June End Of Month - Academy Assessment

In what year did Bitcoin make its public debut?

• 2008

• 2009

• 2010

• 2010

Which consensus algorithm does Bitcoin use?

• Proof-of-work (PoW)

• Proof of Stake

• Delegated Proof of Stake

• Byzantine Fault Tolerance

What is the name of the process that produces new BTC coins?

• Staking

• Trading

• Trading

• Mining

What is the name of the first Bitcoin block?

• Alpha Block

• First Block

• Genesis block

• BTC Block #1

In 2010, a Florida man paid how much BTC for two pizzas?

• 1 BTC

• 1,000 BTC

• 10,000 BTC

• 100 BTC

Money is a medium of what?

• Storage

• Production

• Transportation

• Exchange

Microsoft accepts Bitcoin as a form of payment. True or false?

• True

• False

• Maybe

Which has the greatest transparency: money or Bitcoin?

• Bitcoin

• Money

Is Bitcoin regarded as a payment token?Yes

• Yes

• No

• Maybe

Is it possible to counterfeit Bitcoin?

• Only if you have special equipment

• It depends on the level of security

• Yes

• No