MAcc 5P61 Quiz

What is the concept that involves continuously hashing transactions until there is one hash for the entire block?

• Sidechaining

• Hash function

• Vadacchino principle

• Merkle tree

How do blockchains impact managers?

• Reduce profits from legal insider trading

• Allow managers to avoid incurring tax or reputational penalties

• Weaken relative performance evaluations

• Allows for backdating of compensation instruments

How does Blockchain improve corporate elections? (Select all that apply)

• Voting process will be faster

• Votes will be securely recorded

• Better real-time transparency

• Motivate shareholders to participate

Which is not a benefit to a firm issuing securities on blockchains?

• Easy dividend administration

• Concealment of trades

• Avoid hostile takeovers

• Faster trade settlement

What is one of the main reasons blockchain is so secure?

• Moon concepts

• Recording data sequentially

• Cryptocurrencies rely on it

• Hash functions

In what year will the bitcoin reward revert to zero?

• 2140

• 2040

• 2410

• 2400

Transparency reduces liquidity

• True

• False

Which of the following is not an example requirement for underlying software code to be changed?

• Sanctions for violating the agreed upon rules

• Timing and priority for encoding transactions

• Provisions for dispute resolution

• Procedures for enforcement of penalties

Which of the following are NOT part of the complex balancing problem of blockchains?

• Number of miners

• Mining reward size

• Bitcoin price

• Effort for creating a new block

Who really is Satoshi Nakamoto?

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