Understanding Ethereum: A Comprehensive Quiz

What is Ethereum primarily compared to in the video?

• Bitcoin

• Blockchain

• Litecoin

• Paypal

Which technology does Ethereum use to operate decentralized applications?

• Blockchain

• Quantum Computing

• Artificial Intelligence

• Cloud Computing

What can Ethereum's decentralized system potentially replace?

• Traditional contracts

• All of the above

• Centralized servers

• Physical currencies

Who is credited with proposing Ethereum?

• Hal Finney

• Satoshi Nakamoto

• Vitalik Buterin

• Nick Szabo

What problem did Ethereum solve that Bitcoin did not?

• Transaction speed

• Energy consumption

• Programming limitations

• Blockchain size

What major internet issue does Ethereum aim to address?

• Centralization

• Privacy

• Security

• Speed

How does Ethereum contribute to the idea of a decentralized internet?

• By using a centralized server

• By allowing anonymous transactions

• By connecting users directly

• By increasing data storage

What is a key feature of smart contracts on Ethereum?

• They can be edited after deployment

• They are immutable

• They operate independently of Ethereum

• They require manual execution

What language are Ethereum smart contracts written in?

• C++

• JavaScript

• Solidity

• Python

What does the immutability of smart contracts imply?

• They are less secure

• They cannot be changed once deployed

• They are based on centralized systems

• They can adapt over time