How educated are you about crypto?

How educated are you about crypto?

1st Grade

26 Qs

quiz-placeholder

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How educated are you about crypto?

How educated are you about crypto?

Assessment

Quiz

Professional Development

1st Grade

Practice Problem

Hard

Created by

Vitalii Kedyk

Used 19+ times

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

New bitcoin is created through what process?

proof of work miners finding the nonce 

proof of stake algorithm 

no more bitcoins are being created

Satoshi gives bitcoin away 

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The bitcoin blockchain is maintained by:

servers in secret locations

a public ledger on all miners and node operators

top 256 bitcoin holders

private keys of all BTC holders

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Any person can control how many bitcoin addresses?

up to 32

21 million 

unlimited

1

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Although there are thousands of cryptocurrencies, the most widely used protocol is:

bitcoin

ethereum

ripple

dogecoin

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a smart contract?

a computer protocol

a cloud-based contract

a contract verified by decentralised party

AI assisted contract

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ethereum is scheduled to transition to what in 2022?

proof of stake

proof of work 

pre-mine validation

airdrop

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How Many Bitcoins Are Left to Be Mined?

2 millions

The supply is unlimited

5 millions

21 millions

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