10 Questions
What is Bitcoin?
A digital or virtual currency secured by cryptography
What is a Private Key?
A key used to sign transactions and known only to the owner
What is Ethereum known for?
Enabling smart contracts and DApps without interference
What does Mining involve in the context of blockchain?
Validating transactions and adding them to the blockchain
What is Proof of Work (PoW)?
A consensus mechanism where miners compete to validate transactions
What is Proof of Stake (PoS)?
A consensus mechanism based on the amount of cryptocurrency validators hold
What is the purpose of an ICO (Initial Coin Offering)?
To raise capital by selling tokens to investors for a new project
What does the term 'HODL' refer to in the cryptocurrency community?
Encouragement to hold onto investments despite market fluctuations
What is Market Capitalization of a cryptocurrency?
The total value of all circulating coins of a cryptocurrency
What is FUD in the context of cryptocurrencies?
Negative sentiment or misinformation spread to create fear and uncertainty in the market
Test your knowledge on blockchain, Bitcoin, altcoins, wallets, cryptocurrency, and Ethereum with this quiz. Learn about decentralized ledgers, digital currencies, and secure transactions.
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