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Test Your Knowledge

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What is Ethereum?

Question 1:


What is Ethereum primarily known for?

A. Being a decentralized platform supporting dApps and smart contracts.


B. Being a cryptocurrency with a capped supply.


C. Serving as a decentralized currency and store of value.

Question 2:


What is the primary difference between Ethereum and Bitcoin?

A. Ethereum focuses on decentralized applications, while Bitcoin focuses on serving as a decentralized currency.


B. Bitcoin has an unlimited supply, while Ethereum has a capped supply.


C. Ethereum is used primarily for transactions, while Bitcoin supports smart contracts.

Question 3:


What is Ether (ETH) used for in the Ethereum network?

A. Paying for computational resources and executing smart contracts.


B. Mining Bitcoin.


C. Securing transactions on the Bitcoin network.

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