seedor_io on Nostr: 🏆Think you've got Bitcoin knowledge? In our Einundzwanzig 'WHO WANTS TO BE SATOSHI ...
🏆Think you've got Bitcoin knowledge? In our Einundzwanzig (npub1qv0…ujnc) 'WHO WANTS TO BE SATOSHI MILLIONAIRE' quiz, a surprising number of participants picked incorrect answers.
👇Play the 21 questions down in the poll now! 👇
Thank you to this month's sponsor @lrothbardian who paid 1,000,000 Sats!💰
1. What is the smallest unit of Bitcoin in the lightning network called?
Bits
millibitcoin
millisatoshi
Satoshi
2. Who or what decides the dollar price of a Bitcoin?
Bitcoin Core Developers
A sophistaced algorithm
Supply & Demand
Reptilian overlords
3. What is the worst way to own actual Bitcoin?
On an exchange (Kraken)
Peer 2 Peer (Bisq)
Investing in ETF
Through a Bitcoin ATM
4. What does the B in the acronym BOLT stand for?
Blockchain
Basis
Blockstream
Bitcoin
5. Which well known Bitcoin OG develops the nostr client Iris?
Amir Taaki
Martii Malmi
John Carvalho
Tuur Demeester
6. Which job did Michael Saylor have as a kid?
McDonald's
Paperboy
Forklift operator
Surf teacher
7. The official Bitcoin wallet of El Salvador is called Chivo, what does that translate to?
Cash
Hope
Goat
It's a made up word.
8. In 2013 Dmitr Rassah Murashchick sold how many Bitcoin to purchase a Toyota Prius?
10 BTC
100 BTC
1000 BTC
10000 BTC
9. Which was the first notable Bitcoin Hardfork?
Bitcoin Cash
Bitcoin Unlimited
Bitcoin XT
Bitcoin Classic
10. Can you trace every single satoshi back to it's originating block?
Yes.
No.
11. What is not a common Mining Pool payout scheme?
Pay-per-share
Full-pay-per-share
Pay-per-last N Shares
Pay-per-View
12. What was the largest number of outputs in a single Bitcoin transaction?
13
130
1300
13000
13. What was the name of the very first delivered ASIC miner?
Butterfly Jalapeno
Avalon A1
Bitmain Antminer S1
Block Eruptor
14. Which elliptic curve is used in Bitcoins Public Key Cryptography?
Ed25519
Blowfish
Curve 256
Secp256k1
15. Which previously existing function was removed from Bitcoin Core version 0.8.0?
Pay to Pubkey
Mnemonic Seed
IP transactions
Blockchain pruning
16. How many hops can a lightning payment take until it reaches its destination?
Only one
27
1,300
There is no limit
17. Which of these is the oldest Bitcoin Exchange?
MtGox
LibertyX
Bitgrail
Bitcoinmarket. com
18. At that time in March 2010, what was the price of 1 Bitcoin?
$3
$0.30
$0.03
$0.003
19. What is the name of the boardgame that Ross Ulbricht invented in prison?
Much Ado About Mining
Macbethcoin
Merchants of Venice
Hodlet
20. Who invented the Proof of Work mechanism?
Adam Back & Hal Finney
Cynthia Dwork & Moni Naor
W. Diffie & M. Hellmann
Dan Boneh & Ben Lynn
21. What is the proposed alternative to the UTXO set that would allow Full Nodes to efficiently obtain and verify information about spent UTXOs and could dramatically speed up the Initial Block Download, called?
Yutee
Utreexo
UtEXo
UTXOracle
ANSWERS BELOW:
1. What is the smallest unit of Bitcoin in the lightning network called?
millisatoshi
2. Who or what decides the dollar price of a Bitcoin?
Supply & Demand
3. What is the worst way to own actual Bitcoin?
Investing in ETF
4. What does the B in the acronym BOLT stand for?
Basis
5. Which well known Bitcoin OG develops the nostr client Iris?
Martii Malmi
6. Which job did Michael Saylor have as a kid?
Paperboy
7. The official Bitcoin wallet of El Salvador is called Chivo, what does that translate to?
Goat
8. In 2013 Dmitr Rassah Murashchick sold how many Bitcoin to purchase a Toyota Prius?
1000 BTC
9. Which was the first notable Bitcoin Hardfork?
Bitcoin XT
10. Can you trace every single satoshi back to it's originating block?
No.
11. What is not a common Mining Pool payout scheme?
Pay-per-View
12. What was the largest number of outputs in a single Bitcoin transaction?
13000
13. What was the name of the very first delivered ASIC miner?
Avalon A1
14. Which elliptic curve is used in Bitcoins Public Key Cryptography?
Secp256k1
15. Which previously existing function was removed from Bitcoin Core version 0.8.0?
IP transactions
16. How many hops can a lightning payment take until it reaches its destination?
27
17. Which of these is the oldest Bitcoin Exchange?
Bitcoinmarket. com
18. At that time in March 2010, what was the price of 1 Bitcoin?
$0.003
19. What is the name of the boardgame that Ross Ulbricht invented in prison?
Merchants of Venice
20. Who invented the Proof of Work mechanism?
Cynthia Dwork & Moni Naor
21. What is the proposed alternative to the UTXO set that would allow Full Nodes to efficiently obtain and verify information about spent UTXOs and could dramatically speed up the Initial Block Download, called?
Utreexo
👇Play the 21 questions down in the poll now! 👇
Thank you to this month's sponsor @lrothbardian who paid 1,000,000 Sats!💰
1. What is the smallest unit of Bitcoin in the lightning network called?
Bits
millibitcoin
millisatoshi
Satoshi
2. Who or what decides the dollar price of a Bitcoin?
Bitcoin Core Developers
A sophistaced algorithm
Supply & Demand
Reptilian overlords
3. What is the worst way to own actual Bitcoin?
On an exchange (Kraken)
Peer 2 Peer (Bisq)
Investing in ETF
Through a Bitcoin ATM
4. What does the B in the acronym BOLT stand for?
Blockchain
Basis
Blockstream
Bitcoin
5. Which well known Bitcoin OG develops the nostr client Iris?
Amir Taaki
Martii Malmi
John Carvalho
Tuur Demeester
6. Which job did Michael Saylor have as a kid?
McDonald's
Paperboy
Forklift operator
Surf teacher
7. The official Bitcoin wallet of El Salvador is called Chivo, what does that translate to?
Cash
Hope
Goat
It's a made up word.
8. In 2013 Dmitr Rassah Murashchick sold how many Bitcoin to purchase a Toyota Prius?
10 BTC
100 BTC
1000 BTC
10000 BTC
9. Which was the first notable Bitcoin Hardfork?
Bitcoin Cash
Bitcoin Unlimited
Bitcoin XT
Bitcoin Classic
10. Can you trace every single satoshi back to it's originating block?
Yes.
No.
11. What is not a common Mining Pool payout scheme?
Pay-per-share
Full-pay-per-share
Pay-per-last N Shares
Pay-per-View
12. What was the largest number of outputs in a single Bitcoin transaction?
13
130
1300
13000
13. What was the name of the very first delivered ASIC miner?
Butterfly Jalapeno
Avalon A1
Bitmain Antminer S1
Block Eruptor
14. Which elliptic curve is used in Bitcoins Public Key Cryptography?
Ed25519
Blowfish
Curve 256
Secp256k1
15. Which previously existing function was removed from Bitcoin Core version 0.8.0?
Pay to Pubkey
Mnemonic Seed
IP transactions
Blockchain pruning
16. How many hops can a lightning payment take until it reaches its destination?
Only one
27
1,300
There is no limit
17. Which of these is the oldest Bitcoin Exchange?
MtGox
LibertyX
Bitgrail
Bitcoinmarket. com
18. At that time in March 2010, what was the price of 1 Bitcoin?
$3
$0.30
$0.03
$0.003
19. What is the name of the boardgame that Ross Ulbricht invented in prison?
Much Ado About Mining
Macbethcoin
Merchants of Venice
Hodlet
20. Who invented the Proof of Work mechanism?
Adam Back & Hal Finney
Cynthia Dwork & Moni Naor
W. Diffie & M. Hellmann
Dan Boneh & Ben Lynn
21. What is the proposed alternative to the UTXO set that would allow Full Nodes to efficiently obtain and verify information about spent UTXOs and could dramatically speed up the Initial Block Download, called?
Yutee
Utreexo
UtEXo
UTXOracle
ANSWERS BELOW:
1. What is the smallest unit of Bitcoin in the lightning network called?
millisatoshi
2. Who or what decides the dollar price of a Bitcoin?
Supply & Demand
3. What is the worst way to own actual Bitcoin?
Investing in ETF
4. What does the B in the acronym BOLT stand for?
Basis
5. Which well known Bitcoin OG develops the nostr client Iris?
Martii Malmi
6. Which job did Michael Saylor have as a kid?
Paperboy
7. The official Bitcoin wallet of El Salvador is called Chivo, what does that translate to?
Goat
8. In 2013 Dmitr Rassah Murashchick sold how many Bitcoin to purchase a Toyota Prius?
1000 BTC
9. Which was the first notable Bitcoin Hardfork?
Bitcoin XT
10. Can you trace every single satoshi back to it's originating block?
No.
11. What is not a common Mining Pool payout scheme?
Pay-per-View
12. What was the largest number of outputs in a single Bitcoin transaction?
13000
13. What was the name of the very first delivered ASIC miner?
Avalon A1
14. Which elliptic curve is used in Bitcoins Public Key Cryptography?
Secp256k1
15. Which previously existing function was removed from Bitcoin Core version 0.8.0?
IP transactions
16. How many hops can a lightning payment take until it reaches its destination?
27
17. Which of these is the oldest Bitcoin Exchange?
Bitcoinmarket. com
18. At that time in March 2010, what was the price of 1 Bitcoin?
$0.003
19. What is the name of the boardgame that Ross Ulbricht invented in prison?
Merchants of Venice
20. Who invented the Proof of Work mechanism?
Cynthia Dwork & Moni Naor
21. What is the proposed alternative to the UTXO set that would allow Full Nodes to efficiently obtain and verify information about spent UTXOs and could dramatically speed up the Initial Block Download, called?
Utreexo