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Quiz: Blockchain

Blockchain technology is the beating heart of cryptocurrency. Test your knowledge of blockchain with this Swyftx Learn quiz.

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Question 1

Blockchain is a type of technology that stores data in the form of blocks.

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Question 2

What is Proof of Work?

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Question 3

Blockchain can only be used for tracking financial transactions

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Question 4

Blockchain provides many advantages over conventional methods of transactions and record-keeping, such as

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Question 5

A consensus mechanism is a system that makes sure that blockchain operators agree on the state of the network.

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Question 6

What is Proof of Stake?

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Question 7

Proof of Work is more energy-efficient than Proof of Stake.

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Question 8

What is the blockchain trilemma?

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Question 9

Bitcoin uses a Proof of Work consensus algorithm

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Question 10

What is a Layer 2 solution?

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Question 11

What makes blockchain technology secure?

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