Oct 20 to Oct 31

Algorand Quiz II


What is Algorand?

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.

To celebrate the Synopsis 2021 Summit, Algorand is launching a technology quiz:

If you answer the questions about ALGO correctly, you will participate in a lottery in which you can win prizes. If you don't know anything about ALGO yet, you can use the tips.

5 lucky ones who answer all questions correctly will get 1 NFT each!

The event is about to begin


The quiz was attended by 1459 participants, correctly answered the questions of 648 participants. The winners were chosen randomly among those who answered correctly.

Wallet Mail Prize
0x3FF68209ebF716ADa43793929Bb4794eb2d05851 sydn**********@g********** 1 NFT
0x63EF5Bd9A64F35193c35c8048FC36082323b679b nico*********@y********** 1 NFT
0xaB593b50aFDd19F6b1FCEAa26b4daF577C2b3cCc rand*****@g********** 1 NFT
0x5Cdc590a8Eb54B741a87522d7513F438D63f4aCC earl**************@g********** 1 NFT
0x25E6323dE69Ad6E0A1fe6a76153fF669Ea0127Cb brea**************@g********** 1 NFT

What does Algorand’s name stand for?

Algorithmic randomness
Algorithm and decentralization
All goes random
“Or/and” algorithm

What is the environmental impact of Algorand?

About 1/4 of that of Bitcoin
Algorand is a Proof-of-Work network consuming the least energy
Fairly low, Algorand will eventually offset its emissions
Low, it is carbon negative since 2021

What country will develop its government’s blockchain infrastructure on Algorand?

El Salvador
South Korea

What is Algorand’s motto?


What is Algorand founder Silvio Micali famous for?

He opened Bitfinex exchange
He founded MIT
He is the co-inventor of zero-knowledge proofs
He is the inventor of algorithmic stablecoins

Which country selected Algorand to power the first national digital currency in the world?

Marshall Islands
South Korea

How old is Algorand mainnet as of 2021?

1 year
2 years
3 years
4 years

How many organizations does the Algorand ecosystem list?


What method does Algorand adopt to select block producers in Pure Proof of Stake?

Cryptographic sortition
Cryptographic sortilege
Cryptographic assortment
Cryptographic consorting

What is Vault?

The DeFi staking product by Algorand
The blockchain compression technology developed by Algorand
The vote container in the Algorand blockchain
The value storage that backs Algorand NFTs

What are the node types in the Algorand network?

Beacon nodes and block producers
Main nodes and child nodes
Relay nodes and paranodes
Relay nodes and participation nodes

On what conditions does Algorand withstand attacks?

When over 50% of all users are honest in a permissioned environment
When over 2/3 of all the money belongs to honest users in a permissionless environment
When over 2/3 of all users are honest in a permissioned environment
B + C
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