Cryptocurrency Network Assessment Quiz

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Questions and Answers

What is a trader's primary responsibility when assessing a cryptocurrency network's protocol stack?

  • Determine the network's choice of algorithm
  • Analyze the protocol's monetary policy (correct)
  • Compare the maximum token supply to other networks
  • Analyze the network's uptime and consensus

What is NOT a core technical specification for a crypto asset?

  • Network’s choice of algorithm
  • Block times
  • Maximum token supply
  • Technical market analysis (correct)

What is the primary purpose of a crypto asset's block times?

  • To maintain security
  • To maintain uptime
  • To maintain consensus (correct)
  • To maintain distribution

What is the main difference between technical market analysis and the core technical specifications of a crypto asset?

<p>Core technical specifications are used to assess the potential investment (D)</p> Signup and view all the answers

What is the primary goal of a cryptocurrency network's protocol stack?

<p>To maintain consensus (C)</p> Signup and view all the answers

What is the main purpose of a cryptocurrency network's monetary policy?

<p>To maintain distribution (D)</p> Signup and view all the answers

What is the main purpose of a cryptocurrency network's maximum token supply?

<p>To maintain distribution (D)</p> Signup and view all the answers

What is the primary purpose of assessing a cryptocurrency network's protocol stack?

<p>To analyze the protocol's monetary policy (B)</p> Signup and view all the answers

What is NOT a key feature of a crypto asset's issuance/emission?

<p>Technical market analysis (D)</p> Signup and view all the answers

What is the most important factor when assessing a potential investment in a crypto asset?

<p>Network’s choice of algorithm (A)</p> Signup and view all the answers

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