Official Study Guide
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Beginner Blockchain Trivia Study Guide New to the world of Blockchain? The introductory Blockchain Trivia course will test your basic knowledge, and equip you with the brainpower to keep up a meaningful conversation regarding the topic.
What does P2P stand for? • Password to Password • Peer to Peer • Product to Product • Private Key to Public Key What is a node? • A type of cryptocurrency • A blockchain • A computer on a blockchain network • An exchange Who created Bitcoin? • Satoshi Nakamoto • Samsung • John Mcafee • China Where do you store your cryptocurrency? • Bank account • Floppy Disk • Wallet • In your pocket Where is the LEAST SAFE place to keep your cryptocurrency? • In your pocket • On an exchange • On a hot wallet • At your work desk
What is a miner? • A type of blockchain • An algorithm that predicts the next part of the chain • A person doing calculations to verify a transaction • Computers that validate and process blockchain transactions What are the different types of tokens? • Platform • Privacy • Currency • All of the above Where can you buy cryptocurrency? • A private transaction • An exchange • A bitcoin ATM • All of the above Which is NOT a part of asymmetric encryption? • Mining • Public key • Passphrase • Private Key What is a blockchain? • A distributed ledger on a peer to peer network • A type of cryptocurrency • An exchange • A centralized ledger
Advanced Blockchain Trivia Study Guide Think you have what it takes to outwit the best in the Blockchain game? If you pass our advanced Blockchain Trivia course then you are meant to work with the best. Let's see if you are ready for the bug leagues!
What is a dApp? • A type of Cryptocurrency • A condiment • A type of blockchain • A decentralized application What is the term for when a blockchain splits? • A fork • A merger • A sidechain • A division What is the purpose of a nonce? • Follows nouns • A hash function • Prevents double spending • Sends information to the blockchain network What is cold storage? • A place to hang your coat • A private key connected to the Internet • A private key not connected to the Internet • A desktop wallet What incentivizes the miners to give correct validation of transactions? • A nonce • A block reward • Thumbs up from the community • More memory
What is a genesis block? • The first block of a blockchain • A famous block that hardcoded a hash of the Book of Genesis onto the blockchain • The first block after each block halving • The 2nd transaction of a blockchain What is a private key? • A key on your key chain • A key given to the public • A key NOT to be given to the public • A key that opens a secret door What powers the Ethereum Virtual Machine? • Gas • Ether • Bitcoin • Block Rewards Asymmetric encryption uses: • Public keys only • Private keys only • Public and Private keys • Proof of Stake What is Proof of Stake? • A certificate needed to use the blockchain • A password needed to access an exchange • How private keys are made • A transaction and block verification protocol
Master Blockchain Trivia Study Guide Let's just say, "You're not ready". Mastering blockchain is no easy feat, and conquering the master level of Blockchain Trivia can be described as one of the world's most difficult tests of mental capacity.
What is UTXO? • United Transaction Office • United Texan Xerox Organization • Unspent Transaction Output • Union of Texas Operations Who invented Merkle Trees? • Staoshi Nakamoto • Ralph Wiggum • Nick Szabo • Vitalik Buterin 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 What does IPFS stand for? • Interplanetary Filing System • Inter Filing System • Internet Play Store • Internet Platform For Storage 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
What characteristic makes blockchain tamper-proof? • VPN • Immutability • Cryptocurrency • Servers What is the name of the research paper that brought Bitcoin to the world? • Black Paper • White Paper • Yellow Paper • Green Paper Bitcoin uses UTXO, Ethereum uses: • Double spend • UTXO • Account Balance • Ether 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 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
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