Looking for Binance Solana Quiz Answers? If yes, then you’ve come to the right place. The Binance Solana quiz will comprise of 10 questions. You must complete the quiz without giving any incorrect answers to earn the reward.
Binance Solana quiz is Binance’s brand-new quiz launching on 30th Jan 2023. By using our given answers, you will be able to successfully complete this quiz and you will receive your reward.
The Binance Solana quiz is part of a program launched by Binance called “Binance Learn & Earn“. It was initiated in order to help people learn more about the blockchain by rewarding them with free crypto as they learn.
The duration of this quiz is 150 days.
Binance Solana Quiz Answers
The questions are constantly updated on Lifefow. If a change is made to a quiz, we do our best to update the answers as soon as possible. If you see an outdated question or one with a wrong answer, please contact us via comment or email us.
Q 1. Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate?
Correct Answer: Proof-of-work
Q 2. As of September 2022, what is the energy impact of a single Solana transaction on average?
Correct Answer: Less than a Google search (~500 J).
Q 3. What can you use SOL for?
Correct Answer: All are correct
Q 4. What is the average Solana transaction fee?
Correct Answer: $0.00025
Q 5. What is Saga?
Correct Answer: A crypto-friendly mobile phone that uses the Solana Mobile Stack.
Q 6. How quickly does it take the Solana Pay protocol to process a transaction globally?
Correct Answer: A few seconds
Q 7. Firedancer, a new Solana validator client being developed by Jump Crypto, can process how many TPS in a test environment?
Correct Answer: 1,200,000
Q 8. Solana uses mining to secure its network.
Correct Answer: False
Q 9. As of December 2022, how many NFTs have been minted using Solana?
Correct Answer: 22,700,000
Q 10. Which of the following established companies support or have integrated Solana?
Correct Answer: All are correct
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