Binance Learn and Earn Quiz Answers – Algorand Quiz Answers
Are you looking for the latest Binance Learn and Earn Quiz Answers? You’ve come to the correct location!
Binance, the popular cryptocurrency exchange, is well-known for its willingness to try new things and expand its offerings. The Binance Bitcoin Button and the Binance Wodl games are just two of the exchange’s recent cryptocurrency-earning offerings. Learn and Earn, commonly known as Binance’s quiz product and dubbed “learn,” is among the oldest and most popular, delivering a wide variety of questions to Binance users in order to earn cryptocurrency.
On 7th December 2022 at 09:00 UTC, there will be ALGO quiz Answers in Binance learn & earn. All the information you need regarding the three quizzes is here, including the correct answers.
The Binance Learn and Earn Quiz Answers – Beginner’s Guide have already been published in a single post. Check this too.
What is Binance Learn And Earn Quiz?
With the goal of helping its customers better understand cryptocurrencies and blockchain technologies, Binance created the Learn and Earn Program.
Users are encouraged to learn more about crypto by reading articles and watching tutorial videos. And then they’ll use that knowledge to earn cryptocurrency by taking tests.
These have time-sensitive rewards that decrease in value with time. Both of the introductory classes cost 50,000 SHIB and cost half a billion US dollars.
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Binance Algorand Quiz Answers
Q1. Algorand has a Governance Program that allows the community to vote on measures that impact the future of the blockchain. True or false?
Answer: True
Q2. What is the total supply of ALGO tokens?
Answer: 10 billion
Q3. What is the minimum stake needed to run a validator node in Algorand’s PPOS consensus mechanism?
Answer: 0.1 ALGO
Q4. Silvio Micali, founder of Algorand, is famous for being the co-inventor of which of the following technologies?
Answer: All are correct
Q5. Which of the following companies are building NFT and Web3 projects on Algorand?
Answer: All are correct
Q6. For each round, the network selects:
Answer: The block proposal with the lowest VRF hash
Q7. How fast is an Algorand block?
Answer: 3.7 seconds
Q8. How much does it cost to send a transaction in Algorand?
Answer: 0.001 ALGO
Q9. How many transactions per second (TPS) can Algorand process?
Answer: 6,000
Q10. Which consensus mechanism?
Answer: PPos
How To Participate in The Binance Algorand Quiz?
1. Open the website or the Binance app and navigate to the quiz page.
Click Here to log in to your account using your email address or mobile number.
3. View films and read articles on the blockchain network Algorand.
4. Finish the examination on December 7 at 9:00 UTC.
5. Within 48 hours, receive a guaranteed ALGO token cash
Register now to begin your crypto journey
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