Bitcoin kvíz

Bitcoin medium

1 / 10

What is the significance of the "51% attack" in Bitcoin?

It reduces double-spending of bitcoins.

It ensures network security.

It refers to the majority of miners controlling the network.

2 / 10

What is the purpose of a “multi-signature” (multisig) wallet?

To store multiple cryptocurrencies.

To require multiple signatures for transaction authorization.

To enhance privacy.

3 / 10

What is the role of a "full node" in the Bitcoin network?

To validate and relay transactions.

To create new wallet addresses.

To mine new bitcoins.

4 / 10

What is the "genesis block" in Bitcoin?

A Bitcoin exchange platform.

The first block ever mined in the Bitcoin network.

A type of mining pool.

5 / 10

What is the difference between a soft fork and a hard fork in Bitcoin?

Soft forks require consensus, while hard forks do not.

Hard forks introduce new features, while soft forks do not.

A soft fork is a backward-compatible, while hard forks are not.

6 / 10

What is the purpose of Bitcoin halving?

To control inflation.

To increase the total supply of bitcoins.

To reduce the transaction fees.

7 / 10

What is the purpose of a "privacy coin"?

To reduce transaction fees.

It's just a meme.

To increase transaction speed.

To enhance anonymity.

8 / 10

What is the Lightning Network?

A Bitcoin wallet app.

A second-layer solution for faster and cheaper transactions.

A type of Bitcoin mining hardware.

McQueen's social media platform.

9 / 10

What is the purpose of a "paper wallet"?

To store physical bitcoins.

To create a backup of private keys offline.

To facilitate online transactions.

To save the environment.

10 / 10

What is the current reward for mining a new Bitcoin block (June 2024)?

6.25 bitcoins.

3.125 bitcoins.

21 Simoleons.

12.5 bitcoins.

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