Personal
Missions
Learning Paths
NEW
Explore
0.00
LEMON
0
Connect Wallet
Login
Share Link
5 items
Exploring Ethereum and Web3
This quiz tests your knowledge on the fundamentals of Ethereum and the Web3 ecosystem.
What is a smart contract?
A legal document that requires notarization
A traditional contract that is stored on paper
A type of cryptocurrency
A self-executing contract with the terms directly written into code
Which of the following is a key feature of decentralized applications (dApps)?
Single point of failure
High transaction fees
Reliance on a central server
Open-source code
What is the primary benefit of using blockchain technology?
Enhanced security and transparency
Higher transaction fees
Increased centralization
Slower transaction speeds
What does Web3 aim to achieve?
Faster internet speeds
Improved user interfaces
User privacy and ownership
Centralized control of data
What is Ethereum primarily used for?
Cryptocurrency transactions
Decentralized storage
Social networking
Smart contracts
Finish Attempt
0