Which of the following are functions of cryptoasset mining? (Select Two.)
A.
Generating new cryptoassets
B.
Ensuring the security of the network
C.
Optimizing and improving the functionality of the network
D.
Validating transactions on the blockchain
The Answer Is:
A, D
This question includes an explanation.
Explanation:
Mining generates new cryptoassets (A) by rewarding miners for solving complex cryptographic puzzles. It also validates transactions on the blockchain (D) by confirming and recording them in blocks, ensuring the integrity of the ledger.
While mining indirectly contributes to network security, the core security mechanisms involve consensus protocols beyond mining alone (B). Optimizing network functionality (C) is usually a development task rather than a mining function.
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