2022-08-24 11:37:07
XRP
XRPL is decentralized, permissionless, and open-source
Ans: True
What is the native digital asset on the XRP Ledger?
Ans: XRP
On average, how long does a transaction confirmation on the XRP Ledger take?
Ans: 3 to 5 seconds
What is the XRP Ledger’s validation mechanism?
Ans: Federated Consensus
What can the XRP Ledger be used for today?
Ans: All the correct
What is the average cost of transactions on XRPL?
Ans: Less than 1 cent
Which of the following describes the XRPL?
Ans: All are correct
The XRPL’s built-in DEX is based on an order book model.
Ans: True
The XRP Ledger is useful for developers because.
Ans: They are able to code in Python, Java and JavaScript languages.
LSK
Which popular programming language does Lisk support?
Ans: JavaScript
What consensus mechanism does Lisk currently utilize?
Ans: Delegated Proof of Stake
Which token is used within the Lisk Network as a utility token?
Ans: LSK
What is the current development goal for Lisk?
Ans: To enable interoperability within the Lisk ecosystem
How will blockchain applications operate within the Lisk Ecosystem?
Ans: On separate sidechains
What makes Lisk accessible to Web3 developers?
Ans: All are correct
How can users benefit from Lisk’s accessibility?
Ans: All are correct
What can LSK holders do with the token?
Ans: All are correct
BTTC
“Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.
Ans: Proof of Stake blockchain
With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?
Ans: False
What can you NOT do on Binance Earn?
Ans: Conduct leveraged trading to amply the returns
Which of the following is a form of passive income?
Ans: Alice stakes her crypto holdings
What can you do with Binance Earn?
Ans: Select different products to
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