Revolut Crypto Quiz Answers: Earn Polkadot (DOT)

Las Vegas Raiders vs. Detroit Lions 2023 NFL Odds, Time, and Prediction

Revolut users can now earn cryptocurrencies for completing quizzes on the Revolut banking app. Doing so is easy! Simply create a Revolut account, head over to the Crypto tab, and select one of the quizzes to start earning.

Currently, users can earn Polkadot, 1inch, Avalanche, Algorand, and NEAR. This page will cover Polkadot where users can earn free DOT.

Without further ado, here’s how to earn crypto by completing Revolut’s Polkadot DOT quiz.

200% Bonus 50 Free Spins now at Mega Dice

Revolut Polkadot (DOT) Quiz Answers

Lesson 1: Intro to Polkadot

Q: What are limitations of early blockchains like BTC?A: Slow transactions, high fees, inability to communicate with other blockchains.Q: What is Web 3?A: A new web built around decentralized technologies.

Q: How does Polkadot address some of the limitations of earlier blockchains?A: Polkadot allows multiple blockchains to communicate

Lesson 2: How Polkadot works

Q: What is a relay chain?A: A blockchain that connects other blockchains

Q: What is a parachain?A: A blockchain connects to the Relay chain and operates parallel to other parachains.

Q: What problems do parachains and relay chains solve?A: The inability of blockchains being able to communicate

Lesson 3: Who decides the future of DOT

Q: Who can vote for new initiatives?A: People who hold DOT tokens.

Lesson 4: DOT Token

Q: What is Polkadot’s crypto token called? Answer: DOT.

Q: What does staking Polkadot tokens mean?A: It helps secure the network by locking up DOT tokens

Q: What does bonding your Polkadot tokens mean?A: Locking up tokens for slots

Lesson 5: Polkadot and its uses

Q: What are some use cases of Polkadot?A: DeFi, NFTs, smart cities

Q: What makes apps built on Polkadot different from apps on your phone?A: Polkadot applications don’t rely on a middleman to work and can keep data secure.

Q: How do applications on parachains communicate?A: Using the Relay Chain.

200% Bonus 50 Free Spins now at Mega Dice

Alex is an editor at who focuses on cryptocurrency and web3 gambling.

View all posts

Looking for your next crypto casino? Check out: Mega Dice or FortuneJack

John SommersJohn Sommers is a distinguished figure in the world of gambling expertise, known for his deep knowledge and insightful analysis of the gaming industry. As a seasoned author, he has contributed extensively to the reputable gambling news site, TwinCasinos, focusing on providing valuable insights to English-speaking gamblers worldwide.

With a career spanning over a decade, John has honed his expertise in various aspects of gambling, from strategic gameplay to industry trends and regulatory developments. His articles are revered for their blend of comprehensive research, astute observations, and a knack for demystifying complex concepts for both novice and seasoned players.

Beyond his writing prowess, John has established himself as a trusted authority, often sought after for his expert commentary on the ever-evolving landscape of the casino and betting industry. His passion for responsible gambling and commitment to ensuring players make informed choices are evident in his work, making him a beacon of integrity in an industry that demands such values.

Whether you’re a casual gambler or a dedicated enthusiast, John Sommers’ contributions to TwinCasinos promise to be an invaluable resource for navigating the dynamic world of gambling.

John SommersLatest posts by John Sommers (see all)

Author: Willie Edwards