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What Do You Know About Cryptocurrency?

  • Question of

    Bitcoin was launched in

    • 2020
    • 2011
    • 2009
    • 2021

    Correct Wrong

  • Question of

    The creator of Bitcoin is

    • Bill Gates
    • Steve Jobs
    • Satoshi Nakamoto
    • Mark Zuckerberg

    Correct Wrong

  • Question of

    A blockchain is

    • a chain of lego blocks
    • a Chinese currency
    • a National Bank database
    • a database with information on transactions

    Correct Wrong

  • Question of

    A blockchain is secured by

    • PIN code
    • Password
    • ‘hash’ code
    • login

    Correct Wrong

  • Question of

    A computer program that utilizes a blockchain for data storage, runs autonomously, is not controlled or operated from a single entitiy, is open source and has its use incentivized by the reward of fees or tokens.

    • Bitcoin
    • Blockchain
    • Cryptocurrency
    • Decentralized Application

    Correct Wrong

  • Question of

    Bitcoin was the first and is the most successful of all the cryptocurrencies. All the other coins are grouped together under this category.

    • Bitcoin
    • Cryptocurrency
    • Altcoins
    • Circulating Supply

    Correct Wrong

  • Question of

    A digital ledger of all the transactions ever made in a particular cryptocurrency and is repeatedly copied and saved onto thousands of computers all around the world, and it must always match each copy. As there is no master copy stored in one location, it’s considered decentralized.

    • Cryptography
    • Bitcoin
    • Blockchain
    • Decentralized Application

    Correct Wrong

  • Question of

    The very first cryptocurrency. It was created in 2008 by an individual or group of individuals operating under the name Satoshi Nakamoto. It was intended to be a peer-to-peer, decentralized electronic cash system.

    • Crytocurrency
    • Blockchain
    • Altcoins
    • Bitcoin

    Correct Wrong

  • Question of

    The process of encrypting and decrypting information.

    • Decentralized Application
    • Block
    • Cryptocurrency
    • Cryptography

    Correct Wrong

  • Question of

    Bitcoin derives value through which method?

    • Collapse of national banks
    • Scarcity
    • Insider dealing
    • ETF trading

    Correct Wrong

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