250+ Blockchain Questions - Set 18 [With Solutions]

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Blockchain Questions Set 18:

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Blockchain Questions

Set 18/28

Which of the following is not an altcoin?

Peercoin

Ripple

Ether

Bitcoin

Who created Ethereum?

Satoshi Nakamoto

Vitalik Buterin

Elon Musk

Wes Anderson

What networking principle is blockchain based on?

Virtual Private Network

Peer to Peer Network

Wide Area Network

Storage Area Network

Which of the following is an example of a private blockchain?

Bitcoin Blockchain

Cardano Blockchain

Quorum Blockchain

Ethereum Blockchain

How are Bitcoins Created?

Through a process called Mining

Through the Bitcoin Generation Algorithm

They are created whenever people invest money

All of the above

What is Taler?

It is a cryptocurrency based on SHA-256

It is a cryptocurrency based on SHA-32

It is a cryptocurrency based on Lyra2 KDF

It is a cryptocurrency based on Bitgold

What are transaction fees in the Bitcoin Blockchain?

The fee paid to the Bitcoin inventors as royalty

The fee required to be paid to make a transaction

The fee paid in order to receive a transaction

The fee received for making a transaction

What is a blind signature?

The content of the message is disguised before the message is signed

The content of the message is disguised after the message is signed

The content of the private key is disguised before the message is signed

None of the above

What are Digital Signatures?

They are signatures created using digital pens

They are signatures used to sign Bank Cheques on the computer using an external device

They are electronic signatures created using special devices

They are mathematical scheme for verifying the authenticity of digital transactions

What is a Test Network?

A Test Network is a soft fork of Main Network

A Test Network is used to test the decentralized applications before deploying on the Main Network

A Test Network is used to test the decentralized applications before deploying on the RegNet

A Test Network is a hard fork of Main Network

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Qn. Sets

Blockchain Questions Set 18:

Blockchain Questions

Which of the following is not an altcoin?

Reveal Answer

Reveal Answer

Who created Ethereum?

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Reveal Answer

What networking principle is blockchain based on?

Reveal Answer

Reveal Answer

Which of the following is an example of a private blockchain?

Reveal Answer

Reveal Answer

How are Bitcoins Created?

Reveal Answer

Reveal Answer

What is Taler?

Reveal Answer

Reveal Answer

What are transaction fees in the Bitcoin Blockchain?

Reveal Answer

Reveal Answer

What is a blind signature?

Reveal Answer

Reveal Answer

What are Digital Signatures?

Reveal Answer

Reveal Answer

What is a Test Network?

Reveal Answer

Reveal Answer

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