EC-CouncilBlockchain Business Leader Certification
Domain 3Objective 1
Blockchain Consensus Mechanisms and Their Applications BBLC Practice Questions (Page 9)
Part of the Consensus, Cryptomining, and Token Economics domain, which makes up ~13% of our current practice bank.
62questions here
13free pages
17concepts
Questions 41–45
- 41
A Proof of Stake network is designing its validator reward and penalty system. They want to ensure that validators are incentivized to act honestly and that the network remains secure. Which mechanism best aligns validator incentives with network security?
Select an answer first - 42
A consortium of 15 banks wants to build a shared ledger for interbank settlements. They require high transaction throughput, finality within seconds, and the ability to operate under a governance framework where each bank is known and vetted. They are concerned about the energy consumption of public blockchain consensus. Which consensus mechanism is the most appropriate choice?
Select an answer first - 43
What is the primary advantage of ASIC miners over GPU miners for PoW mining?
Select an answer first - 44
A government agency is building a permissioned blockchain to record land titles. They need the system to tolerate up to one faulty node among a set of known validators and to provide immediate finality. Which consensus mechanism should they select?
Select an answer first - 45
A blockchain startup wants to launch a new cryptocurrency with low energy consumption and fast transaction finality. They are willing to accept some degree of centralization in exchange for efficiency. Which consensus mechanism should they choose?
Select an answer first
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