JSPM’s

RAJARSHI SHAHU COLLEGE OF ENGINEERING,

POLYTECHNIC

Department of Computer Engineering

Academic Year 2023-24

ASSIGNMENT-3

Course: ETI Course Code: 22618

Course & Code: CO6I Class: TYCO
Semester: Sixth Name of the Faculty: Mrs.S.P.Sabat
Date:

CO 3: Blockchain Technology
CHAPTER 3: Blockchain Technology
1)Who first proposed a blockchain-like protocol?
A)David Chaum

B)Dave Bayer

C)Stuart Haber

D)W. Scott StornettAns:

2)Where do you store your cryptocurrency?

A)Pocket

B)Wallet

C)Exchange

D)Bank account

3)Blockchain is a peer-to-peer _____________ distributed ledger technology that makes the records
of any digital asset transparent and unchangeable.

A)Secure
B)Popular

C)Demanding

D)Decentralized

E. G.Palmar
Ans:
4)What does P2P stand for?
A)Peer to Peer
 B)Product to Product

C)Password to Password

D)Private Key to Public Key

5)Who created Bitcoin?

A)Elon Musk

B)Warren Buffett

C)Satoshi Nakamoto

D)Mark Zuckerberg

Ans:
6) What is centralized decision-making?

 Decision-making through a small group of senior executives

 Decision-making through a large group of senior executives
 Decision-making strictly through employees
 Decisions made through consumers
Ans:
7) What is an advantage of centralization?
 Inflexibility
 Demotivating
 Improved Morale
 Efficiency
Ans:
8) What is decentralization?
 Decision making authority provided to customers
 Decision making authority shared with other member of the firm
 Less delays in decision making
 Decision making power only given to senior executives and BOD
Ans:
9. Did Blockchain enable a centralized or a decentralized system for the exchange of value?

 Decentralized
 Centralized
 None of the above
 Can't say

Ans:
10)What makes a good chain use case
A)An identifiable business network
B)A business problem to be solved
C)the need for trust
D)All the above
Ans:
Q.11) What is Blockchain?
A)A currency
B) A ledger
C )A type of currency
D) A distributed ledger on a peer-to-peer network
Ans:D
Q.12) Bitcoin is based on _________ blockchain.
A)Private
B)Public
C) Public Permissioned
D)Permissioned
Ans:B
Q.13) BATM stands for _____.
A)Bounded access transaction machine
B)Broadcast ATM
C)Bitcoin ATM
D)Blockchain ATM
Ans:C
Q.14)Blockchain is a ______ ?
A) Push technology
B)Pull technology
C)Both push and pull technology
D)None of the above
Ans:A
Q.15) A blockchain is a type of?
A)Object
B)Database
C)Table
D)View
Ans:B

Course Teacher HOD