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Medium
March 15th
Questions
What term describes the process of bundling Bitcoin transactions into a block for inclusion in the blockchain?
Which key component of Bitcoin ensures that transactions are irreversible once confirmed?
What is the term for the fee paid to miners to include a transaction in the Bitcoin blockchain?
Which term refers to the process by which Bitcoin's network reaches an agreement on the validity of transactions?
What is the term for the unique identifier assigned to each Bitcoin transaction?
Medium
March 15th
Questions
What does the term 'cold storage' refer to in the context of Bitcoin?
Which term describes the process of dividing a Bitcoin transaction into multiple smaller transactions?
What is the primary purpose of a Bitcoin node in the network?
Which piece of information is required to receive Bitcoin in a transaction?
What is the term for the time it typically takes to add a new block to the Bitcoin blockchain?
Medium
March 15th
Questions
What term describes the process of verifying Bitcoin transactions without relying on intermediaries?
Which type of network structure does Bitcoin use to operate without a central authority?
What is the name of the mathematical puzzle miners solve to add a new block to the Bitcoin blockchain?
What is the main purpose of Bitcoin's difficulty adjustment algorithm?
What type of key is used in Bitcoin to sign transactions, proving ownership and allowing funds to be spent?
Medium
March 15th
Questions
Which year marked the release of the Bitcoin whitepaper?
What does the term 'halving' refer to in the Bitcoin ecosystem?
What is the primary cryptographic algorithm used by Bitcoin for securing its transactions?
What is the name of the first block ever mined in the Bitcoin blockchain?
What is the term used for the digital wallet's private key that allows access to a Bitcoin wallet?
Medium
March 14th
Questions
What was the pseudonym used by the creator of Bitcoin?
What is the maximum number of bitcoins that can ever exist?
Which technology underpins Bitcoin and ensures its security and decentralization?
What is the process called where new bitcoins are created and transactions are added to the blockchain?
What is the smallest unit of Bitcoin called, representing one hundred millionth of a bitcoin?
