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Questions and Answers
What is the maximum amount of Bitcoin that can be mined?
What is the maximum amount of Bitcoin that can be mined?
- 21 million (correct)
- 11 million
- 31 million
- 41 million
What is the difference between a centralised exchange and a decentralised exchange?
What is the difference between a centralised exchange and a decentralised exchange?
- Centralised exchanges are managed by a third party while decentralised exchanges are managed by the users
- Centralised exchanges are managed by the users while decentralised exchanges are managed by a third party (correct)
- Centralised exchanges are more secure while decentralised exchanges are less secure
- Centralised exchanges are more expensive while decentralised exchanges are less expensive
What is the main purpose of NFT wallets?
What is the main purpose of NFT wallets?
- To store cryptocurrency
- To store tokens
- To store non-fungible tokens (correct)
- To store gaming assets
