Question 1

The common safe place to store personal cryptocurrency is_____________.

Options :

A : A digital wallet

B : in a secure ledger

C : a bank account

D : in a secure database

Answer: A

Question 2

Blockchain is the same as Bitcoin.

Options :

A : True

B : False

Answer: B

Question 3

The Blockchain combined with the Internet of Things (IoT) will dramatically ____________.

Options :

A : increase the use of cryptocurrency

B : speed up the internet

C : make Bitcoin less expensive

D : increase device connectivity

Answer: D

Question 4

____________ledger technology is referred to as DLT.

Options :

A : Distributed

B : Decentralized

C : Database

D : All of the above

E : None of the above

Answer: A

Question 5

Transactions per second (TPS) for a Proof-of-Work Blockchain are approximately?

Options :

A : 24K per second

B : 175K per second

C : Only limited to the number of nodes on the network

D : 7-15 per second

E : None of the above

Answer: D