bq2
Ethereum 101
The Ethereum blockchain protocol, the EVM and what differentiates it with other blockchains.
Question #1: What major improvement differentiated Ethereum from its predecessors (such as Bitcoin) during launch?
It provided a Turing complete scripting language that allowed to execute code called smart contracts
It provided a more sustainable, energy-efficient consensus algorithm
It had less than 21M circulating supply of its base currency
It provides anonymity and private transactions
Question #2: Who's the inventor of the Ethereum protocol?
Satoshi Nakamoto
Vitalik Buterin
Hal Finney
Alan Turing
Question #3: What is Ethereum's native currency?
Ethereum
USD
ETC
Ether
Question #4: How many wei is 1 Ether?
10^3 - 1.000
10^6 - 1.000.000
10^12 - 1.000.000.000.000
10^18 - 1.000.000.000.000.000.000
Question #5: What is the base transaction fee for sending a standard Ether transaction?
It depends on market conditions
It depends how much Ether you send
21.000 gwei
1559 gwei
Question #6: How long does it take to finalize a block?
12 seconds
1 epoch
32 seconds
12.8 minutes
Question #7: Considering the following secret phrase `candy maple cake sugar pudding cream honey rich smooth crumble sweet treat` what is the first public address on default derivation path most commonly used for Ethereum?