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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What is Bitcoin halving?
A. A process where the total supply of Bitcoin is doubled.
B. An event where the reward for mining a Bitcoin block is reduced by half.
C. A mechanism to increase Bitcoin’s inflation rate.
Question 2:
How often does Bitcoin halving occur?
A. Every two years.
B. Every four years or after 210,000 blocks are mined.
C. Every year.
Question 3:
How does Bitcoin halving affect the price and market dynamics?
A. It typically decreases Bitcoin's price due to reduced supply.
B. It has no effect on Bitcoin's price.
C. It typically increases Bitcoin's price due to reduced supply and increased demand.
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