Beginner

Monero Fundamentals Quiz

Test what you've learned about Monero, its privacy, and its history.

Taken 63 times so far.

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What does Monero hide on every transaction by default?

The amount and sender, but not the receiver Only your IP address, not the transaction details Sender, receiver, and amount The sender and receiver, but not the amount

What is fungibility?

Every coin is equal and interchangeable Each coin carries a history others can inspect Coins can be frozen if they are flagged as suspicious Coins gain value the longer you hold them

How was Monero launched?

A fair launch with no premine An ICO that sold tokens to early investors A token sale run by a registered company A small premine reserved for the core developers

Why does Monero have a 'tail emission'?

To fund the core development team's salaries It doesn't, the reward drops to zero eventually To steadily devalue the coin over time To keep miners paid and the network secure long-term

What ultimately gives Monero its value?

A built-in protocol promise that its market price can never fall Its usefulness as private money, its scarce sound supply, and a network that accepts it A government treasury that guarantees its price will hold A company that keeps cash reserves backing every coin in circulation

Which statement about Monero's price versus its value is most accurate?

Price and value are the same number and never move apart Its value comes purely from short-term trading speculation Price is volatile and market-set, while the underlying value is its utility as sound, private money It has no real value because no government stands behind it

Where does the name 'Monero' come from?

It is the Esperanto word for 'coin' It is short for 'monetary anonymity' It is Latin for 'hidden coin' It is named after its pseudonymous founder

Bytecoin, the first CryptoNote coin, had what serious flaw?

About 80% of its coins had been secretly mined before the public knew of it It relied on a single server the developers controlled Its privacy could be broken with simple chain analysis Its supply was uncapped and inflated quickly

Which technology hides the receiver of a Monero transaction?

Stealth addresses Ring signatures RandomX RingCT

Q10

Why is Bitcoin described as pseudonymous rather than anonymous?

Its addresses change automatically with each payment It encrypts amounts but leaves addresses visible It records the receiver but hides the sender Every transaction is public and addresses can be linked to real people

Q11

How is Monero's development funded, given there is no company behind it?

By a small fee skimmed from each block reward By venture capital firms that fund the core team By a foundation that sells reserved coins as needed Through the Community Crowdfunding System, where people donate to public proposals

Q12

How much is Monero's permanent tail emission per block?

0.6 XMR, but halving every four years An amount that shrinks slightly each year A fixed 0.6 XMR per block, forever Zero, since emission ended permanently in 2022

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