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A. Bitcoin B. Dogecoin C. Monero D. Ethereum AnswerOption: D
Read More »What is the term for a new cryptocurrency created as a result of splitting a blockchain into two separate chains?
A. Merge B. Fork C. Split D. Link AnswerOption: B
Read More »What technology underlies most cryptocurrencies, allowing for secure and transparent transactions?
A. Blockchain B. Cloud Computing C. Machine Learning D. Artificial Intelligence AnswerOption: A
Read More »Which was the first decentralized cryptocurrency introduced in 2009?
A. Ethereum B. Litecoin C. Bitcoin D. Ripple AnswerOption: C
Read More »What is a cryptocurrency?
A. A type of traditional currency used globally B. A digital or virtual currency that uses cryptography for security C. A physical coin that is used for online shopping D. A type of banknote that is encrypted for security AnswerOption: B
Read More »To claim the reward, a special transaction called a?
A. Online wallets B. Coinbase C. Hardware wallet D. Nonce
Read More »What are UTXOs in a Bitcoin Blockchain?
A. These are actual currency that is sent to the receiver of a transaction B. These are rewards for miners C. These form the input and output for transactions D. These are transaction output that has ben expended
Read More »What is the block time of the ledger?
A. 3 mins B. 5 mins C. 8 mins D. 10 mins
Read More »Bitcoins are created as a reward for a process known as?
A. Bubble B. Wallet C. Mining D. Ledger
Read More »The Bitcoin was introduced in this world by?
A. Stuart Haber B. W. Scott Stornetta C. Dave Bayer D. Satoshi Nakamoto
Read More »Bitcoin is a cryptocurrency invented in?
A. 2009 B. 2010 C. 2011 D. 2012
Read More »Which of the following statement is true about bitcoin?
A. There is no central storage; the bitcoin ledger is distributed B. There is no central server; the bitcoin network is peer-to-peer C. The ledger is public; anybody can store it on their computer D. All of the above
Read More »Bitcoin have a central authority?
A. TRUE B. Can’t say C. Can be true or false D. FALSE
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