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Fintech and Cryptocurrency Quiz

Authored by Fayzullokh Sattoriy

Business

2nd Grade

Used 1+ times

Fintech and Cryptocurrency Quiz
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27 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the pseudonymous creator of Bitcoin?

Satoshi Nakamoto

Albert Einstein

Bill Gates

Warren Buffett

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a private key in Bitcoin?

A cryptographic key used for signing transactions

A cryptographic key used for receiving bitcoins

A key used for identifying Bitcoin nodes

A key shared publicly to receive donations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a public Bitcoin address?

A unique identifier used to receive bitcoins

A secret code used to mine new bitcoins

An encryption key for securing Bitcoin transactions

The name of a Bitcoin wallet

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor is driving the growth of neobanks in fintech?

Offering convenient and user-friendly digital banking services

Imposing strict eligibility criteria for account opening

Charging high fees for basic banking services

Requiring physical presence for all transactions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the Genesis Block in Bitcoin?

It is the first block in the Bitcoin blockchain, mined by Satoshi Nakamoto

It marks the end of Bitcoin mining

It represents the finalization of all Bitcoin transactions

It signifies the launch of Bitcoin as a cryptocurrency

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which cryptographic algorithm is used in Bitcoin for secure transactions?

Hash

AES

MD5

DES

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of miners in the Bitcoin network?

To validate transactions and secure the network by solving complex mathematical puzzles

To create new bitcoins

To regulate the price of bitcoins

To control the supply of bitcoins

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