Blockchain Basics: How It Works Quiz

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Blockchain Basics: How It Works: a General level Cryptocurrency quiz. Test your knowledge with 9 questions!
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Questions

Question 1
What does decentralized mean?
A Stored in the cloud
B Managed by one bank
C Controlled by government
D No central authority
Question 2
How are blocks linked together?
A Using cryptographic hashes
B Via email links
C Through manual entry
D With physical chains
Question 3
Who validates transactions on a blockchain?
A The stock exchange
B A single administrator
C A central bank
D The network participants
Question 4
What is a hash?
A A currency unit
B A digital fingerprint
C A type of breakfast food
D A transaction fee
Question 5
What is the primary purpose of consensus?
A To generate interest
B To close accounts
C To print money
D To agree on data

📋 This quiz has 9 questions in total.

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