What Do You Know About Bitcoin?
10 Questions
| Total Attempts: 10250
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Bitcoin is a cryptocurrency that has gained popularity over the years as a mode of investment where one can double their money in an instant without breaking a sweat. People have been encouraged to buy them and there are a lot of success stories about it. How much do you know about bitcoin? Take up the test below and find out!
Questions and Answers
- 1.Who is the founder of bitcoin?
- A.
Satoshi Nakamoto
- B.
Lee Ho
- C.
Sanisa Meenho
- D.
Toshia Nikes
- 2.A record-keeping service done through the use of computer processing power is referred to as?
- A.
Blocking
- B.
Mining
- C.
Scripting
- D.
Coding
- 3.In the bitcoin blockchain, to be accepted by the rest of the network, a new block must contain a?
- A.
White code
- B.
Blockcode
- C.
Code
- D.
Proof-of-work
- 4.The information necessary for the transaction of bitcoins is stored in a?
- A.
Code
- B.
Wallet
- C.
Block
- D.
Chain
- 5.What kind of cryptographic mechanism is used in bitcoin transactions?
- A.
Analogous
- B.
Public-key
- C.
Digital
- D.
Coded
- 6.The bitcoin network is regarded as?
- A.
Cryptic
- B.
Analogous
- C.
Decentralized
- D.
Coded
- 7.Bitcoin has often been referred to as?
- A.
Cash coin
- B.
Cash lite
- C.
Digital cash
- D.
Cash money
- 8.What keeps credentials offline while facilitating transactions?
- A.
Hardware wallet
- B.
Card key
- C.
Cashcoin
- D.
Blockchain
- 9.Number of subsequent blocks in bitcoin system are also called?
- A.
Wallets
- B.
Codes
- C.
Confirmations
- D.
Chains
- 10.A public ledger that records bitcoin transactions is referred to as?
- A.
Blockchain
- B.
System
- C.
Coding
- D.
Marginalization
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