Looking for the answer to today's Syntax Verse Daily Quiz Answers 21 May 2025? You're in the right place! Collect your rewards by answering Syntax today's quiz: "What makes a DAO “autonomous?" with CoinGabbar.
Syntax Verse is an innovative Web3 mining project that was launched on March 17, 2025. People can earn $SYNTAX tokens through mining. The site created a lot of buzz right after its release, attracting over 50,000 users.
There is a Syntax Verse Application in the Android and iOS phones also, and thus allowing users to mine and manage their coins simply. The Syntax downloaded from the Google Play Store or the App Store.
Quiz: What makes a DAO “autonomous”?
Answer: D) It operates on pre- coded rules without central control.
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Question 1: What does “staking” typically involve in a Proof of Stake blockchain?
Answer: B) Locking up coins to validate transactions.
Question 2: Which of the following blockchains uses Proof of Stake (PoS)?
Answer: A) Ethereum (post-Merge).
Question 3: In PoS, validators are chosen based on:
Answer: C) The size and duration of their stake.
Question: What is one major benefit of Proof of Stake over Proof of Work?
Answer: C) It’s more energy-efficient.
Question 1: What does the term “Real World Assets” (RWAs) refer to in the context of blockchain?
Answer: B) Physical assets represented on-chain.
Question 2: Which of the following is not typically considered a Real World Asset?
Answer: D) Bitcoin.
Question 3: What is the primary benefit of tokenizing Real World Assets on a blockchain?
Answer: C) Increases liquidity and accessibility.
Question 4: Which type of blockchain token is often used to represent Real World Assets?
Answer: D) Security token.
Question 1: What is the first step in generating a Bitcoin address?
Answer: D) Generating a private key.
Question 2: Bitcoin private key is typically represented as:
Answer: B) A 256-bit number.
Question 3: Which algorithm is used to create a public key from a private key in Bitcoin?
Answer: C) ECDSA (secp256k1).
Question 4: What is added to the beginning of a Bitcoin address before Base58 encoding?
Answer: B) A version byte.
Question 1: What is cryptojacking?
Answer: B) Unauthorized use of a device to mine cryptocurrency.
Question 2: Which of the following is a common way cryptojacking malware enters a device?
Answer: C) Phishing emails.
Question 3: What does cryptojacking primarily consume on a victim’s computer?
Answer: B) CPU and GPU resources.
Question 4: One sign your computer might be cryptojacked is:
Answer: D) Overheating and slow performance.
Question 5: What’s a good way to prevent browser-based cryptojacking?
Answer: B) Installing browser extensions that block mining scripts.
Question 1: What was the Silk Road in the context of Bitcoin’s early history?
Answer: B) A dark web marketplace.
Question 2: Which key feature of Bitcoin made it appealing for use on the Silk Road?
Answer: D) Pseudonymous transactions.
Question 3: What platform was the Silk Road accessible through?
Answer: C) Tor browser.
Question 4: In which year was the Silk Road shut down by the FBI?
Answer: B) 2013.
Question 1: What is a crypto bond?
Answer: A) A blockchain-based version of a traditional bond.
Question 2: Which of the following best describes the main purpose of crypto bonds?
Answer: B) To raise funds by offering returns over time.
Question 3: Which blockchain has been notably used to issue crypto bonds?
Answer: A) Ethereum.
Question 4: What risk is associated with crypto bonds?
Answer: C) Lack of regulatory clarity.
Question 1: What is one of the key reasons people use DeFi lending platforms?
Answer: D) To earn passive income on idle assets.
Question 2: In DeFi, what is typically required before borrowing funds?
Answer: C) Collateral deposit.
Question 3: What does LTV stand for in DeFi lending?
Answer: B) Loan-To-Value.
Question 4: Which of the following is a popular DeFi lending platform?
Answer: C) Compound.
Question 1: What is cross-chain interoperability?
Answer: A) Communication between different blockchains.
Question 2: What enables blockchains to interact?
Answer: C) Bridges and interoperability protocols.
Question 3: What is a blockchain bridge?
Answer: B) A tool for transferring assets between chains.
Question 4: What does a wrapped token represent?
Answer: C) A token pegged to an asset on another blockchain.
Question 5: Why is cross-chain interoperability important?
Answer: A) It allows seamless asset transfers between networks.
Question 6: What is an example of a cross-chain protocol?
Answer: B) Polkadot.
Question 1: What are gas fees in crypto?
Answer: C) Transaction costs on a blockchain.
Question 2: Which blockchain is known for high gas fees?
Answer: B) Ethereum.
Question 3: What factors determine gas fees?
Answer: A) Network congestion and transaction complexity.
Question 4: Who receives gas fees in a Proof-of-Work network?
Answer: D) Miners.
Question 5: What happens if a gas fee is too low?
Answer: C) Transaction may fail or be delayed.
Question 6: What can help reduce gas fees?
Answer: A) Using Layer 2 solutions.
Question 7: What happens if a transaction runs out of gas?
Answer: B) It fails but fees are still deducted.
Question 1: What does Tokenomics refer to?
Answer: A) Study of token usage and distribution.
Question 2: What is a token supply limit?
Answer: C) Maximum number of tokens that will ever exist.
Question 3: What happens in a token burn?
Answer: C) Tokens are removed from circulation.
Question 4: What is the purpose of staking in Tokenomics?
Answer: A) Securing the network and earning rewards.
Question 5: What is a token vesting schedule?
Answer: B) Gradual release of locked tokens.
Question 6: Which factor affects a token’s price the most?
Answer: D) Supply and demand.
Question 7: How are governance tokens used?
Answer: A) Voting on project decisions.
Question 8: What is a token airdrop?
Answer: B) Free distribution of tokens.
Question 1: What is a private key in cryptocurrency?
Answer: B) A code that allows you to access and control your crypto wallet.
Question 2: What happens if someone else gets your private key?
Answer: A) They can send crypto on your behalf.
Question 3: Which of the following should you do with your private key?
Answer: C) Store it securely and keep it secret.
Question 4: Which storage method is safest for private keys?
Answer: A) Writing it down on paper and hiding it.
Question 5: What kind of wallet gives you full control over your private key?
Answer: 3) Non-custodial wallet.
The presence of random and daily quizzes on the platform allows audience members to earn extra $SYNTAX tokens. Quizzes add a bit of entertainment and reward to the process of mining.
Deepak Choudhary is a solid two years of writing experience and crypto enthusiast. He writes about blockchain games, Telegram games, and tap-to-earn platform. Like his audience, he writes with clarity, simplicity, and lots of useful tips in his articles. He helps those unfamiliar with various aspects of crypto world in a very simple way. He also provides regular updates on the fast growing world of blockchain, with great articles covering current and expected trends and guides. His writings on crypto games as well as crypto earning apps on Telegram are quite useful and informative for people novice and experienced. His aim is to help more people explore and profit from Web3 ecosystem.
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