InterviewSolution
Saved Bookmarks
InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
In private blockchains, you can create your own tokens for transactions. |
|
Answer» In PRIVATE blockchains, you can create your own tokens for transactions. |
|
| 2. |
Which consensus algorithm requires a complex, computation intensive mathematical problem to be solved. |
|
Answer» Which consensus algorithm REQUIRES a complex, computation intensive MATHEMATICAL problem to be solved. |
|
| 3. |
The Proof of Elapsed Time (PoET) concept was developed by ______ in early 2016. |
|
Answer» The Proof of Elapsed Time (PoET) CONCEPT was developed by ______ in EARLY 2016. |
|
| 4. |
A peer to peer network of autonomous computers is a ______. |
|
Answer» A PEER to peer NETWORK of autonomous computers is a ______. |
|
| 5. |
_____ relies on exchange of messages among nodes that follow a distributed protocol to come to an agreement. |
|
Answer» _____ RELIES on exchange of messages among nodes that follow a distributed protocol to come to an agreement. |
|
| 6. |
Which release of Ethereum will have Proof of Stake Consensus algorithm. |
|
Answer» Which release of Ethereum will have Proof of Stake Consensus algorithm. |
|
| 7. |
Which consensus algorithm requires the users to have a stake in the blockchain? |
|
Answer» Which consensus algorithm requires the users to have a stake in the blockchain? |
|
| 8. |
Decentralized platforms do not require information to pass through a single point. |
|
Answer» Decentralized PLATFORMS do not require INFORMATION to pass through a single point. |
|
| 9. |
Permissioned blockchains usually use PBFT algorithms. |
|
Answer» Permissioned BLOCKCHAINS usually use PBFT algorithms. |
|
| 10. |
What is the total number of bitcoins that can ever exist? |
|
Answer» What is the total number of BITCOINS that can ever exist? |
|
| 11. |
What does C stands for in CAP theorem? |
|
Answer» What does C stands for in CAP theorem? |
|
| 12. |
Bitcoin is a public, permisionless blockchain. |
|
Answer» BITCOIN is a PUBLIC, permisionless blockchain. Choose the correct OPTION from below list (1)False (2)TRUE Answer:-(2)True |
|
| 13. |
Consensus algorithms must be fault tolerant. |
|
Answer» Consensus algorithms must be FAULT tolerant. |
|
| 14. |
In ______ mechanism, the miner is selected based on reputation built over time. |
|
Answer» In ______ mechanism, the miner is selected based on REPUTATION built over time. |
|
| 15. |
Which style of programming is well suited for Smart Contract programming? |
|
Answer» Which STYLE of programming is well SUITED for Smart Contract programming? |
|
| 16. |
Which of the following is a Leader election-based consensus mechanism? |
|
Answer» Which of the following is a Leader election-based consensus mechanism? |
|
| 17. |
_____ are a collection of transactions bundled together to be added to a blockchain. |
|
Answer» _____ are a COLLECTION of transactions bundled TOGETHER to be added to a blockchain. |
|
| 18. |
_____ contains hash of previous block and all the important information required by the block. |
|
Answer» _____ contains hash of PREVIOUS block and all the IMPORTANT INFORMATION required by the block. |
|
| 19. |
Which of these is a major limitation of blockchain technology? |
|
Answer» Which of these is a major limitation of BLOCKCHAIN TECHNOLOGY? |
|
| 20. |
Miners are rewarded with tokens like bitcoins and ether for mining the blocks. |
|
Answer» MINERS are rewarded with tokens like bitcoins and ether for mining the blocks. Choose the CORRECT option from below list (1)FALSE (2)True Answer:-(2)True |
|
| 21. |
Ether provides greater flexibility than Bitcoin does |
|
Answer» Ether PROVIDES greater flexibility than Bitcoin does |
|
| 22. |
_____ is a process of verifying transactions, bundling them into blocks, and adding those blocks to the blockchain. |
|
Answer» _____ is a process of verifying transactions, BUNDLING them into BLOCKS, and adding those blocks to the blockchain. |
|