Blockchain and Cryptocurrency Quiz

Who created Bitcoin?

• Satoshi Nakamoto

• Craig Wright

• John McAfee

What is a blockchain?

• A cryptocurrency

• A distributed ledger running on a peer to peer network of nodes

• A database run by Satoshi Nakamoto

What is a genesis block?

• The Book of Genesis on the blockchain

• The initial state of the blockchain

• The first transaction on the blockchain

Where are your cryptocurrency assets stored?

• In your digital wallet

• In 1000's of blockchain nodes

• In your bank account

What is a miner?

• A node responsible for verifying and auditing transactions

• Someone mining for gold underground

• A node responsible for proposing new blocks - verifying transactions - and auditing transactions

Why do miners do hard work to secure the network?

• For block rewards

• For goodwill

• For political reasons

What is a node in a blockchain network?

• A programming language

• A cryptocurrency token

• A computer running the blockchain software

What does P2P mean?

• Peer to Peer

• Product to Product

• Password to Private Key

What are valid use cases for blockchain technology?

• Storing and transferring assets

• Participating in decentralized governance

• Tracking food items across the supply chain

• All of the above

How are smart contracts executed?

• On Ethereum servers

• On the Ethereum Virtual Machine (EVM)

• Jeff Bezos runs them