ArtOfBlockChain
  • #A
    #B
    #C
    #D
    Explanation:
    Pools lock tokens for trading on platforms like Uniswap, replacing traditional order books.
  • Difficulty - Medium
    Total Plays - 18
    Allowed Time - 10 sec
    Best time - 1.861 sec

    Gas limits prevent:

    Tip: Click "Play" to reveal options and start playing.
    #A
    #B
    #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 - 18
    Allowed Time - 10 sec
    Best time - 1.238 sec

    Combines PoW and PoS?

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    #A
    #B
    #C
    #D
    Explanation:
    Hybrid mechanisms (e.g., Decred) blend PoW mining with PoS voting for balanced security.
  • Difficulty - Medium
    Total Plays - 11
    Allowed Time - 10 sec
    Best time - 4.036 sec

    Sybil attacks target:

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    #A
    #B
    #C
    #D
    Explanation:
    Sybil attacks create fake nodes to disrupt consensus or censor transactions.
  • Difficulty - Medium
    Total Plays - 10
    Allowed Time - 10 sec
    Best time - 3.067 sec

    Oracle "data freshness" ensures:

    Tip: Click "Play" to reveal options and start playing.
    #A
    #B
    #C
    #D
    Explanation:
    Fresh data prevents outdated inputs (e.g., stale prices) from breaking contracts.
  • ABHI

    Member1w

    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...
    5
    Replies
  • 5
    Replies
  • Difficulty - Medium
    Total Plays - 16
    Allowed Time - 10 sec
    Best time - 1.929 sec

    DeFi relies on oracles for:

    Tip: Click "Play" to reveal options and start playing.
    #A
    #B
    #C
    #D
    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 - 11
    Allowed Time - 10 sec
    Best time - 2.779 sec

    "Decentralized oracles" use:

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    #A
    #B
    #C
    #D
    Explanation:
    Decentralized oracles (e.g., Chainlink) source data from many nodes for trust.
  • Difficulty - Medium
    Total Plays - 14
    Allowed Time - 10 sec
    Best time - 1.584 sec

    ERC-20 tokens are

    Tip: Click "Play" to reveal options and start playing.
    #A
    #B
    #C
    #D
    Explanation:
    ERC-20 is a standard for creating interchangeable tokens like cryptocurrencies or rewards.
  • Difficulty - Medium
    Total Plays - 11
    Allowed Time - 10 sec
    Best time - 1.565 sec

    Faster transactions than PoW?

    Tip: Click "Play" to reveal options and start playing.
    #A
    #B
    #C
    #D
    Explanation:
    PoS processes transactions faster by skipping energy-intensive mining. Chains like Ethereum 2.0 use it.
  • Difficulty - Medium
    Total Plays - 19
    Allowed Time - 10 sec
    Best time - 2.204 sec

    Tokenomics" refers to

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    #A
    #B
    #C
    #D
    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 - 21
    Allowed Time - 10 sec
    Best time - 1.531 sec

    MetaMask" is a

    Tip: Click "Play" to reveal options and start playing.
    #A
    #B
    #C
    #D
    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.
  • Difficulty - Medium
    Total Plays - 17
    Allowed Time - 10 sec
    Best time - 1.007 sec

    Solidity is used to write:

    Tip: Click "Play" to reveal options and start playing.
    #A
    #B
    #C
    #D
    Explanation:
    Solidity is Ethereum’s primary language for coding smart contracts.
  • Difficulty - Medium
    Total Plays - 8
    Allowed Time - 10 sec
    Best time - 1.435 sec

    PFP NFTs" represent:

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    #A
    #B
    #C
    #D
    Explanation:
    PFP (Profile Picture) NFTs like Bored Apes are used as social media avatars.
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