➡️ LEVEL 9 - DECENTRALIZED APPLICATIONS (DAPPS)

In a dapp, what is the role of a 'token'?
D. All of the above

What is the main distinction between smart contracts and dapps (Decentralized Applications)?
D. Smart Contracts facilitate, verify, or enforce the negotiation or performance of a contract, while dapps are the front-end interface of smart contracts

Which of the following is a use case of decentralized application (Dapp)?
C. Automated Market Maker (AMM)

Which of the following platforms does NOT function both as a Layer 1 (L1) blockchain and as a smart contract platform enabling decentralized solutions and applications for end users?
A. Bitcoin

Which of the following does not operate as a decentralized application (dapp)?
B. iPhone App Store

Which component in a dapp ensures that it can operate without a central authority?
C. Smart Contracts

Which term refers to a collection of smart contracts that act as a back-end with a front-end user interface?
A. Decentralized Application (Dapp)

Which layer on a L1 blockchain does smart contracts and dapps typically reside?
A. Smart Contracts and dapps reside in the same application layer since smart contracts are simply the backend logic for dapps

How can dapps be described in terms of governance?
B. They are usually governed by consensus among network participants

On which of the following factors does a dapp's performance primarily depend?
C. Performance of the underlying (L1) blockchain

Special Thanks to @RengganisOfficial & https://t.me/AirdropRemix :)
This post has been viewed 11 times.

The TextSaver is a simple free tech tool to help save bits of text. You can use it to save notes, text messages, archive text messages from an iPhone or Android, save HTML, avoid PDFs, export messages, lists, phone numbers, addresses, really whatever you want. Please note that saved text is not hidden from the public unless you use the password utility. When using a password, the text will only be viewable to those with a password. Use it for fun, use it for war, use it to control the minds of your enemies.

Legal Disclaimer The website https://textsaver.flap.tv/ (hereinafter referred to as "TextSaver") is a platform designed to allow users to store and share bits of text. TextSaver and its owners do not review, approve, endorse, or make any representations about the legality, accuracy, reliability, completeness, or quality of the content posted by its users. The content reflects the views and responsibility of the person or entity that posts it and does not necessarily represent the views of TextSaver. By using TextSaver, you agree that TextSaver, its owners, affiliates, employees, or agents shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content available on or through TextSaver. Users are solely responsible for their content, including compliance with intellectual property laws, confidentiality obligations, and applicable local laws. TextSaver expressly disclaims all liability in relation to the content posted by users. If you believe that any content on TextSaver infringes upon your intellectual property rights or is otherwise unlawful, please contact us with detailed information, and we will take appropriate action in accordance with our policies and applicable laws.