Pass the Blockchain Blockchain Solution Architect CBSA Questions and answers with CertsForce

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Viewing questions 21-30 out of questions
Questions # 21:

What are two challenges with using a Proof of Work algorithm? (Select two.)

Options:

A.

Mining pools not allowed


B.

Difficulty rate goes done every year.


C.

Expensive


D.

Power Intensive


Questions # 22:

What are two specific advantages of using Hyperledger Fabric? (Select two.)

Options:

A.

No order service needed


B.

Use any programming language available


C.

Open Source Modular architecture


D.

Allows components to be plug-and-play


E.

Makes mining cryptos more efficient


Questions # 23:

Consider the following scenario: A solo app developer wants to create their own cryptocurrency and build a blockchain based that allows users to buy and sell second-hand items with that cryptocurrency from each other. Before the transaction is considered complete, the purchaser must put the funds in an escrow service and the sender must enter the courier tracking number into that same escrow. Time is of the essence and this developer doesn’t want to worry about networking of infrastructure. This app must be fully autonomous or “decentralized”.

Which architecture would best solve the product need?

Options:

A.

Ethereum for token creation and escrow service; User-facing features built with web technologies and deployed through IPFS


B.

Ethereum for token creation; Traditional multitier API and database for escrow service; User-facing features built in web technologies then minified unto a String and deployed to an Ethereum Smart Contract


C.

Hyperledger Fabric for the escrow service and token creation using chaincode; User-facing features built with Hyperledger Composer


D.

The product cannot be built. Fully decentralized apps are not yet possible for user interface


Questions # 24:

Blockchains are decentralized ledgers which, by definition, are not controlled by a central authority. Due to the value stored in these ledgers, bad actors have huge economic incentives to try and cause faults.

What algo was the original solution to the potential problem as specified by Satoshi?

Options:

A.

Proof of Stake


B.

Byzantine Fault Tolerance


C.

Proof of Burn


D.

Proof of Work


E.

Dynamic Proof of Stake


Questions # 25:

Which of these reasons is a good reason to choose a conventional database over blockchain to store application data?

Options:

A.

Centralization is to be avoided


B.

Databases should never be used over blockchain


C.

Full history is needed for all data


D.

High performance is required


Questions # 26:

Which of following scenarios and datasets would be best suited to be utilized by a blockchain solution?

Options:

A.

Scenario: Online game, Dataset: Unique Items In Game, Battles Won, Quests Completed


B.

Scenario: Mobile app for inspirational quotes; Dataset: First Name, Last Name, Quote of the Day


C.

Scenario: Sales (CRM) website; Dataset: Hot Lead Count, Lead Score, Lead Fullname, Today’s Tasks


D.

All of the above


Questions # 27:

What does the acronym DAO represent?

Options:

A.

Distributed Autonomous Operations


B.

Distributed Anonymous Organization


C.

Distributed Anonymous Operations


D.

Decentralized Autonomous Organization


Questions # 28:

The two main types of transactions you can perform in Hyperledger Fabric are:

Options:

A.

Chaincode Read and Chaincode Write transactions


B.

Deploy and Invoke transactions


C.

HFRead and HFAppend transactions


D.

Call and Write transactions


Questions # 29:

R3 Corda does not organize time into blocks. What does Corda actually perform and use?

Question # 29

Options:

A.

Ripple is implemented as the blockchain and XRP for cryptocurrency.


B.

Notary services and timesmapping


C.

R3 Corda is a blockchain and does use blocks


D.

Notary services and timestamping


Questions # 30:

You currently using the Metamask Chrome plugin and you see a selection for Etherescan in the plugin.

What is Etherscan used for?

Options:

A.

A search engine that allows users to easily lookup, confirm and validate transaction that have taken place on the Ethereum Blockchain


B.

A search engine that allows users to easily lookup, confirm and validate transaction that have taken place on the Bitcoin Blockchain


C.

A search engine that allows users to easily lookup, confirm and validate transaction that have taken place on the Ethereum and Tokens Blockchain


D.

A search engine that allows users to easily lookup, confirm and validate transaction that have taken place on any Blockchain


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