Bitcoin Masters Quiz
Bitcoin Masters Quiz
Test your knowledge about Bitcoin with our ultimate Bitcoin Masters Quiz! Dive into the world of cryptocurrency and see how well you understand the concepts, terminology, and history surrounding Bitcoin.
This quiz features:
- 17 challenging questions
- Multiple choice format
- Immediate feedback on your answers
How many bitcoins (BTC) can ever be created?
21,000,000
21,000,0000,000
20,999,999.9769
21,000
How many sats are in 1 BTC?
100,000,000
1,000,000
21,000,000
None of the answers is correct
What do you call the secret string of letters and numbers that secure your bitcoin?
A password
A public key
A private key
A secret key
True or false: You can take your bitcoin off an exchange.
True
False
True or false: Bitcoin is a protocol
True
False
When was the Bitcoin software released?
2009
2008
2011
2002
Bitcoin's computer science achievements include...
Solving the double spend problem
Solving the Byzantine Generals problem
Achieving a market price for provably scarce data
All of the answers are correct
The first block on the Bitcoin blockchain is known as ...
Block One
The Genesis Block
The First Block
None of the answers is correct
The Bitcoin blockchain does which of the following...
Lists all valid bitcoin transactions
Determines who can use Bitcoin
Registers the identities of users who own Bitcoin
All of the answers are correct
Which member of the bitcoin network validates transactions?
Miners
Full nodes
SPV nodes
All of the answers are correct
How often does the software reduce the number of new bitcoins created per block?
Every 21,000 blocks
Every 210,000 blocks
Every 4 years
Randomly when a special nonce is found
What happens when you send bitcoin to the wrong address?
The transaction will refuse to send and be returned
Your bitcoins are lost forever
Miners who collect your coins can return them
Your bitcoins stay in the mempool
Bitcoin Core, Bitcoin Knots and Libbitcoin are examples of...
Bitcoin companies and startups
Failed versions of Bitcoin
Different versions of the bitcoin software
Alternative cryptocurrencies
RPOW, Magic Cash, Hashcash and Digicash are examples of...
Failed versions of Bitcoin
Failed electronic cash systems
Bitcoin companies and startups
Older versions of the bitcoin software
What does BIP stand for?
Bitcoin internet protocol
Bitcoin improvement proposal
Bitcoin instant payment
None of the answers is correct
Bitcoin's software is written in what programming language?
C
Rust
C++
Java
Bitcoin's hashrate is...
The number of times a give bitcoin block has been mined historically
The cumulative computing power aimed at securing the bitcoin network
The average price of bitcoin mining machines globally
None of the answers is correct
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