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Bitcoin Basics Quiz

Created by

@LovingGoshenite

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Questions and Answers

What technology does Bitcoin operate on?

Blockchain (correct)

Cloud Computing

Artificial Intelligence

Quantum Computing

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?

Decentralization (correct)

Government regulation

Centralized control

Bank involvement

Who is the creator of Bitcoin?

<p>Satoshi Nakamoto</p> Signup and view all the answers

What type of network does Bitcoin operate on?

<p>Peer-to-peer network</p> Signup and view all the answers

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