Coinbase The Graph Quiz Answers
Learn and Earn The Graph (GRT) Tokens
Coinbase The Graph ($GRT) earn campaign – (Earn free crypto) Earn free $4 GRT tokens from Coinbase The Graph Quiz. Hello guys! I am back with an interesting Crypto quiz that gives you chance to learn and earn Free Cryptocurrency.
Coinbase The Graph Quiz Answers are given below scroll the page to see GRT Coinbase Answers. Even though I provide the answers, the whole point is to learn something new.
Before you start Coinbase The Graph Quiz take The Graph lessons so that you do not mark any Coinbase The Graph Answers incorrectly.
The Graph Quiz Coinbase questions are asked based on The Graph (GRT) and therefore make sure to learn about The Graph through the provided short videos and lessons thoroughly so that you do not miss free $4 GRT tokens.
You have to answer The Graph Quiz Coinbase questions correctly to be eligible for the free $4 GRT tokens. Users get GRT Tokens by completing the quiz.
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GRT Quiz Answers are given below scroll the page to see the correct answers.
What is The Graph (GRT)?
Decentralized protocols provide reliable and neutral access to software and information.
The Graph is a decentralized protocol for indexing and querying data from blockchains.
It makes this data easily accessible for all. Just as Google indexes the web, The Graph indexes blockchain data from networks like Ethereum and Filecoin (IPFS).
The data is grouped into APIs called subgraphs that anyone can query.
Subgraphs make it possible to build decentralized apps that can change how humans cooperate on the internet.
Data on the Graph is processed by a decentralized network of computer operators called Indexers.
Indexers compete to provide the best indexing and query processing at the lowest price.
Anyone who holds GRT can help secure the network by delegating their GRT to Indexers.
By delegating GRT, you can earn rewards and help Indexers process more data for the new crypto economy.
As more data gets added to The Graph, how do you determine what data is accurate and useful?
This is where curators come in. Curators deposit GRT to signal which subgraphs they think are the most useful and highest quality.
Curators then get a portion of the fees for these subgraphs.
This is not risk free though, so Curators need to understand the subgraphs they select.
By accurately assessing which subgraphs are most valuable and likely to produce query fees, Curators are able to efficiently allocate resources on the network and help organize the data for a more fair and open crypto economy.
If you are interested in delegating on The Graph Network, you will want to know which Indexers are doing a good job so you will earn the best rewards.
There are many community resources for browsing data on The Graph but the best place to start is the newly redesigned Graph Explorer.
On the Graph Explorer, you can see all the Indexers, how much stake is delegated to them, and how they are performing.
Indexers choose which subgraphs to index and how to allocate their stake across those subgraphs.
These decisions impact the Indexing rewards that they earn.
Indexers see their pictures per query. Make sure to see how many query fees Indexers are earning as that impacts how much you make as a Delegator.
By choosing Indexers that are providing high quality query services you can earn more rewards while securing and helping allocate resources on the network.
How to earn free GRT tokens?
1) You first have to sign up on Coinbase. Click on the link given below.
2) Go through the required KYC and make sure to have your ID card or passport.
3) Once the verification is done you can now take the quiz.
4) Now scroll the page to see the Coinbase Earn The Graph answers.
5) If you successfully complete the quiz, you will receive the $4 GRT tokens as a reward.
Coinbase Earn quiz answers: Learn about The Graph and earn $4 GRT tokens
Q1) What information is indexed by The Graph?
Answer: Blockchain Data
Q2) What do you earn for delegating GRT to an Indexer?
Answer: GRT Tokens
Q3) Who identifies high quality, useful data on The Graph?
Q4) What’s the best way to earn GRT rewards?
Answer: Delegate GRT to a high quality Indexer