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Blockchain CBBF - Certified Blockchain Business Foundations

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Total 84 questions

Blockchain is the same as Bitcoin.

A.

True

B.

False

Blockchain transaction code categorizes the data put into blocks.

A.

True

B.

False

Transactions per second (TPS) for a Proof-of-Work Blockchain are approximately?

A.

24K per second

B.

175K per second

C.

Only limited to the number of nodes on the network

D.

7-15 per second

E.

None of the above

What does a Merkle tree provide?

A.

Efficient block lookups and protection against forgery

B.

Anonymity and transparency

C.

A Turing complete distributed network

D.

A way to deploy smart contracts onto the Blockchain

E.

All of the above

What is the focus or primary goal of a private Blockchain? Select all that apply.

A.

To provide anonymity in business

B.

To save money by eliminating intermediaries

C.

To create a distributed database that allows for CRUD

D.

To provide transparency and trust for business while remaining secure

Blockchain 3.0 combined with the internet 3.0 will dramatically increase Blockchain use?

A.

True

B.

False

Who governs a Blockchain?

A.

The users

B.

The architects

C.

The creator of the Blockchain

D.

The developers

Why is Hyperledger a good business solution over other Blockchains?

A.

Always permissioned and private

B.

It can employ smart contracts

C.

Modular design allowing for flexibility in solution

D.

Multiple consensus methods can be chosen for use

E.

All the above

Smart Contracts DO NOT provide_______________.

A.

Authority

B.

Anonymity

C.

Efficiency

D.

Accuracy

A Blockchain is a/an _____________ shared ledger distributed system.

A.

Anonymous

B.

Newer version of a

C.

Append-only

D.

Confidential