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!

What is the account reserve?
What is a DEX?
What are the two fundamental ways developers interact with the XRPL?
What is a liquidity provider (LP)?
Why doesn't the XRPL use Proof of Work (PoW)?
What are some of the advantages of decentralized finance?
What are some of the key benefits of blockchain technology?
What line of code correctly instantiates a client on the XRPL?
What is the web 2.0 era also known as?
Who first proposed the concept of smart contracts?
What is the primary goal when making a request on the XRPL?
What is proof-of-work?
A TransferFee of 5000 denotes what fee?
How is data mutation different in web 3.0 applications?
What is the difference between the testnet and livenet/mainnet servers?
What do Automated Market Makers (AMMs) do?
What is the purpose of hooks?
What could a smart contract be used for?
Why is trading on the XRPL a little different than on other blockchains?
What makes an asset non-fungible?