Learn about NEAR Protocol & take a short quiz to get rewarded for your newfound knowledge!
CoinMarketCap users can learn about NEAR Protocol (NEAR) and take a quiz to get rewarded! The NEAR Protocol (NEAR) reward tokens will be distributed randomly among the users who complete the quiz successfully before the campaign concludes.
The NEAR Protocol (NEAR) “Learn & Earn” Campaign's reward pool consists of NEAR tokens worth $400,000. Successful users will receive NEAR tokens worth $10 as well as 50 Diamonds as a reward!
The NEAR Protocol (NEAR) “Learn & Earn” campaign will run from 2021.12.03 (12:00 PM UTC) to 2022.01.02 (23:59:59 PM UTC). Make sure to take the following lessons to complete the quiz!
The NEAR Protocol (NEAR) “Learn & Earn” Campaign's reward pool consists of NEAR tokens worth $400,000. Successful users will receive NEAR tokens worth $10 as well as 50 Diamonds as a reward!
The NEAR Protocol (NEAR) “Learn & Earn” campaign will run from 2021.12.03 (12:00 PM UTC) to 2022.01.02 (23:59:59 PM UTC). Make sure to take the following lessons to complete the quiz!
– Lesson 1: What is NEAR?
– Lesson 2: NEAR Wallet & Staking
– Lesson 3: NEAR Sharding in a Nutshell
– Lesson 4: The Rainbow Bridge
– Lesson 5: What is Aurora?
– Lesson 2: NEAR Wallet & Staking
– Lesson 3: NEAR Sharding in a Nutshell
– Lesson 4: The Rainbow Bridge
– Lesson 5: What is Aurora?
CoinMarketCap NEAR Protocol Learn & Earn Quiz
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The NEAR Protocol (NEAR) “Learn & Earn” campaign will run from 2021.12.03 (12:00 PM UTC) to 2022.01.02 (23:59:59 PM UTC) and the quiz will be live at 12:00 PM UTC, December 3rd.
NEAR Protocol Learn & Earn Quiz's Answers
1. Which one of the following is possible on NEAR? [Hint]
a. Launch a solidity/EVM app
b. Launch a NFT marketplace while the users can pay in fiat, without the need to deal with gas fees
c. Redeploy a substrate appchain from Polkadot
d. All of the above
* Answer & Explanation: The answer is D, "all of the above". NEAR is a layer-1 blockchain development platform. Therefore, users can use NEAR to build decentralized apps or implement solutions for scaling. It is possible to launch an EVM, NFT marketplace or even deploy a substrate appchain.
a. Launch a solidity/EVM app
b. Launch a NFT marketplace while the users can pay in fiat, without the need to deal with gas fees
c. Redeploy a substrate appchain from Polkadot
d. All of the above
* Answer & Explanation: The answer is D, "all of the above". NEAR is a layer-1 blockchain development platform. Therefore, users can use NEAR to build decentralized apps or implement solutions for scaling. It is possible to launch an EVM, NFT marketplace or even deploy a substrate appchain.
2. Which consensus mechanism is used in NEAR? [Hint]
a. Proof of Work
b. Proof of History
c. Proof of Stake
d. Delegated Proof of Stake
* Answer & Explanation: The answer is C, Proof od Stake. NEAR Protocol uses Proof-of-Stake consensus to secure and validate transactions on the blockchain.
a. Proof of Work
b. Proof of History
c. Proof of Stake
d. Delegated Proof of Stake
* Answer & Explanation: The answer is C, Proof od Stake. NEAR Protocol uses Proof-of-Stake consensus to secure and validate transactions on the blockchain.
3. What social impact achievement has NEAR Protocol achieved? [Hint]
a. Climate Neutral Product Label
b. Sustainable Development Award
c. Poverty Alleviation Award
d. Intelligent Healthcare Label
* Answer & Explanation: The answer is A, Climate Neutral Product Label. Please check this article for a more information: https://near.org/blog/near-climate-neutral-product/
a. Climate Neutral Product Label
b. Sustainable Development Award
c. Poverty Alleviation Award
d. Intelligent Healthcare Label
* Answer & Explanation: The answer is A, Climate Neutral Product Label. Please check this article for a more information: https://near.org/blog/near-climate-neutral-product/
4. What are the use cases for NEAR tokens? [Hint]
a. Using applications on NEAR
b. Earning rewards via staking
c. Governance
d. All of the above
* Answer & Explanation: The answer is D, all of the above. NEAR's token economy is built around the NEAR token, a unit of value on the platform that enables token holders to use applications on NEAR, participate in network governance, and earn token rewards by staking to the network.
a. Using applications on NEAR
b. Earning rewards via staking
c. Governance
d. All of the above
* Answer & Explanation: The answer is D, all of the above. NEAR's token economy is built around the NEAR token, a unit of value on the platform that enables token holders to use applications on NEAR, participate in network governance, and earn token rewards by staking to the network.
5. Which can you do with NEAR Official Wallet (wallet.near.org)? [Hint]
a. Stake your NEAR coins
b. Register a NEAR account
c. Manage your digital collectibles
d. All of the above
* Answer & Explanation: The answer is D, all of the above. NEAR wallet is a non-custodial, web-based application for working with NEAR accounts. NEAR wallet gives you full control over your assets — allowing you to create, play, and stake your NEAR coins and NFTs.
a. Stake your NEAR coins
b. Register a NEAR account
c. Manage your digital collectibles
d. All of the above
* Answer & Explanation: The answer is D, all of the above. NEAR wallet is a non-custodial, web-based application for working with NEAR accounts. NEAR wallet gives you full control over your assets — allowing you to create, play, and stake your NEAR coins and NFTs.
6. Which of the following is NOT true about Nightshade sharding? [Hint]
a. It scales the network to millions of transactions per second
b. It allows NEAR transfers to be accessible on Ethereum
c. It dynamically readjusts the number of shards based on usage
d. It keeps the transaction fees low despite the network at a high capacity
* Answer & Explanation: The answer is B. Sharding splits the work of processing transactions across many participating nodes, hence increasing the blockchain scalability linearly. NEAR-Ethereum interobility will be achieved through Rainbow Bridge and our EVM Aurora.
a. It scales the network to millions of transactions per second
b. It allows NEAR transfers to be accessible on Ethereum
c. It dynamically readjusts the number of shards based on usage
d. It keeps the transaction fees low despite the network at a high capacity
* Answer & Explanation: The answer is B. Sharding splits the work of processing transactions across many participating nodes, hence increasing the blockchain scalability linearly. NEAR-Ethereum interobility will be achieved through Rainbow Bridge and our EVM Aurora.
7. What is the main use case of Rainbow Bridge? [Hint]
a. Connect the NEAR and Ethereum blockchainsb.
b. Execute code in a trustless ecosystem.
c. Lower Ethereum gas feed.
d. Swap Ether and ERC20 tokens
* Answer & Explanation: The ETH-NEAR Rainbow Bridge opens the gates for assets to flow freely between NEAR and Ethereum blockchains while enabling users to bridge any ERC-20 token they wish.
a. Connect the NEAR and Ethereum blockchainsb.
b. Execute code in a trustless ecosystem.
c. Lower Ethereum gas feed.
d. Swap Ether and ERC20 tokens
* Answer & Explanation: The ETH-NEAR Rainbow Bridge opens the gates for assets to flow freely between NEAR and Ethereum blockchains while enabling users to bridge any ERC-20 token they wish.
8. Which of the following statements best describes Aurora? [Hint]
a. Aurora is a sidechain of Near Protocol, give a solution for developers to operate their apps on an Ethereum-compatible
b. Aurora is an EVM built on the NEAR Protocol and allows Ethereum developers to take advantage of NEAR’s super-fast, low-cast, and infinitely scalable blockchain.
c. Aurora is an appchain of Near Protocol, give a solution for developers to operate their apps on an Ethereum-compatible
d. Aurora is a token based on Ethereum.
a. Aurora is a sidechain of Near Protocol, give a solution for developers to operate their apps on an Ethereum-compatible
b. Aurora is an EVM built on the NEAR Protocol and allows Ethereum developers to take advantage of NEAR’s super-fast, low-cast, and infinitely scalable blockchain.
c. Aurora is an appchain of Near Protocol, give a solution for developers to operate their apps on an Ethereum-compatible
d. Aurora is a token based on Ethereum.
[Join The NEAR Protocol Communities]
Follow NEAR Protocol Twitter: https://twitter.com/NEARProtocol
Join NEAR Protocol Telegram: https://t.me/cryptonear
Join NEAR Protocol Discord: https://discord.gg/cRaDp9653A
Create a NEAR account at https://wallet.near.org
Join NEAR Protocol Telegram: https://t.me/cryptonear
Join NEAR Protocol Discord: https://discord.gg/cRaDp9653A
Create a NEAR account at https://wallet.near.org
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