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Quiz answers on basic Bitcoin concepts
This quiz and reward are only valid for new users.
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✔️Answers (11/11)
1. Who is Satoshi Nakamoto?
Answer: C) The pseudonymous creator of Bitcoin
2. What is the maximum supply of Bitcoin?
Answer: A) 21 million units
3. What is a key feature of the Bitcoin blockchain?
Answer: A) Immutability
4. What does each block in the Bitcoin blockchain contain?
Answer: B) A list of recent transactions and a link to the previous block
5. What is true about Bitcoin?
Answer: D) All alternatives are correct
(Decentralized, peer-to-peer, limited supply)
6. In what year was Bitcoin created?
Answer: A) 2008
7. What happens during a Bitcoin halving event?
Answer: A) It reduces the block reward for miners.
8. What is Bitcoin mining?
Answer: C) The process of verifying and adding new transactions to the blockchain.
9. Who published the Bitcoin whitepaper?
Answer: B) Satoshi Nakamoto
10. What system do Bitcoin miners use to validate transactions?
Answer: C) Proof of work
11. What is the name of the first Bitcoin block?
Answer: D) Genesis Block
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