Binance Square

breatheandthinkwell

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CalmThoughts
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Ashwini Roopesh
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Those who are new to Binance, can easily earn 0.00001 BTC.
Just register for Binance Academy and take the quiz based Bitcoin Basics on what you’ve just learned after watching video.

For those who need help👇

1. Who is Satoshi Nakamoto? - C) The pseudonymous creator of Bitcoin
2. What is the maximum supply of Bitcoin? - A) 21 million units
3. What is one key feature of the Bitcoin blockchain? - A) Immutability
4. What does each block in the Bitcoin blockchain contain? - B) A list of recent transactions and a link to the previous block
5. What is true about Bitcoin? - D) All alternatives are correct. (Decentralized, Peer-to-peer, Limited supply)
6. In which year was Bitcoin created? - A) 2008
7. What happens during a Bitcoin halving event? - A) It reduces the block reward for miners
8. What is Bitcoin mining? - C) The process of verifying and adding new transactions to the blockchain
9. Who published the Bitcoin whitepaper? -B) Satoshi Nakamoto
10. What system do Bitcoin miners use to validate transactions - C) Proof of Work ✅
11. What is the name of the first ever Bitcoin block? - D) Genesis Block ✅

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