BitUnits Crypto Knowledge Quiz (Advanced)
Think you’re top talent? Prove your blockchain knowledge with this advanced blockchain quiz! Score 70 or higher will earn you a reward of 500-1000 BitUnits XP.
Asymmetric encryption uses:
Public keys only
Private keys only
Public and Private keys
Proof of Stake
What powers the Ethereum Virtual Machine?
What is the term for when a blockchain splits?
What is the name of the research paper that brought Bitcoin to the world?
What is a genesis block?
The first block of a blockchain
A famous block that hardcoded a hash of the Book of Genesis onto the blockchain
The first block after each block halving
The 2nd transaction of a blockchain
Who invented Merkle Trees?
What is a private key?
A key on your key chain
A key given to the public
A key NOT to be given to the public
A key that opens a secret door
ETH Wallet Address
Bitcoin uses UTXO, Ethereum uses:
What is a hash function?
Takes an input of any length and returns a fixed-length string of numbers and letters
What does IPFS stand for?
InterPlanetary File System
Inter Filing System
Internet Play Store
Internet Platform For Storage
What are sidechains?
Another term for a hash function
Smart Contracts that have forked off the main blockchain
A parallel network running adjacent to the main blockchain network for additional security
Any mechanism that allows tokens from one blockchain to be securely used within a completely separate blockchain
What is cold storage?
A place to hang your coat
A private key connected to the Internet
A private key not connected to the Internet
A desktop wallet
What is a LiteClient?
Allows you to interact with the blockchain without downloading the whole blockchain
A type of cryptocurrency
A platform to develop dApps
What is UTXO?
United Transaction Office
United Texan Xerox Organization
Unspent Transaction Output
Union of Texas Operations
What is a Dash Masternode?
Two nodes sharing resources
A single node that runs the whole network
A node that provides additional supervisory network services
Master of all Dash nodes
What characteristic makes blockchain tamper-proof?
What did Satoshi Nakomoto hard code into the Genesis block?
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
Men make counterfeit money; in many more cases, money makes counterfeit men.
A wise man should have money in his head, but not in his heart.
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
What is the purpose of a nonce?
A hash function
Prevents double spending
Sends information to the blockchain network
What incentivizes the miners to give correct validation of transactions?
A block reward
Thumbs up from the community
What is Proof of Stake?
A certificate needed to use the blockchain
A password needed to access an exchange
How private keys are made
A transaction and block verification protocol
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