What is NEAR Protocol?
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called Doomslug.
Before taking the quiz, make sure to learn about NEAR Protocol. Even though I provide the answer to this extremely easy quiz, the whole point is to learn something new.
How to take the quiz?
You first have to sign up to Coinbase and go through the required KYC, make sure to have your ID card or passport next to you. In some cases the verification process can take a few days so be patient.
Once you're all set and that you have been verified, you can now take the quiz to which you will find the answer below:
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What is NEAR?
A. A simple, fast, secure and climate neutral blockchain -
What can the NEAR token be used for?
A. To interact with apps and participate in governance on NEAR - What format does NEAR use for wallet addresses?
A. Natural language like “dave.near”
If you successfully complete the quiz, you should receive $3 worth of NEAR as a reward.
Thanks for reading. Stay tuned for new projects and opportunities to earn more crypto.
Disclaimer: All information found on this article is for informational purposes only. I do not provide any personal investment advice so please make your own research before proceeding to any investment/trading actions.
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