Blockchain and its Applications | Week 8

Session: JAN-APR 2024

Course Name: Blockchain and its Applications

Course Link: Click Here

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These are Blockchain and its Applications Assignment 8 Answers


Q1. Which of the following is an open, scalable consensus algorithm having low transaction throughput?
a. PoW
b. PoS
c. PBFT
d. PoL

Answer: a. PoW


Q2. Running a chaincode in hyperledger fabric internally involves the following steps even if all the steps are not explicitly done by the user in the latest versions.
i. Instantiation of Chaincode of Channel
ii. Creation of Channel
iii. Configuring Orderer and Peer nodes
iv. Adding members to Channel
v. Installing chaincode on peers
Which of the following sequence of steps is valid?
a. ii, iv, iii, i
b. iv, iii, v, i
c. v, i, ii, iv
d. iii, v, ii, iv, i

Answer: d. iii, v, ii, iv, i


These are Blockchain and its Applications Assignment 8 Answers


Q3. Hyperledger Fabric only allows Proof of Work consensus to be plugged in to ensure a high degree of trustworthiness. True or False
a. True
b. False

Answer: b. False


Q4. Traditional methods for centralized digital identity management do NOT have which of the following characteristics?
a. Identity holder can easily decide with whom to share the identity and which part of it
b. Identity theft can occur and remain undetected
c. Restricting components of identity to be revealed to different verifiers is difficult
d. An attacker can capture the presented identity

Answer: a. Identity holder can easily decide with whom to share the identity and which part of it


These are Blockchain and its Applications Assignment 8 Answers


Q5. Which of the following statements is/are FALSE regarding PBFT and PoW?
a. PoW can be executed over both public and private blockchain networks.
b. PBFT can be executed over a private blockchain network, but not chosen to be executed over a public blockchain network in general.
C. PBFT can be generally preferred to be executed for both public and private blockchain networks
d. PoW can be executed over a private blockchain network but can not be executed over a public blockchain network

Answer: c), d)


Q6. Which of the following is/are true for Proof Of Work) PoW protocol
a. Generally used in Open environment
b. Scalable
c. Transaction Per second (TPS) is low in general
d. All of the above

Answer: a, b, c, d


These are Blockchain and its Applications Assignment 8 Answers


Q7. PBFT has higher transaction throughput than PoW
a. False
b. True

Answer: b. True


Q8. Which of the below statements is true?
a. PoW is a non-randomized protocol
b. Pow can always ensure consensus finality
c. BFT protocols ensure total ordering of transactions
d. None of the above

Answer: c. BFT protocols ensure total ordering of transactions


These are Blockchain and its Applications Assignment 8 Answers


Q9. BFT protocol ensures finality in general.
a. False
b. True

Answer: b. True


Q10. Which of the following is/are true for scalable witness cosigning protocol?
a. protect authorities and their clients from undetected misuse
b. ensuring that every authoritative statement is validated
c. It is used to sign a message by multiple authorities collectively
d. none of the above

Answer: a), b), c)


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These are Blockchain and its Applications Assignment 8 Answers

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Session: JAN-APR 2022

Course Name: Blockchain and its Applications

Course Link: Click Here

These are Blockchain and its Applications Assignment 8 Answers


Q1. Which of the following is/are true for (Proof Of Work) PoW protocol
a. Open environment
b. Scalable
c. Transaction Per second (TPS) is low in general in comparison to permissioned protocol
d. None of the above

Answer: a, b, c


Q2. Which of the following is/are true for scalable witness cosigning protocol?
a. protect authorities and their clients from undetected misuse
b. ensuring that every authoritative statement is validated
c. It can used to sign a message by multiple authorities collectively
d. none of the above

Answer: a, b, c


These are Blockchain and its Applications Assignment 8 Answers


Q3. Which statement(s) are true about Byzantine Dissemination Quorum:
i. Any 2 quorums have at least one correct replica in common
ii. If you have 3 numbers of faulty nodes you need at least 10 replicas to reach consensus.
iii. Any 2 quorams have at most one correct replica in common
iv. PBFT uses Byzantine Dissemination Quorum with 2f + 2 replicas

a. i, ii
b. ii, iv
c. Only ii
d. Only iv

Answer: c. Only ii


Q4. Alice wants to interact with an Ethereum Network. Which of the following are required to do that?
a. web3js
b. nodejs
c. geth
d. bitcon

Answer: a, c


These are Blockchain and its Applications Assignment 8 Answers


Q5. The command : geth —goerli –syncmode “fast” will
a. Will downloads all blocks excluding headers, transactions, and receipts and will generate the state of the blockchain incrementally by executing every block.
b. Will downloads all blocks including headers, transactions and receipts, will verify all headers, and downloads the state and verify it against the headers.
c. Will downloads all blocks including headers, transactions, and receipts and will generate the state of the blockchain incrementally by executing every block.
d. Will downloads all block headers, block data, and verifies some randomly.

Answer: b. Will downloads all blocks including headers, transactions and receipts, will verify all headers, and downloads the state and verify it against the headers.


Q6. Which of the following is an open, scalable consensus algorithm having low transaction throughput?
a. Pow
b. PoS
c. PBFT
d. PoB

Answer: a. Pow


These are Blockchain and its Applications Assignment 8 Answers


Q7. In basic form PBFT has higher transaction throughput than PoW
a. False
b. True

Answer: b. True


Q8. Which of the below statements is true?
a. PoW is a non-randomized protocol
b. BFT protocols ensure total ordering of transactions
c. PoW can always ensure consensus finality
d. None of the above

Answer: b. BFT protocols ensure total ordering of transactions


These are Blockchain and its Applications Assignment 8 Answers


Q9. BFT protocol ensures finality in general.
a. False
b. True

Answer: b. True


Q10. Hyperledger Fabric allows pluggable implementations of consensus algorithm to ensure a high degree of confidentiality, resiliency and scalability. True or False
a. False
b. True

Answer: b. True


These are Blockchain and its Applications Assignment 8 Answers

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These are Blockchain and its Applications Assignment 8 Answers
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