CosmoCrixter on Nostr: A little Bitcoin quiz I made for some friends’ teenage kids. I made it so they ...
A little Bitcoin quiz I made for some friends’ teenage kids. I made it so they could research and learn and earn 100K sats.
1. What message did Satoshi Nakamoto print in the Bitcoin network’s Genesis block?
2. By what percent has Bitcoin appreciated in USD value in 2023 so far?
3. What is the maximum number of bitcoins that will ever exist?
4. Currently, approximately how many new bitcoins are produced each day?
5. What is the halving?
6. What was The Dickening?
7. Approximately what year will the very final bitcoin be produced?
8. What do the letters in ASIC stand for?
9. Who received the first bitcoin transaction?
10. Briefly explain what “difficulty adjustment” means as it pertains to Bitcoin production/mining.
11. Briefly explain what “hashrate” means as it pertains to Bitcoin.
12. What is a bitcoin node and who can run one?
13. Briefly explain “the Blockchain trilemma.”
14. What is the Lightning Network?
15. The first publicly known Bitcoin transaction took place on May 18, 2010, and the buyer bought two pizzas using bitcoin. How many bitcoins did he pay and roughly how much would those coins be worth (in USD) today?
16. Briefly explain the differences between a proof-of-work and a proof-of-stake protocol?
17. Briefly explain the difference between a custodial and non-custodial Bitcoin Wallet.
18. What is the state with the most bitcoin mining units AND the most renewable energy in the USA?
19. Currently in the USA, renewable energy sources account for about 21.5% of total utility-scale electricity generation. What percentage of the Bitcoin network’s energy usage is renewable?
20. How is Bitcoin mining contributing to electrical grid-rebalancing and the mitigation of harmful methane emissions from landfills and fossil fuel production facilities?
21. Design your own interesting Bitcoin question.
1. What message did Satoshi Nakamoto print in the Bitcoin network’s Genesis block?
2. By what percent has Bitcoin appreciated in USD value in 2023 so far?
3. What is the maximum number of bitcoins that will ever exist?
4. Currently, approximately how many new bitcoins are produced each day?
5. What is the halving?
6. What was The Dickening?
7. Approximately what year will the very final bitcoin be produced?
8. What do the letters in ASIC stand for?
9. Who received the first bitcoin transaction?
10. Briefly explain what “difficulty adjustment” means as it pertains to Bitcoin production/mining.
11. Briefly explain what “hashrate” means as it pertains to Bitcoin.
12. What is a bitcoin node and who can run one?
13. Briefly explain “the Blockchain trilemma.”
14. What is the Lightning Network?
15. The first publicly known Bitcoin transaction took place on May 18, 2010, and the buyer bought two pizzas using bitcoin. How many bitcoins did he pay and roughly how much would those coins be worth (in USD) today?
16. Briefly explain the differences between a proof-of-work and a proof-of-stake protocol?
17. Briefly explain the difference between a custodial and non-custodial Bitcoin Wallet.
18. What is the state with the most bitcoin mining units AND the most renewable energy in the USA?
19. Currently in the USA, renewable energy sources account for about 21.5% of total utility-scale electricity generation. What percentage of the Bitcoin network’s energy usage is renewable?
20. How is Bitcoin mining contributing to electrical grid-rebalancing and the mitigation of harmful methane emissions from landfills and fossil fuel production facilities?
21. Design your own interesting Bitcoin question.