logo

Crowdly

Browser

Add to Chrome

FinTech and Blockchain

Looking for FinTech and Blockchain test answers and solutions? Browse our comprehensive collection of verified answers for FinTech and Blockchain at dl2.cuni.cz.

Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!

Which of the following statements about different types of Blockchains is false:

0%
0%
0%
0%
View this question

Consider

the findings of the study by Howell, Niessner, and Yermack (2018) named

“Initial Coin Offerings: Financing Growth with Cryptocurrency Token Sales.” In

one of their regressions they test whether the characteristics of the

ICO process

affects the post-issuance

performance of the coin. Which of the following characteristics of the ICO process

does not turn out to be an important determinant of the post-issuance performance of the ICO?

I.  Whether the coins/tokens had a feature of “dynamic pricing” (the price changes during the ICO in a predetermined way).

II. Whether the coins/tokens were “airdropped” (given for free to some people).

III. Whether there was a “presale” of the tokens/coins (sold to some investors before the ICO begins)

IV. Whether the ICO had a pre-specified “capped” feature limiting the number of tokens that can be sold during the ICO. 

0%
100%
0%
0%
View this question

The article by Busgang and Nanda (2018) named “The Hidden Costs of Initial Coin Offerings” discusses the costs and benefits of conducting a large ICO. In defending the large ICOs, the authors state that “Some observers have pointed out that blockchain projects may have an inherent incentive and strategic reason to be more aggressive in raising capital earlier in the experimentation process. Those benefits fall into three categories: …” Which of the following is not one of these three categories listed in the article?

0%
0%
0%
0%
View this question

The article named “Blockchain’s Occam problem” discusses some emerging doubts about Blockchain technology. Which of the following doubts (problems) is not discussed in that particular article.

0%
0%
0%
0%
View this question

One of the key features of Bitcoin’s blockchain technology is the

SHA-256 hash function it uses to solve the cryptographic puzzle. Which

of the following

is not among the properties of this hash function?

I.   

The hash output is of predetermined length, regardless of the input.

The SHA-256 hash function always produces a string that is 64 characters

long (=256 bits).

II.    It’s impossible to make a cryptographic hash function work in reverse.

III.   

By changing the input of this hash function a little bit and observing

the variation in the patterns of the hash output one can potentially

determine the input of this function.

0%
0%
100%
0%
View this question

Which of the following items is not correct regarding Ethereum?

I.   It is easier to create smart contracts on Ethereum blockchain than on Bitcoin blockchain.

II.   While Bitcoin is Turing complete, Ethereum is not.

III.  Ethereum is stateful i.e., you can write code that lives and executes on its blockchain.

IV.  While Bitcoin’s network is public, Ethereum’s network is permissioned

0%
0%
100%
0%
View this question

Consider the blockchain technology we discussed in class (nonce, hash outputs, etc.). If you were to try a single random integer as a nonce, what would be the probability, p, of obtaining a hash output that begins with four zeros? Everything else (transactions that go into the block, etc.) is unchanged. Pick the answer closest to your calculations (~ indicates approximation). Hint: You need to recall the properties of a hash output that we learned in class. Also, consider that each digit of the hash output can take 16 different values, either an integer from 0 to 9 or a letter from a to f

0%
0%
0%
0%
View this question

What are some of the key applications of blockchain technology beyond cryptocurrency as discussed in The Economist's article titled "Blockchains: The great chain of being sure about things".

  1. Protecting land titles and property rights
  2. Tracking and verifying the authenticity of luxury goods
  3. Facilitating decentralized crowdfunding services
  4. Managing centralized payment systems for banks

0%
0%
0%
100%
View this question

Bitcoin has a specific block reward schedule which was set when it was created. It is one of Bitcoin’s central rules and cannot be changed without agreement between the entire Bitcoin network. The block reward started at 50 BTC in block #1 and halves every X blocks. What is the value of X?

0%
0%
0%
0%
View this question

Which of the following statements are correct about Bitcoin cryptocurrency’s characteristics:

I.   Decentralized

II.   Not issued nor guaranteed by governments and there for illegal

III.  Secure even against Quantum computers

IV.  Transactions are irreversible

V.   Provides the most anonymity among all cryptocurrencies

0%
0%
0%
100%
View this question

Want instant access to all verified answers on dl2.cuni.cz?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!

Browser

Add to Chrome