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BLOCKCHAIN TECHNOLOGY
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NARAYAN CHANGDER

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Preface:
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JAI SHREE RAM

NARAYAN CHANGDER
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Contents

1 BLOCKCHAIN TECHNOLOGY . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
1.1 BLOCKCHAIN TECHNOLOGY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
1. BLOCKCHAIN TECHNOLOGY

NARAYAN CHANGDER
1.1 BLOCKCHAIN TECHNOLOGY
1. Which of the following application does B. Hybrid
not use DeFi so far? C. Consortium
A. Exchanges D. Private
B. Social Media
5. Is using cryptocurrencies illegal around the
C. Insurance world?
D. Lending and Borrowing A. No, It allowed Everywhere
2. Blockchains support CRUD operations, just B. Cryptocurrencies are decentralized,
a like a database. thus not affected by law
A. TRUE C. Yes
B. FALSE D. No, Depends on jurisdiction
Explanation:Several countries have made
3. A Blockchain protocol operates based on a it illegal to use Bitcoin, including China
network: and Egypt.
A. Ring
6. Single-level network in English
B. Peer-to-peer
A. peer-to-peer
C. Client/server
B. people-to-people
D. Waterfall
C. business-to-business
E. Star
D. person-to-person
4. A is a separate blockchain that is at-
tached to the main blockchain, allowing for 7. Which of these are part of a block in the
the transfer of assets between the two blockchain? Select all that apply.
chains. A. The hash of the preceding block.
A. Sidechain B. The hash of this block.

1. B 2. B 3. B 4. A 5. D 6. A 7. A 7. B 7. C 8. A
1.1 BLOCKCHAIN TECHNOLOGY 3

C. The nonce of this block. 13. Maintaining a blockchain network does not
require a significant amount of energy,
D. The nonce of the preceding block.
which can be costly and environmentally

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8. A distributed ledger is unfriendly.

A. a consensus of a replicated, shared A. True


and synchronized data maintained by a B. False
distributted systems.
C. Not Applicable
B. information on transactions done be-
tween only one individual and many peo- D. none of above
ple
14. The Hash function
C. only kept in banks. It is difficult to
replicate it in a blockchain systems.
D. none of above

9. What are the various types of block


chains?
A. public A. Transforms a sequence of input data
B. private into a fixed-length string

C. consortium and hybrid B. Allows you to verify the integrity of a


message
D. all the above
C. It is the digital fingerprint of a mes-
10. In gaming, which of the following tokens sage:it changes as the message changes
is used to buy the game assets? D. All true
A. ERC 721
15. What are two main components of the
B. ERC 1135
Grid+ System?
C. ERC 20
A. Energy production & Energy Transmis-
D. none of above sion.

11. Spam is a growing nuisance for email mar- B. Energy retailer & Smart agents.
keters C. Energy donation & Energy mining.
A. Yes D. none of above
B. No
16. The technology behind blockchain is not
12. Bitcoin is based on key encryption complex and difficult for non-technical in-
dividuals to understand.
A. Standard encryption
A. True
B. Decentralized and centralized encryp-
tion B. False
C. Public and private encryption C. Not Applicable
D. Simple and complex encryption D. none of above

9. D 10. C 11. B 12. C 13. B 14. D 15. B 16. B 17. B


1.1 BLOCKCHAIN TECHNOLOGY 4

17. What does bitcoin base its trust on? C. Blockchains are the linked records of
A. On validation nodes verified transactions
D. Blockchains consist of Bitcoins
B. In the network of computers that act
as a decentralized database basing valida- 23. What incentive do miners get for solving
tion on a consensus equations?
C. In the mathematical operations that
miners solve

NARAYAN CHANGDER
D. THAT

18. What are the problems with BlockChain?


A. Cannot calculate efficiently
B. Server setup and costs are higher than
Centralized.
A. Praise
C. Unable to edit data
B. Access to classified information.
D. The person who edits the information C. Get computer parts in discount
must be the owner only.
D. Rewards usually in terms of crpytocur-
19. Decentralized blockchains are immutable? rency.
A. True 24. The blockchain provides a snapshot of the
B. False current state.
C. Can be True and False A. True
D. Cannot say B. False

20. Miners execute the transactions for Ether 25. Which of the following blockchain frame-
transfers but are not responsible for the work basically emphases the use of smart
execution of smart contracts. True or contracts
False? A. Cardano
A. TRUE B. Solana
B. FALSE C. Tether
D. Ether
21. What is Blockchain?
A. A decentralized digital ledger that 26. If a function call runs out of gas, the gas
records transactions submitted by the user is returned andthe
function rolls-back
B. A type of cryptocurrency exchange
A. TRUE
C. A type of computer virus
B. FALSE
D. A type of social media platform
27. What is mentioned as a potential conse-
22. Which statement is true? quence of a 51% attack?
A. Blockchain is a currency A. Altering previous blocks on the chain
B. Blockchains are connected via nodes B. Mining new cryptocurrency

18. B 19. A 20. B 21. A 22. C 23. D 24. B 25. D 26. B 27. A 28. B
1.1 BLOCKCHAIN TECHNOLOGY 5

C. Ensuring blockchain security 33. Which of these companies is the leader in


D. Enhancing smart contracts the Blockchain Technology?

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A. Intellectsoft
28. An UTXO
B. Blockchangers
A. contains all the bitcoins stored in a sin-
C. LeewayHertz
gle address
D. Chromaway
B. can not be partially spent
C. contains a hash pointer to the transac- 34. What is the name of the layer 2 blockchain
tion that spends it protocol being developed by AAG?
D. contains the signature that allows to A. Oasis
spend it B. Come on, come on
29. What is the foundation of blockchain tech- C. Mythic Protocol
nology? D. MetaOne
A. Merkle trees 35. Once records are submitted on a
B. Public-private key pairs blockchain, can they be altered?
C. Consensus algorithms A. Yes-the parties can go back in and al-
D. Cryptographic signatures ter them at any time
B. Yes-but only within a certain time
30. Blockchain will be a better fit over a tradi- frame
tional database system when:
C. No-they cannot be altered
A. Public validation is required
D. none of above
B. Infinite scalability is needed
36. What is a gas fee in Blockchain technol-
C. No single authority can or should own
ogy?
the data
A. A fee paid to miners for processing
D. All of the above transactions on the network
E. None of the above B. A type of cryptocurrency
31. Which of the following application does C. A database table
not use DeFi so far? D. A computer program
A. Lending and Borrowing
37. Encryption is used to secure and verify all
B. Social Media the data in the network.
C. Insurance A. True
D. Exchanges B. False
32. Which one of these is a contract oriented 38. What are the features of Blockchain?Select
programming language? more than one
A. Solidity A. Immutability
B. Ivy B. Centralized
C. Rholange C. Tamper-proof
D. none of above D. Distributed

29. A 30. D 31. B 32. A 33. C 34. B 35. C 36. A 37. A 38. A 38. C 38. D 39. A
1.1 BLOCKCHAIN TECHNOLOGY 6

39. which of the following is the correct an- 44. Ethereum state trie is an excellent exam-
swer? ple of a real-world application of layer 1
A. A. True
B. B. False

40. What are the three elements that consti- 45. What is blockchain?
tute a Blockchain block?
A. A song

NARAYAN CHANGDER
A. 1. Data2. Hash3. Hash of previous
B. A Cryptocurrency
block
C. A shared digital ledger
B. 1. Fingerprint 2. Coins3. Hash
D. A computer brand
C. 1. Hash 2. Monetary amount 3.
Sender details 46. where to buy crypto assets at?
D. 1. Recipient data 2. CURP 3. Finger- A. Vincent’s Store
print
B. big shop
41. What is Metaverse?
C. Tokocrypto
A. A virtual space where users can create
D. Dear Dhea
and experience digital worlds
B. A parallel world, users can travel 47. The positive implications of Crypto Assets
through dimensions of space and time are, except
C. A virtual reality where users can wear A. Low cross border transfer fee
VR glasses and interact with digital ob- B. Anonimity e-commerce
jects
C. Low transaction cost
D. In augmented reality, users can use
smart devices and cameras to see D. Stable store value
E. Stable transaction
42. What is meant by a bearish trend on a can-
dlestick chart? 48. Which of the following is not a component
A. Increase in asset value over time of a blockchain network?
B. Decrease in asset value over time A. Nodes
C. Stable price for an asset B. Miners
D. Random changes in asset value C. Blocks
D. Apps
43. Which of the following are blockchain
smartcontracts applications? 49. Which of the following is not the key con-
A. government cept of Blockchain Technology?
B. management A. Ledger
C. automobile B. Immutable
D. healthcare C. Distributed Network
E. All the above D. Alterable History

40. A 41. A 42. B 43. E 44. A 45. C 46. C 47. D 48. D 49. D 50. C
1.1 BLOCKCHAIN TECHNOLOGY 7

50. According to a Juniper market research sur- 56. Which one of the following is NOT a prop-
vey in 2017, Blockchain (DLT) is being con- erty of a public blockchain?
sidered by more than % of the world’s

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big corporations.
A. 10
B. 25
C. 50
D. 75

51. the ability of a good or asset to be inter- A. Distributed


changed with other individual goods or as- B. Editable Transactions
sets of the same type
C. Transparent
A. Fungible
D. Pseudonymous
B. Smart Contract
C. Blockchain 57. Bitcoin address is generated by processing
D. NFT hash value which is based on
A. Public Key
52. What type of network does Blockchains
use? B. Private Key
A. P2P C. Both Public Key and Private Key
B. Red centered D. Not dependent on keys

53. What does P2P stand for? 58. Support of innovative development ar-
A. Party to party eas, development of technological en-
trepreneurship, startup culture and
B. Peer to peer F3TKZ (scientific-research-practice-design
C. Product to product works), attraction of venture financing,
D. Password to password formation of demand for innovations
A. Digitization of economic sectors
54. What is the purpose of a nonce?
B. Transition to the digital state
A. Follows nouns
C. Implementation of the Digital Silk
B. A hash function
Road
C. Prevents double spending
D. Development of human capital
D. Sends information to the blockchain
network E. Creating an innovative ecosystem

55. How does blockchain store information? 59. Consider an advantage of blockchain
A. In a single block A. Ease of video playback
B. In a chronological chain of blocks B. Data privacy and security
C. In a decentralized ledger C. Promote leadership
D. In a database file D. Effective communication

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1.1 BLOCKCHAIN TECHNOLOGY 8

60. Since when did the term Blockchain become 64. What is the main purpose of the Hash func-
known? tion in Blockchain?
A. 1990 A. To encrypt the transaction data
B. 1991 B. To generate a unique digital finger-
print of the transaction data
C. 1992
C. To store the transaction data in the
D. 1993 Blockchain

NARAYAN CHANGDER
61. Blockchain is the technology that makes D. To validate the transaction data
Bitcoin ?
65. Can Blockchain be controlled or censored
by any party?
A. Yes, internet service providers, author-
ities, powerful groups
B. No, it is therefore a free and demo-
cratic technology
A. underlying C. Depends, depending on the type of
B. slurps blockchain, governance structure, eco-
nomic incentives
C. manufactures
D. It’s unclear, the technology is new and
D. treated there are many debates about control or
censorship
62. What is blockchain, according to IBM?
A. It is a centralized database 66. Places to add additional peripherals are in-
dicated by numbers
B. It is a set of cubes connected to each
other.
C. Blockchain is a shared, immutable
ledger that facilitates the process of
recording transactions and tracking as-
sets across a business network.
D. It is a gigantic book of accounts in
which the records (blocks) are linked and
encrypted so as not to protect the security
and privacy of the transactions.
A. 4 and 6
63. What is a smart contract?
B. 2 and 6
A. Automated, self-enforcing contract
C. 2
B. A well written agreement between two D. 6
people
C. A piece of software providing off-chain 67. To the Bitcoin currency:
data A. It also allows you to pay in real stores
D. A paper-based contract B. It can only be used online

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1.1 BLOCKCHAIN TECHNOLOGY 9

C. It can be used in the real world if you 73. Which of the following is a component of
have a Certified Wallet a blockchain?

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D. It can be used in certified virtual A. Nodes
stores
B. Smart contracts
68. Is blockchain technology a peer-to-peer C. Cryptocurrency wallets
(P2P) system?
D. All of the above
A. Sim
74. Mention one example of digital currency
B. No
(Cryptocurrency).
69. What is Web3.0? A. Bitmoney
A. A new version of the internet, based B. Ethereum
on AI and IoT technology
C. Coinform
B. A new version of the internet, based on
cloud computing and big data technology D. Digital Wallet

C. A new version of the internet, based 75. Cryptocurrencies are the only use case for
on blockchain technology, cryptocurrency blockchain technology.
D. A new version of the internet, based A. True
on 5G and XR technology
B. False
70. The data in the memory will be lost when
76. There are three types of peers?
the computer is turned off called
A. Endorsing, Ordering, Committing
A. non volatile
B. volatile B. Active, Ordering, Committing

C. semi volatile C. Passive, Active, Neutral

D. less volatile D. Passitive, Endorsing, Neutral

71. What is a DAO? 77. Which of the following is a blockchain plat-


form?
A. A automatized organization that work
as a set of smart contracts A. Ethereum
B. A government institution using B. Quorum
blockchain C. Ripple
C. A startup specialized in blockchain D. All of the above
technology
D. All answers are correct 78. In the financial sector, blockchain is often
used for:
72. Which points apply to cold storage? A. Weather forecasting
A. Offline wallet B. Cryptocurrency mining
B. Online wallet C. Cross-border payments and remit-
C. High security tances
D. Good for large funds D. Social media marketing

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1.1 BLOCKCHAIN TECHNOLOGY 10

79. The Gyanith App/Website through which 83. Decentralized networks have reduced
you registered is an example of speed of access to information
A. True
B. False

84. What is a Mempool in Bitcoin?


A. A pool of unconfirmed transactions

NARAYAN CHANGDER
B. A pool of confirmed transactions
C. A pool of Bitcoin wallets
D. None of the above

A. Web 1.0 85. A network of facilities equipped with ac-


cess to the Internet
B. Web 2.0
A. A chain of blocks
C. Web 3.0
B. Big data
D. none of above C. Internet of Things
80. Why are bitcoins used? D. Neural network
A. because they are worth more 86. What is a signature in Bitcoin?
B. because they are in cash and can be A. A code that verifies a Bitcoin transac-
verified tion
C. because they are virtual and also not B. A code that encrypts a Bitcoin transac-
traceable tion
D. bitcoins are not used C. A code that decrypts a Bitcoin transac-
tion
81. Who created Bitcoin? D. None of the above
A. Satoshi Nakomo and
87. What is the fundamental concept behind
B. John Mcafee blockchain technology?
C. China A. Cloud-based computing
D. Samsung B. Public key encryption
C. Decentralized consensus algorithm
82. Which are true about Ethereum?
D. Centralized data storage
A. Is “Turing complete” meaning it is ca-
pable of general computing. 88. The value of Bitcoin varies based on:
B. Uses a single account system. A. The European ECB
C. Uses nonces to count transactions B. The Italian ECB
sent from an account. C. The Milan stock exchange
D. Designed for complex transactions, na- D. by the relationship between supply
tively. and demand

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1.1 BLOCKCHAIN TECHNOLOGY 11

89. Founder of Ethereum? D. Supply chain management, digital iden-


A. Satoshi Nakamoto tity, and cross-border payments

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B. Vitalik Buterin 95. Distributed ledger is
C. Brendan Eich A. one ledger that has access over all
D. satoshi ite nodes
B. two ledger that has access over multi-
90. Bitcoin is a
ple ledgers
A. blockchain
C. none of the above
B. proof-of-work
D. none of above
C. cryptocurrency
96. Double spending is reusing digital assets
D. mining mechanism
intentionally or inadvertently. True or
91. Which hash algorithm is used to identify False?
block in blockchain? A. TRUE
A. MD5 B. FALSE
B. RSA
97. How do smart contracts implement es-
C. blowfish crow?
D. Dissatisfied A. Using combination of account balance
92. Business managers should: and modifiers for enforcing conditions.
A. know how to use each IT product B. By notifying the owner to release the
assets when the required balance is re-
B. understand IT processes ceived.
C. understand the benefits of using IT C. A. Using special access accounts to
D. designing IT solutions hold ethers.
93. What does D stand for in ABCDEFG Digital D. none of above
Transformation?
98. EVM (Ethereum Virtual Machine) is used
A. Digital Awareness for
B. Data awareness A. Adding security
C. Data Driven B. Securing the transactions
D. Digital Driven C. Compiling the smart contracts
94. What are some challenges that need to D. Adding new smart contracts
be addressed as blockchain technology be-
comes more widely adopted? 99. What does the blockchain merge to
strengthen the capacity of information net-
A. Scalability, regulatory compliance, and works?
energy consumption
A. Internet and infrastructure
B. Security, transparency, and immutabil-
ity B. Institutional structures and society

C. Decentralization, smart contracts, and C. Data and analytics


tokenization D. Economics and technology

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1.1 BLOCKCHAIN TECHNOLOGY 12

100. What are some red flags to look out for 105. Bitcoin was the first and is the most suc-
when considering investing in a crypto as- cessful of all the cryptocurrencies. All the
set project? other coins are grouped together under
A. Lack of transparency about the project this category.
team and their background A. Bitcoin
B. Exaggerated or unrealistic claims B. Altcoins
about the project’s potential C. Cryptocurrency

NARAYAN CHANGDER
C. There is no ‘roadmap’ or clear plan for D. Circulating Supply
project development
106. The first block in a blockchain is consid-
D. All answers are correct ered the:
101. In Ethereum, the block hash is the hash A. Genesis Block
of all the elements in the B. Merkle Block
A. Transaction hash tree C. The Root
B. Receipt tree D. none of above
C. Block header 107. What is the role of a node in blockchain?
D. State tree A. To validate transactions and add them
to the blockchain
102. Who is Satoshi Nakamoto?
B. To store and transmit data on the chain
A. Ethereum creator
C. To mine new blocs and earn rewards
B. The man who created Bitcoin
D. All of the above
C. The person or group of people who cre-
ated Bitcoin 108. The EVM is:
D. God A. A cryptocurrency
B. An encryption algorithm
103. What is blockchain technology?
C. An environment to execute smart con-
A. A type of digital currency used for fi- tracts
nancial transactions.
D. A gaming platform
B. A distributed ledger that records trans-
actions across multiple computers. 109. What is the role of Nodes in Blockchain?
C. A centralized database used by banks A. To request transactions
for secure data storage. B. To broadcast transactions
D. A financial institution focused on cryp- C. To validate transactions
tocurrency trading. D. To complete transactions
104. What does B stand for in ABCDEFG Digi- 110. What was used as a form of exchange in
tal Transformation? Phase Four of society?
A. Business Strategy A. Goods
B. Business Model B. Cryptocurrencies
C. Business Solution C. Coupons
D. Business Service D. Monety

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1.1 BLOCKCHAIN TECHNOLOGY 13

111. About Bitcoin Decentralization A. Elimination


Anonymity Global Accessibility They are: B. centralization

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A. Downside C. decentralization
B. Advantage D. composition
112. What do you call the process through 116. What is the difference between a public
which new Bitcoins are created, among blockchain and a private blockchain?
other things?
A. There is no difference between a pub-
lic blockchain and a private blockchain
B. A public blockchain is used for social
media while a private blockchain is used
for financial transactions
C. A public blockchain is decentralized
while a private blockchain is centralized
D. A public blockchain is open to everyone
A. Mining while a private blockchain is restricted to
B. Harvesting a specific group of users
C. Agreed 117. Some of the largest, popular Blockchains
D. Trojans are
A. Bitcoin
113. Which country is best for crypto cur-
rency? B. Ethereum
A. Germany C. Hybrid

B. India D. Both Bitcoin and Ethereum

C. Singapore 118. What does immutable mean in the con-


D. The Savior text of blockchain?
A. Something that can be changed or
114. Blockchain can enhance the voting pro- modified
cess by providing:
B. Something that can never be changed,
A. Real-time traffic updates modified, deleted, or amended
B. Transparent and secure election re- C. Something that can be deleted and
sults amended
C. Music streaming services D. Something that can be changed but not
D. Home gardening tips deleted

115. The integrity of the data comes from 119. Which of the following is not one of the
data management. three main Ethereum token standards?
A. ERC20
B. ERC223
C. ERC508
D. ERC721

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1.1 BLOCKCHAIN TECHNOLOGY 14

120. what does the ledger in blockchain does? 126. Everyone knows who is Satoshi
Nakamoto.
A. Mapping between owner and object
A. True
B. Identification of objects owned
B. False
C. Identification of owners
D. None of the above 127. Digitization of industry and power in-
dustry Digitization of transport and lo-
121. What consensus mechanism does Bitcoin gistics Digitization of agriculture Develop-

NARAYAN CHANGDER
use? ment of e-commerce Financial technologies
and cashless payments
A. Proof of Work (PoW)
A. Digitization of economic sectors
B. Proof of Stake (PoS)
B. Transition to the digital state
C. Delegated Proof of Stake (DPoS) C. Implementation of the Digital Silk
D. Proof of Authority (PoA) Road
D. Development of human capital
122. Bitcoin is regulated
E. Creating an innovative ecosystem
A. True
128. What type of Cryptocurrency coin is a
B. False
group of coins that can increase their pur-
123. Which of the following is included in Cur- chasing power over time? and is a coin
rency Coin? with a limited supply
A. Smart Contract(ETH, ADA, SOL)
A. BTC
B. store of value (BTC, LTC, BCH)
B. TKO
C. Stablecoin(USDT, USDC, BUSD)
C. BUSD
D. Value Transfer (CHP, KLM, Velo)
D. PAXG
129. What is the role of a miner in a Blockchain
124. Where is the bitcoin central server lo- network?
cated? A. To validate transactions and add them
A. Washington DC to the Blockchain
B. Undisclosed Location B. To create new cryptocurrency

C. London C. To manage the network infrastructure

D. No Central Server is present D. To develop new consensus mecha-


nisms
125. What is the deployable file type.bna rep- 130. Main concept behind Practical Byzantine
resent in Hyperledger Fabric? Fault Tolerane is ?
A. Business network Archive A. Choosing winning miner
B. Business Node Archive B. Election of a leader
C. Binanry Node Archive C. Efficient forking of the blockchain
D. Binary Network Archive D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 15

131. Which cyber intelligence threat level fo- 135. What are the 3 requirements that you
cuses on providing information related to must meet in localbitcoin to be able to buy
malware? and sell?

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A. strategic cyber threat intelligence A. Check mobile number
B. Technical cyber threat intelligence B. Activate second safety factor
C. Operational cyber threat intelligence C. Verify email

D. Tactical cyber threat intelligence D. Verify identity with passport or ID data


136. Which storage type should you use for
132. What should we do if our PC is infected
the highest security standards?
with Ransomware and we haven’t made a
Backup? A. Hot storage
B. Warm storage
C. Cold storage
D. Live storage
137. What is the role of a whitepaper in
Blockchain technology?
A. To provide a detailed explanation of a
A. Restore the latest Backup new Blockchain project
B. Download the APP provided by the at- B. To create new cryptocurrency
tacker to get the key
C. To manage the network infrastructure
C. Notify the competent authorities and D. To develop new consensus mecha-
seek help from an expert technician nisms
D. Search online for the decryption key
138. What can be recorded and tracked using
133. Decentralised data architecture with no blockchain technology?
intermediaries are introduced in A. Financial transactions
A. Static Web B. Medical records
B. Dynamic Web C. Land titles
C. Semantic Web D. All of the above
D. Social Networks 139. Blockchain is a list of records.

134. The effects of Moore’s Law that we feel


today except?
A. The speed of computer processing and
calculations is getting shorter
B. Digital products are getting smaller
and more personalized A. discontinuous
C. Storage costs are increasingly expen- B. continuously expandable
sive C. constantly replaceable
D. Increased connectivity D. endlessly expanded

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1.1 BLOCKCHAIN TECHNOLOGY 16

140. What is the name of digital currency cre- A. cryptographic key that grants access
ated by the People’s Bank of China? to your own coins.
A. DEPC B. Entry data to a network
B. Mandarin C. Secret method to sip Bitcoin
C. KIP D. Personal Data
D. DCEP 145. What does this line of code do?key = wif
to key(”PRIVATE KEY”)

NARAYAN CHANGDER
141. How do you access the web interface to
the IPFZS in the excercise that you com- A. Gets the private key from the.env file.
pleted? B. Converts the private key into an object.
A. Through a browser using https:// C. Signs the wallet designated by the key.
B. Through the cmd by typing ipfs webui D. Checks the balance of that wallet.
C. Through a browser using local- 146. Does the owner of an NFT also always
host://5001/webui own the intellectual copy rights?
D. By downloading the additional webui A. Yes
pack from the ipfs website. B. No
142. Bitcoin was invented by 147. Assets that only exist on-chain as NFTs
A. The US and Chinese governments are refered to as
B. Researchers from MIT, Harvard and A. Off-Chain
Oxford B. NFT-only
C. Elon Musk C. Natively digital
D. An anonymous person or group of D. Unique
people under the pseudonym Satoshi
Nakamoto 148. What is the approximate time duration in
which Bitcoins are released into the Bitcoin
143. In the context of investments in Network?
Blockchain, what does ICO stand for? A. 11 minutes
A. Initial Coin Offering B. 10 minutes
B. International Cryptocurrency Organi- C. 20 minutes
zation D. 30 minutes
C. Internet Commerce Operation
149. What is a smart contract?
D. Investment and Cryptography Over-
A. A smart contract is a computer proto-
sight
col intended to digitally facilitate, verify,
144. What is a private key? or enforce the negotiation or performance
of a contract
B. Computer code running on top of a
blockchain containing a set of rules under
which the parties to that smart contract
agree

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1.1 BLOCKCHAIN TECHNOLOGY 17

C. The two definitions here under are cor- A. A computer system of shared and de-
rect centralized digital files

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D. None of the definitions hereunder are B. A computer
correct C. A cryptocurrency
150. Bitcoin is based on Blockchain D. A bank
A. Private 155. Which application of blockchain technol-
B. Permissioned ogy is used to track the origin and journey
C. Public of products in supply chains?

D. Public permissioned A. Cryptocurrencies


B. Supply Chain Management
151. What are potential benefits of CBDCs?
C. Digital Identity
A. Faster and cheaper payments
D. Voting Systems
B. Increase in privacy
C. Easier to reverse transactions 156. Who were the initial pioneers behind
blockchain technology?
D. Expands consumer access to the finan-
cial system A. Steve Jobs and Bill Gates
B. Stuart Haber and W. Scott Stornetta
152. What is the role of intermediaries in tra-
ditional business transactions? C. Mark Zuckerberg and Larry Page

A. To verify data changes D. Elon Musk and Jeff Bezos

B. To decentralize information 157. What does the security & privacy frame-
C. To build trust between parties work help weigh in financial accounting?

D. To solve cryptographic puzzles A. The need for openness versus con-


trolled access
153. What does a distributed ledger system B. The importance of data privacy against
mean? the need for transparency
A. Each user has a full copy of the ledger C. The trade-off between security and pri-
B. The data is not accessible to all users vacy
C. The data resides on one controller D. none of above
D. The data is controlled by a central au- 158. Below are big data challenges, except
thority
A. Poor data quality
154. What is blockchain? B. Data real-time
C. Security and privacy
D. Many experts in the field

159. Which financial sector has adopted


blockchain technology for cross-border
payments?
A. Insurance

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1.1 BLOCKCHAIN TECHNOLOGY 18

B. Stock trading 164. Blockchain technology contributes to the


C. Remittance long-term viability of all system activities
since everything that occurs is recorded
D. Credit card processing and irreversible
160. Blockchain technology is a relatively new A. TRUE
technology that has the potential to cre- B. FALSE
ate new business models and disrupt in-
C. FROM GROUP 1 WITH LOVE
dustries.

NARAYAN CHANGDER
D. none of above
A. True
B. False 165. Rules that are not relevant or not consid-
ered in Crypto Assets are
C. Not Applicable
A. Currency Act
D. none of above
B. Ooo passing model
161. Which of the following is incorrect about
C. Commodity Futures Trading Act
blockchain?
D. Banking Law
A. A change on a previously added trans-
action is only possible if all nodes accept E. Crypto Asset Trade Ministerial Decree
the change. 166. How do wallets work in Bitcoin?
B. It is a peer-to-peer system of transact- A. Wallets store Bitcoins
ing values.
B. Wallets send and receive Bitcoins
C. It is a shared, decentralised, and open
ledger of transactions. C. Both store and send/receive Bitcoins

D. There is no need for trusted third par- D. None of the above


ties in a blockchain. 167. “It is only adding data, there is no delet-
162. It is an IoT requirement that the majority ing, and data that is already recorded in
of measuring devices will be autonomous the blockchain will be difficult or almost
and remain operational for years impossible to modify.” What type of data
storage feature is this?
A. Cost of devices
A. Cantralized
B. Simplicity
B. Decentralized
C. Scaling
C. Centralized
D. Energy efficiency
D. Decentralized
E. Conductivity
168. Blockchain is defined as a distributed
163. What are orphaned blocks in Bitcoin? ledger because
A. Blocks that are unconfirmed A. It is not regulated by any government
B. Blocks that are confirmed but not in- B. Every user can register a transaction
cluded in the main blockchain in a blockchain platform
C. Blocks that are confirmed and included C. The main application of blockchain is
in the main blockchain related to accounting
D. None of the above D. All answers are correct

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1.1 BLOCKCHAIN TECHNOLOGY 19

169. What are Dapps? C. FSA


A. Distributed centralized applications D. BI

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B. Decentralized applications
174. How is security enforced in the Grid+ sys-
C. Centralized smart contracts
tem?
D. Decentralized autonomous non-profit
A. Single cryptographic signature
organizations.
B. Multiple signatures are used to control
170. A hacker will not be able to alter the data the smart agent operation.
in the blockchain because
C. A. Certificate authority
A. each user has a copy of the ledger
B. the hacker is good at hacking D. none of above

C. the hacker works for China 175. Blockchain started in ?


D. the data within the blocks are en- A. 2006
crypted with by complex algorithms
B. 2007
171. Public blockchains give an incentive to en-
courage users to mine blocks and secure C. 2008
the network. What incentive is this? D. 2009
A. Public blockchains allow users to cre-
ate tokens to sell on secondary markets. 176. What task do miners mainly perform?
B. Public blockchains do not offer re- A. Create blocks
wards, because they are open source. B. Create transactions
C. Public blockchains offer cash rewards
C. Create addresses
for running mining nodes.
D. Public blockchains offer rewards for D. Compute address balances
mining in the form of cryptocurrency.
177. What happens if someone makes a mis-
172. What is the purpose of Bitcoin? take in a blockchain record?
A. Get rich by producing and buying Bit- A. The mistake is ignored
coins
B. The entire blockchain is deleted
B. Solve complex economic problems that
fiat money cannot solve C. The mistake is automatically corrected
C. Securely transfer value without inter- D. Another record is written to acknowl-
mediaries edge the mistake
D. Take power away from the president of
178. Fields whose role is to analyze data and
the United States
its use in business
173. Those authorized to give approval to the A. Data Engineers
Futures Exchange to carry out Crypto As-
set transactions are: B. Data Scientist
A. CPC C. Database Administrator
B. BAPPEBTI D. Database Architect

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1.1 BLOCKCHAIN TECHNOLOGY 20

179. How are “bitcoins” produced? 183. How many types of blockchain are there?
A. Private, Hybrid, Public
B. Private, Public, Mixed
C. Private, Bitcoin and Mixed
D. Airbit, Private and Public
184. What is the definition of “FIAT”?

NARAYAN CHANGDER
A. Bitcoins
A. Governments supporting the “bitcoin” B. Government-issued currency, such as
currency the US dollar.
B. Computers using their processing C. Cyrptocurrency
power to facilitate and store transactions. D. None of the above
C. Mines in the ground 185. What is HASH?
D. All of the Above A. online financial information
B. Set of Greek characters in that block
180. Where is the bitcoin central server lo-
cated? C. A specific set of letters obtained from
decoding that block.
A. Washington DC
D. A unique set of characters obtained
B. Undisclosed Location from the encoding of that block.
C. London 186. What is the purpose of a soft wallet in
D. None of these Blockchain technology?
A. To store cryptocurrency online for
181. Blockchain technology differs from a com- easy access
mon database because, in addition to stor-
B. To create new cryptocurrency
ing and sharing information more securely,
it allows data to be validated, according C. To manage the network infrastructure
to previously defined criteria, and shared D. To develop new consensus mecha-
systematically and in real time with all par- nisms
ticipants. avoiding the need for a regula-
tory entity. 187. Bitcoin and Blockchain mean the same
thing
A. TRUE
B. Falso

182. Tokenizar securities significa:


A. Proteger acciones con tokens
B. Convert stocks and bonds into digital A. True
tokens B. False
C. Create a token-based security system C. Maybe
D. Develop tokens for security companies D. I don’t know

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1.1 BLOCKCHAIN TECHNOLOGY 21

188. “Instead of generating revenues through


customers’ payments for content and ser-
vices, these platforms rely on income

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through data and targeted advertise-
ments.” This statement is referring to
A. Blockchain solutions
B. Growth hacking tools A. Haiti
C. Email marketing platforms B. NIgeria

D. Social media C. Russia


D. Venzuela
189. What is the meaning of “Crypto”?
193. What is the role of a soft cap in an initial
coin offering (ICO)?
A. To set a minimum amount of cryptocur-
rency that must be sold in order for the
project to proceed
B. To create new cryptocurrency
C. To manage the network infrastructure
A. Something that is hidden or concealed. D. To develop new consensus mecha-
nisms
B. A type of grave where someone is
buried. 194. The transaction Merkle Tree root value in
a Bitcoin block is calculated using
C. Software
A. number of transactions
D. Hardware
B. previous block’s hash
190. Some real applications of Blockchain are C. none
D. hash of transactions
A. DAO
195. Bitcoin blockchain implemented a soft
B. NFTs fork to realize a
C. SMART CONTRACTs A. P2SH Peer-to-Shell feature
D. All answers are correct B. P2SH conditional payment script fea-
ture
191. What is meant by smart contracts?
C. P2SH conditional payment script fea-
A. An automatic program in the ture
blockchain system that will run when
D. P2SH payer gossip feature
transaction conditions have been met
B. An automatic program in the 196. What does encryption do in the network?
blockchain system that will run when A. Gives hackers access to the data
transaction conditions have not been met B. Secures and verifies all the data
192. Where was Bitcoin used to purchase C. None of the above
items during an economic crisis? D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 22

197. What is a hash in Blockchain technology? 203. What is the definition of “FIAT”?
A. A digital fingerprint of a block
B. A type of cryptocurrency
C. A database table
D. A type of consensus mechanism

198. Databases provide greater fault-


tolerance than public Blockchain networks.

NARAYAN CHANGDER
A. Bitcoins
A. TRUE
B. Cyrptocurrency
B. FALSE
C. Government-issued currency, such as
199. The advantage of metasearch engine the US dollar.
is
D. None of the Above
A. Search for the information needed
B. Search for information from several 204. What is the hash rate?
search engines simultaneously A. Measure of the total energy spent by
C. Managed by humans miners on Proof of Work
D. Has its own database B. Measure of the total hash rate pro-
duced by miners on Proof of Work
200. Bitcoin was launched in
C. Measure of the total miners that are
A. 2018 included to find a hash value
B. 2015 D. none of above
C. 2011
205. Employs public key encryption to share a
D. 2009 key for symmetric encryption. The mes-
201. What do Distributed Ledger Technologies sage that is being sent at the moment is
enable in an Economy of Things? encrypted using the key and sent to the
recipient. Since sharing a symmetric key
A. Intersectoral value creating networks is not secure, the key used is different for
B. Centralized transactions each session.
C. Decreased transaction rate A. Asymmetric cryptography
D. Vulnerability to attacks B. Hybrid Cryptography
202. Blockchain application vs. dapp C. Symmetric cryptography
A. dApps run on their own blockchain/sidechain D. Quantum cryptography

206. Which algorithm is best for testing and


B. dApps are sharing the blockchain net- development?
work with other dApps
A. Proof of Authority
C. Blockchain application are sharing the
blockchain network with other dApps B. Proof of Work

D. Blockchain application & DApp are the C. Proof of Stake


same D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 23

207. First Bank to Accept Bitcoin for Charitable


Donations?

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A. Royal Bank of Scotland (RBS)
B. HSBC
C. Barclays
D. Bitcoin World Bank A. Optimization of industrial and logistics
activities
208. What does Smart Contract or Smart Con- B. Optimization of logical systems and
tract mean? key activities
A. Agreements are recorded on the C. Blockchain optimization in foreign pro-
blockchain and cannot be changed. cesses and activities
B. Smart Contracts can be developed D. Optimization of operations and logis-
with code or programming language on tics processes
the blockchain.
212. How a bank transaction could fail?
C. Written in Solidity on Ethereum A. Bad weather
D. All correct. B. Transfer limits
C. Account Hacked
209. The reason a block cannot be altered once
it has been added to the blockchain is be- D. It’s a public holiday
cause of which following reasons. (Select
all that apply) 213. How did the integration of Merkle trees
enhance the blockchain system?
A. The use of cryptographic hashes
A. It made the blocks smaller in size
B. The mining prevents duplication of B. It made the blockchain less secure.
nonces
C. It improved efficiency by allowing
C. The transaction pool doesn’t allow it more documents in a block.
D. The link of one block header to the D. It allowed tampering with timestamps.
next.
214. The fungible tokens are:
210. When a transaction has been confirmed, A. Unique and non-interchangeable
it means it has been approved by the net- B. Interconnected with various
work and permanently appended to the blockchains
blockchain.
C. Interchangeable digital tokens with
A. Block equal value
B. Confirmed D. Used only in video games
C. Circulating Supply 215. How can blockchain technology be used
D. Address to prove ownership of intellectual prop-
erty?
211. What is Logistics 4.0? A. By reducing fraud

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1.1 BLOCKCHAIN TECHNOLOGY 24

B. By providing transparency large number of people should beable to


C. By automating royalty payments consume that data.

D. By acting as a digital notary A. TRUE


B. FALSE
216. receive verify, gather and execute
transactions. 221. Can Blockchain be considered a backup for
A. Miner nodes Bitcoin?

NARAYAN CHANGDER
B. Smart Contracts A. FALSE
C. Light wallets B. TRUE
D. Ethereum full nodes
222. One of the weaknesses of the Internet of
217. An IoT requirement based on the user’s Things
choice of intuitive devices
A. harm to human health
A. Cost of devices
B. complete independence of the system
B. Simplicity from energy resources
C. Scaling C. Difficulty using devices
D. Energy efficiency
D. fear of hacking attacks
E. Conductivity
223. What are the main characteristics of a
218. Which of the following is correct? public blockchain?
A. Blockchain contains transaction data, A. decentralization, opacity, mutability,
so, it’s a replacement for databases. and insecurity
B. Blockchain contains transaction data,
B. decentralization, transparency, im-
it’s not a replacement for databases.
mutability, and security
C. Blockchain replaces databases, mes-
C. centralization, transparency, mutabil-
saging technology, transaction process-
ity, and insecurity
ing and business processes.
D. Blockchain and databases are exactly D. centralization, opacity, mutability, and
the same. insecurity

219. A conceptualization of space where 224. development of high-speed and protected


things from the analog and digital worlds infrastructure of data transmission, stor-
come together age and processing throughout the terri-
tory
A. A chain of blocks
B. Internet of Things A. Digitization of economic sectors

C. Big data B. Transition to the digital state

D. Neural networks C. Implementation of the Digital Silk


Road
220. A private / open Blockchain would be a
D. Development of human capital
good choice for situations where only afew
people should be able to write data, but a E. Creating an innovative ecosystem

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1.1 BLOCKCHAIN TECHNOLOGY 25

225. What is a transaction fee? 230. Which is not a benefit of Decentraliza-


A. Block reward tion?

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B. Fee for every transaction for miners af- A. High privacy Because there is no need
ter creating block to go through a middleman first.
C. Fees that miners give to transaction B. Executive power has been reduced.
owners after creating block
C. The system will not crash or be difficult
D. none of above to crash.
226. what is the 1st scenario of the future of D. There is transparency of information.
blockchain Because everyone can access informa-
tion.
A. scenario imagines technocratic
sovereignty
231. What is a smart contract?
B. , corporations like Google or Facebook
would change their model to also start dis- A. A legally binding agreement that ha to
tributing to their users be executed manually

C. each individual would become an en- B. A type of computer virus


trepreneur on his own, in competition with C. A legally binding agreement that is
all the others executed automatically by the blockchain
D. none of above network

227. Which blockchain network was the first D. A centralized digital ledger
to introduce the concept of smart con-
tracts? 232. What are mining pools in Bitcoin?

A. Bitcoin A. Pools where Bitcoin can be traded


B. Ethereum B. Pools where Bitcoin can be mined col-
C. Ripple laboratively

D. Litecoin C. Swimming pools for Bitcoin miners


D. None of the above
228. Privacy-oriented cryptocurrency among
the following is
233. What is the difference between permis-
A. Bitcoin sioned and permissionless Blockchains?
B. Ethereum A. Permissioned Blockchains are closed
C. Monera to certain users, while permissionless
D. Dogecoin Blockchains are open to anyone
B. Permissioned Blockchains are faster
229. The concept of block chain was first ap- than permissionless Blockchains
plied as part of Bitcoin in the year
C. Permissionless Blockchains are more
A. 2008
secure than permissioned Blockchains
B. 2009
D. Permissioned Blockchains are
C. 2007 more transparent than permissionless
D. none of above Blockchains

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1.1 BLOCKCHAIN TECHNOLOGY 26

234. Because of blockchain, cryptocurrencies 239. What is a consensus mechanism in


blockchain?
A. are free A. A tool used to validate transactions
B. are immune to counterfeiting and add them to the blockchain
C. don’t require a central authority B. A type of encryption used to protect
sensitive data
D. are protected by strong and complex
encryption algorithms C. A set of rules used to determine how

NARAYAN CHANGDER
transactions are verified and added to the
235. What differentiates a centralized from a blockchain
non-centralized exchange?
D. None of the above
A. DeEx require third-party supervision
B. CeEx do not rely on a counterparty han- 240. What is a block in a blockchain?
dling the transaction A. A type of financial transaction
C. There are no differences B. A type of computer code
D. DeEx do not rely on a counterparty han-
C. A type of digital currency
dling the transaction
D. A block of data
236. Which of the following are true regarding
ethereum? 241. What type of assets can be recorded and
A. An open source decentralized platform transacted using a distributed ledger?
B. which is based on blockchain technol- A. Government-regulated assets
ogy B. Tangible and intangible assets
C. it runs smartcontracts C. Digital currencies only
D. All the above are true
D. Physical properties only
237. What is Bitcoin?
242. Which of these is used in bulk to more
quickly mine cryptocurrency?
A. CPU
B. GPU
A. A digital currency C. Motherboard
B. A physical currency D. Router
C. A hybrid currency
243. Which of the following Blockchain tech-
D. None of the above nologies is preferred by consortiums with
238. What type of blockchain allows everyone trusted members who trade sensitive in-
to view and access the data? formation?

A. Public blockchain A. Hybrid Blockchains


B. Private blockchain B. Public Blockchains
C. Hybrid blockchain C. Private Blockchains
D. Decentralized blockchain D. Permissioned Blockchains

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1.1 BLOCKCHAIN TECHNOLOGY 27

244. How are new bitcoins generated? D. A public address for receiving cryp-
A. Bitcoin miners process transactions tocurrencies

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and collect new bitcoins in exchange 249. How do blockchains function like
B. Bitcoin platforms release new bitcoins ledgers?
C. Bitcoin miners create new bitcoin in A. They hold a record of all transactions
the software called blockchain that have ever occurred on a network.
D. none of above B. They hold vast amounts of transaction
data as a centralized database.
245. The five elements of blockchain are distri-
bution, encryption, immutability, tokeniza- C. They periodically update all balances
tion and: of each wallet to the blockchain.
A. Transparency D. none of above
B. Authporization 250. Being a service provider, being a broker
C. Efficiency or agent To buy, sell or exchange digital
assets (Crypto/Token) to others is a nor-
D. Decentralization mal way of trading. The order may be sent
246. An increase in the amount of money in a to a digital asset trading center or digital
bank account without a transfer process, asset trader. What does it mean?
including violations of Information Secu- A. Digital asset broker (Broker)
rity aspects, namely:
B. Digital Asset Trading Center (Ex-
A. Integrity change)
B. Confidentiality C. Investors
C. Privacy D. smart contract
D. Availability
251. Bitcoins are created when a computer
247. Which of the following statements about
Bitcoin are true? A. solves an algorithm
A. It is a decentralized currency B. sells dollars
B. They are stored by the user in a digital C. adds a node to the crypto
device
D. none of above
C. There is no limit to the issuance of bit-
coins on the market 252. Blockchain technology must balance de-
centralization, scalability and security to
D. They are not subject to inflation
function effectively
248. What is a “cold wallet” in the context of A. True
blockchain?
B. False
A. A hardware wallet used to store cryp-
tocurrencies offline 253. Which of the applications below adopts
B. A digital wallet accessible only during web 3.0 technology?
cold weather conditions A. AirBnB
C. A wallet with no transaction history B. YouTube

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1.1 BLOCKCHAIN TECHNOLOGY 28

C. Netflix 259. A block also contains hash of the


D. OpenSea
254. Public key is a
A. Unique identifier in network
B. used for transactions
C. used to decrypt the data

NARAYAN CHANGDER
D. All of the above
255. Trust in is the ability to handle natu- A. block before it.
ral exceptional situations such as a chain
split and double spending. B. block after it.
A. Smart Contract C. block above it.
B. mining D. block below it.
C. robustness
260. Encryption heavily relies upon an algo-
D. Proof of Work rithm to make original information read-
256. What are miners in a blockchain? able.

A. The Computers that validate and pro- A. True


cess blockchain transactions and solves B. False
the cryptographic puzzle to add new block
B. The person who receives the money as 261. They are the most requested when build-
a receiver of transaction ing shared solutions for governments, com-
panies, and associations. In general, they
C. The person who initiates the transac-
are not open to public participation, but
tion and broadcast the details to all the
rather a certain number of organizations,
other nodes after verification
entities or companies are responsible for
D. None of the Given managing the network together and main-
taining synchronized copies of the reg-
257. Various communication channels for re-
istry.
mote transmission of information about
the condition of the equipment installed in A. Blockchain públicas
the house or apartment B. Blockchain federadas
A. Controller(processor)
C. Blockchain privadas
B. Sensors
D. Blockchain híbridas
C. Information distribution devices
D. Interfaces 262. What is one application of blockchain
technology in the energy sector?
E. Executive devices
A. Peer-to-peer energy trading
258. Passwords and keys are used to decrypt
encrypted information. B. Digital notary services
A. True C. Tokenization of assets
B. False D. Smart contracts

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1.1 BLOCKCHAIN TECHNOLOGY 29

263. Following items are transaction handler 268. Ethereum Classic y Bitcoin Cash son ejem-
types, except plos de

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A. Error handler A. Soft Fork
B. Before handler
B. Hard Fork
C. After trade
D. Unknown handler 269. What are the 3 key points to protect
yourself from Ransomware
264. Despite the potentials of Blockchain
Technology, why are there still risk in A. Periodically update Antivirus and Oper-
Blockchain? (More than 1 answer) ating System
A. Hackers can still hack your computing B. Make a backup of your data
power with malware.
C. Contact a company that deals with IT
B. Inability to recognise legitimate cryp-
security
tocurrencies versus scams.
C. Blockchains are disrupting business D. Pay the ransom to get your data back
models and reducing revenue.
E. Replace the Hard Disk with a new one
D. Speculation of investments in bitcoin,
ether and many other coins poses un- 270. 1 Bitcoin = How many Satoshi?
settlement in the blockchain space.
A. 100000000
265. Which of the following is NOT a com-
mon evaluation metric used for classifica- B. 100000
tion models? a) Accuracy C. 1000000
A. Accuracy
D. 100
B. Mean Squared Error
C. Precision 271. What is a ledger?
D. Recall
A. A type of computer software
266. What is a private Blockchain?
B. A group of records of transactions
A. A Blockchain network that is open to
anyone C. A type of digital currency
B. A Blockchain network that is closed to D. A type of financial institution
certain users
C. A type of cryptocurrency 272. Which of the following is a potential ap-
plication of blockchain in the automotive
D. A type of computer program
industry?
267. The following are the keywords of
A. Managing restaurant reservations
Blockchain, except
A. Distributed database (decentralized) B. Ensuring secure and transparent vehi-
cle history reports
B. Permanent data recording
C. Temporal data recording C. Hosting music festivals
D. Transparency through encryption D. Predicting stock market trends

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1.1 BLOCKCHAIN TECHNOLOGY 30

273. What are the properties of cryptocur- 279. Blockchain implements the following net-
rency? (Choose 3) work architecture
A. Decentralized network A. CENTRALISED
B. No physical form B. DECENTRALISED
C. Distributed ledger technology
C. DISTRIBUTED [p2p]
D. No intrinsic value
D. Partially centralised
E. Not controlled by any government or

NARAYAN CHANGDER
central bank 280. Validation, verification, immutable
274. Which of the following is NOT a potential recording and lead to trust and se-
use case for Blockchain technology? curity.

A. Supply chain management A. Coins


B. Healthcare records management B. Algorithms
C. Social media C. Tokens
D. Financial services D. Consensus
275. WHAT IS HYPERLEGDER FABRIC?
281. It is a candle with a short body but a tail
A. A that is almost twice as long as the body.
B. B The shape is similar to a hammer with its
C. C head turned upwards, which refers to the
shape of the candlestick for trend analy-
D. D sis?
276. Choose private blockchain examples A. Hammer
A. Stellar B. Bullish Engulfing
B. Ethereum
C. Invert Hammett
C. Ripple
D. Bullish Doji
D. Traxate
E. Bitcoin 282. Blockchain technology is being applied in
education
277. Message signing will be done using
A. Senders Public key
B. Senders Private key
C. Receivers Public key
D. Senders Private Key
278. First Block Of BLOCKCKAIN
A. Yes, in Asian countries
A. BLOCK CHAIN
B. GENESIS B. Yes, in Latin America
C. both C. No, it is in the pilot stage
D. none D. Yes, in European countries

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1.1 BLOCKCHAIN TECHNOLOGY 31

283. How are files on IPFS addressed? C. Host virtual cooking classes
A. Location of the file on some node in the D. Offer fitness and wellness advice

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IPFS
289. Smart Contract characteristics do not in-
B. Universally unique hash
clude?
C. Location on the immutable ledger
A. Alterable
D. Location of the file on some server
B. Fast and cost-effective
284. Which items were needed to fund your C. A high degree of accuracy
wallet with testnet Bitcoins?
D. Transparency
A. Mnemonic phrase
B. Public key 290. What are the 3 main points if a business
wants to use BLOCKCHAIN?
C. BIP39 generated address
A. Money, Contacts, Transparency
D. Amount
B. Trust, information that needs to be
285. What is a private key in blockchain? recorded, Contact information
A. A unique identifier used to access and C. Need credibility, transparency, and
control cryptocurrency on the chain cannot be edited.
B. A code used to encrypt data on the D. Computers, Transparency, Investment
chain
C. A type of encryption used to protect 291. What is blockchain technology primarily
sensitive data known for?

D. None of the above A. Decentralized cloud storage


B. Secure and transparent record-
286. Each block contains a , a reference to keeping
the previous block’s and a group of
C. Real-time video streaming
A. Puzzle, hash, transactions
D. Cryptocurrency mining
B. Header, hash, chains
C. Puzzle, hash, chains 292. The main direction of digitization in
Kazakhstan and their tasks
D. Header, hash, transactions
A. 5
287. Bitcoin is:
B. 6
A. a simple coin
C. 4
B. A payment network
D. 3
C. A currency like the dollar
D. An electronic currency 293. What type of crypto asset is Tokocrypto
Token (TKO)?
288. Blockchain can be used in the fashion in-
A. Currency Coin
dustry to:
B. Utility Token
A. Predict stock market trends
B. Verify the authenticity of luxury goods C. Security Token
and track their supply chain D. Stable Coin

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1.1 BLOCKCHAIN TECHNOLOGY 32

294. What is a block on a blockchain? 297. Anything that is once entered into the
A. An individual transaction blockchain network cannot be tampered
with, i.e. cannot be altered or deleted.
B. A set of grouped transactions
A. Immutability
C. A smart contract
B. Decentralisation
D. An encryption key C. Source of trust
Explanation:A block in a blockchain is a
data structure that contains a SET OF ver- D. none of above

NARAYAN CHANGDER
ified and validated TRANSACTIONS. It is a 298. What type of Cryptocurrency coin is a
fundamental unit of storing and recording group of coins whose stable value is used
information on the blockchain. as a reference to the value of the asset
(Fial currency)?
295. What is a Smart Contract?
A. Smart Contract(ETH, ADA, SOL)
A. It is an agreement between two peo-
ple or entities in the form of computer B. Stablecoin(USDT, USDC, BUSD)
code programmed to execute automati- C. Value Transfer (CHP, KLM, Velo)
cally. D. store of value (BTC, LTC, BCH)
B. It is an agreement between two or
299. Blockchain technology requires the pres-
more people on a centralized distributed
ence of a trusted third party or central au-
network.
thority.
C. It is an agreement between entities
A. True
only without any anonymity and totally
centralized B. False

D. It is an agreement between entities 300. is a transfer of value between two


and people that seeks transparency and or more parties.
centralization of processes A. Transactions
296. What are the actors participating in this B. Nodes
procedure? C. Blocks
D. Mining
301. What is a block in a blockchain?
A. A chain of cryptographic keys
B. A collection of encrypted transactions
C. A decentralized consensus algorithm
D. A digital record of transactions
302. The cryptocurrency debit card that is be-
ing used in USA is
A. customs authorities A. Bitpay
B. All of the above B. Venmo
C. Ports C. Paypal
D. Customers D. Cash app

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1.1 BLOCKCHAIN TECHNOLOGY 33

303. Computer that requests for data D. Cryptic smart contract


A. Client E. Digital technology

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B. Server 309. Private key can be generated from public
304. Other names for Informal Blockchain: key

A. Official A. True

B. Public B. False

C. Personal 310. How many important parts will there be


in 1 block?
D. Different
A. 3 parts HASH, BLOCK, connection
305. Proof of work is
B. 3 parts:data to be recorded, HASH, Al-
A. the function of mining gorithm
B. the function of non-miners C. 3 parts:information to be recorded,
C. the amount of electricity used connection, COMPUTER
D. another term for proof of stake D. 3 parts:Data to be recorded, HASH,
connection
306. What is the main advantage of a
Blockchain 311. What algorithm does the Bitcoin
blockchain use?
A. Data is written efficiently, saving
space occupied by bytes A. Dissatisfied
B. It is easy to create your own B. PLA196
blockchain even without technical knowl- C. CB2187
edge
D. THX1138
C. Data is virtually impossible to corrupt
(under certain conditions) 312. This refers to crypto storage that uses
online software to protect private keys to
D. I don’t need a username and password
our assets
to access my data
A. Hardware store wallet
307. The Algorithm for consensus in the Bitcoin
B. Hot storage wallet
blockchain is called protocol.
C. Cold storage wallet
A. Proof of elapsed time
D. Hash table
B. Proof of work
C. Proof of worth 313. What is immutability?
D. Proof of stake A. Running without the concept of “hu-
man trust”
308. The correct definition of blockchain is the B. Majority of the nodes need to come to
following, except a consensus
A. Decentralized/ Distributed database C. Data in a block in a blockchain cannot
B. Digital public ledger be tampered with
C. Platform for applications develop- D. Peer to peer digital ledger of transac-
ments tions

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1.1 BLOCKCHAIN TECHNOLOGY 34

314. By default, Smart Contracts cannot ac- 319. Bootstrapping the new software to the
cess data outside the Blockchain. already running processes is known as
A. TRUE A. Soft Forks
B. FALSE B. Hashing
C. Hard Forks
315. What type of tasks are suitable for dis-
tributed computing? D. Scripting

NARAYAN CHANGDER
A. Synchronous tasks 320. What is a Smart Contract?
B. Sequential tasks A. Contract written on paper
C. Parallelizable tasks B. Code with rules in the Ethereum net-
work
D. Serial tasks
321. What did Stuart Haber and W. Scott
316. What are the advantages of using a
Stornetta create in their early work on
decentralized exchange (DEX) to trade
blockchain?
crypto assets?
A. Cryptographically secured chain of
A. They offer a higher level of security blocks
B. They do not require users to provide B. A social media platform
personal information
C. A virtual reality system
C. They offer a wider range of trading
pairs D. A time-traveling device

D. All answers are correct 322. Using biometric services such as DID im-
plies:
317. The following are company programs to
A. Identify people using physical traits in
increase the Digital Readiness Level of Pe-
a centralized network
ruri employees, except:
B. Using biometric data as a form of de-
A. PERURI DIGITAL ACADEMY
centralized identity
B. PERURI DIGITAL MARKETING C. Create biometric devices for health
C. COMMUNITY OF PRACTICE D. Store biometric data in the cloud
D. PRIFA HUB
323. What is DAG with reference to IPFS?
318. Which of the following is a disadvantage A. Directed Acylic Graph of all the
of using a public blockchain? files/object in the IPFS
A. It is less secure than a private B. Deamon Address Generation
blockchain
C. Directory of Addressed Graph
B. It is more expensive than a private D. none of above
blockchain
C. It is less transparent than a private 324. Who can contribute to the Bitcoin Proto-
blockchain col?

D. It is less scalable than a private A. Satoshi Nakomo and


blockchain B. World Bank

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1.1 BLOCKCHAIN TECHNOLOGY 35

C. Gavin Andresen 331. What is a key characteristic of a public


D. Anyone can contribute blockchain?

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A. Allowing a user to elect nodes to pro-
325. It is the consensus through which each of cess transactions
the transactions is validated and included
B. Allowing anyone to participate in the
in the distributed ledger of the blockchain.
blockchain network
A. Proof of Work (PoW)
C. Allowing control over who can partici-
B. Proof of Stake (PoS) pate and at what level
C. Mempool D. Allowing only trusted parties to oper-
D. Smart contract ate their blockchain

326. What is the legality of Crypto in Indone- 332. What is meant by the concept of decen-
sia? tralization in web 3.0?

A. Legal in Indonesia as an As- A. A system that allows each server to


set/Commodity be connected to each other and have the
same role as each other
B. Legal in Indonesia as a Payment Tool
B. A system that has central authority in
327. ABI means Application Boolean Interface. regulating all activities and transactions
A. True 333. Which of the following is true about
B. False blockchain technology?
A. It has no impact on the accounting sec-
328. is used to get required hash tor
A. Difficulty level B. It is only applicable in the financial
B. Merkle Tree tech industry
C. Nonce C. It is designed for secure, decen-
tralised, and transparent record keeping
D. Previous BLock Hash
D. It is primarily used for social media
329. In blockchain terminology, what is a management
“smart contract”?
334. Examples of intermediaries. Choose
A. A legally binding agreement more than one.
B. Self-executing code with predefined A. Notaries
rules
B. Banks
C. An encrypted message
C. Accountants
D. A centralized database
D. Blockchain
330. DLT stands for
335. A computer program that utilizes a
A. Distributed Ledger Technology blockchain for data storage, runs au-
B. Decentralised Ledger Timing tonomously, is not controlled or operated
from a single entitiy, is open source and
C. Decentralised Lost Trust has its use incentivized by the reward of
D. none of above fees or tokens.

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1.1 BLOCKCHAIN TECHNOLOGY 36

A. Bitcoin C. Coindcx
B. Blockchain D. Facebook
C. Cryptocurrency
341. What is the term used for the secure dis-
D. Decentralized Application tributed records in the blockchain?
336. What a block must contain? (Choose 3) A. Encrypted files
A. Previous hash B. Centralized registries

NARAYAN CHANGDER
B. Current hash C. Shared databases
C. Next hash D. Distributed ledgers
D. transactions 342. What was the first application of
E. nonce blockchain technology?

337. Double spending refers to A. Online payment system

A. spending double B. Smart contracts


B. getting cryptos C. Hyperledger
C. encyption of datas D. Decentralized system
D. faking a single transaction multiple 343. The blockchain is made up of these and
times each one holds a historical database of all
cryptocurrency transactions made until it’s
338. What is the purpose of a hard cap in an
full. It’s a permanent record, like a bag of
initial coin offering (ICO)?
data that can be opened and viewed at any
A. To limit the amount of cryptocurrency time.
that can be created
A. Bitcoin
B. To create new cryptocurrency
B. Blockchain
C. To manage the network infrastructure
C. Block
D. To develop new consensus mecha-
nisms D. Address

339. Which one of the following is True? 344. Which were the objectives for Blockchain
day 3?
A. A. Blockchain facilitates peer-to-peer
transfer A. Explain the most popular consensus al-
gorithms and the tradeoffs between each.
B. B. Blockchain is a decentralized net-
work B. Build a blockchain network and pro-
duce blocks.
C. C. Blockchain supports virtual assets
C. Build a “proof of stake” network.
D. All A, B and C
D. Initialize geth nodes using a gene-
340. Which of the following is a popular sis.json.
marketplace for buying and selling non-
fungible tokens (NFTs)? 345. Blockchain is a centralized network.
A. OpenSea A. True
B. Amazon B. False

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1.1 BLOCKCHAIN TECHNOLOGY 37

346. Who adds a block to the chain? A. A secret code used to access cryp-
tocurrency

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B. A type of cryptocurrency
C. A database table
D. A computer program

351. A hardware wallet would be considered:


A. miner
A. A hot wallet
B. Node
B. A cold wallet
C. Block Validator
D. None 352. Hash pointer comprised of
A. Pointer to the location where some in-
347. What are the constraints given in the
formation is stored
problem statement for copyrighting the
Lyrics? B. Cryptographic Hash of the information
stored at the location
A. Be insensitive to spaces & special char-
acters C. Actual Data
B. Treat numbers written as digits or D. None of the Given
words as identical
353. blockchain creation date
C. Insensitive to case
D. All of above A. 2011
B. 2008
348. What are some examples of specialized
crypto asset exchange services that can be C. 1998
used to convert one crypto asset into an- D. 1990
other?
A. Coinbase dan Gate.io 354. What else is the official Blockchain
called?
B. PancakeSwap, Uniswap, and
SushiSwap A. informal
C. MexC and AAG B. public
D. Both a and b C. private

349. On what date does the first blockchain go D. different


live?
355. If the sender does not provide the neces-
A. January 3, 2009 sary gas to execute the transaction, then
B. January 3, 2019 it is called
C. January 12, 2009 A. Out of gas
D. January 12, 2019 B. Transaction will execute
C. Wont starts the execution
350. What is a private key in Blockchain tech-
nology? D. None of these

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1.1 BLOCKCHAIN TECHNOLOGY 38

356. What is a token in blockchain technol- A. SHA-256


ogy?
B. Hash de Merkle
A. A type of poker chip used to gamble on
the blockchain C. Mempool

B. A cryptocurrency that is created and D. Solidity


managed on the blockchain network
362. Features of Blockchain (Blockchain)
C. A type of cookie
A. Transparency

NARAYAN CHANGDER
D. A centralized digital ledger
B. safety
357. What is a node in a Blockchain network?
C. access
A. A computer connected to the network
D. All correct.
B. A type of cryptocurrency
C. A database table 363. reconstruction of the infrastructure of the
D. A type of computer program state to provide services, anticipating the
demand of the population and business
358. Hyperleger functions include
A. Digitization of economic sectors
A. Peers, Assets and Channels
B. Transition to the digital state
B. Identity, Consensus and Assets
C. Implementation of the Digital Silk
C. Identity, Consensus and Channels
Road
D. Identity, Consensus, Membership
D. Development of human capital
359. How does blockchain technology help E. Creating an innovative ecosystem
with online privacy?
A. It increases the risk of data breaches 364. What is the key characteristic of
blockchain technology that eliminates the
B. It allows browsing the Internet anony-
need for a central authority or intermedi-
mously
ary?
C. It eliminates digital privacy completely
A. Decentralization
D. It collects and uses personal data for
targeted ads B. Security

360. Digital cold wallets require an internet C. Transparency


connection D. Immutability
A. TRUE
365. Financial technology related to taxation
B. FALSE is included in
361. It is one of the most important crypto- A. Insurtech
graphic functions in Bitcoin programming,
B. Investech
this hash function is responsible for main-
taining Bitcoin’s Proof of Work mecha- C. Legaltech
nisms. But it is also used in address gener-
D. Lending fintech
ation mechanisms, as well as transaction
and block identifiers. E. Payment fintech

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1.1 BLOCKCHAIN TECHNOLOGY 39

366. Which of the following is a valid hash to 371. Who validates Bitcoin transactions?
add in a block? A. Only miners

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B. Only full nodes
C. Both miners and full nodes
D. A subset of miners
372. What differentiates cryptocurrency coins
from tokens is:
A. Operates on its own blockchain
B. Operates on other own blockchain
373. What best defines Web3?
A. 010 with font 4asdf A. Technology based on blockchain and
B. 001234edac56ca decentralization
C. 10f3456ca98765ef B. Internet searches
D. 0000e4562d78402 C. e-commerce

367. How does ransomware appear on your D. Discussion forums


PC? 374. What is the immediate benefit of using
A. It automatically sends itself to all blockchain for certifying and selling renew-
email addresses able energy certificates?
B. Digit and give A. Higher market prices for green energy
C. Lock your hard drive with a password certificates

D. none of above B. Guaranteed profit for energy compa-


nies
368. Blockchain model works on C. Increased government subsidies for
A. Distributed, Peer-to-Peer renewable energy
B. Decentralized, Peer-to-Peer D. Reduced paperwork and administra-
C. Centralized, Client-Server tive delays
D. Decentralized, Client-Server 375. What is meant by a bullish trend on a can-
dlestick chart?
369. The following are examples of IoT equip-
ment, except A. Increase in asset value over time
A. Nest Smart Thermostat B. Decrease in asset value over time
B. August Smart Lock C. Stable price for an asset
C. Automatic Car Tracking Adapter D. Random changes in asset value
D. The Next V 376. What does a Block consists of?
370. The digital signature is not required to A. Transaction data
prove that the transaction is authentic. B. Hash
A. True C. Prev Hash
B. False D. All of these

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1.1 BLOCKCHAIN TECHNOLOGY 40

377. Drones are also called? 383. Blockchain is a centralized technology?


A. Unmanned Aerial Vehicles (UAVs) A. True
B. Unmanned Aerial Systems (UAS) B. False
C. Remotely Piloted Aircraft System
(RPAS) 384. Blockchain is a promising tool to store in-
formation because is:
D. All the above
A. Immutable
378. Hyperledger Fabric allow for pluggable

NARAYAN CHANGDER
consensus algorithms. True or False? B. Easy to use
A. True C. A green technology to protect environ-
ment
B. False
D. All answers are correct
379. Blockchain was
A. used when the digital cryptocurrency 385. How does the proof of work solving the
Bitcoin was created mathematical algorithm problem?
B. created to assist people in getting A. through public and private key encryp-
coins the size of a bit tion
C. only used for golden coins. B. computation for right nonce value to
D. none of above form hash value less than target
C. through consensus validation with
380. Where is the bitcoin central server lo-
more than 50% of nodes approving the
cated?
transaction
A. none of the below
D. None of above
B. Washington DC
C. Tokyo 386. Which of the following is not a blockchain
type?
D. London
A. Public
381. What is the main problem with cryptocur-
rencies? B. Consortium
A. High inflation C. Private
B. High price volatility D. Hybrid
C. Lack of security
387. Advantages and Differences between
D. No availability Blockchain and a regular Database?
(Choose 2 Answers)
382. In Practical Byzantine Fault Tolerant sys-
tem, if the number of nodes increases then A. There are no working hours, always
system security open 24/7.
A. Increases B. Difficult transactions and expensive
B. Decreases fees.
C. Is independent from the number of C. No need to connect to the Internet.
nodes D. Transaction fees are low and can be
D. Can’t Say applied by the user.

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1.1 BLOCKCHAIN TECHNOLOGY 41

388. What blockchain database stores? A. Blockchain


A. Information about transactions B. Blockchain technology

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B. Unique digital signatures C. None of these
C. Unique code call Hash D. none of above
D. Distributed ledger 394. Digital signing of a transaction involves,
E. All of the above hashing the content of the document and
then
389. Security Tokens have no intrinsic value
A. Encrypting it with nance
A. TRUE
B. Rehashing it
B. Falso
C. Encrypting it with public key
390. What is the expected blockchain market D. Encrypting it with private key
by 2030?
395. How does Blockchain achieve high avail-
A. US $39.1 Trillion
ability?
B. US $30.1 Trillion A. Complex Protocol
C. US $11 Trillion B. Decentralization
D. US $3.1 Trillion C. Nodes never go down(offline)
391. It looks similar to the + sign because it D. Implemented on the internet
has a narrow body. But it has a tail that
is quite long on both the top and bottom. 396. The total number of coins in a cryptocur-
And the closing price is slightly higher than rency that are in the publicly tradable
the opening price, so it is a green bar, space. Some coins can be locked, reserved
meaning the shape of the candlestick to an- or burned, therefore unavailable to public
alyze the trend. Which one? trading.

A. Hammer A. Confirmed

B. Bullish Engulfing B. Blockchain

C. Invert Hammett C. Circulating Supply

D. Bullish Doji D. Decentralized Application

397. A blockchain is a?
392. What do Distributed Ledger Technologies
ensure in an Economy of Things?
A. Decreased transaction rate
B. Trust, fairness, and participation in the
decision-making process
C. Vulnerability to attacks
D. Centralized transactions A. Spreadsheet
B. database
393. is a way of keeping track of things
that happen, like money or information, in C. Ledger
a special kind of way. D. table

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1.1 BLOCKCHAIN TECHNOLOGY 42

398. What is a private key? 403. What is the main purpose of a blockchain
system?
A. A third-party website or online service
that allows people to buy, sell, and store A. To limit access to the ledger to a select
their cryptocurrencies or convert them few
back into traditional money. B. To provide a secure and transparent
B. A currency issued, managed and con- way of recording transactions
trolled by a government. C. To ensure that no one can access the

NARAYAN CHANGDER
C. A code that ensures that the cryp- ledger
tocurrency owners have access to their D. To control all the data in a centralized
cryptocurrency and can complete transac- manner
tions.
404. How is the data stored on a blockchain?
D. A tracking system that records all of
the transactions. A. In a central database
B. In a decentralized network of nodes
399. Blockchain can be utilized to establish
provenance in which industry? C. In a cloud-based storage system
A. Film production D. None of the above
B. Fine art 405. Which algorithm has a good balance of
C. Aerospace engineering decentralization and lower computational
cost?
D. Fast food chains
A. Proof of Authority
400. This person invented Bitcoin. B. Proof of Work
A. car and takata C. Proof of Stake
B. Maz Kanata D. none of above
C. Satoshi Nakamoto 406. Blockchain can perform user transactions
D. Motorola hu A is without involving any third-party interme-
diaries.
401. What is the main purpose of an ICO?
A. True
A. Believe in a project
B. False
B. Finance a project
407. Which of the following will be a stage
C. Financiar Blockchain one anomaly in 2021?
D. Monetize Cryptos A. MyloBot
402. What are some limitations and challenges B. Mining Pool
of blockchain technology? C. Discover Using Socks Agent
A. Scalability D. Win.Trojan.AllAple
B. Energy consumption
408. What is a “smart contract”?
C. Regulatory concerns
A. A computer program that runs inside
D. All of the above the blockchain

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1.1 BLOCKCHAIN TECHNOLOGY 43

B. A legal contract made with an elec- 413. In blockchain, what is a “token”?


tronic device A. A digital representation of a physical

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C. A programming interface made using item on the blockchain
some clever design patterns B. The unique identifier of a user in a
D. A programming language blockchain network
C. A cryptographic key used to secure a
409. Modern Blockchain Technology was first blockchain transaction
introduced by? and in Year?
D. A unit of value or utility issued on a
A. Satoshi Nakamoto in 1991. blockchain
B. Stuart Haber in 1890 414. What is the purpose of a second layer
C. Stuart Haber and W. Scott Stornetta in mechanism in DLT for framework con-
1991. tracts?
D. Stuart Haber and W. Scott Stornetta in A. To make the network vulnerable to at-
2009. tacks
B. To increase the transaction rate
410. What does the block in the blockchain con-
sist of? C. To decrease the transaction rate
D. To centralize the transaction process
A. Transaction data
B. A Hash point 415. What is the genesis block?

C. A Timestamp A. Any block created by the founder


B. The last block created in the
D. all of these
Blockchain
411. What is a Merkle tree? C. The first block of a Blockchain
A. A tree in a forest planted by the Ger- D. The first transaction in each block
man Chancellor, Angela Merkle.
416. What is the potential impact of
B. A binary tree in which the value of each blockchain technology on the way we in-
node is the hash of its two child nodes. teract with each other?
C. A binary tree in which each non-leaf A. Revolutionize access to data
node has exactly 2 children. B. Increase complexity of policy ques-
D. A binary tree in which each node con- tions
tains a user’s cryptocurrency balance. C. Limit exposure and risk
412. What characterizes an NFT? D. Require trusted intermediaries

A. Its ability to be exchanged for any 417. What does tokenization mean?
other token A. Convert information into secret tokens
B. Its uniqueness and non-interchangeability B. Convert rights to an asset into a digital
token
C. Its use as a digital currency C. Create tokens for video games
D. Its ability to act as a stable currency D. Social Token Exchange

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1.1 BLOCKCHAIN TECHNOLOGY 44

418. Identity of individuals to participate in B. People don’t use social media to be


the digital economy for paid
A. Authentication purpose C. Social media networks are transpar-
B. Authorization ent enough

C. data sharing D. It helps to prevent data from being


stolen
D. payments andother online activities
E. All the above 424. Where can we generate BIP44 addresses

NARAYAN CHANGDER
and key pairs?
419. Will you give a try to BlockChain?( may
A. BIP44 tool online
be more than one correct answer)
B. BIP44 tool run locally
A. Yes, I will
B. Yes, incumbent C. MyCrypto

C. Yes, give me the coin D. BIP44 CLI tool run locally

D. Yes, immediately 425. What does the blockchain technology en-


able in terms of organizational structures?
420. What are some of the complex policy
questions that may arise with the rise of A. Centralized institutions
blockchain technology? B. Decentralized networks
A. Governance and international law C. Distributed markets
B. Security and economics D. Intermediary third-party institutions
C. All of the above
426. What is the “Consensus Algorithm” used
D. None of the above for in the Blockchain?
421. who have access to the blockchain when A. to allow all members of the system to
the block is dated and added? agree on multiple sources of truth
A. all user B. to resolve a mistrust problem, forc-
B. nobody ing all peers in the blockchain network to
reach a disagreement
C. only some of user
C. to solve the trust problem, i.e. no data
D. none of above entered can be erased and all new inser-
422. Blockchain Smart Contracts are analo- tions must be believed by everyone
gous to: D. none of above
A. Software
427. Which of these features are supported by
B. Firmware blockchain technology? Select all that ap-
C. Natural Language contracts ply.
D. C++ solutions A. Distributed Peer to Peer Network
B. Centralization
423. Blockchain might not be ideal for social
media platforms because C. Immutable Ledger
A. It is too complicated to use D. Mining

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1.1 BLOCKCHAIN TECHNOLOGY 45

428. It is a software protocol that allows for 433. A blockchain is a semi-decentralized


the secure transfer of unique instances of blockchain, where a group of organiza-
value over the internet without the need tions jointly manage the blockchain.

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for a third party in between such as a bank A. Federated
or government.
B. Hybrid
A. Blockchain Technology
C. Consortium
B. Bitcoin
D. Private
C. NFTs
434. The system files used in the Windows
D. Chain Network
2000, XP and Vista operating systems
429. A computer network is a collection of are?
A. Different interconnected computers A. NTFS
B. Same computers interconnected B. FAT 32

C. Computers each connected to all the C. FAT 16


others D. VFAT
D. A computer hacking system 435. Who created Merkle Trees?
430. In what field might a 51% attack pose a A. Ralph Merkle
risk in blockchain applications? B. Ralph Wiggum
A. Healthcare C. Nick Szabo
B. Cryptocurrency D. VItalik Buterin
C. Media
436. The crypto that has the highest market
D. Government operations capitalisation

431. Technologies that enable active use of LoT A. Bitcoin


as a whole or in segments, in combination B. Ethereum
with other informational, technical, eco- C. Dogecoin
nomic or humanitarian systems
D. none of above
A. Blocks
B. Environment 437. Remix is a browser-based IDE for editing
Smart Contracts on which platform?
C. Base
A. Bitcoin
D. Platform
B. Monero
432. What is the fastest time you can send or C. Hyperledger
receive payment in bitcoin without verifi-
D. Ethereum
cation?
A. Instantaneously 438. What happens if there is any slight
change in the hash value of a block in the
B. 2 minutes
Blockchain?
C. 60 minutes A. It will not affect the subsequent blocks
D. 24 hours in the chain

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1.1 BLOCKCHAIN TECHNOLOGY 46

B. It will break the chain and the data in B. IoT enhances the sharing economy
the block will be lost through interconnected devices
C. It will automatically correct the hash C. Sharing economy inhibits the growth
value of IoT
D. It will increase the security of the D. IoT and sharing economy are compet-
Blockchain ing technologies

439. What is a blockchain? 443. Which is NOT a common feature of

NARAYAN CHANGDER
blockchains and cryptocurrencies?
A. A digital wallet for storing cryptocur-
rencies A. Transparency or privacy
B. A decentralized digital ledger that B. Centralized control
records transactions C. Smart contracts
C. A software program for managing D. Hedge against hyperinflation
databases
444. Most is the most common reason for los-
D. A type of encryption algorithm used for ing bitcoin?
secure communication
A. Connection went down when purchas-
440. An IoT requirement for devices in base- ing bitcoin
ments, mines to transmit signals outside B. Lost public key
A. A small amount of data C. Lost login to wallet app
B. Energy efficiency D. Lost private key
C. Cost of devices
445. Use of Blockchain in Business? (Choose
D. Conductivity 3 Answers)

441. If no transactions can be deleted or edited A. Cannot be used on Business.


in a distributed ledger, how are transac- B. Banking and Finance
tions updated? C. Property
A. The most current transaction will al- D. Education
ways be the correct one.
446. What problem does Blockchain solve?
B. Transactions can be deleted and
edited if consensus is reached. A. ERC20 y ERC721
C. When a transaction is deleted or B. Very large distributed database
edited, an original copy is created and per- C. Solidity, Rust
manently stored in the ledger.
D. Need for trust through a third party.
D. By processing the current value based
on reviewing the entire history of all re- 447. How are Bitcoin and Blockchain related?
lated transactions. A. Bitcoin is the Brand of Blockchain
442. What is the relationship between the In- B. Bitcoin uses Blockchain technology
ternet of Things (IoT) and the trends of the C. Bitcoin and Blockchain are the same
sharing economy? concept
A. They are unrelated D. All are valid

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1.1 BLOCKCHAIN TECHNOLOGY 47

448. Cold storage is safer than hot storage 454. What is the first block in a blockchain
A. True sometimes referred to as?

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A. The Alpha Block
B. False
B. The Genesis Block
449. Proof of work is the used by Bit-
C. The Root Block
coin blockchain and Ethereum Byzantium
Metropolis blockchain. D. The Inception Block
A. Trust function 455. Denial of Service is an attack against:
B. Transaction confirmation A. Availability
C. Consensus Protocol B. Privacy
D. Incentive function C. Confidentiality
D. Integrity
450. Read Only Memory (ROM) whose data
can be erased with ultra violet light is? 456. A blockchain is a combination of a
A. EEPROM public and a private blockchain, where
some parts of the blockchain are public,
B. RPROM and some are private.
C. EPROM A. Federated
D. PROM B. Hybrid
451. Mention two alternatives to POW? C. Consortium
A. PBFT D. Private
B. POC 457. In what year was Bitcoin born?
C. POT A. 2008
D. POS B. 2009
C. 2010
452. Using a blockchain platform in construc-
tion could be considered as a D. 2011
A. Product innovation 458. What are some of the advantages of im-
B. Process innovation to increase effi- plementing enterprise blockchain?
ciency through breakthrough changes A. Legally binding
C. An incremental innovation B. Expand business-to-business and
D. All answers are correct business-to-consumer networks
C. Alter data on Bitcoin
453. What does the acronym “DApp” stand
D. None of the above
for in the context of blockchain?
A. Decentralized Application 459. hosts the software needed for trans-
action initiation, validation, mining, block
B. Digital Asset Protocol
creation, and smart contract execution in
C. Distributed Account Processing ethereum blockchain.
D. Data Analytics Platform A. External account

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1.1 BLOCKCHAIN TECHNOLOGY 48

B. EVM A. Customers
C. Ethereum full node B. Warehouses
D. Smart Contract
C. Winery Stores
460. The type of Crypto Asset wallet that is D. Clients and Winery Stores
always connected to the internet is
A. Hardware wallet 464. ERC20 can be used on behalf of crypto
B. Cold wallet currency.

NARAYAN CHANGDER
C. Hot wallet A. True
D. Software wallet B. False
E. e-wallet
465. The use of classic intermediaries (e.g.
461. What is the primary benefit of immutabil-
banks, notaries and lawyers) is possible
ity?
with blockchain (2)
A. Scalability
B. Tamper-proof
C. Resiliency
D. Increased efficiency
462. In what ways has Siam Commercial Bank
used BlockChain? A. essential
B. superfluous
C. essential
D. unnecessary

466. What are the directions of the Internet of


A. Helps in linking the guarantee letters
Things?
of suppliers and document procedures
B. Help with purchasing loans House and A. consumerism
real estate B. invention
C. Assist in managing customer accounts
C. industrial
D. Assist in international money transfer
transactions D. basic

463. Who are the main people involved in the 467. What is the primary function of a
last mile? blockchain node?
A. Deciding on transaction fees
B. Storing private keys
C. Validating and storing transactions
D. Providing internet connectivity

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1.1 BLOCKCHAIN TECHNOLOGY 49

468. How many hashes per second is the bit- C. The high price of an asset
coin network processing? D. The distance between the highest and

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A. 670 million GH/s lowest prices of an asset over a certain
B. 260 million TH/s period of time

C. 190 million TH/s 474. Which of these describes what happens


D. 120 million GH/s when a majority stake in mining is taken
by a single person?
469. What rules can be ensured by the consen- A. 51% attack
sus protocol:
B. One-way function
A. Check the data of the blocks
C. Transaction pool
B. How to create conflicts
D. Collision resistance
C. How long the blocks are in the queue
D. How blocks should be added to the 475. Step 6-When implementing a Blockchain
blockchain project

470. What are the security challenges in


blockchain?
A. 51% attack, double spending, smart
contract vulnerabilities, and privacy con-
cerns
B. Blockchain scalability, network con-
gestion, and regulatory compliance A. Private round
471. Which of the following is NOT a type of B. Public round
blockchain? C. Project planning
A. Public D. Floor list
B. Private E. Operate
C. Centralized
476. Which of the next assertions is not a def-
D. Hybrid inition of bitcoin?
472. What date is the first Bitcoin transaction A. A digital currency full of assets
made? B. A cryptocurrency
A. January 3, 2009 C. A technology that enables the transfer
B. January 3, 2019 of digital assets
C. January 12, 2009 D. A digital token
D. January 12, 2019
477. A form of money that exists as en-
473. What is the ‘Range’ of an asset on a Can- crypted, digital information. Operating in-
dlestick chart? dependently of any banks and uses sophis-
ticated mathematics to regulate the cre-
A. The opening price of an asset ation and transfer of funds between enti-
B. The closing price of an asset ties.

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1.1 BLOCKCHAIN TECHNOLOGY 50

A. Bitcoin 483. Below are computer components that


B. Cryptocurrency can be used for mining crypto assets,
except
C. Decentralized Application
A. RAM
D. Circulating Supply
B. GPU
478. What is the primary motivation behind
the growth of the Internet of Things (IoT)? C. CPU
A. Increased centralization

NARAYAN CHANGDER
D. SSD
B. Interconnected devices for data shar-
ing 484. An IoT requirement based on the ability
to cover a large area and thereby transmit
C. Reduction of blockchain technology
information over large distances
D. Decreased reliance on digital net-
works A. Cost of devices

479. Name of the language used to write B. Simplicity


smart contracts? C. Scope
A. Solidity D. Energy efficiency
B. Python
E. Conductivity
C. HTML
D. JAVA 485. Which one is called semantic web?

480. Which cryptocurrency is considered the A. Web 1.0


second most invested? B. Web 2.0
A. Bitcoin
C. Web 3.0
B. Ethereum
D. Internet
C. Cardano
D. Litecoin 486. Which is most relevant to Metaverse
technology?
481. CBDCs will likely be pegged to the corre-
sponding country’s fiat currency A. sandbox
A. True B. metamark
B. False C. coinbase
482. You have a higher chance of beeing se- D. opensea
lected as a validator in the PoS model if
? 487. Who is credited with the improvement of
A. You already mined at least for 1 year blockchain technology?
B. The randomly selected node is located A. Stuart Haber
on another continent
B. W. Scott Stornetta
C. High amount of tokens in your deposit
C. Satoshi Nakamoto
D. You have not been selected for 1
month D. Elon Musk

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1.1 BLOCKCHAIN TECHNOLOGY 51

488. Which of the following options is not con- 492. Who invented the first crypto coin?
sidered as a weakness of a conventional A. Fujiko F.
centralized system?

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B. Picture Ichiro Oda
A. Trust issue
C. Satoshi Nakamoto
B. Security issue
D. Masashi Kishimoto
C. Privacy issue
493. The cryptocurrency debit card that is be-
D. Algorithm complexity issue
ing used in USA is
489. What was the original purpose of A. Paypal
blockchain technology? B. Cash app
A. To create digital currency C. Bitpay
B. To store medical records D. Venmo
C. To collect taxes
494. Digital Signatures uses what infrastruc-
D. To timestamp digital documents ture to function?
490. What is a smart contract? A. Digital Wallet to Function
B. Consensus Algorithm to Function
C. Private and Public Key to Function
D. Blockchain Mining to Function
495. What is a blockchain?
A. A centralized digital ledge
B. A decentralized digital ledger
C. A physical chain used in cryptography
D. A type of secure communication proto-
A. A contract that becomes intelligent us- col
ing AI
496. What does the acronym DeFi stand for?
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

491. Which term describes a decentralized and


distributed ledger technology that enables
secure and transparent record-keeping?
A. Cloud computing A. Delocalized Finance.
B. Blockchain B. Deflationary Finance.
C. Database management C. Decentralized Finance.
D. Cryptocurrency D. Decrypting finance

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1.1 BLOCKCHAIN TECHNOLOGY 52

497. Which country passed the Bitcoin Law B. Farmers


that came into effect in June 2023? C. Builders
A. JAPAN D. Miners
B. COLOMBIA
502. Which one of the following is the exam-
C. CANADÁ ple of PoS with coin age-based selection?
D. BRAZIL A. BLKCOIN

NARAYAN CHANGDER
498. What is a blockchain? B. Peercoin
A. A block linked to another block C. NXT
B. A chain of blocks that contains informa- D. All of Above
tion
503. What is a hard fork in blockchain technol-
C. A long chain made of blocks ogy?
D. information stored in chains which are A. A type of consensus algorithm
saved inside blocks
B. A change in the cryptographic puzzle
499. What type of IP Address is the IP Ad- C. A change in the blockchain protocol
dress that is connected to the server and that is not backwards-compatible
does not change?
D. A type of wallet
A. Dynamic
504. Machine learning technology ranks online
B. Static
search results and predicts what a user is
C. Optic searching for on the internet.
D. Unique A. TRUE
500. Step 2-When implementing a Blockchain B. FALSE
project 505. Which requirement of the previous
anonymous digital cash protocol has been
eliminated in Bitcoin?
A. Consensus
B. Proof of Work
C. Digital signature
D. Trust
A. Seed round
506. Despite the potentials of Blockchain
B. Operate Technology, why are there still risk in
C. Private round Blockchain?
D. Public round A. Hackers can still hack your computing
power with malware.
E. Project planning
B. Inability to recognise legitimate cryp-
501. What are the computers in the blockchain tocurrencies versus scams.
network called? C. Blockchains are disrupting business
A. Diggers models and reducing revenue.

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1.1 BLOCKCHAIN TECHNOLOGY 53

D. Speculation of investments in bitcoin, C. Implementation of the Digital Silk


ether and many other coins poses un- Road
settlement in the blockchain space.

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D. Development of human capital
507. Step 3-When deploying a Blockchain E. Creating an innovative ecosystem
project
511. Which is generally described as the part
that keeps a copy of the blockchain, ver-
ifies transaction signatures, and throws
out invalid transactions?
A. Blockchains
B. Blockchain blocks
A. Floor list C. Blockchain nodes
B. Project planning
D. Blockchain miners
C. Public round
D. Private round 512. What are the potential applications of
blockchain
E. Operate
A. voting
508. When a Smart Contract is killed it
B. settling trades
A. No longer accepts new transactions
but remains on the Blockchain forever C. health records

B. Is removed from the Blockchain com- D. fund transfers


pletely
513. The following major websites that use
C. Is removed from the Blockchain and re- blockchain technology are
placed with a “bookmark” or pointer
A. CNN
D. Is moved to the test Blockchain net-
work for historical purposes B. Amazon

509. What is CENTRALIZED? C. Ali Baba

A. It is a collection of data in many places. D. Spotify


B. It is a form of storing various data. 514. What is a non-fungible token (NTF) in
C. It stores only added data, no deletion. blockchain?
D. It is a connection of internal informa- A. A type of cryptocurrency that is used
tion to each other. for large transactions

510. Expanding the coverage of communi- B. A type of token that represents a


cation networks and ICT infrastructure unique asset or piece of content on the
throughout the country, ensuring informa- blockchain
tion security in the field of ICT C. A type of encryption used to protect
A. Digitization of economic sectors sensitive data
B. Transition to the digital state D. None of the above

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1.1 BLOCKCHAIN TECHNOLOGY 54

515. What is Blockchain? 520. What role does cryptography play in


A. A centralized, trouble-proof digital blockchain technology?
book A. Centralized control
B. A decentralized error-proof digital B. Ensuring data immutability
ledger C. Encrypting private keys
C. A tamper-proof distributed digital D. Slowing down transaction speed
ledger
521. What are the benefits of being a Bitcoin

NARAYAN CHANGDER
D. A scam-proof decentralized digital miner?
book
A. You get paid in dollars by the govern-
516. What is an Ethereum? ment in new Bitcoins.
A. Open software platform based upon B. You get paid when the transaction is
Blockchain technology confirmed on the Bitcoin network.
B. Private software platform based upon C. You get paid by people who donate to
Blockchain technology the Bitcoin community.
C. Technology used in banks D. Be very popular and have many fans
and followers.
D. Centralized platform
522. It doesn’t matter what the input data is,
517. A type of shared database better known the hash length is always the same for any
as a ledger for decentralized transactions, data. Which property of the hash function
is the meaning of? corresponds to this?
A. Sales Method A. Fixed hash size
B. Business B. You can’t guess
C. Blockchain C. Irreversibility
D. Exchange D. No collision
E. Landslide effect
518. Keccak 256 is a commonly used algo-
rithm for hash generation in Ethereum 523. Blockchain networks are much and
blockchain. True or False? deal with no real single point of failure.
A. TRUE A. Simpler
B. FALSE B. Easier to scale
C. Convenient
519. Choose the correct statement
D. Faster
A. Blockchain technology is a new ap-
proach to distributed databases that inte- 524. What is Blockchain?
grate across all platforms and hardware A. A currency
across the world.
B. A ledger
B. Blockchain technology has been recog-
nized for its potential in centralized trans- C. Bitcoin
action management solutions around the D. A distributed ledger on a peer-to-peer
world. network

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1.1 BLOCKCHAIN TECHNOLOGY 55

525. Blockchain networks are much and 530. What is a hash function?
deal with no real single point of failure
A. A fork

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A. Easier to scale
B. Takes an input of any length and re-
B. Simpler turns a decryption key to be shared with
C. Faster another user

D. Convenient C. Takes an input of any length and re-


turns a fixed-length string of numbers and
526. Which of the following is an example of letters
a public blockchain? D. Gas used for the transaction
A. Ripple
531. What is a blockchain?
B. Hyperledger
A. One Cryptocurrency
C. Ethereum
B. A network security technique
D. Corda
C. A distributed digital ledger (record)
527. Once a data is stored into a blockchain it D. A type of encryption algorithmBlock
becomes very difficult to change it.Is this Explanation:The blockchain is considered
statement True or False? a ledger because it works as an im-
A. False. You can change it with a click of mutable and distributed record of all
a button transactions that occur on a network. It
transparently and permanently records
B. False. Everyone can change the items
each transaction in interconnected blocks
inside the blockchain
of data.
C. True. Only the people working in IT are
able to change it. 532. What is a dApp?
D. True. It is practically impossible to A. A type of Cryptocurrency
change it. B. A type of blockchain
528. Bonus:Who coined the term “5 Pillars of C. A decentralized application
Open Blockchains”? D. A type of NFTs
A. Andreas M. Antonopoulos
533. How many characteristics of open bank-
B. Cameron and Tyler Winklevoss ing?
C. Satoshi Nakamoto
D. Ross Ulbricht
A.
529. Which protocol provides consensus for
Bitcoin?
A. Proof of Stake
B. Proof of Ownership
B.
C. Proof of Work
D. Consensys

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1.1 BLOCKCHAIN TECHNOLOGY 56

538. How are transactions grouped on a


blockchain?
C.
A. By a mining algorithm
B. By an encryption algorithm
C. By a consensus algorithm
D. By a compression algorithm
D. Explanation:The consensus algorithm en-

NARAYAN CHANGDER
sures the integrity and correct order
of transactions recorded on the ledger
shared by network participants. Main pur-
534. What is a hash function in blockchain tech-
pose:to allow users to agree on a shared
nology?
set of facts. Ex.:PoW, PoS
A. A way to encrypt cryptocurrency trans-
actions 539. As it relates to marketing blockchain can
be used for of the following except
B. A type of cryptocurrency
A. Email marketing
C. A mathematical algorithm that con-
verts data of any size into a fixed-size out- B. Loyalty programmes
put C. And commerce
D. A way to secure cryptocurrency trans- D. Ad buying
actions E. Seriously
535. Does Bank Mandiri have collaborations 540. What is one of the opportunities of
with other parties regarding cryptocur- blockchain technology?
rency transactions?
A. Reduction in transparency and trust in
A. Of transactions
B. No B. Increased energy usage for busi-
nesses
536. What is the primary benefit of immutabil-
ity? C. Limiting new business ideas
D. Efficiency boost and trustworthy trans-
A. Increased efficiency
actions
B. Tamper-proof
541. Communication types of equipment of
C. Scalability
“Smart house” systems
D. Resiliency A. Wired and wireless
537. What are the benefits when applying B. centralized and decentralized
blockchain in Banking? C. Formal and informal
A. Speed and Security D. Internal and external
B. Transparency and Traceability
542. Which of the following is true of Smart
C. Risk and Cost Management Contracts?
D. All are correct A. They must be less than 100kB in size

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1.1 BLOCKCHAIN TECHNOLOGY 57

B. They are written in English 548. What are sidechains?


C. They are translated to hex format A. Major Blockchains

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when compiled B. Separate networks to improve effi-
D. They exist as permanent records on ciency
the Blockchain once deployed C. Digital tokens
543. Decentralization implies: D. Mobile apps
A. Centralization of control in one entity 549. An attacker that become the dominant
B. Distribution of control among all partic- node and receives most of the rewards on
ipants the network is known as
C. Dependence on a central authority A. Denial of Service Attack

D. Using a central server B. Fake Stake Attack


C. Non repudiation
544. DApp stands for
D. 51% attack
A. Decentralized Application
550. In Indonesia, banks have not yet or are
B. Directed Acyclic Parity Principle
not entering the fintech type
C. Direct Autonomous Purchasing Power
A. Regtech
D. Downstream Application of Powerful
B. Investech
Provisions
C. Payment fintech
545. What is the primary benefit of using a D. Lending fintech
blockchain system?
E. Insurtech
A. Increased transaction speed.
B. Greater data privacy. 551. A device that analyzes information from
devices or interfaces and converts control
C. Lower transaction costs. signals according to given algorithms or
D. Enhanced security and transparency. external commands
A. Controller(processor)
546. What is not the motivation of hackers is
B. Sensors
A. Money
C. Information distribution devices
B. Politics
D. Interfaces
C. Fame
E. Executive devices
D. Doing patching
552. What is the purpose of a block explorer
547. Who monitors the security of in blockchain technology?
BlockChain?
A. To create new blocks
A. antivirus systems
B. To verify transactions
B. A private entity manages it
C. To display information about the
C. A public entity administers it blockchain network
D. The community of each blockchain D. To secure the blockchain network

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1.1 BLOCKCHAIN TECHNOLOGY 58

553. What else is the Internet of Consumer 558. Only of data can be made on or to the
Things called? blockchain.
A. industrial A. Changes
B. invention B. Deletions
C. household C. Additions
D. stable D. none of above

554. What is the goal of Proof of Work 559. What technology is expected to integrate

NARAYAN CHANGDER
(PoW)? more deeply with blockchain in the future?
A. Securing the network through the use A. Artificial intelligence
of cryptography B. Virtual reality
B. Making the network anonymous C. Quantum computing
C. Shows how a system may be protected D. Advanced robotics
or compromised
560. Artificial Intelligence (AI) is showcased
D. To say which data is being written
by:
down by each miner
A. Social networks
555. What is blockchain? B. Machines
A. Data analysis system C. Humans
B. innovative information recording sys- D. None of the above
tem
C. Computing power used to process 561. Merkle trees are generated by calculating
data hashing pairs of nodes until there is only
one hash left which is known as
D. Cloud computing technology
A. Root of Root
556. What is blockchain technology? B. Merkle Tree
A. A technology developed in the 1990s C. Merkle Root
for secure document storage
D. None of the Given
B. A recent innovation that has no appli-
cations in today’s industries. 562. What defines a DAO?
C. An ancient encryption method for pro- A. Hierarchical and centralized structure
tecting data. B. Collectively managed organization
D. A significant technological advance- without central hierarchy
ment with applications in various indus- C. Non-profit organization
tries.
D. technology company
557. “Smart Contracts” is a computer code 563. Blockchain is very secure
that?
A. Yes
A. requires an intermediary (notary) for
its validity B. More than the present technologies
B. Does not require intermediaries and is C. No
self-executing D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 59

564. In which year Blockchain was Invented? A. Soft Fork


A. 2008 B. Hard Fork

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B. 1995
570. What is the purpose of proof-of-work in
C. 2001 a blockchain?
D. 2011 A. To verify the block
565. What is the core requirement for a busi- B. To calculate the hash of a block
ness blockchain? C. To create consensus in the network
A. Shared Ledger, Smart contract, Pri-
D. To secure the blockchain from tamper-
vacy and Trust
ing
B. Optimized Cryptographic Mining
571. Which key is used to sign messages?
C. A new cryptocurrency
D. Technical Services, Business services, A. Public
and Solution B. Private
566. What is the primary purpose of mining in C. Symmetrical
a blockchain network? D. Hash
A. To create new cryptocurrencies
572. What is the meaning of the word Crypto?
B. To validate and add new transactions
to the blockchain A. Mathematics
C. To increase the security of the B. Logic
blockchain C. Escondido
D. To maintain a list of banned users D. Writing
567. 1Why is consensus in a blockchain impor- 573. What is a fork in blockchain?
tant?
A. A tool used for mining new blocks
A. It ensures integrity of the records on
the chain. B. A split in the blockchain resulting in
two separate chains
B. None
C. A type of encryption used to protect
568. What Web 3.0 is about? data on the chain
A. The static web where we may read D. None of the above
only the content provided by the website
B. Semantic web where you can read, 574. What is digital fiat currency?
write and own data from the internet. A. A digital form of currency, that repre-
C. Dynamic web where along with read- sents a country’s financial reserves
ing, writing was also possible B. An e-currency, that creates a transpar-
D. All of the above ent and borderless debt market

569. Software update of a blockchain that is C. An online system, that enables making
not compatible with previous versions of transactions without a bank account
the D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 60

575. What are smart contracts in a 580. Which of the following is a characteristic
blockchain? of a blockchain?
A. The first block in the chain A. Centralized control
B. Proof-of-work mechanisms B. Real-time processing
C. Blocks that have been tampered with C. Immutability
D. Simple programs that automatically ex- D. Unlimited storage capacity
change coins based on certain conditions

NARAYAN CHANGDER
581. What is a metaverse?
576. Which of the following is the unit of Gas? A. A type of cryptocurrency
A. Ether B. A messaging application
B. Bitcoin C. An immersive digital space for interac-
tions
C. How
D. A new web browser
D. All Can be used as Gas depending on
the Type of Blockchain 582. How does the sharing economy impact
traditional business models?
577. What role does blockchain play in enhanc-
ing the transparency of charitable dona- A. Reinforces traditional models
tions and ensuring they reach the intended B. Disrupts and transforms traditional
recipients? models
A. Predicting cryptocurrency values C. Has no effect on traditional models
B. Creating secure donation ledgers D. Increases centralization in traditional
models
C. Providing real-time traffic updates
D. Optimizing transportation routes 583. Which consensus algorithm is used by Bit-
coin?
578. Blockchain technology is only used for bit- A. Proof of Work
coins?
B. Proof of Stake
C. Delegated Proof of Stake
D. Proof of Authority

584. Who is credited with the invention of


Blockchain technology?
A. Ture A. Satoshi Nakamoto

B. False B. Bill Gates


C. Steve Jobs
579. Jenis-Jenis blockchain antara lain?
D. Mark Zuckerberg
A. Protected blockchain
585. What is the purpose of ray tracing in 3D
B. Public blockchain
rendering?
C. Protected and Public blockchain A. To model the behavior of light in a real-
D. Public and Private blockchain world scenario

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1.1 BLOCKCHAIN TECHNOLOGY 61

B. To create a 2D image from a 3D model 591. A Smart contract is


C. To simulate the movement of particles A. An application of Ethereum

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D. To analyze the structure of atoms B. An contract that is executed automati-
cally when a condition is realized
586. Assuming a situation where you lost your
C. The essential tool where a DAO is
private key or you lost to access the hard-
based on
ware wallet, what key is used to restore
the data? D. All answers are correct
A. Hash key 592. What is distributed computing?
B. Seed Phrase A. Computation performed on a main-
C. Private key frame computer
D. Private key B. Computation performed on a super-
computer
587. How does blockchain ensure immutability C. Computation performed on multiple
of data? machines
A. Regular data backups D. Computation performed on one ma-
B. Encryption chine
C. Consensus mechanism 593. What is one of the most promising use
D. Physical security measures cases of blockchain technology?
A. Supply chain management
588. contains a number of transactions
and a timestamp in the chain B. Healthcare records management
A. Transactions C. Financial transactions
B. Nodes D. Data security
C. Blocks 594. Bitcoin can only be controlled by the cen-
D. Mining tral bank.
A. True
589. What is the size, in characters, of an IPFS
file using Base58 encoding method? B. False

A. 20 595. Bitcoin’s genesis block (the start of the


B. 32 network) date was:
A. January 3, 2009
C. 44
B. March 15, 2009
D. 64
C. April 1, 2009
590. In what year was bitcoin created?
D. May 2, 2009
A. 2006
596. It is a change in the protocol or a di-
B. 2010
vergence from the previous version of
C. 2008 Blockchain.
D. 2012 A. Hash de Merkle

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1.1 BLOCKCHAIN TECHNOLOGY 62

B. Fork 603. Bitcoin was first coined by


C. SHA-256 A. Satoshi Nakamoto
D. Mempool B. Blockchain
C. Santhosh Samsung
597. The ledger in blockchain is
D. China
A. Public
B. Private 604. What types of oracles exist?

NARAYAN CHANGDER
A. Hardware oracles
598. Does your crypto wallet stores/holds
your crypto assets? B. Software oracles

A. Yes C. Off-chain oracles

B. No D. Consensus-based oracles

605. This was a fun learning experience intro-


599. Are the blocks in the blockchain linked via
ducing me to web3 and i would like to at-
cryptography?
tend similar events in future?
A. True
A. True
B. False
B. False
600. What is a blockchain? 606. How are transactions verified and added
A. A distributed ledger on a peer to peer to a blockchain?
network A. By centralized authority
B. An exchange B. Through consensus algorithm
C. A type of cryptocurrency C. By random selection
D. A centralized ledger D. Through government regulation
601. What does IPFS stand for? 607. What is a blockchain?
A. Interplanetary Filing System A. Centralized ledger
B. Inter Filing System B. A distributed ledger with peer to peer
C. Internet Play Store network

D. Internet Platform for Storage C. A distributed ledger with peer to non


peer network
602. What is the purpose of a consensus pro- D. Open cloud
tocol in a blockchain network?
608. What is the main characteristic of proof
A. To verify the identity of participants
of work?
B. To ensure immutability of the
A. Adjust the hash difficulty depending on
blockchain
whether there are more or fewer miners
C. To agree on the order and validity of available
transactions B. The consensus will be won by the one
D. To encrypt the data stored in the who has won the most and has the most
blockchain participation

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1.1 BLOCKCHAIN TECHNOLOGY 63

C. Vote regarding the most reliable node 612. An approach for consensus protocol that
is hotly debated among developers of
D. None of the above
blockchain is

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609. What is the difference between A. Proof of Age
blockchain and DLT? B. Proof of Stake
A. Blockchain is a type of centralized C. Round Robin
ledger system D. Proof of Incentive
B. Blockchain and DLT are completely dif-
613. .... hash of the root node of a Merkle tree
ferent technologies
A. Storage Root
C. DLT is a type of financial transaction
system B. Code Hash
C. Multiple
D. Blockchain is a subset of DLT
D. None of these
610. What is a blockchain?
614. What is blockchain?
A. A puzzle game analogy
B. A type of cryptocurrency like Bitcoin
C. A digital record split into pieces stored
in multiple places
D. A technology exclusive to the crypto
world
A. A software
B. A list of records, called blocks 615. Step 5-When implementing a Blockchain
project
C. A P2P network
D. An electronic payment system

611. A Hash-type mathematical function is de-


fined as:
A. A function used to describe and model
the behavior of various situations in our
daily lives.
B. A mathematical algorithm that trans-
forms any block of data into a series of
fixed-length characters.
C. A function of observable variables that
does not contain any unknown parame-
ters. A. Floor list
B. Operate
D. A mathematical relationship estab-
lished between two variables. C. Seed round
E. These are sine, cosine and tangent D. Public round
functions. E. Project planning

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1.1 BLOCKCHAIN TECHNOLOGY 64

616. Browser which is different from others A. Cut the block size to half to improve
based on Web Technology speed.
A. Brave B. Double the block size to accommodate
more transactions per block
B. Microsoft Edge
C. Decrease the total number of transac-
C. Mozilla Firefox
tion that take place?
D. Chrome
D. Accommodate more transactions in

NARAYAN CHANGDER
617. In Ethereum, a combination of account the same size block.
number and global nonce is used to ad- 621. What blockchain data stores?
dress issues regarding double spending.
True or False? A. Information about transactions
B. Unique digital signatures
A. TRUE
C. Unique code call Hash
B. FALSE
D. Distributed ledger
618. What are the companies shown in success E. All of the above
stories?
622. Which of this is a crypto wallet?
A. Bitcoin
B. Metamask
C. Ethereum
D. Google pay

623. What causes orphan blocks to be cre-


A. ORACLE Y Mediterranean Shg Co ated?

B. IBM and Maersk A. A lot of transactions are created


B. Block rewards are not given to miners
C. Symantec YEvergreen Line
who are in the orphan blocks
D. Intuit and Hapag-Lloyd
C. When another “valid” block is solved
619. How does blockchain address the issue of nearly the same time
trust in financial transactions? D. none of above
A. By relying on centralized intermedi- 624. What does a bank account ledger show?
aries for transaction validation.
A. Both withdrawals and deposits
B. By using advanced encryption tech-
B. Only deposits
niques for data protection.
C. Only current balance
C. By providing a transparent and decen-
tralized ledger for verification. D. Only withdrawals
D. By eliminating the need for user au- 625. What are some examples of public
thentication. blockchains?

620. What was the main concept behind Seg- A. EOS, Tron, NEO
wit2x improvoment? B. Monero, Dash, Zcash

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1.1 BLOCKCHAIN TECHNOLOGY 65

C. Bitcoin, Ethereum, Litecoin


D. Ripple, Stellar, Cardano

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626. Miner produce the hash with the combi-
nation of
A. Previous Block Hash + Nonce
B. Current Block Hash+ Previous Block
Hash
C. Blockdata + Nonce A. Customers
D. Nonce B. Developers
C. Hackers
627. What is Blockchain?
D. Token Holders
A. A technology based on a centralized
and private operations blockchain 631. Data is saved
B. A technology based on a decentralized
and public operations blockchain
C. A technology based on a centralized
and public operations blockchain
D. A technology based on a decentralized
and private operations blockchain

628. How do distributed apps leverage


blockchain technology?
A. By relying on a single trusted author- A. in several places
ity.
B. in a single place
B. By using smart contracts and decen- C. at several points
tralized consensus mechanisms.
D. in several places
C. By encrypting all data on a centralized
server. E. in one place

D. By using centralized consensus mech- 632. We can’t write smart contracts in


anisms. blockchain Technology
A. Ethereum
629. Which one of the following is exchange
token? B. Bitcoin
A. NFT C. Litecoin

B. BNB D. None of these

C. BTC 633. What is the main benefit of blockchain in


construction?
D. ETH
A. Improve the efficiency using better
630. The right to vote in DAO goes to materials of construction

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1.1 BLOCKCHAIN TECHNOLOGY 66

B. Speed up the project using new soft- A. Explain the difference between
ware to design the building Ethereum and Bitcoin’s account models
C. Allow to reduce the number of workers (UTXOs vs. Nonces).
needed in construction tasks B. Integrate basic terminal output (std-
D. Achieve transparency through record- out) into Python code.
ing transactions in distributed ledger C. Define Unspent Transaction Output
(UTXO) (data structure behind Bitcoin-
634. Assuming a situation where you lost your based projects).

NARAYAN CHANGDER
private key or you lost to access the hard-
ware wallet, what key is used to restore D. Send Bitcoin transactions on bitcoin’s
the data? test network.

638. What does it mean for a system to be


distributed?
A. The data resides on one controller
B. Each user has a full copy of the ledger
C. The data is controlled by a central au-
thority
D. The data is not accessible to all users

639. What is cryptocurrency?


A. Private key A. Physically stored in online wallet
B. Public key B. Digital / virtual money that is created
C. Seed Phrase and stored electronically in the blockchain
D. Hash key 640. In blockchain, what does the term “gas”
refer to?
635. Smart Contract �������
A. The fuel used by miners to power their
A. Smart contracts are secure and effi-
mining rigs
cient agreements.
B. The fee required to access a
B. Confirming encryption with a key
blockchain network
C. Centralized access to information
C. The total supply of a cryptocurrency
D. Automated agreements via Centralize
D. A measure of computational effort re-
636. What is the role of a token in a quired to process transactions
blockchain’s token economy?
641. Which of the following is the main differ-
A. To regulate government transactions ence between proof of work and proof of
B. To secure private keys stake consensus algorithms?
C. To quantify value units A. Proof of work requires solving a cryp-
tographic puzzle, while proof of stake re-
D. To automate network operations quires staking cryptocurrency.
637. Which were objectives from Blockchain B. Proof of work is faster than proof of
Python day 2? stake.

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1.1 BLOCKCHAIN TECHNOLOGY 67

C. Proof of work requires less energy 646. In Blockchain


than proof of stake. A. Can create block

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D. Proof of work is less secure than proof
B. Can edit data in block
of stake.
C. Delete block
642. In the context of “mining”, which are the
conditions to be satisfied to write a block D. Can read data from block
to the blockchain? 647. One of the following fields is not wrong
A. The block must be small regarding the characteristics of cryptocur-
B. A certain time interval must be waited rencies
C. A small amount of Bitcoins should be A. Decentralized, virtual, they do not
paid store value and are used to acquire goods
D. The block should contain a proof-of- B. Virtual, decentralized, they are not
work (PoW) useful for buying things but they are use-
ful for saving in the future
643. Which industry has widely adopted
blockchain for supply chain management? C. Decentralized, virtual, they are used to
acquire goods and save
A. Entertainment
D. Centralized, virtual, they are used to
B. Healthcare
acquire goods and save
C. Logistics and shipping
D. Agriculture 648. What is a blockchain?
A. A chain of blocks that contains informa-
644. Does blockchain technology allow more
tion
than just the transfer of cryptocurrencies
nowadays? B. A type of cryptocurrency
C. A digital notary
D. A type of computer program

649. By its definition, what is a blockchain?


A. A centralized ledger
B. A type of cryptocurrency
C. An exchange transaction
D. A distributed ledger on a peer to peer
A. Yes network
B. No 650. who oversees the trading of crpto assets
645. WHAT IS GOOD USE CASE IN is?
BLOCKCHAIN A. Police Chief
A. A B. CoFTRA
B. B C. West Kalimantan Provincial Govern-
C. C ment
D. D D. BNN

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1.1 BLOCKCHAIN TECHNOLOGY 68

651. Select the answers that best suit why 656. What is challenges of blockchain that as-
Blockchain Mining is considered a peer to sociated with blockchain technology
peer process. (More than 1 answer or A. Blockchain technology is immune to cy-
none) berattacks
A. Transactions are passed around from B. Blockchain technology eliminates all
nodes to nodes. security risks
B. Solving complex computational mathe- C. There are still risks like cyberattacks
matics problems. and potential flaws in smart contracts

NARAYAN CHANGDER
C. Node that solves the math problem D. Smart contracts are flawless and se-
wins a reward such as Bitcoin. cure
D. None of the above. 657. provides clarity over ownership of
assets and existence of obligations, and
652. What is a node? could dramatically improve efficiency.
A. A type of cryptocurrency A. Blockchain
B. A Blockchain B. Accounting
C. A computer on a Blockchain network C. Company
D. An exchange D. Fintech
658. The “length” of a blockchain is known as
653. Which key can be shared
its
A. Public key A. Block size
B. Private key B. Block height
C. Both C. Block weight
D. None D. None of the above

654. applications that are not a priority for IT 659. The advantages of Blockchain in Business
solutions in print media companies are? (Choose 3 Answers)
A. Closed Technology and unknown to
A. Microsoft One Note
others.
B. MS Power Point / Google Slides
B. Cost reduction by eliminating third
C. MS Word / Google Docs party verification.
D. Adobe Photoshop C. Increase accuracy by removing human
involvement in verification.
E. MS Publisher
D. Transactions are secure, private and
655. What is Dash Masternode? efficient.
A. Two nodes share the same resources 660. The creator of Bitcoin is
B. One node runs the whole network A. Bill Gates
C. A node provides additional network B. Satoshi Nakamoto
monitoring services C. Steve Jobs
D. Owner of all Dash nodes D. Mark Zuckerberg

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1.1 BLOCKCHAIN TECHNOLOGY 69

661. Which one of the following is correct? C. List of transactions


A. Once a consensus is met, a new block D. All the above

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is added to the chain.
B. Neither timestamp nor nonce can be 666. How can you identify a block?
verified. A. by the block header hash
C. A secure blockchain is a single chain in
B. with the block height
an inconsistent state.
D. There is only one, single criteria mea- C. both
sured to perform validation. D. none of the above
662. It is a unique digital asset that repre-
667. Which statements are true regarding bit-
sents ownership of real-world items like
coin transactions?
art, video clips, music, and more.
A. Blockchain A. Transactions are regulated by the “Bit-
coin” body
B. NFT
B. They are faster than traditional trans-
C. Cryptocurrencies
actions
D. Bitcoins
C. They have a high cost
663. In the insurance sector, blockchain can be D. It cannot be undone
used for:
E. They are pseudo-anonymous
A. Suggesting fashion trends
B. Securing digital policy documents and 668. methods of storing, organizing and re-
processing claims searching large amounts of information,
C. Offering cooking classes which are not often used in the traditional
way for working with databases.
D. Managing restaurant reservations
A. BigData
664. Which of the following is NOT a clear ex-
ample of the uses of AI? B. SmartCity
A. navigation apps use AI to guide drivers C. Blockchain
through various locations D. none of above
B. smart online assistants such as Siri or
Google Assistant 669. What is “Hash” in blockchain
C. avatars for socializing and meeting in A. A number
the digital world
B. A Key
D. automation and guiding in self-driving
cars C. A hexadecimal code

665. Each and every block of blockchain con- D. None of the above
tains what elements?
670. What do you think was the record price
A. A hash pointer to the previous block paid for this picture of a bored looking
B. Timestamp monkey on the (NFT) market?

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1.1 BLOCKCHAIN TECHNOLOGY 70

675. Bitcoin was first coined by


A. Satoshi Nakamoto
B. Satoshi Pakamoto
C. Santhoshi Nakamoto
D. Santhosh Kaka

NARAYAN CHANGDER
676. Augur is an automated system that lever-
ages these blockchain features?
A. US$ 28
A. Smart contracts, Immutable ledgers,
B. US$ 2, 800, 000
oracle.
C. It’s free lah plse!
B. Mining
D. US$ 28, 000
Explanation:On the night of January 30, C. Trading, Proof of Work
2022, Bored Ape #232 was sold for D. Cryptographic hashing
a whopping 1080.69 ETH ($2.85 mil-
lion). The sale happened on the NFT 677. What does A stand for in ABCDEFG Digi-
marketplace-LooksRare. tal Transformation?
671. Ethereum is a cryptocurrency? A. Aspiration of Digital Transformation &
A. True Digital Maturity
B. False B. Awareness of Digital Transformation &
Digital Maturity
672. Bitcoins are created when a computer
C. Acquisition of Digital Transformation &
Digital Maturity
A. solves an algorithm
B. adds new blocks D. Analyze of Digital Transformation &
Digital Maturity
C. adds a node to the crypto
D. signs on the chain 678. The attached image explains about

673. Can Big Data be used in Logistics 4.0?


A. Falso
B. TRUE

674. what is a miner?


A. Classification of data variations in Big
A. A type of blockchain
data
B. An algorithm that predict the next part
of the blockchain B. Classification of data variations in IoT

C. A person doing calculations to verify a C. Classification of data variations in Arti-


transaction ficial Intelligence
D. computers that validate and process D. Classification of data variations on
blockchain transactions Blockchain

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1.1 BLOCKCHAIN TECHNOLOGY 71

679. In which of the following do we not see 684. Blockchains store data in the form of
the blockchain applied? A. Lines

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B. Circle
C. Blocks
D. None of the above

685. What is the primary advantage of a de-


A. Automated security centralized blockchain network?
B. Smart contracts A. Increased control by a single entity
C. Create a social network account B. Reduced transparency
D. Cloud storage C. Resistance to censorship and tamper-
ing
680. Which is not part of the nature of D. Dependence on a central server
“Blockchain”
A. Transparency 686. The number of faulty processors can be
tolerated if we have 3m+1 total proces-
B. Desentralisasi sors in the network.
C. Flexible A. m
D. Stay B. m-1
681. Which different types of networks did C. m+1
we cover in the lecture? D. m+2
A. Clustered network
687. What happens if more than one miner
B. Centralized network solves the consensus puzzle very close in
C. Distributed network time to each other in Ethereum?
D. Decentralized network A. Small incentives are given to runner-
up blocks
682. Which blockchain supports smart con- B. Runner-up miners leave the network
tracts?
C. Small incentives are given to the run-
A. Bitcoin ner up blocks and the new block is added
B. Hyperledger Fabric to the main chain
C. Ethereum D. The new block is added to the main
chain and not the runner-up chain
D. Corda R3
688. What is a VERIFICATION PROCESS?
683. What is the Australian Stock Exchange
looking at replacing onto a blockchain?
A. Real estate market
B. Insurance market
C. Banking system
D. Entire trading platform

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1.1 BLOCKCHAIN TECHNOLOGY 72

A. The verification of the correctness of B. NO


something
693. How does a blockchain secure itself from
B. Certification of accuracy. tampering?
C. Proof of function A. By storing medical records
D. The control of correspondence B. By creating smart contracts
689. What is the difference between a C. By using a peer-to-peer network
sidechain and a mainchain in Blockchain D. By using a central entity to manage the

NARAYAN CHANGDER
technology? chain
A. A sidechain is a separate Blockchain
694. What is the purpose of a white hat hacker
that is connected to the mainchain, while
in Blockchain technology?
the mainchain is the primary Blockchain
network A. To identify and fix security vulnerabili-
ties in a Blockchain network
B. A sidechain is a type of consensus al-
gorithm, while the mainchain is a type of B. To create new cryptocurrency
database C. To manage the network infrastructure
C. A sidechain is a type of database, D. To develop new consensus mecha-
while the mainchain is a type of consen- nisms
sus algorithm
695. What is one of the significant impacts of
D. There is no difference between a
blockchain technology outside of finance?
sidechain and a mainchain
A. Transportation systems
690. Any hash function is one-sided, that is,
B. Agricultural production
the hash function of the information can be
used to find the hash, but the original in- C. Healthcare management
formation cannot be found using the hash. D. Energy grids
Which property of the hash function corre-
sponds to this? 696. How to get Bitcoins?
A. Fixed hash size A. Commercial banks and exchange be-
tween users
B. You can’t guess
B. Stealing from the creator
C. Irreversibility
C. Bitcoin stores, mining and at an ex-
D. No collision change house
E. Landslide effect D. Exchange between users, Bitcoin
691. User chaincodes implement the system’s stores and mining.
behavior and run within the peer process. 697. What are CPU’s, GPU’s, and ASIC’s in Bit-
They are bound to the peer’s startup coin mining?
A. True A. Different types of Bitcoin wallets
B. False B. Different types of Bitcoin transactions
692. Do you think that BlockChain could reduce C. Different types of computers used for
corruption in Peru? Bitcoin mining
A. AND D. None of the above

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1.1 BLOCKCHAIN TECHNOLOGY 73

698. Which of the following is the verified 704. What is the role of miners in a blockchain
proof of Blockchain Technology? network?

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A. earnings A. To validate and process transactions
B. name and address B. To receive transaction fees
C. location C. To initiate and broadcast transactions
D. transactions D. None of the above
699. A cryptocurrency is a digital currency 705. All data is stored in encrypted form.
based on cryptography and a consensus A user can track transactions, but if he
protocol doesn’t know the wallet number, he can’t
A. True identify the recipient or sender of the infor-
mation. To carry out operations, a unique
B. False
access key is required This corresponds to
700. We can do the following in metaverse, which type of advantage of Blockchain?
EXCEPT A. Decentralization
A. playing games B. Full transparency
B. shopping C. Confidentiality
C. socializing D. Confidence
D. meeting friends physically E. Compromise
701. What is the purpose of the fold-
706. What makes a good block chain use case?
ing@home project?
A. An identifiable business network
A. To study the behavior of electrons
B. A business problem to be solved
B. To simulate the folding of proteins
C. Need of trust
C. To create a social networking platform
D. All of above
D. To develop a new type of computer pro-
cessor 707. The following are the advantages of
702. What is the smallest amount you can blockchain technology, except
send in the lightning network? A. Accountable
A. ridge satoshi B. Secure
B. Ridge Mitsoshi Satoshi C. Redundant
C. One microsatoshi D. Transparent
D. One sato
708. It is a cryptographic operation that gen-
703. Which of the three Blockchain Trilemma erates unique and unrepeatable identifiers
factors does Ethereum fullfill? from a given piece of information.
A. Decentralization and security A. Hash
B. Security and scalability B. Cryptography
C. Decentralization and scalability C. genesis block
D. All three D. Smart contract

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1.1 BLOCKCHAIN TECHNOLOGY 74

709. What is the connection speed that can 714. Which of these is the primary motivation
transmit data of one million bits per sec- for utilizing blockchain technology?
ond? A. Proof of Work
A. Kbps B. Determinism
B. Mbps C. Decentralization
C. Gbps D. Encryption
D. Tbps

NARAYAN CHANGDER
715. What does the ‘Sideway’ trend on the
710. is paid for the creation of a block Candlestick chart indicate about the move-
A. Receiver of transactions in the block ment of asset values?

B. Miner of the block A. A ‘sideway’ trend on a Candlestick


chart indicates an increase in the value of
C. All full nodes an asset over time.
D. Sender of transactions B. A ‘sideway’ trend on a Candlestick
chart indicates a decline in the value of an
711. When using BlockChain, the provider gen-
asset over time.
erates an RFID code
C. A ‘sideway’ trend on a Candlestick
chart indicates stable asset prices.
D. A ‘sideway’ trend on a Candlestick
chart indicates random changes in the as-
set

716. What are some implementation of Hyper-


ledger frameworks?
A. TRUE
A. Composer
B. Falso
B. Explorer
712. Which of the following is NOT a common C. Fabric, Sawtooth
type of machine learning algorithm?
D. none of above
A. Linear Regression
717. What are CHATBOTS?
B. Convolutional Neural Networks
A. Tools that allow automated communi-
C. Reinforcement Learning
cation between humans and brands or
D. File Compression companies
713. Which type of blockchain allows anyone B. Combination of techniques and algo-
to join the network, read the transactions, rithms with the purpose of creating ma-
and participate in the consensus process? chines with the same capabilities as hu-
mans
A. Public blockchain
C. Thought experiment that proves that
B. Private blockchain thinking is simply computing
C. Consortium blockchain D. Specific platforms that warn of ad-
D. Hybrid blockchain verse environmental impacts

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1.1 BLOCKCHAIN TECHNOLOGY 75

718. What is Alastria? 724. The main concept of Proof Of Stake is


A. Spanish design A. Full nodes with least coins at stake get

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B. Consensus protocol to create the next block.

C. Electronic signature scheme B. Full nodes with most coins at stake get
to delete a block
D. Algorytm hasha
C. Full nodes with the least coins get to
719. Blockchain is a type of delete a block
A. View D. A. Full nodes with most coins at stake
B. Table get to create the next block.

C. Programming Language 725. What is the purpose of the digital signa-


D. Database ture in a blockchain transaction?
A. To authenticate the transaction
720. To function, Bitcoin uses the following
technologies: B. To encrypt the transaction

A. Peer to PeerHashBlockchain C. To generate the public address

B. Peer to PeerHTTPSBlockchain D. To validate the transaction

C. Client/ServerHashBlockchain 726. Which type of machine learning algorithm


D. Peer to Peer Hash Quantum Cryptog- is commonly used for image recognition?
raphy A. K-Nearest Neighbors
721. What is a Bitcoin? B. Decision Trees
A. a cryptocurrency C. Random Forests
B. unit of measurement for computer D. Convolutional Neural Networks
memory
727. The uniqueness of blockchain lies in its ca-
C. a worthless coin pacity to store and retain transactional
D. current currency in Burma history so that chances of fraud, hacking,
and third-party interference are greatly re-
722. The contract interface is a high-level API duced.
that is used by application developers to
A. Person to person
implement smart contracts that can be
written in Java and Node.js B. Future
A. True C. Public or private
B. False D. Cash

723. Once data entered into the blockchain can 728. The following are examples of Blockchain
be implementation, except?
A. Changed A. NFT
B. Altered B. Digital Currency
C. Cant be changed C. Wikipedia
D. Can be erased D. Metaverse

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1.1 BLOCKCHAIN TECHNOLOGY 76

729. What is NFT? 735. What is a private blockchain?


A. A new form of currency A. A private blockchain is a type of
B. New file format blockchain that is open to anyone who
wants to participate.
C. New payment system
B. A private blockchain is a type of
D. Niefungowalny token blockchain that is restricted to a specific
730. What is a blockchain? group of participants.
C. A private blockchain is a type of

NARAYAN CHANGDER
A. A chain of blocks that contains informa-
tion blockchain that is controlled by a central
authority.
B. A type of cryptocurrency
D. A private blockchain is a type of
C. A type of computer program blockchain that is used for public transac-
D. A type of digital document tions.
731. ICO stands for 736. Select the statement with the INCOR-
A. Initiel Coin Offering RECT ending to the sentence “Forks are
mechanisms that “
B. Initial Con Offering
A. Implement planned improvements
C. Initial Coin Ofering
B. Build credibility
D. Initial Coin Offering
C. Manage issues
732. The most significant advantage of using D. Reduce the robustness of the
Blockchain technology is the transaction. blockchain framework.
A. True
737. an individual who plays a role in creating
B. False an application is
733. What is the purpose of combining mul- A. Developer
tiple transactions to form a block in B. Architect
Blockchain?
C. Analyst
A. To make it faster to add blocks to the
D. Administrator
Blockchain
B. To save storage space 738. What is the purpose of the hash of the
previous block in a blockchain?
C. To create independent blocks
A. To identify the sender of a transaction
D. To make the Blockchain more secure
B. To create consensus in the network
734. A network is an architecture of a dis-
C. To create a chain of blocks
tributed application, shares tasks or work-
loads between peers. D. To calculate the proof-of-work
A. P2P 739. What does a nonce do?
B. Backbone A. Pads the hash with a zero.
C. Datacenter B. Adds randomness to the hash.
D. Cluster C. Decodes the secret key.
E. Data Warehouse D. Sets a reusable random seed.

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1.1 BLOCKCHAIN TECHNOLOGY 77

740. What are the properties of a Hash Func- B. Variable length response for any data
tion? Select more than one answer.
C. Length is same as input

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A. SHA-256
D. None
B. Fixed Length
C. Not Unique 746. Which issues does Ethereum face?
D. One-way function A. Clogged network

741. Blockchain transactions are transparent, B. Disk space


but they are not publicly accessible. C. Energy consumption
A. True
D. Missing privacy
B. False
C. Not Applicable 747. When was the blockchain technology
originally described?
D. none of above
A. 2010
742. What are the potential drawbacks of us-
ing a public blockchain for enterprise appli- B. 2009
cations? C. 1991
A. Scalability issues, lack of privacy and D. 2015
confidentiality, and potential security vul-
nerabilities. 748. The main components of blockchain tech-
B. High transaction fees, limited control nology:
over the network, and slower transaction
A. Consensus mechanism, One-level
speeds.
(peer) networks, Hash-function
743. The hardware that performs arithmetic B. Private blockchain, Peer-to-peer net-
and logic processing and controls overall works, Consensus mechanism
computer operations is
C. Private blockchain, Hash function, Con-
A. motherbiard sensus mechanism
B. CPU
D. Private blockchain, Peer-to-peer net-
C. primary storage works, Hash function
D. RAM
749. An artificial intelligence is considered re-
744. When developing Blockchain applications active if:
which of the following is NOT used?
A. They perceive the world directly and
A. HTML act from what they see
B. JavaScript B. If he is able to talk to humans
C. NodeJS
C. If it is capable of helping a company in
D. J# decision making
745. Hash function returns D. All of the above
A. Fixed length response for any data E. None of the above

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1.1 BLOCKCHAIN TECHNOLOGY 78

750. Why is blockchain technology useful be- 755. Increasing digital literacy in secondary,
yond cryptocurrency? technical and higher professional education
Increasing digital literacy of the population
A. It supports unstructured and struc-
(training, retraining)
tured data
A. Digitization of economic sectors
B. Consensus can be turned on or off
B. Transition to the digital state
C. Bitcoin is not required in most applica-
tions C. Implementation of the Digital Silk

NARAYAN CHANGDER
Road
D. Its design is not restricted to any par-
ticular type of transaction D. Development of human capital
E. Creating an innovative ecosystem
751. Which of the following is a disadvantage
of proof of stake consensus algorithm? 756. A hash tree is a tree in which each
A. It is less secure than proof of work con- has a label with the hash of a data block.
sensus algorithm A. leaf node
B. It is more energy-intensive than proof B. node
of work consensus algorithm
C. hash
C. It favors wealthy participants over
D. none of the above
smaller ones
D. It is slower than proof of work consen- 757. What is a centralized exchange (CEX)?
sus algorithm A. An exchange in which buyers and sell-
ers trade directly with each other, without
752. Terms of implementation of the Internet
the need for a central authority
of Things
B. Exchanges where a central authority
A. Uniform conditions controls the buying and selling of cryp-
B. Uniform laws tocurrencies
C. Uniform rules C. Exchanges where you can only trade in
physical, non-digital currencies
D. Uniform standards
D. Exchanges where you can only trade
753. The tokenization of utilities implies: one particular cryptocurrency
A. Pay utility bills with tokens
758. What are factors accelerating adoption of
B. Convert services into digital tokens blockchain technology in open banking?
C. Create tokens for utility games A. Automation, simplification, and effi-
ciency of processes.
D. Exchange profits for cryptocurrencies
B. Cost reduction.
754. Pragma Solidity refers to
C. Trust
A. Version of Smart Contract
D. Privacy
B. Version of Compiler
759. Blockchain Technology has various charac-
C. Version of Blockchain used
teristics. Which of the following best sum-
D. none of above marises what you have learned?

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1.1 BLOCKCHAIN TECHNOLOGY 79

A. Decentralised, Peer to Peer Transac- 765. What is hash function?


tions and Cryptography A. Divergence

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B. Cryptography, Distributed and Peer to B. UTXO
Peer Transactions
C. Takes input of any length and returns a
C. Decentralised, Peer to Peer Transac- fixed-length string of numbers and letters
tions and Distributed
D. Gas
D. Cryptography, Distributed and Cen-
tralised 766. Blockchain, is it a cryptocurrency?

760. What is a DApp in Blockchain technology? A. TRUE

A. A decentralized application B. FALSE

B. A type of cryptocurrency 767. .... is a type of software designed to


C. A database table help the user’s computer detect viruses
and avoid them.
D. A computer program
A. Malware
761. What is the purpose of bitcoin mining? B. Adware
A. Prevent double-spending C. Antivirus
B. Reduce transaction fees for a higher D. Both B and C
reward
C. Support the technological develop- 768. What is a node in Blockchain?
ment A. Chain of Blocks
D. Receive natural resources B. An Exchange

762. It is the first block of a Blockchain or C. Type of Cryptocurrency


chain. It is used to start a cryptocurrency. D. Computer on a Blockchain
A. Hash 769. How does blockchain contribute to food
B. Cryptography safety and traceability in the agricultural
C. genesis block industry?

D. Smart contract A. By predicting future crop yields


B. By securing farm equipment
763. Which is the typical hashing algorithm?
C. By creating transparent supply chain
A. SHA1 records
B. He wills 4 D. By hosting virtual cooking classes
C. Dissatisfied
770. What is consumer centric marketing?
D. He got old 12
A. It starts with the individual customer
764. What is the meaning of “Crypto”? and aims to meet the needs of that cus-
A. Hidden/ concealed tomer everywhere (all divisions) and as
much as possible. So, both are not in con-
B. detailed flict, strictly speaking.
C. decrypted B. Marketing in which the consumer cre-
D. none of above ates content for the brand.

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1.1 BLOCKCHAIN TECHNOLOGY 80

C. A focus on how the consumer and the 777. What is the name of the research that
brand can use storytelling in order to op- brought Bitcoin to the world?
timise KPis
A. Black Paper
D. All of the above
B. White Paper
771. Who invented bitcoin? C. Yellow Paper
A. Shigeo it’s good
D. Green Paper
B. Satoshi Nakamichi

NARAYAN CHANGDER
C. Satoshi Nakamoto 778. What happens once all nodes in the net-
work validate the transaction?
D. Kotaro Minami
A. A new block is implemented and stored
772. Litecoin is working based on consen- in the Blockchain.
sus algorithm
B. The transaction is deleted.
A. Proof of Authority
C. The transaction is forwarded to a
B. Proof of Stake trusted third party for validation.
C. Proof of Work
D. The sender receives a confirmation
D. Proof of Elapsed Time email.

773. The consensus protocol and security in 779. Public Blockchains offer lower transac-
the Bitcoin network relies on tion speed than private Blockchains.
A. the process of Bitcoin mining
A. TRUE
B. validating the transaction
B. FALSE
C. Both a and b
D. none of the above 780. Which feature is NOT supported by
Blockchain Technology?
774. Which of the following is the correct term
A. Distributed Peer to Peer Network
from web 3.0?
A. Read, Write, Own web B. Centralized Network

B. Participative Social Web C. Immutable Ledger


C. Read-only Web D. Open Decentralised Database
D. Read and Participative Web
781. The blockchain technology algorithm that
775. The Bitcoin protocol is specified in an RFC provides less and less NONCE is a form of
crypto money being
A. True
A. Scarce
B. False
B. Durable
776. Multisig wallets require several signa-
tures to access funds C. Transferable
A. True D. Divisible
B. False E. Fungible

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1.1 BLOCKCHAIN TECHNOLOGY 81

782. A is composed of transactions 787. What are the examples of Private


batched into blocks that are cryptographi- Blockchain network?
cally linked to each other to form a sequen-

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A. R3 Corda
tial, tamper-evident chain of blocks that
determines the ordering of transactions in B. Ethereum
the system. C. HyperLedger Fabric
A. Data entry D. Bitcoin
B. Data structure 788. In what ways has Kasikorn Bank brought
C. Data field of a spreadsheet BlockChain to help?
D. Data storage device

783. The creator of Bitcoin is


A. Bill Gates
B. Satoshi Nakamoto
C. Steve Jobs A. Helps with cash and credit manage-
D. Sunsuke Nakamura ment
B. Assist in managing customer accounts
784. High-level programming language, it is
C. Helps in linking the guarantee letters
designed and compiled into bytecode to
of suppliers and document procedures
create and develop smart contracts that
run on the Ethereum Virtual Machine. D. Help with purchasing loans House and
real estate
A. Proof of Work (PoW)
B. Hash de Merkle 789. What is the difference between a public
Blockchain and a private Blockchain?
C. Mempool
A. Public Blockchains are open to anyone,
D. Solidity while private Blockchains are closed to
certain users
785. Each block contains the hash of
B. Public Blockchains are faster than pri-
A. The next block vate Blockchains
B. The previous block C. Private Blockchains are more secure
C. Of each block than public Blockchains
D. Private Blockchains are more transpar-
D. Of each fork
ent than public Blockchains
786. How often does the blockchain get up- 790. Which of the following is a consensus pro-
dated with a new block of transactions? tocol used in blockchain?
A. Every five minutes A. Proof of Stake (PoS)
B. Every hour B. Delegated Proof of Stake(DPoS)
C. Every ten minutes C. Proof of Authority (PoA)
D. Every minute D. All of the above

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1.1 BLOCKCHAIN TECHNOLOGY 82

791. What are some other potential uses of 796. An individual in charge of developing the
blockchain technology? framework of a development system?
A. Creating social media platforms, A. architect
streaming music, and watching movies B. developer
B. Storing personal photos, sending C. Administrator
emails, and playing video games
D. Analyst
C. Creating a type of cryptocurrency,

NARAYAN CHANGDER
managing financial transactions, and cre- 797. What does VALIDATE DATA mean? (2)
ating digital documents
D. Storing medical records, creating a
digital notary, and collecting taxes

792. All the unconfirmed transactions in


blockchain goes into database.
A. False A. Verify data according to a specific stan-
dard
B. True
B. Control data according to specific
793. Blockchains store data in the form of specifications
C. Analyze data
D. Recode data

798. What was the original purpose of


blockchain technology?
A. Files A. To timestamp digital documents

B. blocks B. To collect taxes

C. lines C. To create digital currency


D. To store medical records
D. none of the above
799. How does blockchain enable faster and
794. The most widely used binary code scheme
more efficient settlement of securities?
is
A. By removing the need for clearing-
A. ASCII
houses and intermediaries.
B. Microcode B. By introducing complex settlement al-
C. Unicode gorithms.
D. EBCDIC C. By increasing the number of manual
processes involved.
795. How many Bitcoins can be created?
D. By relying on traditional paper-based
A. 10 million documentation.
B. Unlimited
800. What is the purpose of proof-of-work in
C. 18 million a blockchain?
D. 21 million A. To identify the genesis block

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1.1 BLOCKCHAIN TECHNOLOGY 83

B. To create consensus in the network 805. What is a bitcoin?


C. To verify the block contents

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D. To slow down the creation of new
blocks
801. What is a key feature of a permissioned
blockchain framework?
A. Allows unrestricted access to anyone
B. Shares sensitive financial data openly A. Programming Language
C. Requires no authentication for data ac- B. England’s Currency
cess C. A Digital Currency
D. Restricts access to authorized partici-
D. None of the Above
pants only
806. After 10 Minutes a new block is formed
802. A block also contains hash of the
that contains latest transactions and
added.
A. True
B. False

807. Identify the wrong field, regarding the


bitcoin, ethereum and stellar consensus
types
A. block before it. A. PoW, AFP, PoS
B. block after it. B. PoS, Visa, PoW
C. block above it. C. PoW, PoS, SCP
D. block below it. D. SCP, PoW, PoD
803. Which one is not included in the altcoin 808. Which of the following is another term
category? for primary storage?
A. bitcoin A. ROM
B. cardano B. ALU
C. doge
C. CPU
D. ripple
D. RAM
804. permits transactions between anony-
mous parties without the need for a cen- 809. From what do the miners get their eco-
tral authority nomic incentive?
A. Smart Contract A. Block trigger
B. NFT B. Lottery payouts
C. Fungible C. Block reward
D. Blockchain D. Blockchain fees

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1.1 BLOCKCHAIN TECHNOLOGY 84

810. Which were objectives for Blockchain Day B. Transactions & Bitcoins
1? C. Header & Digital ledger
A. Explain blockchain technology and its D. Header & Transaction
use cases to someone that doesn’t have
any blockchain background. 815. Every block in the Blockchain must con-
B. Visualize transactions via block explor- tain the hash of the previous block.
ers. A. True

NARAYAN CHANGDER
C. Initialize your first block B. False
D. Describe the 5 Pillars of Open 816. the blockchain stores information in a dis-
Blockchains. intermediated way in a database whose
transactions are shared and exposed pub-
811. What is a cryptocurrency?
licly
A. A cryptocurrency is a physical form of A. true
currency that uses cryptography for secu-
rity. B. false
B. A cryptocurrency is a digital or virtual 817. what does IPFS stand for?
form of currency that uses cryptography A. Inter Planetary File System
for security.
B. Inter Filling System
C. A cryptocurrency is a type of stock
market investment. C. Internet Platform For Storage

D. A cryptocurrency is a government- D. Internet play store


issued form of currency. 818. What did others realize the blockchain
technology could be used for?
812. Is Smart contract a immutable ledger?
A. Creating digital currency
A. Yes
B. All of the above
B. No
C. Storing medical records
813. Which are true about currency? D. Collecting taxes

819. How can blockchain be applied to reduce


fraud and improve transparency in the art
and collectibles industry?
A. By predicting weather patterns
A. Thai Baht is the “currency” in Thailand. B. By creating secure digital certificates
B. Currency can be exchanged between of authenticity
countries. C. By offering gardening tips
C. System of money in general use in a D. By optimizing transportation routes
particular country.
820. characteristic makes blockchain
D. None of the Above
tamper-proof?
814. What does a block in a Blockchain have? A. Cryptocurrency
A. Bitcoins & Input B. Immutability

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1.1 BLOCKCHAIN TECHNOLOGY 85

C. VPN B. By improving the efficiency of the food


D. All of the above industry
C. By reducing the cost of food produc-

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821. How can distributed apps improve trans- tion
parency in business processes?
D. By increasing the shelf life of food
A. By centralizing all business processes products
in one location.
826. Examples of hardware that are hardcopy
B. By limiting access to business pro- output devices are
cesses to only a select few individuals.
A. Monitor
C. By encrypting all business transac-
B. Printer
tions to prevent unauthorized access.
C. Projector
D. By providing a decentralized and im-
mutable ledger of transactions that can be D. Speaker
accessed by all participants. 827. Blockchain technology can provide com-
plete transparency and traceability in sup-
822. What is a block reward?
ply chain management.
A. The transaction fees A. True
B. First to solve “cryptographic puzzle” B. False
gets the reward
C. Not Applicable
C. All miners will transfer coins to the
D. none of above
winner
D. none of above 828. What is NOT a part of the blockchain
trilemma?
823. A Bitcoin address A. Security
A. is an ECDSA private key B. Recoverability
B. is an ECDSA public key C. Scalability
C. is derived from an ECDSA public key D. Decentralization
D. is a secret number obtained randomly 829. ERC20 is an technical standard used for
smart contracts on the Bitcoin blockchain
824. is a computer or device that partici- for ?
pates in the blockchain network.
A. Creating transactions
A. Transactions
B. Creating tokens
B. Node
C. Creating nodes
C. Blocks D. Creating blocks
D. Mining
830. What is the difference between a
825. How can blockchain technology revolu- Blockchain and a traditional database?
tionize food traceability? A. Blockchains are decentralized, while
A. By providing an immutable and trans- traditional databases are centralized
parent record of every step in the supply B. Blockchains are faster than traditional
chain databases

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1.1 BLOCKCHAIN TECHNOLOGY 86

C. Traditional databases are more secure 835. Which best describes Hyperledger?
than Blockchains A. An IBM project to build blockchain
D. Traditional databases are more trans- technologies for business
parent than Blockchains B. An open source collaborative effort to
advance the use of cryptocurrencies in
831. What are last mile strategies? business
C. An open source collaborative effort to

NARAYAN CHANGDER
advance cross-industry blockchain tech-
nologies
D. A single technology stack to implement
a blockchain

836. Is data in Blockchain classified?


A. Tracking
B. Carbon footprint reduction
C. Better negotiations
D. Time sensitivity

832. Where is the LEAST SAFE place to keep A. Yes


your cryptocurrency
B. No
A. In your pocket
C. What is classified?
B. On an exchange D. Top secret
C. On a hot wallet
837. When was the blockchain technology
D. At your work desk originally described?
A. 2015
833. If the Web 1.0 experience is like going
to a library and the Web 2.0 experience is B. 2010
like talking with a group of friends, what C. 2009
will the Web 3.0 experience be like?
D. 1991
A. Having a personal assistant
838. What is a hard fork in Blockchain technol-
B. Going to class in a university lecture ogy?
hall
A. A change to the network that is not
C. Going to a movie theater with ev- backwards-compatible
ery film and television show available to
watch any time you like B. A type of cryptocurrency
C. A database table
D. none of above
D. A computer program
834. Is Blockchain same as Bitcoin?
839. Which field in a Bitcoin block is used to
A. True test the Proof of Work value?
B. False A. Timestamp

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1.1 BLOCKCHAIN TECHNOLOGY 87

B. Hash 845. What feature about enterprise blockchain


C. Nonce is accurate?

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D. Tx A. Lowers transactional settlement times
B. Has trust problems
840. How does the folding@home project uti-
C. Requires no change management
lize distributed computing?
D. Is energy efficient
A. By distributing protein folding tasks to
multiple computers 846. The following are the characteristics of
B. By creating a virtual reality simulation Primary storage, except?
C. By analyzing weather patterns A. Volatile

D. By designing new computer algo- B. Non-volatile


rithms C. Store data temporarily
D. Menjalankan software instructions
841. Which of the following is a crypto asset?
A. Binomial 847. Cross-functional NFTs are characterized
by:
B. Doge Coin
A. Its use on a single platform
C. Indodax
B. Be interchangeable with other NFTs
D. baptize
C. Have multiple functions on various
842. What is Blockchain? platforms
A. A cryptocurrency D. Its ability to act as currency
B. A database 848. Below are elements of information secu-
C. A database rity, except
D. A payment method A. Repudiation
B. Authenticity
843. What is blockchain?
C. Confidentiality
A. A type of centralized ledger system
D. Integrity
B. A type of financial transaction system
C. A combination of existing technologies 849. Which of the below is true?
to create something new A. Blockchain started in the late 2010s
where they used to create picture docu-
D. A type of decentralized ledger system
ments to make it impossible for someone
844. The data stored in the database is spread to copy them.
across several nodes in the network in var- B. Blockchain has started during covid-19
ious locations, is the concept and meaning where people preferred to send money
of? electronically then pay by cash to keep
A. Decentralization contact with people to a minimum,
B. Ledger C. Blockchain started in the early 90s
where they used to create digital docu-
C. Centralization ments to make it impossible to backdate
D. Storage the documents

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1.1 BLOCKCHAIN TECHNOLOGY 88

D. none of above 855. Which problem is addressed by the Bit-


coin that Fiat currencies cause?
850. Name test network used for ethereum?
A. Inflation
A. Rinkeby test network
B. Deflation
B. Hard test network
C. Both A & B
C. Truffle
D. Neither A nor B
D. None of above

NARAYAN CHANGDER
856. Any change in the input information re-
851. In the Lightning Network the smallest sults in a completely different hash. Which
amount sendable is a millisatoshi property of the hash function corresponds
to this?
A. True
A. Fixed hash size
B. False
B. You can’t guess
852. In what year was Blockchain conceived?
C. Irreversibility
A. 2008
D. No collision
B. 1991
E. Landslide effect
C. 2000
857. What is the purpose of a timestamp in
D. 1820
Blockchain technology?
853. All blocks contain a link to the previous A. To ensure the order of transactions
block, except for: B. To create new cryptocurrency
A. Block number 24601. C. To manage the network infrastructure
B. First block D. To develop new consensus mecha-
C. thethird block nisms
D. The second block. 858. Which is not an impact of blockchain
technology on business operations in the
854. What is meant by Blockchain?
world?
A. A database that is stored in the form
A. Finance and Banking
of blocks and chains to each other that
are run by several servers to maintain its B. Donations and fundraising
uniqueness C. insurance industry
B. Technology used as a digital storage D. Livestock and animal feed sector
system or data bank connected to cryptog-
raphy 859. What is the genesis block?
C. A computer system that can imitate A. Any block created by the founder
the way humans think in completing a job
B. The last block created in a blockchain
D. Technology that allows an object to be
C. The first block of blockchain
able to send data via a connection without
the help of computers or humans D. The first transaction in each block

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1.1 BLOCKCHAIN TECHNOLOGY 89

860. A Crypto Wallet allows you to store and


manage cryptocurrencies and can be digital
but also physical.

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A. Falso
B. TRUE

861. What are the different hashes in block


chain, select the valid ones
A. Data can be easily modified.
A. Transaction Hash B. Data is Vulnerable.
B. Private Hash C. Data is difficult is to change
C. Root Hash D. Data can be erased.
D. Block Hash 866. The term DAO stands for
A. Decentralized autonomous organiza-
862. What is special about the currency Bit-
tion
coin?
B. Decentralized autonomous operation
A. ��������� Decentrialzed blockchain
C. Decentralized access option
B. ��������� Decentralized blockchain
D. Distributed autonomous organization
C. ��������� centralized Blockchain
867. Which of the following options addresses
D. ��������� Decentralized blockchain a current security concern in block chain
��� centralized Blockchain technology which needs to be resolved?
A. The ledger database is an append-only
863. What makes it almost impossible to tam-
database.
per with a blockchain?
B. Any new entry on block chain gets re-
A. Distributed ledger flected on all copies.
B. Proof-of-work mechanism C. Every entry is a permanent on block
C. Peer-to-peer network chain.
D. None of them
D. Unique hash
868. What does P2P stand for?
864. In computer processing, how many bits
are needed to transmit one letter or num-
ber character?
A. 64 bit
B. 32 bit
A. Peer to Peer
C. 16 bit
B. Private key to Public key
D. 8 bit
C. Pineapple to Pizza
865. Immutable data means? D. Password to Profile

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1.1 BLOCKCHAIN TECHNOLOGY 90

869. Other tools and frameworks to be famil- A. The range of nonces used in Bitcoin
iar with when building Blockchainapplica- transactions
tions include:a. Ganacheb. Trufflec. Souf- B. The range of nonces used in Bitcoin
fled. Web3.js wallets
A. a C. The range of nonces used in Bitcoin
B. a, c mining
C. a, b and d D. None of the above

NARAYAN CHANGDER
D. All of the above 874. What is UTXO?
870. What is the current Bitcoin block reward? A. United Transaction Office
A. 50 BTC B. United Texan Xerox Organization

B. 25 BTC C. Unspent Transaction Output

C. 12.5 BTC D. Union of Texas Operations

D. 6.25 BTC 875. What technology underlies the develop-


ment of crypto assets?
871. What is a key factor for innovation in the
A. Bitcoin
blockchain space?
B. Square Chain
A. Cryptocurrency mining
C. Cryptocurrency
B. Smart contracts
D. Blockchain
C. Digital assets
D. Blockchain hacking 876. What is the role of a wallet in Blockchain
technology?
872. Chips used in computers are indicated by A. To store and manage cryptocurrency
numbers
B. To create new cryptocurrency
C. To manage the network infrastructure
D. To develop new consensus mecha-
nisms

877. Logistics 4.0 bases its processes on:

A. 1 and 3
A. Sensors, processors and different
B. 1, 2, and 5
communication protocols
C. 3 and 5
B. Networks, sensors and digitalization
D. 1 and 5
C. Sensors, communicators and fore-
873. What is the nonce range in Bitcoin min- casts
ing? D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 91

878. What is Raiden network? 883. What is a continuously growing list of


A. A side chain for Litecoin based main records which are linked and secured using
cryptography?

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chain.
A. a chain
B. A side chain for Ethereum based main
chain B. a block
C. A side chain for Bitcoin based main C. a blockchain
chain. D. a cryptocurrency
D. A side chain for Hyperledger. 884. What type of digital wallet? High secu-
rity
879. La blockchain
A. True Wallet
B. Paper Wallet
C. Desktop Wallet
D. Hardware Wallet
885. How can the lightning network reduce
A. Consiste nella proof of work the bitcoin transaction fees?
B. It is a synonym of bitcoin A. Use of more powerful nodes
C. Chain of blocks containing:data, Hash B. Take transactions off the usual bitcoin
and Hash of the previous block blockchain

D. none of above C. Exchange of transactions only in the


same country
880. In blockchain, blocks are linked ? D. Use of cloud services
A. Backward to the previous block 886. What task does not correspond to net-
B. Forward to next block work nodes?
C. Not linked with each other A. Relay transactions
D. none of above B. Validate data
C. Create new bitcoins
881. What is one way blockchain can be used
in the gaming industry? D. Maintain the P2P network

A. Managing restaurant reservations 887. Data is (2) saved.


B. Enabling virtual reality experiences
C. Securing in-game assets and pur-
chases
D. Offering fitness tips

882. Will changes in a block also change the A. in several places


hash? B. decentralized
A. YES C. central
B. NO D. in a single place

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1.1 BLOCKCHAIN TECHNOLOGY 92

888. Which of the following is NOT a good 893. Centralized networks have a single point
idea when researching cryptocurrency of failure.
projects? A. True
A. Look at the project creator and make
B. False
sure they have disclosed their identity
B. Check whether the project has been in- 894. Better accessibility to financial opera-
dependently audited tions and increasing costs of financial op-
C. Investing in a project without under- erations are the advantages of open bank-

NARAYAN CHANGDER
standing its mission or how it plans to ing
achieve it
D. Research the project’s price history
and trading volume A.
889. Which of the following are non-fungable?
A. Individualized tickets
B. Art
B.
C. Fiat money
D. Oil
895. Which type of blockchain is used in pri-
890. Which blockchain is supported by Mi-
vate networks?
crosoft Azuze?
A. Bitcoin A. Public blockchain

B. Factom B. Permissionless blockchain


C. Ether (WHICH) C. Hybrid blockchain
D. none of above D. Permissioned blockchain

891. What are the purposes of a wallet? 896. Cosa intendiamo per Cybersecurity?
A. Key generation and storage
B. Transaction creation
C. Transaction broadcasting
D. All the answers are correct
892. Mention the services provided by
Microsoft Azuare in the context of
blockchain.
A. l Rapid deployment of blockchain in- A. Tools and technologies for attacking
frastructure and provide integration capa- computer systems
bility. B. Tools and technologies to manage an-
B. Provide basic business logic and condi- tiviruses independently
tions C. Tools and technologies to protect com-
C. Network and security service. puter systems from attacks
D. l Develop and test smart contracts. D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 93

897. what are the main problems of the A. deterministic


blockchain B. provably secure

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A. It is not possible to go backwards. C. irreversible
B. The information takes time to process D. collision resistant
C. few people are yet able to master this
technology 901. which of the following us true related to
Blockchain technology?
D. it’s easy to master
A. It integrate data in a unique ledger
898. Which of this is NOT a characteristic of a
B. It follows decentralized management
blockchain network?
system
A. Consensus
C. It is a trailblazing Technology for im-
B. Immutability plementing low-cost Information Manage-
C. Finality ment System
D. Provenance D. All the above
E. Expensive 902. What is the blockchain considered as in
terms of organizing society and economy?
899. What does the function x do in this
Python code? A. A standalone infrastructure
B. A complementary technology
C. A replacement for traditional systems
D. A new mode for organizing

903. On which Blockchain do NFTs typically ex-


ist?
A. Dogecoin
B. Bitcoin
C. Ethereum
D. Fungibility
A. It will traverse the linked list and print
all items. 904. Benefits of blockchain in construction are
useful for:
B. It will print only the head of the linked
list. A. Construction companies
C. It will print the head of the linked list B. First owner of the construction
and change the head of the list. C. Contractors and subcontractors
D. It will print all items and reverse the D. All answer are correct
linked list.
905. What is a soft fork in Blockchain technol-
900. If a relation such as a hash function has ogy?
multiple inputs which give the same out-
put, but it is extremely difficult to find A. A backwards-compatible change to the
such matching inputs, then that relation is network
said to be B. A type of cryptocurrency

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1.1 BLOCKCHAIN TECHNOLOGY 94

C. A database table 911. help accountants gain clarity over


D. A computer program the available resources and obligations of
their organisations, and also free up re-
906. What is the purpose of a blockchain? sources to concentrate on planning and val-
A. To store and transmit information se- uation, rather than recordkeeping
curely A. Accounting Could
B. To make transactions faster B. Blockchain could
C. To eliminate the need for intermedi-

NARAYAN CHANGDER
C. Computer Could
aries in financial transactions
D. All of the above D. Google Could

907. Select application and service support 912. How does distributed computing speed
layer capabilities of the IoT architecture up the computation process?
A. additional level A. By using a single powerful computer
B. traffic capability level B. By distributing the workload over mul-
C. basic level of service usage tiple computers
D. device feature level C. By reducing the number of computers
involved
908. Which consensus mechanism do Bitcoin &
Ethereum currently use? D. By increasing the complexity of the
A. Proof of work task
B. Proof of stake 913. Blockchain technology can be used to ver-
C. Proof of identity ify the authenticity of organic products in
D. Proof of authority which industry?
A. Telecommunications
909. Hyperledger is working based on con-
sensus algorithm B. Agriculture and food
A. Proof of Authority C. Fine art
B. Proof of Stake D. Fitness and wellness
C. Proof of Work
D. Proof of Elapsed Time 914. What is this device used for?

910. The two communicating parties must


agree in advance on the key to use. Once
both parties have access to this key, the
sender encrypts a message using the key,
sends it to the recipient, and the recipient
decrypts it with the same key.
A. to mine Bitcoins
A. Asymmetric cryptography
B. Hybrid Cryptography B. to keep cryptocurrencies safe
C. Symmetric cryptography C. to hack the Bitcoin network
D. Quantum cryptography D. to protect the PC from Trojans

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1.1 BLOCKCHAIN TECHNOLOGY 95

915. Oracles provide off-chain data for smart 920. What are smart contracts in the
contracts blockchain?

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A. True A. Contracts for token exchange
B. False B. Self-executing contracts written in
code
916. what was our topic?
C. Contracts between blockchain nodes
D. Physical contracts stored in a
blockchain

921. Is it true that Blockchain Cryptography in-


volves 2 keys?
A. No
B. Yes
A. blockchain
C. Sometimes
B. bitcoin
D. Bi-weekly
C. Blockchain Technology
922. Which of these passwords is the most se-
D. Blockchain Minning
cure?
917. Blockchain is moving very fast, but we A. Horse-Crazy78
still have a lot to learn and new opportu- B. Banana123
nities exist on many levels.
C. Password123
A. True
D. IlMioPassw0rd
B. False
923. What are the main services offered by
918. How do you earn more Bitcoin? Hyperledger Fabric?
A. Solving highly complex mathematical A. A. Identity, Policy, Blockchain, Smart
problems. Contract.
B. Keeping tabs on when there is more B. Composer
demand for Wallet.
C. Channels
C. Keeping an eye on the S&P 500 stock
D. Assets
market index.
D. By entering into legal contracts with 924. Things to consider when using Blockchain
the US government. technology in financial business
A. Set strategies for using Blockchain in
919. Which of the following is currently the
business
world’s largest cryptocurrency exchange
by trading volume? B. No need to constantly test the security
of your Blockchain.
A. Binance
C. There is no encryption key required in
B. Coinbase the Blockchain.
C. Polkadot D. Evaluate the cost and value of using
D. goodness Blockchain.

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1.1 BLOCKCHAIN TECHNOLOGY 96

925. What is a consensus mechanism? 931. Identify the wrong field, regarding the
A. A way to settle disputes between bitcoin, ethereum and stellar consensus
nodes in the blockchain network types
B. A way for nodes in the blockchain net- A. PoW, AFP, PoS
work to agree on the current state of the B. PoW, PoS, SCP
ledger C. PoS, Visa, PoW
C. A tool used to store private keys in a D. SCP, PoW, PoD

NARAYAN CHANGDER
secure way
932. What does a transaction record?
D. d) A method for encrypting blockchain
data A. A record of government regulations
B. A record of anything that has been ex-
926. Once data is entered into the blockchain,
changed with something else
it can be modified/tampered/updated.
C. A record of historical events
A. TRUE
D. A record of personal information
B. FALSE
933. How many types of blockchain systems?
927. are cryptocurrencies legal in Tunisia
A. TWO
A. oui
B. THREE
B. non
C. FOUR
928. concept of management of city property
D. FIVE
and services provided by the city. It in-
cludes education, transport, healthcare, in- 934. What is a simple way of improving confi-
frastructure management and many oth- dentiality?
ers. A. Add role management to the smart
A. BigData contract.
B. SmartCity B. Assign security codes to each node.
C. Blockchain C. Encrypt the data transacted and digi-
D. none of above tally sign it.
D. none of above
929. uint[5] num =[5, 6, 7, 8, 9], then if we
return num[2], what will be the output. 935. Step 4-When implementing a Blockchain
A. 5 project
B. 6
C. 7
D. 8
930. Who is the creator of Ethereum?
A. Vitalik Buterin
B. J i shouts W U
C. Satoshi Nakamoto
D. Roger Ver

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1.1 BLOCKCHAIN TECHNOLOGY 97

A. Floor list C. Block


B. Project planning D. Cryptography

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C. Public round 940. How does blockchain contribute to reduc-
D. Private round ing fraud and improving transparency in
E. Operate the telecommunications industry?
A. By predicting weather patterns
936. The Web 3.0 is
B. By securing mobile app downloads
A. blockchain backed internet connection
C. By authenticating mobile device ship-
B. the third generation of internet ser- ments and tracking their history
vices for websites and applications that
will focus on using a machine-based un- D. By hosting music festivals
derstanding of data to provide a data-
941. Blockchain model works on
driven and Semantic Web
A. Centralized, Client-Server
C. focused on the combination of AI and
Blockchain in order to create free internet B. Decentralized, Client-Server
services that bridge the world together. C. Distributed, Peer-to-Peer
D. The new WWW.com D. Decentralized, Peer-to-Peer
937. The following are not included in the de- 942. Why is mining with traditional computers
velopment of cellular networks are not profitable anymore?
A. 2.5G A. They are not optimzed for mining
B. 3.5G B. Too high electricity costs
C. 4D C. No reusage of waste heat
D. 4G LTE D. none of above
938. IPO means 943. What is NOT an advantage of the light-
A. The buyer receives a digital token. A ning network?
variety of rights can be expressed, such A. Tiny fees
as the right to share income or use ser-
B. Higher privacy
vices.
B. It is the initial offering of shares of a C. Central regulation
company to the public or Investors”. D. Nearly instant payments
C. There is a whitepaper and it may re- 944. What is a soft cap in an initial coin offer-
veal the source code of the smart con- ing (ICO)?
tract.
A. To set a minimum amount of cryptocur-
D. May be able to acquire capital from in- rency that must be sold in order for the
vestors around the world. project to proceed
939. The process of encrypting and decrypting B. To create new cryptocurrency
information. C. To manage the network infrastructure
A. Decentralized Application D. To develop new consensus mecha-
B. Cryptocurrency nisms

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1.1 BLOCKCHAIN TECHNOLOGY 98

945. Encryption is the process of converting in- 950. What is NOT a building block of bitcoin?
formation into a code to prevent unautho-
A. Game theory
rized access.
B. Hash functions
A. True
C. NFTs
B. False
D. Consensus mechanism (PoW)
946. All the transactions in blockchain are
available in to pick for block creation 951. What allows the execution of code in

NARAYAN CHANGDER
ethereum blockchain, enhancing the ba-
A. SQL Database sic value transfer capability of Bitcoin
B. Memory Pool blockchain?

C. Cloud A. EVM Proof of work


B. Smart Contracts
D. None
C. Solidity
947. How many types of blockchains are
D. Byte code
there?
A. 6 952. What is IPFS?
B. 2 A. A method for encrypting blockchain
data
C. 4
B. A type of consensus mechanism
D. 3
C. A decentralized file system
E. None of the above
D. An operating system for blockchain
948. What is a Bitcoin transaction? nodes

A. The transfer of Bitcoin from one wallet 953. What is the purpose of a Merkle tree in
to another a blockchain?
B. The transfer of Bitcoin from a wallet to A. To store all the transactions in a block
a physical location
B. To verify the integrity of the transac-
C. The transfer of Bitcoin from a wallet to tions in a block
a virtual location C. To encrypt the transactions in a block
D. None of the above D. To generate new blocks in the
blockchain
949. How are blocks connected in a
blockchain? 954. Digital currency used for transactions
A. They are not connected without the need to go through a third
party is
B. They are connected in a random order
A. Bitcoin
C. Each block is locked to the one before
and after it B. cryptocurrency
C. Doge Coin
D. Each block is independent of the oth-
ers D. Asixx Coin

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1.1 BLOCKCHAIN TECHNOLOGY 99

955. Who created Bitcoin? 959. A crime technique via the internet is to
A. Satoshi Nakamoto use a fake email sender’s name so that
the message appears to be from a differ-

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B. Nick Szabo ent source, is that?
C. John Mcafee A. Malware
D. There’s Lovelace B. Pharming

956. Choose the correct option C. Phishing


D. Spoofing

960. What are the disadvantages of


Blockchain?
A. Slow data collection compared to Cen-
tralize system
B. High data redundancy Logistics
A. Enhanced security
C. There will be conflicting information
B. Instant traceability with long-term use.
C. Decreased efficiency and speed D. The role of Blockchain in telecommuni-
D. Automation cations

957. What is the role of a mining pool in the 961. What is one of the requirements of secure
blockchain network? hashing function?

A. To create new blocks A. It is log function


B. It is a one way function
B. To verify transactions
C. It is designed to be hard to calculate
C. To prevent double-spending attacks
D. It is a secret function
D. To increase the chances of solving the
Explanation:It is not designed to be hard
cryptographic puzzle
to calculate, its inverse is the function that
958. The only efficient use of Blockchain is is hard to calculate (even impossible since
cryptocurrency.Do you agree? it is one-way remember, many inputs
give the same output)

962. Is there a record of transactions in


Blockchain?
A. TRUE
B. Falso

963. It is based on the use of two keys:the


public one (which can be distributed with-
A. MAYBE IN CAPS out any problem to all the people who
need to send you something encrypted)
B. No
and the private one (which should never
C. yes be revealed).
D. I don’t know A. Asymmetric cryptography

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1.1 BLOCKCHAIN TECHNOLOGY 100

B. Hybrid Cryptography 968. In which of the following types of net-


work, a dedicated connection between
C. Symmetric cryptography
two parties is needed for communication?
D. Quantum cryptography
A. TCP/IP
964. How can you exchange cryptocurrencies? B. circuit switching network
A. By buying it with conventional fiat C. packet switching network
money through the exchange D. world wide web

NARAYAN CHANGDER
B. By exchanging them for other cryp-
969. What is the purpose of a smart oracle in
tocurrencies through special exchange
Blockchain technology?
services or decentralized exchanges
A. To provide external data to a smart
C. By transferring it from one wallet to
contract
another
B. To create new cryptocurrency
D. All answers are correct
C. To manage the network infrastructure
965. The data sets are connected proce- D. To develop new consensus mecha-
dure. nisms

970. With VR headsets, people will able to


explore and immerse themselves in digital
worlds and share experiences.
A. be
B. were
A. using cryptographic C. being
B. with a secret one D. been
C. through an encrypted one 971. What is the average block time of
D. through a deciphered one Ethereum?
A. 10 seconds
966. The Hash function is an algorithm that
takes any input of fixed length and gen- B. 10 minutes
erates an output of any length. C. 2-5 seconds
A. True D. 15 seconds
B. False 972. What is a mempool?

967. What is the role of cryptography in A. A type of blockchain


Blockchain technology? B. A list of unconfirmed transactions
A. To secure transactions and ensure pri- C. A node on the blockchain network
vacy D. An alternative to mining
B. To speed up transaction processing
973. In the S-Curve, blockchain can be located
C. To create new cryptocurrency at:
D. To manage the network infrastructure A. The infancy stage

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1.1 BLOCKCHAIN TECHNOLOGY 101

B. The peak of inflated expectations 979. Where are the transactions recorded in a
C. The expansion stage blockchain?

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D. All answers are false A. On a centralized immutable ledger
B. On a distributed immutable ledger
974. In the given list, which of the following
codes in Python removes the node contain- C. On a SQL Database
ing “B” in the data field? D. On a SQLite Database
Explanation:All network participants have
access to the distributed ledger and its im-
mutable record of transactions.

980. How does the immutable ledger frame-


A. B.next = Null
work enhance security in blockchain?
B. A.next=C
A. Allows easy data manipulation
C. Head.next=Head.next.next
B. Maintains a tamper-resistant ledger
D. Head.next=B.next
C. Emphasizes data volatility
975. What is the command for downloading D. Does not prioritize data integrity
a text file myfile1.txt using the command
line in 981. Trust in a decentralized blockchain is
A. Ipfs fetch <hash of myfile1.txt> about (select all correct answer)
B. Ipfs store <hash of myfile1.txt> A. securing the chain using specific proto-
cols
C. Ipfs dld <hash of myfile1.txt>
B. validating the transactions and blocks
D. Ipfs get <hash of myfile1.txt> for tamper proofing
976. Was the term artificial intelligence pro- C. executing and confirming the transac-
posed in the year? tions
A. 1951 D. verifying gas and resources
B. 1954
982. What is Augur? (REP)
C. 1956
A. A public blockchain
D. 1952
B. A private blockchain
977. Did Maersk use robotics in its success C. A fintech market prediction algorithm
story?
D. A decentralized market prediction plat-
A. Falso frorm based on Ethereum.
B. TRUE
983. What is one of the challenges of permis-
978. The order of capacity sizes from small to sioned, also known as private or enter-
large is prise, blockchain?
A. Bit-Byte-Kilobyte-Megabyte A. Speed
B. Bit-Kilobit-Byte-Megabit B. Auditability
C. Byte-Bit-Kilobyte-Megabyte C. Security
D. Gigabyte-Megabyte-Kilobyte-Byte D. Access control

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1.1 BLOCKCHAIN TECHNOLOGY 102

984. What is the purpose of a hash in a block? C. Dissatisfied


A. To create consensus in the network D. ETHASH
B. To store transaction details
988. Bitcoin Price (Approximate)
C. To calculate proof-of-work
A. 3100000
D. To identify a block and its contents
B. 2300000
985. What is Woonkly labs?
C. 2700000

NARAYAN CHANGDER
D. 2400000

989. Something every cryptocurrency coin has


that’s unique and identifies where it sits
on the blockchain. It’s where the coin’s
ownership data is stored and where any
changes are registered when it is traded.
A. Address
B. Block
A. A cryptocurrency C. Blockchain
B. A estonian venture builder focused in
D. Cryptography
blockchain
C. A DEX with a AMM 990. How many types of wallet are there?
D. A NFT social network A. 3

986. What are some important factors to con- B. 2


sider when evaluating a blockchain plat- C. 1
form for enterprise use?
D. 4
A. Scalability, security, consensus mech-
anism, interoperability, governance, and 991. The BITCOIN, ETHEREUM, POLYGON,
developer community support. SOLANAworks on which of the correspond-
B. Transaction speed, user interface de- ing layers of the blockchain?
sign, marketing strategy
C. Price of the platform, popularity
among individual users, availability of cus-
tomer support
D. Number of cryptocurrencies sup-
ported, availability of mobile app, social
media presence
A. Layer 1, Layer 2, Layer 1, Layer 2
987. Hashing algorithm used in Ethereum is
B. Layer 1, Layer 1, Layer 2, Layer 2
A. SHA128 C. Layer 1, Layer 2, Layer 2, Layer 1
B. SHA D. Layer 1, Layer 1, Layer 2, Layer 1

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1.1 BLOCKCHAIN TECHNOLOGY 103

992. “American Express has integrated the 997. What does the acronym NFT stand for?
Hyperledger blockchain to provide reward
points to members based on individual

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products, instead of the spending behav-
ior at a particular merchant”. This is an
example of a
A. Loyalty programme
B. Inbound marketing campaign
C. Blockchain and marketing.
D. Growth hacking
A. New fast token
993. Miners are computers that execute B. Non-fungible token

A. Operations defined by users C. Not fair token


D. Nice fan token
B. Operations defined by blockchain pro-
tocol 998. What makes blockchain technology im-
C. Operations defined by transactions mutable?
A. The use of digital currency
D. none of above
B. The linking of each transaction to the
994. Blockchain provides the means to record prior transaction, and the secure system
and store Bitcoin transactions. So, used to store the data.
blockchain is mostly used for Bitcoin. C. The development of smart contracts
A. True, as Bitcoin is the first use case for D. The decentralized nature
blockchain.
999. Now digital designs and works have a lot
B. False, as Bitcoin is only the first use of value in an NFT market because they can
case for blockchain. be easily duplicated.
A. Falso
995. Blockchain terms (odd one out)
B. TRUE
A. Immutable
1000. Any blockchain solution must be either
B. Delete public or private.
C. Proof of Work A. True
D. Smart Contract B. False

996. Which one of the following can be consid- 1001. What is the main feature of blockchain?
ered as the class of computer threats? A. Decentralization
A. Dos Attack B. Processing Speed

B. Phishing C. Complete Anonymity


D. Unlimited storage capacity
C. Soliciting
Explanation:Blockchain is designed to op-
D. Both A and C erate on a DECENTRALIZED network,

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1.1 BLOCKCHAIN TECHNOLOGY 104

where there is no central authority con- C. A type of data encryption, used to pro-
trolling or governing the entire system. tect information on the internet
Instead, multiple participants, known as D. A type of web application that allows
nodes, DISTRIBUTE a complete copy of users to interact with each other through
the ledger and collaborate to validate and digital transactions
record transactions.
1007. Which industry was mentioned as mak-
1002. Which of the following is not the prop- ing blockchain a household term?
erty of money?

NARAYAN CHANGDER
A. Healthcare
A. Divisible
B. Supply chain
B. Stable
C. Cryptocurrency
C. Durable
D. Energy
D. Verifiable
1008. What is a DAO in Blockchain technol-
1003. What is one of the requirements of se- ogy?
cure hashing function.
A. A decentralized autonomous organiza-
A. It is an ECC function tion
B. It is a one way function B. A type of cryptocurrency
C. It is a log function C. A database table
D. It is a secret function D. A computer program
1004. What is proof of stake? 1009. What is a core aim of blockchain for busi-
A. A. A way to prove ownership of coins ness implementations?
on a blockchain A. Provide irrefutable proof of a set of
B. B. A way to define creators of blocks facts
C. C. A way to prove amount of stake held B. Share information anonymously
on a blockchain across a business network
D. None of A, B, C C. Optimize mining of cryptocurrency
Explanation:Proof-of-Stake (PoS) is a cryp- D. Reduce disputes in the business net-
tocurrency consensus mechanism used work by allowing incorrect transactions to
to validate transactions through randomly be deleted
selected validators.
1010. Where are the most bitcoin nodes dis-
1005. Users must explicitly purchase gas be- tributed?
fore using a Blockchain solution
A. United States
A. TRUE
B. Europe
B. FALSE
C. Asia
1006. What is Blockchain? D. Rest of the world
A. A distributed and immutable database,
managed by a peer-to-peer network 1011. Nonce is a

B. cryptocurrency, created by a person A. Fixed value


with the nickname SatoshiNakamoto B. Random value

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1.1 BLOCKCHAIN TECHNOLOGY 105

C. Increase by 1 for each block 1017. Blockchain technology used in education


for
D. None

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A. proof of learning
1012. Hypermedia Distributed File System is
B. management of credentials and tran-
scripts
A. A mesh network
C. management of student records
B. A multimedia content distribution sys-
D. management of reputation and pay-
tem
ments
C. A content-based addressing system
E. all the above
D. A content delivery network
1018. What will become redundant in an Econ-
1013. What is the purpose of a genesis file in omy of Things due to the use of Distributed
a blockchain? Ledger Technologies?
A. To prevent replay attacks A. Decentralized businesses
B. To store the initial block of the B. Vulnerability to attacks
blockchain
C. Intermediaries
C. To generate new blocks in the
D. Smart contracts
blockchain
D. To verify the integrity of the blockchain 1019. What is a blockchain?
A. A type of cryptocurrency
1014. What is the main advantage of using
Blockchain technology? B. A chain of blocks that contains informa-
tion
A. Increased security
C. A digital notary
B. Faster transaction speeds
D. A type of ledger used in accounting
C. Lower costs
D. More efficient data storage 1020. The result of the encryption process is
A. Plaintext
1015. An advantage of blockchain technology
is its low implementation cost B. Ciphertext
A. TRUE C. Mutext
B. FALSE D. Scrambletext

1016. Mention one of the technologies that 1021. DAO stands for:
make up Blockchain
A. Decoupled Application Overture
A. Artificial intelligence
B. Decentralized Autonomous Organiza-
B. Red P2P tion
C. Databases C. Distributed Autonomous Organization
D. Mobile development D. Decentralized Autonomous Offer

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1.1 BLOCKCHAIN TECHNOLOGY 106

1022. Which of the following token standards 1028. What characteristic makes blockchain
is used for non-fungible, nontransferrable- tamper proof?
assets on the Ethereum Blockchain?
A. VPN
A. ERC20
B. Immutability
B. Demobilize 1
C. Crypto currency
C. 08
D. servers
D. ERC1014

NARAYAN CHANGDER
1029. Advantages of Merkle tree
1023. What is the alternative approach for use
A. Integrity
cases with higher transaction rate require-
ments in DLT? B. Get required hash
A. Artificial Intelligence C. Data validation
B. Directed Acyclic Graph (DAG) D. Fast and easyproof computation
C. Cloud Computing
1030. After a hard fork, the emerging two
D. Blockchain chains are incompatible. True or False?

1024. Multi-sig address in Bitcoin begins with A. TRUE


a character 3. True or False? B. FALSE
A. True
1031. IPFS is strictly blockchain based. True or
B. False False?
1025. Is poor internal company management A. True
an inconvenience within the last mile? B. False
A. TRUE
1032. How does blockchain provide security in
B. Falso financial transactions?
1026. What is encryption? A. By using encryption techniques to pro-
tect data.
A. A mechanism for not making informa-
tion more readable B. By requiring physical verification of
B. A technique for making information in- transactions.
comprehensible to unauthorized persons C. By eliminating the need for user au-
C. A method to reduce the space occu- thentication.
pied by information D. By relying on centralized authorities
D. None of the above for transaction validation.

1027. The creator of blockchain is 1033. What is the correct response?


Blockchain’s contribution helps:
A. Dr. Nakazaki too
A. Expensive transaction costs & faster
B. satoshi naruto transaction speeds
C. Satoshi Nakamoto B. Controlled by major financial institu-
D. In Cremona tions

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1.1 BLOCKCHAIN TECHNOLOGY 107

C. Save costs by eliminating intermedi- C. There is no difference between a


aries but slow transaction and payment transaction and a block
speeds

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D. A transaction is a type of cryptocur-
D. Increase transparency, reduce fraud rency, while a block is a type of database
and negativity due to data immutability
1038. In 2021 Mike Winklemann, also known
1034. A set of software and hardware tools as Beeple, sold this NFT for
used to manage engineering and technical
equipment and household appliances in a
house or apartment
A. “Smart home” system
B. Enterprise security system
C. Analytics system
D. Quality control systems
A. $69 million
1035. Basing on the reading, blockchain might B. $1 million
be combined with other emerging technolo-
C. $75, 000
gies, such as:
D. $66, 666
A. Digital twins
B. 3D printing 1039. Blockchain becomes the basis for
C. Biometrics A. cryptocurrencies
D. All the answers are false B. blockchain gaming
C. digital payment technologies
1036. Which of the following statements is
NOT true? D. All answers are correct.
A. Bitcoin was designed to be an alterna- 1040. Digital assets mean
tive to traditional currency
A. A decentralized financial system using
B. Ethereum has multiple applications in digital currencies as the medium of trans-
addition to being an alternative to tradi- actions.
tional currency
B. Electronic data units used as a medium
C. The ethereum network’s currency is for exchanging goods and services are
called ethcoin. created in digital form.
D. A smart contract is a program that C. A computer program that can execute
runs on the Ethereum blockchain. an agreement by Automatically as soon as
an event occurs according to the specified
1037. What is the difference between a trans- contract conditions.
action and a block in Blockchain technol-
ogy? D. Digital wallets are used for trading dig-
ital goods.
A. A transaction is a single record, while
a block is a group of transactions 1041. Which of the tools below are used to de-
B. A transaction is a group of records, velop blockchain?
while a block is a single record A. VS Code

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1.1 BLOCKCHAIN TECHNOLOGY 108

B. Figma 1046. What is the name of the cryptocurrency


associated with this picture?
C. Canva
D. StarUML

1042. The very first cryptocurrency. It was


created in 2008 by an individual or group
of individuals operating under the name
Satoshi Nakamoto. It was intended to

NARAYAN CHANGDER
be a peer-to-peer, decentralized electronic
cash system.
A. Crytocurrency
A. Doccocoin
B. Altcoins
B. Dokakin
C. Blockchain
C. Dogecoin
D. Bitcoin
D. Dogcoin
1043. What does UTXO stand for? 1047. How do state channels solve the scala-
A. Unspent Trade Offer bility issue?
B. Unique Transaction Offer A. Transactions operate independently of
the main chain with no synchronization.
C. Unspent Transaction Xeroxed Output
B. Transaction operate at a much higher
D. Unspent Transaction Output speed since they synchronize continu-
ously the main chain.
1044. What was the reason for Satoshi
Nakamoto’s paper? C. Transaction operate at a much higher
speed and synchronize periodically with
A. To introduce the concept of digital cur- the chain.
rency
D. none of above
B. To solve the problem of double-
spending 1048. In PoW (proof of work), minors will get
C. To create a secure peer-to-peer net- A. Transaction Fee
work B. Mining reward
D. To promote the use of blockchain tech- C. Fixed reward
nology
D. No reward
1045. What is one advantage of using 1049. Each block in a blockchain consists of
blockchain technology for cross-border which of the following? HINT:you need to
payments? choose more than one.
A. Reduced transaction costs A. A hash pointer to the previous block
B. Increased efficiency B. Timestamp
C. Enhanced transparency C. List of transactions
D. Reduced fraud D. Name and surname of sender

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1.1 BLOCKCHAIN TECHNOLOGY 109

1050. an example of SaaS is? B. A digital data storage system includes


A. Office 365 records connected through a database
system

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B. Adobe Dreamweaver
C. Digital data storage systems include
C. Gmail records connected via an Internet system
D. Zoom D. Digital data storage systems include
records connected through a crypto-
1051. What are the disadvantages of graphic system.
Blockchain:
1056. These are some of the components of
A. Consumes a lot of electrical energy
the Fabric model.
B. Difficulty in upgrading and mainte-
A. Peers
nance
B. Assets
C. Possibility of losing assets when losing
private key C. Identity

D. All answers above D. Channels


E. All of the above
1052. The Community of Practice program
starting in 2021 is: 1057. is a unique address that users can
share with others to receive payments.
A. Robotic Process Automation
A. Public Key
B. Blockchain
B. Private Key
C. Information and Cyber Security
C. Blockchain Key
D. All true
D. none of above
1053. How would you best define BlockChain? 1058. What is the use of blockchain?
A. BlockchainI4.0Computable
B. ImmutableDecentralizedTrusted
C. Open SourceSmart ContractInmutable
D. N.A.

1054. What are the benefits of Blockchain?


A. Earn money
A. Security and Speed
B. Buy cryptocurrencies
B. Fraud Control And Access levels C. Upload, transfer or encrypt informa-
C. No hidden Fees tion in a secure and recentralized manner
D. All of the above D. Send messages

1055. What is the meaning of “Blockchain” it- 1059. What is the backbone for future transac-
self? tions and verification processes according
to the text?
A. A digital data storage system includes
records connected through a security sys- A. Blockchain
tem B. Virtual Reality

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1.1 BLOCKCHAIN TECHNOLOGY 110

C. Cloud Computing 1065. What do we mean to say by “mining


D. Artificial Intelligence Bitcoins”?
A. A clearing transaction of Bitcoins
1060. Which of the following is a key charac-
teristic of blockchain infrastructure? B. A creation of Bitcoins in each block

A. Centralized control C. A change in the money supply of Bit-


coins
B. Transparent and tamper-resistant
D. All

NARAYAN CHANGDER
C. Offline transactions
D. Slow processing speed 1066. Asymmetric encryption uses
A. Public Keys only
1061. What is the original purpose of
blockchain technology? B. Private Keys only
A. To power bitcoin C. Public and Private Keys
B. To track medical records D. Proof of Stake
C. To record land titles 1067. Base 58 encoding scheme has fewer
D. To store financial transactions distinct symbols than Base64 encoding
scheme to
1062. In which industry can blockchain be used
A. Make it easier for humans by eliminat-
to create tamper-proof land records and
ing ambiguous character
streamline property transactions?
B. Reduce the complexity by remove 8
A. Film production
characters
B. Real estate
C. Remove possibility of breaks in code
C. Fine dining because of character like and
D. Music and entertainment D. Remove bugs arising due to common
string operation character like +
1063. How can blockchain technology be used
in the healthcare sector? 1068. Which of the following is the correct
A. To track the origin and journey of prod- term from web 2.0?
ucts A. Read, Write, Own Web
B. To manage digital identities B. Read-only Web
C. To store and secure electronic health C. Read and Participative Web
records
D. Participative Social Web
D. To automate royalty payments
1069. Blockless platforms offer which advan-
1064. What is Blockchain? tage?
A. A distributed ledger technology. A. Lower cost
B. A programming language B. Greater transaction processing capac-
C. A data encryption method ity
D. A decentralized social network C. Guaranteed smaller network size
E. A type of storage device D. Greater storage space on the ledger

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1.1 BLOCKCHAIN TECHNOLOGY 111

1070. What is a genesis block? C. Irreversible transactions.


A. The first block of a Blockchain D. Distributed ledger technology.

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B. A famous block that hard coded a hash 1076. what does the block in the blockchain
of the Book of Genesis onto the blockchain consists of?
C. The first block after each block halving A. transaction data
D. The 2nd transaction of a Blockchain B. A hash point
1071. What impact does Blockchain have on C. A time stamp
transaction efficiency D. all the above
A. Makes transactions faster and re-
1077. The operating scheme illustrated in the
duces mistakes
image concerns:
B. Increases the likelihood of errors in
transactions
C. Slows down transaction processing
time
D. Has no impact on transaction speed or
accuracy

1072. A new block is added to the Blockchain A. Peer to Peer


after all nodes in the network validate the B. Mining
transaction.
C. Bitcoin
A. True
D. Blockchain
B. False
1078. In Blockchain Blocks are linked
1073. Which of the following is a type of cloud
computing service? A. Backward to the previous block

A. Service-as-a-Software (SaaS) B. Forward to next block


C. Both
B. Software-and-a-Server (SaaS)
D. none of above
C. Software-as-a-Service (SaaS)
D. Software-as-a-Server (SaaS) 1079. is a unique, fixed-size string of char-
acters that represents a block and its con-
1074. What is the name of the untraceable tents.
web network?
A. Transactions
A. Deep Web
B. Nodes
B. Privacy Web
C. Hash
C. The Onion Router
D. Mining
D. Secret Network
1080. What is a block in Blockchain technol-
1075. Blockchain is also known as? ogy?
A. Sales transaction records. A. A group of transactions
B. Big book for taking notes. B. A type of cryptocurrency

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1.1 BLOCKCHAIN TECHNOLOGY 112

C. A database table B. 4
D. A computer program C. 5
D. 6
1081. What is a private key in the context of
blockchain? 1085. Who is not one of the speakers at
A. The secret code used to access a Studium Generale today?
user’s blockchain account A. Dr. Tri Kuntoro Priyambodo, M.Sc.
B. A public address for receiving cryp- B. Tri Febrianto, CEI., CEH., CHFI.

NARAYAN CHANGDER
tocurrencies C. Idham Ananta Timur, S.Si, M.Kom.
C. A unique identifier for a blockchain D. And. Ben Kunta Pradeks, M.Sc.
transaction E. Drs. Bambang Nurcahyo Prastowo,
D. A record of all previous blockchain M.Sc
transactions
1086. A blockchain is similar to the common In-
1082. Bretton Woods agreement in 1944 was ternet, since it allows information to be up-
mainly to establish loaded and downloaded and modified eas-
ily.
A. trust
A. Falso
B. provenance
B. TRUE
C. value of currency
1087. A block in a blockchain has a header and
D. trade exchange

1083. The following is a description of optical A. Digital Ledger


computing is B. Inputs
A. Uses synthetic DNA to store data C. Bitcoins
B. Uses lasers and light, not electricity D. Transactions
C. Using nano technology 1088. Bitcoin technology allows payment
D. It uses quantum mechanics and stores transactions directly between network
information in the form of particles users without a central authority.
A. True
1084. The place to place the Main Memory is
indicated by a number B. False
1089. The money is:
A. A medium of exchange
B. Allows us to carry out transactions
C. It is a capitalist objective
D. It’s magic
1090. Blockchain technology is a mix of sev-
eral technologies
A. True
A. 3 B. False

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1.1 BLOCKCHAIN TECHNOLOGY 113

1091. What is smart contract? B. Contracts


A. Decentralized code intended to exe- C. Cryptography

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cute when predetermined conditions are D. Algorithm
met
B. Decentralized code to check the num- 1096. Immutable data means?
ber of participants in blockchain
C. Decentralized code to allow communi-
cation in P2P network
D. None of the above

1092. Which of the following is a valid hash to


add in a block?
A. 010 with font 4asdf
B. 0000e4562d78402 A. Data can be easily modified.
C. 10 F 456 Sass is scary B. Data is Vulnerable.
D. 001234edac56ca C. Data is difficult is to change
D. Data can be erased.
1093. To have a useful blockchain use-case,
which one DON’T we need? (We need 1097. State the main feature of Blockchain
three of them, which is the other?)
A. Creating money without the involve-
A. More than one entity need to con- ment of banks
tribute data
B. Elimination of money laundering
B. Data records must never be deleted af-
C. A common database shared between
ter being written
people without the need for trust
C. We need to hide our confidential data
D. Saving energy in financial transactions
that is written to the blockchain
D. Entities contributing data must have a 1098. Which consensus protocol requires
conflict of interest nodes to have a certain amount of cryp-
tocurrency as a stake to participate in
1094. What information does the Connecttion block validation?
tab of the IPFS provide?
A. Practical Byzantine Fault Tolerance
A. The details of the peers currently con- (PBFT)
nected to the IPFS
B. Delegated Proof of Stake (DPoS)
B. Have-Want table of BitSwap
C. Proof of Stake (PoS)
C. Network statistics about the user’s in- D. Proof of Authority (PoA)
ternet connection
D. none of above 1099. What does P2P stand for?
A. Password to Password
1095. Mathematical methods that allow you
to keep information secret and confirm B. Peer to Peer
your identity C. Product to Product
A. Chains D. Private Key to Public Key

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1.1 BLOCKCHAIN TECHNOLOGY 114

1100. How long is Bitcoin’s block time, in min- B. Proof of Stake (PoS)
utes? C. Mempool
A. 1 minute
D. Smart contract
B. 2 minutes
1106. What is the role of miners in Bitcoin?
C. 5 minutes
D. 10 minutes A. To confirm and process transactions
B. To create new Bitcoins
1101. Which of the following is popularly used

NARAYAN CHANGDER
for storing bitcoins? C. Both confirm/process transactions
and create new Bitcoins
A. pocket
D. None of the above
B. wallet
C. box 1107. What is the purpose of the IBM Food
D. stack Trust blockchain?
A. Tracking shipping containers
1102. What is the cryptography algorithm
used in Blockchain? B. Ensuring transparency in food
A. AES C. Making global payments more efficient
B. SHA-256 D. Decentralized identity
C. Keccak 1108. In order to prevent forgery and main-
D. USB tain transaction integrity, a is gener-
ated uniquely for every transaction, and
1103. Bitcoin is a cryptocurrency, which is an therefore cannot be reused for another
application of Blockchain. transaction.
A. True A. Public signature
B. False
B. Private signature
1104. What are the security considerations C. Transaction signature
when using a public blockchain?
D. Crow’s foot
A. Blockchain immutability, low energy ef-
ficiency, regulatory compliance 1109. The transaction speed is very high for
B. Data privacy concerns, slow transac- A. Proof of work
tion speed, limited governance
B. Proof of Stake
C. Lack of transparency, scalability is-
C. Proof of history
sues, high transaction fees
D. Unauthorized access, 51% attacks, se- D. none of above
cure key management, smart contract vul-
1110. Bitcoin is based on blockchain.
nerabilities
A. Private
1105. It is the place where all valid transac-
B. Public
tions wait to be confirmed by the Bitcoin
network. C. Public Permissioned
A. Proof of Work (PoW) D. Permissioned

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1.1 BLOCKCHAIN TECHNOLOGY 115

1111. Find Odd one out 1116. Which of the following is not the benefit
of Blockchain Technology?
A. Immortal

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A. Public Perception
B. Centralized
B. Security and Privacy
C. Cyrptocurrency
C. Immutability
D. Hash
D. Control of Data
1112. What is an enterprise blockchain?
1117. the name of a Tunisian startup that spe-
A. A public blockchain accessible to any-
cializes in blockchain
one
A. JBM
B. A blockchain used for personal trans-
actions B. EY
C. A private or permissioned blockchain C. sqoin
designed for use within a specific organi- D. none of above
zation or group of organizations.
D. A blockchain that is not secure 1118. Indicate which of these is malware
whose aim is to extort information from
1113. Bitcoin derives value through which the PC that is infected.
method? A. Virus
A. Collapse of national banks B. Backdoor
B. Insider dealing C. ransomware
C. Scarcity D. rootkit
D. ETF trading
1119. 2 different messages cannot have the
1114. What is the meaning of the word same hash value. Which property of the
Crypto? hash function corresponds to this?

A. Mathematics A. Fixed hash size

B. Hidden B. You can’t guess

C. Virtual C. Irreversibility

D. Electronics D. No collision
E. Landslide effect
1115. are self-executing contracts that are
written directly into lines of code, and 1120. Which of the following are dimensions
they can be stored and replicated on the which can be used to categorize the cryp-
blockchain network. tographic system?
A. Transactions A. Type of Operations
B. Consensus B. Number of Keys
C. Blocks C. Processing of Plaintext
D. Smart Contracts D. All of the Above

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1.1 BLOCKCHAIN TECHNOLOGY 116

1121. Developing a user interface for a public C. Both are correct


Blockchain application requiresdevelopers
D. none of above
to learn new skills.
A. TRUE 1128. is a process used to ensure that all
B. FALSE nodes on the network agree on the state
of the blockchain.
1122. This refers to crypto storage that uses A. Transactions
online software to protect private keys to

NARAYAN CHANGDER
our assets B. Consensus
A. Hash table C. Blocks
B. Hot storage wallet D. Mining
C. Hardware store wallet
1129. What is a genesis block?
D. Cold storage wallet
A. Last block
1123. One of the types of Ransomware
B. First Block
A. Andromeda
C. Previous hash connecting the subse-
B. Wannacry quent block
C. Wincrypt D. None
D. Pegasus
1130. Look up the definition of “pseudonym”.
1124. The Gyanith App/Website through What is the meaning?
which you registered is an example of
A. a fictitious name
A. Web 3.0
B. a bitcoin
B. Web 2.0
C. a country
C. Web 1.0
D. a food
D. none of above

1125. Like regular money, an unlimited 1131. What is mentioned as a potential risk
amount of Bitcoin can be created when investing in the crypto world?
A. True A. Stable prices
B. False B. Regulated environment

1126. Public key can be generated from C. Fraudulent activity

A. Master key D. Predictable market trends


B. Private key 1132. The hidden text or data in cryptography
C. Secret Key is called as
D. None A. Hidden text
1127. Works like a normal currency B. Crypto text
A. Coin C. Private text
B. Token D. Cipher text

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1.1 BLOCKCHAIN TECHNOLOGY 117

1133. When we find a situation similar to this B. Identification records and online pri-
on our computer it means that: vacy

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C. Banking transactions and financial in-
vestments
D. Social media platforms and video
streaming

1138. Which of the following is NOT a require-


ment for cryptographic hash functions?
A. Your PC is infected with Ransomware
A. Pre-image resistance
B. We accidentally renamed a series of
files B. 2nd pre-image resistance
C. This is a zipped folder C. Collusion resistance
D. They are backup files that we need to D. Output must start with a few zeros
restore
1139. Which is the major problem tackled by
1134. What is the purpose of a Bitcoin ad- the Bitcoin that gave it a mass acceptance?
dress? A. Authentication
A. To identify the sender of a transaction B. Integrity
B. To identify the recipient of a transac- C. Double Spending
tion D. Anonymity
C. To store bitcoins
1140. What is the difference between a hot
D. To encrypt transactions wallet and a cold wallet in Blockchain tech-
1135. Meaning of the word ‘crypto’ in cryp- nology?
tocurrency A. A hot wallet is connected to the inter-
net, while a cold wallet is not
A. Digital Asset
B. A hot wallet is more secure than a cold
B. Data
wallet
C. Secret
C. A cold wallet is more transparent than
D. Money a hot wallet
1136. How does blockchain enhance security in D. There is no difference between a hot
digital transactions? wallet and a cold wallet
A. Increased centralization 1141. What should we do if our PC is infected
B. Reliance on third-party intermediaries by Ransomware?
C. Encryption and decentralized consen-
sus
D. Public disclosure of private keys

1137. What are some non-cryptocurrency ap-


plications of blockchain?
A. Supply chains and online shopping A. Restore the latest Backup

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1.1 BLOCKCHAIN TECHNOLOGY 118

B. Pay the ransom 1147. What are the three key developments
C. Change computers that need to occur concurrently for the real-
ization of the vision of most blockchains?
D. Search online for the decryption key
A. Biotechnology, renewable energy,
1142. The technology behind blockchain is space exploration
A. distributed chains B. Nanotechnology, robotics, 3D printing
B. one main database C. Artificial intelligence, virtual reality,

NARAYAN CHANGDER
C. distributed secure database quantum computing

D. none of above D. Internet of Things, digitization, ad-


vanced analytics
1143. What is a private key?
1148. what is the first step of blockchain mech-
A. A key on your key chain anism
B. A key is given to the public A. the security system
C. A key NOT to be given to the public B. decentralization of management
D. A key that opens a secret door C. identification
1144. Which statement is incorrect? D. transaction
A. Blockchain is commercial banking 1149. When did blockchain technology start
based on the internet. gaining relevance in developed countries?
B. Blockchain Wallet is like a place to
A. 1991
store keys and a money safe. in a safe
place B. 2008
C. Private keys in Blockchain are there- C. 2010
fore like Key to unlock the safe D. 2020
D. Blockchain Address is therefore simi-
1150. Most Fintech applications are
lar to money safe
A. Mobile Wallets
1145. Block hash is calculated using
B. Web applications
A. Block header + Block body
C. Card based payments
B. Block body only
D. None of all above
C. Block Header only
D. None 1151. A public closed Blockchain allows which
of the following?
1146. What characteristic does NOT corre- A. Many people can write, only a few can
spond to an NFT? read
A. It is not fungible B. Many people can read and write data
B. Rastreables C. Only a few people can write data,
C. Indivisibles many can read
D. Non-transferable D. All of the above
E. None correspond E. None of the above

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1.1 BLOCKCHAIN TECHNOLOGY 119

1152. What is the main purpose of token net- 1157. What are some of the Hyperledger
works in the blockchain? tools?

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A. To create a secure database A. Fabric, Sawtooth
B. To create incentive structures B. Composer, Explorer
C. To automate blockchain operations
1158. How much Bitcoin to buy 1 Pizza in the
D. To manage technology infrastructure first transaction?
1153. Blockchain technology is made up of 3 A. 10 BTC
elements which are; B. 500 BTC
A. Users, Blocks and Nodes C. 5.000 BTC
B. Blocks, Miners and Nodes D. 10.000 BTC
C. Blocks, Chains and Nodes
1159. How does blockchain contribute to build-
D. none of above
ing trust in the new sharing economy?
1154. Blockchain is has cryptographic algo- A. By centralizing control
rithms
B. Through increased anonymity
A. Yes
C. Providing transparency and security
B. No
D. Ignoring encryption
1155. When looking at open vs closed
blockchains it is important to look at who 1160. The most secure online authentication
can data from the blockchain. system currently
A. Read A. Scruff
B. Write B. Username + Password
C. Define C. Touch ID
D. Download D. Face ID

1156. Choose the correct option 1161. Data on transfers, transactions (trans-
actions) and contracts presented in the sys-
tem in cryptographic form
A. Chains
B. Contracts
C. Cryptography
A. considered as the accounting ledger D. Blocks
operating in the digital field
1162. One of the goals of the Operating Sys-
B. designed to resist data change when a tem is to make users feel ease and comfort
Blockchain chain is managed by a decen- in using the Operating System.
tralized network
A. Efficiency
C. suitable for event recording, medical
records, transaction processing, notariza- B. Evolution
tion, identity and proof of origin C. Robustness
D. All are correct D. Convenience

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1.1 BLOCKCHAIN TECHNOLOGY 120

1163. Technologies that enable active use of 1168. The advantage of Blockchain is based on
LoT as a whole or in segments, in combi- the ability to track transactions in any par-
nation with other informational, technical, ticipating system
economic or humanitarian systems A. Decentralization
A. Blocks B. Full transparency
B. Environment (infrastructure) C. Confidentiality
C. Base D. Confidence

NARAYAN CHANGDER
D. Platform E. Compromise
1164. Which of these statements is true about 1169. P2P network, a network that works
blockchain WITHOUT clients or fixed servers. They
A. The blockchain is excellent for storing are nodes that behave as equals to each
information related to each other in a cas- other.
cade of which a historical record must be A. TRUE
kept
B. Falso
B. Blockchain is a fad that will soon be for-
gotten by everyone 1170. Does Bitcoin and Ethereum use peer-to-
peer gossip protocol?
C. Blockchain is the only way information
will be stored in the future given its supe- A. True
riority over traditional databases B. False
D. All of the above 1171. What is a blockchain?
1165. What is the first type of cryptocur- A. A Currency
rency? B. A Centralized ledger
A. Bitcoin C. Decentralized Ledger
B. Litecoin D. All of the above
C. Ripple 1172. How does blockchain technology en-
D. NEO hance collaboration and trust between or-
E. Ethereum ganizations and individuals?
A. By centralizing data access
1166. Bitcoin is known as:
B. By eliminating data sharing
A. Una red social
C. By creating a shared database
B. The first decentralized cryptocurrency
D. By restricting data access
C. A type of smart contract
D. A web browser 1173. A blockchain is a centralized and
closed blockchain, where only authorized
1167. The time stamp for the genesis block of participants can read and write to the
BTC is on blockchain.
A. 2009-01-03 A. Federated
B. 2009-01-01 B. Hybrid
C. 2008-01-01 C. Consortium
D. none of above D. Private

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1.1 BLOCKCHAIN TECHNOLOGY 121

1174. What is metaverse? 1179. Every smart contract will start with a
A. A parallel world in three dimensions keyword

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B. A real world with physical interactions A. Contract
C. A platform to listen to music B. Pragma
D. A futuristic current of thought C. Ethereum

1175. Blockchain has versions. D. Smart

A. 1 1180. In genesis file alloc:{ } represents


B. 2 A. Wallet Address
C. 3 B. Allocated hash vale
D. 4
C. Wallet address and number of ethers
1176. What is the command to add a file D. None of the above
logo.txt to the IPFS using command line in-
terface? 1181. How can you avoid becoming a victim of
A. Ipfs add logo.txt the ‘Rug Pull’ crypto project?

B. Ipfs pin logo.txt A. By only investing in well-known and


reputable cryptocurrency projects
C. Ipfs send logo.txt
B. By being wary of celebrity endorse-
D. Ipfs cat logo.txt
ments of cryptocurrency projects
1177. What is a smart contract? C. Carefully research the project and the
A. Automated, self-enforcing contract builder before investing
B. A well written agreement between two D. All answers are correct
people
1182. What is the Candlestick Axis used to
C. A piece of software providing off-chain
represent?
data
A. The opening price of an asset
D. A paper-based contract
B. The closing price of an asset
1178. Basically, there are three different
types of Blockchain networks, which are: C. The high price of an asset
A. Versatile Blockchains, Inflexible D. The distance between the Candlestick
Blockchains and Hybrid Blockchains. body and the high or low price of an asset
over a certain period of time
B. Unpermissioned Blockchains, Per-
missioned Blockchains and Hybrid 1183. What is the consensus mechanism that
Blockchains. uses computing capacity of the members
C. Blockchains totais, Blockchains prciais to validate the transactions?
e Blockchains híbridas
A. Proof of Stake
D. Blockchains fechadas, Blockchains
B. Proof of Authority
abertas e Blockchains híbridas.
C. Proof of Work
E. Blockchains nacionais, Blockchains in-
ternacionais e Blockchains híbridas D. Delegated Proof of Stake

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1.1 BLOCKCHAIN TECHNOLOGY 122

1184. Which of the following uses a decentral- C. Hal Finney


ized ledger architecture for financial data D. Charlie Lee
management
A. Internet Banking 1190. Blockchain owes its name to
B. Mobile Wallet A. the way money travels
C. Mobile Banking B. a prisoner who was innocent
D. Blockchain C. its creator, because he lived in a big

NARAYAN CHANGDER
block
1185. First Established DAO in 2016 was
D. the way it stores transaction data-in
A. Curve DAO blocks that are linked together to form a
B. The DAO chain.
C. Maker DAO 1191. Which Public key crypto algorithm is
D. Uniswap used in Bitcoin for signing and verification?
1186. 3rd highest market cap of cryptocurren- A. ECDSA
cies? B. RSA
A. Cardona C. He wanted
B. BNB D. AES
C. Tether
1192. What does C stand for in ABCDEFG Dig-
D. Ethereum ital Transformation?
1187. What can an IT leader use enterprise A. Competition Focus
blockchain for? B. Customer Service
A. Streamline supply chains
C. Customer Obsessed
B. Improve financial transactions
D. Competition Obsessed
C. Provide identity management
1193. What is the output size of hash func-
D. All of the above
tion?
1188. The blockchain is a technology that: A. same as input size
A. Only used for cryptocurrencies B. random size
B. It is a type of artificial intelligence C. fixed size
C. Record transactions in linked, secure D. None of the above
blocks
D. It is used exclusively in the financial 1194. What are UTXOs in a Bitcoin
sector Blockchain?
A. a) These are transaction output that
1189. Who is credited with the invention of
has been expended.
Bitcoin and the initiation of blockchain tech-
nology? B. b) These are rewards for miners.
A. Satoshi Nakamoto C. None of the Above.
B. Vitalik Buterin D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 123

1195. What is a Blockchain system divided B. NO, blockchain is also used for various
into? other fields related to technology and dig-
italization.

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A. On different computer systems
B. In different cryptocurrencies 1201. People who update the blockchain are
called:
C. In internet applications
A. workers
D. In blocks that store data and hashes
B. miners
1196. A set of rules that enable network soft-
C. losers
ware and negotiate with sites on the net-
work D. scientists
A. Hash function 1202. Bill Gates has commented on Bitcoin and
B. Mining said, ““Bitcoin is better than currency”.
C. Consensus mechanism A. True

D. A chain of blocks B. False

1197. Encryption process to control the cre- 1203. Colombia is in the first 20 countries with
ation of coins and to verify transactions the highest adoption of cryptocurrencies
is called A. FALSE
A. Cryptographic B. TRUE
B. Mining 1204. NFT full-form
C. Decentralization A. Non-fungible Token
D. Proof-of-work B. National Football Team
1198. Advantages of Blockchain technology C. Non-Financial Transaction
for any organization: D. Non-Fungible Token
A. availability, integrity and confidential-
1205. In the world of Blockchains, people refer
ity
to a trilemma, postulating that Blockchains
B. static, dynamic must follow:
C. inner, outer, middle A. Theory, practice and speed.
D. safety, distance and protection B. Internationalization, fluidity and econ-
omy.
1199. Who created Bitcoin and when?
C. Agility, traceability and innovation.
A. Elon Musk-2009
D. Cryptography, demand and distribu-
B. Satoshi Nakamoto-2006 tion.
C. Satoshi Nakamoto-2009 E. Scalability, decentralization and secu-
D. Mario Bros-2015 rity.

1200. Is Blockchain technology only used for 1206. The first block in blockchain is
Crypto Asset transactions? A. Root Block
A. YES, only for Crypto Asset transactions B. First Block

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1.1 BLOCKCHAIN TECHNOLOGY 124

C. Current Block 1213. Regarding to NFTs


D. Genesis Block A. In 2023 they are located at the Peak of
1207. What major phase does Grid+ replace in inflated expectations on Gartner’s curve
the energy supply chain? B. Opensea is like a market to buy these
A. Transmission digital assets
B. Distributton C. In S-Curve they are finishing the ex-
pansion stage

NARAYAN CHANGDER
C. Production
D. Retail D. All answers are false
1208. Example of public blockchain
1214. Is Blockchain the same as Bitcoin
A. Factom
A. The same
B. Hyperledger
C. Ethereum B. Not the same
D. Ripple
1215. IPFS stands for:
1209. Which network has multiple central
owners? A. Internet Protocol File System

A. Centralized network B. Inter Planetary File System


B. Decentralized network C. Inner Planetary File System
C. Distributed Peer-to-Peer network
D. Internet Public File System
D. none of above

1210. The “blockchain” is data that copied 1216. A blockchain is a type of blockchain
across thousands and thousands of com- where the consensus is controlled by a pre-
puters worldwide selected set of nodes, rather than all nodes
in the network.
A. False
A. Federated
B. True
B. Hybrid
1211. Where is the blockchain stored?
A. SD card C. Consortium
B. Database D. Private
C. Flash Disk
D. Hard Disk 1217. The technology of storing data and infor-
mation about the processing of this data
1212. What does Blockchain verification of has a unique working position:
NFTs establish?
A. Smart home technology
A. Fungibility
B. Blockchain
B. Digital scarcity
C. Uniqueness C. Bigdata
D. Tangibility D. IoT

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1.1 BLOCKCHAIN TECHNOLOGY 125

1218. What type of Wallet is safer to store B. Centralized repository


our cryptocurrencies? C. Decentralized database

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A. A centralized exchange that allows us
D. Cloud-based storage
to have the seeds of recovery
B. A decentralized exchange that allows 1224. How do coins differ from tokens?
us to have the seeds of recovery A. They include currency features
C. A public and centralized wallet since it B. They are physical
allows us to have our recovery seeds.
C. They are backed by governments
D. A decentralized wallet that allows us
to have our recovery seeds. D. They run on stand-alone blockchains

1219. What are challenges for smart contracts 1225. Blockchain technology a viable solu-
and oracles? tion to many tech challenges in the near
A. New programming languages future.

B. Regulatory aspects A. becomes


C. No perfectly accepted and established B. is becoming
standards C. became
D. Data security D. are becoming
1220. Public Blockchains are ideal solutions 1226. When was Tokocrypto founded?
when data sovereignty is a concern.
A. 2015
A. TRUE
B. 2016
B. FALSE
C. 2017
1221. The following are the disadvantages of
D. 2018
blockchain technology, except
A. High Cost 1227. Los Soulbound Tokens son:
B. Redundant A. Transferable and tradable tokens
C. Traceable B. Non-transferable tokens representing
D. Complex personal attributes
C. Tokens used in role-playing games
1222. Below are the concerns on the AI data
cycle D. Tokens with spiritual value
A. Computation and storage distribution
1228. How does blockchain contribute to finan-
B. Data or feature consistency cial inclusion?
C. Project collaboration A. Increases centralization in financial
D. Monitoring of processes and results systems
B. Requires high entry barriers
1223. What is the term used for the secure and
permanent database created by blockchain C. Provides access to financial services
technology? for the unbanked
A. Distributed ledger D. Slows down financial transactions

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1.1 BLOCKCHAIN TECHNOLOGY 126

1229. What is “mining” in the context of 1233. How are decentralized network sys-
blockchain? tems and distributed network systems
similar?
A. Network is very large.
B. They started using them at the same
time.
C. No authority can control the entire net-

NARAYAN CHANGDER
work.
A. The process of extracting knowledge
from a dataset D. Computers are in various locations
B. The process of gathering new transac- spread across the world.
tions from the network
1234. What is a mining reward in blockchain?
C. The process of writing the new trans-
actions to the memory-pool A. A fee paid by the user for processing a
D. The process of adding a new “block” transaction
of transactions to the blockchain file B. A fee paid by the miner for using the
1230. When a record is on a blockchain, who network
can access it? C. A cryptocurrency reward given to the
A. Multiple people simultaneously. miner for validating a block
B. One person at a time D. None of the above
C. Only the people involved in the trans-
action 1235. True or False? Proof of work is an
D. none of above agreed upon method by which the creation
of a new block is achieved in the Bitcoin
1231. Following are the benefits of blockchain, blockchain.
except?
A. Traceable A. TRUE

B. Security is better maintained B. FALSE


C. Requires high costs
1236. What does blockchain convergence en-
D. Accountable
tail?
1232. What is DAO(Decentralized Au-
A. Its isolation from other existing tech-
tonomous Organization)?
nologies and systems
A. An organization that is run by central
authority B. Its integration with other existing tech-
nologies and systems to achieve specific
B. An organization that operates on the
objectives
blockchain and is governed by smart con-
tracts and its members C. Its incompatibility with other existing
C. An organization that is entirely inde- technologies and systems
pendent of the blockchain D. Its exclusive dependence on other ex-
D. None of the above isting technologies and systems

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1.1 BLOCKCHAIN TECHNOLOGY 127

1237. What is Blockchain? B. Digital transaction


A. It is a decentralised ledger of all trans- C. Digital Structure

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actions across a peer to peer network. D. Big Data
B. It is partially a distributed ledger of 1242. What is the primary purpose of
some transactions across a peer to peer blockchain technology in the aerospace in-
network overviewed by a central authority dustry?
C. It is a distributed ledger of all transac- A. Cooking recipes
tions across a top down network.
B. Enhancing flight safety through real-
D. It is a technology that enabled the de- time data sharing
velopment of all kinds of apps which are
C. Virtual reality gaming
overviewed by a centralised network
D. Managing restaurant reservations
1238. Which trend is closely associated with
the rise of the sharing economy? 1243. Are the parties involved in the block
chain transaction anonymous. Answer
A. Increased centralization True or False?
B. Reduced collaboration A. True
C. Peer-to-peer transactions B. False
D. Strict regulatory control 1244. What term is used to describe the pro-
cess of adding a block to the blockchain?
1239. Arrange the given steps into the correct
order according to the blockchain process. A. Mining
(i) The transaction is broadcasted into the B. Centralization
network (ii) Transaction Initiated (iii) Block C. Encryption
is created and added to the local chain and
propagated to the network. (iv) The trans- D. Consensus
action is verified and validated by solving 1245. Which of the following is not a disad-
the puzzle. vantage of blockchains?
A. (i), (ii), (iii), (iv) A. blockchain entries are mutable
B. (iv), (iii), (ii), (i) B. Blockchains are indestructible
C. (ii), (i), (iv), (iii) C. both a and b
D. (ii), (iv), (iii), (ii) D. highly complex

1240. In the chaincode lifecycle, packaging 1246. What benefits does the Metaverse have
chaincode before installation on peers is a over the real world?
mandatory step A. Metaverse allows users to express
A. True themselves creatively, without barriers
B. Metaverse allows users to connect
B. False
and collaborate with each other easily and
1241. Blockchain is a form of data storage. effectively
That allows any type of information from C. Metaverse allows users to experience
each person to be shared with everyone. and learn new and interesting things
A. Data Structure D. All of the above

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1.1 BLOCKCHAIN TECHNOLOGY 128

1247. ¿QUE OTROS USOS TIENE LA 1253. How does a blockchain achieve decen-
BLOCKCHAIN? tralization?
A. PROPERTY REGISTRATION A. Through the use of a centralized
B. PAYMENTS IN REAL LIFE server
C. CLOUD STORAGE B. By relying on a single node to validate
D. TODAS LA ANTERIORES transactions

1248. What is bitcoin? C. By using a distributed network of

NARAYAN CHANGDER
nodes
A. A cryptocurrency
B. A type of currency used for mbway D. By allowing anyone to create and con-
transfers, paypal, etc. trol a block.
C. A type of currency with no real value
1254. What is the ‘Body Candlestick’ used to
D. A type of currency without any type of represent?
security, used only for gambling.
A. The opening and closing prices of an
1249. Decentralized digital identity allows: asset during a certain time period
A. Centralized control of digital identity
B. The high and low prices of an asset
B. User control over their digital identity over a certain period of time
C. Identity storage on a central server
C. The distance between the highest and
D. Using physical passports online lowest prices of an asset over a certain
period of time
1250. .... will be used to write smart contracts
in Ethereum. D. The potential price of an asset in the
A. Solidity future
B. C Language
1255. Which year does the blockchain term
C. Java evolved
D. Go=lang
A. 2007
1251. What was used as a form of exchange
B. 2008
in phase one of society?
A. Goods C. 2016
B. Cryptocurrencies D. 2015
C. Coupons
1256. What is the main goal of bitcoin mining?
D. Monety
A. Prevent double-spending of digital
1252. What type of tasks are not suitable for
data
distributed computing?
A. Parallelizable tasks B. Reduce transaction fees for a higher
reward
B. Serial tasks
C. Independent tasks C. Support the technology development
D. Synchronous tasks D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 129

1257. Complete the sentence:bitcoin transac- D. A decision tree requires more compu-
tions are ? tational resources than a random forest.

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A. “routed” 1262. What is Blockchain?
B. “sent” A. An exchange
C. “converted”
B. An algorithm
D. none of above
C. distributed ledger on P2P network
1258. What is mining difficulty in Bitcoin? D. type of coin
A. The difficulty of buying and selling Bit-
1263. A device for converting various physical
coin
quantities. For example, it converts tem-
B. The difficulty of mining Bitcoin peratures into electrical signals.
C. The difficulty of using Bitcoin wallets A. Controller(processor)
D. None of the above B. Sensors
1259. What is role of minors in blockchain C. Information distribution devices
A. Verify the new Bitcoin transactions D. Interfaces
B. Record transactions in the public E. Executive devices
ledger
1264. Blockchain technology can automate
C. Both many processes and reduce the time re-
D. None quired to complete transactions.
A. True
1260. What is the purpose of a Merkle tree in
Blockchain technology? B. False
A. To efficiently verify the integrity of a C. Not Applicable
large dataset D. none of above
B. To create new cryptocurrency
1265. What is the purpose of regularization in
C. To manage the network infrastructure machine learning?
D. To develop new consensus mecha- A. To reduce the variance of a model
nisms
B. To reduce the bias of a model
1261. What is the difference between a deci-
C. To increase the complexity of a model
sion tree and a random forest?
D. To decrease the training time of a
A. A decision tree is a single model, while
model
a random forest is an ensemble of deci-
sion trees. 1266. Famous boxer owns a Bitcoin ATM com-
B. A decision tree can only be used for pany?
classification tasks, while a random forest A. Wladimir Klitschko
can be used for both classification and re-
gression tasks. B. Vitali Klitschko

C. A random forest is more accurate than C. David Haye


a decision tree. D. Mike Tyson

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1.1 BLOCKCHAIN TECHNOLOGY 130

1267. How can information be secured in a 1271. A block of the blockchain contains (2)
blockchain?
A. By using a closed peer-to-peer (P2P)
network, sharing information across plat-
forms
B. By using a distribution of cryptocurren-
cies over miners through the network A. the hash of the current block.

NARAYAN CHANGDER
C. By using asymmetric cryptography, B. a hash that is always the same for all
consisting of a public and private key blocks in the blockchain.
D. By using distributed ledger technology C. the hash of the previous block.
(DLT), which records transactions at the
D. a representation of the contract con-
source
tents, which is publicly viewable.
1268. Meaning of the word ‘crypto’ in cryp- 1272. Which industry can benefit from rep-
tocurrency resenting assets as digital tokens on a
A. Data blockchain?
B. Secret A. Healthcare
C. Money B. Energy
D. Digital Asset C. Intellectual Property
D. Supply Chain Management
1269. Which network type is characterized by
all nodes being connected to each other 1273. How do you view the hash of a file that
and everyone having equal rights? is already on the IPFS using the CLI?
A. Centralized network A. Using ipfs view
B. Decentralized network B. Using ipfs get

C. Distributed Peer-to-Peer network C. Using ipfs file ls-l


D. Using ipfs hash ls-l
D. none of above
1274. Among the following types of comput-
1270. In gaming, which of the following to- ers, the smallest in size is
kens is used to buy the game assets?
A. Mainframe
B. Microcomputer
C. Mini computer
D. Supercomputer
1275. If two different nodes add the same file,
then
A. Their hashes will be different
A. ERC 20
B. The hashes will be the same
B. ERC 1135
C. Their hashes will be same provided the
C. ERC 721 file name are the same
D. none of above D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 131

1276. What is a fork in a Blockchain network? C. Privacy


A. A split in the network resulting in two D. Confidentiality

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or more versions of the Blockchain
1282. One way function is:
B. A type of cryptocurrency
A. a function whose input cannot be cal-
C. A database table culated from output,
D. A computer program B. a function for different types of input
to get the same output
1277. What can you do in the Metaverse?
C. a function whose input can be calcu-
A. Participate in virtual shows lated from output,
B. Own digital clothes and items D. a function whose output is different ev-
C. Build digital houses ery time it is calculated,
D. Create digital businesses Explanation:a one-way function is a func-
tion that is easy to compute on every in-
1278. How is consensus achieved in a put, but hard to invert given the image of
blockchain? a random input.
A. Through a central authority 1283. Is blockchain fully public?
B. Through a voting system A. Yes
C. Through a proof-of-work or proof-of- B. It depends
stake mechanism C. No
D. Through a peer-to-peer network D. none of above
1279. Asymetric Cryptograhy uses 1284. What was used as a form of exchange
A. same key for decryption and ecncryp- in phase three society?
tion A. Cryptocurrencies
B. Public Key for encryption and private B. Coupons
key for decryption C. Monety
C. Private key for encryption and public D. Goods
key for decryption
1285. How many keys does asymmetric cryp-
D. Private key for encryption
tography use?
1280. Who is credited with the creation of Bit- A. 0
coin?
B. 1
A. Vladimir Putin C. 2
B. Satoshi Nakamoto D. Unlimited
C. Alan Turing
1286. What is new and important that
D. Satoshi Nakamoto Ethereum introduces?
1281. What are the components that make up A. Blind signature
Information Security B. Smart Contracts
A. Availability C. Hashing
B. Integrity D. Blockchain

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1.1 BLOCKCHAIN TECHNOLOGY 132

1287. Where can you create a Tokocrypto ac- C. Telepathy structure


count and Verify (KYC)? D. Blockchain
A. via Tokocrypto.com or Mobile Applica-
tion 1292. Bitcoin’s all-time high was / BTC.

B. via Mobile Application A. $22, 984.30


B. $19, 783.21
C. via Tokocrypto.com
C. 16, 394.56
D. via Tim Tokocrypto

NARAYAN CHANGDER
D. $13, 098.49
1288. development of technological en-
trepreneurship with a strong connection 1293. Can Bitcoin transactions be tracked?
between business, science and the state, A. No, they are completely anonymous
as well as creating conditions for the in-
B. Yes, because they are contained in a
troduction of innovations
public register.
A. Digitization of economic sectors
C. No, there is no public register
B. Transition to the digital state
D. Yes, but it reveals the identity of the
C. Implementation of the Digital Silk users
Road
1294. Two individuals who exchange tangible
D. Development of human capital and intangible activities, is the concept of?
E. Creating an innovative ecosystem A. Buying and Selling Concept
1289. How many types of blockchain are B. Concept of Exchange
there? C. Trading Concepts
A. Private, Hybrid, Public D. Credit Concept
B. Private, Bitcoin and Mixed
1295. What is the purpose of cross-validation
C. Airbit, Private and Public in machine learning?
D. Private, Public, Mixed and random A. To evaluate the performance of a
E. None of the above model on new data
B. To ensure that a model is not overfit-
1290. What is a miner?
ting the training data
A. A type of blockchain
C. To improve the accuracy of a model by
B. An algorithm that predicts the next iteratively adjusting the hyperparameters
part of the chain
D. To reduce the complexity of a model by
C. A person doing calculations to verify a removing unnecessary features
transaction
1296. Current IT trends for business?
D. Computers that validate and process
blockchain transactions A. As a determining factor in attracting in-
vestment
1291. What technology platform is Bitcoin B. 5 Companies with the largest markets
based on? are not IT-based
A. Volkswagen coding C. Capital in information systems is de-
B. Javascript creasing

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1.1 BLOCKCHAIN TECHNOLOGY 133

D. munculnya proyek inovatif serpeti D. Blockchain híbridas


blockchain, Artificial Intelligence, IoT dll
1302. What does the E stand for in ABCDEFG

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1297. It is the first block of a cryptocurrency, Digital Transformation?
like Bitcoin on the Blockchain
A. Evaluating, Learning and Innovating
A. Genesis Block
B. Experimenting, Learning & Inovating
B. block number one
C. Examining, Learning & Inovating
C. Blockchain
D. Experimenting, Listening & Inovating
D. none of above

1298. A key is a string of numbers and let- 1303. Blockchain is an


ters A. Business Technology
A. Bitcoin B. Accounting technology
B. Blockchain C. Computer Technology
C. Cryptocurrency D. Robot Technology
D. None of the above
1304. What makes the data in a blockchain im-
1299. The hidden text or data in cryptography mutable?
is called as
A. Continuous encryption
A. Private text
B. Decentralized storage
B. Crypto text
C. Regular data backups
C. Cipher text
D. Hidden text D. Hash linking of blocks

1300. What do miners do? (Choose 2) 1305. What is the genesis block?
A. Write new blocks onto the blockchain A. The first block of a Blockchain
B. They look at proof-of-work and scruti- B. Any block created by the founder
nize transactions C. The first transaction in each block
C. Try to be the first to solve “crypto-
D. The last block created in the
graphic puzzle”
Blockchain
D. Helps the transaction owners get Explanation:A Genesis Block is the name
block rewards given to the first block a cryptocurrency,
such as Bitcoin, ever mined.
1301. They are those to which anyone has ac-
cess. In general these networks are trans- 1306. What are the components of a block?
parent and the users are anonymous. No
participant has more rights than the oth- A. 1.Ethereum.Vechain.BitCoin
ers, which is why there are no network B. 1. Digital signature2. Transaction3.
administrators. Consensus protocol
A. Blockchain públicas C. 1. Information2. Unique Hash3. Pre-
B. Blockchain federadas decessor hash
C. Blockchain privadas D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 134

1307. What is a consensus mechanism in a 1313. What was launched as an experiment


Blockchain network? after the 2009 financial crisis?
A. The process by which nodes agree on A. Wikipedia
the state of the network
B. Blockchain
B. A type of cryptocurrency
C. Bitcoin
C. A database table
D. A computer program D. PayPal

NARAYAN CHANGDER
1308. which of the following is used for stor- 1314. Blockchain Implemented and Popular-
ing bitcoin? ized by? and in Year?
A. pocket A. Satoshi Nakamoto in 1991.
B. wallet
B. Satoshi Nakamoto in 2009.
C. box
C. Stuart Haber and W. Scott Stornetta in
D. stack 1991.
1309. Leo Trailer was released on? D. Stuart Haber and W. Scott Stornetta in
A. 6th October 2009.
B. 5th October
1315. Which of the following is not a
C. 7th October blockchain crypto
D. 4th October
A. Bitcoin
1310. Which consensus algorithm is used in B. Etherum
the Ethereum blockchain?
C. Power BI
A. Proof of Work (PoW)
B. Proof of Stake (PoS) D. Polygon
C. Practical Byzantine Fault Tolerance
1316. Computational instructions that are ar-
(PBFT)
ranged sequentially are called
D. Delegated Proof of Stake (DPoS)
A. Algorithm
1311. Where do files stored on Google Drive
B. Artificial intelligence
take up memory?
A. In the computer’s memory C. AI

B. In the memory of the service offered D. IoT


by Google
1317. The process of using a hash function is
C. It doesn’t take up space
called:
D. In the drawer
A. Processing
1312. In the bitcoin network only final bal-
ances are written to the blockchain. B. Save

A. True C. Hashing
B. False D. Teaching

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1.1 BLOCKCHAIN TECHNOLOGY 135

1318. ¿Prepara que se utiliza un Oracle? 1323. What is the purpose of proof-of-work
A. To estimate future information on the in a blockchain?

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blockchain A. To store smart contracts
B. So that a smart contract can connect B. To calculate the required hash for each
to a web resource directly block
C. To write and make available informa-
C. To verify the blocks in the network
tion external to the blockchain
D. To slow down the creation of new
D. To correct incorrectly entered informa-
blocks
tion

1319. What will cars be able to do in an Econ- 1324. What bis the name of the first academic
omy of Things using Distributed Ledger paper that describes bitcoin commonly re-
Technologies? ferred to as?
A. Decrease the transaction rate A. the origins of money
B. Centralize the charging process B. the Bitcoin white paper
C. Perform manual transactions C. the great unrevealing
D. Charge themselves, negotiate the
D. none of the above
prices at the charging station, and settle
the bill
1325. What is the purpose of proof-of-work
1320. What is the genesis block in a in blockchain technology?
blockchain? A. To solve cryptographic puzzles
A. The block with the most transactions B. To verify data changes
B. The block with the highest proof-of-
C. To add blocks to the chain
work
C. The first block in the chain D. To decentralize information

D. The most secure block 1326. Where can you buy cryptocurrency
1321. Which is NOT one of the 5 pillars of open A. A private transaction
blockchains?
B. An exchange
A. Public
C. A Bitcoin ATM
B. Borderless
D. All of the above
C. Easy to censor
D. Neutral 1327. What is the purpose of the ‘Hash’ in a
blockchain?
1322. Who created Bitcoin?
A. To verify cryptocurrency transactions
A. Satoshi Nakamoto
B. John Mcafee B. To uniquely identify each block

C. Samsung C. To encrypt the entire blockchain


D. China D. To store private keys

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1.1 BLOCKCHAIN TECHNOLOGY 136

1328. What are the main differences between 1333. A ledger is a set of records show-
Proof of Work (POW) and Proof of Stake ing transactions (movement of money and
(POS) Consensus Algorithm? (More than change in balance).
1 answer) A. TRUE
A. POW has no reward while POS is given B. FALSE
a reward for their work.
B. There are no differences 1334. Which of the following is a good tip for
managing risk when investing in cryptocur-

NARAYAN CHANGDER
C. POW uses computing power while POS rency?
stake their coins on the blocks.
A. Don’t invest more money than you are
D. POS has validators while POW has min- willing to lose
ers.
B. Don’t pay attention to news or market
1329. Each block is made up of the following trends
THREE elements. C. Give into the fear of missing out
A. Transactions (FOMO) and make impulsive investments

B. Data D. Don’t worry about potential fraud

C. Hash 1335. Encryption is for


D. Hash of previous block A. Messaggiare online
B. Protect your information
1330. Which algorithm has the highest compu-
tational cost? C. Make information accessible
A. Proof of Authority D. Creare password complesse
B. Proof of Work 1336. Blockchain is a peer-to-peer dis-
C. Proof of Stake tributed ledger technology that makes the
records of any digital asset transparent
D. none of above and unchangeable
1331. Smart contracts are designed as self- A. Centralised
enforcing contracts and create trustful pro- B. Decentralised
tocols.
C. Common
A. True
D. Popular
B. False
1337. A memory chip that stores time data
1332. What is a 51% attack in a Blockchain and uses a battery as power is
network?
A. ROM
A. When a single user or group of users B. RAM
control the majority of the network’s com-
puting power C. CMOS
B. A type of cryptocurrency D. flash

C. A database table 1338. Blockchain cannot eliminate


D. A computer program A. Centralization

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1.1 BLOCKCHAIN TECHNOLOGY 137

B. Double spending 1343. How does a token economy enable the


C. 51% Attack coordination of human activities in a decen-
tralized manner?

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D. none of above
A. By automating resource allocation
1339. The origin of blockchain technology is B. By self-organizing market signals
thanks to 3 important points C. By centralizing value exchange
A. cypherpunks, loss of trust and cryptog- D. By restricting economic transactions
raphy
1344. The technological tool used by the group
B. fear, cryptocurrencies, traceability
in the presentation of the content was:
C. bitcoin, ethereum, xrp
D. Developers, decentralization, im-
mutability

1340. How many Blocks are there?


A. 5. Genesis, orphan, hard, umer, cen-
tralized
B. 5. Genesis, orphan, hard, umer, pri-
vate.
C. 4. Genesis, orphan, duros, umer A. Powerpoint
D. 5. Genesis, orphan, hard, umer, pub- B. Canva
lic.
C. Prezi
1341. What is the protocol that rents out the D. Genially
creation of new blocks and makes any
Blockchain hacking operation more com- 1345. Blockchain is a combination of
plex? A. blocks and encryption
A. HTTPS B. encryption and computer distribution
B. Proof of work C. chains and encryption
C. TLS D. computer distribution and chains
D. FTP 1346. Hierarchical Deterministic Wallets

1342. Why is tracking and certifying the A. derive it’s security from being dis-
source of energy a big challenge in today’s tributed
green energy market? B. are difficult to backup
A. The energy grid is too complex C. can only be used in testnet
B. Renewable energy producers do not D. derive all keys from a single master
track their energy production value
C. Consumers are not interested in re- 1347. Which feature is not supported by
newable energy Blockchain Technology
D. The certification system is convoluted A. immutable

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1.1 BLOCKCHAIN TECHNOLOGY 138

B. hashing 1352. Which of the following is not an advan-


C. mining tage of blockchain technology?

D. centralized A. Distributed

1348. As of February 12, 2020 a bitcoin is B. Secure


worth?
C. Immutable
D. Hackproof

NARAYAN CHANGDER
1353. What is the 51% attack in Bitcoin?
A. An attack where an attacker controls
51% of the mining power
A. 10, 400 USD B. An attack where an attacker controls
B. 323, 000 THB 51% of the Bitcoin supply
C. 9, 500 EURO C. An attack where an attacker controls
D. All of the Above 51% of the Bitcoin nodes

1349. What are Bitcoin addresses? D. None of the above


A. Physical locations where Bitcoins can
be found 1354. What is the most well-known cryptocur-
rency that uses blockchain technology?
B. Digital locations where Bitcoins can be
sent and received A. Ethereum
C. Phone numbers of Bitcoin owners B. bitcoin
D. None of the above
C. Repple
1350. What is the purpose of gradient descent D. Litecoin
in machine learning?
A. To find the optimal values for the pa- 1355. “The value obtained from the encryp-
rameters of a model tion of that block which changes every
B. To reduce the bias of a model time the data is modified” we call it
C. To increase the complexity of a model A. Algorithm
D. To reduce the variance of a model
B. Transection
1351. WHAT ARE THE FUNDAMENTAL SIMI- C. Hash
LARITIES OF BLOCKCHAIN TECHNOLOGY
AND CRYPTOCURRENCY TECHNOLOGY? D. Data structure
A. Both has commercial value exchanges
1356. Is Artificial Intelligence part of
B. Both lives natively in the Internet.
Blockchain?
C. Both form part of the recent technolog-
ical innovations. A. TRUE
D. Both are intangible and virtual. B. Falso

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1.1 BLOCKCHAIN TECHNOLOGY 139

1357. What is a block in a blockchain? A. Decreased transaction rate


A. A transaction that has been verified B. Increased transaction rate

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and added to the blockchain C. Centralized consensus finding
B. A group of computers that work to- D. Vulnerability to attacks
gether to verify transactions
C. A cryptographic puzzle that must be 1361. What is Sidechain?
solved to add a transaction to the A. Another term for hash function
blockchain
B. Smart Contract split from main
D. A secure digital container that holds in- blockchain
formation about transactions
C. The parallel network runs alongside
1358. Step 1-When implementing a Blockchain the blockchain network for added security
project D. Any mechanism that allows tokens
from one blockchain to be securely used
in another separate blockchain

1362. What is BlockChain?


A. The trend of increasing devices using
the concept of the Internet of Things (In-
ternet of Things)
B. Network system for keeping online
transaction accounts which looks like a
spider web network or a form of data col-
lection that does not have a middleman
C. It is the key to dealing with this prob-
lem in the best way possible.
D. Cloud Storage lending between each
A. Floor list
other, co-location services, Peer to Peer
B. Project planning Lending systems, and more.
C. Public round
1363. Which of the following is included in Sta-
D. Private round blecoin?
E. Seed round A. BTC
1359. Bitcoin-the digital currency launched in B. TKO
2009 by C. BUSD
A. Satoshi Nakamoto D. ETH
B. China
1364. What is decentralization in blockchain
C. A group of hackers solutions?
D. The European Bank A. Have a single server that records all
1360. What advantage of scalability is associ- system user transactions
ated with Directed Acyclic Graph (DAG) in B. Allow only certain users to participate
comparison to blockchain? in transaction logging

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1.1 BLOCKCHAIN TECHNOLOGY 140

C. Allow anyone to participate on equal A. Blockchain is a way to store and record


terms, recording the activity agreed upon information like a ledger-it can record and
by consensus track anything.
D. Rely on a trusted third party to record B. Blockchain is artificial intelligence
system user transactions technology
1365. What is LiteClient? C. Blockchain is a form of storing informa-
tion through a single server
A. Allows interaction with the blockchain

NARAYAN CHANGDER
without downloading the entire blockchain D. Blockchain is a way to store informa-
B. A virtual currency tion via phones

C. Platform for dApp development 1369. What is the role of a validator in a


D. Platform for dApp development Blockchain network?

1366. Difference between P2P(Peer-to-Peer) A. To validate transactions and add them


network and decentralized network to the Blockchain

A. P2P networks are more difficult to B. To create new cryptocurrency


setup C. To manage the network infrastructure
B. P2P network has direct connection be- D. To develop new consensus mecha-
tween each pair while in decentralized nisms
networks this is always true
C. P2P networks are more stable than de- 1370. What is the difference between proof of
centralized network work and proof of stake in Blockchain tech-
D. All P2P network are decentralized and nology?
vice-versa A. Proof of work requires computing
power, while proof of stake requires own-
1367. What is the purpose of a blockchain- ership of cryptocurrency
based microgrid in Brooklyn, New York?
B. Proof of work requires ownership of
A. To reduce the cost of electricity for
cryptocurrency, while proof of stake re-
consumers
quires computing power
B. To provide emergency power during
natural disasters C. There is no difference between proof
of work and proof of stake
C. To sell excess energy to neighboring
states D. Proof of work and proof of stake are
both types of consensus algorithms
D. To store energy for future use

1368. What is Blockchain? 1371. receive, verify, gather and execute


transactions.
A. Smart Contracts
B. EVM
C. Miner nodes
D. Light wallets

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1.1 BLOCKCHAIN TECHNOLOGY 141

1372. What are the Daos? A. 100 Million


A. Decentralized Autonomous Organiza- B. 12 Million

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tion
C. 21 Million
B. Distributed and centralized au-
tonomous non-profit organization D. No Maximum

C. Distributed Autonomous Organization 1377. What is sharding in blockchain technol-


D. Centralized Autonomous Organization ogy?
A. A technique to break glass
1373. What are the key features of a
blockchain platform? B. A technique used to partition a
A. speed, complexity, secrecy, instability, blockchain network into smaller groups
random selection of nodes to improve scalability

B. decentralization, immutability, trans- C. A way to secure cryptocurrency trans-


parency, security, consensus mechanism actions
C. centralization, mutability, opacity, vul- D. A way to settle disputes between
nerability, majority voting nodes in the blockchain network
D. scalability, privacy, interoperability,
1378. Blockchain is used in the healthcare in-
anonymity, smart contracts
dustry to:
1374. An algorithm is it? A. Streamline video conferencing
B. Secure electronic health records
C. Analyze social media trends
D. Manage restaurant reservations

1379. What is NOT an advantage of smart con-


tracts?
A. The programming code A. Automatic execution
B. Sequence that solves a problem with a B. Cost-efficient
finite number of elementary steps
C. Virtual presence
C. Any math question
D. Execution triggered by tokens
D. A car
1380. What is the gas price in Ethereum?
1375. the smallest unit of blockchain
A. Cost of conducting computational pro-
A. numbers
cesses on the network
B. hash
B. Metric measuring the speed of trans-
C. block actions in the network
D. node C. Metric measuring the current usage of
the network
1376. Maximum number of bitcoins that can
be created D. Amount of Ether for a unit of gas

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1.1 BLOCKCHAIN TECHNOLOGY 142

1381. What is a blockchain? 1385. “If two messages are different then
their digest will also be different”, which
A. A centralized database that holds a
of the following property depicts this
subset of all transactions on all nodes.
statement?
B. A client-server database existing on a A. Collision resistance
limited number of nodes at the same time.
B. Pre-image resistance
C. A distributed database with a record
C. Second pre-image resistance
of all transactions on the network.

NARAYAN CHANGDER
D. All of the above
D. A standalone database with history of
all transactions on various nodes. 1386. Block header contains
A. Nonce
1382. These are examples of Blockchain appli-
B. Block hash
cations that can be adopted.
C. Previous block hash
A. Metaverse
D. Difficulty level
B. Smart Contracts
1387. Non-fungible tokens (NFT) are a type of
C. Non-Fungible Tokens that can be used to represent owner-
D. Atmosphere ship of a unique object.
A. Permission
1383. In Blockchain there is a widely used
B. Digital Asset
term called Ledger, which represents:
C. Data
A. A set of programs designed to perform
D. Evidence
specific tasks.
B. A programmable system, used to per- 1388. Blockchain can be described as
form different tasks. A. collection of records
C. An abstract type of data, composed of B. linked with each other
a set of nodes, called vertices, and a set of C. strongly resistant to alternation
lines connecting the vertices, called edges D. protected using cryptography
or arcs.
1389. What is the full form of CBDC?
D. A large-scale distributed ledger.
A. Central Bank Digital Cryptocurrency
E. Information interpreted and applied
B. Central Bank Detailed Cryptocurrency
with a purpose.
C. Central Bank Digital Currency
1384. Among the data that we can include in D. Central Bank Dual Currency
a blockchain platform in construction, we
find: 1390. The computers that process transactions
for the bitcoin network are commonly
A. Safety regulations called
B. Agreements among contractors A. GPU
C. A clock to control warranties and main- B. Bitcoin Foundation Member Units
tance checkpoints C. Miners
D. All the answers are true D. Truckers

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1.1 BLOCKCHAIN TECHNOLOGY 143

1391. In POET, the winner propagates signed


certificate across all the nodes in the net-
work

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A. True
B. False

1392. Blockchain is used only for cryptocurren-


cies and cryptocurrencies. A. Deflation increases the value of cur-
rency over time.
A. TRUE
B. Deflation decreases the value of cur-
B. Falso rency over time.

1393. In the lightning network you have to cre- 1398. All blocks have the hash code of the pre-
ate invoices to sent the payment. vious block which makes it easier to link
them, except
A. True
A. the Starter Block which is the first
B. False block
B. the odyssey which is the first block
1394. What is AI?
C. the milestone which is the end block
A. Artificial Intolerance
D. the genesis block which is the first
B. Analyst Integral block
C. Artificial Intelligence 1399. What is the potential impact of
D. Artificial Integral blockchain on reducing fraud in the finan-
cial industry?
1395. A blockchain is secured by A. Increased vulnerability to cyberat-
tacks and hacking.
A. PIN code
B. Improved traceability and trans-
B. ‘hash’ code parency of transactions.
C. password C. Limited access to financial services for
D. login individuals.
D. Slower transaction processing times.
1396. What will be performed between ma-
chine and machine in an Economy of 1400. What is the difference between public
Things? and private blockchains?
A. Public blockchains can be accessed by
A. Intermediaries
anyone, while private blockchains are re-
B. Smart contracts stricted to a specific group of users
C. Decentralized businesses B. Public blockchains are faster than pri-
vate blockchains
D. Transactions
C. Private Blockchains are more secure
1397. What happens to your money during a than public blockchains
period of “deflation”? D. None of the above

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1.1 BLOCKCHAIN TECHNOLOGY 144

1401. Which of the following is NOT one of the 1406. What is meant by ‘Swapping’ in the
3 T’s of blockchain? world of cryptocurrency?
A. Traceability A. Exchange one cryptocurrency coin or
token for another
B. Value transfer
B. Membeli cryptocurrency dengan uang
C. Data transfer
fiat konvensional
D. Transparency C. Trading one cryptocurrency for an-
other cryptocurrency that is not offered as

NARAYAN CHANGDER
1402. Which country was the first to adopt Bit-
coin as a national currency? a trading pair
D. All answers are correct
A. Brazil
B. The Savior 1407. How does a blockchain ensure the secu-
rity of its data?
C. Italy
A. By using encryption to protect the data
D. Switzerland from unauthorized access
1403. Which of the following can be consid- B. By storing the data on multiple comput-
ered as the elements of cyber security? ers in a decentralized network
A. Application Security C. By requiring users to provide personal
identification before accessing the data
B. Operational Security
D. By using a centralized authority to
C. Network Security manage the data and transactions
D. All of the above
1408. Each block of a Blockchain consists of
1404. What was used as a form of exchange which of the following?
in phase two of society? A. A hash pointer to the previous block
A. Monety B. Timestamp
B. Coupons C. List of transactions
C. Goods D. All of the above

D. Cryptocurrencies 1409. About the future of blockchain


A. There are no doubts about the arrival
1405. What is a decentralized exchange
of successful adoption
(DEX)?
B. It is a high-risk high-reward bet
A. Exchanges where a central authority
controls the buying and selling of cryp- C. Regulation by goverment solve the ma-
tocurrencies jority of questions to be adopted
D. All answer are correct
B. An exchange in which buyers and sell-
ers trade directly with each other, without 1410. In the proof of stake (Proof of stake-
the need for a central authority Pos) participants should NOT block an
C. Exchanges where you can only trade in amount of cryptocurrencies, because they
physical, non-digital currencies do not provide a guarantee
D. Exchanges where you can only trade A. Falso
one particular cryptocurrency B. TRUE

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1.1 BLOCKCHAIN TECHNOLOGY 145

1411. Which is low costand low energy con- C. Mempool


sumingalgorithm D. Solidity

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A. PoW
1416. How many Bitcoins will there ever be?
B. PoS
A. 21 million in 2140
C. Both
B. 21 million in 2020
D. none of above
C. 14 million 2015
1412. A cryptocurrency is: D. 23 million in 2140
A. A physical coin with a QR code
1417. it is almost impossible to modify a
B. Type of crypto-based digital currency blockchain
C. An electronic payment system A. yes
D. A digital credit card B. no
1413. Which statements about Bitcoin are 1418. is the process of solving complex
true? mathematical equation?
A. bitcoins were born in 2009
B. The creator of bitcoin is considered
Satoshi Nakamoto
C. It is one of the cryptocurrency in circu-
lation
D. it is stored in a digital wallet
E. It is issued by the ECB
A. Hash Matching
1414. What is Bitcoin’s monetary policy? B. Genesis
C. Proof of work
D. Proof of stake
1419. Automated teller machines or ATMs are
implementations of what type of termi-
nal?
A. Inflationary A. Dumb terminal
B. Deflationary B. Intelligent terminal
C. Stagnant C. Single terminal
D. None of the above D. Bank terminal
1415. It is a technical standard for tokens is- 1420. What is a private key in blockchain tech-
sued on the Ethereum blockchain, provid- nology?
ing a list of rules that all tokens must fol- A. A way to encrypt cryptocurrency trans-
low. actions
A. ERC20 B. A public code that allows access to a
B. Hash de Merkle user’s cryptocurrency wallet

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1.1 BLOCKCHAIN TECHNOLOGY 146

C. A secret code that allows access to a 1425. What is the name of the general ledger
user’s cryptocurrency wallet that tracks all bitcoin transactions?
D. A legal contract that is stored on a A. The Block Chain
blockchain network
B. The Gox Chain
1421. What are the 3 emerging technologies C. Ledger Link
for sustainable development according to
D. Satoshi S Kuare
ECLAC?

NARAYAN CHANGDER
A. BlockChainIOT/IABig Data 1426. How does blockchain contribute to re-
ducing counterfeit pharmaceuticals in the
B. I4.0IOTAutomatization
healthcare industry?
C. Automation Innovation AI
A. By predicting stock market trends
D. Virtual RealityCybersecurityCloud
Computing B. By authenticating medications through
the supply chain
1422. Liquidity in fungible tokens refers to: C. By hosting cooking shows
A. The difficulty of converting them into D. By providing fashion advice
cash
B. The ease of buying/selling without af- 1427. A significant difference between bitcoin
fecting the price and Hyperledger is that
C. The amount of water in a token A. Anyone can join, but miners do not re-
ceive money.
D. The stability of the token value
B. Unknown peers cannot join and leave
1423. ICO means the network as they with.
A. Thai companies that need capital to de- C. A. Unknown peers can join but need to
velop new projects So they issued their be authorized to deploy smart contracts.
own tokens for Exchange with crypto that
D. none of above
will be used to develop work systems
B. It is the initial offering of shares of a 1428. What is the term for when a blockchain
company to the public or Investors”. splits?
C. Issuing and offering securities to the A. A merger
public for the first time B. A fork
D. The buyer receives shares. This gives C. A sidechain
the holders the right to vote and receive
dividends. D. A division

1424. Blockchain is a peer-to-peer dis- 1429. The dApps are:


tributed ledger technology that makes the A. Programs that require a central au-
records of any digital asset transparent thority
A. Demanding B. Applications that operate on decentral-
B. Decentralized ized networks
C. Secure C. Cryptocurrency mining tools
D. Popular D. Online games

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1.1 BLOCKCHAIN TECHNOLOGY 147

1430. transformations involving the creation 1435. The current blockchain technology is not
of a creative society and the transition to able to handle the high number of transac-
new realities-knowledge economy tions required for widespread adoption.

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A. Digitization of economic sectors A. True
B. Transition to the digital state B. False
C. Not Applicable
C. Implementation of the Digital Silk
Road D. none of above
D. Development of human capital 1436. What type of attack on Bitcoin gives the
E. Creating an innovative ecosystem most advantage to the attacker?
A. DNS poisoning
1431. The current name of the Minister of Com- B. DDoS
munication and Information is:
C. 51%
A. Johnny G. Plate
D. BGP hijacking
B. Rudiantara
1437. Which of the two keys can be used to
C. Tifatul Sembiring access funds?
D. Susi Pudjiastuti A. Public
B. Private
1432. IPFS
A. InterPlanetary File Systems 1438. What was the first Blockchain?

B. Independent platform File Systems A. Read TODAY


B. Bitcoin
C. Internet Planet File System
C. Ethereum
D. Intermediate Planet File system
D. The DAOs
1433. What is a genesis block? 1439. What is the purpose of consensus in
A. The first block in a blockchain. blockchain?
B. A famous block that hard coded a hash A. The purpose of consensus in
of the Book of Genesis onto the Bitcoin blockchain is to ensure data privacy.
blockchain. B. The purpose of consensus in
C. A block that generates other blocks. blockchain is to centralize control.
C. The purpose of consensus in
D. The first transaction in a blockchain.
blockchain is to increase transaction
speed.
1434. Which cryptocurrency is based on
Blockchain technology? D. The purpose of consensus in
blockchain is to achieve trust and decen-
A. Bitcoin tralization.
B. Litecoin
1440. Which were consensus algorithms we
C. Ripple discussed?
D. Ethereum A. Proof of Authority

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1.1 BLOCKCHAIN TECHNOLOGY 148

B. Proof of Work 1446. What are the three things that a


C. Proof of Stake blockchain is really good at?

D. Proof of Responsibility A. Transparency, Authorization, Auditing


B. Transparency, Authentication, Audit-
1441. which is not a part of asymmetric en- ing
cryption?
C. Transparency, Authentication, Valida-
A. mining tion

NARAYAN CHANGDER
B. public key D. Transparency, Authentication, Autho-
C. private key rization
D. passphrase 1447. What is the Internet of Things (IoT)?
1442. Augur has robust method to address A. A network of interconnected devices
forks in its dispute phase. True or False? that can collect, share, and act on data
A. True B. A network of interconnected comput-
B. False ers that can share and process data
C. A network of interconnected sensors
1443. It is a feature of Bitcoin that can collect and share data
A. Centralized nature D. none of above
B. State-dependent nature
1448. How many bitcoins can ever exist?
C. Decentralized nature
A. 264
D. none of above
B. 10 million
1444. What is the opposite of ENCRYPTION? C. 21 million
(2)
D. Infinite
Explanation:

1449. What is the potential impact of


blockchain technology on new startup en-
ergy companies?

A. Decryption A. Limited access to renewable energy


sources
B. The Decipherer
B. Increased competition from estab-
C. Chiffrieren lished energy companies
D. concealment C. Difficulty in obtaining cash flow in the
1445. Benefits of Ethereum Decentralized Sys- early days
tem D. Consistent cash flow in the early days
A. unchanging nature 1450. What is the total number of bitcoins that
B. secure can be mined?
C. zero downtime A. 19.5M
D. All the above B. 20M

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1.1 BLOCKCHAIN TECHNOLOGY 149

C. 21M 1456. Blockchain forks can result in which of


D. none of above the following?

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A. Multiple parent blocks
1451. The WhatsApp which we use everyday,
uses this algorithm to encrypt the data B. Multiple children blocks

A. AES 256 and SHA 256 1457. Which node is used to discover the peer
B. SHA 256 nodes in the network?
C. AES 256 and SHA-3 256 A. Miner Node
D. MD-5 andSHA 256 B. Any Node can discover the peer node
in network
1452. Who adds a block to the chain?
C. Boot Node
D. None of Above

1458. Which of the following is NOT a type of


‘Rug Pull’?
A. Liquidity theft

A. Miner B. Limit sales orders

B. Node C. Pumping and dumping

C. Block Validator D. Event Airdrop

D. None 1459. Pragma Solidity refers to


1453. In a Blockchain, once a block gets cre- A. Version of Blockchain used
ated, can they be altered? B. Version of Compiler
A. Yes, The validator can modify it C. Version of Smart Contract
B. Yes, Only within few min of transaction D. none of above
C. No, they can’t be altered
1460. Consensus means
D. Yes, only after 3 layers of approval
A. Financial transactions without inter-
1454. What happens when someone creates a mediaries
new block in a blockchain?
B. Establishing agreements and mutual
A. It is rejected by other nodes consent among members
B. It is verified by other nodes C. encryption process
C. It is stored in a smart contract D. Financial transactions that require an
D. It is added to the distributed ledger intermediary

1455. The network of nodes validates transac- 1461. A block in the blockchain can never have
tions and receives rewards? more than one parent block?
A. True A. False
B. False B. True

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1.1 BLOCKCHAIN TECHNOLOGY 150

1462. DeFi (“Decentralized Finance”) ������� C. Ipfs get myfile1.txt


A. A decentralized financial system using D. Ipfs check myfile1.tx
digital currencies as the medium of trans-
actions. 1467. Difficulty level in PoW depends on
B. Electronic data units used as a medium A. Number of Active users
for exchanging goods and services are
created in digital form. B. Size of Blockchain
C. Both A and B

NARAYAN CHANGDER
C. A computer program that can execute
an agreement by Automatically as soon as D. None of Above
an event occurs according to the specified
contract conditions. 1468. The most used currency on the deep web
D. Digital wallets are used for trading dig- is BitCoin
ital goods. A. Vero
1463. The transaction speed is very high for B. Falso
A. Proof of work
1469. How is Crypto Coin different from
B. Proof of history Crypto Token? Which is the most accu-
C. Proof of stake rate?
D. none of above A. It is a digital asset.

1464. “Before, Start up raised funds using VC B. Works on the Blockchain system
or Cloud Funding.” I would like to know C. It has its own Blockchain network sys-
what the abbreviation for VC is? tem.
A. Venture Capital D. can trade Can be exchanged on the
B. Venture Capital platform
C. Venture Capital 1470. The blockchain contains verified proof of
D. Venture Capital

1465. Blockchain technology is more suitable A. transactions


for B. earnings
A. untrusted environment C. names and addresses
B. the application involved third trusted D. cost and location
party
C. both a and b 1471. There is an email address
D. none of the above my name@mail.com, ‘my name’ is

1466. What is the command for viewing a text A. Domain


file myfile1.txt using the command line in-
terface? B. URL
A. Ipfs view myfile1.txt C. Address
B. Ipfs cat myfile.txt D. ID

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1.1 BLOCKCHAIN TECHNOLOGY 151

1472. The main purpose of using cryptography C. Are endorsed by a subset of business
is to prove the authenticity of the data network participant
shared in the network.

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D. All of the above
A. True
B. False 1478. Where do you store your cryptocur-
rency?
1473. The process of securing a block to the
blockchain so that it cannot be changed: A. Bank account
A. Hash function B. Exchange
B. Mining
C. Wallet
C. Consensus mechanism
D. In your pocket
D. A chain of blocks
1474. For Given X and Y, Find out the k in such 1479. The Hash is
a way that Y=H(X||k) is known as in Cryp-
tographic Hash Function. A. is used by various persons in the same
“block”
A. Collision Resistance
B. Puzzle Friendly B. made up of different letters and num-
bers and is unique
C. Avalanche Effect
C. made up by the name of the person do-
D. Hiding
ing the transaction and the person receiv-
1475. What best describes a blockchain? ing it
A. A distributed ledger on a peer to peer D. none of above
network
B. A Centralized Database 1480. What is the gas cost in Ethereum?
C. An Exchange A. Amount of Ether needed to make a
D. A type of Cryptocurrency transaction

1476. There is currently a lack of regu- B. Cost of conducting computational pro-


lation and standardization surrounding cesses on the network
blockchain technology, which can make it
C. Metric measuring the speed of trans-
difficult for companies to navigate and for
actions in the network
users to trust.
A. True D. Metric measuring the current usage of
the network
B. False
C. Not Applicable 1481. Below are cyber threats, except
D. none of above
A. DDoS
1477. In a business blockchain, transactions-
B. Phishing
A. Can’t be modified
C. Malware
B. Are added to the ledger with appropri-
ate confidentiality D. Adsense

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1.1 BLOCKCHAIN TECHNOLOGY 152

1482. Which of the following is incorrect about C. Satoshi Nakamoto


centralized systems? D. John Mcafee
A. They provide greater level of trans-
parency. 1486. Which network type uses distributed
ledgers for transactions?
B. They have a central point of failure, so
are less stable. A. Centralized network

C. They are more vulnerable to attack B. Decentralized network

NARAYAN CHANGDER
and hence less secured. C. Distributed Peer-to-Peer network
D. Centralization of power can lead to un- D. none of above
ethical operations.
1487. The “blockchain” is data that copied
1483. On average, how long does it take across thousands and thousands of com-
for a Bitcoin block to be added to the puters worldwide
blockchain?
A. 1 minute
B. 6 minutes
C. 10 minutes
D. 1 hour

1484. The process of mining is


A. True
A. validating the transactions, add them
to the block they are building and broad- B. False
cast to the other nodes so they all have a
1488. Merkle tree hash is used for computing
copy of the transaction
hash.(select all correct answers)
B. Retrieving the data from the blocks to
A. state root
show to the users the data
B. transaction root
C. checking the names of the individuals
and then doing the transaction and the re- C. receipt root
spective charges for the individual making D. state tree
the transaction
1489. In particular, some of the benefits of
D. none of above
blockchain mentioned in the reading are:
1485. Who created bitcoin? A. Speeding up project delivery
B. All the project details are coded and
documented
C. Having timely information and fewer
mistakes
D. All answers are correct

1490. How blockchain can help in in music in-


A. Elon Musk dustry?
B. Samsung A. Avoid Duplicity of lyrics

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1.1 BLOCKCHAIN TECHNOLOGY 153

B. Good for singers C. Icloud


C. Helps in composing Music D. Cloud Computing

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D. None of the above 1496. The trading currency in Augur.
1491. Which of the following property of the A. Bitcoin
Cryptographic hash function is used in Bit- B. Bitcoin
coin Proof of Work(PoW) for mining? C. Ripple
A. Collision Resistance D. Dollar
B. Second Pre-image Resistance
1497. With Blockchain Technology, You
C. Puzzle Friendly
A. can now own everything that has Inter-
D. All of the Above net of Value
1492. What is a regulated way to invest in B. will not need an intermediary to make
blockchain technology directly? transactions
A. Purchasing NFTs C. can receive records or other informa-
tion directly peer-to-peer
B. Investing in decentralized finance
D. can view the entire history of a trans-
C. Investing in stocks of blockchain com- action
panies
1498. Smart NFTs are those that:
D. Mining cryptocurrencies
A. Can perform complex calculations
1493. What property makes it difficult to B. They have additional programmed
change data once it’s recorded inside a functionalities
blockchain?
C. They are able to learn and adapt
A. Distributed ledger
D. They are used in artificial intelligence
B. Peer-to-peer network
1499. What was the purpose of the Hyper-
C. Proof-of-work mechanism
ledger project? Choose all that apply?
D. Unique hash
A. To create a secure peer-to-peer net-
1494. The current state of the blockchain is work for companies in any sector.
uploaded, synchronized and presented by B. To promote the use of blockchain tech-
many computers around the world. These nology
computers are: C. To introduce the concept of digital cur-
A. servers rency
B. Algorithms D. To improve the performance and relia-
bility of global transactions
C. Data
D. Sites 1500. The sender creates a transaction by pro-
viding the receiver public address, the
1495. Which of these applications/technologies transaction value, and the digital signa-
is based on blockchain? ture.
A. Bitcoin A. True
B. Spotify B. False

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1.1 BLOCKCHAIN TECHNOLOGY 154

1501. Which of the following is a potential use B. Immutability


of blockchain in the legal industry? C. Digital currency
A. Cooking recipes D. Servers
B. Document verification and notariza-
tion 1507. In non-custodial storage someone else
keeps your private keys
C. Taxi services
A. True
D. Social media influencers

NARAYAN CHANGDER
B. False
1502. Cloud computing is a concept that in-
1508. Removing regulatory and compliance re-
volves pooling physical resources and of-
lated risks are the roles of blockchain in
fering them as which sort of resource?
open banking?
A. cloud
B. real A.
C. Virtual
D. none of the mentioned

1503. A blockchain is B.

A. a chain of lego blocks


B. a National Bank database 1509. Which of the following is the function of
Blockchain Technology?
C. a Chinese currency
A. Blockchain contains transaction data,
D. a database with information on trans-
it’s not a replacement for databases.
actions
B. Blockchain contains transaction data,
1504. What does hashing means in Blockchain so, it’s a replacement for databases.
Technology? C. Blockchain replaces databases, mes-
A. Plain text to Hashed Text to Hash Func- saging technology, transaction process-
tions ing and business processes.
B. Plain text to Public Key to Hash Text D. Blockchain and databases are exactly
C. Plain text to Hash Functions to Security the same.
Key 1510. Cryptography is used to give third par-
D. Plain text to Hash Functions to Hashed ties access to the data in the network.
Text A. True
1505. On which system does Blockchain B. False
works?
1511. A second large number of data breaches
A. Centralised system in technology banking relate to
B. Decentralised System A. Web application attacks
1506. What characteristics make blockchain B. POS intrusions
help prevent theft? C. Cyber espionage
A. VPN D. All of the above

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1.1 BLOCKCHAIN TECHNOLOGY 155

1512. What do miners do? B. CD, USB, Flash


A. Go in caves to dig up rocks and gems C. BluRay, DVD, CD

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B. Calculate the correct hash of the next D. Flash, USB, HDD
block in a blockchain
C. Reverse engineer the hash of a block 1518. Il Bitcoin Mining:
to find private keys A. means performing mathematical cal-
D. Create and maintain the programs culations on the computer processor
needed for blockchain technology
B. means attracting visitors to the web-
1513. Can we use Smart Contracts in Energy site to generate Bitcoin
Sector? C. It is generated every 20 Bitcoin Trans-
A. True actions
B. False D. They are automatic tellers for with-
drawing Bitcoin
1514. Once data entered into the blockchain
can be 1519. What is the purpose of a peer-to-peer
A. Unchanged network in a blockchain?
B. Tampered A. To store medical records
C. Modified B. To calculate the hash of a block
D. Updated C. To create consensus in the network
1515. What is the purpose of a nonce in D. To verify the block
blockchain?
1520. Who introduced the digital online cryp-
A. Used in Proof Of Work to get the tar-
tocurrency known as Bitcoin?
geted hash by adjusting
B. It is a hash function used in Proof Of A. Satoshi Nakamoto
Work B. Nick Szabo
C. Prevents double spending C. Wei D love
D. Sends information to the blockchain D. Hal Finney
network

1516. Several blocks are chained together by 1521. What does GameFi mean?
means of A. The combination of games and DeFi or
A. List Address Decentralized Finance together
B. Cryptography B. Financial system without intermedi-
aries that we can carry out every transac-
C. Cryptocurrency
tion like a bank
D. data
C. Play-to-Earn games will take place on
1517. Storage media that uses optical technol- the blockchain. Digital currency or cryp-
ogy is tocurrencies
A. CD, DVD, USB D. All correct.

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1.1 BLOCKCHAIN TECHNOLOGY 156

1522. What is a smart contract in the context 1527. Which industry can use blockchain tech-
of blockchain? nology for cybersecurity?
A. A legally binding agreement between A. Critical infrastructure
two parties.
B. Healthcare
B. A program that executes predefined
actions when specified conditions are C. Logistics
met. D. All of the above
C. A software tool used for mining cryp-

NARAYAN CHANGDER
tocurrencies. 1528. Bitcoin is a cryptocurrency, which is an
application of Blockchain.
D. A digital wallet for storing blockchain-
based assets. A. True
1523. Who proposed blockchain for bitcoin B. False
A. Tim Berners Lee C. Can be True and False
B. Paul White D. Cannot say
C. Bill Gates
1529. Which of the following is a common pre-
D. Satoshi Nakamoto
processing step in machine learning?
1524. What does NFT stand for? A. Feature scaling
A. Non-Financial Transaction
B. Model training
B. Non-Fungible Token
C. Label encoding
C. Non-Fictional Technology
D. Feature extraction
D. Non-Factorial Term
1525. Suppose you have 8 data points from 1530. What is the purpose of mining in
A-H. The post order traversal is given by blockchain technology?
Here A means Hash of A. AB means the A. To validate transactions and add new
combined hash of A and B. blocks to the blockchain
A. {ABCDEFGH, EFGH, GH, G, H, EF, E, F,
B. To create new cryptocurrency
ABCD, CD, C, D, AB, A, B}
B. {A, B, C, D, AB, CD, E, F, G, H, EF, GH, C. To secure cryptocurrency transactions
ABCD, EFGH, ABCDEFGH} D. To control the supply of cryptocurren-
C. {A, B, AB, C, D, CD, ABCD, E, F, EF, G, cies
H, GH, EFGH, ABCDEFGH}
1531. Which of the below is true ?
D. None of the Given
A. Each time a block is completed it is
1526. The basic principle of blockchain is that added to the block
the mechanisms it uses to store data are
unchangeable once recorded. Blockchain B. Each time a transaction is done a block
data is meant to be permanent, tamper- is created
proof and trustworthy. C. Each time a block is completed it is en-
A. TRUE capsulated within the mother block
B. FALSE D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 157

1532. What is the name of the technology that 1537. Which of the following technique solves
Satoshi Nakamoto introduced? the problem of Repudiation/Verifiability
problem?

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A. Blockchain
B. peer-to-peer network A. Hashing of the Transaction
C. Hyperledger B. Digitally signed Transaction
D. Smart Contracts C. Encryption using private key Cryptog-
raphy
1533. What happens to your money during a
period of “inflation”? D. None of the Given

1538. How is Bitcoin definitely stored?


A. Wallet
B. Digital wallet
C. Nel Cloud
D. Nella Blockchain

A. A unit of currency buys more than it did 1539. What are the benefits of using a
in prior periods blockchain for transactions?
B. A unit of currency buys less than it did A. Faster transaction processing times
in prior periods B. Lower transaction fees
1534. What is the purpose of a gas limit in C. Increased transparency and account-
Blockchain technology? ability
A. To limit the amount of gas used in a D. All of the above
transaction on the network
1540. What is the primary function of a smart
B. To create new cryptocurrency
contract in a blockchain?
C. To manage the network infrastructure
A. To regulate government transactions
D. To develop new consensus mecha-
nisms B. To secure private keys
C. To execute cryptocurrency trades
1535. What is a public key in Blockchain tech-
nology? D. To automate network operations
A. A unique identifier used to receive 1541. Who was the founder of Bitcoin?
cryptocurrency
B. A type of cryptocurrency
C. A database table
D. A computer program
1536. What mainly characterizes Web1?
A. Social interaction
B. dynamic pages
C. static pages
D. Smart contracts A. Natoshi Sakamoto

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1.1 BLOCKCHAIN TECHNOLOGY 158

B. Urban Honzaka 1547. who is this crypto-fraud billionaire?


C. Daniel Santos Bitcoin A. Sam Bankman Fried
D. Satoshi Nakamoto
B. Barack obama
1542. How does blockchain adjust difficulty of C. CZ
mining? (Choose 2)
A. By pumping in more electricity to pre- D. Satoshi Nakamoto
vent others from getting the hash

NARAYAN CHANGDER
1548. Which of the following is a function of a
B. By changing the difficulty every 2016 Bitcoin wallet?
blocks / 2 weeks
C. The range of solutions will be adjusted A. To create new bitcoins

D. Rewards are halved every 210, 000 B. To mine bitcoins


blocks created
C. To verify transactions
1543. Blockchain uses cryptography D. To store bitcoins
A. vero
B. false 1549. What are Bitcoin wallets?

1544. What are the different ways of acquir-


ing Bitcoins?
A. Buying
B. Barter
C. Mining
D. All of the above
A. Physical wallets to store Bitcoins
1545. What is the primary purpose of a token
in a blockchain’s token economy? B. Online platforms to buy and sell Bit-
A. To regulate government transactions coins
B. To represent physical assets C. Digital wallets to store Bitcoins
C. To automate network operations D. None of the above
D. To quantify value units
1550. Which were objectives for Blockchain
1546. State-for citizens State-for business day 2?
Digitization of internal activities of state
bodies Smart cities A. Explain the basic blockchain data struc-
A. Digitization of economic sectors ture.

B. Transition to the digital state B. Explain the significance of asymmetric


cryptography in the context of blockchain.
C. Implementation of the Digital Silk
Road C. Hash a payload.
D. Development of human capital D. Understand cryptographic math and al-
E. Creating an innovative ecosystem gorithms.

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1.1 BLOCKCHAIN TECHNOLOGY 159

1551. The blockchain uses a P2P network ar- C. Centralized data storage on single
chitecture. What does this stand for? servers

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D. Creation of nodes in different geo-
graphical points that depend on a single
server

1556. What are DIDs?


A. Digital identification devices
B. Unique identifiers in decentralized net-
works
A. Peer to Peer
C. Government-issued digital identity
B. PC to PC
documents
C. Paired to Paired
D. Employee ID Cards
D. none of above
1557. What is the main goal of the Hyper-
1552. What is the use of blockchain? ledger project?
A. Record information within the A. Help accelerate development on IBM’s
blockchain blockchain
B. Create cryptocurrencies B. Common functional modules and reuse
C. exchange information of command building block.
D. Watch movies C. Provide blockchain as a service.

1553. Each block is made up of D. none of above

A. hash of the block with some minor data 1558. Which are true about Bitcoin?
B. data, hash, and hash of the previous A. Supports multiple inputs and outputs
block in transactions.
C. data, hash, hash of the previous block B. Uses nonces to count transactions
and hash of the current block sent from an account.
D. Various mixed transaction data and C. Supports multisig natively versus
hash code. needing more complex and expensive
smart contracts.
1554. Blockchain and Bitcoin are both same.
D. Uses a UTXO system.
A. True
B. False 1559. How do the green and white candle-
sticks on the chart indicate the movement
1555. What is an application of blockchain in of asset values?
the cloud? A. Green and white candlesticks indicate
A. Decentralized data storage on single an increase or ‘bullish’ movement in asset
servers value.
B. Creation of nodes in different geo- B. Green and white candlesticks indicate
graphical points that are capable of resist- a decline or ‘bearish’ movement in asset
ing the failure of any server value.

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1.1 BLOCKCHAIN TECHNOLOGY 160

C. Green and white candlesticks indicate C. Security Token


stable asset prices. D. Stable Coin
D. Green and white candlesticks signal
random changes in asset value. 1565. Father if Bitcoin
A. Satoshi Nakamoto
1560. How can blockchain technology improve
the authenticity of certificates and diplo- B. Vitalik Buterin
mas in the education sector? C. Brendan Eich

NARAYAN CHANGDER
A. By offering career counseling D. satoshi ite
B. By issuing tamper-proof digital creden-
1566. What role does consensus mechanism
tials
play in blockchain transactions?
C. By providing weather updates
A. Enhancing anonymity
D. By optimizing transportation routes
B. Verifying and validating transactions
1561. If you change one block in a blockchain, C. Controlling centralized authority
the others update automatically.
D. Slowing down transaction speed
A. True
B. False, it depends on the protocol. 1567. Who created Ethereum?

C. False, each block would have to be re- A. Satoshi Nakamoto


mined. B. Vitalik Buterin
D. none of above C. Hal Finney

1562. Which of the following is asymmetric en- D. Nick Szabo


cryption Algorithm? 1568. What is a proof-of-work consensus al-
A. Blowfish gorithm in Bitcoin?
B. Twofish A. A consensus algorithm based on the
C. RSA amount of Bitcoin held by each node

D. Triple DEA B. A consensus algorithm based on the


amount of computing power used by each
1563. Which cryptocurrency was created as a node
joke? C. A consensus algorithm based on the
A. Cardano age of each Bitcoin wallet
B. Bitcoin D. None of the above
C. Ethereum 1569. What is one advantage of blockchain
D. Dogecoin technology over traditional methods of
data tracking?
1564. A crypto asset that derives its value
from another asset, either physical or dig- A. Real-time interaction with data
ital, that can be traded, is? B. Increased exposure and risk
A. Currency Coin C. Dependence on intermediaries
B. Utility Token D. Higher cost and time consumption

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1.1 BLOCKCHAIN TECHNOLOGY 161

1570. What is the blockchain technology pri- A. To allow certain users or addresses to
marily a combination of? participate in a network or ICO

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A. Cryptography and distributed comput- B. To create new cryptocurrency
ing
C. To manage the network infrastructure
B. Artificial intelligence and machine
learning D. To develop new consensus mecha-
nisms
C. Networking and cybersecurity
D. Data analysis and cloud computing 1575. Each block created is more difficult and
requires more complicated calculations be-
1571. Which are true of Unspent Transaction fore it is executed. We call this kind of
Outputs (UTXOs)? work what?
A. They are the digital equivalent of A. BlockChain
“change” in a transaction.
B. Decentralized
B. They allow a simple total balance in a
wallet. C. Proof of Work
C. They allow multiple inputs and outputs D. Centralized
in transactions.
1576. Symmetric Cryptography is faster than
D. They prevent multiple transactions
Asymmetric Cryptography
from different wallets.
A. True
1572. It assumes the type of block chain gener-
ation, where the mathematical computing B. False
power of the participants is not required.
You only need to store crypto assets in 1577. What is a block in a blockchain?
your account. A. A single unit of data that is stored on a
A. Proof of Work (PoW) chain
B. Proof of Stake (PoS) B. A physical object that represents a
transaction
C. Mempool
D. Smart contract C. A code that is used to encrypt data
D. None of the above
1573. What is a render farm in distributed
computing? 1578. When looking at public vs private
A. A network of computers for gaming blockchains it is important to look at who
B. A setup for distributed computing in 3D can data to the blockchain.
rendering A. Write
C. A place where computer hardware is B. Attach
manufactured
C. Edit
D. A farm where crops are grown using
distributed computing D. Define

1574. What is the role of a white list in 1579. Does the blockchain take over the deliv-
Blockchain technology? ery process in the logistics chain?

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1.1 BLOCKCHAIN TECHNOLOGY 162

D. 1. Name of sender 2. Name of recipi-


ent 3. Amount of bitcoin

1584. What is the primary benefit of using


blockchain for intellectual property rights
in the entertainment industry?
A. Generating cryptocurrency
A. Falso B. Preventing illegal downloads

NARAYAN CHANGDER
B. TRUE C. Ensuring secure and verifiable owner-
ship
1580. Connectivity, Efficiency, Convenience
are D. Predicting box office hits
A. Benefits of IoT 1585. The nature of Blockchain is, Except
B. Prinsip IoT A. Stay
C. Examples of IoT devices B. Transparency
D. IoT Choices C. Decentralization
1581. What is a blockchain? D. Fragile
A. A distributed ledger on a peer to peer 1586. Which of the following better describes
network what blockchain is?
B. A type of cryptocurrency A. Blockchain is a shared, immutable
C. An exchange ledger that facilitates the process of
recording transactions and tracking as-
D. A centralized ledger sets in a business network.
1582. What are the 3 main roles in the Augur B. Blockchain is a costly, protected
prediction process? ledger that simulates the process of for-
A. Marketplace initiator, proposer, mulating transactions, so it sells assets
learner. in a business network.

B. Marketplace creator, trader, reporter. 1587. An attacker that become the dominant
C. Marketplace, creator, participant, node and receives most of the rewards on
learner the network is known as

D. Marketplace, initiator, proposer, re- A. Denial of Service Attack


porter. B. Fake Stake Attack

1583. In the case of the Bitcoin Blockchain, C. Non repudiation


what data does it store? D. 51% attack
A. 1. Name of the sender 2. Amount of 1588. What is the application of Bitcoins?
the recipient 3. Bank details
A. Investment
B. 1. Amount of bitcoin2. 3. Hash bank
details B. Payment

C. 1. Hash 2. Amount of Bitcoin 3. Hash C. Both investment and payment


of the previous block D. None of the above

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1.1 BLOCKCHAIN TECHNOLOGY 163

1589. Which feature is not supported by 1595. Which hash function is used in bitcoin?
Blockchain Technology A. Kkkkk line

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A. Distributed Peer to Peer Network B. md5
B. Immutable Ledger
C. Dissatisfied
C. Centralized Network
D. It became popular
D. Mining Explanation:MD5 (Message Digest
Method 5) is a cryptographic hash algo-
1590. Smart contract runs under which net-
rithm used to generate a 128-bit digest
work?
from a string of any length.
A. Goerli
1596. What is the primary function of decen-
B. Polygon
tral consensus mechanisms in DLTs?
C. Sepolia
A. To slow down the transaction process
D. Ethereum
B. To make the network vulnerable to at-
1591. What does a ledger in blockchain does tacks
A. Mapping between the owner and ob- C. To centralize the data storage
ject D. To verify the data in the decentral net-
B. Identification of objects work
C. Identification of owners
1597. What is a DAO attack in Blockchain tech-
D. none of above nology?
1592. What does F stand for in ABCDEFG Dig- A. When a hacker exploits a vulnerability
ital Transformation? in a decentralized autonomous organiza-
tion
A. Flat & Structure Organization
B. A type of cryptocurrency
B. Fit & Agile Organization
C. A database table
C. Flexible & Fit Organization
D. Flat & Agile Organization D. A computer program

1593. Which consensus mechanism gives more 1598. What is a fiat currency?
power to users with more tokens in the A. Currency backed by a gold standard
consensus-finding process?
B. A currency used to purchase a car
A. Proof of Authority
C. A currency backed by a physical com-
B. Delegated Proof of Stake modity
C. Proof of Stake D. A currency that is declared a currency
D. Proof of Work by the government, although not backed
by a physical commodity
1594. AI’s most potent power is its ability to
analyze large chunks of data and provide 1599. What are the two types of transactions
useful reports for organizations. in the Hyperledger Fabric?
A. TRUE A. Deploy and Intake
B. FALSE B. Deploy and Invoke

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1.1 BLOCKCHAIN TECHNOLOGY 164

C. Publish and Call D. Whole hash changes to a different


D. Copy and Evoke hash value.
1604. What is NOT a primary network archi-
1600. What is the role of a consensus network
tecture?
in Blockchain technology?
A. Decentralized
A. To ensure that all nodes agree on the
state of the network B. Meshed Filenet
B. To create new cryptocurrency C. Distributed

NARAYAN CHANGDER
C. To manage the network infrastructure D. Centralized

D. To develop new consensus mecha- 1605. NFTs can only exist on the Ethereum
nisms blockchain
A. True
1601. (1) Mining pool and (2) memory pool
(Choose 2) B. False

A. Big companies and (2) Small compa- 1606. What is the use of digital signatures in
nies a blockchain?
B. Group of miners and (2) transactions A. Authenticating transactions
in a pool B. Mining
C. Share block rewards and (2) Miners C. Proof of work
pick higher transaction fees D. Hiding transactions
D. Less computing power and (2) more re-
1607. Traceability is a characteristic of
wards
blockchain.
1602. Select the correct statement in Bitcoin A. True
A. Current reward is 6.25 BTC B. False
B. After every 210, 000 blocks mined, or 1608. Data to be added to the system is veri-
roughly every four years, the block re- fied by other participants, who recalculate
ward given to Bitcoin miners for process- the hash. Which type of Blockchain advan-
ing transactions is cut in half tage does this correspond to?
C. Mining difficulty adjustment occurs ev- A. Decentralization
ery 2, 016 blocks
B. Full transparency
D. Bitcoin using PoS consensus algorithm
C. Confidentiality
1603. Edit the content of myfile1.txt Add a sin- D. Confidence
gle “A” as the first character to the file. E. Compromise
Now where happens to the hash of the my-
file1.txt? 1609. What aspect of blockchain technology
contributes to reducing the risk of fraud?
A. File corrupted warning shows up
A. Lack of transparency
B. Distributed Hash Table recognize it a
single change to the file and keeps the old B. Centralized control
C. One character in the hash value C. Immutability of data
changes D. Slow transaction speed

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1.1 BLOCKCHAIN TECHNOLOGY 165

1610. What is price volatility? B. Remix


A. A third-party website or online service C. Composer

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that allows people to buy, sell, and store D. Eclipse
their cryptocurrencies or convert them
back into traditional money. 1616. The individual responsible for the suc-
B. A currency issued, managed and con- cess of the project is
trolled by a government. A. Project Manager
C. The tendency of a price to be unstable B. Analyst
and constantly changing.
C. Architect
D. A tracking system that records all of
D. Developer
the transactions.
1617. A miner is a participant in the Bitcoin
1611. Once data entered into the blockchain
network who
can be
A. makes its programming skills avail-
A. Unchanged
able to correct and modify any errors in
B. Modified the code.
C. Tampered B. provides machinery and computa-
D. Updated tional power to find new blocks to add to
the blockchain.
1612. All blockchains are built for business
C. processes all transactions present
only.
within the network.
A. True
D. creates an update proposal to the
B. False Bitcoin protocol every 10 minutes.

1613. “They are stored inside a virtual wallet 1618. Why are many startup companies start-
“We’re talking about: ing to invest more in ICO?
A. Bitcoin A. It’s a quick and easy way.
B. Password B. It is another channel that many compa-
C. Cloud nies have begun to use.

D. RansomWare C. It is another way to receive huge re-


turns.
1614. Which is not a characteristic of D. It is another way to earn income that
blockchain? is more convenient nowadays.
A. Distributed Ledger
1619. What is Blockchain?
B. Mutable
A. A centralized technology
C. Encrypted
B. A decentralized and immutable tech-
D. Consensus algorithm nology
1615. To develop in Hyperledger, you use the C. A decentralized and temporary tech-
following tool: nology
A. Solidity D. One USB

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1.1 BLOCKCHAIN TECHNOLOGY 166

1620. The purpose of the Operating System in B. viruses that present the user with ad-
terms of the reliability of the protection vertising messages during use
system against user / system errors is C. viruses used to collect information
called? from the system
A. Convenience D. none of above
B. Evolution
1625. Blockchain can help reduce fraud and
C. Robustness enhance transparency in which industry’s

NARAYAN CHANGDER
D. Efficiency supply chain?
A. Fashion and apparel
1621. Who do you think Satoshi Nakamoto is?
B. Skydiving
A. Craig Wright
C. Space exploration
B. Adam Back
D. Fine dining
C. Hal Finney
D. Nick Szabo 1626. Which is the weakness of blockchain is

E. other A. Expensive Costs


B. Developers are easy to find
1622. Smart Contracts by default have no ac-
C. not safe
cess to external data. To overcome this,
you can use a/an D. environmentally friendly
A. API 1627. For large networks like Bitcoin and
B. Web Service Ethereum, a 51% attack is deemed:
C. REST Endpoint A. Likely
D. Oracle B. Costly and difficult
C. Preventable
1623. What is Blockchain primarily known for
in the digital economy? D. Inevitable

A. Data storage 1628. Which of these is NOT a technology that


B. Decentralized transactions makes up a blockchain?

C. Social networking A. Cryptography


B. Red Peer to Peer
D. Web development
C. Immutability
1624. What is meant by ransomware?
D. consensus protocol

1629. There is no main data storage server,


all records are stored in each participant
of the system. Which type of Blockchain
advantage does this correspond to?
A. Decentralization

A. Virus that prevents you from accessing B. Full transparency


your files and devices C. Confidentiality

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1.1 BLOCKCHAIN TECHNOLOGY 167

D. Confidence 1634. Which of the following is false?


E. Compromise A. Blockchain is an application

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B. Blockchain is a technology
1630. What is the purpose of a hard wallet in
C. Bitcoin is the blockchain application
Blockchain technology?
D. ethereum is the blockchain application
A. To store cryptocurrency offline for
added security 1635. Software update of a blockchain that re-
mains compatible with previous versions
B. To create new cryptocurrency
of the
C. To manage the network infrastructure A. Soft Fork
D. To develop new consensus mecha- B. Hard Fork
nisms
1636. Blockchain has distributed
1631. What are the potential benefits of A. server
smart contracts B. ledger
A. high contracting, enforcement, and re- C. transactions
silience costs
D. networks
B. low contracting, higher reenforce-
ment, and compliance costs 1637. Are tokens programmable?
A. Yes
C. low contracting, enforcement, trust,
compliance costs B. No

D. low contracting, enforcement, safe 1638. The default VS Code package has which
backup, third parties of the following features, except:
A. Command-line interface (CLI)
1632. What is the blockchain’s capacity to co-
B. Customizable keyboard shortcuts
ordinate a network of autonomous nodes
primarily achieved through? C. Git integration
A. Broader processes of change D. IBM Blockchain Platform extension

B. Development of the Internet of Things 1639. Which of these is a blockchain platform?

C. Design of incentive systems A. Hyperledger fabric


B. Stellar
D. Innovations in information technology
C. Tron
1633. If you want access control and high per- D. All of the above
formance but willing to compromise on
auditability then, which of the following 1640. a shared, immutable ledger that facili-
blockchain type is suitable? tates the process of recording transactions
and tracking assets in a business network.
A. Private Permissioned
A. Blockchain
B. Consortium B. Smart Contract
C. Hybrid C. NFT
D. Public Permissionless D. Fungible

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1.1 BLOCKCHAIN TECHNOLOGY 168

1641. What is transferred in a Bitcoin transac- C. Centralized


tion? D. Decentralized
1646. When considering a permissioned vs
permission-less blockchain it is important
to ask:are all participants ?
A. Equal
B. Trusted

NARAYAN CHANGDER
A. Die Coins C. Liked
B. The decryption code D. Truthful
C. The right of disposal over the corre- 1647. It is a tree data structure, binary or not,
sponding quantity in which each non-leaf node is labeled with
D. The disposal of the corresponding the hash of the concatenation of the labels
rights or values of its child nodes. It is a gener-
alization of hash lists and hash chains.
1642. The ERC20 standard defines
A. Proof of Work (PoW)
A. A consensus mechanism
B. Hash de Merkle
B. How hard forks are managed
C. Mempool
C. A coin / token standard D. Solidity
D. None of the above
1648. What is the purpose of a smart contract
1643. What is a smart contract? in a blockchain network?
A. A legally binding agreement A. To mine new blocks
B. A type of cryptocurrency B. To regulate the transaction fees
C. A computer program that executes au- C. To execute transactions automatically
tomatically D. To verify the identity of users
D. A type of database
1649. This feature in blockchain allows every-
1644. Which of the following is not a one to see the transactions in the network.
blockchain component? A. Transparency
A. Ledger B. Trust
B. Wallet C. Tracking of data
C. Certificate authority D. none of above
D. Hash 1650. Which industry uses blockchain to en-
hance copyright protection and royalty
1645. Digital currencies, which have the same
management for musicians and artists?
value as banknotes in different countries
that we use in our daily lives, are called A. Tourism
cryptocurrencies. B. Real estate
A. Cryptocurrency C. Music and entertainment
B. Bitcoin D. Gardening

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1.1 BLOCKCHAIN TECHNOLOGY 169

1651. What is the best-known Distributed 1656. Identify the first blockchain network
Ledger Technology? A. Ethereum

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A. Artificial Intelligence B. Sepolia
B. Virtual Reality C. Bitcoin
C. Blockchain D. Goerli
D. Cloud Computing
1657. What are the core needs for a business
1652. What is the proof-of-work in the con- blockchain?
text of “mining”? A. A shared Ledger
A. A digital signature B. good contract functionality
B. A legal proof of our work C. privacy
C. The hash of the block to be mined D. trust
D. A hash of the block-data + nonce that E. All the above
is lower than a certain target
1658. Crypto asset exchange originating from
1653. Who were the Cypherpunks? Indonesia:
A. A group of rebels with a cause, their A. Indodax
goal was to achieve privacy with cryptog-
B. Binance
raphy
C. Yobit
B. A group of anarchists sought to evade
taxes with electronic money D. moon
C. A group of scientists who created Bit- 1659. Information is created consistently ac-
coin cording to certain rules and is often dis-
D. A musical group tributed to different computers.
A. BigData
1654. They are those where control is reduced
to a single entity that is responsible for B. SmartCity
maintaining the chain, giving permissions C. Blockchain
to the users who want to participate, D. none of above
proposing transactions and accepting the
blocks. 1660. Which of the following scenario depicts
A. Blockchain públicas the Double Spending in Bitcoin?
A. Alice purchases the book from the
B. Blockchain federadas
seller with 40 bitcoin. After Receiving con-
C. Blockchain privadas firmation, seller releases the item. In
D. Blockchain híbridas nearer future, Alice manages to revert the
bitcoin and spent it to purchase another
1655. What are TUT services? thing from another seller.
A. Tokenized government services B. Alice and Bob has 40 bitcoins unspent
B. Specific benefits obtained from own- and simultaneously transferring 40 bit-
ing a particular token coin to colab’s account.
C. Technical services for tokens C. Both of the above
D. Tutorials on tokens D. none of above

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1.1 BLOCKCHAIN TECHNOLOGY 170

1661. Who invented bitcoin? 1666. What is blockchain?


A. Vitalik Buterin
B. Satoshi Nakamoto
C. Adam Back
D. Justin Sun

1662. What is a blockchain?

NARAYAN CHANGDER
A. A centralized database
B. A decentralized ledger A. A playful educational virtual platform
C. A computer virus B. Online games that make learning eas-
D. A social media platform ier
C. Series of immutable, shareable data
1663. What is Node in Blockchain?
managed by a group of computers
D. An interactive application that allows
you to make videos and share them

1667. The function of the crypto advantage is


except
A. Personal control
B. Transparency
A. Part of a plant. C. Make rich
B. System connected to the Blockchain
D. Fast
network.
C. Element of a chain. 1668. The right to vote in DAO goes to
D. Building blocks of block.
A. Customers
1664. The blockchain can also be referred to as
? B. Hackers

A. A distributed ledger on a peer to peer C. Developers


network
D. Token Holders
B. An exchange
C. A type of cryptocurrency 1669. What are private and public keys in Bit-
D. A centralized ledger coin?
A. Keys used to open Bitcoin wallets
1665. What’s the best way to describe Web3?
A. User-centric B. Keys used to sign Bitcoin transactions
B. Application-centric C. Both private and public keys are used
C. Process-centric in Bitcoin transactions
D. none of above D. None of the above

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1.1 BLOCKCHAIN TECHNOLOGY 171

1670. It deals with encryption or coding tech- 1675. What is a blockchain?


niques intended to alter the linguistic rep- A. None of all
resentations of certain messages in order

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to make them unintelligible to unautho- B. A blockchain is a centralized digital
rized recipients. ledger consisting of records called blocks.
C. A blockchain is a digital database con-
A. Hash
sisting of records called class.
B. Cryptography
D. A blockchain is a decentralized, dis-
C. genesis block tributed, digital ledger consisting of
D. Smart contract records called blocks.
1676. Which of the following statements best
1671. In the crypto world, POS stands for
describes a blockchain?
A. Point of Sale A. A decentralized digital ledger that
B. Proof of Stake records transactions in a secure and
C. Proof of Sale transparent manner
B. A centralized database controlled by a
D. none of above
single entity.
1672. First step of blockchain project imple- C. A social media platform for sharing
mentation is photos and videos.
A. Requirement identification D. A type of encryption algorithm used in
B. Feasible study on the security cybersecurity.

C. Controlling and monitoring of the 1677. Who is a miner in Blockchain?


project A. Type of Blockchain
D. Screen idea consideration B. Person doing calculations to verify a
transaction
1673. Main problem of the internet
C. Computer node to solve complex math-
A. asymmetric encryption ematical problems
B. decentralization D. None of the above
C. centralization 1678. The identity of each block in a blockchain
D. symmetric cryptography is provided by?
A. Node
1674. What characteristics differentiate NFTs
from traditional digital assets? B. Hash
A. NFTs are unique, do not replace, dupli- 1679. What is Ethereum?
cate, traditional digital assets A. The name of a public blockchain
B. NFTs can have their origin and owner- B. The name of a peer to peer network
ship proven, while digital assets currently
C. A commercial blockchain-based proto-
cannot
col featuring a smart contract manager
C. NFTs are traded on traditional, decen- D. An open-source blockchain-based dis-
tralized platforms with intermediaries tributed computing platform featuring
D. All of the above smart contract functionality.

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1.1 BLOCKCHAIN TECHNOLOGY 172

1680. What is the purpose of ‘Swapping’ in 1685. A digital data storage system includes
the world of cryptocurrency? records connected to a cryptographic sys-
A. To get cryptocurrencies that are not tem
available on other exchanges A. Cryptocurrency
B. To support new web3 projects B. Blockchain
C. To utilize the services provided by the C. Bitcoin
new web3 project D. Doge Coin

NARAYAN CHANGDER
D. All answers are correct
1686. What is the purpose of a Merkle tree in
1681. The abbreviation for GPU is a blockchain?
A. Massage Massage Rub A. To store transactions
B. Games Processing Unit B. To ensure the integrity of the
blockchain
C. Graphic Parser Unit
C. To verify the identity of users
D. Graphic Processing Unit
D. To regulate the mining process
1682. Which of the following are popular con-
sensus Algorithms? 1687. Blockchain’s Hash is determined by
A. PBFT (Practical Byzantine Fault Toler- A. Merkle Tree Root Hash
ance) B. Sum of Transactions’ Hash
B. PBFT (Practical Byzantine Fault Toler- C. Transaction’s Hash
ance) D. Nonce + Hash
C. Delegated proof-of-stake and Proof-of-
elapsed time 1688. What is ransomware?
D. All the above A. Ransomware are tests that are carried
out regularly to check whether the com-
1683. What is the future projection of the puter system is sufficiently secure
blockchain? B. Ransomware is software that causes
A. Its adoption is expected to remain sta- data loss from an external source
ble in a variety of industries C. Ransomware are computer viruses
B. Adoption expected to expand across a that make data on infected computers in-
variety of industries accessible and demand a ransom to be
C. Adoption expected to decline across a paid to restore them.
variety of industries D. none of above
D. Its adoption is expected to be phased 1689. About the construction sector:
out in a variety of industries
A. Technology is mainly applied in con-
1684. What can be represented through to- struction tasks but not so much in project
kens? management tasks, which stay quite tra-
A. Loyalty points ditional.

B. Software licenses B. Firms are used to registering all the in-


formation about buildings and this infor-
C. Financial assets mation is delivered to each new owner
D. Fiat currencies easily

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1.1 BLOCKCHAIN TECHNOLOGY 173

C. All the benefits presented by 1695. Which of the following is first dis-
blockchain are only for the first owner tributed blockchain implementation?

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D. All the answers are false A. Bitcoin
B. Ethereum
1690. What does the G stand for in ABCDEFG
Digital Transformation? C. Dogcoin
A. Going Digital D. none of above

B. Going Online 1696. What is an example of the use of cryp-


tography in a blockchain?
C. Go Far
A. Accessing private or hybrid
D. Going Together
blockchains by using a private key
1691. What does tokenomics study? B. Creating cryptocurrency as a reward
A. The global economy for mining nodes
C. Keeping blockchains secure from 51%
B. The economic system of digital tokens
attacks by corrupt nodes
C. The economic history
D. Securing transfers of cryptocurrency
D. personal finances between recipients

1692. What is the main characteristic of proof 1697. Bitcoin was created by
of work? A. John Mcafee
A. Vote regarding the most reliable node B. Satoshi Nakamoto
B. The consensus will be won by the one C. Elon Musk
who has won the most and has the most
D. Vitalik Buterin
participation
C. Verification of common participatory 1698. Advantages of public blockchain
entities A. Trustworthy
D. Adjust the hash difficulty depending on B. secure
whether there are more or fewer miners C. open and transparent
available
D. All the above
1693. Which of the following algorithm is used
1699. Which on of the following give the so-
for Ethereum blockchain?
lution for “Random Leader Selection Prob-
A. West 256 lem”?
B. West 512 A. PBFT
C. Ethhash B. POET
D. All of above C. POW
D. POS
1694. Typically a smart contract can still be
stopped after deployment 1700. What else are sites called in Blockchain?
A. True A. bots
B. False B. servers

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1.1 BLOCKCHAIN TECHNOLOGY 174

C. more world, and it must always match each


D. rarer copy. As there is no master copy stored in
one location, it’s considered decentralized.
1701. Proof of Stake consensus algorithm has A. Cryptography
extremely high power requirements?
B. Blockchain
A. True
C. Bitcoin
B. False
D. Decentralized Application

NARAYAN CHANGDER
1702. Which consensus mechanism is consid-
1707. What is NFT?
ered more environmentally friendly due to
its lower energy consumption? A. A new form of currency
A. Proof of Work (PoW) B. New file format
B. Proof of Stake (PoS) C. Niefungowalny token
C. Delegated Proof of Stake (DPoS) D. New payment system
D. Proof of Authority (PoA) 1708. What must be done before buying
crypto assets is
1703. Every Blockchain based account has a
public-private key pair A. FOMO
A. True B. DYOR

B. False C. IMHO
D. CMIIW
1704. Which of the following is the most
essential element in cloud computing by 1709. I AM A COMBINATION OF PUBLIC
CSA? AND PRIVATE ENTITIES. MY ADVAN-
TAGES ARE ACCESS CONTROL, PERFOR-
A. Virtualization
MANCE AND SCALABILITY. WHAT TYPE OF
B. Multi-tenancy BLOCKCHAIN WILL YOU DESCRIBE ME?
C. Identity and access management A. Public Permissioned Blockchain
D. All of the mentioned B. Private Permissionless Blockchain
1705. What purposes can blockchain be used C. Hybrid Blockchain
for besides cryptocurrency? D. Ethereum Blockchain
A. Store and share data, such as medical
1710. What challenges can food traceability
records, qualifications, contracts
address by leveraging blockchain technol-
B. Create and manage digital assets, like ogy?
NFTs, games, art A. Preventing food fraud and counterfeit-
C. Join and organize decentralized com- ing
munities, like DAO, DApp, DeFi B. Enabling quick identification of af-
D. All of the above fected products in case of safety issues
or recalls
1706. A digital ledger of all the transactions
ever made in a particular cryptocurrency C. Improving supply chain efficiency
and is repeatedly copied and saved onto D. Enhancing customer trust and trans-
thousands of computers all around the parency

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1.1 BLOCKCHAIN TECHNOLOGY 175

1711. Who came up with the concept of 1716. Which of the following is an example for
Blockchain in 1991? a ‘blockless’ platform?

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A. Stuart Haber, w.Scott stornetta A. IoTA
B. Hal Finney, w.Scott stornetta B. Monero
C. Satoshi Nakamoto C. Ripple
D. S Tour RT Haber, Satoshi Nakamoto D. Litecoin
1712. What are the scalability challenges of 1717. What technology is Bitcoin built on?
enterprise blockchains?
A. Ethereum
A. High latency, low storage require-
ments, and low transaction throughput. B. Javascript
B. Low latency, high storage require- C. Solidity
ments, and low transaction throughput. D. The Blockchain
C. Low latency, low storage require-
ments, and high transaction throughput. 1718. This type of system allows you to se-
curely make transactions with another
D. Limited transaction throughput, high user without the need of a third-party like
latency, and increased storage require- a bank.
ments.
A. Decentralised system
1713. What are distributed apps in the con-
B. Centralised system
text of blockchain?
A. Applications that run on a cloud-based 1719. How can blockchain technology help in
network, typically a blockchain. verifying the authenticity of luxury goods
like designer handbags?
B. Applications that run on a central-
ized network of computers, typically a A. By providing weather forecasts
blockchain. B. By offering fashion advice
C. Applications that run on a single com- C. By creating tamper-proof product his-
puter, typically a blockchain. tories
D. Applications that run on a decentral- D. By predicting stock market trends
ized network of computers, typically a
blockchain. 1720. Virtual reality (VR) and augmented re-
ality (AR) are technologies which are not
1714. What is the website that is read-only?
used in metaverse.
A. Web 2.0
A. TRUE
B. Web 1.0
B. FALSE
C. Web 4.0
D. Web 3.0 1721. Anyone can join public blockchain sys-
tems. Who are they called:
1715. Does blockchain technology today allow
A. Weiner
more things than the transfer of cryptocur-
rencies? B. Miner
A. TRUE C. Blogger
B. FALSE D. User

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1.1 BLOCKCHAIN TECHNOLOGY 176

1722. How often is a Bitcoin reward gener- 1728. Linked list is a linear collection of data
ated from mining? elements whose order
A. Every 30 minutes A. is given by their physical placement in
B. Every 20 minutes memory.

C. Every 10 Minutes B. is specified by a pointer in each ele-


ment that points to the next.
D. Every 5 minutes
C. is defined in another sorted list, con-
is like a big book where we can

NARAYAN CHANGDER
1723. taining pointers of the linked list.
write down things that happen, like when D. is specified by a sequential number as-
someone buys something or sells some- signed to each node.
thing.
A. Blockchain 1729. Message Encryption will be done using
B. Blockchain Technology A. Senders private Key
C. None of these B. Senders public key
D. none of above C. Receivers public key
D. Receivers Private key
1724. What are the benefits of blockchain
technology? 1730. How are blockchains linked?
A. A) speed and security A. Connection
B. B)Network Size B. A software
C. fraud control and access levels C. Gum
D. both a and b D. Cryptography
1725. What are smart contracts in the context 1731. Smart contracts are:
of blockchain?
A. Traditional legal agreements
A. Physical contracts stored on paper
B. Programs that run automatically under
B. Blockchain-based computer programs certain conditions
C. Traditional financial agreements C. Smart documents stored in the cloud
D. Cryptocurrency exchanges D. Digital employment contracts
1726. What is the unique identifier given to 1732. What are some key considerations
each record of data in the blockchain? when choosing a blockchain platform?
A. Key A. Transaction speed, user interface, to-
B. Code ken price
C. Hash B. Marketing strategy, company reputa-
D. Token tion, token supply
C. Scalability, security, consensus mech-
1727. Distributed Peer-to-Peer networks anism, development tools and community
avoid centralization problems completely. support.
A. True D. Blockchain size, transaction fees, pro-
B. False gramming language

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1.1 BLOCKCHAIN TECHNOLOGY 177

1733. What is a smart contract in a blockchain 1738. When a record is submitted in a


network? blockchain, how can you alter it?

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A. A digital asset that represents owner- A. You need the public and private key to
ship of a physical item. modify the record
B. An agreement between two parties B. Once submitted, records cannot be al-
that is enforced by the blockchain. tered
C. A mining algorithm used to create new C. Only a miner has the right to modify a
blocks in the blockchain record in a certain timeframe
D. An encryption protocol used to secure D. Only smart contracts have the right to
blockchain transactions. modify the record
1734. What disadvantages does Web3.0 have
compared to Web2.0? 1739. In addition to increase efficiency and re-
duce mistakes, the use of blockchain might
A. Web3.0 is not yet complete, there are allow to:
many technical, security and privacy is-
sues A. Assess and track down the reputation
of subcontractors and know if they are re-
B. Web3 is not yet popular, there are
liable
many barriers in terms of experience, ed-
ucation, and legality B. Increase safety of employees working
in a project
C. Web3.0 is still unstable and has many
environmental, social and economic im- C. Reduce the amount of money and re-
pacts sources devoted to marketing activities
D. All of the above D. All the answers are true
1735. Blockchain is immutable meaning 1740. What is a smart contract?
A. that they need to take medicine to get A. An agreement between two parties
better that is automatically executed by the
B. that one needs to install an antivirus blockchain
C. that is can die B. A code that is used to secure data on
D. that they cannot be deleted the chain

1736. In what areas is Blockchain applied? C. A type of encryption that is used to pro-
tect sensitive data
A. Another one
D. None of the above
B. Carsharing
C. Government services 1741. What is Blockchain?
D. Property registration
1737. Block hash allows for the formation of
the chain link by embedding previous block
hash in the current block header. True or
False?
A. TRUE
B. FALSE A. Blockchain

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1.1 BLOCKCHAIN TECHNOLOGY 178

B. Shared and immutable technology that B. A non-physical world designed for peo-
facilitates processes ple involved in VR gaming activities
C. Process of strategically managing the C. A virtual world designed to support the
processes of a company latest 5G mobile technology
D. Technology to slow and change pro- D. A non-physical world in which people
cesses interact virtually through technology.
1742. Which of the following is used to handle
1747. Is it possible to delete or alter informa-

NARAYAN CHANGDER
digital financial transactions without any
geographical borders tion previously stored in Blockchain?

A. IT Infrastructure A. It is only possible to ALTER


B. Digital Banking B. Only DELETE is possible
C. Cross Border Payments C. It is not possible to DELETE or ALTER
D. None of the above D. It depends on the rules defined in the
smart contracts
1743. What type of hash function is used,
when there is variable number of items to
1748. Bitcoin uses UTXO, while Ethereum
be hashed, such as the many state changes
uses
in a block?
A. Complex hash A. Double limbs
B. Tree-structured Hash B. UTXO
C. Simple Hash C. Account balance
D. Either D. Ether
1744. In the energy sector, blockchain can be
1749. What is the current impact of blockchain
used for:
on the supply chain?
A. Ordering pizza online
A. Has no impact on the supply chain
B. Managing renewable energy grids
B. Increases the opacity of processes in
C. Artistic painting techniques
the supply chain
D. Virtual reality gaming
C. Counterfeit products increase in the
1745. Bitcoin does not allow you to make pur- supply chain
chases in total anonymity D. Improves product traceability and
A. Vero combats counterfeiting
B. Falso
1750. Which of the following is NOT a charac-
C. I do not know teristic of Blockchain technology?
D. none of above
A. Decentralization
1746. Which statement best describes the B. Transparency
metaverse?
C. Scalability
A. A virtual world that connects people
worldwide without the internet D. Immutability

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1.1 BLOCKCHAIN TECHNOLOGY 179

1751. In what year was the first bitcoin is- 1756. Which of the following is a stable coin
sued? A. Dogecoin

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A. 1990 B. Paypal
B. 2003
C. USD Coin
C. 2010
D. All of the above
D. 2009
1757. What is the function of a “wallet” in a
1752. How is it possible to earn with Bitcoin? blockchain ecosystem?
A. Mining solve complex mathe- A. To store physical cryptocurrencies se-
matical problems to validate transactions curely
on the network
B. To convert fiat currency into cryptocur-
B. Trading buy and sell bitcoin rencies
with the aim of profiting from price fluc-
C. To manage private keys and interact
tuations
with the blockchain
C. Buying and holding is buying
Bitcoin and holding it, hoping for a price D. To facilitate peer-to-peer transactions
increase 1758. What is the main purpose of cryptogra-
D. All answers are correct phy?

1753. What does a hash of a block identify? A. To give third parties access to the data
in the network
A. The sender of a transaction
B. To prove the authenticity of the data
B. The receiver of a transaction shared in the network
C. The amount of coins in a transaction C. To slow down the communication pro-
D. The block and its contents cess
1754. What is the purpose of using blockchain D. none of above
technology as a digital notary?
1759. The meaning of the words “Block” and
A. To track the origin and journey of prod- “Chain”
ucts
A. Groups and Chains
B. To manage digital identities
B. Groups and Units
C. To store and secure important docu-
C. Groups and Currencies
ments and agreements
D. Box and Chain
D. To automate royalty payments

1755. Its rapid development potential ben- 1760. What is Ethereum


efits by providing solutions in multiple in- A. It is one of the most important central-
dustries ized blockchains in the world
A. are going to bring B. It is one of the most important
B. going to bring blockchains in the world of cryptocurren-
cies and is responsible for many of the rev-
C. is going to bring olutionary technologies that seek to trans-
D. going to bringing form the world as we know it.

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1.1 BLOCKCHAIN TECHNOLOGY 180

C. In a distributed closed source protocol B. False


D. It is the second centralized cryptocur- C. They just want exposure
rency with the highest market cap. D. I don’t know/Maybe.
1761. What capability do smart contracts em- 1765. Which of the following refers to Digital
bedded in a program code provide in an Asset?
Economy of Things?
A. Bitcoin
A. Decentral automated contractual

NARAYAN CHANGDER
transactions B. NFTs

B. Centralized decision-making process C. Item Gamefi


D. All correct.
C. Vulnerability to attacks
D. Decreased transaction rate 1766. A blockchain is a decentralized and
open blockchain, where anyone can partic-
1762. What are some potential uses of ipate as a node, and anyone can read and
blockchain technology? write to the blockchain.
A. Storing medical records, creating a A. Federated
digital notary, and collecting taxes
B. Public
B. Creating digital currency and manag-
C. Consortium
ing transactions
D. Private
C. Creating smart contracts and manag-
ing a peer-to-peer network 1767. EVM (Ethereum Virtual Machine) is used
D. Creating a central entity to manage the for
chain A. Adding security
1763. Fintech based on a blockchain platform B. Compiling the smart contracts
is called C. Adding new smart contracts
A. Non-Fungible Token D. Securing the transactions
B. Stablecoin 1768. the blockchain Layer 1 mainly handles
C. DeFi A. data storage
D. Crypto B. structure
E. Tokenization C. wifi
1764. Artists get paid what they actually de- D. bitcoins
serve.
1769. OpenSea is like Mercadolibre but for
buying and selling NFTs
A. TRUE
B. Falso

1770. When did blockchain technology first


come into existence?
A. True A. Early 1990s

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1.1 BLOCKCHAIN TECHNOLOGY 181

B. Late 1990s 1775. What are the directions of the Internet


C. Early 2000s of Things?

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D. Late 2000s A. consumerism
B. invention
1771. Bitcoin is created by
C. industrial
A. Saifedean Ammous
D. basic
B. Vitalik Buterin
C. Satoshi Nakamoto 1776. The screenshot of the CCTV camera in
our home which we can access via smart-
D. None of the above
phone when we are in the office is an im-
1772. WHAT IS BLOCKCHAIN plementation of technology?
A. A A. Data mining
B. B B. Ìnternet of Things
C. C C. Blockchain
D. D D. Container

1773. WHAT IS BLOCKCHAIN? 1777. Indicate one of the fields where the
A. LIBRO CONTABLE ABIERTO DONDE SE blockchain can be used
REGISTRAN TRANSACCIONES
B. IT WAS THE FIRST CRYPTOCURRENCY
C. A MARKETING NETWORK
D. IT IS THE ONE THAT VERIFIES THE
TRANSACTIONS

1774. Which among the following principle A. Health


makes it difficult to data to get changed?
B. Religion
C. Gym
D. Relationships

1778. What are 58 alphanumeric characters


making up the Base58?
A. Capital letters without (Q), Lowercase
letters without (m) and number 1-8.
B. Capital letters, lowercase letters, Nu-
merals 0 and 1 and , -, &, %
A. Decentralization
C. Capital letters from A-X, Lowercase
B. Transparency letters from a-x, Number 0-9.
C. Immutability D. Capital letters without (O, I) Lower-
D. I don’t know what am i doing here. case letters without (I), Numerals with (0)

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1.1 BLOCKCHAIN TECHNOLOGY 182

1779. True or False?Singapore is currently re- 1784. The “Public Key” should NOT be re-
searching into the concept of a national vealed or shared
cryptocurrency. A. TRUE
B. FALSE
1785. Bitcoin is a permissioned blockchain that
can only be writen by authorized users
A. True

NARAYAN CHANGDER
B. False
1786. When a record is on a blockchain, who
A. True
can access it?
B. False
A. MUltiple people on blockchain
Explanation:True! Singapore, along with
developed economies such as the United B. One person at a time
States, United Kingdom, India, and parts C. Only the people involved in transaction
of Europe, are in the research phase for
central bank-issued digital currencies.
D. none of above
1780. What is included in the end user Google 1787. What are special features of the Grid+
Sheet application? based on job cate- system?
gory/position.
A. Efficient sourcing and distribution of
A. Data Science energy
B. Secretary B. Energy efficient mining, sales
C. Project manager C. Intelligent electricity usage, Integra-
D. Visual and Art Designer tion with IOT devices
D. none of above
1781. Bitcoin and blockchain are basically the
same. 1788. What is the purpose of the distributed
A. True consensus algorithm in the blockchain?
B. False A. To create a linear chronological order
B. To alter the database without consen-
1782. What is a great opportunity for corrupt sus
governments to gain back the trust of their
citizens? C. To centralize the database

A. Tax reform D. To validate transactions

B. Infrastructure development 1789. Bitcoin whitepaper with blockchain tech-


nology was introduced in year 2008 by
C. Blockchain for voting
D. Foreign aid
A. Hai Finne
1783. The tokens possess own network B. Vitalik Buterin
A. Falso C. Michael Wood
B. TRUE D. Satoshi Nakamoto

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1.1 BLOCKCHAIN TECHNOLOGY 183

1790. IPFS is IP addressed. True or False? 1795. If E-mail is to internet, Bitcoin is to?
A. True

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B. False

1791. What is a hash function?


A. unchanging nature
B. UTXO
C. Takes an input of any length and re- A. Money
turns a fixed-length string of numbers and B. Cryptocurrency
letters
C. Hash
D. Gas
D. Blockchain
1792. What is necessary for Bitcoin?
1796. Who first introduced the concept of web
A. bank 3.0?
B. internet
A. Tim Berners Lee
C. government
B. Alan Turing
D. oxygen
C. Steve Jobs
1793. Who created the first Candlestick chart? D. Bill Gates
A. Munehisa Homma
1797. Connectivity that continuously connects
B. Steve Wozniak devices to the Internet is one of the princi-
C. Elon Musk ples of IoT which is called
D. Bill Gates A. Perpetual Connectivity

1794. What is Blockchain? B. Big data logical


C. Really Real-Time
D. The Spectrum of Insight

1798. What is saved on the blockchain?


A. Transactions
B. Passwords
C. Documents
D. Photos
A. A protocol created by the United
1799. Some components of layer 0 include:
States government
A. Nodes
B. A cryptocurrency production system
B. Miners
C. A decentralized, immutable, transpar-
ent and secure database C. Virtual machines
D. a cryptocurrency D. cryptography

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1.1 BLOCKCHAIN TECHNOLOGY 184

1800. It is a special type of instructions that D. Regulatory and legal uncertainty


is stored on the blockchain. And it also E. All is correct
has the ability to self-execute actions ac-
cording to a series of already programmed 1804. what is a blockchain
parameters. A. database
A. Proof of Work (PoW) B. technology that allows information to
B. Proof of Stake (PoS) be stored and transmitted in a transpar-
ent, secure manner and without a central

NARAYAN CHANGDER
C. Mempool control body
D. Smart contract C. communication tool
1801. What happens if someone tries to mod- D. none of above
ify the ledger in a blockchain system? 1805. “No one owns the data. But the data
A. The modification is ignored will be copied and distributed among many
computers in the network to verify among
B. The modification is automatically ac-
themselves. We call this type of data col-
cepted
lection “data storage”.
C. The system will delete the entire A. Cantralized
ledger
B. Decentralized
D. The system will check the ledgers and
C. Centralized
bring them up to date to the latest version
D. Decentralized
1802. Consider an advantage of blockchain
1806. BlockChain CANNOT be used for?
A. Digital ledger
B. Digital transaction
C. Photosynthesis
D. Decentralized application
1807. What is the role of a consensus algo-
rithm in a Blockchain network?
A. Ease of video playback
A. To ensure that all nodes agree on the
B. Promote leadership state of the network
C. Effective communication B. To create new cryptocurrency
D. Data privacy and security C. To manage the network infrastructure
D. To develop new consensus mecha-
1803. The growth of blockchain technology is
nisms
driven by factors such as (Select all appro-
priate answers) 1808. The goal of today’s blockchain is?
A. Lower costs of bandwidth, data stor- (Choose 2 Answers)
age and computing A. Recording Digital Information.
B. More efficient way to maintain trust B. Doing distribution.
C. Future in co-opetition for mutual bene- C. Lock data so that it cannot be edited.
fits D. Selling Data and Information for profit.

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1.1 BLOCKCHAIN TECHNOLOGY 185

1809. What is the major objective of 1814. Which of the following structure of
blockchain in Fintech Blockchains link one block to another,
mathematically “chaining” the transac-

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A. Gain More Money
tions together?
B. Add Digital Face to a business
A. Network
C. Remove Middle Men
B. Block
D. None of the above
C. Chain
1810. What are smart contracts? D. Process
A. define the rules and penalties around 1815. What is the purpose of a “hard fork” in
a specific agreement a blockchain network?
B. define the procedure of using wallet A. To create a new blockchain with its
C. define the standard operational proce- own set of rules and features
dures B. To improve the performance of the
D. none of above blockchain
C. To consolidate multiple blockchain net-
1811. Reconstruction of various sectors of the
works into one
economy of the Republic of Korea, which
will increase capitalization growth and la- D. To reduce the block size and transac-
bor productivity using advanced technolo- tion fees
gies and opportunities 1816. How many advantages of open bank-
A. Digitization of economic sectors ing?
B. Transition to the digital state A. 5
C. Implementation of the Digital Silk B. 6
Road C. 7
D. Development of human capital D. 8
E. Creating an innovative ecosystem
1817. Which of these could be the address of
1812. Any distributed system must make sure a Bitcoin account?
that all peers are seeing and working on A. bc1qyztg7vm90mkgjn5qwr8c5tl0klw6h2eymvam58
the same consistent data. This is called
B. = ==== =
A. Proof of work C. bitcoin.com/arealme.address.btc/1999
B. Consensus
C. Mining D. 156418741564894651654987841
D. Trusted third party 1818. Ethan is interested in buying some cryp-
tocurrencies. He heard about a platform
1813. The files on the IPFS are stored on all where people can buy, sell, and store their
the nodes on an immutable ledger. True or cryptocurrencies or convert them back into
False? traditional money. What is this platform
A. True called?
B. False A. An exchange

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1.1 BLOCKCHAIN TECHNOLOGY 186

B. A currency issued, managed and con- 1824. What is Bitcoin Script?


trolled by a government.
A. The programming language used for
C. A long series of characters created Bitcoin
randomly by the computer based on what
B. The mathematical algorithm used for
you input.
Bitcoin
D. A tracking system that records all of
the transactions. C. The communication protocol used for
Bitcoin

NARAYAN CHANGDER
1819. Whenever you want to send a payment
D. None of the above
to a recipient via a blockchain, you ask
for? 1825. What is one impact of blockchain tech-
A. Blockchain Address nology in supply chains?
B. Blockchain Key A. It increases the cost of production and
C. Blockchain Number transportation
D. Blockchain Wallet B. It brings clarity and accountability to
the gathering of raw materials
1820. Which of the following is used to hold
data and instructions that will be used C. It reduces the efficiency of the supply
shortly by the CPU? chain

A. RAM chips D. It eliminates the need for independent


farmers and miners
B. ROM chips
C. hard disk 1826. What is UNI token?
D. CD-R A. DeFi Governance token
1821. In what year was Bitcoin first used pub- B. Utility token
licly? C. Store of Value token
A. 2007 D. Exchange token
B. 2008
C. 2009 1827. What should be chosen so that the gen-
erated hash ends in two zeros.
D. 2010
A. Nonce
1822. Blockchain is an append-only ledger
B. Node
with integrity by design
A. True C. Hash

B. False D. A wallet

1823. To create an entry on the blockchain 1828. What are some examples of enterprise
database all the computers have to agree blockchains?
about its state so that no one computer can A. EOS, Tron, Cardano
make an alteration without the consensus
of others.Is this true or false? B. Hyperledger Fabric, R3 Corda, Quorum
A. true C. Ethereum, Stellar, Ripple
B. false D. Bitcoin, Litecoin, Dash

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1.1 BLOCKCHAIN TECHNOLOGY 187

1829. Data that can be obtained from various C. Hashing and proof-of-work
natural sources such as light, radio sig- D. Storing medical records
nals, vibrations, temperature, and so on,

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and can be produced by mechanical or elec- 1833. Which is not related to cryptocurrency
tronic equipment is called? mining activities (online ngepet):
A. IoT A. Hashrate
B. Big data logical B. Casing
C. Perpetual Connectivity
C. DAY
D. Big data analog
D. Wallet
1830. What are the advantages of decentral-
ization in blockchain? 1834. The BITCOIN, ETHEREUM, POLYGON,
SOLANA works on which of the corre-
A. Increased security, improved trans- sponding layers of the blockchain?
parency, enhanced privacy, and reduced
costs. A. Layer 1, Layer 2, Layer 1, Layer 2
B. Unreliable security, unclear trans- B. Layer 1, Layer 1, Layer 2, Layer 2
parency, compromised privacy, and in- C. Layer 1, Layer 2, Layer 2, Layer 1
creased costs.
D. Layer 1, Layer 1, Layer 2, Layer 1
C. No security, no transparency, no pri-
vacy, and high costs. 1835. We can use the same mnemonic phrase
D. Decreased security, limited trans- key across Bitcoin, Ethereum, and other
parency, compromised privacy, and in- blockchains.
creased costs. A. True
1831. What is a ledger system? B. False
A. A third-party website or online service 1836. Between which token types do regula-
that allows people to buy, sell, and store tors differentiate?
their cryptocurrencies or convert them
back into traditional money. A. Payment tokens
B. A currency issued, managed and con- B. Technical tokens
trolled by a government. C. Security tokens
C. A long series of characters created D. Utility tokens
randomly by the computer based on what
you input. 1837. Which of the following sentences is cor-
D. A tracking system that records all of rect?
the transactions. A. Bitcoins are printed like dollars or eu-
ros.
1832. What is the security mechanism that
makes it very hard to tamper with a B. Bitcoins have central monetary author-
blockchain? ity.
A. Using a central entity to manage the C. Bitcoins aren’t printed like dollars or
chain euros; they’re “mined”.
B. Creating consensus in the network D. Bitcoin is issued by central banks

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1.1 BLOCKCHAIN TECHNOLOGY 188

1838. What is the primary purpose of invest- 1843. The internet brought us the age of infor-
ments in blockchain technology? mation, and Blockchain is bringing us the
A. Centralized control internet of

B. Decentralized transactions A. Streaming


C. Maximizing anonymity B. Value
D. Minimizing security measures C. Augmented reality
D. Virtual reality

NARAYAN CHANGDER
1839. What is the definition of a cryptocur-
rency?
1844. Website is a part of Webpage
A. True
B. False

1845. There are 3 important aspect in the


blockchain. The answer can be more than
one.
A. Paper Money
B. A Digital Asset A. need bank to resolve

C. Coins B. The way it tracks and store data


D. None of the Above C. No more intermediaries
D. decentralized system
1840. We can make virtually unlimited ad-
dresses for the same crypto-wallet.
1846. What is the difference between a hard
A. True fork and a soft fork in the blockchain?
B. False A. A hard fork is irreversible, while soft
fork is reversible
1841. what are the overall expected benefits
of blockchain technology? B. A hard fork results in a new, separate
A. the elimination of intermediaries blockchain, while a soft fork does not

B. ensure the traceability of transactions C. A hard fork is easier to implement than


a soft fork
C. requires little computer power
D. None of the above
D. she has no limit

1842. What is the main advantage of 1847. In machine learning, what is a label?
blockchain in financial transactions? A. A numerical value used to quantify a
A. Instantaneous transaction speed. feature
B. Decreased transparency and auditabil- B. A data point that is considered an out-
ity. lier
C. Enhanced security and immutability of C. A descriptive attribute used to catego-
records. rize data
D. Lower transaction costs compared to D. The output value that a model tries to
traditional methods. predict

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1.1 BLOCKCHAIN TECHNOLOGY 189

1848. What are some of the key ideas behind C. A type of blockchain
Augur? D. A decentralized application

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A. Membership services, Consortium
BlockChain 1853. What is the main function of the host
computer in distributed computing?
B. A. Trading platform, reputation sys-
tem, crowd reporting process. A. Processing the final result
B. Dividing the task and distributing it to
C. Knowledge transfer, trading platform,
other computers
reputation system.
C. Communicating with the network
D. Ethereum Mining, Eng to End market
place prediction, Robust Algorithm. D. Storing the data for future use

1849. Blockchain is a set of 4 main technolo- 1854. How does blockchain technology en-
gies that are: hance the transparency and security of
elections?
A. traceability, immutability, scalability,
p2p network A. By ensuring the integrity of the voting
process
B. security, decentralization, scalable,
cryptography B. By reducing transaction costs and set-
tlement times
C. p2p network, accounting record, cen-
tralization, immutable C. By representing assets as digital to-
kens
D. cryptography, p2p network, account-
ing record and consensus D. By storing and securing electronic
health records
1850. What is a hash function in blockchain?
1855. Bearish reversal signal means
A. A code used to encrypt data on the
A. Signs indicating a time of decline
chain
B. Sellers have taken control of the mar-
B. A unique identifier used to access and
ket and driven prices higher, creating a
control cryptocurrency on the chain
bull market.
C. A tool used to validate transactions
C. Signs indicating an uptrend period
and add them to the blockchain
D. 3 candlestick reversal pattern
D. None of the above
1856. Within the blockchain, transparency cre-
1851. The WhatsApp which we use everyday, ates trust between
uses this algorithm to encrypt the data
A. AES 256 and SHA-3 256
B. AES 256 and SHA 256
C. SHA 256
D. MD-5 andSHA 256

1852. What is a DApp?


A. A type of cryptocurrency A. interested parties
B. A condiment B. Transaction Parties

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1.1 BLOCKCHAIN TECHNOLOGY 190

C. negotiating parties 1862. How could homeowners contribute to


the decentralization of energy using
D. alliances
blockchain technology?
E. The intermediary
A. By relying solely on the traditional en-
1857. What is the theme of Stadium Generale ergy grid
today? B. By reducing their energy consumption
A. Blockchain dan Metaverse C. By installing solar panels and batteries

NARAYAN CHANGDER
B. Data and Bitcoin D. By purchasing energy from estab-
C. Bitcoin dan Multiverse lished energy companies

D. Blockchain dan Multiverse 1863. The two most positioned cryptocurren-


cies are;
1858. Why does using the Ethereum network
cost gas? A. Ethereum y Dogecoin

A. Incentive to implement clever code B. Bitcoin y Dogecoin

B. Taxes have to be paid C. Bitcoin y Ethereum

C. Protects against network attacks D. none of above

D. The owner company makes its money 1864. The first Blockchain ever created was:
that way
A. Litecoin
1859. IDE is short for: B. Libra
A. Independent Development Environ- C. Ethereum
ment
D. Bitcoin
B. Integrated Design Environment
1865. There will be millions of different de-
C. Independent Design Environment
vices on the network, and it is an IoT re-
D. Integrated Development Environment quirement to ensure that there is no prob-
lem in connecting more devices.
1860. What are the main differences between
A. Simplicity
PancakeSwap, Uniswap, and SushiSwap?
B. Scaling
A. They use different blockchain net-
works C. Scope
B. They offer different trading pairs D. Security
C. They have different costs
1866. How blockchain helped Walmart?
D. All answers are correct
A. Helping Walmart to identify the prob-
lem areas and fixing them
1861. The middle layer in a Blockchain applica-
tion contains the user interface. B. Helping Walmart to make more money
A. TRUE C. Create more Walmart chains
B. FALSE D. Pay less taxes

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1.1 BLOCKCHAIN TECHNOLOGY 191

1867. What is the purpose of a Blockchain ex- 1872. First Established DAO in 2016 was
plorer? A. Curve DAO

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A. To view the transactions and blocks on B. Maker DAO
a Blockchain network
C. The DAO
B. To create new cryptocurrency
D. Uniswap
C. To manage the network infrastructure
D. To develop new consensus mecha- 1873. Artificial Intelligence can currently help
nisms companies fundamentally in:
A. Make a decision
1868. Who conducted the first research on
anonymous digital cash? B. Optimize manual methods
A. Satoshi Nakamoto C. Help examine processes further.
B. Vitalik Buterin D. All of the above
C. David Chaum 1874. How does one acquire bitcoins?
D. Hal Finney A. As payment for goods or services.
1869. There are public and private blockchains B. Purchase bitcoins at a Bitcoin ex-
change.
C. Exchange bitcoins with someone near
you.
D. Earn bitcoins through competitive bit-
coin mining.
E. all of the above
A. TRUE 1875. Blockchain is
B. Falso A. a distributed data of decentralized
ledger
1870. Who is credited with creating the public
cryptographic key? B. a distributed ledger of decentralized
data
A. Rivest, Shamir i Adleman
B. David Chaum 1876. Which of the following field is used in
genesis file in order to prevent replay at-
C. Satoshi Nakamoto
tack?
D. Diffie i Hellman
A. Difficulty
1871. What is a gas fee in blockchain? B. Nonce
A. A free paid by the user for processing C. Hash Value
a transaction
D. Chain Id
B. A free paid to the government for us-
ing cryptocurrency 1877. Where are the transactions recorded in
C. A fee paid to the government for using a blockchain?
cryptocurrency A. On a SQLite Database
D. None of the above B. On a SQL Database

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1.1 BLOCKCHAIN TECHNOLOGY 192

C. On a distributed immutable ledger C. To verify the block contents


D. On a centralized immutable ledger D. To slow down the creation of new
blocks
1878. Privacy-oriented cryptocurrency among
the following is 1883. How many characters does the SHA256
A. Ethereum hash produce?
B. Dogecoin A. 32

NARAYAN CHANGDER
C. Monera B. 64
D. Bitcoin C. 128
D. 256
1879. What is lightning network?
A. An on-chain payment channel for 1884. What is a 51% in blockchain?
Ethereum. A. A hacker taking control of 51% of the
B. An off-chain payment channel for Bit- network’s nodes and using them to vali-
coin. date fraudulent transactions
C. An off-chain payment channel for B. A code used to encrypt data on the
Ethereum. chain
D. An on-chain payment channel for Bit- C. A type of encryption used to protect
coin. sensitive data

1880. Blockchain transcends all physical and D. None of the above


geographical barriers and uses and
1885. Just like conventional networks, Peer-
to enable transactions globally.
to-Peer networks contain both clients and-
A. Internet connections, Fiat currency servers.
B. Cell towers, Gps A. TRUE
C. Math, Cryptography B. FALSE
D. Cell phones, GPS
1886. What is a token in Blockchain technol-
1881. When the myfile1.txt was changed as ogy?
above, what happends to the hash address A. A type of cryptocurrency
of the
B. A database table
A. File corrupted warning shows up
C. A computer program
B. Distributed Hash Table recognizes it a
D. A type of consensus mechanism.
C. Whole hash changes to a different
hash value 1887. Which feature is not supported by
D. none of above Blockchain Technology
A. Distributed Peer to Peer Network
1882. What is the purpose of consensus in a
blockchain network? B. Centralized Network
A. To identify the genesis block C. Immutable Ledger
B. To create a distributed ledger D. Mining

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1.1 BLOCKCHAIN TECHNOLOGY 193

1888. What happens when someone tamper 1893. IPFS currently only offers support for
with a block in a blockchain? text and image files. True or False?

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A. All following blocks become invalid A. True
B. Only the tampered block becomes in- B. False
valid
1894. What is the main aspect of blockchain
C. The proof-of-work is recalculated for technology discussed in the video?
the tampered block
A. Decentralized ledger system
D. The tampered block is accepted by ev-
B. Cryptocurrency mining
eryone else
C. Centralized database management
1889. Blockchain is a peer-to-peer dis-
D. Cloud computing infrastructure
tributed ledger technology.
A. Decentralized 1895. How do miners pick transactions in Bit-
coin?
B. Secure
A. By choosing the transactions with the
C. Demanding highest fees
D. Popular B. By choosing the transactions with the
lowest fees
1890. What is the potential impact of
blockchain technology on the organization C. By choosing the transactions randomly
of society, economy, and technological in- D. None of the above
frastructure?
1896. What is the potential benefit of
A. Centralization of institutions
blockchain technology in industries outside
B. Decentralization of institutions of finance?
C. Limitation of technological advance- A. More secure data storage and sharing
ments
B. Improved supply chain management
D. Reduction of economic activities
C. Enhanced voting system
1891. Crypto Currency is not a part of digital D. All of the above
currency and digital is a part of crypto cur-
rency 1897. What is the security of a blockchain
based on?
A. true
A. Creative use of hashing and the proof-
B. false of-work mechanism
1892. In public blockchain, Transactions and B. The number of nodes in the network
data are viewable by and Participant C. The type of data stored inside the
identity can be blocks
A. only admins, anonymous D. The speed of computers in calculating
B. all participants, known hashes

C. all participants, anonymous 1898. When was blockchain created?


D. only admins, known A. 2008 con Bitcoin

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1.1 BLOCKCHAIN TECHNOLOGY 194

B. 1991 to create a digital notary other, which can limit the potential for col-
C. in 2020 during the pandemic laboration and innovation.

D. I don’t know A. True


B. False
1899. Blockchain’s Hash is determined by
C. Not Applicable
A. Transaction’s hash
D. none of above
B. Merkle Tree Root Hash

NARAYAN CHANGDER
C. Sum of transactions’ hash 1904. What is the role of miners in blockchain?
D. Nonce + Hash A. Miners control the blockchain net-
work.
1900. Why do we need to trust the bank in a
centralized ledger system? B. Miners are responsible for securing
user data on the blockchain.
A. Because the bank has the most experi-
enced staff C. Miners create new cryptocurrencies.

B. Because the bank has the most ad- D. Miners validate and add transactions
vanced technology to the blockchain.
C. Because the bank has the most secure 1905. Every data record in the blockchain must
ledger system match the previous and subsequent blocks,
D. Because the bank has the only copy of so any manipulation of the data would be
the ledger noticeable and (2)

1901. What is the role of a block explorer in


blockchain?
A. To validate transactions and add them
to the blockchain
B. To store and transmit data on the chain
C. To provide a visual representation of A. be accepted
the blockchain and its data
B. be assignable
D. None of the above
C. be proven
1902. “Taking all day-to-day physical objects D. be acceptable
across the world and connecting them to
the Internet”. Kalimat di tersebut meru- 1906. Which statements about blockchain are
pakan pengertian dari? true?
A. Smartphone A. It’s a kind of ledger
B. Internet of Thing B. The current year’s transactions are
C. Artificial intelligence recorded there
D. Block Chain C. It is an encrypted archive
D. It is visible to all users
1903. Different blockchain networks are not
currently able to communicate with each E. Each block contains an encrypted key

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1.1 BLOCKCHAIN TECHNOLOGY 195

1907. ��������� Cryptocurrentcy 1912. What are factors for profitable mining?
A. Assets or currencies used on A. Type of hardware (ASIC)

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blockchain technology B. Climate of the region
B. Currency used on the Internet on the C. Electricity costs
Centralize system
D. Network bandwidth
C. Fiat currencies are used legally.
1913. What is the meaning of mining?
D. electronic currency
A. A. Process to create new coins by solv-
1908. Blockchain technology can reduce the ing complex computational math problem
cost of transactions by eliminating the B. B. Process to ask nodes to surrender
need for intermediaries and increasing ef- unused coins on the network
ficiency.
C. C. Process of searching the unused
A. True coins on Blockchain
B. False D. None of A, B, C
Explanation:Bitcoin mining is done by solv-
C. Not Applicable
ing complex cryptographic hash puzzles
D. none of above to verify blocks of transactions that are
updated on the decentralized blockchain
1909. How do renewable energy producers ledger.
currently record the amount of energy they
produce? 1914. All blocks contain a link to the previous
block, except for:
A. By selling green energy certificates
A. Block 24601
B. Using blockchain technology
B. Genesis block
C. Manually in a spreadsheet
C. The third block
D. By sending the results to a certifying D. The second block.
agency
1915. What is this?
1910. The following are the characteristics of
an agile organization, except:
A. Fast
B. Flexible
C. Dynamic A. An old ledger

D. Slow B. A stick

1916. Blockchain today has been likened to


1911. How can Non-Fungible Tokens be used?
A. NFTs game A. Landing on the moon
B. fiat currency B. The internet
C. electronic currency C. The Atari
D. dollar currency D. Virtual reality

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1.1 BLOCKCHAIN TECHNOLOGY 196

1917. In which year was the first bitcoin re- 1921. What is the origin of blockchain technol-
leased? ogy?
A. 2000 A. Public-key cryptography
B. 2008 B. Cryptographically secure hash func-
tions
C. 2009
C. Peer-to-peer networks
D. 2001
D. Distributed computing

NARAYAN CHANGDER
1918. P2P stand for
1922. Which categories of CBDCs exist?
A. Password to Private
A. Wholesale CBDCs
B. Private to Public
B. Account-based retail CBDCs
C. Peer to Peer
C. Banking CBDCs
D. None of the above
D. Token-based retail CBDCs
1919. Who is Satoshi Nakamoto? 1923. Smart contracts can automate and sim-
plify many business processes.
A. True
B. False

1924. What is not included in Malware are:


A. Virus
A. Lady
B. Worm
B. Man C. Trojan Horse
C. Group of persons D. Blockchain
D. Unknown
1925. The data layer has the following func-
1920. What is an advantage of a public tions:
blockchain? A. responsible for all the layer’s functions
A. It does not use disinterested third par- B. Ensuring secure data transmission
ties to secure blocks, as all participants
C. Detecting and rectifying errors
have a vested interest.
D. none of above
B. It is more resilient against fraud, be-
cause it uses federated nodes to combat 1926. What is a Solidity?
fraud.
A. Programming language for mobile
C. It is open to everyone in the world apps
without permission and licensing require-
ments. B. Code in Bitcoin network

D. Its networks are built by for-profit C. Programming language for writing


companies and the working of the network Smart Contracts
is guaranteed. D. Cryptocurrency

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1.1 BLOCKCHAIN TECHNOLOGY 197

1927. Using blockchain, two parties can ex- 1932. Which among these is a principle of
change data representing assets such as Blockchain?
(Select all appropriate answers)

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A. Money
B. Contract deeds
C. Medical records
D. Customer details
E. All is correct

1928. What algorithm does the Bitcoin


A. Hash system
blockchain use?
A. He wanted 46 B. Nodes

B. Dissatisfied C. Decentralization

C. MD D. Proof of Stake/Work
D. PTX56 1933. Which were the objectives for
1929. What are some good tips for building a Blockchain-Python Day 3?
crypto investment strategy? A. Explain that BIP32 generates a tree of
A. Don’t pay attention to market trends or keys from a single “master key” 256bit
news seed, and why it is used.
B. Don’t worry about potential fraud B. Explain that BIP39 allows you to back
up this master key as a set of words.
C. Making impulsive investments based
on fear of missing out (FOMO) C. Explain that BIP44 allows you to use
your master key with multiple coins.
D. Time your investments and don’t give
in to fear, uncertainty and doubt (FUD) D. Explain that BIP47 allows you to as-
sociate an identity with a payment code
1930. is the process of adding new blocks while keeping it private.
to the blockchain.
A. Transactions 1934. WHAT IS SIDEDB?
B. Node A. A
C. Blocks B. B
D. Mining C. C
1931. Which is NOT a benefit of decentralized D. D
applications?
1935. Name of daughter in law of Rajini in
A. Running on regional servers like AWS. Jailer?
B. The application only goes down if the A. Shriya Pandian
entire network goes down.
B. Shwetha Pandian
C. The application could live forever (as
long as the network exists). C. Meena Pandian
D. The application is pay-per-use. D. Vijaya Pandian

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1.1 BLOCKCHAIN TECHNOLOGY 198

1936. Open banking refers to: 1940. What is a smart contract?


A. A legal document that defines the
terms of a transaction
B. A computer program that executes au-
tomatically when certain conditions are
met
C. A type of encryption algorithm con-

NARAYAN CHANGDER
tract used for secure communication
D. A process for verifying the identity of
A. Greater financial transparency options users on a blockchain
for account holders ranging from open
data to private data 1941. What is the purpose of smart contracts
B. The use of open APIs that enable two- in a blockchain?
party developers to build applications and A. To verify the block
services around the financial institution
B. To automatically exchange coins based
C. The use of open source technology to on certain conditions
achieve the ab
C. To create consensus in the network
D. none of above
D. To calculate the hash of a block
1937. Blockchain investments are extending
to the countries and areas of the 1942. What happens after the transaction is
world quickly, providing a way to do per- validated in Blockchain?
sonal business, as well as commerce. A. The transaction is rejected
A. Underdeveloped, underbanked B. The new block is added to the
B. Diverse divided Blockchain
C. Wealthiest, smartest C. The request is broadcasted to P2P net-
work consisting of Nodes
D. none of above
D. The transaction is completed
1938. What is the total number of Bitcoins
that can be generated? 1943. What is the average Ethereum block
A. 21 Million time?

B. 22 Million A. 10 seconds

C. 20 Million B. 2-5 seconds


D. 23 Million C. 10 minutes
D. 15 seconds
1939. What is the genesis block in a
blockchain? E. 1 hour
A. The first block in the chain 1944. The Digital Code is used with digitally
B. The last block in the chain transmitted documents to verify
C. The most secure block in the chain A. The content of the document is authen-
D. The block with the highest proof-of- ticated
work B. The identity of the sender

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1.1 BLOCKCHAIN TECHNOLOGY 199

C. Prevent non-repudiation C. Because the blocks are locked to each


D. All of the Above other

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D. Because the blocks are encrypted
1945. What is Blockchain?
1950. How does a blockchain secure itself?
A. A database technology
A. By being distributed in a peer-to-peer
B. A cryptocurrency network
C. A type of computer network B. By creating smart contracts
D. All of the above C. By using a central entity to manage the
chain
1946. Advantages of the wireless “Smart
Home” system D. By collecting taxes
A. ease of installation (construction). 1951. What does UTXO stands for?
B. fiber optic cables provide high feed- A. Unique Transaction Offer
back speed B. Unspent Trade Offer
C. installation (construction) complexity C. Unspent Transaction Xeroxed Output
D. execution of commands with great ac- D. Unspent Transaction Output
curacy
1952. What are the advantages of private
1947. Web2 differs from Web1 by: blockchain network?
A. Use of cryptocurrencies A. Faster
B. Greater interactivity and content gen- B. Open & Transparent
eration by users C. Scalable
C. Blockchain technology D. Slow
D. Focus on privacy 1953. Blockchain is a technology based on a
1948. In Grid+ system, efficiency is achieved public chain of blocks of operations
by? A. DECENTRALIZED
A. Efficient distribution of energy using B. CENTRALIZADA
smart contracts
1954. What coin appears first?
B. A. Efficient use of energy for mining on
A. Asix Coin
the blockchain
B. Doge Coin
C. Direct payment to retailer, payment
and energy used automation C. Lite coin

D. none of above D. Bitcoin


1955. What is Shardeum?
1949. Why can no block in a blockchain be
moved or modified? A. A new type of cryptocurrency
A. Because the blocks are constantly B. A social media app
changing C. A decentralized finance (DeFi) protocol
B. Because the blocks are controlled by a D. A blockchain platform that uses shard-
central authority ing technology

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1.1 BLOCKCHAIN TECHNOLOGY 200

1956. How many Bitcoins will there ever be C. Add new blocks to the chain with Proof-
by 2040? of-Work
A. 21 million D. none of above
B. 10 million
1962. .... is the smallest unit of Ether
C. 14 million
A. WEI
D. Unlimited
B. ETHER

NARAYAN CHANGDER
1957. WHO VERIFIES THE TRANSACTIONS? C. WEI
A. BITCOIN D. Finney
B. LA CADENA DE BLOQUES
1963. What is a central bank digital currency
C. THE NODES (CBDC)?
D. Satoshi Nakamoto
A. Bitcoin is the most prominent example
1958. Which consensus algorithm is used by B. Digital currency
Bitcoin?
C. Issued and regulated by a central bank
A. Delegated Proof of Stake (DPoS)
D. Issued and regulated by the commu-
B. Proof of Work (PoW) nity
C. Proof of Stake (PoS)
1964. What is DECENTRALIZED?
D. Proof of Authority (PoA)
A. It stores only added data, no deletion.
1959. What are the challenges accountants B. It is a collection of data that does not
might face due to blockchain technology? have a central location for collecting data.
A. Blockchain will eliminate the need for
C. It is a form of storing various data.
professional judgement in accounting
D. It is a connection of internal informa-
B. Blockchain technology will reduce the
tion to each other.
speed of transactions
C. Accountants will no longer be needed 1965. What makes blockchain records secure?
in the industry A. They are vulnerable to hacking
D. Roles of accountants might change B. They are stored in a single location
and they may need to develop new skills
C. They are virtually invulnerable to
1960. Who introduced Bitcoin? power outages
A. Satoshi Nakamoto D. They are slow and inefficient
B. Wei D love
1966. Who is the creator of blockchain technol-
C. Nick Szabo ogy?
D. Hai Finne A. Dumbledore
1961. What does a miner do? B. Satoshi Nakamoto
A. Solve math problems C. Tony Stark
B. Receive a reward in BitCoin D. Jeff Bezos

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1.1 BLOCKCHAIN TECHNOLOGY 201

1967. What is a genesis block in Blockchain 1971. What is the primary advantage of using
technology? a decentralized system?

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A. The first block in a Blockchain network A. Improved security
B. A type of cryptocurrency B. Faster transactions
C. A database table
C. Reduced energy consumption
D. A computer program
D. Increased scalability
1968. Pillars of is
A. 1 1972. Devices that serve to coordinate the
process of information exchange between
B. 1, 2 various household appliances and equip-
C. 1, 2, 3 ment.
D. 4, 5 A. Controller(processor)
1969. What is a stablecoin in blockchain? B. Sensors
A. A type of cryptocurrency that is tied to C. Information distribution devices
the value of a real-world asset, such as
gold or the US dollar D. Interfaces
B. A type of encryption used to protect E. Executive devices
sensitive data on the chain
1973. What is the price of Bitcoin today?
C. A tool used to validate transactions
and add them to the blockchain A. approx. USD 40, 000
D. None of the above B. approx. USD 52, 000
1970. A good solution can and often does in- C. approx. USD 10, 000
corporate Blockchain along with morecon-
D. approx. USD 23, 500
ventional technologies.
A. TRUE Explanation:
B. FALSE

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