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Understanding Cryptocurrency

This quiz is designed to test your knowledge of cryptocurrency and blockchain technology. It includes questions related to the concept of crypto and its applications in the digital world.

What is cryptocurrency?

A secure communication protocol

A digital form of money

A type of encryption

How is blockchain related to cryptocurrency?

It is the underlying technology for cryptocurrency

It is a form of digital identity

It is a type of digital wallet

What is the purpose of mining in cryptocurrency?

To encrypt communication channels

To secure digital identities

To create new coins and verify transactions