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Blockchain CBBF Practice Test - Questions Answers

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List of questions

Question 1

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What does a Merkle tree provide?

Efficient block lookups and protection against forgery
Efficient block lookups and protection against forgery
Anonymity and transparency
Anonymity and transparency
A Turing complete distributed network
A Turing complete distributed network
A way to deploy smart contracts onto the Blockchain
A way to deploy smart contracts onto the Blockchain
All of the above
All of the above
Suggested answer: A
asked 16/09/2024
Parita Malbari
57 questions

Question 2

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What does P2P stand for?

Person to Person
Person to Person
Public to Person
Public to Person
Peer to Peer
Peer to Peer
Product to Person
Product to Person
None of the above
None of the above
Suggested answer: C
asked 16/09/2024
Martynas Abrutis
43 questions

Question 3

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Blockchain is always decentralized.

True
True
False
False
Suggested answer: A
asked 16/09/2024
Max Archer
46 questions

Question 4

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What is Ethereum?

Another name for Bitcoin
Another name for Bitcoin
A platform for creating decentralized applications
A platform for creating decentralized applications
A currency
A currency
Another name for Blockchain
Another name for Blockchain
Suggested answer: B
Explanation:

Reference: https://blockgeeks.com/guides/ethereum/

asked 16/09/2024
Jesus Vargas
59 questions

Question 5

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Why is Hyperledger a good business solution over other Blockchains?

Always permissioned and private
Always permissioned and private
It can employ smart contracts
It can employ smart contracts
Modular design allowing for flexibility in solution
Modular design allowing for flexibility in solution
Multiple consensus methods can be chosen for use
Multiple consensus methods can be chosen for use
All the above
All the above
Suggested answer: D
asked 16/09/2024
Donald Bell
34 questions

Question 6

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Transparency allows_____________.

a trustless system where users can be certain of a result
a trustless system where users can be certain of a result
easy iteration through the Blockchain
easy iteration through the Blockchain
Records on the Blockchain to never be changed
Records on the Blockchain to never be changed
users on the Blockchain to change data on the Blockchain
users on the Blockchain to change data on the Blockchain
Suggested answer: A
Explanation:

Reference: https://lisk.io/academy/blockchain-basics/benefits-of-blockchain/why-is-blockchain-trustless

asked 16/09/2024
patricia rosales
37 questions

Question 7

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Blockchain is always a better alternative to a standard database.

True
True
False
False
Suggested answer: B
Explanation:

Reference: https://www.coindesk.com/information/what-is-the-difference-blockchain-and-database

asked 16/09/2024
Tim Dekker
47 questions

Question 8

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How does a private Blockchain differ from a public one? Select all that apply.

A private Blockchain does not use proof of work consensus
A private Blockchain does not use proof of work consensus
A private Blockchain is more efficient and has faster transaction times
A private Blockchain is more efficient and has faster transaction times
A private Blockchain is not distributed
A private Blockchain is not distributed
A private Blockchain often requires the identity of users to be known
A private Blockchain often requires the identity of users to be known
Suggested answer: D
Explanation:

Reference: https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f

asked 16/09/2024
Bill Skadden
38 questions

Question 9

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Why is a private Blockchain used instead of a public one?

To limit user access and permissions
To limit user access and permissions
It is less expensive to develop
It is less expensive to develop
It requires less mining power than a public Blockchain
It requires less mining power than a public Blockchain
It requires fewer administrators to manage it
It requires fewer administrators to manage it
Suggested answer: A
Explanation:

Reference: https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f

asked 16/09/2024
Andrey Markov
39 questions

Question 10

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A distributed network is always decentralized.

True
True
False
False
Suggested answer: B
Explanation:

Reference: https://stackoverflow.com/questions/49195562/difference-between-a-distributed-and-a-decentralized-network

asked 16/09/2024
Manuel Jong
45 questions
Total 84 questions
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