Question 1
Which of these applications would be suited for a private Blockchain?
Correct Answer:
E. All of the above
Free Blockchain BTA Certified Blockchain Business Foundations CBBF Exam Questions
Question 2
A distributed network is always decentralized.
Correct Answer:
B. False
Question 3
The transaction hash contained in a block is the______________.
Correct Answer:
C. digital fingerprint of the block
Question 4
What do consensus methods achieve?
Correct Answer:
D. It confirms that all nodes on the network are legitimate.
Question 5
____________ledger technology is referred to as DLT.
Correct Answer:
A. Distributed
Question 6
If a node on the network were to lose a copy of the ledger, the ledger is not lost. The large number of other nodes have a copy and won't lose track. This is known as___________.
Correct Answer:
B. Immutability
Question 7
Who governs a Blockchain?
Correct Answer:
A. The users
Question 8
An asset is defined as ____________.
Correct Answer:
C. anything of value requiring accountability of ownership
Question 9
In a private business Blockchain, transactions are endorsed by______________.
Correct Answer:
A. only relevant business participants
Question 10
Blockchain is always a better alternative to a standard database.
Correct Answer:
B. False