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Date 26 September 2023:
Q: What is the total number of blocks created in the blockchain? This of the genesis block is 0.
Ans: Block Height
Date 25 September 2023:
Q: What does this refer to as the time it takes for a certain block to be created?
Ans: Block Time
Date 24 September 2023:
Q: What is the term referring to the total sum of token value deposited in a smart contract?
Ans: TVL
Date 23 September 2023:
Q: What is the process of Adjusting the supply of tokens by permanently deleting a certain amount to strengthen security or improve utilities?
Ans: Burn
Date 22 September 2023:
Q: What's the name of the fixed fee the chain automatically adjusts based on average Gas consumption and network congestion for user convenience?
Ans: Base Fee
Date 21 September 2023:
Q: What is the gas fee paid as an incentive to the block creator to include Tx in EVM based chain?
Ans: Priority Fee
Date 20 September 2023:
Date 18 September 2023:
Q: What's the term for fees required to execute a smart contract on a blockchain?
Ans: Gas fee
Date 17 September 2023:
Q: What is this annual interest rate figure that calculates the simple interest you can earn through stacking?
Ans: Roi
Date 15 September 2023:
Q: What is the reward directly obtained during the block creation and validation process?
Ans: Block Reward
Date 14 September 2023:
Q: What is the name of the role that participates in the creation and verification of blocks through staking?
Ans: Validator