Top 10 gk questions on cryptocurrency | bitcoin

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BY GK QUIZ QUESTIONS

Gk questions on cryptocurrency in the form of quiz will help you to learn and understand the cryptocurrency, bitcoin and blockchain.

Quiz on cryptocurrency and bitcoin will not only give you basic information even you will enjoy your learning.

Top 10 gk questions on cryptocurrency | bitcoin

In Bitcoins, blockchain uses a decentralized way so that no single person or group has control—rather, all users collectively retain control.

Blockchains store data in blocks which are chained together. This differs from a typical database in the way it stores information.

Decentralized blockchains are immutable. This means that the recorded data is irreversible. For example, Bitcoin record the transactions permanently viewable to anyone.

Originally block chain is a growing list of blocks which are linked using cryptography.

#1. What is a type of a blockchain from below ?

#2. How blockchain is used and controlled in bitcoin ?

#3. In what form of data, blockchains are stored ?

#4. Does decentralized blockchains are immutable?

#5. When the first blockchain was conceptualized by a person or organization known as Satoshi Nakamoto ?

#6. Which statement is true about blockchain in the following ?

#7. Does block time is the average time which takes for the network to generate one extra block in the blockchain ?

#8. How blocks hold batches of valid transactions that are hashed and encoded ?

#9. Who is the first person which suggest a blockchain-like protocol?

#10. In blockchain, how the block are linked to each other ?

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Conclusion

General knowledge on cryptocurrency plays a crucial role for learners to improve the general awareness of the affairs in cryptocurrency as well as related sectors, continuous learning of general knowledge is important. There are numerous ways to enhance the general knowledge.

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