Free Blockchain CBSA Exam Actual Questions

The questions for CBSA were last updated On Nov 7, 2024

Question No. 1

Blockchains are decentralized ledgers which, by definition, are not controlled by a central authority. Due to the value stored in these ledgers, bad actors have huge economic incentives to try and cause faults.

What algo was the original solution to the potentialproblem as specified by Satoshi?

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Correct Answer: D

The big breakthrough when Bitcoin was invented, was the use of Proof-of-Work as a probabilistic solution to the Byzantine Generals Problem as described in depth by Satoshi Nakamoto.


Question No. 2

The primary difference between a blockchain and blockless solution is?

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Correct Answer: C

Question No. 3

You are considering writing smart contracts andthere are a few different languages you can consider. (Select two.)

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Correct Answer: B, C

To write smart contracts there are a few different languages: Solidity, which is like JavaScript and has .sol as a file extension, Serpent, Python-like with extension .se, and a 3rd, LLL, based on Lisp. Serpent was popular a while back but Solidity is the most popular right now and more robust, so just use Solidity. You prefer Python? Use Solidity.


Question No. 4

You currently using the Metamask Chrome plugin and you see a selection for Etherescan in the plugin.

What is Etherscan used for?

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Correct Answer: A

A search engine that allows users to easily lookup, confirm and validate transactions that have taken place on the Ethereum Blockchain


Question No. 5

Blockchains only work to store financial transactions or other exchanges of monetary value.

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Correct Answer: B