Blockchain quiz BLOCKCHAIN Raktim Singh - July 7, 2023 0 1. The biggest advantage of blockchain is To get tamper proof data base To maintain unique records Faster data processing Access to data to everyone None 2. In Block Chain what does P2P stands for? Person to Person Peer to Peer Point to Point Product to Point None 3. Can you store bitcoin in an online wallet? Yes No None 4. In Blockchain these algorithms are used Proof of stake Proof of work Proof of residence Both a & b None 5. Blockchain is good for High value, low volume system High Value, High Volume system Low value, High Volume system None 6. The is supposedly the creator of Bitcoin is? Mark Zuckerberg Satoshi Nakamoto Bill Gates Vitalik Buterin None 7. Vitalik Buterin created which famous blockchain? Ethereum Bitcoin Solana Polkadot None 8. A block in a blockchain consist of? Hash point Origin Point End Point NOTA None 9. What is a Node in a blockchain? Another name for blockchain A data point A computer on a blockchain network 1&2 both None 10. The First country where cryptocurrencies were made legal? The USA Ecuador El Salvador China None 11. Pick the odd one out? Ledger Hash Wallet NOTA None 12. Blockchain splits are referred to as _____? Division Merger Fork Node None 13. The majority of NFT’s are based on which blockchain? Cardano Ethereum Litecoin NOTA None 14. Is Bitcoin limited in number? Yes No None 15. How many cryptocurrencies are there in the world Between 50-200 Between 200-1000 More than 1000 None 16. Pick the correct statement. Cryptocurrency works on Blockchain technology. Technology behind bitcoin is not blockchain. Cryptocurrency works on centralization technology None 17. Whether crypto mining uses lot of energy? Yes No None 1 out of 2 Remember to press 'Submit' button. Quiz result will be shown after that. Time's up Spread the Love! Raktim Singh
