Think You Understand Bitcoin? Test Yourself With The Bitcoin Exam
The Bitcoin Exam helps you identify gaps in your knowledge with 50 questions that challenge your understanding of Bitcoin.What Is The Bitcoin Exam?The Bitcoin Exam is a 50-question test designed to help retail investors gauge their understanding of Bitcoin. As the price of bitcoin skyrocketed past $60,000 in 2021, interest from retail investors hit an all-time high. Individuals with little to no understanding of bitcoin jumped in after being swept up by the media hype, only to panic sell when the price then corrected by over 50%. Whilst families and retail investors stand to gain a lot....
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There is a lot of education to be done regarding Bitcoin and cryptocurrency, but Dutch schools are taking a unique approach to this problem. Students of VWO – which focuses on preparing youngsters for their university studies – included a text on Bitcoin during this year’s final exams. VWO Focuses On Texts About Economy and Finance. The educational system is different in most places around the world, and European numbers divide a school year into several exam periods. Now that the end of the school year is almost upon us, it is time for the latest batch of exam preparations. For VWO....
The process was meant to ensure that customer information is handled properly by the company. Ledger, a crypto company providing a number of hardware wallet solutions, has obtained a successful System and Organization Controls, or SOC, Type 1 test. Friedman LLP, a New York-based accounting firm, ran the SOC 2 Type 1 test on Ledger, according to a statement provided to Cointelegraph:"By obtaining the SOC 2 Type 1 report, we are now able to provide an additional layer of verified security to our clients, assuring that the Vault solution is secured at all times and that we have the processes....
Readers may remember our coverage of a Roger Ver interview from a few days ago where the veteran Bitcoiner and entrepreneur told Bitcoin Uncensored that Lightning Network was still untested and could take a long time to get off the ground. At the time, he was right. But this morning CCN can report that a successful test, using Bitcoin testnet coins, has been conducted by developers at Blockstream. In the test, the developers used an ASCII cat picture as a demo product. The developer below can be seen manipulating a combination of bitcoind and lightningd, the Bitcoin daemon and Lightning....
Bitcoin is due for an overhaul of its payment mechanism to make it more merchant-friendly, but the core dev team is working with an imperfect system, they say. The basic idea behind the Payment Request initiative is to give Bitcoin a mechanism for sending verified payments directly between people. This doesn't take transactions away from the blockchain, but it does provide an extra layer of security between merchant and customer. It also makes payments more user-friendly. The problem with bitcoin payments. In the traditional bitcoin payment system, bitcoins are sent by manually pasting a....
Bitcoin is a lifeboat for escaping a broken system, but one needs to understand that system in order to see that.