1. True or False: Web3 transactions can usually be reversed if a mistake is caught quickly.
   1. True
   2. False

• Click to reveal the answer.

1. What is the main benefit of a multi-signature wallet?
   1. Faster transactions
   2. Lower fees
   3. Protection against single points of failure
   4. Anonymous transactions

• Click to reveal the answer.

1. Which of the following is a common Web3 scam?
   1. Monthly financial audits
   2. Phishing links disguised as grants or airdrops
   3. Multi-signature approvals
   4. Hardware wallets

• Click to reveal the answer.

1. True or False: Most Web3 security incidents are caused by advanced blockchain exploits.
   1. True
   2. False

• Click to reveal the answer.

1. Which practice helps reduce risk when working with new Web3 partners?
   1. Acting quickly to avoid missing out
   2. Skipping documentation to save time
   3. Doing due diligence and starting with small test transactions
   4. Giving full wallet access immediately

• Click to reveal the answer.