Can you keep up with the Cryptocurrency craze?

Test your knowledge and impress your friends.
START
Who was the creator of Bitcoin: A peer-to-peer electronic cash system?
The Bitcoin white paper was released in 2009 by Satoshi Nakamoto. While there were some initial communications with the Bitcoin community, no one has heard from Nakamoto since 2011 and his exact identity remains shrouded in mystery.
Next
What is the total number of tradable Cryptocurrencies?
Coinmarketcap is the number one platform for data on tradable cryptocurrencies. This includes the price, the total supply and exchanges the currency is trading on.
Next
What is the total supply of Bitcoins?
There are currently 16.8 million Bitcoins in circulation with the total supply being released by 2140.
Next
Which was the first Cryptocurrency to support smart contracts?
A smart contract is an electronic version of a contract that is written onto a blockchain. Just like an ordinary contract, these can be used to facilitate the transfer of value between two untrusting parties. Unlike ordinary contracts, smart contracts are self executing and do not require a third party to oversee the transaction.
Next
Which Crypotcurrency exchange had the highest trading volume in January?
If you wanted to transfer Cryptocurrency as cheap as possible, which of the following coins should you use?
Litecoin is thought of as the Silver to Bitcoin's Gold. The network runs x4 times quicker than Bitcoin, producing a new block every 2.5 minutes vs. Bitcoin's 10 minutes. This allows a higher volume of transactions to flow, driving down the cost per transaction.
Next
How is the transaction fee calculated on the Ethereum Network?
Gwei is the price per unit of Gas. The Gas Limit is the total amount of Gas that the sender wishes to use for any given transaction. Just like a car, the total cost of the transaction is the volume of fuel multiplied by the price per unit.
Next
What’s the average cost per trade for buying and selling Cryptocurrency on an exchange?
While most exchanges charge an average of 0.25% per transaction, some exchanges provide lower rates to loyal users. Traders demonstrate their loyalty to an exchange through purchasing their native token. For example, buying Binance (BNB) tokens allows users to trade on Binance at a 50% discounted rate.
Next
Who was the secret mastermind of the Bitconnect pyramid scheme?
The Bitconnect pyramid scheme gained widespread media attention for defrauding thousands of loyal users. Their business model relied on users to bring their friends and family onto the platform, rewarding people for referrals. Disgruntled users that lost large amounts of money have now filed a law suit against this crooked cryptocurrency.
Next
Which of the following sites are useful for tracking Cryptocurrency prices?
Congratulations! You've completed the cryptocurrency quiz and you are well on track to staying ahead of the curve.