Download Blockchain.CBBF.TestKing.2019-06-06.33q.tqb

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File Info

Exam Certified Blockchain Business Foundations
Number CBBF
File Name Blockchain.CBBF.TestKing.2019-06-06.33q.tqb
Size 100 KB
Posted Jun 06, 2019
Download Blockchain.CBBF.TestKing.2019-06-06.33q.tqb


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Demo Questions

Question 1

Transparency allows_____________. 


  1. a trustless system where users can be certain of a result
  2. easy iteration through the Blockchain
  3. Records on the Blockchain to never be changed
  4. users on the Blockchain to change data on the Blockchain
Correct answer: A
Explanation:
Reference: https://lisk.io/academy/blockchain-basics/benefits-of-blockchain/why-is-blockchain-trustless
Reference: https://lisk.io/academy/blockchain-basics/benefits-of-blockchain/why-is-blockchain-trustless



Question 2

Blockchain is always a better alternative to a standard database.


  1. True
  2. False
Correct answer: B
Explanation:
Reference: https://www.coindesk.com/information/what-is-the-difference-blockchain-and-database
Reference: https://www.coindesk.com/information/what-is-the-difference-blockchain-and-database



Question 3

How does a private Blockchain differ from a public one? Select all that apply. 


  1. A private Blockchain does not use proof of work consensus
  2. A private Blockchain is more efficient and has faster transaction times
  3. A private Blockchain is not distributed
  4. A private Blockchain often requires the identity of users to be known
Correct answer: D
Explanation:
Reference: https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f
Reference: https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f









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