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BlockChain Sample Paper
1. What is a node? 7. Where do you store your
a. A type of cryptocurrency cryptocurrency?
b. A Blockchain a. Bank account
c. A computer on a b. Floppy Disk
Blockchain network c. Wallet
d. An exchange d. In your pocket
2. Who created Bitcoin? 8. What is a miner?
a. Satoshi Nakamoto a. A type of blockchain
b. Samsung b. An algorithm that predicts
c. John Mcafee the next part of the chain
d. China c. A person doing calculations
3. Blockchain is a peer-to-peer to verify a transaction
_____________ distributed ledger
d. Computers that validate
technology that makes the records
and process blockchain
of any digital asset transparent and
transactions
unchangeable. 9. What does P2P stand for?
a. Decentralized a. Peer to Peer
b. Demanding b. Product to Product
c. Secure c. Password to Password
d. Popular d. None of the above
4. Blockchain networks are much 10. Blockchain has ____ versions.
_____ and deal with no real single a. 2
point of failure. b. 3
a. Simpler c. 4
b. Easier to scale d. 5
c. Convenient 11. What are the different types of
d. Fast tokens?
5. Bitcoin is a cryptocurrency, which a. Platform
is an application of Blockchain. b. Privacy
a. True c. Currency
b. False d. All of these
6. Blockchain can perform user 12. Which is NOT a part of
transactions without involving any asymmetric encryption?
third-party intermediaries. a. Mining
a. With the help of the third b. Public key
party c. Passphrase
b. Without involving any d. Private Key
third party 13. What is a blockchain?
c. Without involving any a. A distributed ledger on a
owned peer to peer network
d. Without involving any b. A type of cryptocurrency
authenticated c. An exchange