EC-COUNCIL 312-82 VALID TEST PATTERN & FLEXIBLE 312-82 LEARNING MODE

EC-COUNCIL 312-82 Valid Test Pattern & Flexible 312-82 Learning Mode

EC-COUNCIL 312-82 Valid Test Pattern & Flexible 312-82 Learning Mode

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Tags: 312-82 Valid Test Pattern, Flexible 312-82 Learning Mode, Answers 312-82 Real Questions, New 312-82 Exam Simulator, New 312-82 Test Bootcamp

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EC-COUNCIL 312-82 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Financial Applications: This section assesses the understanding of blockchain applications within financial services for professionals such as fintech developers and covers how blockchain is reshaping areas like payments, remittances, and trading by providing secure, transparent, and efficient alternatives to conventional methods.
Topic 2
  • Blockchain Project Implementation: In this section, the exam focuses on the capability of project managers to execute blockchain projects effectively.
Topic 3
  • Ethereum: This part of the exam evaluates the expertise of blockchain developers and IT professionals in Ethereum, the leading platform for decentralized applications (copyright).
Topic 4
  • Decentralized Applications (copyright): This final section examines the skills of software developers in creating decentralized applications (copyright). It discusses the design, development, and deployment of copyright and their potential to revolutionize traditional business models by offering more secure, transparent, and efficient solutions.
Topic 5
  • Insurance Applications: This section evaluates the expertise of insurance professionals, such as underwriters and claims managers in utilizing blockchain technology within the insurance industry.
Topic 6
  • Open Source: This module assesses the understanding of software developers and IT professionals concerning open-source blockchain frameworks. It explores the advantages of open-source development in blockchain, such as fostering innovation, transparency, and collaboration, as well as how professionals can contribute to or adopt these open-source solutions.
Topic 7
  • Blockchain as a Service (BaaS): This section measures the skills of IT architect in deploying Blockchain as a Service (BaaS). It outlines how BaaS enables organizations to create and manage blockchain applications without building their own infrastructure, simplifying the adoption and scaling of blockchain technologies.
Topic 8
  • Blockchain’s copyright Assets: This segment tests the proficiency of professionals like copyright traders in the area of copyright assets. It examines the role of blockchain in creating and managing digital currencies like Bitcoin and Ethereum, as well as its broader impact on the financial world.
Topic 9
  • Security in Blockchains: This part assesses the knowledge of cybersecurity experts, IT auditors, and compliance professionals in securing blockchain systems.
Topic 10
  • Bitcoin: This module zeroes in on Bitcoin, the first and most prominent copyright. It tests the understanding of blockchain developers about how Bitcoin works, its impact on the financial landscape, and the challenges and opportunities related to its adoption as a digital currency.

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Free PDF EC-COUNCIL - Marvelous 312-82 - EC-Council Blockchain Fintech CertificationB|FC exam Valid Test Pattern

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EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q45-Q50):

NEW QUESTION # 45
These wallets store keys in a tree structure derived from a seed.

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

Answer: A

Explanation:
Hierarchical Deterministic (HD) Walletsare wallets that generate private and public keys in a tree structure, starting from a single seed phrase. This seed phrase can generate multiple key pairs, allowing users to back up and recover all their wallet addresses using one phrase, which enhances security and convenience.
Key Details:
* Tree Structure: HD wallets use a root seed to derive an entire hierarchy of keys. Each branch in the tree can create new sub-branches, generating separate addresses for different transactions without reusing them, which provides better privacy.
* Seed-Based Recovery: Users can restore all wallet addresses with the original seed phrase, making HD wallets more secure and easy to back up compared to non-deterministic wallets, which would require individual backups for each key.
* Compatibility with Blockchain Standards: HD wallets adhere to the BIP32 and BIP44 standards, which outline the derivation paths and formats used by these wallets. This compatibility allows for interoperability among different wallet providers.
In conclusion, Hierarchical Deterministic Wallets (answer B) best describes wallets that store keys in a tree structure derived from a seed.


NEW QUESTION # 46
Ethereum uses_____ as Proof of Work (PoW) whereas Bitcoin uses____based PoW.

  • A. PoB BoW
  • B. SHAZ56 ETHASH
  • C. PoW PoB
  • D. ETHASH SHA-256

Answer: D

Explanation:
Ethereum uses Ethashas its Proof of Work (PoW) algorithm, whileBitcoin uses SHA-256for its PoW algorithm. Both are used to secure their respective networks, but they differ in terms of computational complexity and memory requirements.
Key Details:
* Ethash (Ethereum): Ethash is a memory-hard hashing algorithm designed to be resistant to ASIC mining, favoring GPU miners instead. It requires substantial memory, which helps to ensure a higher degree of decentralization.
* SHA-256 (Bitcoin): Bitcoin's SHA-256 is a highly secure hashing algorithm that supports ASIC mining. It is computationally intensive but less memory-demanding compared to Ethash.
* Purpose in PoW: Both algorithms enable miners to validate transactions and secure the network by solving complex puzzles. Ethash's design helps Ethereum maintain a decentralized network, whereas SHA-256 allows Bitcoin to achieve high levels of security with specialized mining equipment.
Therefore,D. ETHASH SHA-256is the correct answer, as these are the specific PoW algorithms used by Ethereum and Bitcoin, respectively.


NEW QUESTION # 47
________are computer programs which facilitate transaction automation and eliminates the need for intermediaries

  • A. Ledgers
  • B. Smart contracts
  • C. Blockchains
  • D. Distributed Ledgers

Answer: B

Explanation:
Smart Contractsare self-executing programs that automate transactions and eliminate the need for intermediaries. They operate on blockchain networks and are coded to execute specific actions when predetermined conditions are met.
Key Details:
* Transaction Automation: Smart contracts automatically execute the terms of a contract once the agreed-upon conditions are fulfilled. This reduces manual processing and ensures transparency and trust between parties.
* Elimination of Intermediaries: By running on a decentralized network, smart contracts eliminate the need for third-party intermediaries, such as lawyers or notaries, reducing transaction costs and increasing efficiency.
* Application Across Industries: Smart contracts are used in various sectors, from finance and supply chain to insurance and real estate, due to their ability to enforce terms without human intervention.
Therefore,D. Smart contractsis the correct answer, as they facilitate automated transactions and remove the need for intermediaries.


NEW QUESTION # 48
______is intended to provide a foundation for the development of blockchain solutions with a modular architecture.

  • A. Sawtooth
  • B. IROHA
  • C. FABRIC
  • D. Hyperledger Composer

Answer: C

Explanation:
Hyperledger Fabricis designed to provide a foundation for developing blockchain solutions with a modular architecture. Fabric, a project under the Hyperledger umbrella by the Linux Foundation, offers flexibility through its pluggable components, enabling enterprises to tailor blockchain networks according to their specific requirements.
Key Details:
* Modular Architecture: Hyperledger Fabric supports modular plug-ins for various functions, including consensus, identity management, and privacy settings. This allows organizations to customize the blockchain to suit their operational needs.
* Permissioned Network: Fabric is a permissioned blockchain, meaning that it restricts network participation to authorized entities, which is ideal for enterprise use cases that require confidentiality and controlled access.
* Enterprise-Grade Features: Fabric's architecture is well-suited for complex business processes, providing features like private data collections, which allow subsets of participants to create private channels for transactions.
Thus,B. FABRICis the correct answer, as it is specifically developed to support modular, enterprise-grade blockchain solutions.


NEW QUESTION # 49
A____does not result in a new chain and does not require client nodes to upgrade.

  • A. Dependent chain
  • B. Soft fork
  • C. Hard fork
  • D. Side chain

Answer: B

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 # 50
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