Back to Course Quiz #3 0% Complete 0/0 Steps Quiz 1 of 0 Quiz #3 Member July 11, 2024 Time limit: 0 Quiz Summary 0 of 3 Questions completed Questions: Information You have already completed the quiz before. Hence you can not start it again. Quiz is loading… You must sign in or sign up to start the quiz. You must first complete the following: Results Quiz complete. Results are being recorded. Results 0 of 3 Questions answered correctly Your time: Time has elapsed You have reached 0 of 0 point(s), (0) Earned Point(s): 0 of 0, (0) 0 Essay(s) Pending (Possible Point(s): 0) Categories Not categorized 0% Show Question 1 Show Question 2 Show Question 3 Review Answered Correct Incorrect Question 1 of 3 1. Question What is a common use case for ERC-20 tokens? Issuing new cryptocurrencies Correct Incorrect Correct answer Running full nodes on the blockchain Correct Incorrect Correct answer Participating in Initial Coin Offerings (ICOs) Correct Incorrect Correct answer Managing private keys Correct Incorrect Correct answer Correct Incorrect Question 2 of 3 2. Question How can a user authorize another Ethereum address to spend tokens on their behalf? By using the transfer function Correct Incorrect Correct answer By using the approve and transferFrom functions Correct Incorrect Correct answer By mining a new block Correct Incorrect Correct answer By creating a new token Correct Incorrect Correct answer Correct Incorrect Question 3 of 3 3. Question Which of the following is a popular ERC-20 token? Bitcoin (BTC) Correct Incorrect Correct answer Ripple (XRP) Correct Incorrect Correct answer Tether (USDT) Correct Incorrect Correct answer Litecoin (LTC) Correct Incorrect Correct answer Correct Incorrect
