NPTEL Blockchain and its Applications Assignment 1 Answers 2023

NPTEL Blockchain and its Applications Assignment 1 Answers

Are you looking for the Answers to NPTEL Blockchain and its Applications Assignment 1? This article will help you with the answer to the National Programme on Technology Enhanced Learning (NPTEL) Course “ Blockchain and its Applications Assignment 1

ABOUT THE COURSE

In the last few years, Blockchain technology has generated massive interest among governments, enterprises, and academics, because of its capability of providing a transparent, secured, tamper-proof solution for interconnecting different stakeholders in a trustless setup. In January 2021, the Ministry of Electronics and Information Technology (MeiTY), Government of India, published the first draft of the “National Strategy on Blockchain” that highlights 17 potential applications that are of national interest.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of the average of best 8 assignments out of the total 12 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF THE AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Below you can find the answers for NPTEL Blockchain and its Applications Assignment 1 2023

NPTEL Blockchain and its Applications Assignment 1 Answers:-

Q1. Bitcoin mining is performed by

Answer:- a. Miner nodes

Q2. DLT can be used to maintain financial information only.

Answer:- a. False

Q3. Which of the following is/are true for basic PoW consensus?

Answer:- a, b, c, d

Q4. Bitcoin Scripting Language:

Answer:- a, b, c

Next Week Answers: Assignment 04

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Q5. Permissioned blockchain is regarded as more secure than open blockchain as the participants are known beforehand and pre-authenticated.

Answer:- a

Q6. What is nonce?

Answer:- d. The number miners run through to generate a correct hash

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Q7. Which one of the following opcodes is needed to remove the top stack item.

Answer:- a. OP POP

Q8. Which of these fields is present in a Bitcoin block summary?

Answer:- a. Difficulty

Q9. If the four-byte difficulty bits in hex form are 0x1b0404cb, and the target value is calculated using X* 2^(Y), what is the values for X and Y respectively,

Answer:- a. X = 0x0404cb, Y = 0x1b

Q10. In bitcoin block header, the block identifier is calculated

Answer:- d. Using Double SHA256 on the current block header

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