Enroll in the “Binance Academy BNB Course Answers” and secure your chance to back up your Binance Web3 wallet, earning up to 10,000 BNB in rewards.
This promotion is valid from March 25th, 2024, to April 7th, 2024. Simply participate in the quiz during the offer period and provide correct answers to qualify for the reward.
To join the BNB Course, complete the quiz with accurate responses and ensure you back up your Binance Web3 wallet.
Binance Academy DeFi Deep Dive Course Answers:
Course: Blockchain Basics:
Q1) What is a blockchain-primarily known for?
Answer: Decentralization
Q2) What is the purpose of the Block Header in a blockchain block?
Answer: It contains information like a block’s version number.
Q3) Which component of a block is used to verify its integrity?
Answer: Merkle Root
Q4) What is a cryptographic hash function?
Answer: A mathematical algorithm that converts data into a fixed-size string of characters
Q5) What is a Merkle proof used for?
Answer: Verifying whether a transaction is present within the Merkle tree
Course 2: BNB Chain:
Q1) What components make up the BNB Chain ecosystem?
Answer: BNB Beacon Chain, BNB Smart Chain, BNB Greenfield, and BNB Sidechains.
Q2) What is the consensus algorithm used by the BNB Smart Chain?
Answer: PoSA
Q3) How does staking work on the BNB Chain?
Answer: Staking on the BNB Chain occurs via the BNB Beacon Chain, followed by delegation to a validator on the BNB Smart Chain.
Q4) What is the purpose of cross-chain communication in the BNB Chain ecosystem?
Answer: It allows users to transfer assets between different blockchains.
Q5) What are some upcoming developments for the BNB Chain platform?
Answer: Improved scalability, user experience, and gradual decentralization.
