Binance Learn & Earn XRP Quiz Answers
Posted: Wed Oct 19, 2022 8:20 am
Q1. XRPL is decentralized, permissionless, and open-source
Answer: True
Q2. What is the native digital asset on the XRP Ledger?
Answer: XRP
Q3. On average, how long does a transaction confirmation on the XRP Ledger take?
Answer: 3 to 5 seconds
Q4. What is the XRP Ledger’s validation mechanism?
Answer: Federated Consensus
Q5. What can the XRP Ledger be used for today?
Answer: All the correct
Q6. What is the average cost of transactions on XRPL?
Answer: Less than 1 cent
Q7. Which of the following describes the XRPL?
Answer: All are correct
Q8. The XRPL’s built-in DEX is based on an order book model.
Answer: True
Q9. The XRP Ledger is useful for developers because.
Answer: They are able to code in Python, Java and JavaScript languages.
Answer: True
Q2. What is the native digital asset on the XRP Ledger?
Answer: XRP
Q3. On average, how long does a transaction confirmation on the XRP Ledger take?
Answer: 3 to 5 seconds
Q4. What is the XRP Ledger’s validation mechanism?
Answer: Federated Consensus
Q5. What can the XRP Ledger be used for today?
Answer: All the correct
Q6. What is the average cost of transactions on XRPL?
Answer: Less than 1 cent
Q7. Which of the following describes the XRPL?
Answer: All are correct
Q8. The XRPL’s built-in DEX is based on an order book model.
Answer: True
Q9. The XRP Ledger is useful for developers because.
Answer: They are able to code in Python, Java and JavaScript languages.