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What is a Lite Client?
  • a)
    Allows you to interact with the Blockchain without downloading the whole Blockchain
  • b)
    A type of Cryptocurrency
  • c)
    A platform to develop DAPPS
  • d)
    A server
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What is a Lite Client?a)Allows you to interact with the Blockchain wit...
A Lite Client is a type of software application that allows users to interact with the Blockchain without having to download the entire Blockchain onto their device. This type of client is also known as a light client or thin client.

Advantages of Lite Clients
- Faster synchronization with the Blockchain
- Less storage space required on the device
- Lower bandwidth consumption
- More accessible for people with low-end devices or slow internet connections

How does a Lite Client work?
- A Lite Client connects to a full node on the Blockchain network
- The full node provides the Lite Client with the necessary information to interact with the Blockchain
- The Lite Client only downloads the relevant data for the specific transaction or task it needs to perform
- The Lite Client verifies the transaction using the information provided by the full node

Examples of Lite Clients
- MyEtherWallet
- Electrum Bitcoin Wallet
- Exodus Wallet
- Jaxx Wallet

In summary, a Lite Client is a software application that provides a more lightweight and accessible way of interacting with the Blockchain. It allows users to perform transactions and other tasks without having to download and store the entire Blockchain on their device.
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Community Answer
What is a Lite Client?a)Allows you to interact with the Blockchain wit...
A
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What is a Lite Client?a)Allows you to interact with the Blockchain without downloading the whole Blockchainb)A type of Cryptocurrencyc)A platform to develop DAPPSd)A serverCorrect answer is option 'A'. Can you explain this answer?
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