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Test Your Knowledge

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Blockchain and Bitcoin: What's the Difference?

Question 1:


What is one of the key features of cryptocurrencies that differentiates them from traditional financial systems?

A. Centralized control by banks.


B. Use of cryptography for security and decentralization.


C. Transactions are always anonymous.

Question 2:


Which of the following cryptocurrencies transitioned from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism?

A. Bitcoin (BTC)


B. Ether (ETH)


C. Tether (USDT)

Question 3:


What is the purpose of a cryptocurrency whitepaper?

A. To outline the project's goals, technology, and development roadmap.


B. To advertise the project on social media platforms.


C. To provide a list of potential investors.

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