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Basic Blockchain MCQ

1. Currently, there are four types of blockchain networks. these are ......................

Answer

Correct Answer: All of the Above

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2. The Some of the largest, most known public blockchains are the ...........................

Answer

Correct Answer: Both Bitcoin & Ethereum blockchain

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3. The blockchain was invented by .................... in 2008.

Answer

Correct Answer: Satoshi Nakamoto

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4. Are Decentralized blockchains immutable?

Answer

Correct Answer: True

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5. Blockchains are store data in the form of?

Answer

Correct Answer: Blocks

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6. Blockchain is a type of ................

Answer

Correct Answer: Database

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7. What is the term for when a blockchain splits?

Answer

Correct Answer: A fork

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8. Bitcoin was created by ...................

Answer

Correct Answer: Satoshi Nakamoto

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9. What is the full form of P2P in blockchain?

Answer

Correct Answer: Peer to Peer

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10. What are the disadvantages of Blockchain Technology?

Answer

Correct Answer: All of the Above

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11. What are the benefits of blockchain technology?

Answer

Correct Answer: All of the Above

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12. How many pillars of blockchain technology have?

Answer

Correct Answer: 3

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13. What are the pillars of blockchain technology?

Answer

Correct Answer: All of the Above

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14. Which of the following industry can use blockchain technology for cybersecurity?

Answer

Correct Answer: All of the Above

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15. What is a blockchain?

Answer

Correct Answer: A distributed ledger on a peer to peer network

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