Assessment 1

Assessment 1

Professional Development

55 Qs

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Assessment 1

Assessment 1

Assessment

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Professional Development

Practice Problem

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Karen Kriska

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55 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Bitcoin?

an online wallet

a ledger of transaction

a digital currency

a gold

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who invented Bitcoin?

Vitalik Buterin

Satoshi Nakamoto

Mark Zuckerberg

Jaded McCaleb

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When was Bitcoin network created?

31 October 2008

18 August 2008

12 January 2009

3 January 2009

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the title of the White Paper Nakamoto released in 2008?

Bitcoin: A Peer-to-Peer Electronic Cash System

Bitcoin: A Peer-to-Peer Electronic Money System

Bitcoin: A Peer-to-Peer Digital Cash System

Bitcoin: A Peer-to-Peer Future Cash System

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the supply limit of Bitcoin?

21,000,000,000

21,000,000

21,000

21

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In actuality, the final bitcoin is unlikely to be mined until around which year?

2041

2410

2025

2140

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When bitcoin was first launched in 2009, miners used to earn 50 BTC as rewards for processing per block. After the first halving, the reward was reduced to 25 BTC, then to 12.5 BTC. How many is the bitcoin rewards right now?

5.5

4.5

6.5

7.5

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