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Author: Admin | 2025-04-28
Is credited with publishing the Bitcoin whitepaper titled `Bitcoin: A Peer-to-Peer Electronic Cash System` in 2008? Vitalik Buterin Satoshi Nakamoto Hal Finney Charlie Lee 10. What is the term used to describe the process of obscuring the source or ownership of a Bitcoin transaction? Tracking Tracing Mixing Linking 11. What is the process through which transactions are verified on the Bitcoin network and added to the public ledger known as the blockchain? Staking Mining Minting Forging [ux_banner height=”100px” bg=”183″ class=”ad-placeholder” visibility=”hide-for-medium”][/ux_banner][ux_banner height=”100px” height__sm=”250px” bg=”658″ class=”ad-placeholder” visibility=”show-for-medium”][/ux_banner] 12. What is the term used for the unique code assigned to each Bitcoin transaction for identification purposes on the blockchain? Digital Signature Transaction Key Blockchain Code Transaction ID 13. Which cryptocurrency exchange is known for launching the first Bitcoin futures trading platform? CME Group Coinbase Binance Kraken 14. What is the term for the process of combining multiple Bitcoin payments into a single transaction to reduce network fees? CoinJoin SplitMerge MergeSend GroupPay [ux_banner height=”100px” bg=”183″ class=”ad-placeholder” visibility=”hide-for-medium”][/ux_banner][ux_banner height=”100px” height__sm=”250px” bg=”658″ class=”ad-placeholder” visibility=”show-for-medium”][/ux_banner] 15. Which country has the highest estimated electricity consumption for Bitcoin mining? China Russia Canada United States 16. What is the popular nickname for the reward halving event that occurs in the Bitcoin network approximately every four years? Halveffect Doubletime Halvening BlockReward 17. What is the term used to describe a situation where a Bitcoin owner`s public address is associated with their identity? Identity Link Wallet Exposure Address Reveal Coin Trace [ux_banner height=”100px” bg=”183″ class=”ad-placeholder” visibility=”hide-for-medium”][/ux_banner][ux_banner height=”100px” height__sm=”250px” bg=”658″ class=”ad-placeholder” visibility=”show-for-medium”][/ux_banner] 18. Which programming language is commonly used for developing smart contracts on the Bitcoin blockchain? C++ Solidity Python Java 19. What is the term used for transferring Bitcoin off-chain to reduce congestion on the main blockchain network? Raiden Network Plasma Network Lightning Network Sidechain 20. Which cryptographic algorithm is used to secure the Bitcoin blockchain and create unique digital signatures for transactions? AES SHA-256 RSA MD5 [ux_banner height=”100px” bg=”183″ class=”ad-placeholder” visibility=”hide-for-medium”][/ux_banner][ux_banner height=”100px” height__sm=”250px” bg=”658″ class=”ad-placeholder” visibility=”show-for-medium”][/ux_banner] 21. What is the process of confirming Bitcoin transactions and adding them to the public ledger known as the blockchain called? Minting Crafting Mining Printing 22. Which term describes the division of Bitcoin into two separate currencies on the blockchain? Divide Split Fork Slice 23. Who is credited with creating Bitcoin (BTC) by publishing the Bitcoin whitepaper in 2008? Satoshi Nakamoto Gavin Andresen Vitalik Buterin Charlie Lee [ux_banner height=”100px” bg=”183″ class=”ad-placeholder” visibility=”hide-for-medium”][/ux_banner][ux_banner height=”100px” height__sm=”250px”
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