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Unilayer Network Quiz Week 2

Total questions: 11

Worksheet time: 13mins

Name
Class
Date
1.

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

a)

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.

b)

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.

c)

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.

d)

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

2.

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

a)

Provide cross-chain transaction security

b)

Combine the functions of Validators and Collators

c)

Act as native nodes in partner networks

d)

Deploy embedded UniLayer nodes on top of existing infrastructure

3.

What is the purpose of UniLayer's LogiX Layer?

a)

Generate draft blocks using signed blocks

b)

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

c)

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

d)

Deploy smart contracts on UniLayer

4.

What is the benefit of UniLayer for DApp developers?

a)

Participate in cross-chain transactions

b)

Deploy smart contracts on UniLayer

c)

Earn ULR tokens as rewards

d)

Access to advanced way to handle cross-chain data

5.

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

a)

Cross-chain NFT technology

b)

Building bridges

c)

Scalability for complex financial instruments

d)

Improving performance of gaming platforms

6.

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

a)

Validator

b)

Collaborator

c)

Collator

d)

MTN (Mixed Type Node)

7.

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

a)

Delegated Proof of Stake (UDPoS)

b)

Proof of Work (PoW)

c)

Proof of Stake (PoS)

d)

Proof of Capacity (PoC)

8.

What is the significance of UniLayer's Cross-chain Custody Block Explorer?

a)

Integration with Ethereum Mainnet

b)

Cross-chain assets transfer system

c)

Mainnet launch for Dogecoin

d)

Full Roadmap implementation

9.

What is the main benefit of Unilayer Network's Cross-chain Transport Protocol (CTCP)

a)

Gas-less transaction methodology.

b)

Allows transfer of data between partner chains.

c)

Enhance partner chain security protocol.

d)

Auditing partner chains smart contract.

10.

What is the primary goal of UniLayer?

a)

To enhance gaming platforms

b)

To build bridges between different blockchains

c)

To provide a Layer 1 blockchain solution for blockchain interoperability

d)

To focus on NFT technology

11.

What is your metamask wallet (BSC address/BEP20)?

4 lines