cryptocurrency quiz 6

1. What Is Private Chain?
A key not to be given to the public
A key given to the public
2. What Is A Blockchain?
A ledger
A currency
A distributed on a peer to peer network
3. What Is A Node ?
A computer on a Blockchain network
An exchange
A type of currency
4. Where Is The Least Safe Place To Keep Your Cryptocurrency?
On a hot wallet
On an exchange
At your work desk
5. Cryptocurrency Is Controlled By Which Organization?
world bank
central bank
None
6. Non-fungible Tokens (NFTs) are a crypto asset that people can collect and trade.
True
False
7. Cryptocurrencies are low-risk investments if you buy and hold.
True
False
8. Regulators and law enforcement can’t trace cryptocurrency transactions.
True
False
9. Cryptocurrencies and blockchain are the same thing.
True
False
10. How is cryptocurrency treated by the IRS?
As property subject to capital gains tax
They don’t know about it
As an illegal asset they could seize
11. What is a cryptocurrency tumbler?
A sweet art blog
A coin wallet attachment
A service that hides coin origins
12. How many Bitcoins are currently active?
36%
64%
All of them
13. What is a smart contract?
A cloud-based contract
Artificial intelligence assisted contract
A computer protocol
14. How much has Bitcoin's value grown since 2014?
36%
Over 800%
255%
15. Where do you store cryptocurrency?
Blockchain
Chain wallet
Private keys