Blockchain CBSA Practice Test - Questions Answers, Page 16
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Question 151

Blockchain systems assume all parties are trusted by all other parties in the exchange or ecosystem.
Question 152

All blockchain networks and systems require autonomous on-chain code in order to process transactions.
Question 153

The first actual known blockchain software implementation and deployment occurred:
Question 154

Which of these technical components best represents why cryptocurrency is able to operate successfully?
Question 155

Some of the various consensus models employed by public blockchain networks include:
Explanation:
Reference: https://101blockchains.com/consensus-algorithms-blockchain/
Question 156

Blockchains only work to store financial transactions or other exchanges of monetary value.
Question 157

Adding more nodes to a blockchain network has which effect?
Question 158

Which of following scenarios and datasets would be best suited to be utilized by a blockchain solution?
Explanation:
Reference: https://medium.com/crowdbotics/examples-of-blockchain-games-and-how-they-work-7fb0a1e76e2e
Question 159

What does the acronym DAO represent?
Explanation:
Reference: https://en.wikipedia.org/wiki/Decentralized_autonomous_organization
Question 160

An on-chain Smart Contract might be considered autonomous in nature because:
Question