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Factors Influencing Bitcoin Dominance

This quiz explores the factors influencing bitcoin dominance over altcoins. It includes questions related to the unique features of bitcoin and its impact on the cryptocurrency market.

How does Bitcoin's first-mover advantage impact its dominance over altcoins?

Brand Recognition

Regulatory Compliance

Network Effect

Which characteristic of Bitcoin sets it apart from altcoins?

High Transaction Speed

Low Energy Consumption

Limited Supply

What is the most significant feature of Bitcoin that contributes to its dominance over altcoins?

Decentralization

Smart Contracts

Proof of Stake