History of Defi
Who was the individual or group of people who invented Bitcoin?
Satoshi Nakamoto
Who loves to fly on airplanes
Connor Valenti
What is A shared, programmable, and secured digital ledger that allows participants to transact without relying on a central intermediary
Blockchain
Which type of finance can be done 24/7
Decentralized Finance
In 2024, how much did Genz Quant rugpull for
30k
In what year was the first bitcoin block mined
2009
Who got into Solana in 2022
Teddy
This is the last phase of the fundamentals for a blockchain that is able to allow the agreements and transactions to execute automatically
Smart Contracts
Which type of finance has a lot of middlemen
Traditional Finance
What has defi become for security and hacking innovation
Melting Pot
Who published the ethereum whitepaper
Vitalik Buterin
Who is an Eagle Scout
Lincoln Smith
What validates the transacation and receives a reward for proof of work
A Node
This is the only requirement to access DeFi platforms — no bank account, approval, or paperwork needed
What is an internet connection
Is defi less regulated or more regulated than traditional finance
less regulated
What was introduced in 2022 that greatly increased efficiency of Ethereum
Proof of Stake
Who loves Bagel's
Jason DeJesus
In this blockchain step, computers on the network validate a new block and are rewarded for their computational effort- a process known as proof of work
Validation
decentralized finance
What targets price data to force liquidation or cheat collateralization algorithms
Oracle Manipulation
What was the big milestone that happened to DeFi in the summer of 2020
DeFi becomes its own financial sector
How many countries has Noah been to?
9
What keeps the transactions secure
Cryptograph
This three-letter compliance process is strictly enforced in TradFi but skipped entirely in most DeFi platforms.
KYC-Know your customer
What are transactions by design
irreversible