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All About Crypto

2.8
(61 votes)
10 questions
English
1

What was the first decentralized cryptocurrency?

Bitcoin

Dogecoin

Ethereum

Tether

77% got this right

Bitcoin was the first decentralized cryptocurrency.
2

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

2009

1999

2003

2013

41% got this right

Bitcoin was created by Satoshi Nakamoto in January 2009.
3

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

El Salvador

China

Cuba

USA

38% got this right

El Salvador declared Bitcoin as legal currency in June 2021. Cuba followed in August 2021.
4

As of mid-2022, how many cryptocurrencies exist?

20,000

1,000

100,000

50,000

Hard  24% got this right

According to CoinMarketCap, there are 21,123 types of cryptocurrencies in September 2022.
5

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

Satoshi

Bit.ly

Bitlet

Finney

Hard  29% got this right

A Satoshi is the smallest denomination of Bitcoin, equivalent to 100 millionth of a Bitcoin.
6

Which is NOT a popular gaming cryptocurrency?

GAME

AXS

GALA

SAND

38% got this right

7

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

Blockchain

Bitbook

Cryptowallet

Gwei

62% got this right

8

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

Fiat

Ford

Hyundai

Volvo

48% got this right

9

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

10,000

.0001

1

100

49% got this right

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

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

21 million

1 billion

150 million

No limit

43% got this right