Quiz Start

Which of the following is NOT a characteristic of a public blockchain?

a. Anonymity

b. Centralized control

c. Immutability

d. Full transparency

What distinguishes a private blockchain from a public blockchain?

a. Public blockchains do not allow transactions.

b. Private blockchains have restricted access.

c. Public blockchains are slower but more secure.

d. Private blockchains allow everyone to validate transactions.

Which scenario is best suited for a hybrid blockchain approach?

a. A public cryptocurrency like Bitcoin

b. A private financial audit exclusively within a corporation

c. A supply chain management system requiring both transparency and privacy

d. A decentralized social media platform with open participation

What is a primary advantage of consortium blockchains?

a. They are completely open to the public.

b. They provide absolute anonymity for all transactions.

c. They offer faster transaction speeds compared to public blockchains.

d. They consume more energy than other types of blockchains.

Which feature is most associated with a private blockchain?

a. High scalability

b. Low level of security

c. Open to all without permission

d. Centralized network