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Difficulty Level: Intermediate
Quiz on Cryptocurrencies
Multiple Choice Questions:
1. What was the first decentralized cryptocurrency?
a) Bitcoin
b) Ethereum
c) Ripple
d ) Litecoin
2. Who is the anonymous creator of Bitcoin?
a) Vitalik Buterin
b) Satoshi Nakamoto
c) Charlie Lee
d) Roger Ver
3. Which cryptocurrency introduced the concept of smart contracts?
a) Bitcoin
b) Ethereum
c) Ripple
d) Litecoin
4. What is the maximum supply limit of Bitcoin?
a) 10 million
b) 21 million
c) 100 million
d ) 1 billion
5. Which cryptocurrency is often referred to as "digital silver "?
a) Bitcoin
b) Ethereum
c) Ripple
d ) Litecoin
True or False Questions:
6. Bitcoin transactions are irreversible once confirmed. (True/False)
7. Ethereum is primarily used for creating and deploying decentralized applications. (True/False)
8. Ripple is a cryptocurrency designed for peer-to-peer payments. (True /False)
9. Litecoin was created as a fork of Bitcoin. (True/False)
10. Cryptocurrencies are regulated by central banks. (True/False)
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