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The Blockchain Technology (QUIZ: Part Two)

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This is my second quiz covering some of the key principles, functions, characteristics, importance and usefulness of the popular Blockchain technology. 

Today, in 2018; the Blockchain is increasingly having a huge impact on our daily lives, in a manner similar to the Internet; as applicable subsets of Blockchain technologies are being rapidly adopted across the world.

Follow this quiz series and discover all you need to know about new Blockchain developments, applications and operations. Do enjoy the quiz; and leave your score, comments and up-vote in the section below. Thanks.

  • Question of 10

    Any information that denotes any transaction taking place between two people can be recorded on the blockchain.

    • Yes
    • No
  • Question of 10

    The Blockchain is an app.

    • Yes
    • No
  • Question of 10

    In the blockchain, once a transaction (or payment, or exchange) is sent; it is sealed and cannot be reversed.

    • Yes
    • No
  • Question of 10

    The blockchain keeps its information in one central storage point in the network.

    • Yes
    • No
  • Question of 10

    Any information denoting a transfer of ownership of any item of value (or asset, or property) cannot be recorded on the blockchain.

    • Yes
    • No
  • Question of 10

    The Blockchain keeps its information in multiple points all across the network.

    • Yes
    • No
  • Question of 10

    In the Blockchain’s network; any single one point of storage is known as a node.

    • Yes
    • No
  • Question of 10

    Something that has been recorded on the blockchain can be changed later on by the person who recorded it.

    • Yes
    • No
  • Question of 10

    In a Blockchain’s network; if one point of storage is damaged or lost, there are still multiple copies of the same data remaining safe and secure elsewhere.

    • Yes
    • No
  • Question of 10

    The Bitcoin cryptocurrency network was created with the use of blockchain technology.

    • Yes
    • No

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Written by Daniel Obiago

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