
How are blockchains used?
Authored by Katherine Marin
English
University
Used 5+ times

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8 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
1. What is a key factor for innovation in the blockchain space?
1. What is a key factor for innovation in the blockchain space?
a) Cryptocurrency mining
b) Smart contracts
c) Digital assets
d) Blockchain hacking
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
2. Which industry was mentioned as making blockchain a household term?
2. Which industry was mentioned as making blockchain a household term?
a) Healthcare
b) Supply chain
c) Cryptocurrency
d) Energy
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
3. What are smart contracts in the context of blockchain?
3. What are smart contracts in the context of blockchain?
a) Physical contracts stored on paper
b) Blockchain-based computer programs
c) Traditional financial agreements
d) Cryptocurrency exchanges
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
4. In what field might a 51% attack pose a risk in blockchain applications?
4. In what field might a 51% attack pose a risk in blockchain applications?
a) Healthcare
b) Cryptocurrency
c) Media
d) Government operations
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
5. What is mentioned as a potential consequence of a 51% attack?
5. What is mentioned as a potential consequence of a 51% attack?
a) Altering previous blocks on the chain
b) Mining new cryptocurrency
c) Ensuring blockchain security
d) Enhancing smart contracts
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
6. For large networks like Bitcoin and Ethereum, a 51% attack is deemed:
6. For large networks like Bitcoin and Ethereum, a 51% attack is deemed:
a) Likely
b) Costly and difficult
c) Preventable
d) Inevitable
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
7. What is a regulated way to invest in blockchain technology directly?
7. What is a regulated way to invest in blockchain technology directly?
a) Purchasing NFTs
b) Investing in decentralized finance
c) Investing in stocks of blockchain companies
d) Mining cryptocurrencies
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