Blockchain and Applications Quiz Questions with Answer | Blockchain Foundation Program | Week 1

Q1) What is a Blockchain?

    a) Centralized database
    b) A type of currency
    c) Distributed ledger technology on peer to peer networks
    d) Interlinked databases

Q2) What are the characteristics of Blockchain Technology?

    a) Secure
    b) Immutable
    c) Decentralization
    d) All of the above correct

Q3) Block is a bundle of transactions ?

    a) True
    b) False

Q4) Which one is third-generation Blockchain?

    a) Ethereum
    b) Bitcoin
    c) Cardano
    d) All of the above

Q5) Who is the inventor of Bitcoin?

    a) Satoshi Nakamoto
    b) Vitalik
    c) Buterin
    d) None of the above

Q6) The group of technologies that follows the concept of distributed ledger among the participants is called _______.

    a) Wallet
    b) Distributed Ledger Technology
    c) Distributed Database
    d) Cryptocurrency

Q7) What is the name of the research paper that brought Bitcoin to the world?

    a) Bitcoin: a peer to peer digital cash system
    b) Bitcoin: a decentralised electronic cash system
    c) Bitcoin: a peer to peer digital money system
    d) Bitcoin: a peer to peer electronic cash system

Q8) Decentralized networks are controlled by a single authority or a single node

    a) True
    b) False

Q9) Blockchain stores data in the form of ______.

    a) line
    b) block
    c) chain
    d) All of the above

Q10) Blockchain is one type of ________.

    a) Fork
    b) DLT
    c) UTXO
    d) All of the above

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