CBBF Blockchain Certified Blockchain Business Foundations exact Exam Questions

Certified Blockchain Business Foundations

Last Update 21 hours ago Total Questions : 84

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Question # 4

In its simplest state, a ledger_______________.

determines which node stores the assets

records the transfer of an asset between participants

proves ownership on the Blockchain

provides privacy to users on the Blockchain

Question # 5

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

True

False

Question # 6

Where is a Blockchain's central server?

Where the Blockchain is created

Located with the owner of the server

There is no central server, it is distributed

Orderer Node

None of the above

Question # 7

What happens if a block is confirmed at the same time?

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.

Nodes select which block to be added to the Blockchain

Both chains are deleted, and the unconfirmed transactions are added back to the pool

The Orderer Block confirms which block has the most confirmed transactions

None of the above

Question # 8

What is Ethereum?

Another name for Bitcoin

A platform for creating decentralized applications

A currency

Another name for Blockchain