Abstract - Assessment 1

1.The Bitcoin transaction history is:

Public

Private

Anonymous

Store of Value

2.The Bitcoin protocol is limited only by the__________________rather than arbitrary parameters.

Blocksize

Wallets

Economics of processing each transaction

Lack of users running their own full nodes

3.Which part of the transaction do the transaction processors create?

The coins

The signatures

The script

None of it

4.How much do transaction processors take for writing a transaction to the ledger?

One coin

1%

Nothing

A sufficient value acceptable to transaction processors