EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC

QUESTION NO: 1
________can support up to 10-14 transactions per second.

A. Ethereum B. Bitcoin C. Dapps D. Zcash

Correct Answer: A

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QUESTION NO: 2
________are computer programs which facilitate transaction automation and eliminates the need for intermediaries

A. Blockchains B. Distributed Ledgers C. Ledgers D. Smart contracts

Correct Answer: D

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QUESTION NO: 3
What is a utility cryplet?

A. A part of IBM Hyperledger Fabric Bletchley that is used to provide basic services such as encryption and basic data fetching from external sources. B. A part of Microsoft Azure Bletchley that is created automatically when a smart contract is created on the chain and resides of the chain. C. A part of Microsoft Azure Bletchley that is used to provide basic services such as encryption and basic data fetching from external sources. D. A part of IBM Hyperledger Fabric that is created automatically when a smart contract is created on the chain and resides off the chain.

Correct Answer: C

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QUESTION NO: 4
The right to publish a new block is determined by ________

A. Transaction history B. Position in the blockchain C. Nod's current investment in the blockchain D. Nodes proof of work

Correct Answer: D

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QUESTION NO: 5
The Financial Action Task force defines virtual asset service providers as companies that (choose two):

A. Purchase virtual currency B. Exchange virtual assets for fiat currency C. Sell products for virtualcurrency D. Transfer virtual assets

Correct Answer: B,D

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QUESTION NO: 6
______is a computer program that runs stop a blockchain and embedded within it are governance and business logic rules

A. DAO B. DAC C. Dapps D. DaS

Correct Answer: C

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EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC - 312-82 Exam Questions