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EC-COUNCIL 312-82 Exam Syllabus Topics:

Topic	Details
Topic 1	Security in Blockchains: This part assesses the knowledge of cybersecurity experts, IT auditors, and compliance professionals in securing blockchain systems.
Topic 2	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 3	Blockchain Project Implementation: In this section, the exam focuses on the capability of project managers to execute blockchain projects effectively.
Topic 4	Blockchain’s Cryptocurrency Assets: This segment tests the proficiency of professionals like cryptocurrency traders in the area of cryptocurrency 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 5	Decentralized Applications (dApps): This final section examines the skills of software developers in creating decentralized applications (dApps). It discusses the design, development, and deployment of dApps and their potential to revolutionize traditional business models by offering more secure, transparent, and efficient solutions.
Topic 6	Introduction: This part of the exam gauges the basic knowledge of blockchain technology for professionals like financial analysts and covers key blockchain concepts such as distributed ledgers, consensus mechanisms, and smart contracts, forming the basis for more advanced topics covered later.
Topic 7	Ethereum: This part of the exam evaluates the expertise of blockchain developers and IT professionals in Ethereum, the leading platform for decentralized applications (dApps).
Topic 8	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.

EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q34-Q39):

NEW QUESTION # 34
How many bitcoin are available?

A. It fluctuates with demand
B. 21 million
C. 1 million
D. It increases each year

Answer: B

Explanation:
Bitcoin has a fixed supply limit of21 millioncoins, as defined by its protocol. This cap is coded into Bitcoin's original protocol and cannot be altered without a consensus change, ensuring its scarcity and value proposition as a "digital gold." Key Details:
* Fixed Supply: Bitcoin's supply limit is integral to its design, as it imposes a hard cap on the total number of coins that can ever be mined. This limited supply is one of the factors that gives Bitcoin its deflationary nature and potential as a store of value.
* Mining Schedule: New Bitcoins are released into circulation through mining rewards, which halve approximately every four years (in an event known as the "halving"). This gradually reduces the issuance rate until the maximum supply is reached around the year 2140.
* Difference from Other Cryptocurrencies: Unlike some cryptocurrencies that have flexible or inflationary supply models, Bitcoin's finite supply is a distinguishing feature that appeals to those concerned with long-term value preservation.
Therefore,D. 21 millionis the correct answer, as it accurately reflects the total number of Bitcoin that will ever exist.

NEW QUESTION # 35
These wallets store keys in a tree structure derived from a seed.

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

Answer: D

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 # 36
What is a utility cryplet?

A. A part of Microsoft Azure Bletchley that is used to provide basic services such as encryption and basic data fetching from external sources.
B. A part of IBM Hyperledger Fabric that is created automatically when a smart contract is created on the chain and resides off the chain.
C. A part of IBM Hyperledger Fabric Bletchley that is used to provide basic services such as encryption and basic data fetching from external sources.
D. A part of Microsoft Azure Bletchley that is created automatically when a smart contract is created on the chain and resides of the chain.

Answer: A

Explanation:
Autility crypletis a component of Microsoft Azure Bletchley that provides essential services, such as encryption and data retrieval from external sources, to support blockchain applications. Bletchley is a Microsoft Azure project designed to enhance blockchain infrastructure by offering middleware services and tools for secure and efficient blockchain solutions.
Key Details:
* Purpose of Utility Cryplets: Utility cryplets extend the functionality of blockchain networks by offering off-chain services, which include cryptographic operations, data encryption, and fetching information from external APIs or data sources. This enhances the capabilities of smart contracts by allowing them to securely interact with off-chain data.
* Microsoft Azure Bletchley: As part of Microsoft's blockchain ecosystem, Bletchley provides an environment that supports building, deploying, and managing blockchain applications. Cryplets are designed to facilitate secure, reliable, and scalable integration between on-chain and off-chain processes.
* Use Cases: Utility cryplets are particularly useful in scenarios where blockchain applications need to access external data (like price feeds, identity verification, etc.) while ensuring data integrity and security.
Therefore,B. A part of Microsoft Azure Bletchley that is used to provide basic services such as encryption and basic data fetching from external sourcesis the correct answer, as it describes the function and purpose of utility cryplets within the Azure Bletchley project.

NEW QUESTION # 37
Self-executing computer programs which facilitate transaction automation and eliminates the need for intermediaries are called what?

A. Distributed ledgers
B. Smart contracts
C. Cryptocurrencies
D. Bitcoin mining

Answer: B

Explanation:
Smart Contractsare self-executing computer programs that automatically enforce, verify, and facilitate the terms of a contract when certain conditions are met. These programs run on blockchain networks and eliminate the need for intermediaries by automating transactions based on predefined rules coded into the contract.
Key Details:
* Automation and Trust: Smart contracts are crucial in blockchain technology because they enable trustless transactions, meaning parties can transact directly without relying on intermediaries. The code controls the execution, and transactions are transparent and irreversible.
* Use Cases: Smart contracts are foundational to decentralized finance (DeFi) applications, supply chain management, digital identity, and more. They facilitate various operations such as lending, borrowing, insurance, and automated asset transfers.
* Example in Ethereum: Ethereum popularized smart contracts by providing a platform with Turing- complete scripting capabilities. This allowed developers to create sophisticated decentralized applications that execute on the blockchain.
In conclusion,D. Smart contractsis the correct answer as it refers to the technology that automates transactions and eliminates the need for intermediaries.

NEW QUESTION # 38
_________is a blockchain based predictions market that uses the Ethereum blockchain.

A. DASH
B. IBM Blockchain
C. STEEM
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 # 39
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Ace Your Exam Preparation with EC-COUNCIL 312-82 Exam Questions

Pdf 312-82 Braindumps - 312-82 Exam Material

EC-COUNCIL 312-82 Exam Syllabus Topics:

EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q34-Q39):

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