The Ethereum Merge Quiz

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example@example.com
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What is The Ethereum Merge?* This field is required.
An upgrade to the Binance Smart Cain Network to improve efficiency and scalability
An upgrade to the Ethereum Network to ramp up on transaction speed, interoperability, and transparency
An upgrade to the Ethereum Network to improve its speed, efficiency and scalability
A Layer 2 scaling solution that enhances the Ethereum Network to perform larger transactions
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Which statement(s) are true about the Ethereum 2.0 features? * This field is required.
Sharding is a feature on Ethereum 2.0 where the network will be broken down into 18 "Shards" at the same time
Sharding is a feature on Ethereum 2.0 where it uses the proof-of-work consensus
Proof-of-stake is the consensus mechanism on Ethereum 2.0 that utilises lesser energy
All of the above
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What is the Proof-of-work mechanism?* This field is required.
An energy-intensive process which requires decoding of complex mathematical puzzles
It is a mechanism that requires validators to underwrite every transaction
It is a mechanism that approves transactions by creating new nodes
It is a consensus mechanism where miners are responsible for verifying transactions and they receive SBT
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What are the phases for the Ethereum 2.0 launch?* This field is required.
Ethereum Chain, Shards, Execution
Beecon Chain, Stake, Execution
Beacon Chain, Shards, Execution
Beacon Chain, Stake, Execution
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The purpose of the Ethereum Merge is to ____* This field is required.
Enable validators to solve complex computational problems quicker
Enable staking features for the Ethereum network and signal the end of Ethereum mining
Enable more capacity for Ethereum to process more tokens
Improve the network's sustainability by introducing more nodes
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What is the Beacon Chain?* This field is required.
A side chain of Ethereum
A core structure which reforms the consensus model from proof-of-work to proof-of-stake
A cross-chain that allowed interoperability between blockchains
A core that stores and manages the mining of Bitcoin
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What is the Shard Chain?* This field is required.
It is phase 4 within the merge to scale the network via staking
It is phase 1 within the merge to scale the network via staking
It is phase 1 within the merge to scale the network via shards
It is phase 2 within the merge to provide crosslinking in networds
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Which of the following statement(s) is true?* This field is required.
The final step for the Ethereum Merge is to establish the Beacon Chain
Phase 2 will be the final form of Ethereum 2.0 where the newer proof-of-stake network comes together
The latest upgrade on the Beacon Chain is the Berlin upgrade where gas costs are optimized
All the above
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