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 digital form of money

A secure communication protocol

A type of encryption

What is the purpose of mining in cryptocurrency?

To create new coins and verify transactions

To encrypt communication channels

To secure digital identities

How is blockchain related to cryptocurrency?

It is a type of digital wallet

It is the underlying technology for cryptocurrency

It is a form of digital identity