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Questions and Answers
What technology does Bitcoin operate on?
What technology does Bitcoin operate on?
- Blockchain (correct)
- Cloud Computing
- Artificial Intelligence
- Quantum Computing
How are new bitcoins created?
How are new bitcoins created?
- By solving complex scientific equations
- Through a process called mining (correct)
- By exchanging other cryptocurrencies
- By purchasing them from the government
What enhances security in the decentralized structure of Bitcoin?
What enhances security in the decentralized structure of Bitcoin?
- Decentralization (correct)
- Government regulation
- Centralized control
- Bank involvement
Who is the creator of Bitcoin?
Who is the creator of Bitcoin?
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What type of network does Bitcoin operate on?
What type of network does Bitcoin operate on?
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