Crypto Foundations M2 Quiz

Crypto Foundations M2 Quiz

11th Grade

10 Qs

quiz-placeholder

Similar activities

Начала программирования на языке Паскаль

Начала программирования на языке Паскаль

8th - 11th Grade

15 Qs

Technology trends

Technology trends

7th - 12th Grade

15 Qs

Chapter 3: Storage devices and media (Part 2):

Chapter 3: Storage devices and media (Part 2):

10th - 11th Grade

15 Qs

STARFIELD MID-TERM 2

STARFIELD MID-TERM 2

9th - 12th Grade

15 Qs

Technology Week HTG Quiz - Monday

Technology Week HTG Quiz - Monday

7th - 12th Grade

10 Qs

Databases

Databases

11th Grade

15 Qs

ETWINNING SID EVENT 24

ETWINNING SID EVENT 24

1st - 12th Grade

10 Qs

Working with tables

Working with tables

5th - 12th Grade

10 Qs

Crypto Foundations M2 Quiz

Crypto Foundations M2 Quiz

Assessment

Quiz

Computers

11th Grade

Practice Problem

Medium

Created by

B Neely

Used 6+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Emma wants to store her cryptocurrencies securely. She learns about hot wallets and cold wallets. How are hot wallets different from cold wallets in terms of security?

Cold wallets are connected to the internet at all times, making them less secure.

Hot wallets don't need private keys, making them more secure.

Hot wallets are connected to the internet at all times, making them less secure.

Cold wallets don't need public keys, making them more secure.

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Abigail wants to understand the difference between a cryptocurrency exchange and a cryptocurrency wallet. Can you help her?

There is no difference since all wallets are hosted on exchanges.

Exchanges are only used to make transactions, not to store cryptocurrency.

Exchanges are offline whereas wallets are always connected to the internet.

An exchange controls your keys but you control your cryptocurrency.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ethan is considering storing his cryptocurrency in a hot wallet. What is one potential risk associated with a cryptocurrency hot wallet?

It could be hacked since it is offline at all times.

Ethan could lose access if the exchange fails.

There are no risks associated with hot wallets.

It could be hacked since it is online at all times.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Evelyn wants to access her cryptocurrency. She has both public and private keys. What is the best description to explain the difference between these keys?

There really is not a difference between public and private keys for cryptocurrency.

Public keys are like an email address and private keys are like a password.

Public keys are like a password and private keys are like an email address.

Public keys are only used on public exchanges and private keys only for wallets.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Daniel wanted to send some cryptocurrency to Priya as a birthday gift. He received a confirmation that the transaction was successful, but Priya showed him proof that she never received the cryptocurrency. What did Daniel most likely do wrong?

He used the wrong public key.

He used the wrong private key.

He chose the wrong block on the blockchain.

He chose the wrong public ledger.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Abigail, Olivia, and Hannah are discussing cryptocurrencies. Abigail wants to invest in cryptocurrency but is concerned about security. She wants to store it in a way that she has control and is potentially the most secure. What storage method should Abigail choose?

Hot wallet

Cryptocurrency exchange

Cold wallet

In a financial institution

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Aria, Benjamin, and Jackson are discussing about cryptocurrency. They are trying to understand what makes it secure. Can you help them identify two features that ensure the security of cryptocurrency?

Government oversight and cryptography

Backed by financial institutions and blockchain technology

Government regulation and blockchain technology

Blockchain technology and cryptography.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?