Binance Learn and Earn Axelar (AXL) Today Quiz Answers Ongoing April 2024 - Edu Jobs

Binance Learn and Earn Axelar (AXL) Today Quiz Answers

Learn and Earn Quiz Answers: Unlock Your Crypto Knowledge!

Test your understanding of cryptocurrency and blockchain technology with our Learn and Earn quiz. Answer questions on various topics such as:

• - Blockchain fundamentals
• - Cryptocurrency trading
• - Binance platform features
• - Market trends and analysis
• - Security and risk management

Earn rewards and badges as you progress and demonstrate your expertise. Learn and Earn quiz answers are designed to help you:

• - Gain a deeper understanding of the crypto space
• - Improve your trading skills
• - Stay up-to-date with market trends
• - Enhance your knowledge of blockchain technology
• - Join a community of like-minded learners

Embark on this interactive learning journey and become a crypto mastermind!

What Is Axelar?

Binance Learn and Earn Axelar (AXL) Today Quiz Answers, Question 01/08

{tocify} $title={Table of Contents}

1. What is an Interchain Token?

1. A subway token that is accepted in multiple cities
2. A token that has been bridged to another blockchain
3. The native token of Axelar
4. A token that moves between chains with native properties

2. What makes Axelar different from comparable cross-chain networks?

1. All of the above
2. Axelar is a smart transport layer, capable of supporting smart-contract logic
3. Axelar connects more than 60 blockchain networks
4. Axelar’s security approach is based on proof-of-stake, the same consensus mechanism as many of the blockchains it connects

3. Adopters of Axelar’s technology include:

1. All of the above
2. Celestia and Microsoft
3. Uniswap and MetaMask
4. Lido and Filecoin

4. What is Axelar’s consensus mechanism?

1. SHA 256
2. Proof of Authority
3. Proof of Stake
4. Proof of Work

5. How do developers build with Axelar?

1. An API and a software development kit
2. Via a unique programming language
3. A complex system of dial-tone patterns
4. Using a centralized database

6. What are Axelar’s installations on connected blockchains called?

1. Gateways
2. Terminals
3. Portals
4. Microphones

7. A good analogy for Axelar’s role in today’s Web3 ecosystem is:

1. A bridge
2. A bank
3. The role of overlay networks in the development of Web2
4. A bus

8. How many validators does Axelar have currently?

1. 2
2. 75
3. 102
4. 19