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Blockchain101-Part1

Quiz by 101 Blockchain

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10 questions
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  • Q1

    What is Blockchain?

    A type of currency

    A ledger

    A wallet

    A distributed ledger on a peer-to-peer network

    60s
  • Q2

    Blockchain can perform user transactions ____________.

    Without involving any owned

    With the help of the third party

    Without involving any third party

    Without involving any authenticated

    60s
  • Q3

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

    Proof of Importance

    Proof of Work

    Proof of Miner

    Proof of Stake

    60s
  • Q4

    What does P2P stand for?

    Public Key to Private Key

    Product to Product

    Password to Password

    Peer to Peer

    60s
  • Q5

    Blockchain stores data in the form of?

    Block

    Circle

    Square

    Line

    60s
  • Q6

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

    One person at one time.

    No people.

    Only the people involved in the transaction.

    Multiple people simultaneously.

    60s
  • Q7

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

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

    Yes, but only within a certain time frame.

    No, it cannot be altered.

    60s
  • Q8

    Which of the following(s) is/are the elements of blockchain?

    Consensus Algorithms

    All of them

    Reward & Punishment

    Cryptography

    60s
  • Q9

    Blockchain is used in a _____ way?

    Both Centralized and Decentralized

    None of them

    Decentralized

    Centralized

    60s
  • Q10

    Blockchain is the same as Bitcoin.

    false
    true
    True or False
    60s

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