Governance Models for Blockchain Networks BBLC Practice Questions (Page 4)

Questions 16–20

1. 16foundation · easy

   What is a 'governance attack' in a blockchain context?

   • AAn attempt to manipulate governance processes to make decisions that benefit the attacker
   • BAn attack that exploits vulnerabilities in the consensus algorithm to double-spend coins
   • CA denial-of-service attack on the network's nodes
   • DA phishing attack targeting users' private keys
   Reveal Solution Discussion Select an answer first
2. 17application · medium

   A large enterprise is considering joining a public blockchain network that uses off-chain governance through a foundation and community forums. The enterprise wants to ensure that its interests are represented in future decisions. What is the most effective way for the enterprise to participate?

   • AEngage in community forums and contribute to the foundation's working groups
   • BPurchase a large number of tokens to gain voting power
   • CWait for the foundation to make decisions and then comply
   • DFork the network to create a version that aligns with its interests
   Reveal Solution Discussion Select an answer first
4. 18foundation · easy

   What is the primary benefit of a hybrid governance model?

   • AIt eliminates the need for any human involvement in decision-making
   • BIt ensures that all decisions are made by a central authority
   • CIt makes governance completely automated and immutable
   • DIt combines on-chain efficiency with off-chain legitimacy and flexibility
   Reveal Solution Discussion Select an answer first
5. 19application · medium

   In a proof-of-work blockchain, a disagreement arises over a proposed protocol change. Developers have implemented the change, but a large mining pool refuses to upgrade. What is the most likely outcome if the mining pool continues to mine the old chain?

   • AThe network will split into two separate chains if both groups continue to mine
   • BThe proposal will be cancelled because one pool disagrees
   • CThe network will automatically upgrade because developers decided
   • DThe mining pool will be penalized and forced to upgrade
   Reveal Solution Discussion Select an answer first
6. 20foundation · easy

   Which of the following is a common risk in token-weighted voting systems?

   • APlutocracy, where wealthy token holders dominate decisions
   • BVoter apathy, where few people participate
   • CLack of transparency
   • DCentralization of development
   Reveal Solution Discussion Select an answer first