Twenty Questions to Test Your Bitcoin Knowledge. Beginner Level.
How does your bitcoin knowledge rank? Here are Twenty Test Questions to evaluate yourself. This is the first part of a three-part series that will test your knowledge of bitcoin greatness. This quiz will provide you a general measuring stick to gauge where you fit in the range of bitcoin knowledge. We trust you will take this quiz with the "honor code".....
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I asked some friends who were Bitcoin noobies what they wanted to know about Bitcoin, and was ready with some answers. Here’s what we came up with. Common Questions about Bitcoin, Answered How does mining work? Mining is a key component of the Bitcoin system. It helps secure the network, is integral to the issuance of new coins, and in a sense ties everything together. But how does it work? Well, it’s slightly complicated, so I’ll try to explain it in a condensed way that is simple but not “too simple”, so you hopefully get the gist of it: On average every....
The Bitcoin Exam helps you identify gaps in your knowledge with 50 questions that challenge your understanding of Bitcoin.
This is an intermediate to an expert level article on NFTs. If you only want to understand the first things about it, scroll to the end, or alternatively find a beginner level feature. Everybody wants big-league gains but ain’t willing to do what it takes to deserve it. We have a pandemic level cultural illiteracy […]
This is the second part of the three part series involving bitcoin and the world of digital currencies as an informal method to gauge where you might be in the new quickly evolving world. If you missed the beginner level quiz, you may refer to it here: This intermediate level quiz is geared more towards the investment side of bitcoin. Once the reader understands the principles for each of the questions and answers below, one might feel more comfortable owning bitcoin and setting one's expectations correctly. Many wise investors have purchased a small quantity of bitcoin as a means of....
Promoted: There are four fundamental tiers of Bitcoin user that need to be defined if they are to be protected. The post Everything You Need to Use Bitcoin Safely, From Beginner to Expert appeared first on Bitcoin Magazine.