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Unilayer Network Quiz Week 2

Authored by Nasrullah Annuar

Computers

12th Grade

11 Questions

Used 4+ times

Unilayer Network Quiz Week 2
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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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The following is Unilayer Network key innovation from other L1 networks in the market, EXCEPT:

It runs “Universal Nodes”, embedded directly within the blockchain networks that UniLayer connects, validating transactions natively on those networks, while also facilitating cross-chain transactions.

It runs cross-chain logic smart contracts (“Logix”) to allow a single smart contract to connect separate blockchains simply and securely, all through UniLayer’s decentralized L1 network.

It runs custodial bridge protocols which is managed by an Unilayer Network in a centralized manner and offer high levels of speed and efficiency for users who must trust the reputation of the bridge provider for security purposes.

It can natively and seamlessly integrate with any kind of chain: L0, L1, L2.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the function of Mixed Type Nodes (MTN) in UniLayer?

Provide cross-chain transaction security

Combine the functions of Validators and Collators

Act as native nodes in partner networks

Deploy embedded UniLayer nodes on top of existing infrastructure

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the purpose of UniLayer's LogiX Layer?

Generate draft blocks using signed blocks

Handle data in both directions with any smart contract on any chain

To allow adaptability of cross-chain network and enable cross chain security system.

Deploy smart contracts on UniLayer

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the benefit of UniLayer for DApp developers?

Participate in cross-chain transactions

Deploy smart contracts on UniLayer

Earn ULR tokens as rewards

Access to advanced way to handle cross-chain data

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the potential use case of UniLayer in the DeFi sector?

Cross-chain NFT technology

Building bridges

Scalability for complex financial instruments

Improving performance of gaming platforms

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The following is Unilayer Network's masternodes types, EXCEPT"

Validator

Collaborator

Collator

MTN (Mixed Type Node)

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which consensus algorithm used by Unilayer Network's Mixed Type Nodes (MTN)

Delegated Proof of Stake (UDPoS)

Proof of Work (PoW)

Proof of Stake (PoS)

Proof of Capacity (PoC)

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