ArtOfBlockChain
  • Difficulty - Medium
    Total Plays - 16
    Allowed Time - 10 sec
    Best time - 1.999 sec

    Decentralized exchanges:

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    Explanation:
    Decentralized exchanges (DEXs) operate using smart contracts, which automatically execute trades without the need for intermediaries. This allows users to trade crypto directly from their wallets while maintaining control of their assets
  • Difficulty - Medium
    Total Plays - 12
    Allowed Time - 10 sec
    Best time - 3.391 sec

    Royalties in NFTs allow:

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    Explanation:
    Royalties in NFTs ensure that artists receive a percentage of sales every time their work is resold on secondary markets. This feature provides creators with ongoing income and supports long-term value for their digital art.
  • Difficulty - Medium
    Total Plays - 10
    Allowed Time - 10 sec
    Best time - 2.226 sec

    Which is NOT a Web3 wallet?

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    Explanation:
    Google Drive is a cloud-based storage service that lets you store, access, and share files online. It offers seamless integration with Google Workspace apps like Docs, Sheets, and Slides.
  • Difficulty - Medium
    Total Plays - 8
    Allowed Time - 10 sec
    Best time - 1.448 sec

    Gas in Ethereum is measured in:

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    Explanation:
    Gwei is a smaller unit of ETH used to calculate gas costs.
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    Explanation:
    Pools lock tokens for trading on platforms like Uniswap, replacing traditional order books.
  • Difficulty - Medium
    Total Plays - 12
    Allowed Time - 10 sec
    Best time - 1.861 sec

    Gas limits prevent:

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    Explanation:
    Gas limits set a maximum amount of computation a transaction can use, preventing infinite loops or excessively long operations from running indefinitely. This protects the network and user funds by halting transactions that exceed the limit.
  • Difficulty - Medium
    Total Plays - 12
    Allowed Time - 10 sec
    Best time - 1.413 sec

    Combines PoW and PoS?

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    Explanation:
    Hybrid mechanisms (e.g., Decred) blend PoW mining with PoS voting for balanced security.
  • Difficulty - Medium
    Total Plays - 6
    Allowed Time - 10 sec
    Best time - 4.036 sec

    Sybil attacks target:

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    Explanation:
    Sybil attacks create fake nodes to disrupt consensus or censor transactions.
  • Difficulty - Medium
    Total Plays - 6
    Allowed Time - 10 sec
    Best time - 3.326 sec

    Oracle "data freshness" ensures:

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    Explanation:
    Fresh data prevents outdated inputs (e.g., stale prices) from breaking contracts.
  • Difficulty - Medium
    Total Plays - 12
    Allowed Time - 10 sec
    Best time - 3.002 sec

    DeFi relies on oracles for:

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    Explanation:
    DeFi protocols need real-world price data (e.g., ETH/USD) to execute core functions like determining loan collateral ratios, triggering liquidations, or enabling decentralized trades — all of which require oracles to securely fetch and verify external market prices.
  • Difficulty - Medium
    Total Plays - 8
    Allowed Time - 10 sec
    Best time - 2.779 sec

    "Decentralized oracles" use:

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    Explanation:
    Decentralized oracles (e.g., Chainlink) source data from many nodes for trust.
  • Difficulty - Medium
    Total Plays - 12
    Allowed Time - 10 sec
    Best time - 1.584 sec

    ERC-20 tokens are

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    Explanation:
    ERC-20 is a standard for creating interchangeable tokens like cryptocurrencies or rewards.
  • Difficulty - Medium
    Total Plays - 10
    Allowed Time - 10 sec
    Best time - 1.565 sec

    Faster transactions than PoW?

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    Explanation:
    PoS processes transactions faster by skipping energy-intensive mining. Chains like Ethereum 2.0 use it.
  • Difficulty - Medium
    Total Plays - 18
    Allowed Time - 10 sec
    Best time - 2.204 sec

    Tokenomics" refers to

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    Explanation:
    Tokenomics refers to the economic design and structure of a cryptocurrency or token, including how it is created, distributed, and managed. It encompasses factors like total supply, allocation, inflation, utility, and incentives that influence the token's value and usage within a blockchain ecosystem.
  • Difficulty - Medium
    Total Plays - 18
    Allowed Time - 10 sec
    Best time - 1.531 sec

    MetaMask" is a

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    Explanation:
    MetaMask is a popular cryptocurrency wallet and browser extension that allows users to manage Ethereum-based assets and interact with decentralized applications (dApps). It securely stores private keys, enabling seamless transactions and access to Web3 platforms directly from the browser.
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