Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Acams CCAS Exam - Topic 2 Question 7 Discussion

Actual exam question for Acams's CCAS exam
Question #: 7
Topic #: 2
[All CCAS Questions]

Which key differences between the Bitcoin and Ethereum blockchains must investigators consider when investigating flows of funds on each respective chain? (Select Two.)

Show Suggested Answer Hide Answer
Suggested Answer: B, D

Bitcoin and Ethereum have fundamental differences important to investigators:

Variety of applications, assets, and networks (B): Ethereum supports diverse decentralized applications (dApps), multiple tokens (ERC-20, ERC-721), and various networks, complicating transaction tracing compared to Bitcoin's primary use as a cryptocurrency.

Ledger model (D): Ethereum uses an account-based ledger model, while Bitcoin uses a UTXO (unspent transaction output) model, affecting how transactions are recorded and analyzed.

Transaction cost (A) and address length (C) differ but are less relevant for fund flow investigations.


Contribute your Thoughts:

0/2000 characters
Hana
2 days ago
A and B are my picks. Costs and applications shape the investigation.
upvoted 0 times
...
Toshia
21 days ago
I feel A and C matter too. Address length can affect tracking.
upvoted 0 times
...
Claudio
26 days ago
I’d go with A and D. The ledger model is so different!
upvoted 0 times
...
Simona
1 month ago
Definitely! B is important for understanding the ecosystem.
upvoted 0 times
...
Adaline
1 month ago
I think A and B are crucial. Transaction costs can vary a lot.
upvoted 0 times
...
Michel
1 month ago
I thought transaction costs were similar, but I guess not!
upvoted 0 times
...
Ines
2 months ago
D) The ledger model is crucial for tracing funds!
upvoted 0 times
...
Veronika
2 months ago
C) Wait, is address length really that important?
upvoted 0 times
...
Emmett
2 months ago
B) Totally agree, Ethereum has way more applications.
upvoted 0 times
...
Lashandra
2 months ago
Haha, good luck to any investigator trying to keep up with all the crazy stuff happening on Ethereum! B and D for sure.
upvoted 0 times
...
Annalee
2 months ago
B and D, no doubt. The ability to create custom tokens and smart contracts on Ethereum adds a whole new layer of complexity compared to Bitcoin.
upvoted 0 times
...
Aliza
2 months ago
I'd go with B and D. The flexibility of Ethereum versus the more limited scope of Bitcoin is a big deal for investigators.
upvoted 0 times
...
Felicidad
3 months ago
Definitely B and D. The ledger model and application diversity are crucial factors when investigating transactions on these blockchains.
upvoted 0 times
...
Alpha
3 months ago
Okay, I think I've got it. The transaction cost and the ledger model are the two key differences that investigators would need to consider. The way transactions are processed and validated is quite different between the two blockchains.
upvoted 0 times
...
Stanton
3 months ago
B and D are the key differences to consider. Bitcoin is a single-purpose blockchain for digital currency, while Ethereum supports a wide variety of applications and assets.
upvoted 0 times
...
Suzan
3 months ago
A) Transaction cost is definitely a big difference!
upvoted 0 times
...
Beatriz
4 months ago
B and D make sense. The variety of applications complicates things.
upvoted 0 times
...
Sommer
4 months ago
I'm a bit confused on this one. I know there are some fundamental technical differences, but I'm not sure which two are the most important for this investigation. I'll need to revisit the blockchain concepts we covered in class.
upvoted 0 times
...
Xochitl
4 months ago
I've got this! The variety of applications and the address length are the two key differences I would focus on. Ethereum's smart contracts enable a much wider range of use cases compared to Bitcoin's more limited functionality.
upvoted 0 times
...
Leontine
4 months ago
Okay, let's see. Transaction cost and ledger model seem like obvious differences to consider. But I'm not sure about the other options - I'll have to review my notes on the technical differences between the two blockchains.
upvoted 0 times
...
Albina
4 months ago
Hmm, this is a tricky one. I'll need to think carefully about the key differences between Bitcoin and Ethereum to identify the two most relevant ones.
upvoted 0 times
Ulysses
3 months ago
I think transaction cost is a big factor.
upvoted 0 times
...
...
Angella
5 months ago
I think the ledger model is crucial since Bitcoin and Ethereum operate differently, but I’m torn between that and transaction costs for the second choice.
upvoted 0 times
...
Kris
5 months ago
I feel like address length might be a trick option here. I vaguely recall it being different, but I can't remember if it's significant for investigations.
upvoted 0 times
...
Maurine
5 months ago
I remember studying the variety of applications on Ethereum compared to Bitcoin, so I feel confident about that one. The other option is a bit fuzzy for me though.
upvoted 0 times
...
Augustine
5 months ago
I think the transaction cost is definitely a key difference, but I'm not sure about the second option. Was it the ledger model or something else?
upvoted 0 times
...

Save Cancel