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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
- Learn and Earn page can be accessed here “https://academy.binance.com/en/learn-and-earn”.
- Login to check if you are eligible or not.
- Try to use a mobile device.
- Questions will be not in the same format for everyone.
- Rewards will get credited to your account within 48 hours.
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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)