Make Your Bitcoin Transactions Fully Anonymous

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Business, Information Technology (IT), Architecture, Social Studies
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University
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason Bitcoin is considered pseudo-anonymous?
Transactions are stored on a public ledger.
Transactions are encrypted.
Bitcoin transactions are untraceable.
Bitcoin addresses are private.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do Bitcoin mixers enhance transaction privacy?
By using private blockchains.
By hiding the transaction fees.
By mixing funds from multiple users.
By encrypting the transaction data.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important for Bitcoin mixers to use an open-source structure?
To increase the number of users.
To reduce transaction fees.
To allow users to verify the security of the service.
To ensure faster transactions.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk of using Bitcoin mixers?
They can increase transaction fees.
They might be used for illegal activities.
They require a lot of technical knowledge.
They make transactions slower.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which cryptocurrencies have built-in mixer functionalities?
Dogecoin and Cardano
Bitcoin and Ethereum
Dash and Zcash
Litecoin and Ripple
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