Crypto-currency Quiz For Beginners
10
Total Questions : 100 Scoring System: Correct Answer : +4 points Incorrect Answer : -1 point Not Answered : 0 point Time Limit: Each question has a time limit of 10 seconds. The final result will appear at the end. All The Best!!!
- What Is The Production Of Cryptocurrency Called?
- What Is Blockchain?
- What Technology Is The Cryptocurrency Based On?
- In What Form Can Cryptocurrency Be Stored?
- What Is Cryptocurrency?
- The Key Feature Of Cryptocurrency Functioning?
- What Interesting Thing Happened To One Of The First Bitcoin Miners, James Howells?
- What Makes Cryptocurrency Secure?
- What Is The Maximum Amount Of Bitcoin That Will Ever Be Created?
- Where Do You Store Your Cryptocurrency?
- In Which Year Cryptocurrency Was Introduced?
- First Most Popular Cryptocurrency?
- Cryptocurrency Is Which Type Of Currency?
- Cryptocurrency Is Controlled By Which Organization?
- We Can Buy Cryptocurrency By Which Method?
- P2P Network Stand For?
- Cryptocurrency Also Known As
- What Powers The Ethereum Virtual Machine?
- Which Cryptocurrency Was The Most Expensive At The End Of 2017?
- Select The Pseudonym Of The Founder Of The Bitcoin Payment System.
- In What Year Does The Term "Cryptocurrency" First Begin To Be Used?
- Which Country Is The Biggest Miner Of Cryptocurrencies?
- Who Invented Ethereum Coin?
- Blockchain Networks Are Much _____ And Deal With No Real Single Point Of Failure.
- Bitcoin Is A Cryptocurrency?
- Blockchain Has How Many Versions.
- Blockchain Enables Peer-To-Peer Transfer Of Digital Currency Without Any Intermediaries Such As Banks.
- Blockchain Enable A Centralized Or A Decentralized System For The Exchange Of Value?
- Cryptocurrency Used By Which Method?
- Cryptocurrency Used For Which Purpose?
- Benefits Of Using Cryptocurrency
- Bitcoin Is Made Up Of On Which Software
- Which Currency Is Made By Vitarik Buterin
- After Bitcoin Which Is 2nd Most Popular Cryptocurrency
- In 2011 Which Currency Was Created
- 5th Most Popular Cryptocurrency
- Cryptocurrency Works In Which Operating System
- Lite Coin Made Which Person
- Charls Lee Works For Which Organization
- What Is Blockchain Ledger?
- Satoshi Nakamoto Released The Idea Of Bitcoin In Which Year?
- Bitcoin Created By Which Process?
- Which Of The Following Is A Cryptocurrency?
- What Is A Cryptocurrency?
- Select The Fiat Currency?
- Bitcoin Runs On ______ Technology?
- Bitcoin Uses Which Data Technology?
- What Is The Code Of Bitcoin?
- In Which Year Last Bitcoin Shall Come Into Circulation?
- Fiat Currencies Require _____
- Bitcoin Is A _____
- What Is A Smart Contract?
- Transactions Are Verified By Network Nodes Through Cryptography And Recorded In A Public Distributed Ledger Is Called A _____
- Which Is The First Cryptocurrency In India?
- Bitcoin.Org Was Registered In
- How Often Does Bitcoin Ledger Reconcile
- What Are The Different Types Of Tokens?
- What Is A Miner
- What Is A DApp?
- What Is The Term For When A Blockchain Splits?
- What Is The Purpose Of A Nonce?
- What Is Cold Storage?
- Each Block Of A Blockchain Consists Of Which Of The Following.
- Bitcoin Is Based On _______blockchain.
- Hash Identifying Each Block In The Blockchain Is Generated Using Which Of The Following Cryptographic Algorithm.
- Blockchain Forks Can Results In Which Of The Following.
- What Is Private Chain?
- What Is A Blockchain?
- What Is A Node ?
- Where Is The Least Safe Place To Keep Your Cryptocurrency?
- Non-fungible Tokens (NFTs) are a crypto asset that people can collect and trade.
- Cryptocurrencies are low-risk investments if you buy and hold.
- Regulators and law enforcement can’t trace cryptocurrency transactions.
- Cryptocurrencies and blockchain are the same thing.
- How is cryptocurrency treated by the IRS?
- What is a cryptocurrency tumbler?
- How many Bitcoins are currently active?
- How much has Bitcoin's value grown since 2014?
- Where do you store cryptocurrency?
- There are more than two thousand types of cryptocurrency
- To transfer crypto from one wallet to another you’ll need
- The risks of investing in cryptocurrency include:
- Bitcoin has a maximum supply of 25 million coins.
- Crypto asset scams are among the most popular types of online investment scams.
- There is no difference between cryptocurrencies and crypto assets, these terms are interchangeable.
- Ether (ETH) is the digital currency for the Ethereum platform.
- How can an investor mitigate risk in his/her crypto investing approach?
- Bitcoin will retain its value and rise in price over time because there’s a limited supply.
- Historically, what has happened to the Bitcoin price following a halving?
- Not all crypto assets are securities.
- One of Bitcoin’s defining features is the limit on the total amount of coins in circulation. But how high exactly is the limit? What is the largest amount of bitcoins to ever be produced? (Hint: it’s a trick question)
- Gas fees are transactions fees on the Ethereum network.
- Cryptocurrencies can be used for payments.
- All units of cryptocurrency are stored in wallets.
- Bitcoin is not as simple as some might think, as it supports a pretty advanced feature. Which of these things is actually present in Bitcoin?
- What is the name of the famous Bitcoin exchange from Japan that collapsed in 2014?
- What does a ledger in blockchain does?
- In the early days of Bitcoin, it was traded in deals between individual people meeting each other online, with no regular trading activity. What was the BTC/USD exchange rate when it first started trading on an online exchange?
- Bitcoin Is stored in bank accounts.
- NFT stands for:
Makeup
Fabrication
Mining
A sequential chain of blocks containing information
Cryptocurrency value data
A secret database by which the owners of the cryptocurrency manage it
Blockchain
Photometrics
Cryptanalysis
In the form of gold coins
As encrypted information in a chain of computers
As information on the user's electronic wallet and an encrypted copy on a central cryptocurrency server
Hackers' secret money
Encrypted currency of a certain state
A type of digital currency
Absence of any internal or external administrator
Reliability backed by gold
The fact that it is based on ancient knowledge
He produced several thousand bitcoins and donated them to a homeless charity.
He produced over 7,000 bitcoins, but then deemed them useless and threw his hard drive in a landfill along with his broken laptop.
He created 80,000 bitcoins in just one week and is now one of the richest people.
Servers
Government Banks
Cryptographic math
infinity, because there is no limit
21 million
Nobody knows
Hardware/ software wallet
Bank Account
In your pocket
2009
2010
2005
Ethereum
Tether
Bitcoin
online currency
Paper currency
offline currency
central bank
world bank
None
by paper money
by central method
by offline method
personal to personal network
person to personal network
Peer to peer network
digital network
paper currency
None
Ether
Gas
Bitcoin
Bitcoin
Dash
Ethereum
Satoshi Nakamoto
John Smith
Xiao Huawei
2008
2009
2007
China
India
USA
Elon Musk
Vitarik Buterin
Satoshi Nakamoto
Simpler
Convenient
Easier to scale
True
False
5
2
3
True
False
Centralized
Decentralized
None
printing
Internet
Paper
For buying goods and services
Only buying for services
None
Less chance of fraud
safer than physical payments
Both
System software
Open source software
Application software
Ethereum
Bitcoin
Litecoin
Ethereum
Doge coin
Litecoin
Bitcoin
Doge coin
Lite coin
Lite coin
Bitcoin
Doge coin
Mac
Window / Android
Both
Vitarik Buterin
Charls Lee
Satoshi Nakamoto
Google
Yahoo
Facebook
Online information saver
Offline information saver
None
2009
2008
2011
Minting
Mining
None
Ripple
Kardashian
Bolivar
A form of digital currency
A form of currency that released on cryptography
Both
Dollar
Pound/Yen
Both
Blockchain
Network chain
Amazon server
Distributed network
Peer to peer network
Internet network
BTC
BC
ATC
2040
2141
2060
Financial approval
Government approval
Both
currency
Property/Commodity
Both
A computer protocol
A cloud based contract
Artificial intelligence assisted contract
Blockchain
Crypto wallet
None
Bitcoin
Doge coin
IC15
2011
2008
2017
Every day
Every 10 minutes
Every 3 minutes
Privacy
Currency
Platform
Computers that validate and process blockchain transactions
An algorithm that predicts the next part of the blockchain
A type of blockchain
A type of currency
A decentralized application
A condiment
A merger
A side chain
A fork
Prevents double spending
A hash function
Sends information to the blockchain network
A private key not connected to the internet
A private key connected to the internet
A desktop wallet
Timestamp
List of transactions
Both
Private
Public
Permissioned
SHA256
SHA128
Multiple parent blocks
Multiple children blocks
A key not to be given to the public
A key given to the public
A ledger
A currency
A distributed on a peer to peer network
A computer on a Blockchain network
An exchange
A type of currency
On a hot wallet
On an exchange
At your work desk
True
False
True
False
True
False
True
False
As property subject to capital gains tax
They don’t know about it
As an illegal asset they could seize
A sweet art blog
A coin wallet attachment
A service that hides coin origins
36%
64%
All of them
36%
Over 800%
255%
Blockchain
Chain wallet
Private keys
True
false
A street address
An email address
A public wallet address
The possibility of the government confiscating your cryptocurrency
Big price swings
A robot uprising
True
False
True
False
True
False
True
False
Adopt a dollar cost average (DCA) investing strategy
Conduct research into a cryptocurrency before purchasing it
All of the above
False
True
A significant dive in price
A significant surge in price
Price stays relatively stable
True
False
184 billion
100 million
21 million
False
True
True
False
True
False
Turing completeness
Delegated Proof-of-Stake
Smart contracts
Blockchain.info
Mt. Gox
Tradehill
Mapping between owner and object
Identification of owners
Identification of objects owned
$1 per BTC
$0.003 per BTC
$550 per BTC
False
True
Node Forex Transaction
Non-Fungible Token
Not Finished Talking
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