What Do You Know About Bitcoin Quiz
10 Questions
| Total Attempts: 10356
Bitcoin is a cryptocurrency that has gained popularity over the years as a mode of investment where one can double their money instantly without breaking a sweat. People have been encouraged to buy them, and there are a lot of success stories about them. 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? - ProProfs]( "Who is the founder of bitcoin?")
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? - ProProfs]( "A record-keeping service done through the use of computer processing power is referred to as?")
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? - ProProfs]( "In the bitcoin blockchain, to be accepted by the rest of the network, a new block must contain a?")
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... - ProProfs]( "The information necessary for the transaction of bitcoins is stored in a...")
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? - ProProfs]( "What kind of cryptographic mechanism is used in bitcoin transactions?")
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? - ProProfs]( "The bitcoin network is regarded as?")
The bitcoin network is regarded as?- A.
Cryptic
- B.
Analogous
- C.
Decentralized
- D.
Coded
- 7.
![Bitcoin has often been referred to as? - ProProfs]( "Bitcoin has often been referred to as?")
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? - ProProfs]( "What keeps credentials offline while facilitating transactions?")
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? - ProProfs]( "Number of subsequent blocks in bitcoin system are also called?")
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? - ProProfs]( "A public ledger that records bitcoin transactions is referred to as?")
A public ledger that records bitcoin transactions is referred to as?- A.
Blockchain
- B.
System
- C.
Coding
- D.
Marginalization
Bitcoin is a consensus network that enables a new payment system and a completely digital money. How much do you really know about Bitcoin? Try out this test and let’s find out!
Questions: 10 | Attempts: 1341 | Last updated: Feb 28, 2018
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