Block Chain MCQ Quiz Questions and Answer PDF Download

Block Chain Multiple Choice Questions and Answer| Block Chain MCQ Questions Free PDF 2022|Multiple Choice Questions and Answers on Block Chain Quiz

Block Chain MCQ Quiz: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. It can be used to create a permanent, public, transparent ledger system for compiling data on sales, tracking digital use and payments to content creators, such as wireless users/musicians. Many number of job openings are available in this field. Blockchain development is one of the fastest rising fields in the labor market. A successful career opportunity in blockchain engineering offers multiple job paths and an opportunity to work on innovative projects using cutting-edge technology.

Block Chain MCQ Online Test 2022 

Those who find a job as a Blockchain developer, Blockchain quality engineer, Legal consultant, designer, project manager, and product manager, etc. are kindly practice this below Block chain mcq questions regularly. Remaining block chain MCQ Quiz questions are updated soon. Candidates obtaining a job in blockchain is not an easy task. If you have to work and practice a lot of Block chain basic questions etc. That’s why we have provided 30 important block chain MCQ questions/Block chain MCQ questions with pdf format are given below. Download the Block chain PDF link and make use of it. Students searching for career options in blockchain technology, must have a block chain technology certification course. Candidate who are interested in Block Chain Technology you can Join Professional Courses for Learning Blockchain Technology.

Advantages of Block Chain

  • Decentralized structure. Daniel Field
  • Improved security and privacy
  • Reduced costs
  • Speed
  • Visibility and traceability
  • Immutability
  • Individual control of data

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Read the Given Below Block Chain MCQ Questions Quiz

1. What is a blockchain?

  1. A blockchain is a decentralized, distributed, digital ledger consisting of records called blocks
  2. A blockchain is a decentralized, distributed, digital ledger consisting of records called blocks
  3. A blockchain is a centralized digital ledger consisting of records called blocks
  4. None of the above

Answer: A blockchain is a decentralized, distributed, digital ledger consisting of records called blocks

2. The term used for a blockchain splits is ________.

  1. A fork
  2. A merger
  3. A division
  4. None of the above

Answer: A fork

3. What are the benefits of blockchain technology?

  1. No hidden fees
  2. Security & Speed
  3. Fraud control & Access levels
  4. All of the Above

Answer: All of the Above

4. Bitcoin is created by ________.

  1. Saifedean Ammous
  2. Satoshi Nakamoto
  3. Vitalik Buterin
  4. None of the above

Answer: Satoshi Nakamoto

5. What are the pillars of blockchain technology?

  1. Immutability
  2. Transparency
  3. Decentralization
  4. All of the Above

Answer: All of the Above

6.Where do you keep your cryptocurrency?

  1. Floppy Disk
  2. Wallet
  3. Bank account
  4. In your pocket ​​

Answer: Wallet

7.Which of the following is not a blockchain component?

  1. certificate authority
  2. Ledger
  3. Wallet
  4. Hash

Answer: certificate authority

8. Which of the following is true about the bitcoin scripting language?

  1. support infinite time/memory
  2. stack based
  3. Turing complete
  4. None of the above

Answer: stack based

9. P2P stand for ________

  1. Peer to Peer
  2. Password to Private
  3. Private to Public
  4. None of the above

Answer: Peer to Peer

10. The alternatives to POW are ______

  1. Delegated Proof Of Stake
  2.  Proof of stake
  3. Both A and B
  4. None of the above

Answer: Both A and B

11.  _______ provides the power to the Ethereum Virtual Machine.

  1. Gas
  2.  Ether
  3. Both A and B
  4. None of the above

Answer: Gas

12.POW stands for__________

  1. Proof of Work
  2. Proof of Word
  3. Proof of Wisdom
  4. None of the above

Answer: Proof of Work

13. Bitcoin is created by ______

  1. Satoshi Nakamoto
  2. Vitalik Buterin
  3. Saifedean Ammous
  4. None of the above

Answer: Satoshi Nakamoto

14. The term used for a blockchain splits is ________.

  1. A division
  2. A merger
  3. A fork
  4. None of the above

Answer: A fork

15. IPFS stand for ________

  1. Interproject File System
  2. Interplanetary File System
  3. Interplanetary Fax System
  4. None of the above

Answer: Interplanetary File System

16. The research paper that brought Bitcoin to the world is known as ________

  1. Blue Paper
  2. Red Paper
  3. Black Paper
  4. White Paper

Answer: White Paper

17. _______ are the real-world applications of blockchain.

  1. Banking
  2. Distributed Cloud Storage
  3. Healthcare
  4. All of the above

Answer: All of the above

18. Proof of Stake is _______

  1. A transaction and block verification protocol
  2. A certificate needed to use the blockchain
  3. All of the above
  4. None of the above

Answer: A transaction and block verification protocol

19. In blockchain, a block is consist of ____

  1. Transaction data
  2. A Hash point
  3. A Timestamp
  4. All of the above

Answer: All of the above

20. Blockchain was invented in which year?

  1. 2007
  2. 2006
  3. 2008
  4. 2009

Answer: 2008

21. ______ was the famous Bitcoin exchange from Japan.

  1. Bitstamp
  2. Mt. Gox
  3.  All of above
  4. None of above

Answer: Mt. Gox

22. Mt. Gox which was the one of the famous Bitcoin exchange collapsed in which year?

  1. 2014
  2. 2013
  3.  2011
  4. 2016

Answer: 2014

23.  __________ is used for storing bitcoins.

  1. Wallet
  2. Block
  3. All of above
  4. None of above

Answer: Wallet

24. _______ is the type of ledger present in Blockchain.

  1. Decentralized Ledger
  2. Distributed Ledger
  3. Both A and B
  4. None of above

Answer: Both A and B

25. The process of creating new bitcoins is known as__________

  1. Sourcing
  2. Financing
  3. Mining
  4. None of the above

Answer: Mining

26. Blockchain technology is consists of _______ pillars.

  1. 9
  2. 5
  3. 7
  4. 3

Answer: 3

27. UTXO stands for _______.

  1. United Transaction Output
  2. Unspent Transaction Output
  3. United Transaction Office
  4. Unspent Transaction Office

Answer: Unspent Transaction Output

28. The maximum number of bitcoins that can be created is___________

  1. 21 million
  2. 25 million
  3. 11 million
  4. 100 million

Answer: 21 million

29. _________ characteristic makes blockchain tamper-proof.

  1. VPN
  2. Cryptocurrency
  3. Immutability
  4. All of the above

Answer: Immutability

30. _______ is the part of asymmetric encryption.

  1. Private Key
  2. Public key
  3. Passphrase
  4. All of the above

Answer: All of the above

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