InterviewSolution
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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. |
Ethereum is a digital currency. |
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Answer» Ethereum is a digital currency. |
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| 2. |
Who is the founder of Hyperledger fabric? |
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Answer» Who is the founder of Hyperledger fabric? |
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| 3. |
Multichain is an example of _______. |
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Answer» MULTICHAIN is an example of _______. CHOOSE the CORRECT option from below LIST (1)Federated Blockchain (2)Public Blockchain (3)Private Blockchain Answer:-(3)Private Blockchain |
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| 4. |
Cryptocurrency is authorized in all countries. |
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Answer» CRYPTOCURRENCY is authorized in all countries. Choose the correct OPTION from below LIST (1)False (2)True Answer:-(1)False |
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| 5. |
The blockchain currencies that evolved post bitcoin is generally known as _________. |
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Answer» The BLOCKCHAIN currencies that EVOLVED post bitcoin is generally known as _________. |
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| 6. |
A copy of the blockchain is maintained locally in all the user nodes of the network. |
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Answer» A copy of the blockchain is maintained locally in all the user nodes of the network. |
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| 7. |
Bitcoin is a __ network of nodes. |
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Answer» BITCOIN is a __ NETWORK of nodes. Choose the correct option from below list (1)P2B (2)P2P (3)None of the options. Answer:-(1)P2B |
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| 8. |
The value of coins, such as litecoin and bitcoin, remains the same across all the exchanges that actively trade them. |
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Answer» The VALUE of COINS, such as litecoin and BITCOIN, remains the same across all the exchanges that actively trade them. |
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| 9. |
In bitcoin mining, the computational power adjusts the difficulty level of mining. |
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Answer» In bitcoin MINING, the COMPUTATIONAL power adjusts the difficulty level of mining. |
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| 10. |
Bitcoin is a type of public blockchain. |
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Answer» Bitcoin is a TYPE of PUBLIC blockchain. |
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| 11. |
Consortium blockchain has a predefined set of nodes allowing the users to write the data. |
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Answer» Consortium blockchain has a predefined set of nodes allowing the USERS to write the data. |
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| 12. |
Blocks are created in the blockchain network post consensus is achieved. |
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Answer» BLOCKS are created in the blockchain network post CONSENSUS is achieved. Choose the CORRECT option from below LIST (1)False (2)True Answer:-(2)True |
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| 13. |
Computational power adjusts the level of difficulty in mining. |
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Answer» Computational power adjusts the LEVEL of difficulty in mining. |
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| 14. |
Who is a miner? |
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Answer» Who is a miner? |
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| 15. |
Encryption reduces data security? |
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Answer» ENCRYPTION REDUCES data SECURITY? Choose the correct option from below list (1)False (2)True Answer:-(1)False |
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| 16. |
The output of hashing is popularly known as _______ . |
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Answer» The OUTPUT of HASHING is popularly known as _______ . |
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| 17. |
The sender and the receiver in a transaction always provide miners with a fee. |
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Answer» The sender and the receiver in a TRANSACTION always provide miners with a fee. |
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| 18. |
Bitcoins can be purchased in exchange of services. |
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Answer» Bitcoins can be PURCHASED in EXCHANGE of services. |
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| 19. |
Block rewards are given for every successful transaction verification in the network. |
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Answer» Block rewards are GIVEN for every successful transaction verification in the network. |
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| 20. |
Blockchain which is popularly known as for the people, by the people and of the people is ___________. |
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Answer» BLOCKCHAIN which is popularly known as for the people, by the people and of the people is ___________. CHOOSE the correct option from below list (1)Federated Blockchain (2)Public Blockchain (3)PRIVATE Blockchain Answer:-(2)Public Blockchain |
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| 21. |
_____________ is popularly known as DLT with a difference. |
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Answer» _____________ is POPULARLY KNOWN as DLT with a difference. |
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| 22. |
Which platform could gain its best use case from supply chain industry? |
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Answer» Which PLATFORM could GAIN its best use case from supply CHAIN industry? |
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| 23. |
Which of the following platform(s) provides a modular architecture? |
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Answer» Which of the following platform(s) PROVIDES a modular architecture? |
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| 24. |
Which among the following are the advantages of using Bitcoin? |
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Answer» Which among the FOLLOWING are the advantages of using Bitcoin? |
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| 25. |
The value of cryptocurrency is independent of market conditions. |
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Answer» The value of cryptocurrency is independent of MARKET conditions. |
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| 26. |
Private blockchain is a de-centralized type of blockchain? |
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Answer» Private BLOCKCHAIN is a de-centralized type of blockchain? |
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| 27. |
Private blockchain helps organizations with privacy and compliance regulations to implement blockchain. |
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Answer» PRIVATE blockchain helps organizations with privacy and compliance regulations to implement blockchain. Choose the correct option from below list (1)True (2)False Answer:-(1)True |
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| 28. |
Bitcoin is a __________. |
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Answer» BITCOIN is a __________. CHOOSE the correct OPTION from below list (1)Peer to public currency (2)Public to peer currency (3)Peer to peer currency (4)Public to public currency Answer:-(3)Peer to peer currency |
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| 29. |
Blockchain provides ___________ kind of database for every transaction involving value. |
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Answer» BLOCKCHAIN provides ___________ kind of database for every transaction involving value. Choose the CORRECT option from below LIST (1)Closed Centralized (2)Closed DECENTRALIZED (3)Open Centralized (4)Open Decentralized Answer:-(4)Open Decentralized |
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| 30. |
One bitcoin could be divided down to ____ decimal points? |
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Answer» ONE bitcoin could be DIVIDED down to ____ DECIMAL points? Choose the correct option from below LIST (1)8 (2)4 (3)16 (4)5 Answer:-(1)8 |
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| 31. |
Encrypted text is also known as ____________. |
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Answer» Encrypted text is ALSO known as ____________. |
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| 32. |
Blockchain network would make it impossible to bypass the traditional financial intermediaries. |
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Answer» BLOCKCHAIN network WOULD make it impossible to BYPASS the traditional financial intermediaries. Choose the correct option from below list (1)FALSE (2)True Answer:-(1)False |
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| 33. |
The first smart contract platform is _______. |
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Answer» The first smart contract platform is _______. |
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| 34. |
Smart contracts enable control of digital currency transfer between sender and receiver based on certain defined rules a |
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Answer» SMART contracts enable control of digital currency transfer between sender and receiver BASED on certain defined rules and conditions. Choose the correct OPTION from below LIST (1)Sometime yes (2)False (3)True Answer:-(3)True |
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