2025 EC-COUNCIL The Best Most 312-82 Reliable Questions
2025 EC-COUNCIL The Best Most 312-82 Reliable Questions
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Tags: Most 312-82 Reliable Questions, 312-82 Updated Dumps, Latest Test 312-82 Experience, 312-82 Review Guide, Free 312-82 Sample
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312-82 Updated Dumps | Latest Test 312-82 Experience
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EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q10-Q15):
NEW QUESTION # 10
_________is a blockchain based predictions market that uses the Ethereum blockchain.
- A. IBM Blockchain
- B. STEEM
- C. DASH
- D. Augur
Answer: D
Explanation:
Auguris a decentralized, blockchain-based predictions market built on the Ethereum network. It enables users to create and participate in markets based on the outcome of real-world events, using smart contracts to automate the process and secure transactions.
Key Details:
* Ethereum-Based: Augur utilizes the Ethereum blockchain to facilitate the creation and settlement of prediction markets. It leverages Ethereum's smart contracts to ensure transparency, immutability, and trustless interactions.
* Decentralized Prediction Market: In Augur, users can bet on the outcome of various events, ranging from sports to elections. The decentralized nature of the platform ensures that no central authority controls the markets, providing a level of censorship resistance.
* Token Usage: Augur uses a token called REP (Reputation) that holders use to report and dispute outcomes of events on the platform. This ensures that the market outcomes are validated in a decentralized manner.
Thus,A. Auguris the correct answer, as it is a blockchain-based prediction market built on Ethereum.
NEW QUESTION # 11
A____does not result in a new chain and does not require client nodes to upgrade.
- A. Dependent chain
- B. Hard fork
- C. Soft fork
- D. Side chain
Answer: C
Explanation:
Asoft forkis a change to a blockchain protocol that is backward-compatible, meaning it does not result in the creation of a new chain and does not require all client nodes to upgrade. Nodes that do not upgrade can still participate in the network, although they may not have access to all new features introduced by the soft fork.
Key Details:
* Backward Compatibility: In a soft fork, updated nodes enforce the new rules, while non-updated nodes continue to follow the older protocol but remain part of the same blockchain. This contrasts with hard forks, where incompatibility leads to the creation of a new chain.
* Use Cases: Soft forks are commonly used to implement protocol upgrades or adjustments that do not fundamentally alter the structure of the blockchain, such as increasing block size limits or adding new features that are optional.
* Examples: An example of a soft fork is the Segregated Witness (SegWit) update on the Bitcoin blockchain, which was implemented to increase block capacity without splitting the chain.
Thus,B. Soft forkis the correct answer, as it refers to a backward-compatible update that does not require a new chain or mandatory upgrades from all nodes.
NEW QUESTION # 12
What is the term for the smallest subunit in Ether.
- A. ETH
- B. Wie
- C. Bitcoin
- D. Gas
Answer: B
Explanation:
The smallest subunit of Ether is called aWei. Ether (ETH) is divided into several subunits for precision in transactions, with Wei being the smallest, equivalent to 10#1810