EMT Practice Test

1. Question Content...

---

Question1: Public blockchains most often use________ as a consensus mechanism.

Question2: What type of DApp uses another blockchain such as Ethereum?

Question3: _______uses a Trusted Execution environment (TEE) to provide randomness and safety in the leader election process via a guaranteed wait time.

Question4: Self-executing computer programs which facilitate transaction automation and eliminates the need for intermediaries are called what?

Question5: A________ is a blockchain where participants of the network are already known and trusted.

Question6: The financial Action Task force defines virtual asset providers as companies that (choose two):

Question7: When you purchase bitcoins, how are they stored?

Question8: Which of the following is a language for working with Ethereum?

Question9: Who first proposed blind signatures to build an untraceable digital currency?

Question10: ________is one of the most widely used enterprise blockchain frameworks applicable across different industries.

Question11: ______is intended to provide a foundation for the development of blockchain solutions with a modular architecture.

Question12: According to Consensys, which of the following are benefits of blockchain for finance (pick two)?

Question13: Ethereum uses_____ as Proof of Work (PoW) whereas Bitcoin uses____based PoW.

Question14: A Type II DAPP is categorized by its______

Question15: How many bitcoin are available?

Question16: Distributed ledger technology or DLT is a word used to describe technologies which store, distribute and facilitate the exchange of value between users, either privately or publicly.

Question17: _______implements the interledger protocol, which facilitates interoperability across different distributed and non-distributed ledger networks.

Question18: Is a Microsoft blockchain development platform that allows the creation of custom private blockchains.

Question19: According to FinCEN what dictates the obligations of money transmitters?

Question20: These wallets contain randomly generated private keys and are also called just a bunch of key wallets.

Question21: What two types of transactions are there in Ethereum(pick z):

Question22: A________in a new chain and requires clients to upgrade in order to participate on the new blockchain.

Question23: FinCEN requires any person engaging in the business of money transmission or the transfer of funds, including CVC, to (I) maintain an ''effective'' written anti-money laundering program reasonably designed to prevent the business from being employed to help the financing of terrorist activities and money laundering and________.

Question24: What is the primary way blockchain could help in the food industry?

Question25: Proof of work algorithms are best described as being used for what?