Binance Solana quiz answers – Hello all, I hope you are completing all new academy courses by giving Binance blockchain fundamentals quiz answers. Meanwhile, Binance declared the next round of learn and earn.
There are five crypto quizzes named BUSD, BNB, Solana, Hashflow and Hooked Protocol that can be completed to get free crypto rewards.
All Binancians whose account is KYC verified are eligible to take the above mentioned quiz. Reward amount is predetermined and will be distributed at the end of the quiz activity.
SOL, HOOK and HFT rewards will be automatically staked for 150 days. You can enjoy 10% of its standard annualized interest rate. Binance SOL quiz answers will be updated here.
Learn And Earn Binance SOL Quiz
| Name | Binance learn and earn solana quiz |
| Date | From 30th January 2023 |
| Time | 09:00 (UTC) |
| Rewards | 0.005 SOL worth $1.2 |
| Link | Binance SOL quiz |
Binance Solana Quiz Answers
Q1. Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate?
Answer: Proof-of-work
Q2. As of September 2022, what is the energy impact of a single Solana transaction on average?
Answer: Less than a Google search (~500 J)
Q3. What can you use SOL for?
Answer: All are correct
Q4. What is the average Solana transaction fee?
Answer: $0.00025
Q5. What is Saga?
Answer: A crypto-friendly mobile phone that uses the Solana mobile stack
Q6. How quickly does it take the Solana Pay protocol to process a transaction globally?
Answer: A few seconds
Q7. Firedancer, a new Solana validator client being developed by Jump crypto, can process how many TPS in a test environment?
Answer: 1,200,000
Q8. Solana uses mining to secure its network.
Answer: FaIse
Q9. As of December 2022, how many NFTs have been minted using Solana?
Answer: 22,700,000
Q10. Which of the following established companies support or have integrated Solana?
Answer: All are correct
Q11. As of December 2022, how many NFTs have been minted using Solana?
Answer: 22,700,000
Q12. Which of the following established companies support or have integrated Solana?
Answer: All are correct
About Solana Blockchain And SOL Token
Solana is a blockchain network that focuses to make transactions very fast. It uses unique methods to improve speed by making transactions easier, faster, and less expensive.
It has low fees, with the average transaction of $0.00025. SOL is its native token also known as utility token that can be used to pay transaction fees. Users can also stake and hold SOL.
Solana’s nodes can validate transactions in a very less time. It is one of the most energy efficient blockchains.
