Incredible Crypto Quiz Answers Be Quizzed

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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