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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What was the main purpose of Satoshi Nakamoto’s Bitcoin White Paper?
A. To introduce Bitcoin as a decentralized digital currency and a solution to the limitations of traditional financial systems.
B. To explain how banks can adopt Bitcoin for their operations.
C. To propose a new type of cryptocurrency for online gambling.
Question 2:
Which of the following is a key feature of the Bitcoin network?
A. Centralized control by a single entity.
B. Transactions are immutable once recorded on the blockchain.
C. Transactions are not visible to the public.
Question 3:
What does the Bitcoin network use to prevent double spending?
A. A centralized server that verifies transactions.
B. A timestamp server that organizes transactions into blocks.
C. A physical bank to verify all payments.
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