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CBBF Exam Dumps : Certified Blockchain Business Foundations

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Certified Blockchain Business Foundations Questions and Answers

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Question 1

Which of the following statements sums up the Proof of Work consensus process?

Options:

A.

Miners complete to find a nonce results in a hash that starts with a predetermined number of leading zeros.

B.

Miners put up a stake. A miner is then selected based on stake value to add a new block to the chain. If a miner adds an invalid block to the chain, that miner loses their stake.

C.

All nodes agree on the data of the transaction.

D.

Miners send assets to an inactive address. This process selects the next owner of a block.

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Question 2

Which of the following are practical use cases for Blockchain?

Options:

A.

Voting

B.

A video sharing website

C.

Medical records

D.

Identity management

E.

All of the above

Question 3

In a private business Blockchain, transactions are endorsed by______________.

Options:

A.

only relevant business participants

B.

only the smart contract developer

C.

all the nodes on the Blockchain

D.

all participants with access to the network

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