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Bitcion - Exam
Contributed by: Bryan
  • 1. What is Bitcoin?
A) A physical coin made of gold
B) A credit card company
C) A type of stock market exchange
D) A digital cryptocurrency
  • 2. Who is the pseudonymous creator of Bitcoin?
A) Elon Musk
B) Bill Gates
C) Mark Zuckerberg
D) Satoshi Nakamoto
  • 3. Which technology is the foundation of Bitcoin?
A) Quantum Computing
B) Blockchain
C) Artificial Intelligence
D) Augmented Reality
  • 4. What is the process called by which new Bitcoins are created and added to the circulating supply?
A) Printing
B) Manufacturing
C) Mining
D) Harvesting
  • 5. What is the maximum total supply of Bitcoin that can ever exist?
A) 1 billion
B) 21 million
C) 100 million
D) 1 million
  • 6. Which country has the highest electricity consumption for Bitcoin mining?
A) United States
B) Japan
C) Russia
D) China
  • 7. What is the approximate block time in the Bitcoin network?
A) 30 seconds
B) 24 hours
C) 1 hour
D) 10 minutes
  • 8. What is 'Satoshi' in the context of Bitcoin?
A) A popular Bitcoin exchange platform
B) The smallest unit of Bitcoin
C) A type of Bitcoin wallet
D) The person who invented Bitcoin
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