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Blockchain CBBF Certified Blockchain Business Foundations
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Question NO 1, What happens if a block is confirmed at the same time? A. The blocks splits into two chains. Blocks are then added to each chain until one chain becomes larger. The longest chain is then considered to be the Blockchain. B. Nodes select which block to be added to the Blockchain C. Both chains are deleted, and the unconfirmed transactions are added back to the pool D. The Orderer Block confirms which block has the most confirmed transactions E. None of the above Answer: B www.dumpspedia.com/CBBF-dumps-questions.html
Question NO 2, One of Blockchain’s primary uses of cryptography is . A. keeping the network configuration a secret B. providing a public and private encryption key C. allowing users to communicate with each other anonymously D. keeping the I.P. addresses a secret Answer: B www.dumpspedia.com/CBBF-dumps-questions.html
Question NO 3, Once a record is stored on the Blockchain . A. the record is moved to a secure server B. the record is stored on a central node C. it can be changed by an authorized person D. the record is permanent Answer: D www.dumpspedia.com/CBBF-dumps-questions.html
Question NO 4, Why is a private Blockchain used instead of a public one? A. To limit user access and permissions B. It is less expensive to develop C. It requires less mining power than a public Blockchain D. It requires fewer administrators to manage it Answer: A www.dumpspedia.com/CBBF-dumps-questions.html
Question NO 5, The cryptocurrencyBitcoin is . A. another application that runs on a Blockchain B. the same as all other cryptocurrencies C. replacing bartering in many parts of the world D. a replacement currency for the U.S. dollar Answer: A www.dumpspedia.com/CBBF-dumps-questions.html
Question NO 6, How does a private Blockchain differ from a public one? Select all that apply. A. A private Blockchain does not use proof of work consensus B. A private Blockchain is more efficient and has faster transaction times C. A private Blockchain is not distributed D. A private Blockchain often requires the identity of users to be known Answer: D www.dumpspedia.com/CBBF-dumps-questions.html
Question NO 7, What does immutable mean? A. Fault tolerant B. Unable to be changed C. Highly secure D. None of the above Answer: B www.dumpspedia.com/CBBF-dumps-questions.html
Question NO 8, Blockchain is always distributed. A. True B. False Answer: A www.dumpspedia.com/CBBF-dumps-questions.html
Question NO 9, In which consensus algorithm is a nonce used? A. Proof of Activity B. Proof of Work C. Proof of Stake D. Proof of Burn E. All of the above Answer: B www.dumpspedia.com/CBBF-dumps-questions.html
Question NO 10, Blockchain transaction code categorizes the data put into blocks. A. True B. False Answer: B www.dumpspedia.com/CBBF-dumps-questions.html
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