MCQ » Blockchain Consultant Set 2

Two nodes sharing resources

A single node that runs the whole network

A node that provides additional supervisory network services

Master of all Dash nodes

Blockchain Consultants are expertise in blockchain development and provides decentralize and automate processes saving operational costs thereby simplifying and streamlining the entire trade process. We provide an automated trade lifecycle where all parties in the transaction have access to the exact same data about a trade.

Blockchain Consultant possesses in-depth knowledge in the blockchain ecosystem and all its facets to provide ultimate quality services.

Blockchain experts implement blockchain technology to maximum advantage with custom solutions to fit the desired requirement and this is done by the consultants.

All of above

Sidechains is another term for a hash function

Sidechains is Smart Contracts that have forked off the main Blockchain

Sidechains is a parallel network running adjacent to the main blockchain network for additional security

Sidechains is any mechanism that allows tokens from one blockchain to be securely used within a completely separate Blockchain

Finding

Panning

Sourcing

Mining

PoC create a framework and prototype to identify the use cases for the business with minimum viable features in 4 weeks.

PoC analyze existing solution and discover if it can be migrated to blockchain or not.

PoC build the product, from UI/UX to full front-end and back-end implementation.

PoC analyze existing solution and discover if it can be migrated to blockchain or not.

Ralph Merkle

Ralph Wiggum

Nick Szabo

Vitalik Buterin

Blockchain experts implement blockchain technology to maximum advantage with custom solutions to fit the desired requirement and this is done by the consultants.

Blockchain Consultants are expertise in blockchain development and provides decentralize and automate processes saving operational costs thereby simplifying and streamlining the entire trade process.

Blockchain Consultant possesses in-depth knowledge in the blockchain ecosystem and all its facets to provide ultimate quality services.

All of above

Blockchain Consultant research, design, develop, and test blockchain technologies(

Blockchain Consultant evaluate applications for new tools and technologies

Blockchain Consultant maintain and extend current client- and server-side applications responsible for integration and business logic

All of above

Block height is a process where the block size limit on a blockchain is increased by removing the signature data from bitcoin transactions.it frees up space and allows to add more transactions

Block height is a function that generates a 128-bit hash value. It’s common to create a file that holds checksum files and that ensures

Block height utilized by bitcoin to ensure ownership of funds. It is used to generate the public/private keys and can also include the signature.

Block height is the number of blocks in the chain between any specific block and the first chain block on the chai

Md5 is a process where the block size limit on a blockchain is increased by removing the signature data from bitcoin transactions.it frees up space and allows to add more transactions

Md5 utilized by bitcoin to ensure ownership of funds. It is used to generate the public/private keys and can also include the signature.

Md5 is the number of blocks in the chain between any specific block and the first chain block on the chai

Md5 is a function that generates a 128-bit hash value. It’s common to create a file that holds checksum files and that ensures

Distributed Ledger

Decentralized Ledger

Both a and b

None of these

Hyperledger is an umbrella project of open source blockchains to build enterprise-grade blockchain apps

Hyperledger is a decentralized public platform that runs dApps

Hyperledger is an open platform for building financial products that connect people everywhere.

Hyperledger is an open source blockchain platform for businesses

Platform

Privacy

Currency

All of the above

P2PKh is a hidden public key as you have been using is a type of transaction

P2PKh is a public key visible in the transaction and is a type of transaction .

P2PKh is used by bitcoin to offers an alternative blockchain that is used for testing

P2PKh utilized by bitcoin to ensure ownership of funds. It is used to generate the public/private keys and can also include the signature.

Blockchain Consultant possesses in-depth knowledge in the blockchain ecosystem and all its facets to provide ultimate quality services.

Blockchain experts implement blockchain technology to maximum advantage with custom solutions to fit the desired requirement and this is done by the consultants.

Blockchain Consultants are expertise in blockchain development and provides decentralize and automate processes saving operational costs thereby simplifying and streamlining the entire trade process.

All of above

Ideation discuss the feasibility of your blockchain project with technical team and define the business goals and workflow for your system.

Ideation is a Blockchain Consulting Team identifies the right blockchain platform for business based on the business requirements and the type of blockchain.

Ideation create a framework and prototype to identify the use cases for the business with minimum viable features in 4 weeks.

Ideation analyze existing solution and discover if it can be migrated to blockchain or not.

Ethereum decentralized public platform that runs dApps

Ethereum an umbrella project of open source blockchains to build enterprise-grade blockchain apps

Ethereum is an open platform for building financial products that connect people everywhere.

Ethereum is an open source blockchain platform for businesses

business case consultancy

fintech consultancy

technical consultancy

All of above

Black Paper

White Paper

Yellow Paper

Green Paper

Multiple people simultaneously.

One person at a time.

Only the people involved in the transaction.

All of above

Assessment analyze existing solution and discover if it can be migrated to blockchain or not.

Assessment create a framework and prototype to identify the use cases for the business with minimum viable features in 4 weeks.

Assessment is a Blockchain Consultants can help clients identify if the new technology can be integrated into their business operations and environment.

Assessment build the product, from UI/UX to full front-end and back-end implementation.

P2PK is a public key visible in the transaction and is a type of transaction .

P2PK is a hidden public key as you have been using is a type of transaction

P2PK utilized by bitcoin to ensure ownership of funds. It is used to generate the public/private keys and can also include the signature.

P2PK is used by bitcoin to offers an alternative blockchain that is used for testing

16 million

21 million

100 million

There is no maximum

Development build the product, from UI/UX to full front-end and back-end implementation.

Development is feasibility of your blockchain project with technical team and define the business goals and workflow for your system.

Development create a framework and prototype to identify the use cases for the business with minimum viable features in 4 weeks.

Development analyze existing solution and discover if it can be migrated to blockchain or not.

Ideation,Assessment

Technical Component Definition

PoC,Integration,Development

All of Above