ArtOfBlockChain
ArtOfBlockChain
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  • Difficulty - Medium
    Total Plays - 17
    Allowed Time - 10 sec
    Best time - 1.909 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    Fresh data prevents outdated inputs (e.g., stale prices) from breaking contracts.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 - 26
    Allowed Time - 10 sec
    Best time - 1.238 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 - 38
    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
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  • Difficulty - Medium
    Total Plays - 32
    Allowed Time - 10 sec
    Best time - 0.081 sec

    What is Web3.js used for?

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    Explanation:
    Web3.js is a JavaScript library for interacting with Ethereum, enabling dApps to communicate with nodes. It handles tasks like sending transactions and reading blockchain data.
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  • Difficulty - Medium
    Total Plays - 43
    Allowed Time - 10 sec
    Best time - 0.929 sec

    What does OpenZeppelin provide?

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    Explanation:
    OpenZeppelin offers audited, reusable smart contract templates, like ERC-20 and ERC-721 implementations. It enhances security and saves development time.
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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.
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