EC-CouncilBlockchain Fintech Certification
Domain 2Objective 4
Finality in Blockchain Consensus BFC Practice Questions (Page 7)
Part of the Consensus Mechanisms for Financial Systems domain, which makes up ~11% of our current practice bank.
45questions here
9free pages
8concepts
Questions 31–35
- 31
A startup is building a blockchain-based invoice factoring platform. They need to ensure that once an invoice is sold, the buyer cannot claim the sale was reversed due to a chain fork. Which property is most important to design for?
Select an answer first - 32
A PoS blockchain network is experiencing a disagreement among validators about the canonical chain. The protocol uses slashing to penalize validators who vote for conflicting blocks. What is the primary purpose of this slashing mechanism in the context of finality?
Select an answer first - 33
In Proof of Work, what does the number of confirmations represent?
Select an answer first - 34
Which type of finality is characterized by the probability of a transaction being reversed decreasing over time as more blocks are added?
Select an answer first - 35
What role do checkpoints play in Proof of Stake finality?
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