Blockinvest Quiz

A visually engaging illustration representing blockchain technology, including elements like digital currencies, nodes, decentralized networks, and mining processes.

Blockinvest Quiz

Test your knowledge about blockchain and cryptocurrency with our engaging Blockinvest Quiz! This quiz is designed to enhance your understanding of key concepts and technologies in the blockchain space.

Participants will explore topics such as:

  • Mining and transaction verification
  • Crypto sciences and applications
  • Decentralized applications (dApps)
  • Blockchain mechanics and security
11 Questions3 MinutesCreated by MiningNerd42
Name:
What is Mining?
A type of blockchain
An algorithm that predicts the next part of the chain
A person doing calculations to verify a transaction
Computers that validate and process blockchain transactions
Which of these sciences were not used for bitcoin?
Game Theory
Computer science
Geometry
Cryptography
What is a dApp?
A type of Cryptocurrency
A new type of IoS apps
A type of blockchain
A decentralized application
What is the term for when a blockchain splits?
A merge
A fork
A sidechain
A subdivision
If a hacker wanted to alter a blockchain, what percentage of the block copies would he have to alter?
Only his copy
1%
51%
33%
What are zero Knowledge Proofs?
A way to access a wallet without private keys
An encryption method
A Method to save on transaction fees
What are sidechains?
Another term for a hash function
Smart Contracts that have forked off the main Blockchain
A parallel network used to transfer real-world assets (Real Estate, Equities ecc)
A mechanism that allows tokens from one blockchain to be securely used within a completely separate Blockchain, while being connected with a bridge to the mainnet
Where is the Ethereum central server located?
Washington
Tokyo
None of the above
Undisclosed location
Which of the following is a now-defunct Bitcoin exchange?
Poloniex
The Rock Trading
Mt Gox
Bittrex
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