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Incredible Crypto Quiz

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Q 1. WHAT WAS BITCOIN’S RECORD HIGH PRICE?

Option:-

  • 68,350
  • 63,729
  • 71,882
  • 60,113
63,729

Q 2. HOW MUCH ETHER DID A HACKER STEAL IN 2016?

Option:-

  • $25 million
  • $40 million
  • $50 million
  • $65 million
$50 million

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Q 3. WHAT IS BITCOIN’S CAP LIMIT?

Enter Your Answer:-

  • 21 million
21 million

Q Alt 3. WHAT ARE THE DIFFERENT TYPES OF TOKENS?

Option:-

  • Platform
  • Privacy
  • Currency
  • All of the Above
  • None of the Above
All of the Above

Q 4. WHAT WAS THE EARLIEST ITERATION OF CRYPTOCURRENCIES?

Option:-

  • Bitcoin
  • Litecoin
  • Hashcash
  • Digicash
Digicash

Q Alt 4. WHAT IS A MECHANISM WHERE ONE CRYPTOCURRENCY CAN BE EXCHANGED DIRECTLY FOR ANOTHER CRYPTOCURRENCY?

Enter Your Answer:-

  • Atomic Swap
Atomic Swap

Q 5. WHICH OF THESE IS NOT A QUALITY OF A BLOCKCHAIN?

Option:-

  • Structures its data into tables
  • Data is chained together
  • Decentralized
  • Viewed Transparently
Structures its data into tables

Q 6. HOW MANY COINS CAN LITECOIN ACCOMMODATE UP TO?

Option:-

  • 64 million
  • 21 million
  • 84 million
  • 54 million
84 million

Q 7. WHEN DID LITECOIN GO LIVE?

Option:-

  • September 24, 2013
  • October 13, 2011
  • November 2, 2010
  • December 23, 2012
November 2, 2010

Q Alt 7. WHAT DOES P2P STAND FOR?

Option:-

  • Password to Peer
  • Peer to Peer
  • Password to Product
  • Password to Password
Peer to Peer

Q 8. WHICH OF THESE MOST CLOSELY LINES UP WITH THE MEANING OF MINING BITCOIN?

Option:-

  • Using your computer to verify the legitimacy of bitcoin transactions.
  • Using your computer to discover hidden bitcoin in the blockchain.
  • Using your computer to dig up blocks of bitcoin.
  • Using your computer to create new bitcoin tokens, which are added to the blockchain.
Using your computer to verify the legitimacy of bitcoin transactions.

Q 9. WHAT IS THE BLOCK REWARD FOR DOGECOIN AS OF MAY 11, 2021?

Option:-

  • 10,000
  • 15,000
  • 8,500
  • 2500
10,000

Q Alt 9. WHAT WAS THE LAUNCH PRICE OF BITCOIN?

Option:-

  • $0.24
  • $0.004
  • $0.0063
  • $0.0008
$0.24

Q Alt 9-2. WHAT IS THE TERM FOR WHEN A BLOCKCHAIN SPLITS?

Option:-

  • A split
  • A division
  • A sidechain
  • A fork
A fork

Q 10. ETHEREUM FOUNDER CHARLES HOSKINSON ALSO FOUNDED THIS CRYPTOCURRENCY:

Option:-

  • Cardano
  • Stellar
  • Chainlink
  • Binance Coin
Cardano

Q 11. WHERE DO BITCOIN TRANSACTION FEES GO?

Option:-

  • Satoshi Nakamoto
  • Back into the blockchain
  • To the bitcoin miner
  • Used to create more tokens
To the bitcoin miner

Q Alt 11. WHAT IS COLD STORAGE?

Option:-

  • A desktop wallet
  • Document storage outside of digital devices
  • A private key connected to the Internet
  • A private key not connected to the Internet
A private key not connected to the Internet

Q 12. WHICH OF THESE HAS THE HIGHEST CAP LIMIT?

Option:-

  • Dogecoin
  • Ethereum
  • Stellar XLM
  • Binance Coin
Dogecoin

Q 13. WHICH OF THESE IS NOT A MAJOR CONCERN WITH ETHEREUM?

Option:-

  • Electrical construction of the blockchain
  • Energy Consumption from miners
  • Environmental impact from the blockchain
  • Gas Emissions caused by transactions
Electrical construction of the blockchain

Q 14. WHAT WAS THE FIRST BITCOIN TRANSACTION USED FOR?

Option:-

  • Restaurant tip
  • A car
  • Rent
  • Pizza
Pizza

Q 15. IN 2009 HOW MUCH WOULD ONE BLOCK EARN A MINER?

Option:-

  • 200 BTC
  • 50 BTC
  • 12.5 BTC
  • 25 BTC
50 BTC

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