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Topic: BITCOINTALK unofficial quiz NOVEMBER Edition. (Read 386 times)

sr. member
Activity: 448
Merit: 560
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November 04, 2024, 04:48:00 PM
#22
We've had some pretty nice answers to the quiz lately. However I will be updating the thread soon enough with the answers to all the quiz questions. I'll likely be doing that very close to the end of this week in preparation for next week's quiz edition. Do well to test yourself if you haven't and avoid copying external resources if you can't answer a question simply indicate by putting skip.

Feel free to suggest improvements for the contest in later editions as Time goes on to make the whole experience more interesting Thumbs up to those who have attempted so far and double thumbs up for those that have made suggestions in addition too for further improvement.
sr. member
Activity: 420
Merit: 315
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Segwit spending transactions, Segwit spending payments, and payments and blocksize charts can elaborate Segwit adoption and unused Bitcoin block capacity.
So unused Bitcoin block capacity is the reason average is still around 1.7MB despite Segwit increase adoption to legacy.

I don't really get this part
When I checked before I saw a site https://ycharts.com/indicators/bitcoin_average_block_size that stated 1.706Mb and felt it was a mistake
Since I'm aware of the 1Mb limit.
Is Segwit considered among the average?
SegWit is not something separate to not be considered. It is part of the protocol and witnesses are part of transactions so they are part of the blocks and are contributing to the size.

Okay I think I understand what you meant by Segwit not been separate from the traditional Blocksize.
Size is measured in weight and Segwit is 'lighter' than Legacy
So 4MB of Segwit is 1MB of legacy. Traditional limit wasn't changed
Segwit just made it possible to have 4MB in place of the 1MB because of it's 'lightness'
hero member
Activity: 2366
Merit: 838
But because not all transactions have witness (people still use legacy) and not all witnesses are big, the block size is usually about 1.6-1.7 MB.
Segwit has better adoption since 2017 especially since the last bull market in 2020 and 2021 years. People still use Legacy but they are using Segwit more than past years, it's good adoption for Segwit and can help other Bitcoin users too by minimizing effects on Bitcoin mempools.

Segwit spending transactions, Segwit spending payments, and payments and blocksize charts can elaborate Segwit adoption and unused Bitcoin block capacity. Many Bitcoin blocks are not full in capacity.
https://transactionfee.info/charts/transactions-spending-segwit/
https://transactionfee.info/charts/payments-spending-segwit/
https://transactionfee.info/charts/payments-and-blocksize/

This chart for Legacy to SegWit inputs transition is interesting. It shows that Legacy usages are dying and Segwit usages are increasing a lot and recently it is about 97% inputs are Segwit, 3% inputs are Legacy.
https://transactionfee.info/charts/transactions-segwit-transition/
legendary
Activity: 3472
Merit: 10611
I don't really get this part
When I checked before I saw a site https://ycharts.com/indicators/bitcoin_average_block_size that stated 1.706Mb and felt it was a mistake
Since I'm aware of the 1Mb limit.
Is Segwit considered among the average?
SegWit is not something separate to not be considered. It is part of the protocol and witnesses are part of transactions so they are part of the blocks and are contributing to the size.

Back in 2017 with the SegWit soft-fork the capacity limit (1 MB block size) was changed from being base on size to be based on weight (4 MB block weight). To put simply bitcoin blocks have been able to be bigger than 1 MB; and the more SegWit transactions with bigger witnesses these blocks include, the bigger their raw byte is going to be.
You can see big blocks here with 4 MB raw byte size if you sort like this:
https://blockchair.com/bitcoin/blocks?s=size(desc)#f=id,hash,transaction_count,size,time

But because not all transactions have witness (people still use legacy) and not all witnesses are big, the block size is usually about 1.6-1.7 MB.
sr. member
Activity: 672
Merit: 416
stead.builders
Let me put in my little effort as a first trial whether i could get some right or not, the questions could be teasing as well as being educative and informative, thanks for the initiative.

I couldn't answer question 4

1. Everyone likes flexible transactions and nice fee's well that was the initial aim of the SEGWIT protocols however what year was it implemented?

The year was 2017

2. what is the average size of a block ?

Appriximately 1 megabyte

3. well talking about mining bitcoin blocks, exactly 144 blocks are minned per day is this true?

Its not been precise to be 144, is was approximated

5. well Satoshi Nakamoto is called "PSEUDENONYMOUS ENTITY " because?

Because we dont know if he is a single entity or group and this remain unknown

6. How many Halloween contests has been hosted on bitcointalk?

4 maybe

7. what year was the biggest altcoin Ethereum launched?

year 2015

8. Did you just answer the previous question well you were supposed to skip it it's a bitcoin quiz remember?

funny

9. How many BITCOINS are in the first bitcoin address (THE GENESIS ADDRESS)?

50 as at then, not sure of now.

10. Speaking of the genesis address, why wasn't its coins spent?

holder knew it could turned to something magnanimous one day

11. Now a bonus question, what year was the digital GOLD launched?

2009

12. If Satoshi sends some bitcoin to Mia can Mia do an RBF without CPFP first?

i dont think so

13. The genesis address is a SIGWIT address.

false

14. Bitcoin is a volatile currency.

true

15. I can receive bitcoins with my change address.

true
sr. member
Activity: 420
Merit: 315
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2. what is the average size of a block ?
Usually it is about 1.7 MB but sometimes the protocol abusers spam the chain with arbitrary data injected in the witness parts of transactions and increase that.

[/quote] I don't really get this part
When I checked before I saw a site https://ycharts.com/indicators/bitcoin_average_block_size that stated 1.706Mb and felt it was a mistake
Since I'm aware of the 1Mb limit.
Is Segwit considered among the average?
LDL
hero member
Activity: 742
Merit: 671
1. Segwit protocol implemented August 2017
2. The average size in Bitcoin blockchain technology is 1 megabyte.
3. 144 blocks are minned per day , true
4. No , remains same as before
5. PSEUDENONYMOUS ENTITY means no proof.
6. 2, 1st 2022, 2nd 2024
7. Ethereum launched at 30 July 2015
8. Pass
9. 50
10. Maybe Satoshi forgot to send it.
11. No Idea
12. Mia knows that
13. False, Sigwit word mistake, right segwit
14. True, bitcoin volatile currency
15. I don't know
hero member
Activity: 882
Merit: 501
1. Everyone likes flexible transactions and nice fee's well that was the initial aim of the SEGWIT protocols however what year was it implemented?
2017

2. what is the average size of a block ?
~0.8mb

3. well talking about mining bitcoin blocks, exactly 144 blocks are minned per day is this true?
Not exactly 144, so false. Smiley

4. If mining hardwares were doubled does that mean number of blocks  mined per day would be doubled ?
No, simple as that.

5. well Satoshi Nakamoto is called "PSEUDENONYMOUS ENTITY " because?
Because nobody knows his true identity, whether it's one person or a group.

6. How many Halloween contests has been hosted on bitcointalk?
2

7. what year was the biggest altcoin Ethereum launched?
Who cares? We are in BTCT! Grin

8. Did you just answer the previous question well you were supposed to skip it it's a bitcoin quiz remember?
Roll Eyes Embarrassed Lips sealed

9. How many BITCOINS are in the first bitcoin address (THE GENESIS ADDRESS)?
50+

10. Speaking of the genesis address, why wasn't its coins spent?
I'm not Satoshi to know.

11. Now a bonus question, what year was the digital GOLD launched?
Once again, who cares? We are in BTCT!

12. If Satoshi sends some bitcoin to Mia can Mia do an RBF without CPFP first?
No. Mia can only wish and wait.

13. The genesis address is a SIGWIT address.
False.

14. Bitcoin is a volatile currency.
True.

15. I can receive bitcoins with my change address.
True.


Thank you for this quiz, it was fun! Expecting more like that... Cool
legendary
Activity: 1022
Merit: 1341
This is nice one but since you are a developer indicated in your of your comments. You can make it more mature way like the way Icopress did in January 14, 2022 in the thread https://bitcointalksearch.org/topic/quiz-2023-history-of-bitcoin-and-bitcointalk-5381367 and in this way https://app.involve.me/bitcointalk/test-your-bitcointalk-know-how so that it is only the results are displayed here. Though everyone has their method of administering a test or a quiz but using a sub survey site to do it will look neat. I believed you can think to do that in your next quiz. All for fun.


  • 2017
  • 8 MB
  • False
  • Yes
  • because nobody knew him
  • I have met 2.
  • for private purpose
  • 2015
  • yes
  • Satoshi knows what is inside
  • 2009
  • No.
  • False
  • True
  • True.
sr. member
Activity: 504
Merit: 266
Let's GO!!!

  • 1. Everyone likes flexible transactions and nice fee's well that was the initial aim of the SEGWIT protocols however what year was it implemented?

  • 2. what is the average size of a block ?

  • 3. well talking about mining bitcoin blocks, exactly 144 blocks are minned per day is this true?

  • 4. If mining hardwares were doubled does that mean number of blocks  mined per day would be doubled ?

  • 5. well Satoshi Nakamoto is called "PSEUDENONYMOUS ENTITY " because?

  • 6. How many Halloween contests has been hosted on bitcointalk?

  • 7. what year was the biggest altcoin Ethereum launched?

  • 8. Did you just answer the previous question well you were supposed to skip it it's a bitcoin quiz remember?

  • 9. How many BITCOINS are in the first bitcoin address (THE GENESIS ADDRESS)?

  • 10. Speaking of the genesis address, why wasn't its coins spent?

  • 11. Now a bonus question, what year was the digital GOLD launched?

  • 12. If Satoshi sends some bitcoin to Mia can Mia do an RBF without CPFP first?


Now for some TRUE / FALSE questions

  • 13. The genesis address is a SIGWIT address.

  • 14. Bitcoin is a volatile currency.

  • 15. I can receive bitcoins with my change address.



1. 24-08-2017
2. 1~4 MB
3. True
4. Skipped
5. His identity has not been ascertained so far.
6. 2 times
7. 30 July 2015
8. I know above quiz answers before
9. 100 BTC
10. Satoshi Nakamoto himself knows why it wasn't sent.
11. BTC a digital gold, 2009
12. Mia would be second Satoshi
13. False, Sigwit not segwit
14. True
15. False
legendary
Activity: 3472
Merit: 10611
1. Everyone likes flexible transactions and nice fee's well that was the initial aim of the SEGWIT protocols however what year was it implemented?
The main goal was actually to fix the transaction malleability while also increasing the capacity.
SegWit was "implemented" a couple of years before its "activation" (around 2015 IIRC) and the implementation was improved until it was activated in 2017.

Quote
2. what is the average size of a block ?
Usually it is about 1.7 MB but sometimes the protocol abusers spam the chain with arbitrary data injected in the witness parts of transactions and increase that.

Quote
3. well talking about mining bitcoin blocks, exactly 144 blocks are minned per day is this true?
Nothing in PoW which is based on chance, is exact Tongue

Quote
4. If mining hardwares were doubled does that mean number of blocks  mined per day would be doubled ?
The number of blocks found per day would be doubled until we reach the next difficulty adjustment target which is 2016 blocks (about 2 weeks under normal circumstances).

Quote
5. well Satoshi Nakamoto is called "PSEUDENONYMOUS ENTITY " because?
Because Satoshi was an entity that was pseudenonymous LOL

Quote
  • 6. How many Halloween contests has been hosted on bitcointalk?
I don't really follow that!

Quote
7. what year was the biggest altcoin Ethereum launched?
Who cares Tongue

Quote
8. Did you just answer the previous question well you were supposed to skip it it's a bitcoin quiz remember?
Shitcoins are always a burden for Bitcoin anyways Wink

Quote
9. How many BITCOINS are in the first bitcoin address (THE GENESIS ADDRESS)?
0.18225651BTC

Quote
10. Speaking of the genesis address, why wasn't its coins spent?
You should ask Satoshi why he never touched any of his coins including what is locked behind the Genesis block's key.

Quote
11. Now a bonus question, what year was the digital GOLD launched?
Who cares Tongue

Quote
12. If Satoshi sends some bitcoin to Mia can Mia do an RBF without CPFP first?
I find this question a bit weird Tongue RBF is for transactions where you are the spender. Whether the parent is confirmed or not you can spend it and mark your tx as RBF. CPFP can be used for unconfirmed transactions regardless of the RBF.

Quote
13. The genesis address is a SIGWIT address.
False!
But it can be Tongue considering Genesis output is not an address to begin with, it is a P2PK output (without address) and like those who made a P2PKH address from the public key and sent coins to it, one can create a P2WPKH (and any other type) from that pubkey and send coins to it too...

Quote
14. Bitcoin is a volatile currency.
True!

Quote
15. I can receive bitcoins with my change address.
True!
hero member
Activity: 2856
Merit: 674
1. 2017
2. 1 MB
3. False
4. No.
5. Because no one knows if he is just one person or a group of people.
6. 2
7. 2015
8. okay. crushing it.  Grin
9. 50
10. Because satoshi didn't want to.
11. You are trying to trick me again, that's not a bitcoin question.
12. If you replace that name to "Sanitough", I could give my answer.
13. FALSE
14. TRUE
15. TRUE
sr. member
Activity: 420
Merit: 315
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1. Segwit 2017
2. Average approximately 1mb ,Segwit at most 4mb
3. Approximately 144 (a block around 10min)
4. Not really , network difficulty adjustment can't be neglected
5.Nobody bearing the name meets the portfolio i.e unknown
6. 2022 & 2024
7.skip
8. Skip
9. 50
10. Because the Genesis block has been hard-coded not to be spent. Block 0 foundation of all
11.2009 (if you talking about what Bitcoin is usually called but if not. Lol kindly skip)
12.No
13.false
14.True (if compared to Gold or other relatively stable asset) false when compared to most Shitcoins.
15.True



Personal opinion , I think most of these answers can be gotten via web and not to mention
Individuals would just copy answers similar across the thread or from reputable members.
jr. member
Activity: 97
Merit: 7
November 02, 2024, 07:18:57 AM
#9
1. August 2017 and it was actived Aug 24th 2017

2. It was 1mb before SEGWIT, then is now 4mb

3. Yes because 24 hours divided by 10 minutes per block gives 144

4. No because the system called " difficulty adjustment" will have to be applied.

5. Because he's anonymous, his identify is hidden and no one knows if he's a group or one person.

6. Guess 4 but I have only witness one

7. No ideal

8. Lol. No I didn't

9. 50 Bitcoin which was January 3rd 2009 if I'm correct.

10. For it to serve as symbol representing the first block or a reward for mining the first block.

11. No idea

12. Skip

13. Skip

14. Skip

15. Skip
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
November 02, 2024, 06:16:33 AM
#8
  • 2017.
  • The average size of a block is the blockchain size divided by all the total number of blocks, which will get to something around 0.8 MB, I think.
  • No. Approximately 144.
  • Assuming you turn these machines on, then yes, it would double the number of blocks mined per day, until the next difficulty adjustment.
  • I guess because there is no man named like that?
  • No idea. Best guess: 2.
  • Nope.
  • Exactly.
  • In the address? 50.18220191.
  • Again, of the address? Only Satoshi knows. But, if you're asking of the public key which received the genesis block reward, then they are unspendable.
  • No idea what's that.
  • No.
  • False. Plot twist: There is no genesis addressCheesy
  • N/A. Something is volatile in comparison to something else, just as something is stable in comparison to something else.
  • True.
sr. member
Activity: 490
Merit: 346
Let love lead
November 02, 2024, 02:53:19 AM
#7

  • 1. 2017, was suggested by a Piete wullie in 2015 and was later implemented in 2017


  • 2. 0.7928MB



  • 3. Its close, but not exact, 144 blocks is an average, but can vary slightly (lower or higher) but on the average, that number seems more reliable


  • 4. No, the hash rates can increase temporarily and more blocks mined, but the network difficulty would adjust it to maintain the average of 144 blocks per day


  • 5. The name being associated to a person or a group remains unknown and their actual Identities remains a mystery.



  • 6. maybe 2 or 3

  • 7. SKIP


  • 8. YES, before you straightened me up

  • 9. 50 bitcoins

  • 10. It could not be spent because its non-existent in the UTXO database


  • 11. SKIP again


  • 12. NO, only Satoshi as the sender can do RBF, Mia can only do CPFP

  • 13. FALSE


  • 14. TRUE


  • 15. TRUE



full member
Activity: 28
Merit: 7
Memory of o_e_l_e_o
November 02, 2024, 01:22:51 AM
#6
Mia Chloe Bro, What more can be answered here? I saw some people answered earlier. So if someone else knows the answer to that question, he also needs to answer it?

I think since you gave it in quiz form you should have given some rules regulation.  For example:

 1.  Posts may not be edited or deleted.
 2.  You can answer as many as you want.
 3.  After you post, you cann't post a second time unless someone else is replying.
 4.  If no one can give a correct answer then I will.
 5.  One's correctly answered question cannot be posted a second time.

I think it should be like this. But it is not compulsory for you can do whatever you like.  But it is better to maintain quiz topics like this. Thank you.
?
Activity: -
Merit: -
November 02, 2024, 12:19:11 AM
#5
1 i believe the segwit protocol was implemented between 2017/2018

2 average size of a block is 1mb

3 yes, that is true
true

4. I don't know this one

5 because he is unknown (easy)

6 I don't know, I just joined

7 2015

8 😅😅

9 I think between the rang of 50-60 I can't remember the actual number

10 due to the way it was coded, making It unspendable

11 2007

12 yes of course

13 false (I think)

14 true

15 true

sr. member
Activity: 504
Merit: 279
November 01, 2024, 04:43:11 PM
#4
1. The protocol was first developed in 2015 but was activated on 24th August 2017 by Pieter Wuille; it is more for transaction malleability than for scalability,

2. 1MB is the average size but since the SegWit fork where transaction are base on weight units it is 4,000,000 weight unit (assume 4MB, if all transactions are in SegWit)

3. No the 144 blocks are the average to be mined a day base on the average 10 minutes to mine a block but this does varies and can be more or less due to the mining rate (difficulty) of the hardwares which are sometimes more or less than 10 minute

4. It will be base on the hashrate if it increases the block will be mine faster but doubling its doesn’t necessarily mean it will function twice. This is also corrected after 14 days as the term called difficulty adjustment

7. 30 July 2015

9. 50 bitcoins

10. Maybe because it was said that the coin base transaction wasn’t added to the global transaction database as I read and as such all nodes will reject.

12.  No Mia can only do a CPFP because he is the recipient. Only the sender can do a RBF

13. False

14. True

14. True


All the answers are on the forum
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
November 01, 2024, 04:31:12 PM
#3
Perhaps I'm not perfect but from a quick Google search and with my little forum knowledge combine here is my answer.

1. It was implemented in the year 2017 August by Peter wuilier but he first introduced it in a conference in 2015.

2. The average size of a Bitcoin block is approximately 2-4 MB, since the introduction of SegWit in 2017 but it can vary depending on the transactions included.

3. An average of one block is mined every 10 minutes, so it's probably true that 144 blocks are mined every 24hrs.

4. The Bitcoin protocol's difficulty adjustment mechanism makes it difficult for blocks mines per day to be doubled but it could increase based on my knowledge which could be wrong.

5. because his true identity has remain anonymous ever since.

6. I have been only here for 2 years, and only two Halloween contest have I witnessed. I don't know the exact number that has been hosted. ..... still making research.

7. Skip

8. Skip again.

9. The Genesis Address has nothing less than 50BTC in it.

10. The coins in the Genesis Address were not spent because Satoshi Nakamoto never wanted them to be spent based on my own gesture or but folks have other opinions about it.

11. The Paradigmic event of Bitcoin took place in 2009.

12. No. Mia is not the sender, only the sender can do the Replace By Fee (RBF) action without CPFP.


13. False. It's a Legacy address

14. True. Bitcoin is a volatile currency.

15. False. You can't receive your change address since it's created for leftover funds in your wallet.
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