Cryptocurrency and Blockchain Quiz

Cryptocurrency and Blockchain Quiz

University

10 Qs

quiz-placeholder

Similar activities

BLOCKCHAIN

BLOCKCHAIN

University

8 Qs

Litle surprise

Litle surprise

University

9 Qs

Blockchain Basics: Trust Essentials

Blockchain Basics: Trust Essentials

University - Professional Development

14 Qs

Blockchain & Cryptocurrency

Blockchain & Cryptocurrency

University

11 Qs

Unit III Test IF-6I

Unit III Test IF-6I

University

10 Qs

Understanding Blockchain Technology

Understanding Blockchain Technology

University

15 Qs

The Internet, The Web and E-Commerce

The Internet, The Web and E-Commerce

University

10 Qs

Business Intelligence

Business Intelligence

University

10 Qs

Cryptocurrency and Blockchain Quiz

Cryptocurrency and Blockchain Quiz

Assessment

Quiz

Computers

University

Hard

Created by

Raja R

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is cryptocurrency?

A system that only works in specific countries

Physical money carried around for transactions

A peer-to-peer system for sending and receiving payments

A digital payment system that relies on banks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is blockchain?

A system that allows for easy manipulation of records

A traditional business network

A shared ledger for recording transactions

A type of physical currency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of a distributed ledger in blockchain?

To eliminate the need for transactions

To allow for easy alteration of records

To provide an immutable record of transactions

To keep transactions private

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a smart contract in blockchain?

A contract that is not visible to anyone

A physical contract signed by two parties

A set of predefined rules stored on the blockchain

A contract that can be altered by participants

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Bitcoin rewarded for in the blockchain?

For solving complex puzzles

For deleting records

For altering transactions

For creating new blocks

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who introduced Bitcoin to the public in 2009?

Raja Sudharshana Govind

A government entity

An anonymous group of developers

Satoshi Nakamoto

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Proof of Work (PoW) in blockchain?

A way to validate transactions based on coins held

A method for selecting validators randomly

A process where miners solve complex puzzles to add new blocks

A system that requires minimal energy consumption

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?