Investigating the Role of Consensus Mechanisms in Blockchain Governance
Description: This quiz aims to evaluate your understanding of the role of consensus mechanisms in blockchain governance. It covers various aspects of consensus algorithms, their properties, and their impact on blockchain networks. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: blockchain consensus mechanisms proof of work proof of stake byzantine fault tolerance |
Which consensus mechanism is commonly used in Bitcoin and is known for its energy-intensive computational process?
In Proof of Stake, the probability of a validator being chosen to create a new block is proportional to their:
Which consensus mechanism is designed to tolerate Byzantine faults, where nodes can fail or behave maliciously?
In Delegated Proof of Stake, the network elects a set of:
Which consensus mechanism is known for its fast transaction processing times and low energy consumption?
In Proof of Work, the difficulty of the mathematical puzzle is adjusted to maintain a:
Which consensus mechanism is often used in permissioned blockchain networks, where participants are known and trusted?
In Proof of Stake, the validators who create new blocks are rewarded with:
Which consensus mechanism is based on the idea of a lottery, where validators are randomly selected to create new blocks?
In Delegated Proof of Stake, the delegates are responsible for:
Which consensus mechanism is designed to be energy-efficient and scalable, using a voting system to reach consensus?
In Proof of Work, the miners are rewarded with:
Which consensus mechanism is known for its fast transaction processing times and low latency, making it suitable for applications requiring real-time transactions?
In Proof of Stake, the validators are responsible for:
Which consensus mechanism is designed to be scalable and energy-efficient, using a voting system based on the amount of cryptocurrency held by validators?