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Blockchain Questions

The document is a short quiz about cryptocurrency and blockchain terminology. It contains 8 multiple choice questions that test knowledge of terms like P2P (peer to peer), nodes, wallets, miners, proof of stake, private keys, cold storage, and dApps (decentralized applications). The questions have answers ranging from a-d with only one correct answer provided for each question.

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496 views1 page

Blockchain Questions

The document is a short quiz about cryptocurrency and blockchain terminology. It contains 8 multiple choice questions that test knowledge of terms like P2P (peer to peer), nodes, wallets, miners, proof of stake, private keys, cold storage, and dApps (decentralized applications). The questions have answers ranging from a-d with only one correct answer provided for each question.

Uploaded by

sati
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1) What does P2P stand for?

a) Password to Password b) Product to Product c) Peer to Peer d) Private Key to Public Key

2) What is a node?
a) A type of cryptocurrency b) A Blockchain c) A computer on a Blockchain network d) An exchange

3) Where do you store your cryptocurrency?


a) Bank account b) Floppy Disk c) Wallet d) In your pocket

4) What is a miner?
a) A type of blockchain
b) An algorithm that predicts the next part of the chain
c) A person doing calculations to verify a transaction
d) Computers that validate and process blockchain transactions

5) What is Proof of Stake?


a) A certificate needed to use the blockchain
b) How private keys are made
c) A transaction and block verification protocol
d) A password needed to access an exchange

6) What is a private key?


a) A key on your key chain
b) A key given to the public
c) A key NOT to be given to the public
d) A key that opens a secret door

7) What is cold storage?


a) A private key connected to the Internet
b) A desktop wallet
c) A place to hang your coat
d) A private key not connected to the internet

8) What is a dApp?
a) A type of Cryptocurrency
b) A condiment
c) A type of blockchain
d) A decentralized application

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