09-22-2022, 12:28 AM
Binance XRP Ledger Quizz Answers: Take the new Binance learn & earn What Is XRP Ledger (XRPL)? quizz which will go live on 21st September 2022, 16:00 UTC and earn assured $XRPL tokens.
Create your Binance account if you don’t have one, do KYC verification, and be ready for the quizz.
Binance learn & earn XRP Ledger Quizz Answers
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
Create your Binance account if you don’t have one, do KYC verification, and be ready for the quizz.
Binance learn & earn XRP Ledger Quizz Answers
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