Freebitcoin: Answers to the Quiz for Earning Cryptocurrency

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The Gate Academy recently launched a "Learn and Earn" program, offering participants the opportunity to gain knowledge about blockchain technology while earning a small amount of cryptocurrency. This article provides the correct responses to the quiz questions, which can help you earn 0.000010 BTC upon successful completion.

Quiz Questions and Answers

The quiz covers various aspects of Bitcoin and blockchain technology. Here are the questions along with their correct answers:

  1. Who is Satoshi Nakamoto? Answer: The pseudonymous creator of Bitcoin

  2. What is Bitcoin's maximum supply? Answer: 21 million units

  3. What is a key feature of the Bitcoin blockchain? Answer: Immutability

  4. What does each block in the Bitcoin blockchain contain? Answer: A list of recent transactions and a link to the previous block

  5. Which statement about Bitcoin is accurate? Answer: All options are correct (Decentralized, Peer-to-peer, Limited supply)

  6. In which year was Bitcoin created? Answer: 2008

  7. What occurs during a Bitcoin halving event? Answer: It reduces the block reward for miners

  8. What is Bitcoin mining? Answer: The process of verifying and adding new transactions to the blockchain

  9. Who published the Bitcoin whitepaper? Answer: Satoshi Nakamoto

  10. What system do Bitcoin miners use to validate transactions? Answer: Proof of Work

  11. What is the name of the first Bitcoin block? Answer: Genesis Block

It's worth noting that the order of questions may vary for different participants.

This educational initiative by Gate Academy not only promotes understanding of cryptocurrency fundamentals but also provides an innovative way for users to earn a small amount of Bitcoin. By participating in such programs, individuals can gain valuable insights into the world of digital assets while potentially benefiting from the cryptocurrency market's growth.

Remember that while the reward may seem small, it serves as an excellent introduction to the cryptocurrency ecosystem and can motivate further learning and engagement with blockchain technology.

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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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