blockchain quiz
Blockchain quiz. Test you knowledge about blockchain with this short quiz. Here are the questions: 1. What is blockchain technology? 2. Who is considered the creator of Bitcoin, the first cryptocurrency? 3. What is a block in a blockchain? 4. What does decentralization mean in the context of blockchain? 5. What is a smart contract? 6. What is the primary benefit of using blockchain technology? 7. What is a node in a blockchain network? 8. What is mining in the context of blockchain? 9. What is a cryptocurrency wallet? 10. What is the difference between a public and a private blockchain? Answers: A digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Satoshi Nakamoto. A block is a record of new transactions. It means that no single entity has control over the entire network. A self-executing contract with the terms of the agreement directly written into code. Increased security and tran