LAST UPDATED ON 13/5/2021

1. What Was Bitcoin’s Record High Price?

• 68,350
• 63,729
• 71,882
• 60,113

Answer: 63,729

2. How Much Ether Did A Hacker Steal In 2016?

• $25 Million
• $40 Million
• $50 Million
• $65 Million

Answer: $50 Million

3. What Is Bitcoin’s Cap Limit?

Answer: 21 Million

4. What Was The Earliest Iteration Of Cryptocurrencies?

• Bitcoin
• Litecoin
• Hashcash
• Digicash

Answer: Digicash

5. Which Of These Is Not A Quality Of A Blockchain?

• Structures Its Data Into Tables
• Data Is Chained Together
• Decentralized
• Viewed Transparently

Answer: Structures Its Data Into Tables

6. How Many Coins Can Litecoin Accommodate Up To?

• 64 Million
• 21 Million
• 84 Million
• 54 Million

Answer: 84 Million

7. What Blockchain Are Most Nfts A Part Of?

Answer: Ethereum

8. Which Of These Most Closely Lines Up With The Meaning Of Mining Bitcoin?

• Using Your Computer To Verify The Legitimacy Of Bitcoin Transactions.
• Using Your Computer To Discover Hidden Bitcoin In The Blockchain.
• Using Your Computer To Dig Up Blocks Of Bitcoin.
• Using Your Computer To Create New Bitcoin Tokens, Which Are Added To The Blockchain.

Answer: Using Your Computer To Verify The Legitimacy Of Bitcoin Transactions.

9. What Is The Block Reward For Dogecoin As Of May 11, 2021?

• 10,000
• 15,000
• 8,500
• 2500

Answer: 10,000

10. Ethereum Founder Charles Hoskinson Also Founded This Cryptocurrency:

• Cardano
• Stellar
• Chainlink
• Binance Coin

Answer: Cardano

11. Where Do Bitcoin Transaction Fees Go?

• Satoshi Nakamoto
• Back Into The Blockchain
• To The Bitcoin Miner
• Used To Create More Tokens

Answer: To The Bitcoin Miner

12. Which Of These Has The Highest Cap Limit?

• Dogecoin
• Ethereum
• Stellar Xlm
• Binance Coin

Answer: Dogecoin

13. Which Of These Is Not A Major Concern With Ethereum?

• Electrical Construction Of The Blockchain
• Energy Consumption From Miners
• Environmental Impact From The Blockchain
• Gas Emissions Caused By Transactions

Answer: Electrical Construction Of The Blockchain

14. What Was The First Bitcoin Transaction Used For?

• Restaurant Tip
• A Car
• Rent
• Pizza

Answer: Pizza

15. In 2009 How Much Would One Block Earn A Miner?

• 200 Btc
• 50 Btc
• 12.5 Btc
• 25 Btc

Answer: 50 Btc

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