Best Blockchain Technology Quiz – Crack it in 3 Minutes

by DataFlair Team · Published June 18, 2018 · Updated March 13, 2019

1. Blockchain Technology Quiz

In our last article, we discussed the first part of the Blockchain Technology Quiz. Today, we will see the top 20 tricky MCQs of Blockchain Technology. This free online quiz for Blockchain technology will revise your knowledge of Blockchain. This Blockchain Technology Quiz helps you to examine yourself.
So, let’s start the Blockchain Technology Quiz.

Best Blockchain Technology Quiz – Crack it in 3 Minutes

Q.1 What is UTXO?

United Transaction Office

United Texan Xerox Organization

Unspent Transaction Output

Union of Texas Operations

Correct! Wrong!

Q.2 Who invented Merkle Trees?

Ralph Merkle

Ralph Wiggum

Nick Szabo

Vitalik Buterin

Correct! Wrong!

Q.3 What is a hash function?

A fork

UTXO

Takes an input of any length and returns a fixed-length string of numbers and letters

Gas

Correct! Wrong!

Q.4 What does IPFS stand for?

Interplanetary File System

Inter Filing System

Internet Play Store

Internet Platform for Storage

Correct! Wrong!

Q.5 What is a Dash Masternode?

Two nodes sharing resources

A single node that runs the whole network

A node that provides additional supervisory network services

Master of all Dash nodes

Correct! Wrong!

Q.6 What characteristic makes blockchain tamper-proof?

VPN

Immutability

Cryptocurrency

Servers

Correct! Wrong!

Q.7 What is the name of the research paper that brought Bitcoin to the world?

Black Paper

White Paper

Yellow Paper

Green Paper

Correct! Wrong!

Q.8 Bitcoin uses UTXO, Ethereum uses:

Double spend

UTXO

Account Balance

Ether

Correct! Wrong!

Q.9 What are sidechains?

Another term for a hash function

Smart Contracts that have forked off the main Blockchain

A parallel network running adjacent to the main blockchain network for additional security

Any mechanism that allows tokens from one blockchain to be securely used within a completely separate Blockchain

Correct! Wrong!

Q.10 What is a LiteClient?

Allows you to interact with the blockchain without downloading the whole blockchain

A type of cryptocurrency

A platform to develop dApps

A server

Correct! Wrong!

Q.11 True or False: Blockchain is the same as Bitcoin.

True

False

Correct! Wrong!

Q.12 When a record is on a blockchain, who can access it?

Multiple people simultaneously.

One person at a time.

Only the people involved in the transaction.

Correct! Wrong!

Q.13 Once records are submitted on a blockchain, can they be altered?

Yes – the parties can go back in and alter them at any time.

Yes – but only within a certain time frame.

No – they cannot be altered.

Correct! Wrong!

Q.14 Is it possible to program a blockchain to record transactions automatically?

Yes

Correct! Wrong!

Q.15 Are blockchain fully public?

Yes

It depends

Correct! Wrong!

Q.16 When did bitcoin’s creator publish a whitepaper introducing the digital currency?

2007

2008

2009

2010

Correct! Wrong!

Q.17 What is the maximum number of bitcoins that can be created?

16 million

21 million

100 million

There is no maximum

Correct! Wrong!

Q.18 Which of the following is a now-defunct Bitcoin exchange?

Bit Box

Mt Fox

Mt Gox

Ft Nox

Correct! Wrong!

Q.19 What is the process of creating new bitcoins popularly known as?

Finding

Panning

Sourcing

Mining

Correct! Wrong!

Q.20 What was the highest the Bitcoin price ever reached on the CoinDesk Bitcoin Price Index?

$1,113

$2,346

$1,165

$984

Correct! Wrong!

2. Conclusion

So, this was all in Blockchain Technology Quiz. Hope our this article helps you to improve your knowledge. Still, if any doubt, ask in the comment tab.
Related article – Blockchain Technology Quiz Part 3

anita says:
July 23, 2019 at 11:22 am
hey please correct the Q.4 What does IPFS stand for?
answer should be “InterPlanetary File System” instead of “Interplanetary Filing System”
it’s a file system not filing system
- DataFlair Team says:
  July 23, 2019 at 12:57 pm
  Hi Ankita,
  Thanks for correcting us. We have made the necessary changes.
  Keep Visiting DataFlair

Best Blockchain Technology Quiz – Crack it in 3 Minutes

1. Blockchain Technology Quiz

Q.1 What is UTXO?

Q.2 Who invented Merkle Trees?

Q.3 What is a hash function?

Q.4 What does IPFS stand for?

Q.5 What is a Dash Masternode?

Q.6 What characteristic makes blockchain tamper-proof?

Q.7 What is the name of the research paper that brought Bitcoin to the world?

Q.8 Bitcoin uses UTXO, Ethereum uses:

Q.9 What are sidechains?

Q.10 What is a LiteClient?

Q.11 True or False: Blockchain is the same as Bitcoin.

Q.12 When a record is on a blockchain, who can access it?

Q.13 Once records are submitted on a blockchain, can they be altered?

Q.14 Is it possible to program a blockchain to record transactions automatically?

Q.15 Are blockchain fully public?

Q.16 When did bitcoin’s creator publish a whitepaper introducing the digital currency?

Q.17 What is the maximum number of bitcoins that can be created?

Q.18 Which of the following is a now-defunct Bitcoin exchange?

Q.19 What is the process of creating new bitcoins popularly known as?

Q.20 What was the highest the Bitcoin price ever reached on the CoinDesk Bitcoin Price Index?

2. Conclusion

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