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Blockchain MCQ

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26th Nov, 2022
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Blockchain Mcq Questions
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Blockchain MCQ Questions

1. What are UTXOs in a Bitcoin Blockchain?
2. What is a blockchain?
3. Which of the following industry can use blockchain technology for cybersecurity?
4. What are the pillars of blockchain technology?
5. how many pillars of blockchain technology have?
6. A Blockchain carries no transaction cost.
7. What are the benefits of blockchain technology?
8. What are the disadvantages of Blockchain Technology?
9. What is the full form of P2P in blockchain?
10. Bitcoin was created by ...................
11. What is the term for when a blockchain splits?
12. Blockchain is a type of ................
13. Blockchains are store data in the form of ?
14. Are Decentralized blockchains immutable?
15. The blockchain was invented by .................... in 2008.
16. The blockchain is considered a type of .................
17. A blockchain has been described as a value-exchange protocol.
18. A hybrid blockchain has a combination of .................. features.
19. The Some of the largest, most known public blockchains are the ...........................
20. Currently, there are four types of blockchain networks. these are ......................

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Practice here the top Blockchain MCQ Questions, that check your basic knowledge of Blockchain Technology. This Blockchain MCQ Test contains 25+ Multiple Choice Questions. You have to select the right answer to every question to check your final preparation for the Blockchain Exam/Interviews. apart from this, you can also download the Blockchain MCQ PDF from the given link between the Quiz.

Blockchain MCQ Questions

1) What are UTXOs in a Bitcoin Blockchain?

A. These are rewards for miners
B.These are transaction output that has ben expended
C.These form the input and output for transactions
D.These are actual currency that is sent to the receiver of a transaction

2) What is a blockchain?

A. A Currency
B.A centralized ledger
C.A type of cryptocurrency
D.A distributed ledger on a peer to peer network

3) Which of the following industry can use blockchain technology for cybersecurity?

A. Logistics
B.Healthcare
C.Critical infrastructure
D.All of the Above

4) What are the pillars of blockchain technology?

A. Decentralization
B.Immutability
C.Transparency
D.All of the Above

5) how many pillars of blockchain technology have?

A. 2
B.3
C.4
D.6

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6) A Blockchain carries no transaction cost.

A. True
B.False

7) What are the benefits of blockchain technology?

A. Security & Speed
B.Fraud control & Access levels
C.No hidden fees
D.All of the Above

8) What are the disadvantages of Blockchain Technology?

A. Blockchain is not indestructible.
B.Scalability remains blockchain's weakness.
C.Blockchain entries do not last forever or are not immutable.
D.All of the Above

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

A. Peer to Peer
B.Public to private
C.Product to Product
D.None of above

10) Bitcoin was created by ...................

A. John Mcafee
B.Satoshi Nakamoto
C.Alon musk
D.None of above

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11) What is the term for when a blockchain splits?

A. A fork
B.A merger
C.A division
D.None of above

12) Blockchain is a type of ................

A. View
B.Table
C.Object
D.Database

13) Blockchains are store data in the form of ?

A. lines
B.Circle
C.Blocks
D.None of above

14) Are Decentralized blockchains immutable?

A. True
B.False

15) The blockchain was invented by .................... in 2008.

A. Alon Musk
B.Bill Gates
C.Satoshi Nakamoto
D.None of above

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16) The blockchain is considered a type of .................

A. Payment rail
B.Payment method
C.Payment Organisation
D.None of above

17) A blockchain has been described as a value-exchange protocol.

A. Yes
B.No

18) A hybrid blockchain has a combination of .................. features.

A. Centralized
B.Decentralized
C.Both Centralized & Decentralized
D.None of above

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

A. Bitcoin blockchain
B.Ethereum blockchain
C.Hybrid blockchain
D.Both Bitcoin & Ethereum blockchain

20) Currently, there are four types of blockchain networks. these are ......................

A. Public blockchains
B.Private blockchains
C.consortium & hybrid blockchains
D.All of the Above

21) Who is a miner in blockchain?

A. Miner is type of blockchain
B.Miner is a person doing calculations to verify a transaction
C.Miners are Computers that validate and process blockchain transactions
D.None of the above

22) Which statement is true about blockchain?

A. Blockchain has been described as a value-exchange protocol
B.Blockchain database is managed autonomously using a peer-to-peer network
C.Blockchain is a decentralized, distributed, and oftentimes public, digital ledge
D.All of the above