Wednesday 9th August 2023
Difficulty: Easy
Bitcoin (Quiz #264)
Photo by Thought Catalog (Unsplash)
Bitcoin is probably the best known cryptocurrency. It was invented by an unknown person (or group of people) using the name Satoshi Nakamoto.
1. In what year was Bitcoin created?
2. In the first known commercial transaction using Bitcoin, Laszlo Hanyecz paid Jeremy Sturdivant 10,000 Bitcoins for the purchase of two...what?
3. In order to use a Bitcoin, you need to know its public address and its corresponding private key. If the private key is lost, the Bitcoin network will not recognize any other evidence of ownership and the coins are then unusable. Roughly what percentage of Bitcoins are estimated to have been lost in this way?
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