Questions & Answers
Browse all 18 questions from the
Cryptocurrency History Foundations study set below.
Each question shows the correct answer — select a study format above to practice interactively.
1
Who published the Bitcoin whitepaper in 2008?
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A
Vitalik Buterin
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B
Satoshi Nakamoto
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C
Charlie Lee
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D
Hal Finney
2
What was the first cryptocurrency ever created?
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A
Ethereum
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B
Litecoin
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C
Bitcoin
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D
Ripple
3
In which year was the first Bitcoin block, the Genesis Block, mined?
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A
2007
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B
2008
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C
2009
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D
2010
4
Which famous event involved the purchase of two pizzas for 10,000 Bitcoins in 2010?
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A
Bitcoin Pizza Day
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B
The Great Exchange
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C
The Crypto Feast
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D
Blockchain Diner Day
5
What is the maximum supply of Bitcoin that will ever exist?
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A
10 million
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B
21 million
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C
50 million
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D
100 million
6
Who is the creator of the Ethereum blockchain?
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A
Gavin Wood
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B
Charles Hoskinson
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C
Vitalik Buterin
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D
Jed McCaleb
7
What is the name of the underlying technology that powers Bitcoin?
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A
Cloud computing
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B
Blockchain
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C
Artificial Intelligence
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D
Quantum processing
8
Which country became the first to adopt Bitcoin as legal tender in 2021?
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A
Brazil
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B
El Salvador
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C
Argentina
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D
Mexico
9
What was the name of the online marketplace shut down by the FBI in 2013 that heavily used Bitcoin?
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A
Silk Road
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B
AlphaBay
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C
Dream Market
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D
The Pirate Bay
10
What does the acronym 'DAO' stand for in the context of Ethereum history?
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A
Digital Asset Operation
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B
Decentralized Autonomous Organization
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C
Data Authentication Order
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D
Distributed Application Office
11
Which consensus mechanism does the original Bitcoin protocol use?
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A
Proof of Stake
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B
Proof of History
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C
Proof of Work
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D
Proof of Authority
12
What is a 'halving' event in the Bitcoin network?
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A
A system crash
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B
The reduction of mining rewards by half
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C
The doubling of transaction speeds
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D
A mandatory tax increase
13
What was the first year that Bitcoin's price reached $1,000 USD?
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A
2011
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B
2013
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C
2015
-
D
2017
14
Which crypto-asset is frequently described as a 'stablecoin'?
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A
Tether
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B
Dogecoin
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C
Bitcoin
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D
Monero
15
What term describes the digital file used to access and manage cryptocurrency funds?
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A
Digital wallet
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B
Hard drive
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C
Cloud storage
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D
USB stick
16
What is the main purpose of a 'private key' in cryptocurrency?
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A
To view public balances
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B
To authorize transactions
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C
To speed up mining
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D
To encrypt emails
17
Which major financial crisis coincided with the creation of the Bitcoin whitepaper?
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A
The 2008 Global Financial Crisis
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B
The Dot-com bubble
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C
The 1929 Great Depression
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D
The 1973 oil crisis
18
Who is often referred to as the 'Bitcoin Jesus' for his early promotion of the currency?
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A
Roger Ver
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B
Nick Szabo
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C
Adam Back
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D
Craig Wright
