The 10 quiz questions
Question 1 : In what year was Bitcoin created?
Possible answers:
- 2005
- 2009
- 2012
- 2015
Explanation: Bitcoin was launched in 2009. The first block (genesis block) was mined on January 3, 2009, marking the birth of the first decentralized cryptocurrency and the dawn of public blockchain technology.
Question 2 : What is the pseudonym of the creator of Bitcoin?
Possible answers:
- Hal Finney
- Nick Szabo
- Satoshi Nakamoto
- Vitalik Buterin
Explanation: Satoshi Nakamoto is the pseudonym used by Bitcoin's creator. Their true identity remains unknown to this day, making it one of the biggest mysteries in the tech world.
Question 3 : Which cryptocurrency is the second largest by market capitalization after Bitcoin?
Possible answers:
- Litecoin
- Ripple
- Dogecoin
- Ethereum
Explanation: Ethereum, created by Vitalik Buterin in 2015, is the second largest cryptocurrency. It stands out for its ability to execute smart contracts.
Question 4 : What is the process of validating transactions on a blockchain called?
Possible answers:
- Mining
- Staking
- Trading
- Farming
Explanation: Mining is the process by which transactions are verified and added to the blockchain. Miners solve complex mathematical problems and are rewarded in cryptocurrency.
Question 5 : What does NFT stand for?
Possible answers:
- Next Future Trading
- Non-Fungible Token
- Network File Transfer
- New Financial Technology
Explanation: NFT stands for Non-Fungible Token. Unlike cryptocurrencies, each NFT is unique and cannot be exchanged identically for another.
Question 6 : What is the maximum number of Bitcoins that can ever be created?
Possible answers:
- 10 million
- 15 million
- 21 million
- 100 million
Explanation: The Bitcoin protocol limits the total number of Bitcoins to 21 million. This programmed scarcity is one of the reasons why Bitcoin is often compared to digital gold.
Question 7 : What is a wallet that stores cryptocurrencies offline called?
Possible answers:
- Hot wallet
- Cold wallet
- Smart wallet
- Web wallet
Explanation: A cold wallet stores cryptocurrencies offline, providing maximum security against hacks. Private keys are never exposed to the Internet.
Question 8 : Which cryptocurrency was originally created as a joke based on a dog meme?
Possible answers:
- Shiba Inu
- Floki
- Catcoin
- Dogecoin
Explanation: Dogecoin was created in 2013 by Billy Markus and Jackson Palmer as a parody. Despite its humorous origins, it became popular thanks to Elon Musk's support.
Question 9 : What term describes a sharp drop in the price of a cryptocurrency?
Possible answers:
- Pump
- Moon
- Crash
- Dump
Explanation: A "crash" refers to a sudden drop in prices. In crypto jargon, people also talk about "dump" for a massive sell-off that causes prices to fall.
Question 10 : What was the first real purchase made with Bitcoin in 2010?
Possible answers:
- A computer
- Deux pizzas
- A house
- A car
Explanation: On May 22, 2010, Laszlo Hanyecz bought 2 pizzas for 10,000 BTC. This date is celebrated as "Bitcoin Pizza Day." Those pizzas are now worth hundreds of millions of dollars.
