Stellar 101 - Quiz
Authored by Abhishek Pal
Information Technology (IT)
University
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35 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is a blockchain?
A centralized database
A distributed ledger technology
A type of cryptocurrency
An online payment system
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following best describes Web3?
A centralized web platform
The third version of the World Wide Web
A decentralized internet powered by blockchain technology
A social media network
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What does "P2P" stand for in blockchain terminology?
Point-to-Point
Peer-to-Peer
Process-to-Process
Protocol-to-Protocol
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
In blockchain, what is a "node"?
A type of cryptocurrency
A computer on a blockchain network
A block of data
An online wallet
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is the primary purpose of a consensus mechanism in blockchain?
To create new cryptocurrencies
To validate and agree upon the state of the blockchain
To design smart contracts
To manage digital wallets
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is a common consensus mechanism used in blockchains?
Proof of Stake
Proof of Authority
Proof of Work
All of the above
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is a "smart contract"?
A legal agreement signed digitally
A self-executing contract with the terms directly written into code
A contract that requires manual approval
An intelligent legal advisor
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