Ethereum Quiz 32 Created on October 27, 2020 By Eddie Vorman Ethereum Trading Quiz Ethereum is one of the largest crypto players on the market. If you want to become a cryptocurrency trader, then knowing Bitcoin is not enough. You’ll have to mingle with other coins too.Do you know your Ethereum Coin? 1 / 10 When was Ethereum launched? 2011 2015 2003 2007 2 / 10 What is the main difference between ethereum and bitcoin? Ethereum is a blockchain technology based software platform Ethereum uses mining to validate its transactions Ethereum offers creators and developers to build decentralized application systems All the above 3 / 10 How many Ethers are issued per block generated? 10 Ether 12 Ether 5 Ether None of the above 4 / 10 How long does it take on average to mine a block in ethereum? 12 seconds 10 minutes 20-30 minute 5 seconds 5 / 10 Who is the founder of ethereum? Vitalik Buterin Jerry Britos Satoshi Nakomoto J.P Morgan 6 / 10 The following are ways to acquire ethereum Ethereum mining Direct buying and selling Speculation All the above 7 / 10 What does ether mean? The main denomination used in ethereum A reward for mining bitcoin Short form for ethereum None of the above 8 / 10 Which another cryptocurrency apart from bitcoin is the next rival to ethereum? Dash Litecoin Ripple Nem 9 / 10 What algorithm does ethereum use for its proof of work? Scrypt Crypto diamond Gas Ethash 10 / 10 The following statements are true Ethereum is also used to build DAOs, also known as decentralized autonomous organizations. The EVM, also known as, ethereum virtual machine works with software that runs on the ethereum network. The smart contract is just computer codes that can be used to facilitate the exchange of money, content, property shares or anything of value. All the above Your score isThe average score is 53% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Support Platform Spread Trading Instrument Comments Rating 0 (0 reviews)
