Avalanche answers
The Avalanche test consists of 2 lessons, after which you will receive approximately $1.5 USD. Prize value may vary by country.
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Lesson 1 – What is Avalanche?
- Question 1: What is Avalanche’s native token?
- Answer: AVAX
- Question 2: Which is true about the Avalanche Consensus Protocol?
- Answer: The Avalanche Consensus Protocol uses less energy than other blockchains
- Question 3: Which of these is a requirement to be an Avalanche validator?
- Answer: Stake at least 2,000 AVAX tokens
Lesson 2 – How does Avalanche scale?
- Question 1: What does Avalanche use to improve transaction speed?
- Answer: Subnets
- Question 2: Why are Subnet’s membership options useful for financial services companies?
- Answer: They can support compliance requirements
- Question 3: Which of the following is a benefit of Subnets for users, long-term?
- Answer: More affordable gas fees