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Melon.web3 πŸŸ₯🎩🦊 pfp
Melon.web3 πŸŸ₯🎩🦊
@melonweb3
🟦MELONGAME🟦 Questions and answers, who wants to play? 🟧Every correct answer will get you DEGEN 🎩 🟧Play the game and have fun πŸ’œ 🎩Follow me so you don't miss any more MELONGAME, I'll be back in 4 hours to correct πŸ•΅πŸ½ https://melon-games.vercel.app/qa?img=10
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Cryptocraft πŸŽ©πŸ– pfp
Cryptocraft πŸŽ©πŸ–
@fmlala
3. A DAO on the Ethereum network leverages blockchain technology and smart contracts to create a decentralized and autonomous organizational structure. By issuing tokens and implementing transparent, rule-based decision-making processes, DAOs aim to revolutionize traditional organizational models, enabling more democratic and efficient governance. However, they also face challenges related to security, governance, and regulation
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Hasni Malik πŸŽ­πŸŽ©πŸ’°πŸ₯³ pfp
Hasni Malik πŸŽ­πŸŽ©πŸ’°πŸ₯³
@marie-curie
Leadership. 4. yes , eth consumes less energy. 5. Ethereum has no supply limit.
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only1mega.base.eth 🎩🐹🎭 pfp
only1mega.base.eth 🎩🐹🎭
@only1mega
1. Solidity is a statically-typed curly-braces programming language designed for developing smart contracts that run on Ethereum.
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MartinπŸŽ©πŸ“πŸ–πŸ”΅πŸŸ’ pfp
MartinπŸŽ©πŸ“πŸ–πŸ”΅πŸŸ’
@martin-ben
5) No fixed supply limit; issuance rate is governed by network rules and may decrease over time due to burning mechanisms. 4) False; traditionally consumed less, but now Ethereum uses PoS, which consumes significantly less energy. 3)A decentralized organization managed by smart contracts and member voting using tokens.
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law
@traguy.eth
1. Solidity is a statically-typed programming language designed for developing smart contracts on blockchain platforms like Ethereum. It facilitates the creation of self-executing contracts with the terms directly written into code. Solidity is influenced by JavaScript, Python, and C++, and it is used to implement sma... οΏΌ
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Umer.degen🎩 pfp
Umer.degen🎩
@umerkhan
2.) public address in Ethereum is like your "username" for receiving ETH, and your private key is like a "super-secret password" to control your funds. 3.) A DAO in Ethereum is like a digital club where members vote using tokens to make decisions. It runs on smart contracts that handle the decision-making automatically. 5.) The supply limit for ether is like the maximum number of tokens that can ever exist, just as there's a limit to how many words can fit in a word search puzzle.
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Chaufi
@jauhsey
4.Historically, Ethereum mining consumed significant energy due to its proof-of-work (PoW) mechanism, similar to Bitcoin mining. However, with the transition to Ethereum 2.0 and the adoption of proof-of-stake (PoS), Ethereum now consumes substantially less energy than Bitcoin mining. PoS eliminates the need for intensive computational work, thereby reducing the overall energy consumption of the Ethereum network.
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Zeph 🎩
@zeph
1. Solidity is a programming language used to write smart contracts on the Ethereum blockchain. 2. Public Address: An alphanumeric string derived from a public key, used to receive cryptocurrency. Private Key: A secure, secret alphanumeric string used to sign transactions, proving ownership of the associated public address. 3. A Decentralized Autonomous Organization (DAO) is an entity governed by smart contracts on the Ethereum blockchain. It operates without centralized control, allowing token holders to vote on proposals and decisions. 4. Yes, Ethereum mining traditionally consumes less energy than Bitcoin mining due to different consensus algorithms (Proof of Stake vs. Proof of Work). 5. Ethereum does not have a fixed supply limit for Ether.
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Jeremiah Omonuwa
@jerrydgreat
1. Solidity is a programming language used to write smart contracts for the Ethereum blockchain. It is used to create decentralized applications (dApps) and protocols on the Ethereum network. 2. *Public Address (also known as Wallet Address): - A unique string of characters (42 characters long) that starts with "0x" - Used to receive ETH or other ERC-20 tokens - Can be shared publicly to receive funds. *Private Key (also known as Secret Key): - Used to control access to your funds and perform transactions - Should be kept secret and secure, as it grants access to your assets 3. A decentralized autonomous organization (DAO) is an entity that operates on a blockchain, using smart contracts and token-based governance to enable participants to make decisions and contribute to its activities without a central authority. 4. Yes, Ethereum mining traditionally consumed less energy than bitcoin mining due to the difference consensus algorithm. 5. Ethereum does not have a fixed supply limit for Ether
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Hasni Malik πŸŽ­πŸŽ©πŸ’°πŸ₯³ pfp
Hasni Malik πŸŽ­πŸŽ©πŸ’°πŸ₯³
@marie-curie
1. Solidity is a programming language used to write smart contracts on Ethereum. 2. A public address is a string of 42 characters used to receive Ethereum. A private key is a string of 64 characters used to control a specific Ethereum address. 3. DAO is a decentralized autonomous organization that works without central leadership.(1)
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only1mega.base.eth 🎩🐹🎭 pfp
only1mega.base.eth 🎩🐹🎭
@only1mega
5. there is no max supply of Ethereum
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only1mega.base.eth 🎩🐹🎭 pfp
only1mega.base.eth 🎩🐹🎭
@only1mega
4. Yes
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only1mega.base.eth 🎩🐹🎭 pfp
only1mega.base.eth 🎩🐹🎭
@only1mega
3. DAO is a decentralized autonomous organization designed to act as a form of venture capital fund based on open-source code without a typical management structure or board of directors.
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only1mega.base.eth 🎩🐹🎭 pfp
only1mega.base.eth 🎩🐹🎭
@only1mega
2. Typically, crypto wallets each use a private and public key. To clarify, your public address (0x.....) can be shared with anyone. Conversely, your private key is the code that will allow anyone access to the funds stored at that public address.
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Cryptocraft πŸŽ©πŸ–
@fmlala
5. Ethereum (Ether or ETH) does not have a fixed supply limit like Bitcoin, which is capped at 21 million BTC. Instead, Ethereum has a different monetary policy designed to support its use as a decentralized platform and maintain network security and sustainability. In essence, while there is no hard cap on the supply of Ether, various mechanisms influence its overall supply growth, making it a dynamic and adaptable monetary system.
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Cryptocraft πŸŽ©πŸ– pfp
Cryptocraft πŸŽ©πŸ–
@fmlala
4. Ethereum mining generally consumes less energy than Bitcoin mining, primarily due to differences in their underlying consensus algorithms and network architectures. Ethereum now consumes considerably less energy than Bitcoin due to its adoption of PoS, which eliminates the need for energy-intensive mining operations
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Cryptocraft πŸŽ©πŸ– pfp
Cryptocraft πŸŽ©πŸ–
@fmlala
2. A public address is a string of alphanumeric characters that represents a unique identifier for a wallet or smart contract on the Ethereum blockchain. It is derived from the public key, which in turn is derived from the private key. A private key is a secret, alphanumeric string that allows you to access and control the funds associated with your public address. It is a randomly generated number that must be kept secure and confidential. Public Address: Used to receive funds; visible and shareable. Private Key: Used to access and control funds; must be kept secret.
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Cryptocraft πŸŽ©πŸ– pfp
Cryptocraft πŸŽ©πŸ–
@fmlala
1. olidity is a high-level, statically-typed programming language designed for writing smart contracts on blockchain platforms such as Ethereum. It is influenced by languages like JavaScript, Python, and C++, and is primarily used to implement smart contracts that can execute self-enforcing code on the Ethereum Virtual Machine (EVM). Solidity is a foundational technology for creating decentralized applications and enabling various blockchain-based innovations
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law
@traguy.eth
5. Ether (ETH) does not have a fixed supply limit like Bitcoin. But then, its supply is controlled through various mechanisms including network upgrades and changes in issuance rates. The supply increases through mining rewards but can also decrease due to mechanisms like EIP-1559, and this burns a portion of transaction fees.
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