Ethereum (ETH) MCQs

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1. : Who is the founder of Ethereum?





2. : In which year was Ethereum officially launched?





3. : What is the native cryptocurrency of Ethereum called?





4. : Ethereum primarily uses which technology?





5. : Which consensus mechanism did Ethereum originally use?





6. : Ethereum transitioned to Proof of Stake in an upgrade known as?





7. : Smart contracts on Ethereum are written using which language?





8. : Which Ethereum token standard is commonly used for fungible tokens?





9. : Which token standard is mainly used for NFTs on Ethereum?





10. : Ethereum’s gas is paid in?





11. : What is the maximum supply of Ethereum?





12. : Which consensus algorithm does Ethereum currently use?





13. : What was Ethereum’s first test network called?





14. : Which upgrade introduced the London Hard Fork with EIP-1559?





15. : EIP-1559 introduced what mechanism?





16. : Ethereum transactions require a fee called?





17. : Which Ethereum co-founder later founded Cardano (ADA)?





18. : Which co-founder of Ethereum created Polkadot?





19. : What is Ethereum’s primary use case?





20. : Ethereum was crowdfunded in which year?





21. : The organization behind Ethereum’s early development is?





22. : Ethereum nodes are used for?





23. : What are DApps in Ethereum?





24. : Ethereum Layer 2 solutions aim to?





25. : Which Layer 2 solution is built for Ethereum scaling?





26. : Ethereum’s Beacon Chain went live in which year?





27. : The Ethereum upgrade after Frontier was called?





28. : Ethereum block time is approximately?





29. : Ethereum Virtual Machine (EVM) is?





30. : Which wallet was co-created by Ethereum’s Joseph Lubin?





31. : Ethereum 2.0 mainly focuses on?





32. : Gas prices in Ethereum are usually measured in?





33. : What does ERC stand for?





34. : What is the smallest denomination of Ether called?





35. : Which hard fork was created after the DAO hack in 2016?





36. : The DAO hack resulted in loss of approximately?





37. : Ethereum’s Istanbul upgrade was in which year?





38. : Which is the largest DeFi protocol built on Ethereum (as of early 2023)?





39. : Ethereum smart contracts are?





40. : The Ethereum Merge took place in?





41. : Sharding in Ethereum is meant to?





42. : The Ethereum consensus after The Merge is secured by?





43. : Ethereum accounts can be of two types:





44. : Ethereum gas limit defines?





45. : Which company announced Ethereum support in Microsoft Azure in 2015?





46. : Ethereum blocks are created by?





47. : Ethereum’s first public release was named?





48. : Vitalik Buterin was born in which country?





49. : Ethereum can be described as?





50. : The largest NFT marketplace built on Ethereum is?





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