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Cryptocurrency and Blockchain Basics Quiz

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Cryptocurrency and Blockchain Basics Quiz

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Questions and Answers

What is the name of the process used by Ethereum to confirm and validate transactions on its blockchain network?

Delegated Proof of Stake (DPoS)

Proof of Stake (PoS) (correct)

Proof of Importance (PoI)

Proof of Work (PoW)

What is the name of the cryptocurrency that was created as a result of a hard fork from Bitcoin in 2017?

Bitcoin Cash (correct)

Litecoin

Ethereum Classic

Ripple

What is the name of the process by which a user can earn cryptocurrency by providing liquidity to a decentralized exchange?

Providing (correct)

Staking

Mining

Lending

Cryptocurrency and Blockchain Basics Quiz

Choose a study mode

Podcast

Questions and Answers

What is the name of the process used by Ethereum to confirm and validate transactions on its blockchain network?

What is the name of the cryptocurrency that was created as a result of a hard fork from Bitcoin in 2017?

What is the name of the process by which a user can earn cryptocurrency by providing liquidity to a decentralized exchange?

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