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Crypto Quizz
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1. Rate your level of understanding of Blockchain & Crypto:
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1 - Very Low, I am confused / I know close to nothing.
2 - Low,I know a bit but I am not able to explain properly.
3 - Medium, I understand the basics
4 - High, I can explain the subject to beginners.
5 - Very high, I just seek to keep the pace with this fast-changing industry.
2. In blockchain, the most essential parts are :
Blocks, chainlinks, oracles, and market-makers
Blocks, nodes, and transactions
Chains, nodes, links, payments
I don’t know
3. What is Ether’s connection to Ethereum?
They are just different names for the same cryptocurrency
Ether is a cryptocurrency, Ethereum is a blockchain platform
Ethereum is a cryptocurrency, Ether is a blockchain platform
I don't know
4. What is a CBDC?
A way of encoding information on a blockchain
A reward you get for lending Bitcoin
A digital currency issued by a central bank
I don't know
5. What is staking?
Pledging your tokens for use to to help verify transactions
Slang for buying cryptocurrency
Lending your cryptocurrency to other users
I don't know
6. What is a rugpull?
An alternative cryptocurrency
The crypto equivalent of a pump and dump
Slang for teasing someone about their crypto purchases
I don't know
7. The Bizantine General problem is :
A problem faced by the internet (Web2) that crypto (Web3) solves
A problem illustrating the need of reaching consensus
The main problem why crypto is not trusted by governments
I don’t know
8. Name the two networks which are not a blockchain:
Bitcoin and Ethereum
Cardano and Solana
Fantom and Hedera
I don't know
9. Proof of Work, Proof of Stake, Proof of History…. All these are:
Type of programming languages used in blockchain
Consensus mechanisms
Information needed to create crypto wallets
I don't know
10. One of these cryptos is not Proof of Stake:
Terra
Dogecoin
Cardano
I don’t know
11. What do UST, DAI, and FRAX have in common?
They are all blockchains
They are all stable tokens
They all have been hacked
I don’t know
12. What is an L1 (Layer 1) ?
A cryptocurrency created in the first crypto wave of 2017
A cryptocurrency in the Top 100 by market capitalization
A smart contract platform upon which apps can be created
I don’t know
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