Podcast
Questions and Answers
Which blockchain platform introduced the concept of smart contracts?
Which blockchain platform introduced the concept of smart contracts?
- Bitcoin
- Hyperledger
- Ethereum (correct)
- Corda
What is Hyperledger primarily designed for?
What is Hyperledger primarily designed for?
- Public blockchain applications
- Enterprise-grade, permissioned blockchain solutions (correct)
- Cryptocurrency transactions
- Gaming applications
Which consensus mechanism does Ethereum 2.0 aim to implement to address scalability issues?
Which consensus mechanism does Ethereum 2.0 aim to implement to address scalability issues?
- Proof of Work
- Proof of Stake (correct)
- Proof of Authority
- Proof of Concept
Corda is specifically designed for which industry?
Corda is specifically designed for which industry?
What is the primary focus of Polkadot as a blockchain platform?
What is the primary focus of Polkadot as a blockchain platform?
Which blockchain platform is known for its focus on privacy and regulatory compliance, particularly in financial transactions?
Which blockchain platform is known for its focus on privacy and regulatory compliance, particularly in financial transactions?
Smart contracts eliminate the need for which of the following?
Smart contracts eliminate the need for which of the following?
What is a major advantage of decentralized applications (DApps)?
What is a major advantage of decentralized applications (DApps)?
What type of blockchain is Hyperledger typically associated with?
What type of blockchain is Hyperledger typically associated with?
Which blockchain platform runs parallel to Binance Chain and is known for low transaction fees and high performance?
Which blockchain platform runs parallel to Binance Chain and is known for low transaction fees and high performance?