Binance Question answer

Binance Algorand Quiz Answers (ALGO) – Q1. Algorand has a Governance Program that allows the community to vote on measures that impact the future of the blockchain. True or false? Answer: True Q2. What is the total supply of ALGO tokens? Answer: 10 billion Q3. What is the minimum stake needed to run a validator node in Algorand’s PPOS consensus mechanism? Answer: 0.1 ALGO Q4. Silvio Micali, founder of Algorand, is famous for being the co-inventor of which of the following technologies? Answer: All are correct Q5. Which of the following companies are building NFT and Web3 projects on Algorand? Answer: All are correct Q6. For each round, the network selects: Answer: The block proposal with the lowest VRF hash Q7. How fast is an Algorand block? Answer: 3.7 seconds Q8. How much does it cost to send a transaction in Algorand? Answer: 0.001 ALGO Q9. How many transactions per second (TPS) can Algorand process? Answer: 6,000 Q10. Which consensus mechanism? Answer: PPos