1. Explain Merkle trees, and how Merkle-trees lead to efficient data location and transaction verification?

2. Explain the steps in creation of a crypto-wallet and how does this differ from a common experience of creating a bank account or a stock brokerage account?

3. Explain the concept of a decentralized application - i.e., a web3 application. We all used solidity compiler remix.etherum ...How does a decentralized application work?

4. We all created our own token on the ethereum network in class. Explain the concept of network faucet? Why did we need to get Eth tokens into our faucet before being able to launch our own smart contract?

5. Explain some of the key functions of the ERC-20 token standard on the ethereum protocol?

6. The Mckinsey paper which was presented in class discussed 6 distinct categories of blockchain use cases. List them and explain them in 1 sentence each.

7. What is the strategic value of the blockchain to financial services industry ? explain with an example.

8. What is the attention marketplace? and why is it inefficient according to the authors of the BAT white paper?

9. Explain briefly if a peer to peer energy marketplace will be possible because of blockchain implementation?

10. In your opinion, will it be possible for a large country such as the United States or China or India to release a stable coin on a public blockchain? If you think this is possible, what are the advantages to the government and society of such an appraoch. If this is not possible, why do you think it is not?