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What is a cryptocurrency?
A type of bank
A digital currency
A paper money
Does cryptocurrency have a physical format?
No
Yes
Where does cryptocurrency circulate?
In paper wallets
In banks
In digital operations
What is an example of a physical currency?
Dollar
Blockchain
Bitcoin
Who regulates cryptocurrencies?
No one
Banks
Governments
Where are cryptocurrency transactions recorded?
A government office
A blockchain
A paper book
What is a blockchain?
A physical coin
A public ledger
A type of bank
What does a blockchain store?
Gold
Paper money
Transactions
What do miners do?
Print money
Work at a bank
Solve equations
Why do miners solve equations?
To create money
To validate transactions
To close banks
What do miners receive for their work?
Cryptocurrencies
Dollars
Nothing
How are cryptocurrency transactions validated?
By a network of computers
By people at a bank
By government officials
What happens when a miner solves an equation?
The transaction is printed
The transaction is registered
The transaction is lost
What does "decentralized" mean?
Controlled by one person
Controlled by a government
Not controlled by one place
What is the role of cryptography?
To make transactions secure
To make money faster
To create banks
What is an example of a cryptocurrency?
Euro
Bitcoin
Dollar
