Latest 312-82 Cram Materials, Best 312-82 Preparation Materials
Latest 312-82 Cram Materials, Best 312-82 Preparation Materials
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EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q21-Q26):
NEW QUESTION # 21
What type of DApp allows every participant to remain totally anonymous?
- A. TypeI
- B. Type II
- C. Reputation based DApp
- D. Fully anonymous DApp
Answer: D
Explanation:
AFully Anonymous DAppis a decentralized application that is designed to maintain complete anonymity for all participants. These copyright do not require user identity verification, and interactions are carried out in a manner that does not reveal personal information. Fully anonymous copyright are particularly popular in privacy- focused blockchain ecosystems.
Key Details:
* Privacy and Anonymity: Fully anonymous copyright employ various privacy-preserving techniques, such as zero-knowledge proofs or ring signatures, to ensure that user transactions and interactions cannot be traced back to their identities.
* Use Cases: Fully anonymous copyright are often used in applications where privacy is paramount, such as private transactions, anonymous messaging, and confidential voting systems. By design, they prioritize user anonymity over other features.
* Comparison with Other DApp Types: While other DApp types might include some level of user identification or reputation systems, fully anonymous copyright offer total anonymity, making them ideal for users who require privacy at all levels of interaction.
Therefore,A. Fully anonymous DAppis the correct answer, as it describes a DApp that allows participants to remain completely anonymous.
NEW QUESTION # 22
What type of DApp uses another blockchain such as Ethereum?
- A. Pseude DApp
- B. Type II
- C. Type III
- D. DAO
Answer: B
Explanation:
AType II DAppis characterized by utilizing another blockchain, such as Ethereum, as its underlying platform. Type II copyright generally operate as protocols or platforms themselves and rely on a foundational blockchain (Type I) for their infrastructure. This categorization enables Type II copyright to leverage the security, decentralization, and functionality of the underlying blockchain while adding unique features or protocols.
Key Details:
* Relationship with Type I copyright: Type I copyright are foundational platforms with their own blockchain, such as Ethereum. Type II copyright are built on these foundational platforms, creating additional protocols or applications that depend on the Type I blockchain.
* Examples of Type II copyright: Protocols like the ERC-20 token standard on Ethereum are examples of Type II copyright, as they rely on Ethereum's blockchain but provide their own set of functionalities that can be used by other applications.
* Benefits of Using Existing Blockchains: By using established blockchains, Type II copyright benefit from existing infrastructure and security while extending the blockchain's capabilities.
Therefore,C. Type IIis the correct answer, as it represents copyright built on another blockchain like Ethereum.
NEW QUESTION # 23
_______is a word use to describe technologies which store, distribute and facilitate the exchange of value between users, either privately or publicly
- A. Blockchain
- B. Ledger
- C. DLT
- D. DAO
Answer: C
Explanation:
Distributed Ledger Technology (DLT)is a broad term used to describe technologies that store, distribute, and facilitate the exchange of value between users, either privately or publicly. DLTencompasses various types of ledgers, including blockchains, where data is replicated, shared, and synchronized across a distributed network.
Key Details:
* Definition and Scope: DLT refers to a digital system for recording transactions across multiple locations simultaneously. It allows for decentralized data management and reduces the need for a central authority to maintain a ledger.
* Private and Public Ledgers: DLT can be implemented in both private (permissioned) and public (permissionless) networks. In public DLT, anyone can participate, while private DLT restricts access to authorized participants only.
* Examples of DLT: Blockchain is one form of DLT, but other types include Directed Acyclic Graphs (DAGs) and Hashgraph. Each of these has unique mechanisms for data storage and consensus.
Therefore,C. DLTis the correct answer, as it is the term that broadly covers technologies used for the exchange and storage of value in distributed systems.
NEW QUESTION # 24
Is a Microsoft blockchain development platform that allows the creation of custom private blockchains.
- A. Fabric
- B. Corda
- C. Sratis
- D. Azure
Answer: D
Explanation:
MicrosoftAzureis a blockchain development platform that enables the creation of custom private blockchains.
Azure Blockchain Service provides tools and services that allow organizations to set up and manage consortium blockchain networks, customize smart contracts, and create tailored blockchain applications.
Azure supports multiple blockchain frameworks, includingEthereumandHyperledger Fabric, making it versatile for both private and public network needs.
Key Details:
* Azure Blockchain Service: This service facilitates the deployment of managed blockchain networks on the cloud, leveraging Azure's infrastructure to deliver scalability, security, and reliability for private and consortium blockchain applications.
* Private Blockchain Capabilities: As a private blockchain service, Azure allows businesses to operate their blockchain in a controlled, permissioned environment. This offers greater control over data and participants, making it ideal for enterprise use cases like supply chain management, finance, and legal contracts.
* Blockchain Framework Compatibility: Although Azure supports a variety of blockchain protocols, it primarily focuses on private blockchain deployments, allowing for detailed control over network participants and data visibility.
In summary, Microsoft Azure stands out as a flexible and comprehensive platform for private blockchain development, catering to enterprises with tailored solutions and extensive cloud-based services.
NEW QUESTION # 25
What is the term for the smallest subunit in Ether.
- A. Wie
- B. Gas
- C. ETH
- D. Bitcoin
Answer: A
Explanation:
The smallest subunit of Ether is called aWei. Ether (ETH) is divided into several subunits for precision in transactions, with Wei being the smallest, equivalent to 10#1810