Crypto Jobs Test 1

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What currency was a joke at first?

Correct! Wrong!

Dogecoin began as a joke, but lately it surpassed a 36 billion dollar market cap.

What is the maximum number of Bitcoin that can be mined?

Correct! Wrong!

The top 20 Crypto coins account for more than 2 trillion. The limit for Bitcoin was set at 21 million when it's protocol was being set up. As of now, roughly 18 million bitcoins have already been mined.

How many of the top cryptocurrency coins by market capitalization account for 90% of all cryptocurrency value?

Correct! Wrong!

The market capitalization of the top 20 crypto currencies exceeds $2 trillion.

What was the first transaction in a commercial cryptocurrency made for?

Correct! Wrong!

A man in Florida spent 10,000 bitcoin on two pizzas on May 22, 2010. Most people agree that this was the first transaction using bitcoin for business.

You must pay transactional fees known as ________ when using the Ethereum network.

Correct! Wrong!

The amount of computing work required to perform a transaction is known as "gas" on the Ethereum network.

An upward trend in market values. It is frequently used in both regular markets and the cryptocurrency arena.

Correct! Wrong!

Which nation was the first to recognize Bitcoin as legal tender?

Correct! Wrong!

The first nation to do so was El Salvador, which accepted Bitcoin as legal tender alongside its own national currency in September 2021.

Which nation is the top one for mining cryptocurrencies?

Correct! Wrong!

About 65 percent of the world's bitcoin mining is done in China.

What amount of bitcoin has been misplaced or is trapped in accessible wallets, as per crypto data analysis?

Correct! Wrong!

According to the current market rate, this 20% BTC is now worth more than $200 billion.

How many people on the Forbes 2021 Billionaires list were "CRYPTO BILLIONAIRES"?

Correct! Wrong!

According to BitInfoCharts, there are more than 98,000 cryptocurrency millionaires in addition to the 12 billionaires.

How many cryptocurrencies are there in total as of 2021?

Correct! Wrong!

More than 4,500 cryptocurrencies were in use as of February 2021.

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