Free EC-Council Blockchain Fintech Certification (BFC) Exam 312-82 Exam Practice Test

A represents a transfer of value from one address to another, Transaction in a blockchain network can be defined also as a record of an event or the ‘’transfer of value from one account to another’’

• Hash function
• Block
• Signature
• transaction

What is a utility cryplet?

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

Proof of work algorithms are best described as being used for what?

• Executing transactions
• Proof that adequate computational resources have been sent.
• Bitcoin mining
• Proving the user has invested enough in the system

A Type II DAPP is categorized by its

• Using the protocol of a type II DApp
• Using the blockchain and protocol of a type I
• Using another blockchain such as Ethereum
• Using the block chain of a type I but not the protocol

How many bitcoin are available?

• It increases each year
• It fluctuates with demand
• 1 million
• 21 million

change the blockchain layout from a linearly sequential model.

• Side chains
• Fork chains
• Sub chains
• Tree chains

What type of DApp uses another blockchain such as Ethereum?

• DAO
• Type III
• Type II
• Pseude DApp

These wallets use a this passphrase to derive the private key

• Non-Deterministic Wallets
• Brain Wallets
• Hierarchical Deterministic Wallets
• Deterministic Wallets

Is a Microsoft blockchain development platform that allows the creation of custom private blockchains.

• Sratis
• Corda
• Azure
• Fabric

When you purchase bitcoins, how are they stored?

• In an exchange
• As a file
• As a hash
• In a bitcoin wallet