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Ethereum Switch Test

Binance Research: Ethereum’s Switch to Staking Will Transform Industry Binance’s latest research report has argued that with Ethereum’s pending switch to proof-of-stake (PoS), staking is set to have a major impact on the industry. The report, published on Oct. 28, highlights that the largest 10 crypto assets supporting — or poised to support — staking represent a cumulative market capitalization of $25.8 billion. As of press time, this means prospective staking dominance stands at roughly 10% of the total industry market capitalization.

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Q1

Ethereum is switching from the ____________ consensus algorithm to ______________.

Q2

Network participants in Proof of Stake systems can earn tokens by ________ existing ones.

Q3

In PoS, new blocks have to be __________ to be added to the blockchain.

Q4

To become a validator in the Ethereum network, participants have to hold at least _________ ETH.

Q5

According to a report by cryptocurrency exchange Binance, which altcoins have a staking ratio of over 70%?

Q6

Ethereum is making the switch to Ethereum 2.0 using a protocol called ___________.

Q7

Can a single person have multiple validator clients?

Q8

The prospective staking dominance in the market makes up around _________ of the total market capitalization.

Q9

The switch to Ethereum 2.0 is expected to take place in _____________.

Q10

Which consensus algorithm can be treated as a way to generate income passively?

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