
Web3 Basics
Quiz
•
Other
•
10th Grade
•
Practice Problem
•
Hard
Jon Neale
FREE Resource
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8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a blockchain?
A type of cryptocurrency
A digital ledger of transactions
A decentralized application
A computer network
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What characteristic defines a decentralized application (dApp)?
It is controlled by a single entity.
It operates on a peer-to-peer network.
It can only be used on mobile devices.
It requires centralized servers to function.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a use case of blockchain technology outside of cryptocurrency?
Social media
Supply chain management
Video games
All of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary benefit of using cryptocurrency over traditional fiat currency?
It is always worth more than fiat currency.
It can be used without the need for banks.
It is backed by gold.
It offers slower transaction times.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which technology underpins most cryptocurrencies?
Artificial Intelligence
Quantum Computing
Blockchain
Cloud Computing
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does blockchain technology ensure the integrity of data?
By allowing anyone to alter data retroactively.
Through centralized data storage.
By making all transactions public and easily traceable.
Using cryptographic hashes to link blocks securely.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main advantage of smart contracts in blockchain technology?
They require third-party intermediaries for execution.
They automatically execute and enforce the terms of a contract.
They are less secure than traditional contracts.
They can only be used for financial transactions.
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