Home Beginner’s Guide Binance Learn and Earn Answers: Binance PolkaDot Quiz Answers

Binance Learn and Earn Answers: Binance PolkaDot Quiz Answers

by cryptocreed
Binance PolkaDot Quiz Answers

Last Updated on January 5, 2024 by cryptocreed


Binance just launched a new Learn and Earn program for Polkadot. In Binance Polkadot quiz learn and earn program.

So what is Polkadot? Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.

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Things To Remember While Taking Binance DOT Quiz

  1. Learn and Earn page can be accessed here “https://academy.binance.com/en/learn-and-earn”.
  2. Login to check if you are eligible or not.
  3. Try to use a mobile device.
  4. Questions will be not in the same format for everyone.
  5. Rewards will get credited to your account within 48 hours.
Total reward:
Start & End Date: 05/October/2023 to
What to do: Watch a video of 2.49 minutes and answer 10 questions.

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Polkadot Binance Quiz Answers

Q1.Which of the following is a founder of Polkadot?

Answer: Gavin Wood

Q2. Which of the following are use cases that Polkadot supports?

Answer: All of the options

Q3. Polkadot developers who need more functionality and scalability should build:

Answer: A custom blockchain

Q4. What term did Polkadot’s founder coin?

Answer: Web 3.0

Q5. Which limitations of bridges does Polkadot address?

Answer: They have limited functionality and security flaws

Q6. What does interoperability mean on Polkadot?

Answer: Apps and services can securely communicate across blockchains

Q7. Which of the following is NOT a benefit of building a custom blockchain on Polkadot?

Answer: Built-in AI features

Q8. What is the mission of Polkadot?

Answer: To power the movement for a better web

Q9. Which stage companies does Polkadot support?

Answer: All of the options

Q10. What is blockspace?

Answer: The core product of blockchains (Binance PolkaDot Quiz Answers)

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