CBBF BTA Certified Blockchain Business Foundations

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Showing 4–6 of 7 questions

Question 4

What do consensus methods achieve?

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  • 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

Question 5

A Blockchain provides______________.

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  • true information by all parties involved

  • a trusted transaction between untrusted parties

  • the easiest way to conduct international transactions

  • only trusted banks for conducting transactions

Question 6

One of the big issues that new financial transaction Blockchain solutions face is____________.

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  • increasing the number of transactions per second (TPS)

  • the inability to find use cases

  • solving user identity

  • getting banks to cooperate