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Cryptocurrency Flashcards | StudBud

Explore/Cryptocurrency

Cryptocurrency

12 terms·StudBud Administration·1,975 plays

A brief quiz to test your knowledge on cryptocurrency?

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Questions 12

Answers

1
What is the name of the first cryptocurrecy ever made in 2009?
Litecoin
Rimbit
Bitcoin
Bytecoin
2
How many servers are on a decentralized network?
At least 1
none
1
2
3
What does 'P2P' stand for?
Password-to-Password
Product-to-Product
Password-to-Peer
Peer-to-Peer
4
What country currently accepts Bitcoin?
Russia
Japan
China
France
5
What is the unit that powers the Ethereum Virtual Machine?
RAM
Bitcoin
Gas
US Dollar
6
What is Cryptocurrency?
A subordinate made by the FCA to stop money laundering
A form of cryptography to make secret messages digitally
A digital money made by principles of cryptography.
A theoretical technical analysis term
7
What is NOT a cryptocurrency?
Peercoin
Ripple
Digibit
Paypie
8
Which of these best describes the function of a stock exchange?
A place to buy food seasoning
A place to buy or sell illegal goods
Buyers & sellers interact to trade financial instruments
A place to buy football players for a team
9
Where do you store your cryptocurrency?
A financial institution
A wallet
A portfolio
A decentralized server
10
What is the name of the rumored Bitcoin founder?
Satoshi Koshimoto
Satoshi Nguyen
Satoshi Yoshimoto
Satoshi Nakamoto
11
What was purchased in the first Bitcoin transaction?
Taxi
More Bitcoins
Airfare
Pizza
12
What is our main objective?
To impact financial markets by utilizing market abuse
To work alongside credit ratings agencies
To develop a new cryptocurrency which is a monopoly
To get cryptocurrency recognized globally