Regulation and Taxes This Is New Questions added By Developer ? Yes No Don't know OtherWhat do you call the series of alphanumeric characters that is saved in a wallet file, is meant to be kept secret, and allows a user to access their cryptocurrency? Public Key Secret Code Private Key Password The Bitcoin whitepaper was published in 2009 by a person (or group of people) that used the name: Mark Twain Thadeus McBitcoin Satoshi Nakamoto Janet YellenThe total supply of Bitcoin is limited to how many bitcoins? 100 billion 1 trillion 21 million 100 million A device that contains a copy of the transaction history of the blockchain is called a: Exchange Wallet Node LedgerWhat is the name of the consensus algorithm that is used by the Bitcoin blockchain to confirm new transactions and add new blocks? Proof of Stake Proof of Work Proof of Authority Delegated Proof of Stake What is the name of the hashing algorithm that is used by the Bitcoin network to encrypt transaction data and to add (mine) new blocks? SHA-256 Charas SHA-2 HashishWhat is the name of the programmer that initially proposed Ethereum in a white paper in 2013, with the goal of building decentralized applications? Bill Gates Satoshi Nakamoto Vitalik Buterin Steve JobsWhat aspect of the Ethereum network, which is embedded within each full Ethereum node, allows smart contracts to be executed and enables decentralized applications to function? Solidity Magic Ethereum Virtual Machine (EVM) Cryptocurrency What is the name of Ethereum's native cryptocurrency that is generated by the protocol as a reward to miners in its Proof of Work consensus system, and is also used for paying transaction fees? Bitcoin Ether (ETH) Dollars Uranium Here is an example of horizontal multiple response. What sound does a cat make? meow bark no sound at all otherA business that provides customers with an online platform to buy and sell cryptocurrencies with each other is called a: Cryptocurrency Broker Cryptocurrency Store Cryptocurrency Exchange Cryptocurrency DealerWhat is the name of the smallest unit of a bitcoin, which equals one hundred millionth of 1 whole bitcoin (0.00000001)? Penny Farthing Pound SatoshiHow many bitcoins are currently awarded as a "block reward" to miners that successfully add (mine) one new block to the Bitcoin blockchain? 50 15 6.25 1A device or program that stores the public and/or private keys of a Bitcoin transaction is called a: Key Holder Key Chain Wallet VaultWhat term is used to describe the total combined computational power that is being used to mine and process transactions on the Bitcoin network? Mining Points Hashrate Horse Power RamA company or an individual that charges a fee to facilitate purchases of cryptocurrencies at set prices, is called a: Cryptocurrency Broker Cryptocurrency Store Cryptocurrency Agent Cryptocurrency HeroThe regulations and procedures that customers are sometimes required to adhere to before using a Crypto related service are commonly referred to as: Really Annoying Useless Bureaucracy Anti Money Laundering (AML) and Know Your Customer (KYC) Invasive Meddling What do you call the cryptographic code that allows a user to receive cryptocurrencies into their wallet? Private Key Enigma Digit Public Key HieroglyphicA cryptocurrency wallet that stores your private keys in a secure physical device that is stored offline and therefore can't be hacked is called a: Coin Purse Hardware Wallet Hot Wallet Coin VaultIn addition to the transaction hash, every cryptocurrency transaction recorded to a blockchain contains 3 parts. The 1st is an input (a record of the address from which the sender received the coins). The 2nd is an output (the public key or address to which the coins will be sent). What is the 3rd part? A password The node The amount The keyhole What do you call the unique string of characters that is given to every transaction that is verified and added to the blockchain? Hash/ID Address Record KeyThe Bitcoin network has an on-chain transaction processing capacity that is limited by a block size limit of 1 megabyte, and an average block creation time of how many minutes? 1 minute 10 minutes 15 minutes 30 minutes A cryptocurrency or digital cash that is independent of any other platform, which is used as an exchange of value. Encryption Fundamental Analysis (FA) Coin StablecoinThe maximum price a cryptocurrency user is willing to pay as a fee when sending a transaction, or performing a smart contract function. Sentiment Deep Web Gas Limit JagerWhat are the 2 types of accounts on the Ethereum blockchain that can hold and send an ETH balance? Checking Accounts and Savings Accounts Brokerage Accounts and Exchange Accounts User Accounts and Contracts Bitcoin Accounts and Ethereum Classic Accounts What prefix is added to the beginning of all Ethereum addresses? 0x- 1234- Eth- Poly-Every transaction that is performed by the Ethereum Virtual machine (EVM) has a transaction cost, which is roughly proportional to the amount of computing resources that a node must use to perform that operation, and must be paid by the user to the node that records their transaction to the blockchain. What do you call the unit of account that is used to calculate how much this transaction fee is in ETH? RAM Fuel Weight GasEthereum has an annual cap limit that restricts the supply of new ETH mined to 18 million per year. What is the total maximum supply that Ethereum will be limited to? 210 Million 1.8 Billion No maximum supply exists 360 Million This is an example of using vidoes in your questions. What Movie Series Are These Songs From? Star Wars Pirates Of The Caribbean Toy Story Lion KingWhat type of algorithm is "Ethash"; Ethereum's consensus algorithm? Proof of Work (PoW) Proof of Stake (PoS) Delegated Proof of Stake (DPoS) Byzantine Fault Tolerant 32 out of 31