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Decrypt it! Level 1

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

What is bitcoin?

a)

A technology that underpins Hyperledger Fabric

b)

Another name for BlockChain

c)

An unregulated censorship resistant shadow currency

d)

A private network

2.

This person invented Bitcoin.

a)

Satoshi Nakamoto

b)

Elon Musk

c)

Donald Trump

d)

Sung Sam

3.

Where do you store your cryptocurrency?

a)

Bank account

b)

Floppy Disk

c)

In your pocket

d)

Wallet

4.

Total number of bitcoin that has been generated till now approximately....

a)

25 million

b)

21 million

c)

18 million

d)

22 million

5.

Which cryptocurrency recently gained popularity after tweet from the richest man of the world?

a)

Dogecoin

b)

Bitcoin

c)

Ethereum

d)

Ripple

6.

Which country have banned cryptocurrency?

a)

China

b)

India

c)

Saudi Arabia

d)

Belarus

7.

What is the use of Digital Signature?

a)

Hashing

b)

Encryption

c)

Encoding

d)

None of the above

8.

Where can you buy cryptocurrency?

a)

A private transaction

b)

An exchange

c)

A Bitcoin ATM

d)

All of the above

9.

Which of these apps don't trade crypto in India?

a)

Zebpay

b)

WazirX

c)

PayPal

d)

Unocoin

10.

Which of them is not a cryptocurrency?

a)

Polkadot

b)

Neo

c)

Jesus Coin

d)

Voss