What Is Rootstock (RIF)? Binance Quiz Answer
Question 1: Which wallets support the Rootstock network and allow you to store RIF and rBTC?
Answer: All of the above.
Question 2: How much BTC has already been bridged into Rootstock?
Answer: Over 2500.
Question 3: Which feature allows Rootstock to support Ethereum-compatible smart contracts?
Answer: EVM Compatibility.
Question 4: Which of these DApps are available on Rootstock today?
Answer: All of the above
Question 5: Which blockchain does Rootstock inherit its security from?
Answer: Bitcoin.
Question 6: What is one thing that staking RIF in the RootstockCollective DAO allows you to do?
Answer: Earn rewards in RIF & BTC.
Question 7: What is Rootstock’s native BTC-pegged token called?
Answer: rBTC.
Question 8: What is the staked version of RIF that is used for governance in RootstockCollective DAO?
Answer: stRIF.
Question 9: What is the primary role of the RIF token in the Rootstock ecosystem?
Answer: Scaling Bitcoin DeFi on Rootstock.
Question 10: What percentage of Bitcoin’s hash power secures Rootstock?
Answer: Over 80%.
Answer: All of the above.
Question 2: How much BTC has already been bridged into Rootstock?
Answer: Over 2500.
Question 3: Which feature allows Rootstock to support Ethereum-compatible smart contracts?
Answer: EVM Compatibility.
Question 4: Which of these DApps are available on Rootstock today?
Answer: All of the above
Question 5: Which blockchain does Rootstock inherit its security from?
Answer: Bitcoin.
Question 6: What is one thing that staking RIF in the RootstockCollective DAO allows you to do?
Answer: Earn rewards in RIF & BTC.
Question 7: What is Rootstock’s native BTC-pegged token called?
Answer: rBTC.
Question 8: What is the staked version of RIF that is used for governance in RootstockCollective DAO?
Answer: stRIF.
Question 9: What is the primary role of the RIF token in the Rootstock ecosystem?
Answer: Scaling Bitcoin DeFi on Rootstock.
Question 10: What percentage of Bitcoin’s hash power secures Rootstock?
Answer: Over 80%.