QuarkChain Quiz 1 - Take sometime to test yourself about the QuarkChain Project, All questions are based on QuarkChain Whitepaper @quarkchain by davidvidyasagar

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cryptocurrency · @davidvidyasagar · May 21 '18 (edited)

$0.08

QuarkChain Quiz 1 - Take sometime to test yourself about the QuarkChain Project, All questions are based on QuarkChain Whitepaper @quarkchain

<html>
<p><strong>1.</strong> <strong>Blockchain technology in its current stage cannot set off a massive restructuring of communications and transactions in any industry why? </strong>&nbsp;</p>
<p>(i) Scalability issue facing by Blockchain technology&nbsp;</p>
<p>(ii) Cannot securely handle the volume of financial transactions that can occur on centralised payment system like VISA&nbsp;</p>
<p>(iii) High transactional institutions did not feel the necessity of decentralization&nbsp;</p>
<p>(iv) Existing Blockchain system have often sacrificed security&nbsp;</p>
<p><strong>A.</strong> i, ii, iii &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>B.</strong> i, ii, iv &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>C.</strong> ii, iii, iv &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>D.</strong> i, iv, iii &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>E.</strong> i, ii, iii, iv &nbsp;&nbsp;</p>
<p><strong>2.</strong> <strong>Which of the following statements represent real</strong> <strong>vision of QuarkChain</strong>&nbsp;</p>
<p><strong>A.</strong> Create unique scalability problem that can handle 10000 transactions per second (tps)&nbsp;</p>
<p><strong>B.</strong> Create centralised high throughput network that can handle billions of transactions per second&nbsp;</p>
<p><strong>C.</strong> Create unique scalability problem that can handle 100,000tps without sacrificing its core feature of security and decentralisation &nbsp;&nbsp;</p>
<p><strong>3.</strong> <strong>Three main challenges of block chain are</strong>&nbsp;</p>
<p><strong>A.</strong> Communication, Decentralisation, Scalability&nbsp;</p>
<p><strong>B.</strong> Security, Communication, Decentralisation&nbsp;</p>
<p><strong>C.</strong> Scalability, Decentralisation and Security &nbsp;&nbsp;</p>
<p><strong>4.</strong> <strong>To some extent scalability issues can be resolved with multiple Blockchains. The issues concerned with the Multiple Blockchains are</strong>&nbsp;</p>
<p><strong>A.</strong> Higher transactional demand, lower hash power, low security, short-term solution&nbsp;</p>
<p><strong>B.</strong> High Transactional demand, low hash power, low security, long-term solution&nbsp;</p>
<p><strong>C.</strong> Low transactional demand, Excess cross chain transactions, low security, short-term solution&nbsp;</p>
<p><strong>D.</strong> Lower transactional demand, limit cross chain transactions, short-term solution &nbsp;&nbsp;</p>
<p><strong>5.</strong> <strong>Which of the following concept QuarkChain adopts to resolve the issues of scalability</strong>&nbsp;</p>
<p><strong>A.</strong> Multiple Block Chains &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p><strong>B.</strong> Sharding &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p><strong>C.</strong> Lightening Network &nbsp;&nbsp;</p>
<p><strong>6.</strong> <strong>Which of the following definitions aptly suits the term “Sharding”</strong>&nbsp;</p>
<p><strong>A.</strong> Partitioning data in a large database into smaller parts&nbsp;</p>
<p><strong>B.</strong> Combining bits of data into large database&nbsp;</p>
<p><strong>C.</strong> Independent large database servers&nbsp;</p>
<p><strong>7.</strong> <strong>How is QuarkChain different from competitors in implementing the concept of sharding</strong>&nbsp;</p>
<p>(i) Cross-Shard transactions&nbsp;</p>
<p>(ii) Having multiple accounts to make transactions&nbsp;</p>
<p>(iii) Simple Account management with single private key to make transactions&nbsp;</p>
<p><strong>A.</strong> i, ii &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>B.</strong> ii, iii &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>C.</strong> i, iii &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>D.</strong> All of the above &nbsp;&nbsp;&nbsp;&nbsp;</p>
<p><strong>8.</strong> <strong>QuarkChain network is a ____________ layered Blockchain.</strong>&nbsp;</p>
<p><strong>A.</strong> One &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>B.</strong> Two &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>C.</strong> Three &nbsp;&nbsp;<strong>D.</strong> Four &nbsp;&nbsp;</p>
<p><strong>9.</strong> <strong>In QuarkChain architecture shards are </strong>&nbsp;</p>
<p><strong>A.</strong> Minor Blockchains &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p><strong>B.</strong> Major Blockchain &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p><strong>C.</strong> Root Blockchain &nbsp;&nbsp;</p>
<p><strong>10.</strong> <strong>Function of Shards in QuarkChain architecture</strong>&nbsp;</p>
<p><strong>A.</strong> Processes a subset of all transactions&nbsp;</p>
<p><strong>B.</strong> Rejects a subset of all transactions&nbsp;</p>
<p><strong>C.</strong> Confirms all transactions &nbsp;&nbsp;</p>
<p><strong>11.</strong> <strong>Function of Root Blockchain in QuarkChain architecture</strong>&nbsp;</p>
<p><strong>A.</strong> Processes a subset of all transactions &nbsp;</p>
<p><strong>B.</strong> Confirms blocks in all shards by excluding the block headers in the root blocks&nbsp;</p>
<p><strong>C.</strong> Confirms blocks in all shards by including the block headers in the root blocks &nbsp;&nbsp;</p>
<p><strong>12. What is the interval of Rootchain layer</strong>&nbsp;</p>
<p><strong>A.</strong> Seconds &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>B.</strong> Minutes &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>C.</strong> Hours &nbsp;&nbsp;</p>
<p><strong>13.</strong> <strong>What is the interval of Sharding layer</strong>&nbsp;</p>
<p><strong>A.</strong> Seconds &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>B.</strong> Minutes &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>C.</strong> Hours &nbsp;&nbsp;</p>
<p><strong>14.</strong> <strong>Which of the following statement is true about QuarkChain network</strong>&nbsp;</p>
<p><strong>A.</strong> Each shard processes a subset of all transactions by depending on another shard&nbsp;</p>
<p><strong>B.</strong> As system capacity increases number of shards decreases&nbsp;</p>
<p><strong>C.</strong> Each shard processes a subset of all transactions independently &nbsp;&nbsp;</p>
<p><strong>15.</strong> <strong>Which of the following statements are false</strong>&nbsp;</p>
<p><strong>A.</strong> Each shard processes a subset of all transactions independently &nbsp;</p>
<p><strong>B.</strong> A number of shards increases, shards can process less transactions concurrently&nbsp;</p>
<p><strong>C.</strong> As system capacity increases number of shards increases&nbsp;</p>
<p><strong>D.</strong> Adding more shards is difficult and slow &nbsp;&nbsp;&nbsp;&nbsp;</p>
<p><strong>16.</strong> <strong>As shards are mined evenly and thus the system throughput (i.e TPS) _______ as the number of shards ______________</strong>&nbsp;</p>
<p><strong>A.</strong> Increases, Decreases&nbsp;</p>
<p><strong>B.</strong> Increases, Increases&nbsp;</p>
<p><strong>C.</strong> Decreases, Increases&nbsp;</p>
<p><strong>D.</strong> Decreases, Decreases &nbsp;&nbsp;</p>
<p><strong>17.</strong> <strong>Rootchain has a significant large portion ____________ of hash power over the whole hash power of the network.</strong>&nbsp;</p>
<p><strong>A.</strong> Over 10% &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>B.</strong> over 25% &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>C.</strong> over 50% &nbsp;&nbsp;&nbsp;&nbsp;</p>
<p><strong>19.</strong> <strong>Which blocks have sufficiently large incentives and difficulty to protect the blocks in all shards</strong>&nbsp;</p>
<p><strong>A.</strong> Root Block &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>B.</strong> Minor Block &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>C.</strong> None &nbsp;&nbsp;</p>
<p><strong>19. The root chain runs on __________ algorithm.</strong>&nbsp;</p>
<p><strong>A.</strong> POW Algorithm &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>B.</strong> POS Algorithm &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>C.</strong> Both A &amp; B &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>D.</strong> None &nbsp;&nbsp;</p>
<p><strong>20.</strong> <strong>When two forks happen on rootchain the fork with _______ will survive.</strong>&nbsp;</p>
<p><strong>A.</strong> Shortest length &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>B.</strong> Longest length &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>C.</strong> Both A&amp; B &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>D.</strong> None&nbsp;</p>
<p><strong>Note: QuarkChain Quiz 2 will be released. Answers will be released stay tuned. Please upvote!!! @quarkchain</strong></p>
</html>

👍 cryptotem, deepdog, karthik2rock, davidvidyasagar, hummer113, dhiraj2990, butchimau.bmt, simbu, qwakus, aakashmishra, ax3

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@butchimau.bmt · May 21 '18

It is useful. Thank you. I will try this test.

👍 davidvidyasagar

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@davidvidyasagar · May 21 '18

Thank You.. Please find answers in the below comment.

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@babyshaq21 · May 22 '18

are the answers absolutly correct?

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1 reply

@davidvidyasagar · May 21 '18

$0.03

Answers for Quiz1: 
1. B 
2. C 
3. C   
4. D
5. B
6. A
7. C
8. B
9. A
10. A
11. C
12. B
13. A
14. C
15. B,D
16. B
17. C
18. A
19. A
20. B

👍 cryptotem, davidvidyasagar, jnsrihari

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@qwakus · May 21 '18

C. Create unique scalability problem that can handle 100,000tps without sacrificing its core feature of security and decentralisation ? Maybe SOLVE not CREATE?

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@davidvidyasagar · May 22 '18

Yeah... Solve

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@deepdog · May 21 '18

Thanks for this support...

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@davidvidyasagar · May 22 '18

Most Welcome!!!

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`author_reputation`	38,975,615,169,260
`root_title`	"QuarkChain Quiz 1 - Take sometime to test yourself about the QuarkChain Project, All questions are based on QuarkChain Whitepaper @quarkchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	56,145,106
`net_rshares`	612,338,398
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
davidvidyasagar	0 B		612,338,398	100%