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