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Blockchain101

Quiz by 101 Blockchain

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15 questions
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  • Q1

    Which one is not a characteristic of Blockchain?

    Irreversible

    Distributed

    Transparent

    Centralized

    60s
  • Q2

    Which of the following is not a cryptocurrency?

    US Dollar (USD)

    USD Coin (USDC)

    Ethereum (ETH)

    Bitcoin (BTC)

    60s
  • Q3

    Blockchain can perform user transactions ____________.

    With the help of the third party

    Without involving any third party

    Without involving any authenticated

    Without involving any owned

    60s
  • Q4

    What is Blockchain?

    A type of currency

    A ledger

    A distributed ledger on a peer-to-peer network

    A wallet

    60s
  • Q5

    Smart Contract characteristics do not include:

    Alterable

    Fast and cost-effective

    Transparency

    A high degree of accuracy

    60s
  • Q6

    Where is a Blockchain’s central server?

    Located with the owner of the server

    Ordered Node

    There is no central server, it is distributed

    Where the blockchain is created

    60s
  • Q7

    Which of the following is not a type of consensus algorithm?

    Proof of Stake

    Proof of Work

    Proof of Importance

    Proof of Miner

    60s
  • Q8

    What does P2P stand for?

    Peer to Peer

    Public Key to Private Key

    Password to Password

    Product to Product

    60s
  • Q9

    Blockchain is the same as Bitcoin.

    false
    true
    True or False
    60s
  • Q10

    When a record is on a blockchain, who can access it?

    No people.

    One person at one time.

    Only the people involved in the transaction.

    Multiple people simultaneously.

    60s
  • Q11

    Once records are submitted on a blockchain, can they be altered?

    Yes, the parties can go back in and alter them at any time.

    No, it cannot be altered.

    Yes, but only within a certain time frame.

    60s
  • Q12

    Which of the following(s) is/are the potential applications of Blockchain?

    Voting

    Financial Services

    Healthcare

    All of them

    60s
  • Q13

    Blockchain stores data in the form of?

    Block

    Circle

    Square

    Line

    60s
  • Q14

    Blockchain is used in a _____ way?

    Centralized

    Decentralized

    None of them

    Both Centralized and Decentralized

    60s
  • Q15

    Who are we?

    Hong Kong Digital Game Society

    Hong Kong Metaverse Society

    Hong Kong Digital Coin Society

    Hong Kong Digital Asset Society

    60s

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