Crosschains Quiz
Quiz
•
Professional Development
•
•
Practice Problem
•
Hard
Ekaterina Popova
Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What are cross-chain transactions?
Transactions within the same blockchain
Transactions involving different blockchains
Transactions between users and merchants
Transactions without any blockchain involvement
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What is the process for recovering cross-chain transactions?
Recovery is automatic for all transactions
Recovery requires a formal request from the merchant
Recovery is handled directly by the end-user
Recovery is not possible under any circumstances
3.
MATCH QUESTION
1 min • 5 pts
Match the crosschain case with the applicable stage in Jira (depending on it's status)
"New"
The funds are recovered and credited to crosschain merchant or sent back to the sender’s address.
"Force"
The transaction is being recovered.
“Recovering”
Transactions with almost expiring due date are being moved to this column, so they are taken care of firstly.
“Recovered”
The task is just received from the merchant and the confirmation is to be obtained
“Batch/Group”
Transactions to be recovered in a batch for BTC>BCH/group for other types of crosschains (the batch is performed around every 60 days).
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which cryptocurrencies require a memo/tag for transactions?
Bitcoin (BTC)
Ripple (XRP)
Ethereum (ETH)
Litecoin (LTC)
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the recovery fee for XRP/BNB transactions?
10% but not less than 10 EUR and no more than 300 EUR
10% but no less than 20 EUR and no more than 300 EUR
20% but no less than 20% and no more than 300 EUR
Free of charge
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
End-user sent XRP without tag, but does not agree to proceed with the recovery to the sender's address, what happens then?
The recovery process is cancelled
We advise to initiate the investigation process
The recovery is completed without consent
The recovery fee is waived
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What is the minimum amount (EUR) required for considering the recovery of cross-chain transactions with non-supported cryptocurrencies?
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