What are the forms of a private key? A. QR Code B. 256 character long binary code C. 64 digit hexadecimal code D. All of the above What's the difference between Mining vs. Stacking? A. Mining is to add blocks to a chain whilst stacking is holding on to them for a fixed term B. Mining is to hold on to coins for a while to gain value whilst stacking is when you perform transactions to increase the coin's value C. Mining is when you look for blockchains to add to your wallet whilst staking is holding on to them for a long time D. Mining is when you increase the value of your cryptocurrency by holding them for a long time whilst stacking is when you look for other cryptocurrency to make more money What is the difference between a hot and cold wallet? A. Hot wallet only exist for some cryptocurrencies whilst a cold wallet exists for all cryptocurrencies B. Hot wallet is connected to the internet whilst a cold wallet is not C. Hot wallets work with cold wallet to gain access to a blockchain D. Hot and Cold wallets don't differ What key can encrypt a transaction and what key can decrypt a transaction? A. A maintenance key can encrypt a transaction and a breakdown key can decrypt it B. A public key can encrypt a transaction and a private key can decrypt it C. An access key can encrypt and also show the address of the wallet, whilst a deaccess can decrypt and prohibit people from accessing the wallet D. A private key can encrypt a transaction and a public key can decrypt it What are the differences between a coin and a token? A. Coins are used as the primary form of cryptocurrency whilst a token is used to increase security on that cryptocurrency B. Coins exist before a token is created C. Coins and tokens are the same and are interchangeable D. Coins are built on their own blockchain, and tokens are built on existing blockchains Does the cryptocurrency leave the blockchain during a transaction? A. Yes B. No What is a hash? A. Hash is a function to map data of arbitrary size to a fix-sized value B. Hash is a type of cryptocurrency that can be exchanged C. It's used to evaluate the value of a cryptocurrency in that period of time D. Hash is used to make blockchains more accessible for exchanges What's the difference between a cryptocurrency vs a fiat currency? A. Cryptocurrency is recognized by the government as a legitimate tangible form of money whilst a fiat currency doesn't B. Fiat is backed by a commodity whilst cryptocurrency is not C. Fiat currency is used internationally whilst cryptocurrency is used domestically D. Cryptocurrency isn't money that is issued and backed by the government What are the 3 different types of software wallets? A. Web wallet B. Mobile wallet C. Digital Wallet D. Desktop wallet Multiple Choice