Blockchain Multiple Choice Question

Question 1. What does Asymmetric encryption use ?

  • A

    Public and private keys

  • B

    Symmetric keys

  • C

    Only public keys

  • D

    Only private keys

Answer:
A. Public and private keys

Question 2. In Blockchain , what does a node mean ?

  • A

    A computer that is connected to the blockchain network

  • B

    An exchange

  • C

    A computer that is connected to the blockchain network and has a copy of the blockchain

  • D

    A type of crypto currency

Answer:
D. A type of crypto currency

Question 3. P2P stands for ?

  • A

    Peer to Peer

  • B

    Peer to Public

  • C

    Public to Public

  • D

    Public to Private

Answer:
A. Peer to Peer

Question 4. On which blockchain bitcoin is based ?

  • A

    Public

  • B

    Private

  • C

    Permissioned

  • D

    Permissionless

Answer:
Public

Question 5. Who is the founder of Bitcoin ?

  • A

    Satoshi Nakamoto

  • B

    Vitalik Buterin

  • C

    Charles Hoskinson

  • D

    Gavin Wood

Answer:
Satoshi Nakamoto

Question 6. Crypto currency is stored in

  • A

    Wallet

  • B

    Bank Account

  • C

    Credit Card

  • D

    USB

Answer:
Wallet

Question 7.What is miner in terms of blockchain ?

  • A

    A person who mines gold

  • B

    Transaction picking algorithm

  • C

    calculation of hash

  • D

    computers that validate and process blockchain transactions

Answer:
D. computers that validate and process blockchain transactions

Question 8. What are the different types of token in cryptocurrency ?

  • A

    currency

  • B

    privacy

  • C

    platform

  • D

    all of the above

Answer:
D. all of the above

Question 9.what is the impact of information leaks an organisation ?

  • A

    loss of reputation

  • B

    loss of revenue

  • C

    loss of customer trust

  • D

    all of the above

Answer:
D. all of the above

Question 10. What is the term for when a blockchain splits ?

  • A

    fork

  • B

    split

  • C

    divide

  • D

    none of the above

Answer:
A. fork