What Is WalletConnect (WCT) Quiz Answers Binance Learn & Earn
What Is WalletConnect (WCT) Binance Quiz Answers
Question: What is blocking Web3 from reaching its full potential today?
(Select the best answer)
High transaction fees
Poor usability and limited accessibility
Lack of developers
Centralized exchanges
Question: What is the WalletConnect Token (WCT) primarily used within the WalletConnect Network?
(Select the best answer)
Sending instant messages between wallets
Buying NFTs directly on the WalletConnect app
Mining new cryptocurrencies
Powering UX innovation and enabling decentralized governance
Question: What year did the WalletConnect Network begin its decentralization journey?
(Select the best answer)
2024
2018
2023
2021
Question: What makes the WalletConnect Network unique in terms of blockchain support?
(Select the best answer)
It only supports major cryptocurrencies
It supports only Ethereum
It supports a limited number of blockchains
It is fully chain agnostic
Question: What entity now oversees the decentralized development of the WalletConnect Network?
(Select the best answer)
MetaMask Foundation
Web3 Foundation
WalletConnect Foundation
Reown
Question: Which of the following is NOT listed as a function of the WalletConnect Token (WCT)?
(Select the best answer)
Staking
Advertising
Governance
Rewards
Question: How many cumulative connections has the WalletConnect Network facilitated as of the data shared?
(Select the best answer)
Exactly 100 million
Over 274 million
Over 50 million
Over 10 billion
Question: How does WalletConnect establish a connection?
(Select the best answer)
Via SMS codes
Using QR codes or deep links
By sharing private keys
Through email verification
Binance Learn & Earn Quiz Answers: WalletConnect (WCT)
Answer 1. Poor usability and limited accessibility
Answer 2. Advertising
Answer 3. Using QR codes or deep links
Answer 4. It is fully chain agnostic
Answer 5. Over 274 million
Answer 6. Powering UX innovation and enabling decentralized governance
Answer 7. 2023
Answer 8. WalletConnect Foundation