CRYPTO ADVANCED QUIZ 10 Created on October 29, 2020 By Eddie Vorman CRYPTO ADVANCED QUIZ So, do you think you are a pro? Then do not be scared of putting your knowledge to the test. Click on our quiz and prove that you are the master crypto maniac. 1 / 10 Why does Litecoin use Scrypt instead of SHA-256? Because Scrypt is faster and a more modern soft Because scrypt is memory-hard, that removes the advantage that ASIC chips have so lowering centralization Because script is soft that removes the advantage that ASIC chips have Because scrypt is memory-hard that is more advantageous than ASIC chips 2 / 10 What is true of the ScriptSig and ScriptPubKey functions? The stack-based language is Turing Complete The ScriptSig contains the Public Key from which the transaction is to be spent The ScriptPubKey is the private key unlocking the transaction ScriptSig is the unlocking part of the transaction 3 / 10 What did Satoshi Nakomoto hard code into the Genesis block? Money is only a car that takes you anywhere you want, but you still are a driver. Make money, not war. A wise man should never let money rule him. Chancellor on the brink of second bailout for banks. 4 / 10 How much Bitcoin was reportedly stolen from Mt Gox? 744,000 812,000 153,000 923,000 5 / 10 What is Elliptic Curve Cryptography? The method, that doesn’t incorporate blockchain and sends Bitcoins to another wallet A branch of mathematics used to generate public keys from private keys A way of hiding your transaction history on the blockchain The maths used to generate your private key from your public key 6 / 10 Tell us, what is not included in a Block Hash? The largest transaction in the block The difficulty target The Bitcoin version number The Merkle root of all the transactions 7 / 10 What is a Private Key in Bitcoin? A point on the elliptic curve A multiplier of the generator point on the elliptic curve The password generated from the public key through SHA256 A possibility to turn off your wallet to protect your transaction history from others to see 8 / 10 What is the maximum number of block reward reductions allowed in the Bitcoin Protocol? 10 33 128 32 9 / 10 What is a payment distribution method for a mining pool? Estimated Moving Average Pay per Last N Shares Triple Geometric Method Fibonacci Selection 10 / 10 What are Bitcoin Options? The right to buy or sell a specific amount of Bitcoin at a definite price on a specific future date The right to sell your mining computer for Bitcoins A microtransaction service for music streaming using Bitcoin A way of verifying Bitcoins the address through proof certificates Your score isThe average score is 20% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Support Platform Spread Trading Instrument Comments Rating 0 (0 reviews)
