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How much do you know about blockchain?

Total questions: 7

Worksheet time: 4mins

Name
Class
Date
1.

What is Blockchain?

a)

A protocol created by the United States government

b)

A cryptocurrency production system

c)

A decentralized, immutable, transparent and secure database

d)

a cryptocurrency

2.

What does the acronym DeFi stand for?

a)

Delocalized Finance.

b)

Deflationary Finance.

c)

Decentralized Finance.

d)

Decrypting finance

3.

Who was the founder of Bitcoin?

a)

Natoshi Sakamoto

b)

Toshina motosaka

c)

Daniel Santos Bitcoin

d)

Satoshi Nakamoto

4.

Does blockchain technology allow more than just the transfer of cryptocurrencies nowadays?

a)

Yes

b)

No

5.

What is a smart contract?

a)

A contract that becomes intelligent using AI

b)

Programs stored on a blockchain that run when predetermined conditions are met

c)

A programming language

d)

A contract that you can sign with your smartphone

6.

What does the acronym NFT stand for?

a)

New fast token

b)

Non-fungible token

c)

Not fair token

d)

Nice fan token

7.

What is Woonkly labs?

a)

A cryptocurrency

b)

A estonian venture builder focused in blockchain

c)

A DEX with a AMM

d)

A NFT social network