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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What is the primary feature of stablecoins?
A. They are pegged to a reserve asset, like the USD, to minimize price volatility.
B. They represent ownership in real-world assets and are treated as securities.
C. They are mined using computational power through a Proof-of-Work consensus algorithm.
Question 2:
Which of the following is a key principle for investing in altcoins?
A. Invest in projects you don’t understand, as they are the most popular.
B. Expect risk, as altcoins are highly volatile, and be prepared for potential losses.
C. Avoid researching and rely solely on others' recommendations.
Question 3:
What is the main use of Ethereum (ETH)?
A. It supports decentralized applications (dApps) and smart contracts.
B. It is primarily used for fast international transactions.
C. It focuses on decentralized entertainment and rewards content creators.
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