Blockchain Basics Quiz
Blockchain Basics Quiz
Test your knowledge and understanding of blockchain technology with our engaging quiz! Whether you're a beginner or someone familiar with blockchain concepts, this quiz will challenge you.
- 10 multiple-choice questions
- Assess your understanding of blockchain and smart contracts
- Fun and educational!
Blockchain is
A collection of data which can be altered
A collection of data linked together which can’t be altered
A collection of data to transfer only money
Main components of blockchain are
Data, hash and immutability
Hash and data
Data, hash and hash of previous block
The data contains
Personal details
Transaction details
Stored information
Immutability is the storing data which cannot be changed
True
False
The advantages of blockchain are
Storing data and cost more
Immutable records, fastest transaction and trust between parties
Cost less and slow transaction
Blockchain is used for
Bank transfer, money transfer and medical records
Only for bank transfers
Smart contract is an agreement found inside blockchain
True
False
The advantages of smart contract are
Provide security and no breach of agreement
Everyone can access it and it is an agreement
Anyone can change it and it is safe
Distributed ledger is shared across computers in different locations
True
False
Distributed computing is done only by one computer
True
False
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