ExamGecko
Search Search Login
Home Home / ECCouncil / 312-82
Question list
Search
Search
Open VPLUS File
Convert VPLUS to PDF

Related questions

When using __________ the chain of ownership is established by a chain of digital signatures as each owner signs when transferring ownership.
What is the term for the smallest subunit in Ether.
Distributed ledger technology or DLT is a word used to describe technologies which store, distribute and facilitate the exchange of value between users, either privately or publicly.
What is a DEX?
These wallets store keys in a tree structure derived from a seed.
Which of the following are likely use cases for blockchain in the energy industry? (Select two.)
A________represents a transfer of value from one address to another, Transaction in a blockchain network can be defined also as a record of an event or the ''transfer of value from one account to another''
_______uses a Trusted Execution environment (TEE) to provide randomness and safety in the leader election process via a guaranteed wait time.
_________change the blockchain layout from a linearly sequential model.
______is a computer program that runs stop a blockchain and embedded within it are governance and business logic rules

Question 32 - 312-82 discussion

Report
Export

Distributed ledger technology or DLT is a word used to describe technologies which store, distribute and facilitate the exchange of value between users, either privately or publicly.

A.

Blockchain

Answers
A.

Blockchain

B.

Distributed Ledger Technology

Answers
B.

Distributed Ledger Technology

C.

Cryptocurrency

Answers
C.

Cryptocurrency

D.

Consensus Mechanisms

Answers
D.

Consensus Mechanisms

Suggested answer: B

Explanation:

Distributed Ledger Technology (DLT) is the correct term used to describe technologies that store, distribute, and facilitate the exchange of value between users, either privately or publicly. DLT encompasses various types of systems, including blockchains, that operate in a decentralized manner to record and synchronize data across multiple locations.

Key Details:

Definition of DLT: DLT is a digital ledger system that allows data to be stored across multiple nodes in a network. It ensures that all copies of the ledger are updated and synchronized, providing a secure and transparent way to record transactions without needing a centralized authority.

DLT vs. Blockchain: While blockchain is a form of DLT, not all DLTs are blockchains. For example, Directed Acyclic Graphs (DAGs) and Hashgraphs are also types of DLTs but do not necessarily use blocks or chains to organize data.

Private and Public Implementations: DLTs can be permissioned (private) or permissionless (public), enabling various use cases from enterprise solutions to decentralized public networks.

Therefore, B. Distributed Ledger Technology is the correct answer, as it broadly defines the technology for storing and distributing data across decentralized networks.

Show Answer
asked 24/10/2024
Shoban Babu
41 questions
PreviousPreviousNextNext
User
Your answer:
0 comments
Sorted by

Leave a comment first

ExamGecko

Copyright @2023 ExamGecko | All right reserved

Mail us: [email protected]
About us
Contact us
Twitter X
Facebook
Medium
Convert VPLUS to PDF
Open VPLUS files Easily and Quickly
Privacy Policy
Disclaimer
Terms