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Blockchain CBSA Practice Test - Questions Answers, Page 17

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Question 161

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Without 100% autonomy, blockchain software and networks would serve little purpose.

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Question 162

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The reason that cryptocurrencies such as Bitcoin, Ethereum and Litecoin can be exchanged one with another is due to the fact that they all operate on the same blockchain network

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Question 163

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The difference between a decentralized and a distributed system is?

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Question 164

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If a Proof of Work blockchain such a s Bitcoin or Ethereum changed to a Proof of Stake consensus paradigm, which key component of the Proof of Work process would be eliminated?

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Question 165

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Which factor influences the gas cost to deploy a Smart Contact on the Ethereum blockchain?

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Question 166

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By design, permissioned blockchains such as Hyperledger Fabric are not capable of creating or utilizing cryptocurrency.

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Question 167

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How does a client app communicate with Hyperledger fabric chaincode (Smart Contracts)?

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Question 168

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On the Ethereum blockchain the "nonce" of a transaction:

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Question 169

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To interact with a deployed Ethereum Smart Contract, a user or app must:

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Question 170

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One critical business consideration you must account for when choosing Hyperledger Fabric over Ethereum is:

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Total 230 questions
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