Gas Fees and Transactions MCQs

by
50 Score: 0 Attempted: 0/50 Subscribe
1. : What does “gas” mean in Ethereum?





2. : What unit is gas fee measured in on Ethereum?





3. : Who pays the gas fee in a blockchain transaction?





4. : What happens if the gas limit is set too low?





5. : Which Ethereum upgrade introduced base fee burning?





6. : What is a gas limit?





7. : What happens to unused gas in Ethereum transactions?





8. : What determines the gas price in Ethereum?





9. : Who receives the gas fees in Ethereum after The Merge?





10. : What is the minimum denomination of Ether commonly used for gas?





11. : Why are gas fees higher during network congestion?





12. : Which layer-2 solution is designed to reduce gas fees?





13. : In Bitcoin, what is the equivalent of Ethereum gas fee?





14. : What does “priority fee” mean after EIP-1559?





15. : What type of transactions usually require more gas?





16. : What happens if gas price is set too low?





17. : Which blockchain is known for very low transaction fees compared to Ethereum?





18. : What is the main purpose of gas fees in Ethereum?





19. : How are gas fees calculated?





20. : Which Ethereum transaction type uses less gas?





21. : What is the average block gas limit in Ethereum designed for?





22. : Which layer-2 solution uses zero-knowledge proofs to reduce fees?





23. : Gas fees in Ethereum are paid in:





24. : Which network upgrade aimed at reducing Ethereum gas fees long term?





25. : What is “gas war” in blockchain?





26. : Which blockchain introduced “rent fees” instead of gas fees?





27. : What happens when gas fees are too high?





28. : Which token standard transactions usually require more gas?





29. : In Ethereum, who decides gas limit for a transaction?





30. : Why was EIP-1559 considered revolutionary?





31. : Which blockchain is known for “nearly zero” gas fees?





32. : What is the effect of base fee burning in Ethereum?





33. : In Bitcoin, transaction fees are determined by:





34. : Which blockchain uses “bandwidth and energy” instead of gas?





35. : Why are gas fees important for validators?





36. : What is the role of mempool in gas fees?





37. : Which blockchain is experimenting with “parallel execution” to lower fees?





38. : What is a gas refund in Ethereum?





39. : Which factor increases transaction fees in Bitcoin?





40. : Which type of Ethereum transaction consumes the highest gas?





41. : Which blockchain uses “cycles” instead of gas?





42. : What is the role of transaction nonce in Ethereum?





43. : What is a typical reason for “stuck transactions” in Ethereum?





44. : What is the advantage of batching transactions?





45. : Which blockchain uses “fee delegation” where a third party pays fees?





46. : What does “gas price spike” usually indicate?





47. : Which type of DApps usually face high gas usage?





48. : What does Etherscan show for each transaction?





49. : Which upgrade will introduce sharding to reduce gas fees?





50. : What is the role of transaction fees in blockchain security?





Leave a Comment

All copyrights Reserved by MCQsAnswers.com - Powered By T4Tutorials