ISE 2 Module 4 and 5

Which of the following is a key characteristic of a DAO?

• Decentralized and democratic processes

• Mandatory membership fees for participation
• Voting based on financial contributions only
• Centralized control by a single entity

What are the characteristics of a public blockchain?

• Every node has access to read and write on the ledger.

• It is fully centralized in nature

• It offers complete anonymity.

• It is faster than private blockchains.

What is gas in the Ethereum network?

• A measure of transaction speed.

• A method of securing the network.

• An internal currency used to run applications.

• A type of cryptocurrency on Ethereum Platform

What is a nonce in Ethereum?

• Number Used Only Once which is used to verify and validate the transaction

• A method of validating blocks.

• A type of smart contract.

• A unique identifier for each transaction.

What does the 'To' field in a transaction represent?

• The unique identifier for the transaction.

• The address of the recipient of the transaction.

• The amount of gas required.

• The total number of Wei to be transferred.

What types of storage are available for contracts in the EVM?

• Memory, Storage, and Stack

• Temporary, Permanent, and Volatile

• Database, File System, and Cache

• RAM, ROM, and Cache

_________________are not intrinsically associated with any user or actor on the blockchain.

A transaction in Ethereum when completed will either result in

• Message call or Contract creation

• Block verification or Block rejection

• Ether distribution or Gas fee distribution

• None of these

What is the gas price in Ethereum transactions?

• The amount of Wei required to execute the transaction.

• The maximum amount of gas that can be consumed.

• The address of the recipient.

• The total number of Wei to be transferred.

Which of the following functions is used to sign a transaction in Ethereum?

• SHA256

• ECDSASIGN

• AES-256

• RSA-2048