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Bitcoin Vs Ethereum Vs Dogecoin

Total questions: 12

Worksheet time: 7mins

Name
Class
Date
1.

The crypto that has the highest market capitalisation

a)

Bitcoin

b)

Ethereum

c)

Dogecoin

2.

Bitcoin can only be controlled by the central bank.

a)

True

b)

False

3.

How are "bitcoins" produced?

a)

Governments supporting the "bitcoin" currency

b)

Computers using their processing power to facilitate and store transactions.

c)

Mines in the ground

d)

All of the Above

4.

A digital ledger of all the transactions ever made in a particular cryptocurrency and is repeatedly copied and saved onto thousands of computers all around the world, and it must always match each copy. As there is no master copy stored in one location, it's considered decentralized.

a)

Cryptography

b)

Blockchain

c)

Bitcoin

d)

Decentralized Application

5.

What is an Ethereum?

a)

Open software platform based upon Blockchain technology

b)

Private software platform based upon Blockchain technology

c)

Technology used in banks

d)

Centralized platform

6.

What is a Smart Contract?

a)

Contract written on paper

b)

Code with rules in the Ethereum network

7.

Ethereum was initially offered as

a)

IPO (Initial Public Offering)

b)

Mined

c)

ICO (Initial Coin Offering)

8.

The supply of ethereum is

a)

21 million

b)

23 million

c)

19 million

d)

Unlimited

9.

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

a)

Dogecoin

b)

Bitcoin

c)

Ethereum

d)

Ripple

10.

The immense rally of dogecoin was due to

a)

Memes

b)

Speculation

c)

Intrinsic value

11.

How to get Bitcoins?

a)

Commercial banks and exchange between users

b)

Stealing to creator

c)

Bitcoin stores, mining and at an exchange house

d)

Exchange between users, Bitcoin stores and mining.

12.

How many Bitcoins will

there ever be?

a)

21 million in 2140

b)

21 million in 2020

c)

14 million 2015

d)

23 million in 2140