Bitcoin / Blockchain / Cryptocurrency

Bitcoin was launched in

• 2018

• 2015

• 2011

• 2009

The creator of Bitcoin is

• Bill Gates

• Satoshi Nakamoto

• Steve Jobs

• Mark Zuckerberg

A blockchain is

• a chain of lego blocks

• a National Bank database

• a Chinese currency

• a database with information on transactions

A blockchain is secured by

• PIN code

• 'hash' code

• password

• login

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

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

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

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

The process of encrypting and decrypting information.

• Decentralized Application

• Cryptocurrency

• Block

• Cryptography

Bitcoin derives value through which method?

• Collapse of national banks
• Insider dealing
• Scarcity
• ETF trading