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Cryptocurrency

Authored by Kristina Bootz

Business

9th - 12th Grade

30 Questions

Used 11+ times

Cryptocurrency
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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Satoshi Nakamoto created this cryptocurrency

Ethereum

Bitcoin

Litecoin

XRP

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Bitcoin was launched in

2018

2015

2011

2009

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A blockchain is secured by

PIN code

'hash' code

password

login

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bitcoin derives value through which method?

Collapse of national banks
Insider dealing
Scarcity
ETF trading

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The computers that process transactions for the bitcoin network are commonly called

GPU
Bitcoin Foundation Member Units
Miners
Truckers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the general ledger that tracks all bitcoin transactions?

The Block Chain
The Gox Chain
Ledger Link
Satoshi Square

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a fiat currency?

Currency backed by a gold standard

A currency used to purchase a car

A currency backed by a physical commodity

A currency that is declared a currency by the government, although not backed by a physical commodity

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