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BINANCE Quiz Answers :-
Answer Harmony Quiz
1. Why should tokens have a finite supply?
To avoid inflation and incentivize token appreciation
2. What consencys mechanism does harmony use?
Effective proff of stake
3. Which technologies does harmony implemet to achieve scalability without sacrificing security?
Sharding and effective proff of stake
4. What is harmonys yearly network reward to validators?
441 million tokens
5. Which of these DAOs have been funded by Harmony?
All are correct
6. What's makes up the yearly reward at harmony?
Issuance + transaction fees
7. Harmony has created bridges for which chains?
All are correct
8. How much Grant Will harmony provide to new projects through the harmony Ecosystem fund?
$300 Million
9. How many DAOs does Harmony aim to find in the future?
10,000
Answer QTUM Quiz
1. You can purchase QTUM on binance by:
All of the above
2. Holding QTUM allows you to vote on proposal. True or false?
False
3. When did the QTUM mainnet launch?
September 2017
4. Block rewards are split betweet:
Ten Super Staker
5. QTUM holders can delegate their UTXOs behind Staker Stakers thrugh
Offline staking
6. Qtum's account abstaction layer ia designed to:
Combine UTXO accounting with smart contract capabilities
7. When delegate QTUM behind a super Staker, a user must:
Provide their wallet address to a super Staker
8. QTUM combines
UTXO accounting
Smart Contract capabilities
Answer COTI Quiz
1. Select is the network(s) in which COTI operates:
All are correct
2. How does COTI keep ITS transaction fees low?
All are correct
3. What does COTI MultiDAG enable?
The ussuance of tokens on top of the trustchain protocol
4. The treasure distrubutes reward to COTI holders based on fees collected from:
All of COTI's product, including treasury, COTI pay bussines, Djed, and more
5. Which type of consensus algorithm is used on the COTI network?
PoT (proff of trust)
6. How can i earn rewards from the COTI ecosystem?
Deposit native COTI into the Treasury
7. COTI ia powering Djed, which is___ first algorithmic stablecoin
Cardano's
8. What is COTI?
A layer-1 blockchain Ecosystem designed for payments
Answer Harmony Quiz
1. Why should tokens have a finite supply?
To avoid inflation and incentivize token appreciation
2. What consencys mechanism does harmony use?
Effective proff of stake
3. Which technologies does harmony implemet to achieve scalability without sacrificing security?
Sharding and effective proff of stake
4. What is harmonys yearly network reward to validators?
441 million tokens
5. Which of these DAOs have been funded by Harmony?
All are correct
6. What's makes up the yearly reward at harmony?
Issuance + transaction fees
7. Harmony has created bridges for which chains?
All are correct
8. How much Grant Will harmony provide to new projects through the harmony Ecosystem fund?
$300 Million
9. How many DAOs does Harmony aim to find in the future?
10,000
Answer QTUM Quiz
1. You can purchase QTUM on binance by:
All of the above
2. Holding QTUM allows you to vote on proposal. True or false?
False
3. When did the QTUM mainnet launch?
September 2017
4. Block rewards are split betweet:
Ten Super Staker
5. QTUM holders can delegate their UTXOs behind Staker Stakers thrugh
Offline staking
6. Qtum's account abstaction layer ia designed to:
Combine UTXO accounting with smart contract capabilities
7. When delegate QTUM behind a super Staker, a user must:
Provide their wallet address to a super Staker
8. QTUM combines
UTXO accounting
Smart Contract capabilities
Answer COTI Quiz
1. Select is the network(s) in which COTI operates:
All are correct
2. How does COTI keep ITS transaction fees low?
All are correct
3. What does COTI MultiDAG enable?
The ussuance of tokens on top of the trustchain protocol
4. The treasure distrubutes reward to COTI holders based on fees collected from:
All of COTI's product, including treasury, COTI pay bussines, Djed, and more
5. Which type of consensus algorithm is used on the COTI network?
PoT (proff of trust)
6. How can i earn rewards from the COTI ecosystem?
Deposit native COTI into the Treasury
7. COTI ia powering Djed, which is___ first algorithmic stablecoin
Cardano's
8. What is COTI?
A layer-1 blockchain Ecosystem designed for payments