Question 1. WHAT TYPE OF TECHNOLOGY DOES CRYPTOCURRENCY DEPEND ON?
Cryptochain
Blockchain
Bankchain
Fiatchain
A. Blockchain
Question 2. BITCOIN WAS THE ONLY FORM OF CRYPTOCURRENCY UNTIL WHAT YEAR?
It is still the only form
2018
2013
2011
A. 2011
Question 3. WHAT IS THE TERM FOR CURRENCY THAT IS REGULATED BY THE GOVERNMENT (SUCH AS PAPER MONEY)?
Tangible currency
Guber currency
Fiat currency
Aubit currency
A. Fiat currency
Question 4. AS OF JULY 2021, WHICH OF THE FOLLOWING IS IN THE TOP 5 MOST POPULAR CRYPTOCURRENCIES?
Stellar
VeChain
Amp
Ethereum
A. Ethereum
Question 5. WHAT WAS THE FIRST FORM OF CRYPTO?
Bitcoin
Litecoin
Ethereum
Stellar
A. Bitcoin
Question 6. CRYPTO IS PART OF A SYSTEM THAT DOES NOT RELY ON A SINGLE PERSON OR ORGANIZATION. WHAT IS THIS TERM?
Technological
Advanced
Decentralized
Unconnected
A. Decentralized
Question 7. WHICH NAME DOES THE ANONYMOUS CREATOR OF BITCOIN GO BY?
Barry Silbert
Satoshi Nakamoto
Nick Szabo
Bill Gates
A. Satoshi Nakamoto
Question 8. POLKADOT AND CARDANO WERE BOTH CREATED BY DIFFERENT PEOPLE, BOTH OF WHICH WERE INITIAL MEMBERS OF WHICH FORM OF CRYPTOCURRENCY?
Ethereum
Bitcoin Cash
Chainlink
Bitcoin
A. Ethereum
Question 9. WHAT IS THE PROCESS OF ADDING AND VERIFYING TRANSACTIONS TO THE BLOCKCHAIN?
Hammering
Conducting
Engineering
Mining
A. Mining
Question 10. HOW MANY BITCOINS CAN EVER EXIST?
15 Million
21 Million
50 Million
Infinite amount
A. 21 Million
Question 11. WHAT YEAR IS THE LAST BITCOIN EXPECTED TO BE MINED BY?
2030
2040
2050
2060
A. 2040
Question 12. WHICH OF THESE COUNTRIES IS THE LARGEST MINER OF BITCOIN?
Germany
Russia
United States
China
A. China
Question 13. WHAT IS THE SMALLEST UNIT OF A BITCOIN CALLED?
Satoshi
Bitoshi
Nanocoin
Ether
A. Satoshi
Question 14. WHAT DOES P2P STAND FOR?
Password to Password
Password to Product
Peer to Peer
Product to Peer
A. Peer to Peer
Question 15. WHAT IS A NODE?
A crypto blockchain
A blockchain transaction
A computer connected to a crypto network
An offline storage for cryptocurrency
A. A computer connected to a crypto network
Question 16. WHAT IS A DAPP?
A decentralized application
A demonetized application
A diluted application
A defined application
A. A decentralized application
Question 17. WHAT IS THE TERM FOR WHEN A BLOCKCHAIN SPLITS?
Fork
Hard Break
Splinter
Rupture
A. Fork
Question 18. WHAT IS COLD STORAGE
A crypto exchange
A way of holding cryptocurrency offline
A way of holding cryptocurrency online
A way to mine cryptocurrency
A. A way of holding cryptocurrency offline
Question 19. WHICH OF THESE PEOPLE IS A CO-FOUNDER OF ETHEREUM?
Vitalik Buterin
Satoshi Nakamoto
Jackson Palmer
Elon Musk
A. Vitalik Buterin
Question 20. WHAT IS ETHEREUM?
A Bitcoin token
A blockchain platform with its own currency
A Bitcoin mining platform
A process of pricing crypto transactions
A. A blockchain platform with its own currency
Question 21. WHAT TERM BEST DESCRIBES A WAY IN WHICH CRYPTOCURRENCY CAN BE VERIFIED?
Bridges
Defi
Halving
Proof of Work
A. Proof of Work
Question 22. WHAT CHARACTERISTIC MAKES BLOCKCHAIN VIRTUALLY TAMPER-PROOF?
Proof of Stake
Private Keys
Immutability
Network Regulated Security
A. Immutability
Question 23. WHAT IS THE NAME OF THE FIRST ACADEMIC PAPER TO DESCRIBE BITCOIN KNOWN AS?
Black Paper
White Paper
Green Paper
Red Paper
A. White Paper
Question 24. HOW LONG DOES IT TAKE TO MINE ONE BLOCK OF BITCOIN?
30 seconds
1 minute
10 minutes
30 minutes
A. 10 minutes
Question 25. HOW OFTEN CAN YOU TRADE CRYPTOCURRENCY?
24 hours a day/7 days a week
9:30am – 4:30pm/Monday-Friday
9:30am – 4:30pm/Monday-Saturday
12am – 5pm/Saturday and Sunday
A. 24 hours a day/7 days a week
Also Check: Find the Puppy Quiz Answers - Video Quiz Star
0 Comments