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Cryptocurrency and blockchain free certificate finally revealed

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Cryptocurrency & Blockchain Certificate from The Digital Adda which you can share in the Certifications section of your LinkedIn profile, on printed resumes, CVs, or other documents

Cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology a distributed ledger enforced by a disparate network of computers.

Blockchain can be seen as consisting of several layers:

  1. Infrastructure (hardware)
  2. Networking (node discovery, information propagation and verification)
  3. Consensus (proof of work, proof of stake)
  4. Data (blocks, transactions)
  5. Application (smart contracts/decentralized applications, if applicable)

Cryptocurrency & Blockchain Certificate from The Digital Adda which you can share in the Certifications section of your LinkedIn profile, on printed resumes, CVs, or other documents

APPLY FOR THE QUIZ : CLICK HERE

Here are the Questions and Answers :

The five elements of blockchain are distribution, encryption, immutability, tokenization and:

  • Transparency
  • Authorization
  • Efficiency
  • Decentralization

What can an IT leader use enterprise blockchain for?

  • Streamline supply chains
  • Improve financial transactions
  • Provide identity management
  • All of the above

True or false: Smart contracts are legally binding contracts.

  • True
  • False

What are some of the advantages of implementing enterprise blockchain?

  • Reduce IT costs
  • Expand business-to-business and business-to-consumer networks
  • Enable new products
  • All of the above

True or false: A user can alter data on a blockchain.

  • True
  • False

What feature about enterprise blockchain is accurate?

  • Lowers transactional settlement times
  • Has trust problems
  • Requires no change management
  • Is energy efficient

What is one of the challenges of permissioned, also known as private or enterprise, blockchain?

  • Speed
  • Auditability
  • Security
  • Access control

What areas of cybersecurity does blockchain have the potential to improve?

  • Building security
  • Payment history
  • Password complexity
  • Resilience

Blockchain has the potential to support the following enterprise goals except:

  • Uncover insights using data
  • Address a skills gap
  • Promote traceability
  • Boost personal communication between suppliers and producers

What are essential skills a blockchain developer should have?

  • Official asset registry, voting facilitation, back-office functions
  • Familiarity of blockchain architecture, foundation in cryptography, proficiency in common programming languages
  • Foundation in data structures, web development, understanding of smart contracts
  • Both B and C

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
  • Cloud
  • Wallet
  • In your pocket

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

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