TOP TEST CERTIFICATION 312-82 COST 100% PASS | TRUSTABLE EC-COUNCIL NEW EC-COUNCIL BLOCKCHAIN FINTECH CERTIFICATIONB|FC EXAM EXAM DUMPS PASS FOR SURE

TOP Test Certification 312-82 Cost 100% Pass | Trustable EC-COUNCIL New EC-Council Blockchain Fintech CertificationB|FC exam Exam Dumps Pass for sure

TOP Test Certification 312-82 Cost 100% Pass | Trustable EC-COUNCIL New EC-Council Blockchain Fintech CertificationB|FC exam Exam Dumps Pass for sure

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EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q16-Q21):

NEW QUESTION # 16
These wallets contain randomly generated private keys and are also called just a bunch of key wallets.

  • A. Non-Deterministic Wallets
  • B. Deterministic Wallets
  • C. Brain Wallets
  • D. Hierarchical Deterministic Wallets

Answer: A

Explanation:
Non-Deterministic Wallets, also known as"Just a Bunch of Keys" (JBOK)wallets, contain randomly generated private keys that are not derived from a single seed. In this type of wallet, each key is created independently and must be backed up individually, as there is no way to recover keys through a mnemonic seed phrase.
Key Details:
* Random Key Generation: Non-Deterministic wallets generate private keys independently, without a hierarchical or sequential structure. As a result, each key is standalone, and losing a key means losing access to the corresponding funds permanently.
* Backup Requirements: Since each key is unique and unrelated, Non-Deterministic wallets require separate backups for each key. This differs from Hierarchical Deterministic wallets, which can be restored using a single seed phrase.
* Use Case: These wallets were more common in the early days of copyright, but they are less favored today due to the convenience and recoverability provided by deterministic wallets.
In conclusion,C. Non-Deterministic Walletsis the correct answer, as it refers to wallets that contain randomly generated private keys and are known as JBOK wallets.


NEW QUESTION # 17
The right to publish a new block is determined by ________

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

Answer: A

Explanation:
The right to publish a new block is commonly determined byProof of Work (PoW)in blockchain networks like Bitcoin. In PoW, network nodes, known as miners, compete to solve a cryptographic puzzle. The first node to successfully solve it gains the right to add a new block to the blockchain.
Key Details:
* Proof of Work Mechanism: Miners perform computational work to solve a hash puzzle, which proves that they have expended effort. This process ensures that blocks are added in a way that is resistant to tampering and fraud.
* Reward System: The miner who successfully publishes a new block receives a block reward (in Bitcoin, for example), incentivizing miners to participate in maintaining the blockchain network's security.
* Alternative Mechanisms: Other consensus mechanisms, such as Proof of Stake (PoS), do not rely on computational work but rather on a node's stake or investment in the blockchain. However, in the context of traditional blockchain models like Bitcoin, PoW is the primary method for determining block publication rights.
Therefore,A. Nodes proof of workis the correct answer, as PoW is the standard method by which nodes earn the right to publish new blocks in many blockchain networks.


NEW QUESTION # 18
What type of DApp allows every participant to remain totally anonymous?

  • A. Fully anonymous DApp
  • B. TypeI
  • C. Type II
  • D. Reputation based DApp

Answer: A

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 # 19
_________is a blockchain based predictions market that uses the Ethereum blockchain.

  • A. IBM Blockchain
  • B. STEEM
  • C. DASH
  • D. Augur

Answer: D

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 # 20
______is designed to allow easy deployment of bloodchains.

  • A. Cello
  • B. Composer
  • C. Quit
  • D. Caliper

Answer: A

Explanation:
Hyperledger Cellois designed to facilitate the deployment and management of blockchain networks. It provides an easy-to-use framework for creating, managing, and scaling blockchain networks, making it suitable for rapid deployment and operation. Although the term "bloodchains" might be a typo or intended for
"blockchains," Cello indeed simplifies the blockchain setup process for various applications.
Key Details:
* Deployment and Management: Cello offers a suite of tools that automates blockchain deployment, operation, and monitoring, making it accessible for businesses looking to adopt blockchain technology with minimal effort.
* Modular Approach: It supports various blockchain frameworks, including Hyperledger Fabric, and is aimed at reducing the complexity involved in blockchain management.
* Use Cases: Hyperledger Cello is useful for enterprise blockchain applications, as it allows administrators to manage blockchain networks with tools that support configuration, monitoring, and scaling.
Thus,B. Cellois the correct answer, as it simplifies blockchain deployment and management.


NEW QUESTION # 21
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