Bitcoin Test

in #crypto5 years ago

From r/Bitcoin ~ u/EvanGRogers

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Newbie – You should know this before buying Bitcoin

Who is credited with creating Bitcoin?

What is the maximum number of Bitcoin that will ever be created?

What is a “satoshi”?

What do you call the “thing” that holds your Bitcoin?

Who is in charge of Bitcoin – who controls it?

What are some of the major reasons Bitcoin exist?

What’s the point of those weird 12 or 24 words (Your pneumonic phrase of your private keys) when you open a wallet?

Why does it cost Bitcoin to send Bitcoin?

What’s the difference between a “wallet” and an “address”?

What is the 3-letter “ticker” symbol for Bitcoin? Ethereum?

You might have heard of “Bitcoin Cash” or “Bitcoin Gold”, or “Bitcoin Core”. These are all different. Which one is most widely considered “Bitcoin” (that is, which is the “official” name of “Bitcoin”)?

What’s the difference between a “hot” and “cold” wallet?

Can you send “Bitcoin” to a Bitcoin Cash or Bitcoin Gold address?

Is it a problem if someone else knows the 12-24 word phrase of your wallet?

How many wallets can you name?

What is a QR code?

Basic – You should know this before you claim to ‘know what Bitcoin is’

What is the job of a miner?

What do we call the system used to secure the blockchain? (Hint: “Proof...”)

What is the job of the developers?

Give an example of an “off-chain transaction”.

What is a node and how does it pertain to mining?

What is a “hash”?

Describe the connection between “difficulty rating”, “hash rates”, and the time between blocks.

Finish this sentence: “Not your keys...”

What is a “fork” of the blockchain?

What are the two types of “forks”?

Three of the following are tied closely to Bitcoin, which ones? “Schnorr Signatures”, “Mimble Wimble”, “Monero”, “Lightning Network”, “Thunder Payments”, “Segregated Witness”, “Nonce Detanglers”, “Node Burners”.

What is the program used to encrypt Bitcoin? (Hint, it starts with an “S” and ends with “6”)

How much data can fit inside a single block?

Is your private key pretty much the same thing as your “12-24 word pneumonic phrase”?

If you lose your wallet, and have your pneumonic phrase, can you still access your Bitcoin?

https://www.reddit.com/r/Bitcoin/comments/aapo6i/i_developed_a_test_for_people_to_take_before/

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