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How does Axelar improve on the security approach of first-generation bridges? Revolut Crypto Quiz Answers

How does Axelar improve on the security approach of first-generation bridges? the correct answer is Using proof-of-stake validation.

by J Nandhini

Updated Feb 26, 2024

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How does Axelar improve on the security approach of first-generation bridges? Revolut Crypto Quiz Answers

How does Axelar improve on the security approach of first-generation bridges?

The Correct answer is Using proof-of-stake validation.

Using proof-of-stake validation, Axelar allows token holders to validate transactions and secure the network based on the number of tokens they hold. This consensus mechanism incentivizes token holders to act in the best interest of the network, as they are rewarded for validating transactions honestly and penalized for attempting to validate fraudulent transactions

Proof-of-stake validation is considered to be more energy-efficient and scalable than proof-of-work validation, making it a popular choice for blockchain networks.

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What Is The Revolut Crypto Quiz?

Revolut, a financial technology firm, has launched a new educational initiative called the Revolut Crypto Quiz. This initiative aims to attract more users to its platform. Users can earn free Polkadot tokens, valued up to $15, by participating in interactive quizzes.

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To participate, users need to register with Revolut and play the quiz. The quiz focuses on the Polkadot ecosystem and is divided into nine short, informative lessons.

The first set of quizzes is already available for users to play. However, Revolut has not announced when the next set of quizzes will be released.





How does Axelar improve on the security approach of first-generation bridges? - FAQ

1. How does Axelar improve on the security approach of first-generation bridges?

The Correct answer is Using proof-of-stake validation.

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