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What type of ledger refers to a distributed ledger that doesn’t require a native currency to operate?

A.
Tokenless B.Public
A.
Tokenless B.Public
Answers
B.
Enterprise
B.
Enterprise
Answers
C.
Private
C.
Private
Answers
Suggested answer: A

Explanation:

A tokenless ledger refers to a distributed ledger that doesn’t require a native currency to operate. Generally, in a private blockchain tokens are not needed due to resources controlled by one party.

What is the application that is used by Hyperledger Fabric to communicate with the network?

A.
SDK
A.
SDK
Answers
B.
SOAP PIC. Golang
B.
SOAP PIC. Golang
Answers
C.
RPC API
C.
RPC API
Answers
D.
Node.js
D.
Node.js
Answers
Suggested answer: A

Explanation:

Hyperledger Fabric includes the REST and JSON RPC APIs, events, and an SDK for applications to communicate with the network.

Which of the following statements would be the best answer when it comes to channels and the use of ordering services in Hyperledger Fabric?

A.
Channels ensure privacy in a blockchain network and ordering services may support many channels not just one channel.
A.
Channels ensure privacy in a blockchain network and ordering services may support many channels not just one channel.
Answers
B.
Channels ensure privacy in a blockchain network and ordering services may not support more than one channel.
B.
Channels ensure privacy in a blockchain network and ordering services may not support more than one channel.
Answers
C.
Channels do not ensure privacy in a blockchain and ordering services may not support more than one channel.
C.
Channels do not ensure privacy in a blockchain and ordering services may not support more than one channel.
Answers
D.
Channels do not ensure privacy in a blockchain and ordering services may support many channels not just one channel.
D.
Channels do not ensure privacy in a blockchain and ordering services may support many channels not just one channel.
Answers
E.
Channels do not ensure privacy in a blockchain network and ordering services may support many channels not just one channel.
E.
Channels do not ensure privacy in a blockchain network and ordering services may support many channels not just one channel.
Answers
Suggested answer: A

Explanation:

Channels ensure privacy in a blockchain network Ordering services may support many channels no just one channel.

Which of the following would NOT be true about what a smart contract(Chaincode) gives your organization?

A.
Autonomy
A.
Autonomy
Answers
B.
Savings
B.
Savings
Answers
C.
Trust
C.
Trust
Answers
D.
Legal Assurance
D.
Legal Assurance
Answers
Suggested answer: D

Explanation:

While smart contracts (Chaincode) can be written to complement or substitute for legal contracts, their legal enforceability is not yet agreed upon by all state governments

What type of peer

executes chaincode?

A.
Anchor peer
A.
Anchor peer
Answers
B.
Endorsing Peer
B.
Endorsing Peer
Answers
C.
Chaincode is executed by the client
C.
Chaincode is executed by the client
Answers
D.
Ordered Peer
D.
Ordered Peer
Answers
E.
Chaincode is not executed by a peer.
E.
Chaincode is not executed by a peer.
Answers
Suggested answer: B

Explanation:

Endorsing Peer can be marked as Endorser peer (i.e. Endorsing peer). Upon receiving the “transaction invocation request” from the Client application the Endorser peer Validates the transaction. Check certificate details and roles of the requester. Executes the Chaincode (Smart Contract) and simulates the outcome of the transaction. But it does not update the ledger. At the end of the above two tasks the Endorser may approve to disapprove the transaction. As only the Endorser node executes the Chaincode (Smart Contract) so there is no necessity to install Chaincode in each and every node of the network which increases the scalability of the network.

What type of certificates act as secure identifiers, digital passports which contain information about the owner in Hyperledger Fabric certificate management?

A.
RSA
A.
RSA
Answers
B.
PEM
B.
PEM
Answers
C.
PKI
C.
PKI
Answers
D.
X509
D.
X509
Answers
Suggested answer: D

Explanation:

X509 certificates are used in Hyperledger Fabric. An X.509 certificate is any certificate under the X.509 specification standard for public key infrastructure and Privilege Management Infrastructure (PMI). The X.509 provides standardized formats for: Attribute certificates Public key certificates Certificate revocation lists Certification validation algorithms

Consensus on the Blockchain defines________________

A.
The distribution of each data block
A.
The distribution of each data block
Answers
B.
Agreement of a valid transaction by all the network nodes
B.
Agreement of a valid transaction by all the network nodes
Answers
C.
Security between two blocks of data
C.
Security between two blocks of data
Answers
D.
Basic security of the blockchain
D.
Basic security of the blockchain
Answers
Suggested answer: B

Explanation:

Consensus is when the distributed ledger has been updated and all nodes maintain their own identical copy of the ledger which essentially is an agreement. This is also known as the “World State” in some blockchains. This architecture allows for a new capacity as a system of recordkeeping that goes beyond being a simple database.

Which of the following is the BEST definition of Decentralization?

A.
Peer-to-Peer data sharing, hosting hardware owned by many not few, fault tolerant, secure, lower performance
A.
Peer-to-Peer data sharing, hosting hardware owned by many not few, fault tolerant, secure, lower performance
Answers
B.
Distributed data sharing, hosting hardware owned by many not few, fault tolerant, secure, lower performance
B.
Distributed data sharing, hosting hardware owned by many not few, fault tolerant, secure, lower performance
Answers
C.
Peer-to-Peer data sharing, hosting hardware owned by a few not many, fault tolerant, secure, lower performance
C.
Peer-to-Peer data sharing, hosting hardware owned by a few not many, fault tolerant, secure, lower performance
Answers
Suggested answer: A

Explanation:

Peer-to-Peer essentially uses data sharing, hosting hardware owned by many not few, fault tolerant, secure, lower performance. It’s common way to share files—a good example was Napster. Peer-to-peer (P2P) file sharing is the distribution of digital media such as software, videos, music, and images through an informal network in order to upload and download files. Typically, P2P software enables users to select which files to share. These files are indexed on a central server, making them available for other users to find and download.

Which of the following is the best answer when reviewing a "Code Invoking Transaction" in Hyperledger Fabric?

A.
Code invoking transaction is an SOAP API call to a chaincode function and is similar to how a URL pattern invokes a servlet in J2EE.
A.
Code invoking transaction is an SOAP API call to a chaincode function and is similar to how a URL pattern invokes a servlet in J2EE.
Answers
B.
Code invoking transaction is an REST API call to a chaincode function and is similar to how a URL pattern invokes a servlet in Node.js
B.
Code invoking transaction is an REST API call to a chaincode function and is similar to how a URL pattern invokes a servlet in Node.js
Answers
C.
Code invoking transaction is an API call to a chaincode function and is similar to how a URL pattern invokes a servlet in Node.jsD. Code invoking transaction is an REST API call to a chaincode function and is similar to how a URL pattern invokes a servlet in J2EE.
C.
Code invoking transaction is an API call to a chaincode function and is similar to how a URL pattern invokes a servlet in Node.jsD. Code invoking transaction is an REST API call to a chaincode function and is similar to how a URL pattern invokes a servlet in J2EE.
Answers
D.
Code invoking transaction is an API call to a chaincode function and is similar to how a URL pattern invokes a servlet in HTTPS
D.
Code invoking transaction is an API call to a chaincode function and is similar to how a URL pattern invokes a servlet in HTTPS
Answers
E.
Code invoking transaction is an RPC API call to a chaincode function and is similar to how a URL pattern invokes a servlet in HTTPS.
E.
Code invoking transaction is an RPC API call to a chaincode function and is similar to how a URL pattern invokes a servlet in HTTPS.
Answers
Suggested answer: B

Explanation:

Code invoking transaction is an REST API call to a chaincode function and is similar to how a URL pattern invokes a servlet in J2EE. ServletServlet can be used to create a default mapping for servlets. For example, to create a default mapping to map all servlets to /myservlet/*, so the servlets can be called using http://host:port/web-app-name/myservlet/com/foo/FooServlet, add the following to your web.xml file. (The web.xml file is located in the WEB-INF directory of your Web application.) ServletServlet weblogic.servlet.ServletServlet ServletServlet /myservlet/*

You’re currently investigating Hyperledger and would like to confirm that there is a set of collaboration tools for building blockchain business networks that accelerate the development of smart contracts and blockchain applications.

What is the solution that meets the requirement?

A.
Hyperledger Explorer
A.
Hyperledger Explorer
Answers
B.
Hyperledger Composer
B.
Hyperledger Composer
Answers
C.
Hyperledger Quilt
C.
Hyperledger Quilt
Answers
D.
Hyperledger Cello
D.
Hyperledger Cello
Answers
Suggested answer: B

Explanation:

Composer (contributed by IBM and Oxchains) is a set of collaboration tools for building blockchain business networks that accelerate the development of smart contracts and blockchain applications, as well as their deployment across a distributed ledger.

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