Blockchain

Question 1

…. is a distributed database or ledger shared across a computer network’s nodes.

Answer 1

Blockchain

Question 2

…. is one of the first use cases of blockchain technology.

Answer 2

Bitcoin

Question 3

Bitcoin was invented in …. by an unknown person or group using the name “….”.

Answer 3

• 2008
• Satoshi Nakamoto

Question 4

The data stored and processed on the Bitcoin protocol represent ….

Answer 4

financial transactions

Question 5

Qualifications of Bitcoin

Answer 5

• Disintermediation
• Decentralization of power
• Security and transparency
  (see pg. 8)

Question 6

Criticisim of Bitcoin

Answer 6

• Carbon footprint
• Transaction time and cost
  (see pg. 13)