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What does 'NFT' stand for?
- Non-Fungible Token
- Non-Financial Token
- Non-Fundable Token
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What does 'DeFi' stand for?
- Deflation Finance
- Derivatives Finance
- Decentralised Finance
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Who created Bitcoin?
- Vitalik Buterin
- Satoshi Nakamoto
- Elon Musk
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The process of creating new bitcoins is known as?
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What does 'DAO' stand for?
- Decentralised Algorithmic Organisation
- Decentralised Autonomous Organisation
- Decentralised Anonymous Organisation
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What is the maxiumum number of bitcoins that can be created ?
- 21 million
- 16 million
- There is no maximum
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What is the 'circulating supply'?
- The tokens owned by a project's team and investors
- All tokens that can currently be bought or sold
- All tokens in existence
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What does TVL stand for?
- Total Value Listed
- Total Value Layer
- Total Value Locked
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What consensus mechanism will ETH use after The Merge?
- Proof of Stake
- Proof of History
- Proof of Authority
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What does IDO stand for?
- Initial Derivatives Offerings
- Initial Dex Offerings
- Initial Decentralised Offerings
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What powers the Ethereum Virtual Machine?
- Block rewards
- Ether (ETH)
- Gas
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What is the term used for when a blockchain splits?
- A fork
- A sidechain
- A division
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