ROUND 2

ROUND 2

University

25 Qs

quiz-placeholder

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ROUND 2

ROUND 2

Assessment

Quiz

Fun

University

Hard

Created by

Blockchain Club

Used 2+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________ receive verify, gather and execute transactions

  1. Miner nodes

  1. Smart Contracts

  1. Light wallets

  1. Ethereum full node

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What algorithm does the Bitcoin blockchain use?

SHA256

PLA196

CB2187

THX1138

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

 What do we mean to say by "mining Bitcoins"?

A clearing transaction of Bitcoins

A creation of Bitcoins in each block

A change in the money supply of Bitcoins

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

BATM stands for _____

Batman

  1. Bitcoin ATM

  1. Blockchain ATM

  1. Bounded access transaction machine

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Smart Contract characteristics do not include

  1. Alterable

  1. Fast and cost-effective

  1. A high degree of accuracy

  1. Transparency

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A popular public-private key implementation known as Rivest-Shamir Adelman (RSA) algorithm is used for the Bitcoin and Ethereum Blockchain

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of hash is used when there is a fixed number of items to be hashed, such as the items in a block header, and we are verifying the composite block integrity?

  1. Tree-structured Hash

  1. Complex hash

  1. Simple Hash

  1. Either

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