[XENEA Wallet] Daily Quiz March Answers and Trivia! ✨️ updated daily ✨️

👉February Answers and Trivia
👉January Answers and Trivia

XENEA Wallet features a Daily Quiz that enhances user engagement while offering a fun and gamified way to learn about Web3 and the Xenea ecosystem.

Although many kind individuals are sharing answers on X (formerly Twitter), it feels like the quiz is turning into a game of simply picking the right answer without understanding the questions. To address this, this article will provide not only the answers to XENEA Wallet’s Daily Quiz but also the reasoning behind them and additional insights. By leveraging XENEA Wallet NAVI (ChatGPT), we aim to make the experience more informative and meaningful.

It takes less than a minute, so bookmark this page and check back daily! 😊

Start Your Journey with XENEA Wallet Today!

XENEA Wallet is an innovative app that makes exploring the world of Web3 both fun and rewarding! Complete simple missions, claim daily bonuses, and earn rewards while learning about the future of digital technology.

With cutting-edge security and unparalleled convenience, XENEA Wallet offers you the chance to participate in future airdrops and mining opportunities. Simply download the app to begin your new digital experience!

New users can start with 1,000 gems by signing up with the invite code below!

1️⃣ Download the app
2️⃣ Enter the invite code: h3dYzHejPI
3️⃣ Sign up with your Google or Apple account

Enjoy the exciting world of XENEA Wallet!

Please refer to the following page for information on how to earn Gems.
How many days does it take to earn 10,000 gems and start automatic mining with the XENEA Wallet?

Daily Quiz on Mar 3

🟢Quiz Question:
What year was Bitcoin created?

🟢Choose one correct answer:
・2009
・2011
・2015
・2018

🟢Answer:
2009

🟢Reason for choosing this answer:
Bitcoin was officially launched in 2009 by an anonymous person or group known as Satoshi Nakamoto. The Bitcoin whitepaper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System”, was published in October 2008, and the first block (Genesis Block) was mined on January 3, 2009.

🟢Trivia:
・The first Bitcoin transaction took place on January 12, 2009, when Satoshi Nakamoto sent 10 BTC to computer scientist Hal Finney.
・The first real-world purchase using Bitcoin happened in 2010, when a programmer named Laszlo Hanyecz bought two pizzas for 10,000 BTC, which would be worth hundreds of millions of dollars today. This day is now celebrated as Bitcoin Pizza Day (May 22).

Daily Quiz on Mar 2

🟢Quiz Questions:
What does DACS stand for in Xenea’s ecosystem?

🟢Choose one correct answer:
・Decentralized Access Control System
・Decentralized Autonomous Contents Storage
・Decentralized Adaptive Cloud Storage
・Dynamic Autonomous Computing Storage

🟢Answer:
Decentralized Autonomous Contents Storage

🟢Reason for choosing this answer:
DACS (Decentralized Autonomous Content Storage) is a core technology of Xenea, ensuring data consistency and persistence by integrating a distributed file system directly into the blockchain. This approach eliminates the risks of external storage dependency, providing secure and decentralized data storage.

🟢Trivia:
DACS includes a mechanism called Sustainable Generation Manager (SGM), which periodically replicates and migrates stored data across nodes to prevent data loss. Additionally, Fast Track Content Delivery Manager (FASTD) is incorporated to prioritize frequently accessed data for faster retrieval.

Daily Quiz on Mar 1

🟢Quiz Question:
What does PoD stand for in Xenea’s blockchain architecture?

🟢Choose one correct answer:
・Proof of Data
・Proof of Decentralization
・Proof of Distribution
・Proof of Democracy

🟢Answer:
Proof of Democracy

🟢Reason for choosing this answer:
Xenea’s blockchain architecture operates on the PoD (Proof of Democracy) consensus mechanism. PoD was previously known as VPoW (Voting Proof of Work) and was introduced to ensure decentralization and long-term security without relying on token price fluctuations or energy-intensive computations.

🟢Trivia:
PoD allows wallet users to participate in transaction validation by delegating their voting power to Rep Nodes. This makes it more inclusive compared to traditional consensus mechanisms like Proof of Work (PoW) and Proof of Stake (PoS). Additionally, it minimizes the risk of centralization by ensuring voting power is distributed among a broad user base.