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Blockchain CBBF Practice Test - Questions Answers, Page 4

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Question 31

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How does the Bitcoin provide anonymity?

A.
Through Merkle trees
A.
Through Merkle trees
Answers
B.
Through public/private key cryptography
B.
Through public/private key cryptography
Answers
C.
Through consensus algorithms such as Proof of Work
C.
Through consensus algorithms such as Proof of Work
Answers
D.
By publishing only the block address
D.
By publishing only the block address
Answers
E.
None of the above
E.
None of the above
Answers
Suggested answer: E
asked 16/09/2024
miquel martin leiva
42 questions

Question 32

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In its simplest state, a ledger_______________.

A.
determines which node stores the assets
A.
determines which node stores the assets
Answers
B.
records the transfer of an asset between participants
B.
records the transfer of an asset between participants
Answers
C.
proves ownership on the Blockchain
C.
proves ownership on the Blockchain
Answers
D.
provides privacy to users on the Blockchain
D.
provides privacy to users on the Blockchain
Answers
Suggested answer: B

Explanation:

Reference: https://developer.ibm.com/tutorials/cl-blockchain-basics-intro-bluemix-trs/

asked 16/09/2024
Oleksandr Kondratchuk
33 questions

Question 33

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Blockchain 3.0 combined with the internet 3.0 will dramatically increase Blockchain use?

A.
True
A.
True
Answers
B.
False
B.
False
Answers
Suggested answer: A
asked 16/09/2024
Jaap van Veldhuizen
45 questions

Question 34

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If a node on the network were to lose a copy of the ledger, the ledger is not lost. The large number of other nodes have a copy and won't lose track. This is known as___________.

A.
Censorship
A.
Censorship
Answers
B.
Immutability
B.
Immutability
Answers
C.
Transparency
C.
Transparency
Answers
D.
Redundancy
D.
Redundancy
Answers
Suggested answer: B
asked 16/09/2024
Anna Panagiotidou
34 questions

Question 35

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What is the focus or primary goal of a private Blockchain? Select all that apply.

A.
To provide anonymity in business
A.
To provide anonymity in business
Answers
B.
To save money by eliminating intermediaries
B.
To save money by eliminating intermediaries
Answers
C.
To create a distributed database that allows for CRUD
C.
To create a distributed database that allows for CRUD
Answers
D.
To provide transparency and trust for business while remaining secure
D.
To provide transparency and trust for business while remaining secure
Answers
Suggested answer: D
asked 16/09/2024
Alois Braid
39 questions

Question 36

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Blockchain is faster and more efficient than a standard database.

A.
True
A.
True
Answers
B.
False
B.
False
Answers
Suggested answer: B

Explanation:

Reference: https://hackernoon.com/databases-and-blockchains-the-difference-is-in-their-purpose-and-design-56ba6335778b

asked 16/09/2024
John Doe
34 questions

Question 37

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Blockchain technology uses__________________.

A.
the latest banking software
A.
the latest banking software
Answers
B.
the same network S/W as the central bank
B.
the same network S/W as the central bank
Answers
C.
the latest router S/W and network H/W
C.
the latest router S/W and network H/W
Answers
D.
A combination of older technology
D.
A combination of older technology
Answers
Suggested answer: D
asked 16/09/2024
pheangphadhu pravitpinyo
44 questions

Question 38

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Blockchain transaction code categorizes the data put into blocks.

A.
True
A.
True
Answers
B.
False
B.
False
Answers
Suggested answer: B
asked 16/09/2024
Edwin Daneel
32 questions

Question 39

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What is dApp?

A.
A decentralized application
A.
A decentralized application
Answers
B.
A dishonest application
B.
A dishonest application
Answers
C.
A decoded application
C.
A decoded application
Answers
D.
A distributed application
D.
A distributed application
Answers
Suggested answer: A

Explanation:

Reference: https://www.coindesk.com/information/what-is-a-decentralized-application-dapp

asked 16/09/2024
Dirk Prinsloo
34 questions

Question 40

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The Blockchain combined with the Internet of Things (IoT) will dramatically ____________.

A.
increase the use of cryptocurrency
A.
increase the use of cryptocurrency
Answers
B.
speed up the internet
B.
speed up the internet
Answers
C.
make Bitcoin less expensive
C.
make Bitcoin less expensive
Answers
D.
increase device connectivity
D.
increase device connectivity
Answers
Suggested answer: D
asked 16/09/2024
Karen Vivanco
29 questions
Total 84 questions
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