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Intro Quiz 3.2.5

If a student gets 100% correct answers, he can start the module with the 3.2.5.2 session.

Pregunta

What is a smart contract in the context of blockchain technology? (Select all that apply)

Respostas

A legally binding document stored on a centralized server.

A self-executing contract with terms written in code on a blockchain.

A traditional paper contract scanned and uploaded onto a blockchain.

A contract that requires manual intervention for execution.

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Pregunta

What challenges might arise with the use of smart contracts? (Select all that apply)

Respostas

Irreversible nature of blockchain makes errors permanent

High cost of deploying smart contracts compared to traditional contracts

Potential bugs in smart contract code requiring thorough verification

Lack of transparency in the execution of smart contracts

Retroalimentación

Pregunta

How does the concept of state machines relate to smart contracts on a blockchain? (Select all that apply)

Respostas

Each block in the blockchain represents the state of the network

Smart contracts transition the network from one state to another when executed

State machines require human oversight to function

Blockchain state transitions are irreversible and transparent

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