CRYPTO QUIZ 2022 (TULDOK)

Investors who actively hold onto, or lock up their crypto holdings in their crypto wallet are participating in these networks' consensus-taking processes.

• BIDDING

• STAKING

• BURNING

• HOLDING

The pseudonymous creator of Bitcoin.

• Xatoshi Nakomoto

• Shatoshi Nokomoto

• Hatoshi Nokooto

• Satoshi Nakomoto

The process whereby new cryptocurrency coins are made available and the log of transactions between users is maintained.

• Holding

• Mining

• Minting

• Dancing

A computer that connects to a blockchain network.

• Internet

• Node

• Cable Wire

• Chain

The encrypted code that allows direct access to your cryptocurrency. Like your bank account password, you should never share it.

• Private Key

• Public Key

• Secret Key

• Token Code

Your wallet’s address, which is similar to your bank account number. You can share your _______ wallet with people or institutions so they can send you money or take money from your account when you authorize it.

• Private Key

• Public Key

• Secret Key

• Token Code

Where do you store cryptocurrency?

• Blockchain

• Chain Wallet

• Private Keys

• Public Keys

How many Bitcoins are currently active?

• All of Them

• 64%

• 36%

• 0

How is cryptocurrency treated by the IRS?

• Digital Nothing

• As an illegal asset they could seize

• As property subject to capital gains tax

• They don’t know about it

What is a Proof of Stake?

• A computer protocol

• A cloud-based contract

• Artificial intelligence assisted contract

• As collateral called staking