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PoW vs PoS: Mining and Staking Basics Quiz

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14 Questions

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PoW vs PoS: Mining and Staking Basics: a General level Cryptocurrency quiz. Test your knowledge with 14 questions!

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Questions

Question 1

What is the primary goal of Proof of Work mining?

A To secure the network

B To waste electricity

C To decrease transaction speed

D To store user passwords

Question 2

In Proof of Stake, what do users lock up to validate transactions?

A Hardware power

B Personal identity documents

C Cryptocurrency tokens

D Internet bandwidth

Question 3

Which consensus mechanism is generally more energy-efficient?

A Proof of Stake

B Proof of Burn

C Proof of Work

D Proof of Capacity

Question 4

What do validators in Proof of Stake receive as a reward?

A Physical gold

B Mining rigs

C Transaction fees

D Tax credits

Question 5

Which mechanism makes a network vulnerable to a 51% attack using hash power?

A Proof of Work

B Proof of History

C Proof of Authority

D Proof of Stake

📋 This quiz has 14 questions in total.