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Think you know everything about bitcoin? Take our Bitcoin Basics Quiz to find out.

  1. 1 What does the abbrievation P2P actually stand for?

    1. Password to Password
    2. Peer to Peer
    3. Product to Product
    4. Public Key to Private Key
    Correct!
    Wrong!
  2. 2 Who is the creator of Bitcoin?

    1. John Mcafee
    2. North Korea
    3. China
    4. Satoshi Nakamoto
    Correct!
    Wrong!
  3. 3 What is a Node?

    1. A blockchain
    2. A programming language
    3. A computer on a blockchain network
    4. An exchange platform
    Correct!
    Wrong!
  4. 4 What is a miner?

    1. A part of a blockchain
    2. An algorithm that predicts the next part of the chain
    3. A person doing calculations to verify a transaction
    4. Computers that validate and process blockchain transactions
    Correct!
    Wrong!
  5. 5 What is the typical Bitcoin transaction time?

    1. 15 seconds
    2. 10 hours
    3. 5 minutes
    4. 30 minutes
    Correct!
    Wrong!
  6. 6 Where can you get bitcoin?

    1. A centralized exchange
    2. Bitcoin ATM
    3. A decentralized exchange
    4. Private transaction
    5. All of the above
    Correct!
    Wrong!
  7. 7 What is a Blockchain?

    1. A distributed ledger on a P2P network
    2. A type of smart contract
    3. Internet of things
    4. A decentralized exchange
    Correct!
    Wrong!
  8. 8 What was the first recorded purchase with bitcoin?

    1. A Pizza.
    2. A Lambo 😉
    3. A Beer
    4. More Bitcoin....
    Correct!
    Wrong!
  9. 9 Where can you store your bitcoin in?

    1. A Pocket
    2. A Bank Account
    3. A Wallet
    4. Your Mind~
    Correct!
    Wrong!
  10. 10 When Satoshi perform the first Bitcoin transaction in block 170, who did he send Bitcoins to?

    1. Hal Finney
    2. Adam Gilbert
    3. Albert Einstein
    4. Justin Bieber
    Correct!
    Wrong!

Bitcoin Quiz For Beginner

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