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REEF Token Quize Answers 👇

Q:What consensus mechanism does the Reef ecosystem use?
A: Nominated Proof of Stake

Q:What does Reef stand for?
A:Reliable, Extensible, Efficient, Fast

Q:How much does the average transaction cost on Reef?
A: $0.17

Q:What does REEF-20 mean?
A:The native utility token that powers the Reef blockchain

Q:How many types of REEF tokens exist on the market?
A: 3

Q:What is Reef Finance?
A:A layer 1 blockchain for DeFi, NFTs, and gaming

Q:What is Reef's current max token supply?
A: There is no max supply

Q:What are the types of REEF tokens?
A:All of the options

Q:How many transactions per second (TPS) is Reef able to process?
A:Over 460 TPS

T Token Quiz Answers 👇👇

Q: Proxy Re-encryption allows the sharing of encrypted data without decryption of data or the sharing of private keys. True or False?
A: true

Q: tBTCv2 is a bridge between Bitcoin and ____?
A: Ethereum

Q: tBTCv2 is the only bridge bringing your Bitcoin to Ethereum that preserves open access and doesn't require you to trust a third party. True or False?
A: true

Q: What is NOT a feature of threshold cryptography?
A: Reliance on central authority (X)

Q: Proxy re-encryption is designed to ____?
A: Protect user data and enforce access controls

Q: Which are features of the Threshold Network?
A: All are correct.

Q: Threshold was created from the first-ever decentralized merger of the NuCypher and ___ Networks?
A: keep

Q: Threshold cryptography empowers users to no longer have to make a trade-off between usability and ____.
A: Privacy

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Bitget Exchange Quiz Answers 👇

1: What is the full name of $BGB?

Bitget Token

2: Which of these $BGB use cases are false?

Governance voting

3: How much discount can I get when I use BGB to pay for my Spot trading fees?

20%

4: How many $BGB are in circulation right now?

500,000,000 BGB

5: Which of the following statements are correct?

All 3 statements above are correct.

6: What achievement has Bitget accomplished till now?

All 3 accomplishments above.

7: What is the initial price of BGB?

0.058

8: How many fiats have Bitget supported?

15+

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