Questions and Answers
What is Bitcoin used for?
To replace traditional money
What is the Proof of Stake (PoS) system?
A more modern approach to earning coins
What is the Paradoxical Appeal of crypto coins?
Anonymity
What is the blockchain used for?
Signup and view all the answers
What is the Proof of Work (PoW) system?
Signup and view all the answers
What are some major corporations that accept crypto coins?
Signup and view all the answers
What is the official currency of El Salvador?
Signup and view all the answers
What is the purpose of encryption?
Signup and view all the answers
What is the difference between a coin and a token?
Signup and view all the answers
What is the main disadvantage of the Proof of Work (PoW) system?
Signup and view all the answers
