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NFT TERMS

Total questions: 115

Worksheet time: 58mins

Name
Class
Date
1.

What is Airdrop?

a)

Away to promote cryptocurrencies by sending some free tokens to traders

b)

The highest point (in price, in market capitalization) that a cryptocurrency has been in history

c)

The lowest point (in price, in market capitalization) that a cryptocurrency has been in history

d)

Coins althernative to Bitcoin

2.

What is All time high?

a)

Away to promote cryptocurrencies by sending some free tokens to traders

b)

The highest point (in price, in market capitalization) that a cryptocurrency has been in history

c)

The lowest point (in price, in market capitalization) that a cryptocurrency has been in history

d)

Coins althernative to Bitcoin

3.

What is All time low?

a)

Away to promote cryptocurrencies by sending some free tokens to traders

b)

The highest point (in price, in market capitalization) that a cryptocurrency has been in history

c)

The lowest point (in price, in market capitalization) that a cryptocurrency has been in history

d)

Coins althernative to Bitcoin

4.

What is Altcoin?

a)

Away to promote cryptocurrencies by sending some free tokens to traders

b)

The highest point (in price, in market capitalization) that a cryptocurrency has been in history

c)

The lowest point (in price, in market capitalization) that a cryptocurrency has been in history

d)

Coins alternative to Bitcoin

5.

What is Ask me anyting(AMA)?

a)

Away to promote cryptocurrencies by sending some free tokens to traders

b)

refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.

c)

Refers to actions where individuals of certain profession (eg. fireman, nurse, journalists) or company (eg. CEO of Tesla) conduct a session for users to ask them questions.

d)

Coins althernative to Bitcoin

6.

What is Atomic SWAP?

a)

Away to promote cryptocurrencies by sending some free tokens to traders

b)

Refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries

c)

Refers to actions where individuals of certain profession (eg. fireman, nurse, journalists) or company (eg. CEO of Tesla) conduct a session for users to ask them questions.

d)

Coins althernative to Bitcoin

7.

What is Bearish?

a)

Away to promote cryptocurrencies by sending some free tokens to traders

b)

Refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.

c)

refers to actions where individuals of certain profession (eg. fireman, nurse, journalists) or company (eg. CEO of Tesla) conduct a session for users to ask them questions.

d)

A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.

8.

What is Bear Market?

a)

Contrary to the bull market, it indicates the direction of the market going for the downward trend.

b)

Refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.

c)

Refers to actions where individuals of certain profession (eg. fireman, nurse, journalists) or company (eg. CEO of Tesla) conduct a session for users to ask them questions.

d)

A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.

9.

What is Block?

a)

Contrary to the bull market, it indicates the direction of the market going for the downward trend.

b)

Refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.

c)

In the context of blockchain, block refers to the collection of transactional data

or information

d)

A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.

10.

What is Block confirmation?

a)

Contrary to the bull market, it indicates the direction of the market going for the downward trend.

b)

Refers to the number of confirmations a particular block has. Each block ahead of the referenced block adds one block confirmation to it.

c)

Refers to the collection of transactional data

or information

d)

Describes its decentralized, public ledger which containstransactional information

11.

What is Bots?

a)

Refers to software or programmes that automatically trade based on preset behaviours

b)

Refers to the number of confirmations a particular block has. Each block ahead of the referenced block adds one block confirmation to it.

c)

Refers to the collection of transactional data

or information

d)

Describes its decentralized, public ledger which containstransactional information

12.

What is Bullish?

a)

Refers to software or programmes that automatically trade based on preset behaviours

b)

A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.

c)

Refers to the collection of transactional data

or information

d)

Describes its decentralized, public ledger which containstransactional information

13.

What is Bull market?

a)

Refers to software or programmes that automatically trade based on preset behaviours

b)

A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.

c)

Indicates the direction of the market going in an upward trend.

d)

Describes its decentralized, public ledger which containstransactional information

14.

What is Burned token?

a)

Refers to software or programmes that automatically trade based on preset behaviours

b)

A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.

c)

Indicates the direction of the market going in an upward trend.

d)

Sent to addresses whose private key are not known, effectively becoming unusable

15.

What is centralized?

a)

An organization structure wherein a small handful of actors have control over the entire network.

b)

An approximation of the number of coins or tokens that are currently not locked and available for public transactions.

c)

Rented processing power rented from companies that host the physical equipment..

d)

Sent to addresses whose private key are not known, effectively becoming unusable

16.

What is circulating supply?

a)

An organization structure wherein a small handful of actors have control over the entire network.

b)

An approximation of the number of coins or tokens that are currently not locked and available for public transactions.

c)

Rented processing power rented from companies that host the physical equipment..

d)

Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)

17.

What is cloud mining?

a)

An organization structure wherein a small handful of actors have control over the entire network.

b)

An approximation of the number of coins or tokens that are currently not locked and available for public transactions.

c)

Rented processing power rented from companies that host the physical equipment..

d)

Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)

18.

What is cloud storage?

a)

An organization structure wherein a small handful of actors have control over the entire network.

b)

An approximation of the number of coins or tokens that are currently not locked and available for public transactions.

c)

Rented processing power rented from companies that host the physical equipment..

d)

Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)

19.

What is cold wallet?

a)

An organization structure wherein a small handful of actors have control over the entire network.

b)

An approximation of the number of coins or tokens that are currently not locked and available for public transactions.

c)

Offline and require physical access to certain devices (eg. hardware wallet, paper wallets)

d)

Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)

20.

What is cryptocurrency?

a)

A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting

b)

An approximation of the number of coins or tokens that are currently not locked and available for public transactions.

c)

Offline and require physical access to certain devices (eg. hardware wallet, paper wallets)

d)

Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)

21.

What is cryptography?

a)

A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting

b)

An approximation of the number of coins or tokens that are currently not locked and available for public transactions.

c)

Offline and require physical access to certain devices (eg. hardware wallet, paper wallets)

d)

A discipline or field of study which practices using cryptography to convert humanreadable information that can only be deciphered by individuals who have the knowledge to

22.

What is decentralized?

a)

A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting

b)

An approximation of the number of coins or tokens that are currently not locked and available for public transactions.

c)

A system where there are no centralized points of failure or organization with no central authority figure.

d)

A discipline or field of study which practices using cryptography to convert humanreadable information that can only be deciphered by individuals who have the knowledge to

23.

What is decentralized application(dApps)?

a)

A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting

b)

Applications that run on decentralized peer-to-peer networks such as Ethereum.

c)

A system where there are no centralized points of failure or organization with no central authority figure.

d)

A discipline or field of study which practices using cryptography to convert humanreadable information that can only be deciphered by individuals who have the knowledge to

24.

What is Decentralized Autonomous Organization (DAO)?

a)

A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting

b)

Applications that run on decentralized peer-to-peer networks such as Ethereum.

c)

Open source and decentralized systems that do not require centralized operators or controllers.

d)

A discipline or field of study which practices using cryptography to convert humanreadable information that can only be deciphered by individuals who have the knowledge to

25.

What is Decentralized Finance (DeFi)?

a)

A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting

b)

Applications that run on decentralized peer-to-peer networks such as Ethereum.

c)

Open source and decentralized systems that do not require centralized operators or controllers.

d)

Refers to the movement of building decentralized financial applications that have no central authority and is censorship free.

26.

What is decrypting?

a)

The process that was previously encrypted (made unreable) back to a readable form.

b)

Cryptotrading without Due Diligence and research - basically gambling

c)

A financial instrument which derives its value from the performance of an underlying asset or index (eg. gold, crude oil)

d)

A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset

27.

What is degan?

a)

The process of decrypting data that was previously encrypted (made unreable) back to a readable form.

b)

Cryptotrading without Due Diligence and research - basically gambling

c)

A financial instrument which derives its value from the performance of an underlying asset or index (eg. gold, crude oil)

d)

A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset

28.

What is derivatives?

a)

The process of decrypting data that was previously encrypted (made unreable) back to a readable form.

b)

Cryptotrading without Due Diligence and research - basically gambling

c)

A financial instrument which derives its value from the performance of an underlying asset or index (eg. gold, crude oil)

d)

A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset

29.

What is derivatives market?

a)

The process of decrypting data that was previously encrypted (made unreable) back to a readable form.

b)

Cryptotrading without Due Diligence and research - basically gambling

c)

A financial instrument which derives its value from the performance of an underlying asset or index (eg. gold, crude oil)

d)

A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset

30.

What is Do Your Own Research (DYOR)?

a)

The process of decrypting data that was previously encrypted (made unreable) back to a readable form.

b)

Cryptotrading without Due Diligence and research - basically gambling

c)

An advice for investors to do their own research on the coins they wanted to invest in

d)

A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset

31.

What is Dump?

a)

The process of decrypting data that was previously encrypted (made unreable) back to a readable form.

b)

Cryptotrading without Due Diligence and research - basically gambling

c)

An advice for investors to do their own research on the coins they wanted to invest in

d)

A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.

32.

What is Dutch auction?

a)

Known as an "inverted" auction, starts off with high asking price that decays overtime until a pre-determined floor price.

b)

Cryptotrading without Due Diligence and research - basically gambling

c)

An advice for investors to do their own research on the coins they wanted to invest in

d)

A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.

33.

What is Encryption?

a)

Widely used token standards in Ethereum to create fungible, exchangeable tokens.

b)

Process of encoding information the original form of information

c)

Token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes.

d)

Most widely used token standards in Ethereum to create nonfungible, exchangeable tokens.

34.

What is ERC-1155?

a)

Widely used token standards in Ethereum to create fungible, exchangeable tokens.

b)

Process of encoding information the original form of information

c)

Token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes.

d)

Most widely used token standards in Ethereum to create nonfungible, exchangeable tokens.

35.

What is ERC-20?

a)

Widely used token standards in Ethereum to create fungible, exchangeable tokens.

b)

Process of encoding information the original form of information

c)

Token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes.

d)

Most widely used token standards in Ethereum to create nonfungible, exchangeable tokens.

36.

What is ERC-721?

a)

Widely used token standards in Ethereum to create fungible, exchangeable tokens.

b)

Process of encoding information the original form of information

c)

Token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes.

d)

Most widely used token standards in Ethereum to create nonfungible, exchangeable tokens.

37.

What is Ethereum Name Service (ENS)?

a)

Widely used token standards in Ethereum to create fungible, exchangeable tokens.

b)

Look-up service that allows Ethereum users to find

websites or send and receive funds via simple names

c)

Token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes.

d)

Most widely used token standards in Ethereum to create nonfungible, exchangeable tokens.

38.

What is Ethereum Name Service (ENS)?

a)

Widely used token standards in Ethereum to create fungible, exchangeable tokens.

b)

Look-up service that allows Ethereum users to find

websites or send and receive funds via simple names

c)

Token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes.

d)

Most widely used token standards in Ethereum to create nonfungible, exchangeable tokens.

39.

What is Fear of mossing out(FOMO)?

a)

A strategy to dissuade people from buying a particular cryptocurrency by spreading false information

b)

Refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later. Generally an expression describing investors'fear of missing out the good timing of buying cryptocurrencies that could eventually be profitable

c)

To intercept a particularly large AMM buy order for the purpose of purchasing an reselling the assets back to the buyer before the order transaction is mind on the blockchain

d)

Cryptocurrencies are pegged to an underlying asset.

40.

What is Fear,uncertainity and Doubt (FUD)?

a)

A strategy to dissuade people from buying a particular cryptocurrency by spreading false information

b)

Refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later. Generally an expression describing investors'fear of missing out the good timing of buying cryptocurrencies that could eventually be profitable

c)

To intercept a particularly large AMM buy order for the purpose of purchasing an reselling the assets back to the buyer before the order transaction is mind on the blockchain

d)

Cryptocurrencies are pegged to an underlying asset.

41.

What is Fiat-Pegged cryptocurrency?

a)

A strategy to dissuade people from buying a particular cryptocurrency by spreading false information

b)

Refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later. Generally an expression describing investors'fear of missing out the good timing of buying cryptocurrencies that could eventually be profitable

c)

To intercept a particularly large AMM buy order for the purpose of purchasing an reselling the assets back to the buyer before the order transaction is mind on the blockchain

d)

Cryptocurrencies are pegged to an underlying asset.

42.

What is Frontrun?

a)

A strategy to dissuade people from buying a particular cryptocurrency by spreading false information

b)

Refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later. Generally an expression describing investors'fear of missing out the good timing of buying cryptocurrencies that could eventually be profitable

c)

To intercept a particularly large AMM buy order for the purpose of purchasing an reselling the assets back to the buyer before the order transaction is mind on the blockchain

d)

Cryptocurrencies are pegged to an underlying asset.

43.

What is Full nodes?

a)

A strategy to dissuade people from buying a particular cryptocurrency by spreading false information

b)

Refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later. Generally an expression describing investors'fear of missing out the good timing of buying cryptocurrencies that could eventually be profitable

c)

Computers that verify the set of rules that are built into the protocols of a given cryptocurrency

d)

Cryptocurrencies are pegged to an underlying asset.

44.

What is Gas Limit?

a)

A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.

b)

A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain

c)

A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain

d)

An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.

45.

What is Gas?

a)

A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.

b)

A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain

c)

A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain

d)

An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.

46.

What is Gas Price?

a)

A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.

b)

A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain

c)

A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain

d)

An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.

47.

What is Gwei?

a)

A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.

b)

A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain

c)

A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain

d)

The monetary domination of gas, involving Ether.

48.

What is Halving?

a)

It is a tool that store your cryptocurrencies and always connected to internet

b)

An output code (unique and alphanumeric) that we obtain from an input string,

c)

A crypto slang of saying holding the assets rather than selling it. A crypto slang encouraging investors to hold on to their assets rather than selling it

d)

Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.

49.

What is Hash?

a)

It is a tool that store your cryptocurrencies and always connected to internet

b)

An output code (unique and alphanumeric) that we obtain from an input string,

c)

A crypto slang of saying holding the assets rather than selling it. A crypto slang encouraging investors to hold on to their assets rather than selling it

d)

Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.

50.

What is HODL?

a)

It is a tool that store your cryptocurrencies and always connected to internet

b)

An output code (unique and alphanumeric) that we obtain from an input string,

c)

A crypto slang of saying holding the assets rather than selling it. A crypto slang encouraging investors to hold on to their assets rather than selling it

d)

Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.

51.

What is Hot Wallet?

a)

It is a tool that store your cryptocurrencies and always connected to internet

b)

An output code (unique and alphanumeric) that we obtain from an input string,

c)

A crypto slang of saying holding the assets rather than selling it. A crypto slang encouraging investors to hold on to their assets rather than selling it

d)

Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.

52.

What is Initial Coin Offering (ICO)?

a)

It is a tool that store your cryptocurrencies and always connected to internet

b)

An output code (unique and alphanumeric) that we obtain from an input string,

c)

Equivalent of Initial Public Offering (IPO), where a company/cryptocurrencyventure raises funds through crowd sales

d)

Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.

53.

What is Initial Public Offering (IPO)?

a)

It is a tool that store your cryptocurrencies and always connected to internet

b)

An output code (unique and alphanumeric) that we obtain from an input string,

c)

Refers to the process where a public company offers newly issued shares to the public and as a result raise capital from public investors

d)

Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.

54.

What is KYC (Know Your Customer)?

a)

It is a tool that store your cryptocurrencies and always connected to internet

b)

An output code (unique and alphanumeric) that we obtain from an input string,

c)

Refers to the process where a public company offers newly issued shares to the public and as a result raise capital from public investors

d)

A process for business entities are required to verify its clients and assessing them

55.

What is Ledger?

a)

A record of financial transactions that cannot be changed, only appended with new transactions

b)

An output code (unique and alphanumeric) that we obtain from an input string,

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached

56.

What is Leverage?

a)

A record of financial transactions that cannot be changed, only appended with new transactions

b)

How easily a cryptocurrency can be bought and sold without impacting the overall market price

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached

57.

What is Limit Order/ Limit Buy/ Limit Sell?

a)

A record of financial transactions that cannot be changed, only appended with new transactions

b)

How easily a cryptocurrency can be bought and sold without impacting the overall market price

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached

58.

What is Liquidity?

a)

A record of financial transactions that cannot be changed, only appended with new transactions

b)

How easily a cryptocurrency can be bought and sold without impacting the overall market price

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached

59.

What is Mainnet?

a)

A record of financial transactions that cannot be changed, only appended with new transactions

b)

It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached

60.

What is Margin Call?

a)

It takes place when investor's margin account falls below the required amount to stay afloat

b)

It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached

61.

What is Margin Trading?

a)

It takes place when investor's margin account falls below the required amount to stay afloat

b)

It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

It is a way of investing by borrowing money from a broker (or in crypto, an exchange or platform) to trade

62.

What is Market capitalization (market cap)?

a)

It takes place when investor's margin account falls below the required amount to stay afloat

b)

In Crypto, it is measured by multiplication of the circulating supply of tokens or currency and its current price

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

It is a way of investing by borrowing money from a broker (or in crypto, an exchange or platform) to trade

63.

What is Market Order/ Market Buy/ Market Sell?

a)

It is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.

b)

In Crypto, it is measured by multiplication of the circulating supply of tokens or currency and its current price

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

It is a way of investing by borrowing money from a broker (or in crypto, an exchange or platform) to trade

64.

What is Masternodes?

a)

It is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.

b)

In Crypto, it is measured by multiplication of the circulating supply of tokens or currency and its current price

c)

It is an investment strategy to gain potential return of the investment by borrowing the money

d)

Computers that are responsible for processing blockchain transactions and receive a reward when a block is minede

65.

What is Metaverse?

a)

It is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.

b)

In Crypto, it is measured by multiplication of the circulating supply of tokens or currency and its current price

c)

It is a virtual space where users are able to interact with each other in a computer generated environment

d)

Computers that are responsible for processing blockchain transactions and receive a reward when a block is minede

66.

What is Miners?

a)

It is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.

b)

Contributors to a blockchain taking part in the process of mining

c)

It is a virtual space where users are able to interact with each other in a computer generated environment

d)

Computers that are responsible for processing blockchain transactions and receive a reward when a block is minede

67.

What is Mining?

a)

It is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.

b)

Contributors to a blockchain taking part in the process of mining

c)

It is a virtual space where users are able to interact with each other in a computer generated environment

d)

It is the process of the miners verify and adding transaction recors into a block

68.

What is Mining Contract?

a)

It is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.

b)

Another term for cloud mining, where users can rent or invest in mining capacity online

c)

It is a virtual space where users are able to interact with each other in a computer generated environment

d)

It is the process of the miners verify and adding transaction recors into a block

69.

What is Mining Pool?

a)

Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks

b)

Another term for cloud mining, where users can rent or invest in mining capacity online

c)

It is a virtual space where users are able to interact with each other in a computer generated environment

d)

It is the process of the miners verify and adding transaction recors into a block

70.

What is Mining Reward?

a)

Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks

b)

Another term for cloud mining, where users can rent or invest in mining capacity online

c)

The reward resulting from contributing computing resources to process transactions

d)

It is the process of the miners verify and adding transaction recors into a block

71.

What is Moon?

a)

Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks

b)

Another term for cloud mining, where users can rent or invest in mining capacity online

c)

The reward resulting from contributing computing resources to process transactions

d)

A crypto slang that describes an exclamation when the cryptocurrencies

72.

What is Node?

a)

Within the blockchain network, they are computers that connect to the network and have an updated copy of the blockchain

b)

Another term for cloud mining, where users can rent or invest in mining capacity online

c)

The reward resulting from contributing computing resources to process transactions

d)

A crypto slang that describes an exclamation when the cryptocurrencies

73.

What is Non-custodial?

a)

Within the blockchain network, they are computers that connect to the network and have an updated copy of the blockchain

b)

It is a decentralized type-of-wallet, where the users owns its private keys.

c)

The reward resulting from contributing computing resources to process transactions

d)

A crypto slang that describes an exclamation when the cryptocurrencies

74.

What is Non-Fungible Tokens (NFT)?

a)

Within the blockchain network, they are computers that connect to the network and have an updated copy of the blockchain

b)

It is a decentralized type-of-wallet, where the users owns its private keys.

c)

The reward resulting from contributing computing resources to process transactions

d)

They are collectible elements within the Ethereum blockchain under ERC-721, where each token refers to a single element with a certain valuees

75.

What is offchain?

a)

Within the blockchain network, they are computers that connect to the network and have an updated copy of the blockchain

b)

It refers to transactions occuring outside the blockchain and executed instantly.

c)

The reward resulting from contributing computing resources to process transactions

d)

They are collectible elements within the Ethereum blockchain under ERC-721, where each token refers to a single element with a certain valuees

76.

What is Open Source?

a)

It is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose

b)

It refers to transactions occuring outside the blockchain and executed instantly.

c)

The reward resulting from contributing computing resources to process transactions

d)

They are collectible elements within the Ethereum blockchain under ERC-721, where each token refers to a single element with a certain valuees

77.

What is Order book?

a)

It is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose

b)

It refers to transactions occuring outside the blockchain and executed instantly.

c)

The reward resulting from contributing computing resources to process transactions

d)

An electronic list of all buy and sell orders in an exchange

78.

What is Over The Counter (OTC)?

a)

It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties

b)

It refers to transactions occuring outside the blockchain and executed instantly.

c)

The reward resulting from contributing computing resources to process transactions

d)

An electronic list of all buy and sell orders in an exchange

79.

What is peer to peer?

a)

It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties

b)

It refers to transactions occuring outside the blockchain and executed instantly.

c)

The reward resulting from contributing computing resources to process transactions

d)

A communication protocol that does not require a central hub

80.

What is portfolio?

a)

Consists all of your current crypto holdings in one place

b)

It refers to transactions occuring outside the blockchain and executed instantly.

c)

The reward resulting from contributing computing resources to process transactions

d)

A communication protocol that does not require a central hub

81.

What is Privacy keys?

a)

Consists all of your current crypto holdings in one place

b)

The alphanumeric string which allows transactions from the cryptocurrency address

c)

The reward resulting from contributing computing resources to process transactions

d)

A communication protocol that does not require a central hub

82.

What is Proof of Authority (PoA)?

a)

Consists all of your current crypto holdings in one place

b)

The alphanumeric string which allows transactions from the cryptocurrency address

c)

A consensus algorithm that asigns block validation queue based on identity and reputation

d)

A communication protocol that does not require a central hub

83.

What is Proof of Stake (PoS)?

a)

Consists all of your current crypto holdings in one place

b)

The alphanumeric string which allows transactions from the cryptocurrency address

c)

A consensus algorithm that asigns block validation queue based on identity and reputation

d)

A consensus algorthm that assigns block validation queue based on the coins/token locked in by the vatidator

84.

What is Protocol?

a)

The set of rules in a network in which participating members comply to allow proper communication.

b)

The alphanumeric string which allows transactions from the cryptocurrency address

c)

A consensus algorithm that asigns block validation queue based on identity and reputation

d)

A consensus algorthm that assigns block validation queue based on the coins/token locked in by the vatidator

85.

What is Public keys?

a)

The alphanumeric string which serves as a public receiving address in cryptocurrencies

b)

An open sourced blockchain where participation is public and permissionless

c)

A consensus algorithm that asigns block validation queue based on identity and reputation

d)

A consensus algorthm that assigns block validation queue based on the coins/token locked in by the vatidator

86.

What is Public Blockchain?

a)

The set of rules in a network in which participating members comply to allow proper communication.

b)

An open sourced blockchain where participation is public and permissionless

c)

A consensus algorithm that asigns block validation queue based on identity and reputation

d)

A consensus algorthm that assigns block validation queue based on the coins/token locked in by the vatidator

87.

What is Pump and Dump Scheme?

a)

The alphanumeric string which serves as a public receiving address in cryptocurrencies.

b)

An open sourced blockchain where participation is public and permissionless

c)

A market manipulation method to drive up the price of an asset before profiting by driving it back down.

d)

A consensus algorthm that assigns block validation queue based on the coins/token locked in by the vatidator

88.

What is QR Code ?

a)

The alphanumeric string which serves as a public receiving address in cryptocurrencies.

b)

An open sourced blockchain where participation is public and permissionless

c)

Abbreviation "Ouick Response Code", OR code is a machine readable optical label that stores upto 3Kb of data.

d)

A consensus algorthm that assigns block validation queue based on the coins/token locked in by the vatidator

89.

What is REKT?

a)

The alphanumeric string which serves as a public receiving address in cryptocurrencies.

b)

An open sourced blockchain where participation is public and permissionless

c)

Abbreviation "Ouick Response Code", OR code is a machine readable optical label that stores upto 3Kb of data.

d)

A shorthand slang for “wrecked”, typically describes bad trades that results in losses

90.

What is Reddit r/Cyrptocurrency moon?

a)

The alphanumeric string which serves as a public receiving address in cryptocurrencies.

b)

An open sourced blockchain where participation is public and permissionless

c)

A new way for people to be rewarded for their contributions to r/CryptoCurrency

d)

A shorthand slang for “wrecked”, typically describes bad trades that results in losses

91.

What is ROI?

a)

Short for"Return on Investment”, the ratio between the net profit and cost of investing

b)

An open sourced blockchain where participation is public and permissionless

c)

A new way for people to be rewarded for their contributions to r/CryptoCurrency

d)

A shorthand slang for “wrecked”, typically describes bad trades that results in losses

92.

What is Rugpull?

a)

Short for"Return on Investment”, the ratio between the net profit and cost of investing

b)

Sudden removal of liquidity which typically leads to asset prices crashing from the lack of liquidity to absorb buy/sells.

c)

A new way for people to be rewarded for their contributions to r/CryptoCurrency

d)

A shorthand slang for “wrecked”, typically describes bad trades that results in losses

93.

What is Satoshi?

a)

A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.

b)

Sudden removal of liquidity which typically leads to asset prices crashing from the lack of liquidity to absorb buy/sells.

c)

A new way for people to be rewarded for their contributions to r/CryptoCurrency

d)

A shorthand slang for “wrecked”, typically describes bad trades that results in losses

94.

What is Seed?

a)

A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.

b)

A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words

c)

A new way for people to be rewarded for their contributions to r/CryptoCurrency

d)

A shorthand slang for “wrecked”, typically describes bad trades that results in losses

95.

What is Shilling?

a)

A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.

b)

A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words

c)

A new way for people to be rewarded for their contributions to r/CryptoCurrency

d)

One who poses as a enthsiastic customer to swindle others as a form of covert advertising.

96.

What is Smart contract?

a)

A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.

b)

A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words

c)

Self executing contracts on the blockchain without needing human executors or notary

d)

One who poses as a enthsiastic customer to swindle others as a form of covert advertising.

97.

What is Stablecoin?

a)

A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.

b)

A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words

c)

Self executing contracts on the blockchain without needing human executors or notary

d)

Cryptocurrency with a price peg to fiat currencies or commodity.

98.

What is Staking?

a)

The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network

b)

A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words

c)

Self executing contracts on the blockchain without needing human executors or notary

d)

Cryptocurrency with a price peg to fiat currencies or commodity.

99.

What is Stop-loss Order?

a)

The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network

b)

Conditional market order to sell at the next available price, excuted if the price of an asset falls below set-upon limit

c)

Self executing contracts on the blockchain without needing human executors or notary

d)

Cryptocurrency with a price peg to fiat currencies or commodity.

100.

What is Token?

a)

The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network

b)

Conditional market order to sell at the next available price, excuted if the price of an asset falls below set-upon limit

c)

Self executing contracts on the blockchain without needing human executors or notary

d)

Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network

101.

What is Token Burn?

a)

The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network

b)

An event in which tokens are verifiably removed permanently removed from circulation

c)

Self executing contracts on the blockchain without needing human executors or notary

d)

Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network

102.

What is Total supply?

a)

All the tokens and coins that will exist in a cryptocurrency network

b)

An event in which tokens are verifiably removed permanently removed from circulation

c)

Self executing contracts on the blockchain without needing human executors or notary

d)

Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network

103.

What is Total value locked?

a)

All the tokens and coins that will exist in a cryptocurrency network

b)

An event in which tokens are verifiably removed permanently removed from circulation

c)

Self executing contracts on the blockchain without needing human executors or notary

d)

Represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.

104.

What is Trading volume?

a)

All the tokens and coins that will exist in a cryptocurrency network

b)

The amount of the cryptocurrency that has been traded in the last 24 hours

c)

Self executing contracts on the blockchain without needing human executors or notary

d)

Represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.

105.

What is Transaction Fee?

a)

All the tokens and coins that will exist in a cryptocurrency network

b)

The amount of the cryptocurrency that has been traded in the last 24 hours

c)

A payment to the network for performing a transaction to be recorded on the blockchain

d)

Represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.

106.

What is Wallet?

a)

All the tokens and coins that will exist in a cryptocurrency network

b)

Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies

c)

A payment to the network for performing a transaction to be recorded on the blockchain

d)

Represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.

107.

What is Wallet Address?

a)

All the tokens and coins that will exist in a cryptocurrency network

b)

Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies

c)

A payment to the network for performing a transaction to be recorded on the blockchain

d)

The address in which cryptocurrency can be stored, sent to and receive.

108.

What is Watch list?

a)

All the tokens and coins that will exist in a cryptocurrency network

b)

Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies

c)

A personally defined list of values to watch aver for activity or changes

d)

The address in which cryptocurrency can be stored, sent to and receive.

109.

What is Web3 Wallet?

a)

The software that allows you to interact with web 3.O

b)

Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies

c)

A personally defined list of values to watch aver for activity or changes

d)

The address in which cryptocurrency can be stored, sent to and receive.

110.

What is Whale?

a)

The software that allows you to interact with web 3.O

b)

Someone who holds an enormous amount of cryptocurrency and has the ability to wave the market

c)

A personally defined list of values to watch aver for activity or changes

d)

The address in which cryptocurrency can be stored, sent to and receive.

111.

What is When lambo?

a)

The software that allows you to interact with web 3.O

b)

Someone who holds an enormous amount of cryptocurrency and has the ability to wave the market

c)

A personally defined list of values to watch aver for activity or changes

d)

An expression used by investors to ask when the value of their investment could buy them a Lamborghini

112.

What is Whitelist?

a)

List of approved participants that will be given access to a token sale(ICO, IEO , STO , etc)

b)

Someone who holds an enormous amount of cryptocurrency and has the ability to wave the market

c)

A personally defined list of values to watch aver for activity or changes

d)

An expression used by investors to ask when the value of their investment could buy them a Lamborghini

113.

What is Yield Farming?

a)

List of approved participants that will be given access to a token sale(ICO, IEO , STO , etc)

b)

An introductory paper to concisely explain an issue and a possible solution on the issue

c)

Involves putting cryptocurrency into a DeFi protocol to collect interest on trading fees.

d)

An expression used by investors to ask when the value of their investment could buy them a Lamborghini

114.

What is Whitepaper?

a)

List of approved participants that will be given access to a token sale(ICO, IEO , STO , etc)

b)

An introductory paper to concisely explain an issue and a possible solution on the issue

c)

A personally defined list of values to watch aver for activity or changes

d)

An expression used by investors to ask when the value of their investment could buy them a Lamborghini

115.

What is Blockchain?

a)

Contrary to the bull market, it indicates the direction of the market going for the downward trend.

b)

Refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.

c)

In Bitcoin's case, blockchain describes its decentralized, public ledger which containstransactional information.

d)

A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.