IPI blockchain QUIZ

We are pleased to present you with a quick quiz to test your basic knowledge of the Independent Protocol Infrastructure. See if your knowledge is sufficient.

If you want to learn even more about IPI, read all the articles on this site and visit our account on the medium, where you will also find a lot of interesting content

 

Results

#1. What is the consensus mechanism used by IPI?

Proof of Work

Proof of Stake

Proof of Network

#2. How does IPI describe its transaction throughput (TPS)?

Limited by block size

Unlimited or Infinite

100 TPS

#3. What is the main advantage of IPI’s Proof of Network algorithm?

It only works with large mining farms

An increase in nodes leads to higher transaction throughput

It uses less energy than all other blockchains

#4. Which programming languages can be used to write smart contracts on IPI?

Only Solidity

Only Rust

Any language compilable to WebAssembly

#5. What is the typical finality time for transactions on IPI?

10–30 seconds

2.5–4.5 seconds

1 hour

#6. What is the maximum supply of IPI coins?

10 million

100 million

1 billion

#7. How does the network speed and gas price of IPI compare to other blockchains?

Slower and more expensive

Very fast and very cheap

About average

#8. Does IPI offer a native wallet and scanner?

No

Only a wallet

Yes

#9. What is a Digital Product Passport (DPP) in the context of IPI?

A digital currency wallet

A digital record of a product’s lifecycle

A type of smart contract

#10. What is the initial supply of IPI coins?

10 million

100 million

5 million

#11. Does IPI have a coin halving mechanism, and if so, how often?

No halving

Every year

Every 4 years

#12. When did IPI start its TESTNET?

2021

2022

2023

#13. What is the main goal of IPI’s roadmap for Q4 2025?

Build a new blockchain from scratch

Build a community of developers and transition existing protocols

Launch a new cryptocurrency exchange

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