Most AMA giveaways and #airdrop go to users who are early and smart. Users end end up making 2 to 6 ($10 to $100,000+) figures in these events. Learn and earn campaigns are also not left out.
You can test your knowledge with the questions below, let's see the smartest #Binance users:👇
What is the name of the Bitcoin network's consensus mechanism?
A. Proof-of-work
B. Proof-of-stake
C. Proof-of-authority
D. Proof-of-burn
What is the name of the Bitcoin network's block reward?
A. 12.5 BTC
B. 25 BTC
C. 50 BTC
D. 100 BTC
What is the name of the Bitcoin network's block time?
A. 10 minutes
B. 15 minutes
C. 20 minutes
D. 30 minutes
What is the name of the Bitcoin network's transaction fee?
A. Varies
B. Fixed
C. Zero
D. None of the above
What is the name of the Bitcoin network's scalability solution?
A. SegWit
B. Lightning Network
C. Both SegWit and Lightning Network
D. None of the above
What is the name of the Bitcoin network's privacy solution?
A. Mimblewimble
B. Taproot
C. Both Mimblewimble and Taproot
D. None of the above
What is the name of the Bitcoin network's governance model?
A. Decentralized
B. Centralized
C. Hybrid
D. None of the above
What is the name of the Bitcoin network's security model?
A. Proof-of-work
B. Proof-of-stake
C. Proof-of-authority
D. Proof-of-burn
What is the name of the Bitcoin network's environmental impact?
A. High
B. Medium
C. Low
D. None of the above
What is the name of the Bitcoin network's future?
A. Bright
B. Cloudy
C. Stormy
D. None of the above
Drop your answers below 👇 (ABCD format)
Let me know if you need more #bitcoin brain teasers like this too📚
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Disclaimer
This Post is for #educational purposes only, there are no rewards attached to it. We do not offer Financial advice. Investing in Cryptocurrencies comes with it's own risk, always dyor 🙏
Our Answers would be dropped later, so you can crosscheck your answers!!! 💥