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Consensus Mechanisms Explained Quiz

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Consensus Mechanisms Explained: a General level Cryptocurrency quiz. Test your knowledge with 13 questions!

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Questions

Question 1

What is the process of mining in PoW?

A Counting votes

B Writing essays

C Solving complex math

D Printing paper

Question 2

What is Proof-of-Stake (PoS)?

A Mining with machines

B Validators staking coins

C A lottery system

D A banking algorithm

Question 3

Which is more energy efficient?

A Both are equal

B Neither uses energy

C Proof-of-Stake

D Proof-of-Work

Question 4

What is a 'miner' in PoW?

A A computer solving problems

B A crypto investor

C A person in a cave

D A bank clerk

Question 5

What do you need to participate in PoS?

A Holding the coin

B A government permit

C A mining rig

D A giant supercomputer

📋 This quiz has 13 questions in total.