All About Crypto

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2 months ago

#1  Buttons  20 seconds  65% correct rate

What was the first decentralized cryptocurrency?

Bitcoin

Ethereum

Tether

Dogecoin

Bitcoin was the first decentralized cryptocurrency.

#2  Buttons  20 seconds  31% correct rate  

What year was Bitcoin first released as open-source software?

2009

1999

2013

2003

Bitcoin was created by Satoshi Nakamoto in January 2009.

#3  Buttons  20 seconds  21% correct rate  

What was the first country to accept Bitcoin as legal tender?

El Salvador

USA

Cuba

China

El Salvador declared Bitcoin as legal currency in June 2021. Cuba followed in August 2021.

#4  Buttons  20 seconds  24% correct rate  

As of mid-2022, how many cryptocurrencies exist?

20,000

50,000

1,000

100,000

According to CoinMarketCap, there are 21,123 types of cryptocurrencies in September 2022.

#5  Buttons  20 seconds  20% correct rate  

What is the term for the smallest denomination of Bitcoin that can be sold?

Satoshi

Bitlet

Finney

Bit.ly

A Satoshi is the smallest denomination of Bitcoin, equivalent to 100 millionth of a Bitcoin.

#6  Buttons  20 seconds  18% correct rate  

Which is NOT a popular gaming cryptocurrency?

GAME

SAND

GALA

AXS

#7  Buttons  20 seconds  52% correct rate

What is the name of the ledger of transactions that validates the transfer of cryptocurrency?

Blockchain

Cryptowallet

Bitbook

Gwei

#8  Buttons  20 seconds  31% correct rate  

What is the name for types of money within the traditional financial ecosystem?

Fiat

Hyundai

Volvo

Ford

#9  Buttons  20 seconds  29% correct rate  

In 2010, Laszlo Hanyecz paid for 2 Papa John's pizzas with Bitcoin. How many Bitcoin did he spend?

10,000

.0001

1

100

Worth around $40 at the time, 10,000 Bitcoin are worth almost $200 million in 2022.

#10  Buttons  20 seconds  7% correct rate  

What is the maximum amount of Bitcoin that can ever be mined?

21 million

No limit

150 million

1 billion

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