Blockchain CBBF Exam Questions Instant Access

Question 1

Blockchain is always a better alternative to a standard database.

ATrue

BFalse

Answer : B

Question 2

How do consensus algorithms like Proof of Work or Proof of Stake incentivize miners to participate?

ABy paying miners with U.S. dollars

BBy paying the miners with cryptocurrency

CBy placing their name on the Blockchain

DBy not charging users monthly subscription costs

Answer : B

Question 3

In 2009, Bitcoin was created by_________.

AVitalik Buterin

BSatoshi Nakamoto

CHyperledger Foundation

DA Banking Consortium

Answer : B

Question 4

How much data can be represented by the data hash of a block?

Aa maximum of 20 MB

Bvirtually any amount

Cnot to exceed 100k bytes

Dthe hash is only a memory location

Answer : B

Question 5

One solution to increasing Blockchain Transactions Per Second (TPS) is________.

Aadding more network nodes

Boff-chain transactions

Cusing faster microprocessors

Dfewer regulations

Answer : B

Question 6

The Blockchain ledger is commonly referred to as___________.

Aa database ledger

Ba triple-entry ledger

Ca double-entry ledger

Da genesis block

Answer : A

Question 7

What is dApp?

AA decentralized application

BA dishonest application

CA decoded application

DA distributed application

Answer : A

Blockchain BTA Certified Blockchain Business Foundations CBBF Exam Questions