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I take no responsibility in the accuracy of this quiz. This is intended as my proof of on-chain activity on WEB3.0 . If you come across my mirror, please cross-reference with other reliable sources.
ZETA Assimilated 101
1. ZetaChain is the first public L1 blockchain and omnichain smart contract platform. **ZetaChain enables full interoperability with…
Layer 1 blockchains (Ethereum, BSC, Cosmos, Etc.) Layer 2 blockchains (Polygon, Optimism, Etc.) Non-smart blockchains (Bitcoin, Dogecoin, Etc.) D. **All the above (and any existing & future chain!)
2. ZetaChain is the only public blockchain that supports odApps. What's an odApp?*
A. Omnichain decentralized app Online decentralized app Omnichain distributed app Of-all-chains decentralized app
3. ZetaChain introduces the first Omnichain Smart Contracts, which can:*
Only move native fungible assets cross-chain Only move native NFTs cross-chain C. Access and manage assets, data, and liquidity on any chain Execute programs on blockchains that have certain standards
4. Some benefits of Omnichain Smart Contracts include: *
Less fees/slippage for users (everything happens in 1 step) Improved security (single chain & faster settlement) Simpler app user interfaces (like one wallet without having to switch networks) D. All the above
5. Omnichain dApps can manage and connect data and value across all blockchains including non-smart contract platforms. An example of a non-smart chain is: *
A. Bitcoin Ethereum Polygon Avalanche
6. How do cross-chain swaps on ZetaChain work? *
Two-way pegging mechanism where the assets are locked and the user receives a wrapped version B. One-way peg where the only native value that goes cross-chain is via the ZETA token. The user receives the desired native asset in one swap.
Examples of Omnichain dApps include: *
Cross-chain lending & borrowing in a single step NFTs & Identity DAO & governance tools D. All the above & much more!
I take no responsibility in the accuracy of this quiz. This is intended as my proof of on-chain activity on WEB3.0 . If you come across my mirror, please cross-reference with other reliable sources.
ZETA Assimilated 101
1. ZetaChain is the first public L1 blockchain and omnichain smart contract platform. **ZetaChain enables full interoperability with…
Layer 1 blockchains (Ethereum, BSC, Cosmos, Etc.) Layer 2 blockchains (Polygon, Optimism, Etc.) Non-smart blockchains (Bitcoin, Dogecoin, Etc.) D. **All the above (and any existing & future chain!)
2. ZetaChain is the only public blockchain that supports odApps. What's an odApp?*
A. Omnichain decentralized app Online decentralized app Omnichain distributed app Of-all-chains decentralized app
3. ZetaChain introduces the first Omnichain Smart Contracts, which can:*
Only move native fungible assets cross-chain Only move native NFTs cross-chain C. Access and manage assets, data, and liquidity on any chain Execute programs on blockchains that have certain standards
4. Some benefits of Omnichain Smart Contracts include: *
Less fees/slippage for users (everything happens in 1 step) Improved security (single chain & faster settlement) Simpler app user interfaces (like one wallet without having to switch networks) D. All the above
5. Omnichain dApps can manage and connect data and value across all blockchains including non-smart contract platforms. An example of a non-smart chain is: *
A. Bitcoin Ethereum Polygon Avalanche
6. How do cross-chain swaps on ZetaChain work? *
Two-way pegging mechanism where the assets are locked and the user receives a wrapped version B. One-way peg where the only native value that goes cross-chain is via the ZETA token. The user receives the desired native asset in one swap.
Examples of Omnichain dApps include: *
Cross-chain lending & borrowing in a single step NFTs & Identity DAO & governance tools D. All the above & much more!
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