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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
1. What is the primary use case for Ethereum?
A) Cross-border payments and remittances
B) Low-cost international transactions
C) Decentralized applications (dApps) and smart contracts
D) Settlement of financial transactions within RippleNet
2. Which consensus mechanism does Ethereum use after its transition to Ethereum 2.0?
A) Proof-of-Work (PoW)
B) Ripple Consensus Algorithm
C) Proof-of-Stake (PoS)
D) Delegated Proof-of-Stake (DPoS)
3. What is a key feature of XRP that distinguishes it from Ethereum?
A) It is designed for decentralized applications and NFTs
B) It uses a unique consensus mechanism and targets cross-border payments
C) It operates with a fixed supply of tokens
D) It is inflationary with an unlimited supply
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