Comprehensive Quiz

This comprehensive test contains a randomized set of questions from all courses and lessons. The questions will refresh every time you take it. Good luck!

Why would someone use escrows?
What do Automated Market Makers (AMMs) do?
Why did the founders of the XRPL create it?
What's one key reason why the XRPL uses a unique consensus algorithm?
What is the main advantage of using a payment channel?
A TransferFee of 5000 denotes what fee?
What is the NFTokenTaxon ID used for?
What is typically the last step when interacting with the XRP Ledger?
Why is trading on the XRPL a little different than on other blockchains?
Where is the best place to store your private keys?
What is a DEX?
When does the Order Book function the best?
Which hook in the nice-xrpl library is used to broker a buy and sell offer from a third-party?
The URI of an NFToken is meant to store what information?
What is the name of a digital asset that can represent a share of a company?
How does the XRPL order book differ from a typical AMM?
What does "minting an NFT" mean?
How does autobridging work?
Why is a trust line necessary for transactions with tokens and currency?
What code correctly creates and funds an account on the testnet?