1)

The record of transactions held by the participants in a blockchain is referred to as which of the following?

Group of answer choices

Ledger

Coin

Non-fungible Token

Chain

2)

The discretionary expansion and contraction in the number of Bitcoin is referred to as which of the following?

Group of answer choices

None of these. The growth in Bitcoin is determined according to its protocol.

Monetary Policy

Bitcoin Mining

Crytopolicy

3)

Which of the following is an importance difference in Bitcoin and Ethereum?

Group of answer choices

Ethereum allows for the existence of self-executing contracts

Bitcoin uses a ledger system

Ethereum is controlled by a central bank

Bitcoin transactions are conducted on a peer-to-peer network

4)

Which of the following authorities is responsible for the approval of new crypto currencies in the United States?

Group of answer choices

None. Crypto currencies currently exist outside regulatory control.

Federal Reserve Bank

Federal Trade Commission

Comptroller of the Currency

5)

What is not one of the more pressing issues with crypto currencies broadly?

Group of answer choices

The ledgers are easily hacked

Many require substantial energy use for mining

Transactions can at times take a substantial amount of time to clear

Novice users dont always understand the related risks