27.07.2025

Blockchain and crypto quiz: Do you speak digital currency?

Questions

  1. Who invented Bitcoin?
  2. What does “blockchain” refer to?
  3. Name the first cryptocurrency.
  4. What does “NFT” stand for?
  5. Which technology underpins cryptocurrencies?
  6. Name the process of verifying transactions in a blockchain.
  7. Which cryptocurrency is known for its privacy features?
  8. What is a “wallet” in cryptocurrency terms?
  9. Which organization issues Bitcoin?
  10. What does “DeFi” stand for?

Answers

  1. Satoshi Nakamoto
  2. A distributed ledger of transactions
  3. Bitcoin
  4. Non-Fungible Token
  5. Blockchain technology
  6. Mining or consensus mechanism
  7. Monero or Zcash
  8. Digital storage for cryptocurrencies
  9. No central authority; Bitcoin is decentralized
  10. Decentralized Finance