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Module 3: Blockchain Platforms and Technologies

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10 Questions

Which blockchain platform introduced the concept of smart contracts?

Ethereum

What is Hyperledger primarily designed for?

Enterprise-grade, permissioned blockchain solutions

Which consensus mechanism does Ethereum 2.0 aim to implement to address scalability issues?

Proof of Stake

Corda is specifically designed for which industry?

Financial

What is the primary focus of Polkadot as a blockchain platform?

Interoperability between blockchains

Which blockchain platform is known for its focus on privacy and regulatory compliance, particularly in financial transactions?

Corda

Smart contracts eliminate the need for which of the following?

Intermediaries

What is a major advantage of decentralized applications (DApps)?

Censorship resistance

What type of blockchain is Hyperledger typically associated with?

Private

Which blockchain platform runs parallel to Binance Chain and is known for low transaction fees and high performance?

Binance Smart Chain

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