Download Blockchain.CBBF.PracticeTest.2019-08-14.34q.tqb

Vendor: Blockchain
Exam Code: CBBF
Exam Name: Certified Blockchain Business Foundations
Date: Aug 14, 2019
File Size: 102 KB
Downloads: 1

Demo Questions

Question 1
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
Question 2
A distributed network is always decentralized.
  1. True
  2. False
Correct answer: B
Explanation:
Reference: https://stackoverflow.com/questions/49195562/difference-between-a-distributed-and-a-decentralized-network
Reference: https://stackoverflow.com/questions/49195562/difference-between-a-distributed-and-a-decentralized-network
Question 3
Which of the following are practical use cases for Blockchain? 
  1. Voting
  2. A video sharing website
  3. Medical records
  4. Identity management
  5. All of the above
Correct answer: E
Explanation:
Reference: https://www.mycryptopedia.com/16-promising-blockchain-use-cases/
Reference: https://www.mycryptopedia.com/16-promising-blockchain-use-cases/
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