Blockchain Understanding Challenge

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12 questions to test blockchain basics

Créé par

Astrid Noviana Paradhita

Indonesia

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Blockchain Understanding Challenge


AsterQuiz Blockchain Understanding ChallengeVersion en ligne 12 questions to test blockchain basics par Astrid Noviana Paradhita 1 What is a blockchain in simple terms? a A single central bank ledger only accessible to banks. b A private database controlled by a single company. c A shared, growing digital ledger of transactions across many computers. 2 Which property means no single party controls the ledger? a Decentralization b Transparency c Immutability 3 Which property makes records very hard to alter after confirmation? a Consensus b Transparency c Immutability 4 What does transparency mean in blockchain terms? a Participants can view and verify the transaction history b Only miners can see transactions c Only the issuer can view transaction history 5 What is consensus in blockchain networks? a Only the creator can validate transactions b Network participants agree on the ledger’s valid state through a protocol c A trusted third party approves all blocks 6 How are blocks linked in a blockchain? a Each block references the previous block’s hash b Blocks are independent and unconnected c Blocks link to a central server 7 What is a distributed ledger (DLT) best described as? a A proof-of-work coin platform only b A ledger shared across a network of participants c A single company’s database 8 How does a blockchain transaction typically move? a Initiate, settle, publish, audit b Initiate, broadcast, validate, add to block, confirm c Create, mine, settle, archive 9 Which term best differentiates blockchain from cryptocurrency? a Blockchain is the underlying technology; cryptocurrency is an application b Blockchain and cryptocurrency are the same thing c Cryptocurrency is the technology; blockchain is the asset 10 What is the role of decentralization in trust? a Trust comes from high transaction fees b Trust is distributed via protocol/consensus, not a single party c Trust relies on a central authority 11 Which concept contrasts the blockchain with a traditional database? a Public ledger vs. private ledger b Digital wallet vs. smart contract c Distributed ledger vs. centralized database 12 Why does blockchain matter for the digital economy? a It eliminates all cost in transactions b It enables disintermediation and new digital asset classes c It centralizes all data in a single server

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Blockchain Understanding Challenge

AsterQuiz

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Blockchain Understanding ChallengeVersion en ligne

par Astrid Noviana Paradhita

What is a blockchain in simple terms?

Which property means no single party controls the ledger?

Which property makes records very hard to alter after confirmation?

What does transparency mean in blockchain terms?

What is consensus in blockchain networks?

How are blocks linked in a blockchain?

What is a distributed ledger (DLT) best described as?

How does a blockchain transaction typically move?

Which term best differentiates blockchain from cryptocurrency?

What is the role of decentralization in trust?

Which concept contrasts the blockchain with a traditional database?

Why does blockchain matter for the digital economy?