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What are the most accurate answers to the Coinbase graph quiz on cryptocurrencies?

avatarBILL YOFDec 26, 2021 · 3 years ago3 answers

I recently took the Coinbase graph quiz on cryptocurrencies and I'm wondering what the most accurate answers are. Can someone provide me with the correct answers and explanations for each question on the quiz?

What are the most accurate answers to the Coinbase graph quiz on cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Here are the most accurate answers to the Coinbase graph quiz on cryptocurrencies: 1. Question: What is the total market capitalization of Bitcoin? Answer: The total market capitalization of Bitcoin is the sum of the market value of all existing bitcoins. It can be calculated by multiplying the current price of Bitcoin by the total number of bitcoins in circulation. 2. Question: Which cryptocurrency has the highest trading volume? Answer: The cryptocurrency with the highest trading volume is usually Bitcoin, followed by Ethereum. 3. Question: What is the difference between a soft fork and a hard fork? Answer: A soft fork is a backward-compatible upgrade to the blockchain protocol, while a hard fork introduces changes that are not backward-compatible. Soft forks do not result in the creation of a new cryptocurrency, while hard forks can lead to the creation of a new cryptocurrency. I hope this helps! If you have any more questions, feel free to ask.
  • avatarDec 26, 2021 · 3 years ago
    Hey there! I can help you with the Coinbase graph quiz on cryptocurrencies. Here are the correct answers: 1. Question: What is the total market capitalization of Bitcoin? Answer: The total market capitalization of Bitcoin is the combined value of all bitcoins in circulation. It is calculated by multiplying the current price of Bitcoin by the total number of bitcoins. 2. Question: Which cryptocurrency has the highest trading volume? Answer: Bitcoin usually has the highest trading volume, followed by Ethereum. 3. Question: What is the difference between a soft fork and a hard fork? Answer: A soft fork is a backward-compatible upgrade to the blockchain, while a hard fork introduces changes that are not backward-compatible and can result in the creation of a new cryptocurrency. Feel free to reach out if you have any more questions!
  • avatarDec 26, 2021 · 3 years ago
    Certainly! Here are the most accurate answers to the Coinbase graph quiz on cryptocurrencies: 1. Question: What is the total market capitalization of Bitcoin? Answer: The total market capitalization of Bitcoin is calculated by multiplying the current price of Bitcoin by the total number of bitcoins in circulation. 2. Question: Which cryptocurrency has the highest trading volume? Answer: Bitcoin typically has the highest trading volume, followed by Ethereum. 3. Question: What is the difference between a soft fork and a hard fork? Answer: A soft fork is a backward-compatible upgrade to the blockchain, while a hard fork introduces changes that are not backward-compatible and can result in the creation of a new cryptocurrency. If you need further assistance, feel free to ask!