Bitcoin Knowledge Quiz

When was Bitcoin created?

• 2005

• 2008

• 2012

• 2015

Who is the creator of Bitcoin?

• Vitalik Buterin

• Charlie Lee

• Satoshi Nakamoto

• Nick Szabo

Which of the following is a common method to sell Bitcoin?

• Via a traditional bank

• Via a peer-to-peer platform

• By mailing it

• By trading it for stocks

Which component is NOT typically part of a Bitcoin transaction?

• Inputs

• Outputs

• Mining Fee

• Account Number

What is the purpose of mining in the Bitcoin network?

• To encrypt transactions

• To generate private keys

• To validate transactions and add new blocks to the blockchain

• To maintain centralized control

What happens when a Bitcoin transaction is invalid?

• It is automatically approved

• It is rejected by the network

• It is stored in a pending state forever

• It is converted into fiat currency

Which of the following can invalidate a Bitcoin transaction?

• Correct private key

• Sufficient funds

• Double spending

• Transaction fee paid

Which scripting language is used in Bitcoin transactions?

• Solidity

• Python

• Bitcoin Script

• JavaScript

Which feature is NOT enabled by Bitcoin's scripting language?

• Multi-signature transactions

• Time locks

• Smart contracts

• Atomic swaps

What type of node stores a complete copy of the Bitcoin blockchain?

• Light Node

• Full Node

• Partial Node

• Validation Node