Let's test your knowledge about crypto trading. Are you as good as you think you are?
Let's start with the easy question. Which of these blockchain definitions is correct?
It is a ledger that can record transactions between two parties efficiently
it is a box in which money is stored, but you can get it without a key
it is a table on which papers are scattered, and only one person knows in what order
this is a list of tasks that can be performed in any order
Now let's talk about ICO. Sounds like an IPO, but there are differences. Or not?
There is no state regulation in the ICO, and the purchase of tokens does not make a person the owner of the company
It is no differences. Even abbreviations are similar
There is no government regulation in the ICO
Money invested in ICO is returned only after a year
Now about smart contracts. In fact, it is not smart at all and practically not a contract. So what is it?
It is a document that spells out the essence of a startup entering an ICO
It is a computer algorithm or condition that allows parties to exchange assets
A sequence of letters and numbers that allows anyone who knows it to transfer tokens to an account hidden behind it
Cryptocurrency Unit
Which of the following is the creator of Bitcoin, and not an anime hero?
Rock Lee
Jiko-bo
Nihihami Kohakunushi
Satoshi Nakamoto
What Is a 51% Attack?
An attack on a blockchain by a group of miners controlling more than 50% of the network's mining hash rate or computing power
It is a virus attack on a mining farm
When there is more than 51 transactions per minute
Attack of one cryptocurrency to another
What famous chocolate name is often mentioned in the cryptocurrency sphere in a different sense?
Twix
Bounty
Mars
Nesquik
Find the cryptocurrency term among these abbreviations and not the name of a popular musical group.
RHCP
NWA
ICO
NERD
Which of the following is the name of a trading strategy?
pump-and-dump
pick up and newer give up
look and took
take or make
And, finally, what is a scam in crypto?
When a person lies about his trading experience
Exchange cryptocurrencies for dollars with the help of dubious companies
Any fraudulent business or scheme that takes money or other goods from an unsuspecting person
Buying cryptocurrency at a super-profitable rate
Try hard!
Pull your socks up! You are at the very beginning of your journey to the moon.
Keep it up!
You're on your way to the moon.
You are tops!
I have seen nothing better!