Question Bank On Blockchain

1. What role does cryptography play in ensuring the security of blockchain?
2. What are the differences between public, private, and consortium blockchains?
3. Explain the concept of decentralization in the context of blockchain?
4. What is blockchain, and how does it differ from traditional databases?
5. What is a consensus algorithm, and why is it necessary in blockchain networks?
6. Explain the differences between Proof of Work (PoW), Proof of Stake (PoS), and Delegated
Proof of Stake (DPoS) consensus algorithms?
7. In your opinion, which consensus algorithm do you believe is the most secure, and why?
8. How do consensus algorithms impact the scalability of blockchain networks?
9. Do you think newer consensus algorithms, such as Proof of Authority (PoA) or Proof of Space
(PoSpace), have the potential to replace traditional ones like PoW or PoS? Why or why not?
10. How do consensus algorithms influence the decentralization of a blockchain network?
11. Can you discuss the trade-offs between decentralization, security, and scalability when
choosing a consensus algorithm?
12. What role do incentives play in ensuring the effectiveness and integrity of a consensus
algorithm?
13. How would you describe the role of mining in the blockchain ecosystem, and why is it
necessary?
14. How is Blockchain distributed ledger different from a traditional ledger?
15. What do you mean by Blocks in Blockchain Technology?
16. What is cryptography? What is its role in Blockchain?
17. What is a genesis block?
18. List down some of the extensively used cryptographic algorithms.
19. What is a smart contract and list some of its applications?
20. What is a Dapp and how is it different from a normal application?
21. Name some leading open-source platforms for developing Blockchain applications.
22. What is the nonce and how is it used in mining?
23. What is a 51% attack?
24. How does blockchain work?
25. What are the major elements of a block?
26. Which type of records can be kept in the blockchain?
27. What are the major features of blockchain?
28. What is encryption and what is its role in blockchain?
29. What are the core components of blockchain architecture?
The below-mentioned ones are the core components of blockchain architecture:
 Node - User/computer within the blockchain architecture.

 Transaction - It is the smallest building block of the blockchain system.
 Block - It is used for maintaining a set of transactions that are distributed to
all the nodes in the network.
 Chain - Sequence of blocks.
 Miners - Specific nodes that perform a block verification process before
adding to the blockchain structure.
 Consensus protocol - Set of rules to carry out blockchain operations.
30. What is double-spending?
31. What are the Merkle trees? What is its importance in blockchain?
32. How is a hard fork different from a soft fork in blockchain?
33. What is the difference between off-chain transactions and on-chain transactions?
34. what are the key strengths of the Advanced Encryption Standard (AES) compared to other
encryption algorithms?
35. What are some potential weaknesses or vulnerabilities of AES, and how do you think they
should be addressed?
36. How does the choice of key size in AES (128-bit, 192-bit, 256-bit) impact security,
performance, and practicality?
37. Can you discuss some real-world applications where AES is commonly used, and the impact
it has on security and data protection?
38. Elaborate the general properties of the Advanced Encryption Standard (AES)
crypto scheme.
39. What is Bitcoin, and how does it relate to blockchain technology?
40. Explain how transactions are processed and recorded on the Bitcoin blockchain?
41. What role do miners play in the Bitcoin network, and how are they rewarded?
42. What are some of the key features and characteristics of Bitcoin that distinguish it from
traditional forms of currency?
43. Can you explain the process of Bitcoin mining and how it validates transactions on the
blockchain?
44. Discuss the concept of Bitcoin wallets and how they are used to store and manage Bitcoin?

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1. What role does cryptography play in ensuring the security of blockchain?

The below-mentioned ones are the core components of blockchain architecture:

 Node - User/computer within the blockchain architecture.

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