
ROUND 2
Authored by Blockchain Club
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ receive verify, gather and execute transactions
Miner nodes
Smart Contracts
Light wallets
Ethereum full node
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What algorithm does the Bitcoin blockchain use?
SHA256
PLA196
CB2187
THX1138
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do we mean to say by "mining Bitcoins"?
A clearing transaction of Bitcoins
A creation of Bitcoins in each block
A change in the money supply of Bitcoins
All of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
BATM stands for _____
Batman
Bitcoin ATM
Blockchain ATM
Bounded access transaction machine
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Smart Contract characteristics do not include
Alterable
Fast and cost-effective
A high degree of accuracy
Transparency
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A popular public-private key implementation known as Rivest-Shamir Adelman (RSA) algorithm is used for the Bitcoin and Ethereum Blockchain
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of hash is used when there is a fixed number of items to be hashed, such as the items in a block header, and we are verifying the composite block integrity?
Tree-structured Hash
Complex hash
Simple Hash
Either
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