1.6 Learning Assessment For Module 1

1. What do all kinds of money have in common?*

2. To generate the transaction hash, you need the following:*

3. All nodes in the Bitcoin network are miners

4. Which of the following is true?

5. ECC is an asymmetric encryption function that derives a key pair (consisting of a private and a public key)

6. Bitcoin uses significantly more energy than Ethereum does

7. Bitcoin uses more than 98% as much energy as Ethereum does*

8. Which statements are true?*

9. What is a blockchain?*

10. Which of these are parts of a regular Bitcoin transaction?*

11. Every permissioned blockchain is a DLT*

12. Distributed database is a synonym for blockchain*

13. Desktop wallets are*

14. Small discrepancies between ledger synchronization between nodes in a network

15. Bitcoin miners*

16. Elliptic Curve Cryptography (ECC) is used to generate a cryptographic key pair*

17. PoS has an edge over PoW in the sense *

18. The difference between the total amount of Bitcoin block reward and output determines the fee.

19. Bitcoin enables*

20. When will the last Bitcoin block be mined?*