Fin Lit - Cryptocurrency

A digital fingerprint that is unique to a block is called a

• block ID

• hash

• digital lock

• block address

The people who create Bitcoins by solving complex math problems with their computers are called

• diggers

• coders

• miners

• blockheads

This slows the creation on new blocks in a blockchain and helps ensure its integrity.

• encryption

• digital fingerprints

• validation

• proof of work

The name for Bitcoin’s ledger is

• Lego link

• blockchain

• journal

• crypto wallet

Like US currency, cryptocurrency is this type of money

• gold standard

• paper

• fiat

• token

Bitcoin does not use one ledger; instead it uses this type of digital ledger to help ensure its integrity

• decentralized

• collaborative

• reversible

• governmental

The process of encrypting and decrypting information.

• Decentralized Application

• Cryptocurrency

• Block

• Cryptography

A form of money that exists as encrypted, digital information. Operating independently of any banks and uses sophisticated mathematics to regulate the creation and transfer of funds between entities.

• Bitcoin

• Cryptocurrency

• Decentralized Application

• Circulating Supply

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

Bitcoin was launched in

• 2018

• 2015

• 2011

• 2009