
MCM REVISION
Authored by PEI YEOH
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60 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does 'distributed ledger' mean in blockchain?
Data in one server
Data shared across computers
Data hidden by banks
Paper records
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is blockchain secure and tamper-proof?
Hidden from public
Encrypted & irreversible
Approved by banks
Govt regulated
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Transparency in blockchain means:
Only regulators see
All network participants see
Only banks see
Records are invisible
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which shows blockchain has no central authority?
Controlled by government
Controlled by users
Controlled by banks only
Controlled by cloud providers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Immutable records in blockchain mean:
Cannot be deleted or edited
Can be altered by regulators
Data is temporary
Data updated daily
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is TRUE about cryptocurrency?
Exists only digitally
Exists only as notes and coins
Requires government printing
Controlled by central banks
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Traditional money differs from cryptocurrency because:
It is anonymous
It is legal tender issued by central banks
It is created by mining
It uses blockchain
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