ACC5044-Week 4

ACC5044-Week 4

University

27 Qs

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ACC5044-Week 4

ACC5044-Week 4

Assessment

Quiz

Business

University

Practice Problem

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Created by

Babak Naysary

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27 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary purpose of cryptography?

To create digital currencies

To protect confidential information through codes

To mine cryptocurrencies

To regulate the internet

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Who were the cryptographers that published a paper on public-key cryptography in 1976?

Satoshi Nakamoto and Vitalik Buterin

Whitfield Diffie and Martin Hellman

Nick Szabo and Hal Finney

Claude Shannon and Alan Turing

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does a cryptocurrency wallet store?

Digital currency only

Public and private keys

Cryptocurrency mining software

Blockchain technology

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What was the main contribution of Satoshi Nakamoto in the field of cryptocurrency?

Inventing public-key cryptography

Developing the first blockchain

Publishing the Bitcoin white paper

Creating the first digital wallet

5.

OPEN ENDED QUESTION

1 min • 1 pt

Blockchain technology was first introduced as the underlying technology for which cryptocurrency?

Evaluate responses using AI:

OFF

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a distributed ledger?

A) A centralized database

B) A digital currency

C) A database spread across a network of computers

D) A type of cryptocurrency wallet

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What role do nodes play in a blockchain network?

A) They only store data without verifying transactions

B) They perform transactions

C) They verify transactions and maintain the blockchain

D) They regulate the price of cryptocurrencies

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