👉September Answers and Trivia
👉August Answers and Trivia
👉July Answers and Trivia
👉Jun Answers and Trivia
👉May Answers and Trivia
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👉March Answers and Trivia
👉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! 😊
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Daily Quiz on October 5
(Web3 Trends)
🟢Quiz Question:
After the Apr 2024 halving, Bitcoin’s block reward is:
🟢Choose one correct answer:
・12.5 BTC
・6.25 BTC
・3.125 BTC
・1.5625 BTC
🟢Answer:
3.125 BTC
🟢Reason for choosing this answer:
Bitcoin’s block reward halves approximately every four years. Before April 2024, the reward was 6.25 BTC per block. After the fourth halving event in April 2024, it was reduced by 50%, resulting in a new block reward of 3.125 BTC. This halving mechanism is built into Bitcoin’s code to control inflation and ensure scarcity over time.
🟢Trivia:
Bitcoin started with a 50 BTC block reward when it launched in 2009. Through successive halvings in 2012 (25 BTC), 2016 (12.5 BTC), 2020 (6.25 BTC), and 2024 (3.125 BTC), the issuance rate has steadily declined. The next halving, expected around 2028, will reduce the reward to 1.5625 BTC. This process will continue until approximately the year 2140, when the total Bitcoin supply reaches its cap of 21 million coins.
Daily Quiz on October 4
(Web3 Trends)
🟢Quiz Questions:
Base, Coinbase’s L2, is built on which stack?
🟢Choose one correct answer:
・Cosmos SDK
・Substrate
・OP Stack
・Arbitrum Orbit
🟢Answer:
OP Stack
🟢Reason for choosing this answer:
Base, developed by Coinbase, is an Ethereum Layer 2 network that uses the OP Stack framework, the same open-source rollup architecture powering Optimism. The OP Stack was chosen because it enables scalability, lower fees, and compatibility with Ethereum’s ecosystem while allowing modular upgrades in the future. This makes it easier for developers to deploy dApps without sacrificing security or decentralization.
🟢Trivia:
The OP Stack is designed to be a “public good” infrastructure, governed by the Optimism Collective. Interestingly, Base has pledged to return a portion of its transaction fees back to the Optimism Collective treasury to support the development of public goods in the Ethereum ecosystem. This creates a collaborative rather than competitive dynamic between Layer 2s built on the same stack.
Daily Quiz on October 3
(Web3 Trends)
🟢Quiz Questions:
Which protocol popularized “restaking” on Ethereum in 2024?
🟢Choose one correct answer:
・Lido
・Chainlink
・EigenLayer
・Babylon
🟢Answer:
EigenLayer
🟢Reason for choosing this answer:
EigenLayer introduced and popularized the concept of “restaking” on Ethereum in 2024. Restaking allows users to take already staked ETH (or liquid staking tokens like stETH from Lido) and “restake” them to secure other protocols. This innovation created a shared security marketplace, enabling Ethereum’s validator set to extend its trust guarantees beyond the Ethereum base layer.
🟢Trivia:
The rise of EigenLayer sparked major discussions around Ethereum’s security model. While it unlocks powerful new opportunities for protocols to “borrow” Ethereum’s economic security, it also raised concerns about slashing risks and systemic contagion—since misbehavior in one protocol could jeopardize stakers across multiple services. By mid-2024, EigenLayer had become one of the most watched projects in Ethereum’s ecosystem, often referred to as a potential cornerstone of “Ethereum’s security economy.”
Daily Quiz on October 2
(Web3 Trends)
🟢Quiz Questions:
In EIP-4844, what are “blobs” mainly for?
🟢Choose one correct answer:
・Minting new ETH
・Validator slashing logs
・Static L1 snapshots
・Temporary rollup data
🟢Answer:
Temporary rollup data
🟢Reason for choosing this answer:
EIP-4844, also known as Proto-Danksharding, introduces “blobs” (large binary objects) as a way to handle temporary rollup data on Ethereum. These blobs are not permanently stored on-chain but instead exist for a limited time to reduce costs and improve scalability for Layer 2 rollups. This makes transactions much cheaper by offloading large amounts of data from Ethereum’s main storage while still maintaining security guarantees.
🟢Trivia:
Blobs in EIP-4844 are expected to cut rollup fees by 10x–100x, making Ethereum far more competitive with other blockchains in terms of transaction costs. They are a stepping stone toward full Danksharding, Ethereum’s long-term scalability solution. Interestingly, blobs are not directly accessible to the EVM (Ethereum Virtual Machine), which ensures they are used strictly for data availability and not as permanent storage.
Daily Quiz on October 1
(Web3 Trends)
🟢Quiz Questions:
Ethereum’s Dencun upgrade activated which key change?
🟢Choose one correct answer:
・Gas Burns
・Proto-Danksharding
・Full Sharding
・PoS Weight Increases
🟢Answer:
Proto-Danksharding
🟢Reason for choosing this answer:
The Dencun upgrade (activated on Ethereum in March 2024) introduced Proto-Danksharding (EIP-4844). This upgrade enabled the use of “blobs” for storing large amounts of transaction data more cheaply off-chain while still being verified by Ethereum. It was designed to significantly reduce rollup costs, making Layer 2 transactions cheaper and more scalable. The other options (Gas Burns, Full Sharding, PoS Weight Increases) were not part of the Dencun upgrade.
🟢Trivia:
Proto-Danksharding is considered a stepping stone toward full Danksharding, Ethereum’s long-term scaling solution. While full sharding will involve splitting the blockchain into multiple shards, Proto-Danksharding introduces temporary data blobs without full shard chains. This innovation boosts Layer 2 scalability today and lays the groundwork for Ethereum to support millions of transactions per second in the future.
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