This thread will contain a list of questions that could possible be used for interactive games to engage the community in online activities using platforms like Kahoot.
All questions have a number to facilitate making references to them in discussions about the matter; whether the question is single selection, multiple selection, or binary (specified by the capital letter S, M or B); a difficulty number ranging from 1 (the easiest ones) to 5 (most difficult ones), that is, in the opinion of the person that suggested the question were included; and finally the right answer or answers (in multiple selection) marked with an asterisk (*).
1) What does Nimiq stand for? (S1)
- The initials of the co-founders
- Inuit word for an object or force that binds things together (*)
- Acronym in esperanto for open money
- NIM programing language implementation of libraryIQ
2) What does NIM stand for? (S1)
- It’s the Nimiq cryptocurrency ticker (*)
- It’s the programing language NIM
- A recursive acronym for Nimiq Is Money
- Hope Never is Monday
3) Why is Nimiq a browser-first blockchain? (S1)
- A web browser is needed to connect to the blockchain
- A web browser extension is needed to connect to the blockchain
- The web browser is needed to authorize the wallet application
- Users can connect to the blockchain just using a web browser (*)
4) What does PoW stand for in a blockchain consensus algorithm? (S2)
- Probability of Winning a block
- Power function
- Proof of Waste
- Proof of Work (*)
5) What does PoS stand for in a blockchain consensus algorithm? (S2)
- Probability of Staking a block
- Price of Stake
- Proof of Stake (*)
- Peer on Sync
6) Is the Nimiq blockchain consensus Proof-of-Work or Proof-of-Stake? (S2)
- It is and will always be PoW
- It is and will always be PoS
- It’s PoW and will switch to PoS for version 2.0 (*)
- It’s PoS and will switch to PoW for version 2.0
7) NIM is a token in the Ethereum blockchain (B2)
- True
- False (*)
8) What is the smallest unit of value transferable in the Nimiq blockchain? (S2)
- NIM
- Luna (*)
- NET
- Satoshi
9) What is the ratio of conversion between NIM and Luna? (M1)
- 1 NIM = 100’000 Luna (*)
- 1 NIM = 10^5 Luna (*)
- 1 NIM = 100’000’000 Luna
- 1 NIM = 10^8 Luna
10) What does HTLC stand for in the Nimiq blockchain? (S2)
- Hard To Lose Coins
- Hash Time Locked Contract (*)
- Hint To Latent Connection
- Hexadecimal Transformed Logarithmic Checksum
11) What is a Nimiq account in the Nimiq blockchain? (S2)
- Is all addresses and tokens accesible via a unique private key (*)
- Is the login and password to access the Nimiq blockchain
- Is the address to receive payments in the Nimiq blockchain
- Is the user’s Nimiq avatar
12) What is an extended private key in the Nimiq blockchain? (M2)
- The encrypted user password
- The key used to generate all addresses in the account (*)
- The key used to sign transactions sent to the blockchain from the account (*)
- The key used to encrypt the full Nimiq blockchain
13) What is a mnemonic phrase in the Nimiq blockchain? (S1)
- Hint to remember the user password
- List of words containing all letters in a Nimiq addresses
- List of words from the standard BIP39 wordlist (*)
- List of words randomly generated
14) What are the recovery words for a Nimiq account? (S1)
- Hint to recover the account password
- Mnemonic phrase used to access an account (*)
- List of words used by the password recovery form on the Nimiq website
- List of words used to revert a transaction
15) Nodes in the Nimiq 2.0 responsible for making sure that all blocks added to the blockchain are in corcondance with the rules of concesus are know as (S2)
- Miners
- Validators (*)
- Stakers
16) Nimiq 2.0’s Proof-of-Stake stakers would receive rewards for (S2)
- Locking temporarly part of their coins in a special contract in the Nimiq blockchain (*)
- Running computaionaly expensive tasks to find valid blocks in the Nimiq blockchain
17) Nimiq 2.0 will allow delegate staking, which means that (S2)
- Borrowing your coins to a third party is the only way to obtain rewards
- Joining a pool ran by a validator will giveyou staking rewards without having to run a validator node yourself (*)
18) Nimiq 2.0 will continue to support CPU and GPU mining alogside staking (B2)
- False, only staking will be allowed (*)
- True
19) An atomic swap takes place when two parties perform an exchange in an way that (S2)
- Only one party can send a transaccion at a time, and only after the first transaction is complete is allowed the second transaction to be send
- Both transactions in the exchange have to be complete before the exchange expires, otherwise all transactions involved in the exchange are reverted (*)
20) It will be posible to receive staking rewards from a hardware wallet (B2)
- True (*)
- False
More questions will be added along the way but feel free to make any suggestions or modifications.
21) A wallet is considered to be cold or cold storage if the device holding its private keys is (S2)
- Allowed to be online
- Always offline (*)
22) A wallet is considered to be a hot wallet if (S3)
- The private keys are on a device that is allowed to be online (*)
- The device doesn’t store the private keys but is used to connect to a cold wallet
23) HD wallet stands for (S2)
- High definition wallet
- Hierarchical deterministic wallet (*)
24) A HD wallet can be used to generate multiple addresses for different cryptocurrencies (B2)
- True (*)
- False
25) All Nimiq accounts are HD wallets (B2)
- True
- False (*)
26) The current version of the Nimiq wallet only can generate HD wallets (B2)
- True (*)
- False