Crosschains Quiz

Crosschains Quiz

15 Qs

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Crosschains Quiz

Crosschains Quiz

Assessment

Quiz

Professional Development

Practice Problem

Hard

Created by

Ekaterina Popova

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Media Image

What are cross-chain transactions?

Transactions within the same blockchain

Transactions involving different blockchains

Transactions between users and merchants

Transactions without any blockchain involvement

2.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Media Image

What is the process for recovering cross-chain transactions?

Recovery is automatic for all transactions

Recovery requires a formal request from the merchant

Recovery is handled directly by the end-user

Recovery is not possible under any circumstances

3.

MATCH QUESTION

1 min • 5 pts

Match the crosschain case with the applicable stage in Jira (depending on it's status)

“Batch/Group”

Transactions to be recovered in a batch for BTC>BCH/group for other types of crosschains (the batch is performed around every 60 days).

"New"

The funds are recovered and credited to crosschain merchant or sent back to the sender’s address.

“Recovering”

Transactions with almost expiring due date are being moved to this column, so they are taken care of firstly.

“Recovered”

The transaction is being recovered.

"Force"

The task is just received from the merchant and the confirmation is to be obtained

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Which cryptocurrencies require a memo/tag for transactions?

Bitcoin (BTC)

Ripple (XRP)

Ethereum (ETH)

Litecoin (LTC)

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is the recovery fee for XRP/BNB transactions?

10% but not less than 10 EUR and no more than 300 EUR

10% but no less than 20 EUR and no more than 300 EUR

20% but no less than 20% and no more than 300 EUR

Free of charge

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

End-user sent XRP without tag, but does not agree to proceed with the recovery to the sender's address, what happens then?

The recovery process is cancelled

We advise to initiate the investigation process

The recovery is completed without consent

The recovery fee is waived

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

What is the minimum amount (EUR) required for considering the recovery of cross-chain transactions with non-supported cryptocurrencies?

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