cryptocurrency quiz 8

  1. All units of cryptocurrency are stored in wallets.
  2. True
  3. 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?
  4. Turing completeness
    Delegated Proof-of-Stake
    Smart contracts
  5. What is the name of the famous Bitcoin exchange from Japan that collapsed in 2014?
  6. Blockchain.info
    Mt. Gox
  7. What does a ledger in blockchain does?
  8. Mapping between owner and object
    Identification of owners
    Identification of objects owned
  9. What is the term for when a blockchain splits?
  10. A sidechain
    A merger
    A fork
  11. 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?
  12. $1 per BTC
    $0.003 per BTC
    $550 per BTC
  13. Bitcoin Is stored in bank accounts.
  14. False
  15. NFT stands for:
  16. Node Forex Transaction
    Non-Fungible Token
    Not Finished Talking
  17. Ethereum is a decentralized application
  18. True
  19. What is the name of the first academic paper that describes bitcoin commonly referred to as?
  20. The Bitcoin Whitepaper
    The origins of money
    The great unrevealing
  21. You can’t buy a fraction of a Bitcoin.
  22. True
  23. A blockchain is a national bank database.
  24. False
  25. Bitcoin relies on blockchain technology to operate.
  26. True
  27. The big innovation of Blockchain is:
  28. Creating artificially intelligent robots that can defraud the government
    Creating a highly secure way of storing information
    Creating VR bankruptcy
  29. There were several early attempts at creating a peer-to-peer internet currency before Bitcoin. Which of the following projects has NOT been tried?
  30. Bit Gold