WEEKLY BTC QUIZ CHALLENGE: ANSWER ALL THESE CORRECTLY AND WIN A $3 WORTH OF BITCOINS

in #bitcoin8 years ago

Questions and Answers

  1. images.jpgThe maximum number of Bitcoin that will ever be created is 32 million.
    A. True
    B. False
  2. An orphan block is only created when a 51% attack is successful.
    A. True
    B. False
  3. Approximately every 10 minutes, a new block is created that contains latest transactions.
    A. True
    B. False
  4. In the Bitcoin protocol, “natural deflation” has been defined as the normal rate of reduction in the number of bitcoins because of lost wallets.
    A. True
    B. False
  5. A bitcoin address collisions is when 2 different payments are made at the same time to the same Bitcoin address.
    A. True
    B. False
  6. Cryptographic Hash function transforms an arbitrary length of text into a fixed-length string of numbers that acts more or less as a “fingerprint” of the document.
    A. True
    B. False
  7. The bitcoin address is nothing more than the public key of an asymmetric encryption
    A. True
    B. False
Sort:  
  1. B
  2. A
  3. A
  4. B
  5. A
  6. A
  7. A

Not sure. Hope that there will be a consolation for correct answers. :D

You tried but not correct.