Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the full form of DAO? a . decentralised autonomous organisation b . digital artificial organisation c . delimit address office d . decentralised

What is the full form of DAO?
a.
decentralised autonomous organisation
b.
digital artificial organisation
c.
delimit address office
d.
decentralised artificial organisation
Question 2
Not yet answered
Marked out of 1.00
Not flaggedFlag question
Question text
Transactions per second (TPS) for Proof-of-Work Blockchain are approximate_
a.
24K per second
b.
175K per second
c.
Only limited to the number of nodes on the network
d.
7-15 per second
Question 3
Not yet answered
Marked out of 1.00
Not flaggedFlag question
Question text
What does a block in a Blockchain have?
a.
Header and Digital ledger
b.
Bitcoins and Input
c.
Transactions and Bitcoins
d.
Header and Transaction
Question 4
Not yet answered
Marked out of 1.00
Not flaggedFlag question
Question text
What is the genesis block?
a.
Any block created by the founder
b.
The last block created in the Blockchain
c.
the first block of a Blockchain
d.
The first transaction in each block
Question 5
Not yet answered
Marked out of 1.00
Not flaggedFlag question
Question text
What is Cryptocurrency?
a.
A currency of some country
b.
a digital currency
c.
a paper currency
d.
a smart card
Question 6
Not yet answered
Marked out of 1.00
Not flaggedFlag question
Question text
What is GHOST?
a.
A network
b.
A coin
c.
A protocol
d.
A ledger
Question 7
Not yet answered
Marked out of 1.00
Not flaggedFlag question
Question text
Smart Contract characteristics do not include:
a.
Alterable
b.
Fast and cost-effective
c.
A high degree of accuracy
d.
transparency
Question 8
Not yet answered
Marked out of 1.00
Not flaggedFlag question
Question text
Sidechain is a separate blockchain that runs
a.
dependent of Ethereum
b.
independent of Ethereum
c.
hybrid of Ethereum
d.
consortium of Ethereum
Question 9
Not yet answered
Marked out of 1.00
Not flaggedFlag question
Question text
How many types of Cryptocurrency are there?
a.
3
b.
5
c.
6
d.
4
Question 10
Not yet answered
Marked out of 1.00
Not flaggedFlag question
Question text
What are Smart Contracts?
a.
A electronic bond
b.
a type of contract
c.
programs that are executed
d.
a legal agreement
Question 11
Not yet answered
Marked out of 2.00
Not flaggedFlag question
Question text
The term used for Blockchain splits is _____________________
a.
A Merger
b.
A Hash
c.
A Division
d.
A Fork
Question 12
Not yet answered
Marked out of 2.00
Not flaggedFlag question
Question text
GHOST stands for_
a.
Great Harvest Orange Stray Transaction
b.
Greedy Heaviest Observed SubTree
c.
Greedy Hash Observed Sub Tree
d.
Genetic Hash Observed Stake Tree
Question 13
Not yet answered
Marked out of 2.00
Not flaggedFlag question
Question text
Which of the following is considered as the primary assumption for a permissioned blockchain?
a.
closed network
b.
chosen miners
c.
no malicious miners
d.
hackers
Question 14
Not yet answered
Marked out of 2.00
Not flaggedFlag question
Question text
Which of these fields is present in a Bitcoin block summary?
a.
Gas Used
b.
Gas Limit
c.
Difficulty
d.
Private Key of the Sender
Question 15
Not yet answered
Marked out of 4.00
Not flaggedFlag question
Question text
What is a key characteristic of the Hyperledger network?
a.
It utilises the Proof of Stake (PoS) consensus algorithm as its main security measure.
b.
It is a public blockchain network and one of the oldest networks, existing since 2009.
c.
It is private, open sourced and can run everyones own distributed ledger technology (DLT).
d.
It utilises cryptocurrency as a reward mechanism, which makes the network more secure.
Question 16
Not yet answered
Marked out of 4.00
Not flaggedFlag question
Question text
What are DApps designed to do?
a.
Manage cryptocurrencies only, without any embedded voting system for governance of the blockchain
b.
Execute smart contracts with the business logic in the front-end of a standalone application
c.
Run applications on a peer-to-peer (P2P) network expanding smart contracts beyond simple value transfer
d.
Support applications that run on multiple public cloud providers avoiding any vendor lock-in and fraud
Question 17
Not yet answered
Marked out of 4.00
Not flaggedFlag question
Question text
What is the best use case for smart contracts?
a.
Digitalise and automate legally binding contracts using artificial intelligence (AI)
b.
Enforce the execution of contracts in the legal system using cryptocurrencies
c.
Ensure automatic payments by predetermined actions or events in insurance contracts
d.
Extend the Bitcoin blockchain, the best-known smart contract platform, to the judicial system

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Databases A Beginners Guide

Authors: Andy Oppel

1st Edition

007160846X, 978-0071608466

More Books

Students also viewed these Databases questions

Question

5. Describe the relationship between history and identity.

Answered: 1 week ago