Cryptocurrency Trivia

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Hard

May 14th
Questions
  • What is the term for the process of concealing the origin of funds obtained through illegal means by making the funds appear to be obtained from legitimate sources in the context of cryptocurrencies?
  • In the realm of cryptocurrencies, what does the acronym 'KYC' stand for, related to verifying the identity of users for compliance purposes?
  • Which term refers to the process of artificially inflating the price of a cryptocurrency through misleading statements or false information to attract buyers and drive up the value?
  • What is the name of the concept that involves creating a copy of a blockchain at a specific point in time and diverging from the original blockchain to follow its own path, often resulting in a new cryptocurrency?
  • Which term refers to the process of validating and recording transactions on a blockchain by multiple participants, often referred to as 'nodes,' to achieve consensus without relying on a central authority?

Hard

May 13th
Questions
  • What is the term for the process of combining multiple transactions into a single transaction to improve network efficiency and reduce blockchain congestion in the world of cryptocurrencies?
  • In the context of cryptocurrencies, what does the acronym 'AML' stand for?
  • Which cryptographic technique is commonly used to ensure the secure and private transfer of digital assets in blockchain transactions?
  • What is the term for the process of verifying and adding new transactions to the blockchain using a small amount of computational power?
  • Which term refers to the practice of holding cryptocurrencies for an extended period, regardless of market fluctuations, with the belief that their value will increase over time?

Hard

May 11th
Questions
  • Which cryptocurrency, known for its focus on privacy and untraceable transactions, uses a privacy protocol called 'CryptoNote' and a consensus mechanism known as 'Proof of Work' with a focus on CPU mining?
  • Which cryptocurrency, launched in 2016, aims to provide scalable and decentralized solutions through its Directed Acyclic Graph (DAG) technology, allowing for fast and feeless transactions?
  • In the realm of cryptocurrencies, what is the name of the consensus algorithm used by Ripple to achieve network consensus and validate transactions?
  • Which cryptocurrency, launched in 2015, is designed to provide a secure and private platform for digital transactions through its use of the Tangle technology?
  • What is the name of the consensus algorithm used by Ethereum that aims to transition from Proof of Work (PoW) to a more energy-efficient and scalable model?

Hard

May 11th
Questions
  • Which cryptocurrency, founded in 2018, is known for its focus on providing a decentralized platform for smart contracts and decentralized applications (DApps) using a native token called ADA?
  • What is the name of the consensus algorithm used by Monero that focuses on privacy and untraceable transactions by obfuscating sender and receiver addresses?
  • Which cryptocurrency, founded in 2013, aims to provide enhanced privacy features through the use of 'Ring Signatures' and 'RingCT' technology, ensuring untraceable transactions?
  • In the world of cryptocurrencies, what is the term for the process of combining multiple transactions into a single transaction to improve network efficiency and reduce blockchain congestion?
  • Which cryptocurrency, launched in 2014, focuses on providing a secure and private platform for digital transactions through its use of 'Ring Signatures' and 'Confidential Transactions'?

Hard

May 11th
Questions
  • Which cryptocurrency, founded in 2017, focuses on providing privacy-centric features like 'RingCT,' 'Stealth Addresses,' and 'Bulletproofs'?
  • In the world of cryptocurrencies, what is the term for the process of verifying and adding new transactions to the blockchain using a small amount of computational power?
  • Which cryptocurrency, founded in 2014, is designed to offer enhanced privacy and security through zero-knowledge proofs known as zk-SNARKs and transactions using shielded addresses?
  • What is the name of the consensus algorithm used by Bitcoin that involves miners solving complex mathematical puzzles to validate transactions and create new blocks on the blockchain?
  • Which cryptocurrency, launched in 2016, aims to provide scalable and decentralized solutions through its Directed Acyclic Graph (DAG) technology, allowing for fast and feeless transactions?

Hard

May 10th
Questions
  • What is the term for the process by which a cryptocurrency project raises funds by selling a new digital asset to early investors before its launch?
  • Which cryptocurrency, created as a 'stablecoin,' is pegged to the value of a fiat currency like the US Dollar to minimize price volatility?
  • In the world of cryptocurrencies, what is the name of the consensus algorithm that aims to achieve both decentralization and scalability by allowing anyone to become a validator through holding the native cryptocurrency and being randomly chosen to create new blocks?
  • Which cryptocurrency, known for its focus on privacy and untraceable transactions, uses a privacy protocol called 'CryptoNote' and a consensus mechanism known as 'Proof of Work' with a focus on CPU mining?
  • What is the term for a digital wallet that allows users to store, send, and receive multiple cryptocurrencies in a single interface or application?

Hard

May 4th
Questions
  • Which cryptocurrency, introduced in 2014, focuses on privacy and anonymity features through the use of 'zk-SNARKs' and 'shielded transactions'?
  • In the realm of cryptocurrencies, what is the name of the consensus algorithm used by EOS to achieve network consensus and validate transactions?
  • Which cryptocurrency, founded in 2014, aims to provide a decentralized platform for creating and executing smart contracts and decentralized applications (DApps) through its native token, GAS?
  • What is the name of the blockchain platform that introduced the concept of 'delegated Byzantine Fault Tolerance' (dBFT) as its consensus mechanism?
  • Which cryptocurrency, launched in 2015, is designed to provide a secure and private platform for digital transactions through its use of the Tangle technology?

Hard

May 1st
Questions
  • Which cryptocurrency platform, launched in 2015, uses the 'Solidity' programming language for creating smart contracts and decentralized applications (DApps)?
  • What is the name of the cryptocurrency, launched in 2012, that focuses on providing privacy and anonymity through the use of 'Ring Signatures' and 'RingCT' technology?
  • Which cryptocurrency, founded in 2012, aims to offer improved scalability and faster transactions through the use of 'block lattice' architecture instead of a traditional blockchain?
  • In the realm of cryptocurrencies, what is the name of the consensus algorithm used by Stellar (XLM) to validate transactions and achieve network consensus?
  • Which cryptocurrency, introduced in 2017, focuses on providing a privacy-centric blockchain platform with features like 'RingCT,' 'Stealth Addresses,' and 'Bulletproofs'?

Hard

April 26th
Questions
  • Which cryptocurrency, founded in 2011, was created as a 'joke' and features a Shiba Inu dog as its logo?
  • What is the name of the first cryptocurrency to implement the concept of 'delegated proof of stake' (DPoS) for achieving consensus on its network?
  • Which cryptocurrency, launched in 2013, was one of the earliest altcoins and introduced the 'Scrypt' algorithm to enable mining with consumer-grade hardware?
  • What is the name of the blockchain platform that introduced the concept of 'delegated Byzantine Fault Tolerance' (dBFT) as its consensus mechanism?
  • Which cryptocurrency, founded in 2013, was created based on a meme featuring a Shiba Inu dog and gained popularity in the crypto community?

Hard

April 25th
Questions
  • Which cryptocurrency, launched in 2017, is known for its focus on enabling private and untraceable transactions through technologies like RingCT and Stealth Addresses?
  • Which cryptocurrency, founded in 2014, is designed to offer enhanced privacy and security features through zero-knowledge proofs known as zk-SNARKs and transactions using shielded addresses?
  • Which cryptocurrency, launched in 2014, focuses on providing a decentralized platform for creating and executing smart contracts and decentralized applications (DApps) through its native token, GAS?
  • Which cryptocurrency, introduced in 2017, aims to provide privacy and anonymity features through the use of zk-SNARKs and zero-knowledge proofs, allowing for confidential transactions?
  • Which cryptocurrency, launched in 2015, is designed to provide a secure and private platform for digital transactions through its use of the Tangle technology, which eliminates the need for traditional blockchain architecture?

Hard

April 24th
Questions
  • Which cryptocurrency, introduced in 2014, is designed to provide privacy and anonymity features through technologies like Stealth Addresses and Ring Signatures?
  • What is the name of the first cryptocurrency to implement the Proof-of-Capacity consensus algorithm, which allows miners to use storage space for mining instead of computational power?
  • Which cryptocurrency, launched in 2016, aims to provide scalable and decentralized solutions through its Directed Acyclic Graph (DAG) technology, allowing for fast and feeless transactions?
  • What is the name of the blockchain platform launched in 2015 that focuses on supporting decentralized applications (DApps) and smart contracts through its native cryptocurrency Ether?
  • Which cryptocurrency, created in 2017, aims to provide privacy and anonymity features through technologies like zk-SNARKs and Shielded Transactions, ensuring transaction confidentiality?

Hard

April 9th
Questions
  • Which cryptocurrency, known as the 'Chinese Ethereum,' is a blockchain platform that enables smart contracts and decentralized applications (DApps)?
  • What is the term for the process of distributing new tokens to existing holders based on their current holdings, often used by blockchain projects to encourage holding and decrease selling pressure?
  • Which cryptocurrency, launched in 2016, focuses on scalability and aims to provide fast and low-cost transactions through its unique Directed Acyclic Graph (DAG) structure?
  • What is the term for the consensus algorithm used by Bitcoin that involves miners solving complex mathematical puzzles to validate transactions and create new blocks on the blockchain?
  • Which cryptocurrency, founded in 2017, focuses on privacy and fungibility by implementing technologies like RingCT and Bulletproofs to enhance transaction anonymity?

Hard

November 21st
Questions
  • What is the name of the first cryptocurrency to use the proof-of-stake consensus algorithm?
  • What is the name of the second-largest cryptocurrency by market capitalization as of 2021?
  • What is the term for the process of verifying and validating transactions on a blockchain network using a small amount of computational power?
  • Which cryptocurrency is known for its focus on enabling privacy and anonymity through the use of ring signatures and stealth addresses?
  • What is the term for the process of validating and recording transactions on a blockchain using a small amount of computational power?

Expert

November 15th
Questions
  • What is the name of the consensus algorithm used by Ripple (XRP)?
  • In which year was the first cryptocurrency, Bitcoin, created?
  • What is the term for the process of verifying and validating transactions on a blockchain network?
  • What is the maximum supply of Ethereum (ETH) tokens that can ever exist?
  • Which cryptocurrency is known for its focus on enabling smart contracts and decentralized applications (DApps)?
  • What is the term for the process of converting a cryptocurrency into traditional fiat currency?
  • Which cryptocurrency is known for its privacy-focused features and use of stealth addresses?
  • What is the term for the process of raising funds for a project through the sale of tokens or cryptocurrencies?
  • What is the name of the consensus algorithm used by Cardano (ADA)?
  • What is the term for the process of solving complex mathematical problems to validate transactions on a blockchain?

Hard

November 1st
Questions
  • What is the term for the process of verifying and validating transactions on a blockchain network?
  • Which cryptocurrency introduced the concept of smart contracts?
  • What is the term for the process of converting one cryptocurrency to another?
  • Which cryptocurrency is known for its focus on privacy and anonymity?
  • What is the term for the process of raising funds for a project through the sale of tokens or cryptocurrencies?

Hard

August 21st
Questions
  • What is the purpose of Stronghold Pay?
  • What is the native token of the Stronghold ecosystem?
  • Which blockchain does Stronghold Pay operate on?
  • What is the total supply of SHx tokens?
  • Which of the following is a benefit of using SHx tokens within the Stronghold ecosystem?

Medium

August 8th
Questions
  • What is the term for the process of converting a cryptocurrency into traditional fiat currency?
  • What is the name of the consensus algorithm used by Ethereum?
  • Which cryptocurrency was created as a joke in 2013 but has since gained a large following?
  • What is the term for the process of validating and recording transactions on a blockchain?

Medium

August 6th
Questions
  • What is the process called when a new cryptocurrency is introduced to the market?
  • Which cryptocurrency was created as a joke but gained significant popularity?
  • What is the term for a cryptocurrency wallet that requires an internet connection to access?
  • What is the underlying technology behind cryptocurrencies like Bitcoin?

Medium

August 6th
Questions
  • What is the most well-known cryptocurrency worldwide?
  • What technology is known as the backbone of many cryptocurrencies?
  • What is the term for the process of solving complex mathematical problems to validate transactions on a blockchain?
  • Which of the following is not a type of cryptocurrency wallet?
  • What is the maximum supply of Bitcoin that can ever exist?