Passing an exam requires diligent practice, and using the right study EC-COUNCIL Certification Exams material is crucial for optimal performance. With this in mind, PassReview has introduced a range of innovative 312-82 Practice Test formats to help candidates prepare for their 312-82.
In the complicated and changeable information age, have you ever been tried hard to find the right training materials of 312-82 exam certification? We feel delighted for you to find PassReview, and more delighted to find the reliable 312-82 Exam Certification training materials. It will help you get your coveted 312-82 exam certification.
PassReview's EC-Council Blockchain Fintech CertificationB|FC exam (312-82) exam questions contain EC-COUNCIL 312-82 real questions and answers that have been compiled and verified by EC-COUNCIL specialists in the field. This demonstrates that the real questions and answers in the EC-Council Blockchain Fintech CertificationB|FC exam (312-82) material are legitimate for the EC-Council Blockchain Fintech CertificationB|FC exam (312-82) practice exam. The EC-COUNCIL 312-82 practice questions are intended to help you easily and confidently clear the EC-Council Blockchain Fintech CertificationB|FC exam (312-82).
Topic | Details |
---|---|
Topic 1 |
|
Topic 2 |
|
Topic 3 |
|
Topic 4 |
|
Topic 5 |
|
Topic 6 |
|
NEW QUESTION # 19
A________in a new chain and requires clients to upgrade in order to participate on the new blockchain.
Answer: D
Explanation:
Ahard forkoccurs when there is a fundamental change in a blockchain's protocol, resulting in the creation of a new chain that is incompatible with the previous one. After a hard fork, nodes must upgrade to the new version of the blockchain's software to continue participating in the network. A hard fork can be used to implement new features, fix security issues, or change core aspects of the blockchain.
Key Details:
* Differences from Soft Forks: Unlike a soft fork, which is backward-compatible and allows nodes on the previous version to still participate, a hard fork splits the blockchain into two distinct paths, with the upgraded path requiring new software.
* Examples: Notable hard forks include Bitcoin Cash from Bitcoin and Ethereum Classic from Ethereum. These forks occurred due to disagreements within the community on how to handle certain protocol changes, leading to the creation of separate blockchains.
* Upgrade Requirements: Participants on the blockchain who wish to continue on the new chain after a hard fork must update their software. Those who do not upgrade remain on the original chain, which continues as a separate, incompatible blockchain.
Thus, the correct answer isHard fork (A), as it directly refers to a blockchain split that requires client upgrades for participation.
NEW QUESTION # 20
_________is a blockchain based predictions market that uses the Ethereum blockchain.
Answer: B
Explanation:
Auguris a decentralized, blockchain-based predictions market built on the Ethereum network. It enables users to create and participate in markets based on the outcome of real-world events, using smart contracts to automate the process and secure transactions.
Key Details:
* Ethereum-Based: Augur utilizes the Ethereum blockchain to facilitate the creation and settlement of prediction markets. It leverages Ethereum's smart contracts to ensure transparency, immutability, and trustless interactions.
* Decentralized Prediction Market: In Augur, users can bet on the outcome of various events, ranging from sports to elections. The decentralized nature of the platform ensures that no central authority controls the markets, providing a level of censorship resistance.
* Token Usage: Augur uses a token called REP (Reputation) that holders use to report and dispute outcomes of events on the platform. This ensures that the market outcomes are validated in a decentralized manner.
Thus,A. Auguris the correct answer, as it is a blockchain-based prediction market built on Ethereum.
NEW QUESTION # 21
Self-executing computer programs which facilitate transaction automation and eliminates the need for intermediaries are called what?
Answer: D
Explanation:
Smart Contractsare self-executing computer programs that automatically enforce, verify, and facilitate the terms of a contract when certain conditions are met. These programs run on blockchain networks and eliminate the need for intermediaries by automating transactions based on predefined rules coded into the contract.
Key Details:
* Automation and Trust: Smart contracts are crucial in blockchain technology because they enable trustless transactions, meaning parties can transact directly without relying on intermediaries. The code controls the execution, and transactions are transparent and irreversible.
* Use Cases: Smart contracts are foundational to decentralized finance (DeFi) applications, supply chain management, digital identity, and more. They facilitate various operations such as lending, borrowing, insurance, and automated asset transfers.
* Example in Ethereum: Ethereum popularized smart contracts by providing a platform with Turing- complete scripting capabilities. This allowed developers to create sophisticated decentralized applications that execute on the blockchain.
In conclusion,D. Smart contractsis the correct answer as it refers to the technology that automates transactions and eliminates the need for intermediaries.
NEW QUESTION # 22
A________ is a blockchain where participants of the network are already known and trusted.
Answer: D
Explanation:
APermissioned ledgeris a blockchain where participants are known and trusted, and access to the network is restricted to authorized entities. Permissioned ledgers are commonly used in enterprise and consortium settings where privacy, compliance, and control over data are essential.
Key Details:
* Controlled Access: In a permissioned ledger, only pre-approved participants can validate transactions and participate in the consensus process. This model ensures that all network members are identified and trusted, which is ideal for environments requiring a higher level of control and privacy.
* Use Cases: Permissioned ledgers are widely used in industries such as finance, healthcare, and supply chain, where it's important to know and trust participants due to regulatory or operational needs.
* Contrast with Permissionless Ledgers: Unlike permissionless ledgers (such as Bitcoin), which allow anyone to join and participate in the network, permissioned ledgers restrict participation to entities that meet specific criteria.
Thus,A. Permissioned ledgeris the correct answer, as it describes a blockchain network where participants are known and trusted.
NEW QUESTION # 23
Which of the following is a language for working with Ethereum?
Answer: B
Explanation:
Solidityis the primary programming language used for developing smart contracts on the Ethereum blockchain. It is a statically typed, high-level language similar to JavaScript and C++, and it is specifically designed for creating contracts that run on the Ethereum Virtual Machine (EVM).
Key Details:
* Purpose of Solidity: Solidity was created by the Ethereum team to enable the development of smart contracts that automate the execution of blockchain-based applications. Its syntax is designed to be familiar to developers experienced in other programming languages, which helps in onboarding and learning.
* Compatibility and Flexibility: As a Turing-complete language, Solidity allows for the development of complex smart contracts and decentralized applications (DApps) with conditional logic, loops, and more. It is widely used in the DeFi space and beyond.
* Ethereum Test Networks: Other options listed, such asRinkebyandKovan, refer to Ethereum test networks where developers test smart contracts, but they are not languages themselves.Mistis an Ethereum wallet interface, not a programming language.
Thus,C. Solidityis the correct answer, as it is the language specifically designed for working with Ethereum smart contracts.
NEW QUESTION # 24
......
PassReview can provide professional and high quality products. It is the industry leader in providing IT certification information. To selecte PassReview is to choose success. PassReview's EC-COUNCIL 312-82 Exam Training materials is your magic weapon to success. With it, you will pass the exam and achieve excellent results, towards your ideal place.
312-82 Best Practice: https://www.passreview.com/312-82_exam-braindumps.html
Tags: Latest 312-82 Test Pdf, 312-82 Best Practice, 312-82 Online Tests, 312-82 Useful Dumps, 312-82 Free Download Pdf