Blockchain CBSA Exam - Topic 2 Question 69 Discussion

Actual exam question for Blockchain's CBSA exam

Question #: 69
Topic #: 2

Which of the following cryptocurrencies use an alternate consensus method called "Scrypt" to BTC's Proof of Work (POW) SHA-256 algorithm?

ARipple

BPeercoin

CLitecoin

DSteemit

Show Suggested Answer

Suggested Answer: B

by Lajuana at Jul 06, 2024, 05:55 AM

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My

5 months ago

I thought Ripple was more about consensus algorithms, not Scrypt.

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Ramonita

5 months ago

Yup, Litecoin is the main one with Scrypt.

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Ressie

5 months ago

Wait, Steemit? I thought it was just for blogging!

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Deonna

6 months ago

Peercoin is actually not Scrypt.

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Tarra

6 months ago

Litecoin uses Scrypt, for sure!

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Levi

6 months ago

I'm pretty confident that Litecoin is the right answer here, but I should double-check my notes on Steemit.

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Timothy

6 months ago

I feel like Peercoin might be related to Scrypt too, but I can't recall the details.

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Elly

6 months ago

I remember studying that Ripple uses a different consensus mechanism altogether, so it can't be Scrypt.

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Deandrea

7 months ago

I think Scrypt is associated with Litecoin, but I'm not entirely sure about the others.

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Jeannetta

7 months ago

I'm pretty confident Litecoin and Peercoin use Scrypt, but the other two have me stumped. Guess I'll have to make an educated guess on those.

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Kerry

7 months ago

Okay, I remember learning about Scrypt in class. I think Litecoin and Peercoin both use it, but I'm not 100% sure about the others.

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Roosevelt

7 months ago

Hmm, I know Litecoin uses Scrypt, but I'm not sure about the others. I'll have to think this through carefully.

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Alton

7 months ago

Litecoin for sure, that's an easy one. I'm a bit fuzzy on the others though. Gotta focus and eliminate the wrong answers.

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Billy

7 months ago

Okay, I've got a strategy. First, I'll check the Cisco Unified Communications Manager server status. If that's good, then I'll dive into the XMPP bind failures and service discovery problems.

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Louvenia

7 months ago

This looks like a pretty straightforward question about the structure of a BMP file. I'm pretty confident I can figure this out.

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Peggy

11 months ago

Wait, Scrypt? Is that some kind of new cryptocurrency based on baked potatoes or something? I'm gonna go with Litecoin, just to be on the safe side.

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Edda

10 months ago

Litecoin is the right choice, it uses Scrypt as an alternate consensus method.

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Harrison

11 months ago

Yeah, Scrypt is a hashing algorithm used by some cryptocurrencies. Litecoin is the correct answer.

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Christiane

11 months ago

I think Scrypt is a type of algorithm, not a new cryptocurrency. I would go with Litecoin too.

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Linwood

12 months ago

Litecoin, baby! They're the Scrypt masters. Though if you ask me, they should really consider switching to something a little more energy-efficient. Just sayin'.

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Virgilio

10 months ago

I think Peercoin also uses an alternate consensus method, but not Scrypt.

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Jerry

11 months ago

Yeah, I agree. It's definitely something to consider for the future.

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William

11 months ago

Litecoin uses the Scrypt consensus method, it's more energy-efficient than BTC's POW.

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Cherry

12 months ago

Litecoin, no doubt. Scrypt is like their secret sauce. Though I have to admit, I'm more of a 'hodl' kind of guy than a mining enthusiast.

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Leonora

11 months ago

Litecoin's Scrypt algorithm does give it a unique edge in the crypto world. It's interesting to see how different cryptocurrencies use different consensus methods.

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Chantell

11 months ago

I prefer holding onto my coins too, rather than mining. It's a safer bet in the long run.

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Viva

11 months ago

I agree, Litecoin is known for using the Scrypt algorithm. It's definitely a popular choice among cryptocurrency enthusiasts.

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Felicitas

12 months ago

Oh, this is easy. Litecoin for sure. Those guys are all about that Scrypt magic. Gotta love their commitment to keeping the mining playing field a little more level.

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