site manager
-
Question of
What is the fastest time you can send or receive payment in bitcoin without verification?
-
Instantaneously
-
60 minutes
-
2 minutes
-
24 hours
Correct Wrong
-
-
Question of
The computers that process transactions for the bitcoin network are commonly called
-
GPU
-
Miners
-
Bitcoin Foundation Member Units
-
Truckers
Correct Wrong
-
-
Question of
What is the name of the general ledger that tracks all bitcoin transactions?
-
The Block Chain
-
Ledger Link
-
The Gox Chain
-
Satoshi Square
Correct Wrong
-
-
Question of
How long is Bitcoin’s block time, in minutes?
-
1 minute
-
5 minutes
-
2 minutes
-
10 minutes
Correct Wrong
-
-
Question of
What is the current Bitcoin block reward?
-
50 BTC
-
12.5 BTC
-
25 BTC
-
6.25 BTC
Correct Wrong
-
-
Question of
Encryption process to control the creation of coins and to verify transactions is called ….
-
Cryptographic
-
Mining
-
Decentralization
-
Proof-of-work
Correct Wrong
-
-
Question of
What is a fiat currency?
-
Currency backed by a gold standard
-
A currency that is declared a currency by the government, although not backed by a physical commodity
-
A currency used to purchase a car
-
A currency backed by a physical commodity
Correct Wrong
-
-
Question of
Bitcoin’s all-time high was ______________ / BTC.
-
$22,984.30
-
$19,783.21
-
16,394.56
-
$13,098.49
Correct Wrong
-
-
Question of
What does the block in the blockchain consist of?
-
Transaction data
-
A Timestamp
-
A Hash point
-
all of these
Correct Wrong
-
-
Question of
Where is the bitcoin central server located?
-
none of the below
-
Tokyo
-
Washington DC
-
London
Correct Wrong
-
GIPHY App Key not set. Please check settings