What is the significance of regular updates in blockchain technology?
Blockchain In Gaming
Interactive Video
•
Business, Information Technology (IT), Architecture
•
University
•
Hard
Quizizz Content
FREE Resource
The video explores blockchain forks, focusing on soft and hard forks. Soft forks are backward compatible updates, while hard forks result in two separate blockchains. The video uses Bitcoin and Ethereum as examples to explain the implications of forks, including coin duplication and market effects. It concludes with a summary of the key points discussed.
Read more
7 questions
Show all answers
1.
OPEN ENDED QUESTION
3 mins • 1 pt
Evaluate responses using AI:
OFF
2.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the two main types of blockchain forks discussed in the video?
Evaluate responses using AI:
OFF
3.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain the concept of backward compatibility in the context of a soft fork.
Evaluate responses using AI:
OFF
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Describe the process of executing a hard fork using Bitcoin as an example.
Evaluate responses using AI:
OFF
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What happens to a user's coins after a hard fork?
Evaluate responses using AI:
OFF
6.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the market determine the price of cryptocurrencies after a fork?
Evaluate responses using AI:
OFF
7.
OPEN ENDED QUESTION
3 mins • 1 pt
What challenges arise regarding the naming of new blockchains after a fork?
Evaluate responses using AI:
OFF
Similar Resources on Quizizz
6 questions
Drastic Price Drop in 2018 - EXPLAINED
Interactive video
•
University
6 questions
Learn Git in 3 Hours- Forking Repositories
Interactive video
•
University
4 questions
Kafka for Developers - Data Contracts Using Schema Registry - Data Evolution and Schema Evolution
Interactive video
•
University
8 questions
Bitcoin From Scratch | Blockchain Central
Interactive video
•
University
6 questions
The Full Stack Web Development - Getting Started With HTML5
Interactive video
•
University
6 questions
Crypto Report: SWIFT to Pilot Blockchain
Interactive video
•
University
2 questions
Kafka for Developers - Data Contracts Using Schema Registry - Deleting a Field in Schema - BACKWARD Compatibility
Interactive video
•
University
6 questions
DApps on Bitcoin Blockchain? | Blockchain Central
Interactive video
•
University
Popular Resources on Quizizz
15 questions
Character Analysis
Quiz
•
4th Grade
17 questions
Chapter 12 - Doing the Right Thing
Quiz
•
9th - 12th Grade
10 questions
American Flag
Quiz
•
1st - 2nd Grade
20 questions
Reading Comprehension
Quiz
•
5th Grade
30 questions
Linear Inequalities
Quiz
•
9th - 12th Grade
20 questions
Types of Credit
Quiz
•
9th - 12th Grade
18 questions
Full S.T.E.A.M. Ahead Summer Academy Pre-Test 24-25
Quiz
•
5th Grade
14 questions
Misplaced and Dangling Modifiers
Quiz
•
6th - 8th Grade