Biography

Latest 312-82 Study Notes & Dump 312-82 File

You can try 312-82 free demo before you decide to buy the full version practice test. 312-82 exam dumps details are researched and produced by our Professional Certification Experts who are constantly using industry experience to produce precise, and logical. Actual4Labs 312-82 Exam Dumps will not only help you pass in one attempt, but also save your valuable time.

Our experts all have a good command of exam skills to cope with the 312-82 preparation materials efficiently in case you have limited time to prepare for it, because all questions within them are professionally co-related with the 312-82 exam. Moreover, to write the Up-to-date 312-82 Practice Braindumps, they never stop the pace of being better. As long as you buy our 312-82 study quiz, you will find that we update it from time to time according to the exam center.

>> Latest 312-82 Study Notes <<

Dump 312-82 File | Premium 312-82 Files

Probably you’ve never imagined that preparing for your upcoming 312-82 exam could be so easy. The good news is that 312-82 test dumps have made it so! The brilliant 312-82 test dumps are the product created by those professionals who have extensive experience of designing exam study materials. These professionals have deep exposure of the test candidates’ problems and requirements hence our 312-82 Test Dumps cater to your need beyond your expectations.

EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q39-Q44):

NEW QUESTION # 39
_________is a blockchain based predictions market that uses the Ethereum blockchain.

• A. DASH
• B. STEEM
• C. IBM Blockchain
• 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 # 40
According to Consensys, which of the following are benefits of blockchain for finance (pick two)?

• A. Faster claims processing
• B. Streamlined processes
• C. Access to international markets
• D. More reactive market

Answer: B,C

Explanation:
According to ConsenSys, blockchain offers various benefits for finance, includingstreamlined processesand access to international markets. These benefits enable financial institutions to operate more efficiently and expand their services globally.
Key Details:
* Streamlined Processes: Blockchain eliminates intermediaries, automates workflows through smart contracts, and reduces paperwork, resulting in faster and more efficient financial transactions and record-keeping.
* Access to International Markets: Blockchain facilitates cross-border transactions and reduces the barriers associated with currency exchange and international settlements, allowing financial institutions to expand their reach and provide services to a global audience.
* Operational Efficiency: By automating and digitizing various financial processes, blockchain reduces costs, enhances accuracy, and simplifies compliance, making it easier for financial institutions to operate internationally.
Therefore,C. Streamlined processesandD. Access to international marketsare the correct answers, as these align with the benefits of blockchain for finance according to ConsenSys.

NEW QUESTION # 41
These wallets use a this passphrase to derive the private key

• A. Hierarchical Deterministic Wallets
• B. Deterministic Wallets
• C. Brain Wallets
• D. Non-Deterministic Wallets

Answer: C

Explanation:
Brain Walletsderive private keys from a passphrase. This approach allows users to create a wallet by memorizing a unique phrase, which is then hashed to generate the corresponding private key.
Key Details:
* Use of Passphrases: Brain wallets use a passphrase that is entered by the user, typically a string of words that can be remembered easily. This passphrase is then converted into a private key using a cryptographic hash function.
* Security Concerns: While convenient, brain wallets are susceptible to brute-force attacks if the passphrase is not sufficiently complex. Simple or common phrases may be vulnerable to attackers who use lists of common phrases to derive potential private keys.
* Distinction from Deterministic Wallets: Unlike Hierarchical Deterministic Wallets, which use a seed phrase to generate a tree of keys, brain wallets derive a single private key directly from a passphrase.
In conclusion,B. Brain Walletsis the correct answer, as these wallets use a passphrase to generate the private key.

NEW QUESTION # 42
A________ is a blockchain where participants of the network are already known and trusted.

• A. Permission less ledger
• B. Smart contract
• C. Hyperledger Fabric
• D. Permissioned ledger

Answer: D

Explanation:
APermissioned ledgeris a blockchain where participants are known and trusted, and access to the network is restricted to authorized entities. Permissioned ledgers are commonly used in enterprise and consortium settings where privacy, compliance, and control over data are essential.
Key Details:
* Controlled Access: In a permissioned ledger, only pre-approved participants can validate transactions and participate in the consensus process. This model ensures that all network members are identified and trusted, which is ideal for environments requiring a higher level of control and privacy.
* Use Cases: Permissioned ledgers are widely used in industries such as finance, healthcare, and supply chain, where it's important to know and trust participants due to regulatory or operational needs.
* Contrast with Permissionless Ledgers: Unlike permissionless ledgers (such as Bitcoin), which allow anyone to join and participate in the network, permissioned ledgers restrict participation to entities that meet specific criteria.
Thus,A. Permissioned ledgeris the correct answer, as it describes a blockchain network where participants are known and trusted.

NEW QUESTION # 43
What is the term for the smallest subunit in Ether.

• A. ETH
• B. Bitcoin
• C. Wie
• D. Gas

Answer: C

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