Notes
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Question 6 Select one:
a.
10256
b.
2256
c.
1077
d.
2160
7. Blockchain is moving very fast, but we still have a lot to learn and new opportunities exist on many levels.
Question 7 Select one:
True
False
8. What does distributed power mean within the context of a public blockchain?
Question 8 Select one or more:
a.
Control over the blockchain is distributed across a peer-to-peer network.
b.
Every action or transaction is broadcast across the entire network for subsequent verification and validation; no intermediaries are required.
c.
Powerful institutions can implement large-scale changes to the network without consent.
d.
Anyone can download the protocol for free and maintain a copy of the blockchain.
9. In a centralized ledger or database, which of the following is true?
Question 9 Select one:
a.
Transactions are transparent and visible to all parties, in real-time.
b.
Often many intermediaries are involved in validating the integrity of the transaction.
c.
Transactions cannot be changed once they have been added to the ledger.
d.
Transactions are settled automatically, requiring no clearing house.
10. The term bitcoin refers to a......
Question 10 Select one or more:
a.
virtual currency
b.
distributed computing innovation
c.
network
d.
protocol
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