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Blockchain CBSA Exam - Topic 1 Question 59 Discussion

A centralized system is one that that is governed by a hierarchical authority.Which of the following Blockchains would be correctly stated as centralized?
B) Ethereum
A) Monero
C) Bitcoin Cash
D) Ripple

Blockchain CBSA Exam - Topic 1 Question 59 Discussion

Actual exam question for Blockchain's CBSA exam
Question #: 59
Topic #: 1
[All CBSA Questions]

A centralized system is one that that is governed by a hierarchical authority.

Which of the following Blockchains would be correctly stated as centralized?

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Suggested Answer: B

by Judy at Mar 07, 2024, 05:25 AM

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Leonora
9 months ago
Ethereum has some centralization issues too, just saying.
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Lino
10 months ago
Monero is totally decentralized, not centralized at all!
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Nieves
10 months ago
Wait, are we sure about Ripple being centralized?
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Georgiann
10 months ago
I disagree, Bitcoin Cash is more centralized than Ripple.
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Garry
10 months ago
Ripple is definitely centralized.
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Franklyn
10 months ago
I’m a bit confused because I thought Bitcoin Cash had some centralized aspects too, but I guess Ripple is the more obvious choice here.
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Maryann
11 months ago
I practiced a question similar to this, and I think the key is understanding the governance structure. Ripple definitely has a hierarchical authority.
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Natalie
11 months ago
I'm not entirely sure, but I feel like Monero and Ethereum are more decentralized. Ripple seems to fit the centralized definition better.
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Rex
11 months ago
I remember we discussed how Ripple is often seen as more centralized compared to others, so I think it might be the answer.
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Norah
11 months ago
I think the key is understanding the difference between centralized and decentralized blockchains. Ripple is the only one on this list that is centralized, so that's my best guess for the answer.
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Filiberto
11 months ago
Okay, let me break this down. A centralized system is governed by a hierarchical authority, so that rules out Monero, Ethereum, and Bitcoin Cash. That leaves Ripple as the only centralized blockchain option here.
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Romana
11 months ago
I'm pretty confident that Ripple is the correct answer here. Ripple is a centralized blockchain system, unlike the other options which are decentralized.
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Maurine
11 months ago
Hmm, I'm a bit unsure about this one. I know Monero and Bitcoin Cash are decentralized, but I'm not sure about Ethereum. I'll have to think this through carefully.
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Carrol
11 months ago
LDAP and certificate-based, got it. That makes sense for a single portal serving both employees and guests.
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Michell
11 months ago
I feel like tariffs on imported goods would encourage local production, which could reduce the deficit, right? That was a strategy we talked about in class.
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Kristofer
11 months ago
This seems like a straightforward question about the main obstacle to conducting a PIA. I'll carefully review the options and choose the one that best fits.
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Kallie
1 year ago
Centralized blockchain? That's like finding a needle in a haystack made of pillows. Ripple is the odd one out, no question about it.
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Jacqueline
1 year ago
I agree, Ripple is the centralized blockchain.
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Art
1 year ago
Yeah, Ripple is the odd one out for sure.
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Asha
1 year ago
Ripple is definitely the centralized one.
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Joesph
1 year ago
Ethereum centralized? I'd sooner believe the Earth is flat. Ripple is the only one that fits the description, hands down.
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Gracie
1 year ago
Monero? Centralized? Ha! That's like saying the Hulk is a ballerina. Ripple is the clear answer here, no doubt about it.
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Salena
1 year ago
Ripple is the clear answer here, no doubt about it.
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Kerry
1 year ago
Ripple is the clear answer here, no doubt about it.
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Daron
1 year ago
Monero? Centralized? Ha! That's like saying the Hulk is a ballerina.
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Novella
1 year ago
Monero? Centralized? Ha! That's like saying the Hulk is a ballerina.
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Ahmad
1 year ago
That's a good point, I see where you're coming from. It's important to consider the governance structure of each blockchain.
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Justine
1 year ago
I disagree, I believe Bitcoin Cash is the centralized one because it has a centralized development team making decisions.
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Tran
1 year ago
Wait, a centralized blockchain? That's like having a unicorn with a barcode! Ripple, of course, since it's basically a glorified banking system.
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Aliza
1 year ago
Bitcoin Cash and Ethereum are more decentralized compared to Ripple.
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Precious
1 year ago
I agree, Ripple is like the opposite of decentralization.
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Arlette
1 year ago
Yeah, Ripple is definitely the most centralized out of those options.
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Elfrieda
1 year ago
Ripple, definitely. It's controlled by a small group of validators.
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Ahmad
1 year ago
I think Ripple would be the correct answer because it is controlled by a small group of validators.
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