Learning Bitcoin and Other Cryptocurrencies

Lakukan tugas rumah & ujian kamu dengan baik sekarang menggunakan Quizwiz!

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


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