Binanace Learn & Earn “what is solana” Reward 0.1 Sol

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Quiz Answers

Q: Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate?
Ans: Proof-of-work

Ans: Proof-of-work

Q: As of September 2022, what is the energy impact of a single Solana transaction on average?

Ans: Less than a Google search (~500 J).

Q: What can you use SOL for?

Ans: All are correct

Q: What is the average Solana transaction fee?

Ans: $0.00025

Q: What is Saga?

Ans: A crypto-friendly mobile phone that uses the Solana Mobile Stack.

Q: How quickly does it take the Solana Pay protocol to process a transaction globally?

Ans:  A few seconds

Q: Firedancer, a new Solana validator client being developed by Jump Crypto, can process how many TPS in a test environment?

Ans: 1,200,000

Q: Solana uses mining to secure its network.

Ans: False

Q: As of December  2022, how many NFTs have been minted using Solana?

Ans:  22,700,000

Q: Which of the following established companies support or have integrated Solana?

Ans: All are correct

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