Learning Bitcoin and Other Cryptocurrencies
The paper that started Bitcoin was released in _____.
2008
What is a 'Block"
A group of tranasactions bundled together
How frequently does the Bitcoin network confirm a block of transactions?
About every ten mins
What is the market symbol for Bitcoin
BTC
What is the URL of the website run by bitcoin foundation
BitCoin.org
Most ICOs live on the blockchain of which cyprocurrency?
Ethereum
What are two of Bitcoin's strengths?
It can enable online applications; the technology is open and proven.
Bc individuals IOTA are so small, people usually refer to ___.
MIOTA(millions of IOTA)
Fraud on the Bitcoin network can occur when ____ percent of mining is coordinated by one party
Over 50
Which of these is true about Ripple? Ripple is continuously mined, much like Bitcoin. Ripple users are all equal to each other on the Ripple network. Ripple was created with the needs of shopkeepers in mind. Ripple value fluctuates on the market, just like Bitcoin's.
Ripple value fluctuates on the market, just like Bitcoin's.
The programming language built into Ethereum is called _____. Solidity Gas Solidify Ether
Solidity
What's a different between exchanges and institutional markets?
Wheter the company sells its own Bitcoins, or simply matches buyers and sellers
Bitcoin is unusual in that _____.
entirely digital
Bitcoin's value is relatively stable.
f
Bitcoin mining "difficulty" is measured in _____ per second.
hashes
There are _____ cryptocurrencies besides Bitcoin
over thousands
Which kind of wallet is protected against online attacks? A software wallet. A combination of software and hosted wallets. A hosted wallet. A paper wallet.
paper wallet
Bitcoin is easier to lose by accident than other forms of money.
true