Quiz: Ethereum, test your knowledge of ETH and find out if you are the hidden son of CZ.

Summary: Are you ready to dive into the fascinating world of Ethereum and test your knowledge? In this thrilling quiz, you'll be able to find out whether you're an Ethereum connoisseur or a newbie who still needs to brush up on your Vitalik admiration! From the history of Ethereum to its impact on the cryptocurrency ecosystem, to the nuances of smart contracts and DApps, this quiz covers a diverse range of topics to challenge you. With a series of multiple choice questions, each question gives you a chance to explore a different aspect of Ethereum. So, are you ready to take on the challenge? Introduction: Welcome to our Ethereum quiz, designed especially for you by the Binance team! A lifelong crypto enthusiast or a curious beginner, this quiz is a great opportunity to test your knowledge and learn more about this fascinating technology.Ethereum, is the second largest cryptocurrency by capitalization, and introduced concepts revolutionaries such as smart contracts and decentralized applications. These innovations have opened up a world of opportunities in decentralized finance, online gaming, digital art and much more. In this quiz, we will explore different facets of Ethereum, from its history and technology to its repercussions on the cryptocurrency ecosystem. You will find a series of multiple choice questions, with four options for each question. So, are you ready for the challenge? Are you the hidden son of CZ, the famous founder of Binance? Or that of Vitalik, the founder of ETH? There's only one way to find out. Get ready, and may the best win.QUIZ 1- Who is the founder of Ethereum?A. Vitalik Buterin B. Changpeng Zhao C. Satoshi Nakamoto D. Elon Musk2- What is the main innovation of Ethereum compared to Bitcoin?A. More transactions per secondB. Smart contractsC. Better securityD. Greater capitalization 3- What is the unit of gas on Ethereum?A. EtherB. The GweiC. The SatoshiD. The Wei4- What is Ethereum 2.0?A. A new blockchainB. An update to the EthereumC network. A new tokenD. A new cryptocurrency5- What is the symbol for Ether on Binance?A. BTCB. ETHC. NBBD. ETC6- What is staking on Ethereum 2.0?A. A way to mine EtherB. A process for voting on proposals for changeC. A way to earn interest on your EtherD. A way to borrow Ether7- What technology makes it possible to issue tokens on Ethereum?A. Lightning NetworkB. RippleNetC. ERC-20D. Tangle8- What is a DApp?A. A decentralized applicationB. A development applicationC. A type of token on EthereumD. A cryptocurrency wallet9- What is DeFi?A. A type of cryptocurrencyB. A payment protocolC. Decentralized financeD. A type of blockchain10- What is a smart contract?A. A digital legal contractB. A contract that executes automaticallyC. A type of cryptocurrencyD. A cryptocurrency wallet11- What is the process of validating transactions on Ethereum 2.0 called?A. Proof of work (PoW)B. Proof of Stake (PoS)C. Proof of Authority (PoA)D. Proof of Capacity (PoC) 12- What is a DAO on Ethereum?A. A cryptocurrencyB. A type of smart contractC. An autonomous decentralized organizationD. A type of wallet 13- What is the main use of Ether?A. As currency for daily transactionsB. As a store of valueC. As gas for operations on EthereumD. As a reward for mining Bitcoin 14- What is the main difference between Ethereum and Ethereum Classic?A. Ethereum is a newer versionB. Ethereum uses PoS, Ethereum Classic uses PoWC. Ethereum has better securityD. Ethereum has a larger capitalization 15- What is the goal of the Ethereum project?A. Create a new digital currencyB. Become the main competitor of BitcoinC. Building a decentralized platform for applicationsD. Allow users to mine more cryptocurrencies16- What is a “gas fee” on Ethereum?A. A tax on EtherB transactions. A reward for minersC. A cost to carry out transactions or execute smart contractsD. A way to buy more Ether17- What is the main use of ERC-20 tokens?A. As currency for daily transactionsB. To create cryptocurrencies on the EthereumC platform. To mine EtherD. To pay transaction fees on Ethereum18- Who is CZ?A. The founder of EthereumB. The founder of BinanceC. The founder of BitcoinD. The founder of Ripple19- Which cryptocurrency is native to Binance?A. BitcoinB. EtherC. Binance CoinD. Ripple 20- What is “Sharding” on Ethereum 2.0?A. A mining methodB. A technique to increase the number of transactions the network can processC. A new type of smart contractD. A way of dividing cryptocurrenciesAnswer and explanation of the Quiz: 1- Who is the founder of Ethereum?Answer: A. Vitalik Buterin. Vitalik Buterin is the co-founder of Ethereum, an open-source blockchain platform that enables the creation of smart contracts. V. Buterin proposed Ethereum in 2013 and the network was launched in 2015. 2- What is the main innovation of Ethereum compared to Bitcoin? Answer: B. Smart contracts. Ethereum introduced the concept of smart contracts, which are computer programs that run automatically when certain predefined conditions are met. 3- What is the unit of gas on Ethereum? Answer: B. Gwei. Gas is used to measure the cost of executing operations on the Ethereum network. A Gwei is a subunit of Ether used to quantify gas. 4- What is Ethereum 2.0?D. A new cryptocurrencyAnswer: B. An update to the Ethereum network. Ethereum 2.0 is a series of updates planned to improve the performance, security and sustainability of the Ethereum network. 5- What is the symbol for Ether on Binance? Answer: B. ETH. On Binance, Ether is represented by the symbol ETH. Binance is one of the largest cryptocurrency exchange platforms in the world. Not to be confused with ETC which is Ethereum Classic, also available on Binance, but whose token value is much lower compared to ETH. 6- What is staking on Ethereum 2.0? Answer: C. A way to earn interest on your Ether. Staking on Ethereum 2.0 allows Ether holders to earn rewards by participating in securing the network. 7- What technology makes it possible to issue tokens on Ethereum? Answer: C. ERC-20. ERC-20 is a technical standard for tokens on Ethereum. It defines a set of rules that all tokens on Ethereum must follow. 8- What is a DApp? Answer: A. A decentralized application. DApp means “decentralized application” in French. These applications run on a blockchain like Ethereum, instead of centralized servers. 9- What is DeFi? Answer: C. Decentralized finance. DeFi, or decentralized finance, is a movement that uses decentralized blockchains, smart contracts and cryptocurrencies to recreate and improve existing financial systems. 10- What is a smart contract? Answer: B. A contract that executes automatically. A smart contract is a program that automatically runs on the blockchain when certain conditions are met. They are a key innovation of Ethereum. 11- What is the process of validating transactions on Ethereum 2 called.0 ?Answer: B. Proof of Stake (PoS). Ethereum 2.0 plans to move from a proof-of-work (PoW) system to a proof-of-stake (PoS) system, which is more energy efficient. 12- What is a DAO on Ethereum? Answer: C. An autonomous decentralized organization. DAO stands for “Decentralized Autonomous Organization”. It is an organization that is managed by smart contracts on the blockchain, without a central intermediary. 13- What is the main use of Ether? Answer: C. As gas for operations on Ethereum. Ether is used as gas to pay for transaction fees and computing services on the Ethereum network. 14- What is the main difference between Ethereum and Ethereum Classic? Answer: B. Ethereum uses PoS, Ethereum Classic uses PoW. Ethereum and Ethereum Classic are two separate blockchains that diverged after a disagreement over how to handle a hack in 2016. 15- What is the goal of the Ethereum project? Answer: C. To build a decentralized platform for applications. Ethereum aims to create a platform for the execution of smart contracts, facilitating the creation of decentralized applications (DApps). 16- What is a “gas fee” on Ethereum? Answer: C. A cost to carry out transactions or execute smart contracts. “Gas fees” are fees paid in Ether to carry out transactions and execute smart contracts on the Ethereum network. 17- What is the main use of ERC-20 tokens? Answer: B. To create cryptocurrencies on the Ethereum platform. ERC-20 tokens are primarily used to issue new tokens on the Ethereum network, often as part of decentralized finance (DeFi) projects. 18- Who is CZ? Answer: B. The founder of Binance. CZ, or Changpeng Zhao, is the founder and CEO of Binance, one of the largest cryptocurrency exchanges in the world.19- Which cryptocurrency is native to Binance? Answer: C. Binance Coin. Binance Coin (BNB) is the native cryptocurrency of the Binance exchange platform. It is used to pay transaction fees on the platform and to participate in new token offerings. 20- What is “Sharding” on Ethereum 2.0? Answer: B. A technique to increase the number of transactions the network can process. Sharding is a scaling solution that divides the Ethereum network into multiple parts, called “shards,” with each shard capable of processing its own transactions and smart contracts.Conclusion: Congratulations! You have completed our Ethereum quiz. Whatever your score, we hope you learned lots of new things and enriched your understanding of the fascinating world of blockchain and cryptocurrency.Ethereum, as the second largest cryptocurrency by capitalization and a platform for many applications decentralized, has a major role to play in the cryptocurrency ecosystem. Whether you answered all the questions correctly or encountered a few obstacles along the way, the important thing is to continue to educate yourself and explore this ever-evolving field. Blockchain and cryptocurrencies like Ethereum are more than 'a simple technology or investment asset. They represent a new way of thinking about value transfer, digital identity, ownership and much more. They have the potential to transform our economy and society in ways as profound as the internet itself. Remember that learning is a lifelong process. The cryptocurrency ecosystem is evolving at a rapid pace, with new technologies, new players and new challenges constantly emerging. Continue to educate yourself, stay curious and open to learning.And above all, remember: even though you may not be the hidden son of CZ or Vitalik, every journey begins with a first step. So where will yours take you in the world of cryptocurrencies? Did you enjoy this article? Follow our latest articles on our social networks:Telegram: https://t.me/BinanceFrenchTwitter: https://twitter.com/LeBinanceFRFacebook: https://www.facebook.com/BinanceFranceInstagram: https://www.instagram .com/binancefrenchRisk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may fall as well as rise, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not responsible for any losses you may incur. 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