Which of the following is a benefit of Subnets for users, long-term? Revolut Crypto Quiz Answers

Which of the following is a benefit of Subnets for users, long-term?

The Correct answer is More affordable gas fees.

Affordable gas fees are essential for financial services companies, especially those operating in blockchain-based environments like Ethereum. Here's how subnet membership options can help in achieving more affordable gas fees:

1. Optimized Transactions: Subnets can be used to group transactions based on their priority or urgency. This allows companies to prioritize critical transactions that require higher gas fees while optimizing fees for less urgent transactions.

2. Gas Fee Prediction: Subnets can enable companies to predict gas fees more accurately by analyzing historical data and network conditions. This can help in planning transactions more efficiently and avoiding spikes in gas fees.

3. Smart Contract Optimization: Subnets can be used to isolate smart contracts that require frequent updates or interactions. By optimizing these contracts, companies can reduce the gas fees associated with executing transactions on the blockchain.

4. Off-Chain Solutions: Subnets can facilitate the use of off-chain solutions for transactions that do not require on-chain settlement. This can help in reducing the overall gas fees associated with processing transactions on the blockchain.

5. Layer 2 Solutions: Subnets can be integrated with layer 2 scaling solutions, such as sidechains or state channels, to reduce the cost of transactions. These solutions allow transactions to be processed off-chain, significantly reducing gas fees.

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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.

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.