
Understanding Bitcoin and Blockchain

Interactive Video
•
Business, History, Social Studies, Computers
•
10th Grade - University
•
Hard

Olivia Brooks
FREE Resource
Read more
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common misconception about the history of money?
Gold was the first form of money.
Barter was the foundation of early commerce.
Beads were used as currency before gold.
Money was always based on precious metals.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a characteristic that makes Bitcoin superior to gold?
Scarcity
Corrosiveness
Transportability
Divisibility
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Bitcoin's deflationary nature affect its supply?
The supply increases over time.
The supply decreases over time.
The supply is unpredictable.
The supply remains constant.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a satoshi in the context of Bitcoin?
A type of cryptocurrency
A Bitcoin transaction
A unit of Bitcoin
A Bitcoin wallet
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key advantage of Bitcoin's decentralized ledger?
It is less secure than traditional ledgers.
It requires a bank to operate.
It is controlled by a single entity.
It is free from government influence.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary function of blockchain technology?
To increase the cost of transactions
To replace all traditional databases
To provide a secure, unchangeable ledger
To create new cryptocurrencies
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a potential use of blockchain technology?
Enhancing video game graphics
Developing new programming languages
Improving voting systems
Creating new social media platforms
Create a free account and access millions of resources
Similar Resources on Wayground
9 questions
Understanding Blockchain and Its Implications

Interactive video
•
9th - 12th Grade
8 questions
Should I Buy Bitcoin?

Interactive video
•
11th Grade - University
9 questions
Understanding Blockchain Technology Concepts

Interactive video
•
9th - 12th Grade
6 questions
Elevator Pitch - What Is Blockchain?

Interactive video
•
10th - 12th Grade
6 questions
120 Bitcoin - One Minute History

Interactive video
•
11th Grade - University
6 questions
120 Bitcoin - One Minute History

Interactive video
•
11th Grade - University
11 questions
Understanding Blockchain Technology

Interactive video
•
10th Grade - University
8 questions
10 Ways Cryptocurrencies Are Changing The World

Interactive video
•
11th Grade - University
Popular Resources on Wayground
15 questions
Hersheys' Travels Quiz (AM)

Quiz
•
6th - 8th Grade
20 questions
PBIS-HGMS

Quiz
•
6th - 8th Grade
30 questions
Lufkin Road Middle School Student Handbook & Policies Assessment

Quiz
•
7th Grade
20 questions
Multiplication Facts

Quiz
•
3rd Grade
17 questions
MIXED Factoring Review

Quiz
•
KG - University
10 questions
Laws of Exponents

Quiz
•
9th Grade
10 questions
Characterization

Quiz
•
3rd - 7th Grade
10 questions
Multiply Fractions

Quiz
•
6th Grade