CBBF Exam Dumps - Certified Blockchain Business Foundations

It allows for a secure, global, and peer to peer record of data

It provides anonymity when making transactions

It is a free, trusted bank

It replaces all ledgers

All of the above

Metadata used for ID

Same as the user private key

Digital fingerprint of the block

Unique number to show it’s a Bitcoin block

Anonymity in a peer to peer network

The highest level of security in a database by ensuring 51% agreement of nodes on the network.

The most efficient way of recording a transaction in any database.

It confirms that all nodes on the network are legitimate.

None of the above

By paying miners with U.S. dollars

By paying the miners with cryptocurrency

By placing their name on the Blockchain

By not charging users monthly subscription costs

Specific actions to be taken on events or transactions

The same contracts a bank provides

A set of business conditions that must be met

Better anonymity of those making transactions

only relevant business participants

only the smart contract developer

all the nodes on the Blockchain

all participants with access to the network

True

False

There are no restrictions, a developer could just change the code

A developer would need to initiate a hard fork

There is no way to change Blockchain protocol

change the orderer configuration

None of the above

another application that runs on a Blockchain

the same as all other cryptocurrencies

replacing bartering in many parts of the world

a replacement currency for the U.S. dollar