Daniel Obiago
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.
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Question of
Any information that denotes any transaction taking place between two people can be recorded on the blockchain.
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Yes
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No
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Question of
The Blockchain is an app.
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Yes
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No
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Question of
In the blockchain, once a transaction (or payment, or exchange) is sent; it is sealed and cannot be reversed.
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Yes
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No
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Question of
The blockchain keeps its information in one central storage point in the network.
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Yes
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No
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Question of
Any information denoting a transfer of ownership of any item of value (or asset, or property) cannot be recorded on the blockchain.
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Yes
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No
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Question of
The Blockchain keeps its information in multiple points all across the network.
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Yes
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No
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Question of
In the Blockchain’s network; any single one point of storage is known as a node.
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Yes
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No
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Question of
Something that has been recorded on the blockchain can be changed later on by the person who recorded it.
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Yes
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No
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Question of
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.
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Yes
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No
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Question of
The Bitcoin cryptocurrency network was created with the use of blockchain technology.
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Yes
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No
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I got 10 out of 10. I’m far from an expert on these things.
Great quiz, enjoyed and learned!
The Blockchain Technology (QUIZ: Part Two)
You got 6 out of 10 right!
Not so bad