Bitcoin and blockchain
What is the technology that underpins Bitcoin and other cryptocurrencies?
Blockchain
Who is the mysterious creator of Bitcoin?
Satoshi Nakamoto
What is the total supply limit of Bitcoin?
21 million
What is a 'block' in blockchain terminology?
A group of transactions
What is the primary purpose of mining in Bitcoin?
To process transactions and secure the network
What is a 'fork' in the context of blockchain?
A split in the blockchain resulting in two separate chains
Which programming language is commonly used for developing smart contracts on blockchain?
Solidity
What is a 'private key' in cryptocurrency?
A secret code for accessing and managing one's cryptocurrency assets
What is a 'block reward' in Bitcoin mining?
A prize for solving complex mathematical puzzles
What is the purpose of 'consensus mechanisms' in blockchain?
To achieve agreement among network participants on the validity of transactions