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WEB3 Flashcards | StudBud

What are the benefits of Web 3?

What is the purpose of Web 3?

WEB3

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1
What is the purpose of Web 3?
Enhance online gaming experiences
Decentralize control and ownership of digital assets
Centralize control of digital assets
Improve website loading speed
2
What are the benefits of Web 3?
Centralized control over user data
Increased security and transparency
Improved social media algorithms
Faster internet browsing speed
3
Find the hash value for the data 'Blockchain'
e98d940a1fdd9da7dce10091dedc464c248a9e5707885809b7a142a1da72a277
29d9489564c875d731108c8fbd8dfa3e698ca20be4c00878dda716de8c993b97
496aca80e4d8f29fb8e8cd816c3afb48d3f103970b3a2ee1600c08ca67326dee
ef7797e13d3a75526946a3bcf00daec9fc9c9c4d51ddc7cc5df888f74dd434d1
4
what is web 3.0
The third generation of the internet
A programming language for web development
The third version of the World Wide Web
A type of web browser
5
Once a transaction is recorded on the blockchain, it cannot be changed.
False
True
6
Block chain can store any type of data
True
False
7
What is a smart contract?
A legally binding agreement executed on the blockchain
A type of digital currency used in Web 3 applications
An intelligent computer program that can perform tasks autonomously
A protocol for secure communication on the internet
8
Which cryptocurrency is commonly used in Web 3 applications?
Bitcoin
Ripple
Ethereum
Litecoin
9
Which technology is fundamental to Web3?
Cloud Computing
Virtual Reality
Blockchain
Artificial Intelligence
10
What is a blockchain?
A chain of blocks that store data
A type of encryption algorithm
A programming language for web development
A physical device used for data storage