Module 3: Blockchain Platforms and Technologies
10 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which blockchain platform introduced the concept of smart contracts?

  • Bitcoin
  • Hyperledger
  • Ethereum (correct)
  • Corda
  • 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?

  • Proof of Work
  • Proof of Stake (correct)
  • Proof of Authority
  • Proof of Concept
  • Corda is specifically designed for which industry?

    <p>Financial</p> Signup and view all the answers

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

    <p>Interoperability between blockchains</p> Signup and view all the answers

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

    <p>Corda</p> Signup and view all the answers

    Smart contracts eliminate the need for which of the following?

    <p>Intermediaries</p> Signup and view all the answers

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

    <p>Censorship resistance</p> Signup and view all the answers

    What type of blockchain is Hyperledger typically associated with?

    <p>Private</p> Signup and view all the answers

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

    <p>Binance Smart Chain</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser