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Binance ALGO Quiz Answers Today
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How To Participate In Binance Learn & Earn Quiz?
- Click on the link given below and create Binance accoun if you do not have one. Click here
- Click on login and register on Binance with your valid mobile/email id.
- Must complete your KYC verification which is mandatory for collecting rewards.
- On the Binance app dashboard tap on learn & earn banner or directly visit here.
- Take the ALGO quiz and earn an assured crypto reward, answers are given below.
- Rewards are limited and are available on a first-come, first-served basis.
- Users can only claim the reward for each course after completing the quiz.
Binance ALGO Token Quiz Answers
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Binance Learn & Earn ALGO 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) What is Algorand’s consensus mechanism?
Answer: Pure Proof-of-stake (PPoS)
Terms & Conditions
- Rewards are limited and are available on a first-come, first-served basis.
- Users can only claim the reward for each course after completing the respective quiz.
- There will be caps imposed on the number of rewards available to eligible users per country.
- Eligible users may complete multiple quizzes to claim multiple rewards.
- Rewards will be distributed within 48 hours to qualified learners who pass the quiz.
- Users may check their rewards via account > reward center.
Conclusion
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