CFTC Trivia Challenge

CFTC Trivia Challenge

What is the role of decentralized storage solutions in blockchain technology?

Clear

No data to display

To mine cryptocurrency

To store data securely on the blockchain

To regulate cryptocurrency markets

To govern and manage decentralized projects

Answer: To store data securely on the blockchain

By distributing data across a network rather than storing it in a central location, there is no single point of failure.

Learn More: Digital Asset Frauds