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Cryptocurrency & Blockchain Free Certification | Quiz Questions and Answers

Cryptocurrency & Blockchain Free Certification | Quiz Questions and Answers

Hi everyone, Here is an opportunity fr y’all. The Digital Adda has launched Cryptocurrency & Blockchain Free Certification & after completing the quiz you get Free Certificate. Get complete details below and apply:

About the Quiz:

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.

Blockchain can be seen as consisting of several layers:

  • Infrastructure (hardware).
  • Networking (node discovery, information propagation and verification).
  • Consensus (proof of work, proof of stake).
  • Data (blocks, transactions).
  • Application (smart contracts/decentralized applications, if applicable).

Benefits: Get Cryptocurrency & Blockchain Certificate from The Digital Adda which you can share in the Certifications section of your LinkedIn profile, on printed resumes, CVs, or other documents.

Here are the Questions and Answers:

  • Transparency
  • Authorization
  • Efficiency
  • Decentralization
  • Streamline supply chains
  • Improve financial transactions
  • Provide identity management
  • All of the above
  • True
  • False
  • Reduce IT costs
  • Expand business-to-business and business-to-consumer networks
  • Enable new products
  • All of the above
  • True
  • False
  • Lowers transactional settlement times
  • Has trust problems
  • Requires no change management
  • Is energy efficient
  • Speed
  • Auditability
  • Security
  • Access control
  • Building security
  • Payment history
  • Password complexity
  • Resilience
  • Uncover insights using data
  • Address a skills gap
  • Promote traceability
  • Boost personal communication between suppliers and producers
  • Official asset registry, voting facilitation, back-office functions
  • Familiarity of blockchain architecture, foundation in cryptography, proficiency in common programming languages
  • Foundation in data structures, web development, understanding of smart contracts
  • Both B and C
  • Password to Password
  • Peer to Peer
  • Product to Product
  • Private Key to Public Key
  • A type of cryptocurrency
  • A Blockchain
  • A computer on a Blockchain network
  • An exchange
  • Satoshi Nakamoto
  • Samsung
  • John Mcafee
  • China
  • Bank account
  • Cloud
  • Wallet
  • In your pocket
  • A type of blockchain
  • An algorithm that predicts the next part of the chain
  • A person doing calculations to verify a transaction
  • Computers that validate and process blockchain transactions

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