**Practice Assignment: Test your knowledge: Web3 Privacy Basics** Assignment duration: 8 minutes Attempts: Unlimited Your grade: We keep your highest score. Question 1 Fill in the blank: Privacy in the context of Web3 refers to the ability to ________ while maintaining control over one's personal information. A) Remain anonymous B) Transact and interact C) Block surveillance technologies D) Operate without rules Correct Answer: B) Transact and interact Question 2 What are the key principles that make privacy fundamental to human rights, as discussed in the course? Select three answers. A) Freedom of speech B) Transparency of government data C) Freedom from surveillance D) Protection of personal autonomy Correct Answers: A) Freedom of speech, C) Freedom from surveillance, D) Protection of personal autonomy Question 3 Fill in the blank: In Web3, privacy is primarily supported by ________, which secures user data and interactions. A) Cryptographic protocols B) Centralized databases C) Government oversight D) Open-source licenses Correct Answer: A) Cryptographic protocols Question 4 Which of the following is NOT a value upheld by the Cypherpunk movement? A) Promoting privacy through cryptography B) Advocating for centralized data storage C) Protecting free speech online D) Developing tools to safeguard individual autonomy Correct Answer: B) Advocating for centralized data storage Question 5 What are the primary goals of privacy in cryptocurrency? Select two answers. A) Reducing transaction fees B) Preventing tracking and censorship C) Ensuring transparency of all transactions D) Giving users control over their financial data Correct Answers: B) Preventing tracking and censorship, D) Giving users control over their financial data Question 6 Fill in the blank: A “self-sovereign identity” allows individuals to ________. A) Share personal data selectively and control access B) Store identity data on centralized servers C) Disclose personal information publicly by default D) Rely on third parties for data protection Correct Answer: A) Share personal data selectively and control access Question 7 What are the responsibilities of privacy advocates in the Web3 ecosystem? Select three answers. A) Developing privacy-enhancing tools B) Encouraging mass surveillance for security purposes C) Educating users about privacy risks D) Lobbying for privacy-friendly regulations Correct Answers: A) Developing privacy-enhancing tools, C) Educating users about privacy risks, D) Lobbying for privacy-friendly regulations Question 8 Fill in the blank: The article "The Core of Crypto Is Punks and Principles" highlights that ________ lies at the heart of cryptocurrency. A) Market value B) Cypherpunk ideals and individual rights C) Government regulation D) Large-scale adoption Correct Answer: B) Cypherpunk ideals and individual rights Question 9 How does decentralization enhance privacy in Web3? A) By storing data across multiple nodes, removing single points of failure B) By making all transactions transparent to users C) By relying on government oversight to regulate data D) By concentrating data storage in secure locations Correct Answer: A) By storing data across multiple nodes, removing single points of failure Question 10 What is one of the most significant challenges privacy faces in Web3, as discussed in the course? A) Balancing privacy with the transparency required for accountability B) Eliminating all government regulations C) Increasing the costs of maintaining privacy tools D) Moving away from encryption technologies Correct Answer: A) Balancing privacy with the transparency required for accountability