Blockchain & Cryptocurrency

Quiz
•
Life Skills
•
9th - 12th Grade
•
Medium
DAVID NEWCOMB
Used 282+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total number of coins in a cryptocurrency that are in the publicly tradable space. Some coins can be locked, reserved or burned, therefore unavailable to public trading.
Confirmed
Blockchain
Circulating Supply
Decentralized Application
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A computer program that utilizes a blockchain for data storage, runs autonomously, is not controlled or operated from a single entitiy, is open source and has its use incentivized by the reward of fees or tokens.
Bitcoin
Blockchain
Cryptocurrency
Decentralized Application
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something every cryptocurrency coin has that's unique and identifies where it sits on the blockchain. It's where the coin's ownership data is stored and where any changes are registered when it is traded.
Address
Block
Blockchain
Cryptography
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bitcoin was the first and is the most successful of all the cryptocurrencies. All the other coins are grouped together under this category.
Bitcoin
Altcoins
Cryptocurrency
Circulating Supply
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The blockchain is made up of these and each one holds a historical database of all cryptocurrency transactions made until it's full. It's a permanent record, like a bag of data that can be opened and viewed at any time.
Bitcoin
Blockchain
Block
Address
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A digital ledger of all the transactions ever made in a particular cryptocurrency and is repeatedly copied and saved onto thousands of computers all around the world, and it must always match each copy. As there is no master copy stored in one location, it's considered decentralized.
Cryptography
Blockchain
Bitcoin
Decentralized Application
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The very first cryptocurrency. It was created in 2008 by an individual or group of individuals operating under the name Satoshi Nakamoto. It was intended to be a peer-to-peer, decentralized electronic cash system.
Crytocurrency
Altcoins
Blockchain
Bitcoin
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