1. WHAT WAS BITCOIN’S RECORD HIGH PRICE?
- 68,350
- 63,729
- 71,882
- 60,113
Answer: 63,729
2. HOW MUCH ETHER DID A HACKER STEAL IN 2016?
- $25 million
- $40 million
- $50 million
- $65 million
Answer: $50 million
3. WHAT IS BITCOIN’S CAP LIMIT?
Answer: 21 million
4. WHAT WAS THE EARLIEST ITERATION OF CRYPTOCURRENCIES?
- Bitcoin
- Litecoin
- Hashcash
- Digicash
Answer: Digicash
5. WHICH OF THESE IS NOT A QUALITY OF A BLOCKCHAIN?
- Structures its data into tables
- Data is chained together
- Decentralized
- Viewed Transparently
Answer: Structures its data into tables
6. HOW MANY COINS CAN LITECOIN ACCOMMODATE UP TO?
- 64 million
- 21 million
- 84 million
- 54 million
Answer: 84 million
7. WHAT BLOCKCHAIN ARE MOST NFTS A PART OF?
Answer: Ethereum
8. WHICH OF THESE MOST CLOSELY LINES UP WITH THE MEANING OF MINING BITCOIN?
- Using your computer to verify the legitimacy of bitcoin transactions.
- Using your computer to discover hidden bitcoin in the blockchain.
- Using your computer to dig up blocks of bitcoin.
- Using your computer to create new bitcoin tokens, which are added to the blockchain.
Answer: Using your computer to verify the legitimacy of bitcoin transactions.
9. WHAT IS THE BLOCK REWARD FOR DOGECOIN AS OF MAY 11, 2021?
- 10,000
- 15,000
- 8,500
- 2500
Answer: 10,000
10. ETHEREUM FOUNDER CHARLES HOSKINSON ALSO FOUNDED THIS CRYPTOCURRENCY:
- Cardano
- Stellar
- Chainlink
- Binance Coin
Answer: Cardano
11. WHERE DO BITCOIN TRANSACTION FEES GO?
- Satoshi Nakamoto
- Back into the blockchain
- To the bitcoin miner
- Used to create more tokens
Answer: To the bitcoin miner
12. WHICH OF THESE HAS THE HIGHEST CAP LIMIT?
- Dogecoin
- Ethereum
- Stellar XLM
- Binance Coin
Answer: Dogecoin
13. WHICH OF THESE IS NOT A MAJOR CONCERN WITH ETHEREUM?
- Electrical construction of the blockchain
- Energy Consumption from miners
- Environmental impact from the blockchain
- Gas Emissions caused by transactions
Answer: Electrical construction of the blockchain
14. WHAT WAS THE FIRST BITCOIN TRANSACTION USED FOR?
- Restaurant tip
- A car
- Rent
- Pizza
Answer: Pizza
15. IN 2009 HOW MUCH WOULD ONE BLOCK EARN A MINER?
- 200 BTC
- 50 BTC
- 12.5 BTC
- 25 BTC
Answer: 50 BTC
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