Questions and Answers
The maximum number of Bitcoin that will ever be created is 32 million.
A. True
B. False- An orphan block is only created when a 51% attack is successful.
A. True
B. False - Approximately every 10 minutes, a new block is created that contains latest transactions.
A. True
B. False - In the Bitcoin protocol, “natural deflation” has been defined as the normal rate of reduction in the number of bitcoins because of lost wallets.
A. True
B. False - A bitcoin address collisions is when 2 different payments are made at the same time to the same Bitcoin address.
A. True
B. False - Cryptographic Hash function transforms an arbitrary length of text into a fixed-length string of numbers that acts more or less as a “fingerprint” of the document.
A. True
B. False - The bitcoin address is nothing more than the public key of an asymmetric encryption
A. True
B. False