Block Chain Quiz

What does the block in the blockchain consist of?

• Transaction data

• A Hash point

• A Timestamp

• All of these

The five elements of blockchain are distribution, encryption, immutability, tokenization and:

• Transparency

• Authorization

• Efficiency

• Decentralization

What characteristic makes blockchain tamper-proof?

• VPN

• IMMUTABILITY

• Cryptocurrency

• Servers

When a record is on a blockchain, who can access it?

• Multiple people simultaneously

• One person at a time

• Only the people involved in the transaction

• No person have to involve

What is the maximum number of bitcoins that can be created?

• 16 million

• 21 million

• 100 million

• There is no maximum

Is it possible to program a blockchain to record transactions automatically?

• Yes

• No

What is the process of creating new bitcoins popularly known as?

• Finding

• Panning

• Sourcing

• Mining

Cryptographic Hash Function transforms an arbitrary length of a fixed length string that act more or less as a Fingerprint of the document

• True

• False

What is the name of the famous Bitcoin exchange from Japan that collapsed in 2014?

• Blockchain.info

• Tradehill

• Mt. Gox

• Bitstamp

What areas of cybersecurity does blockchain have the potential to improve?

• Building Security

• Payment History

• Password Complexity

• Resilience