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Free EC-CouncilBlockchain Fintech CertificationB|FC exam Practice Questions

Question # 11

The right to publish a new block is determined by ________

Options:

A.  

Nodes proof of work

B.  

Nod’s current investment in the blockchain

C.  

Transaction history

D.  

Position in the blockchain

Discussion 0
Question # 12

These wallets contain randomly generated private keys and are also called just a bunch of key wallets.

Options:

A.  

Brain Wallets

B.  

Hierarchical Deterministic Wallets

C.  

Non-Deterministic Wallets

D.  

Deterministic Wallets

Discussion 0
Question # 13

A Type II DAPP is categorized by its______

Options:

A.  

Using the protocol of a type II DApp

B.  

Using the blockchain and protocol of a type I

C.  

Using another blockchain such as Ethereum

D.  

Using the block chain of a type I but not the protocol

Discussion 0
Question # 14

What type of DApp allows every participant to remain totally anonymous?

Options:

A.  

Fully anonymous DApp

B.  

Reputation based DApp

C.  

TypeI

D.  

Type II

Discussion 0
Question # 15

What is a DEX

Options:

A.  

A distributed exchange that covers multiple nationalities

B.  

A cryptocurrency exchange such as coinbase

C.  

A decentralized exchanged that allows users to exchange cryptocurrency directly

D.  

A Decentralized finance app or DApp

Discussion 0

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