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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What is the primary function of a cryptocurrency wallet?
A. To store cryptocurrencies directly on the device.
B. To store private and public keys needed for interacting with blockchain networks.
C. To generate new cryptocurrencies.
Question 2:
What is the primary difference between a public key and a private key?
A. A public key is like a PIN, while a private key is like a bank account number.
B. A public key is used to receive funds, while a private key grants control over assets.
C. A public key is used for transactions, while a private key is used to receive funds.
Question 3:
What is the main advantage of cold wallets over hot wallets?
A. Cold wallets are more secure because they are offline and less susceptible to hacking.
B. Cold wallets are more convenient for frequent transactions.
C. Cold wallets are less expensive than hot wallets.
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