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Miner777
Jun 24
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✅ Correct Answer: B) Decentralized Autonomous Organization 🧠 Explanation: A DAO (Decentralized Autonomous Organization) is a blockchain-based structure where decision-making is automated via smart contracts and governed collectively by its members—without centralized control. It’s a key innovation in Web3 governance models. #AlphaxTayeb
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✅ Correct Answer: C) Proof of Stake 🧠 Explanation: Proof of Stake (PoS) is a consensus mechanism where validators are selected based on the amount of cryptocurrency they hold and are willing to lock up—or “stake”—as collateral. This method reduces energy consumption and offers a scalable alternative to mining-based systems. #AlphaxTayeb
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Think you know crypto? Let’s put your knowledge to the test. 👇 Drop your answer in the comments: A, B, C, or D? 🔍 Stay sharp. Stay curious. #AlphaxTayeb #CryptoQuiz #BlockchainBasics
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✅ Correct Answer: B) Litecoin 🧠 Explanation: Litecoin uses the Scrypt hashing algorithm for mining, which was designed to be more memory-intensive and accessible to individual miners compared to Bitcoin’s SHA-256. This helped decentralize mining in its early days. #AlphaxTayeb
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