Coinbase in 2019 - Crypto For The Masses

Coinbase in 2019 - Crypto For The Masses

Assessment

Interactive Video

Business

University

Hard

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The video explores Cardano, a third-generation blockchain designed to address limitations of earlier blockchains like Bitcoin and Ethereum. It features a two-layer architecture for enhanced security and flexibility, a unique proof of stake protocol called Ouroboros, and a governance system that empowers users. Cardano's development is transparent, with peer-reviewed code and a treasury system to fund new implementations. Despite being in development, Cardano is a top cryptocurrency by market cap.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the limitations of first and second generation blockchains that Cardano aims to overcome?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Cardano ensure the quality of its code during development?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the significance of the proof of stake protocol in Cardano.

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the governance system play in the Cardano blockchain?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the Treasury system in Cardano and its purpose.

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary goal of Cardano as a third generation blockchain?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Cardano's two-layer technology enhance its functionality?

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