Cryptocurrency Basics

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Question 1

Under what pseudonym was the original Bitcoin whitepaper published in October 2008?

Question 2

What consensus mechanism did Bitcoin introduce to prevent double-spending without a central authority?

Question 3

What is the hard-coded maximum supply limit of Bitcoins that will ever be mined?

Question 4

What programming language was created specifically by Gavin Wood and Ethereum contributors to write smart contracts?

Question 5

In what historic network upgrade did Ethereum transition from Proof-of-Work to Proof-of-Stake in September 2022?

Question 6

What is the cryptographic data structure called that allows efficient and secure verification of contents in large sets of data across blockchains?

Question 7

What was the very first commercial real-world physical purchase made with Bitcoin in May 2010?

Question 8

What does the acronym 'UTXO' stand for in Bitcoin's accounting architecture?

Question 9

What cryptographic curve standard does Bitcoin use for its public key cryptography and digital signatures?

Question 10

Which early decentralized digital currency proposal, created by Wei Dai in 1998, directly inspired Satoshi Nakamoto?

Under what pseudonym was the original Bitcoin whitepaper published in October 2008?