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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
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Transactions per second TPS for ProofofWork Blockchain are approximate
a
K per second
b
K per second
c
Only limited to the number of nodes on the network
d
per second
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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
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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
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What is Cryptocurrency?
a
A currency of some country
b
a digital currency
c
a paper currency
d
a smart card
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What is GHOST?
a
A network
b
A coin
c
A protocol
d
A ledger
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Smart Contract characteristics do not include:
a
Alterable
b
Fast and costeffective
c
A high degree of accuracy
d
transparency
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Sidechain is a separate blockchain that runs
a
dependent of Ethereum
b
independent of Ethereum
c
hybrid of Ethereum
d
consortium of Ethereum
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How many types of Cryptocurrency are there?
a
b
c
d
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What are Smart Contracts?
a
A electronic bond
b
a type of contract
c
programs that are executed
d
a legal agreement
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The term used for Blockchain splits is
a
A Merger
b
A Hash
c
A Division
d
A Fork
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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
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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
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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
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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
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
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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 frontend of a standalone application
c
Run applications on a peertopeer PP network expanding smart contracts beyond simple value transfer
d
Support applications that run on multiple public cloud providers avoiding any vendor lockin and fraud
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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 bestknown smart contract platform, to the judicial system
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