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Which attribute of money is unique to cryptocurrency? o it is a fungible store of value which serves as a medium of exchange It can

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Which attribute of money is unique to cryptocurrency? o it is a fungible store of value which serves as a medium of exchange It can be divided into smaller portions and used for different sizes of transaction O its a predictable, fixed monetary supply It is durable and able to provide a fasting store of value Confirm What is the primary difference between cryptocurrency and a blockchain? Cryptocurrency in a medium of exchange, but blockchains ate a store of value O Cryptocumency is a new type of money, and blockchains are the enabling technology O Blockchart are cryptographically secure and cryptocurrency is not O Hockhara una correlated to cryptocurrency Confirm What accurately describes Bitcoin? O Bitcoin is a cryptocurrency that provides a stable unit of account O Bicon was created as a way to pay for goods and services on the block ribolt O Bitcoin may not be used as a medium of exchange O Bloon was the first example of blockchain technology Confirm How might blockchain technology potentially address a common business need? The need for liquidity being able to send value to anyone in the world 24/7 without being constrained by banking hours O Elminating all types of fraud in all business applications O reducing the need for the parties from many to just one Viritying transactions by having to ask only the sender Confirm Which is not a core component of blockchain technology? O Apeer-to-peer network O A common ledger O A con sus mechanism O A fed monetary sucaly Confirm What is the unique value proposition of public key cryptography O Bitcoin miner's need both the public and private keys to validate a transaction O The person sending crvotocurrency never events the private key o Private keys are mathematically derived from public keys O Apublic address is aceptible to theft of cryptocurrency Confirm What does the proof of work consensus mechanism achieve? O Provides a platform where miners have to pay to compete for block rewards O Flexibility to switch to witch to proof of stake consensus modes The computational power necessary to win a block erward O Creates an incentive for untrusted third parties to act honestly Confirm The push versus pull paradigm fundamentally shifts what? The authority from a third party to the user who pushes value to the recipient O P compliance from the merchants to end users The risk of traod from end users to merchants Thereed for an end user to care tribute a public address Confirm How is the custody, responsibility, and control of assets different with cryptocurrency than with traditional currencies? Users dont have a choice for how to manage their cryptocurrency O Auer who holds private keys has 100 percent custody, responsibility and control of assets o User still have 100 percent custody of cryptocurrency held on a centralized exchange Users who maintain tull outtody of their cryptocurrency do not have to be responsible for managing it. Confirm Which attribute of money relates to the ability to be the same as or interchange with any other unit? O Durability O Portat O Divisiblity O Fungibility Confirm

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