You're testing C4 Blockchain: Basics and Applications >> Blockchain Basics

As part of my master's program, I have created this quiz with a collection of multiple-choice questions that are designed to help me and my classmates review our knowledge of the "Blockchain Basics" module from "Course 4 Blockchain: Basics and Applications".
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Shown below are 9 randomly selected questions from the C4 Blockchain: Basics and Applications >> Blockchain Basics knowledge test. As an unauthenticated user, you have access to a limited set of 9 questions out of 367, and you won't be able to view the correct answers for them.
1/367: What condition must the calculated hash satisfy in Hash Cash?

  1. It must be greater than a certain value
  2. It must be equal to a certain value
  3. It must be less than a certain value
2/367: What happens when a node receives a valid transaction in the Bitcoin network?

  1. It consults a central authority for approval
  2. It rejects the transaction
  3. It adds the transaction to its own transaction pool
  4. It deletes the transaction from the network
3/367: Can different transactions have different sizes?

  1. Yes
  2. No
  3. It depends on the type of transaction
4/367: How stable is a centralized system?

  1. Highly stable
  2. Moderately stable
  3. Highly unstable
5/367: How does a distributed network distribute data across nodes?

  1. Based on the availability of resources
  2. Evenly
  3. Randomly
6/367: What is the function of the Merkle proof?

  1. To provide a correct sequence of paths to reach the root node
  2. To provide a correct sequence of paths to reach the Merkle tree
  3. To provide a correct sequence of paths to reach the hash function
  4. To provide a correct sequence of paths to reach the leaf node
7/367: Which type of security has the highest level of security?

  1. Distributed
  2. Decentralized
  3. Centralized
  4. All three have the same level of security
8/367: How are transactions verified in a blockchain?

  1. By the nodes in the network
  2. By the miners who solve the next block
  3. By a centralized authority
9/367: What is the benefit of using a hash function in cryptography?

  1. It allows for easy decryption of data
  2. It allows for the encryption of large amounts of data
  3. It provides a unique digital fingerprint for the data, allowing for easy verification of its authenticity
  4. It ensures that data can only be decrypted by the intended recipient