DeFi vs

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AdventuresomePrudence
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What technology does Web3 integrate to enable decentralized computer networks and distributed applications?

Blockchain

Between 2017 and 2020, what financial system did the Ethereum network pioneer the development of?

Web3

Which blockchain introduced the framework for the development of Web3?

Ethereum

What is the relationship between DeFi and Web3?

DeFi is a part of Web3

What is the main goal of Web3?

To solve inefficiencies in Web1 and Web2

Which of the following statements accurately describes the relationship between DeFi and Web3?

DeFi is a subset of Web3

What is the main goal of Web3?

To solve the inefficiencies of Web1 and Web2

What did the Ethereum network pioneer the development of between 2017 and 2020?

Protocols for a more transparent, permissionless, and open financial system

Which blockchain introduced the framework that initiated the development of Web3?

Ethereum

What technology does Web3 integrate to enable decentralized computer networks and distributed applications?

Blockchain technology

Test your knowledge on the differences between DeFi and Web3 with this quiz. Learn about the uses and evolution of these blockchain technologies.

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