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?

Network Effect

Brand Recognition

Regulatory Compliance

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

Smart Contracts

Decentralization

Proof of Stake

Which characteristic of Bitcoin sets it apart from altcoins?

Low Energy Consumption

High Transaction Speed

Limited Supply