Coinmarketcap ETH Merge Quiz Answers | Learn & Earn 1 Ethereum Token

Coinmarketcap ETH Merge Quiz Answers

Coinmarketcap ETH Merge Quiz Answers: You can win free 1 whole Ethereum from the CMC ETH-Merge event.

To commemorate the long-awaited ETH-Merge event coming very soon, Coinmarketcap has decided to do something a little special for its community.

It will be giving out a variety of prizes to people who take the quiz having 16 short and simple questions. If you fill it out successfully, then you have entered this campaign event.

To become eligible for the Coinmarketcap ETH quiz contest you need to complete some social tasks and need to submit the correct quiz answers.

The first three lucky winners of this campaign will win up to 1 Ethereum, 0.1 Ethereum, and 0.01 Ethereum tokens respectively and the remaining participants will win 200 diamonds.

ETH merge quiz event started on 29th August 2022 and you can submit the quiz answers in the form by 18th September 2022. 

Learn And Earn 1 Ethereum From The Quiz

1) Signup or login to your Coinmarketcap account from the below-given link.

2) Post your thoughts on the ETH merge on CMC-Community with the #CMCETHMerge hashtag.

3) Post your thoughts on Twitter with the #CMCETHMerge hashtag (must include backlinks to the CMC-ETH-Merge Landing Page).

4) Take the CMC ETH-Merge Quiz and submit all the correct answers, your registered email id, and Binance UID.

5) The first three winners will get 1 ETH, 0.1 ETH, and 0.01 ETH token respectively.

6) The remaining winners of this ETH-Merge quiz event will get 200 diamonds each.

7) Quiz submissions are accepted until September 18th, 2022.

Coinmarketcap ETH Merge Quiz Answers

Q1) The Ethereum Merge will reduce gas fees on the network by approximately how much? 

Answer: 0%

Q2) Following the Ethereum Merge, how long will it take for a new block to be generated?

Answer: Every 12 Seconds

Q3) The Ethereum Merge will reduce transaction times on the network by approximately how much?

Answer: 10%

Q4) Which of the following are possible actions that ETH miners might undertake following the Merge?

Answer: Transition to other GPU-mined proof-of-work coins like Ethereum Classic and Ravencoin. Miners could also dedicate their hardware to other GPU-intensive activities, such as machine learning or rendering farms. Potential fork of proof-of-work Ethereum, which will allow miners to continue their operations

Q5) What is the current proof-of-stake Beacon Chain staking reward APR? 

Answer: 4.1%

Q6) When can staked ETH be withdrawn after the Merge? 

Answer: After the Shanghai update

Q7) How much ETH do you need to run your own validator? 

Answer: 32

Q8) If you do not own 32 ETH, what options do you have to participate in validating the network? (Choose one or more). 

Answer: Pooled staking (including liquid staking solutions like Lido) Staking on centralized exchanges Running a node that does not propose blocks, but still supports the network by listening for new blocks to verify them. 

Q9) In what order was the Ethereum Merge rolled out on Ethereum public testnets? 

Answer: Ropsten, Sepolia, Goerli

Q10) Following the Merge, what is the order of upgrades that Vitalik Buterin announced for the network? 

Answer: Surge, Verge, Purge, Splurge