ArtOfBlockChain
ArtOfBlockChain
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  • Difficulty - Medium
    Total Plays - 31
    Allowed Time - 10 sec
    Best time - 1.883 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 - 28
    Allowed Time - 10 sec
    Best time - 1.804 sec

    Which is NOT a Web3 wallet?

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    #A
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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 - 26
    Allowed Time - 10 sec
    Best time - 1.448 sec

    Gas in Ethereum is measured in:

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    #A
    #B
    #C
    #D
    Explanation:
    Gwei is a smaller unit of ETH used to calculate gas costs.
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  • #A
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    Explanation:
    Pools lock tokens for trading on platforms like Uniswap, replacing traditional order books.
  • Difficulty - Medium
    Total Plays - 26
    Allowed Time - 10 sec
    Best time - 1.643 sec

    Gas limits prevent:

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    #A
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    #C
    #D
    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 - 26
    Allowed Time - 10 sec
    Best time - 1.238 sec

    Combines PoW and PoS?

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    #A
    #B
    #C
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    Explanation:
    Hybrid mechanisms (e.g., Decred) blend PoW mining with PoS voting for balanced security.
  • Difficulty - Medium
    Total Plays - 18
    Allowed Time - 10 sec
    Best time - 4.036 sec

    Sybil attacks target:

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    #A
    #B
    #C
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    Explanation:
    Sybil attacks create fake nodes to disrupt consensus or censor transactions.
  • Difficulty - Medium
    Total Plays - 17
    Allowed Time - 10 sec
    Best time - 1.909 sec

    Oracle "data freshness" ensures:

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    #A
    #B
    #C
    #D
    Explanation:
    Fresh data prevents outdated inputs (e.g., stale prices) from breaking contracts.
  • ABHI

    ABHI

    @2QFzVmG • 4mos

    Hello ArtofBlockchain Community

    Hello Everyone!I'm excited to be a part of the ArtofBlockchain club and connect with like-minded folks who are passionate about decentralization, innovation, and the future of technology!My name is Abhiram...
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  • Difficulty - Medium
    Total Plays - 25
    Allowed Time - 10 sec
    Best time - 1.325 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 - 21
    Allowed Time - 10 sec
    Best time - 2.779 sec

    "Decentralized oracles" use:

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    #A
    #B
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    Explanation:
    Decentralized oracles (e.g., Chainlink) source data from many nodes for trust.
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