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Blockchain CBSP Exam - Topic 2 Question 95 Discussion

In which blockchain consensus algorithm does a user pay (give up coin forever) to participate in consensus?
A) Proof of Burn
B) Proof of Work
C) Proof of Stake
D) Proof of Activity
E) None of the above

Blockchain CBSP Exam - Topic 2 Question 95 Discussion

Actual exam question for Blockchain's CBSP exam
Question #: 95
Topic #: 2
[All CBSP Questions]

In which blockchain consensus algorithm does a user pay (give up coin forever) to participate in consensus?

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Suggested Answer: A

by Chara at Aug 08, 2024, 04:09 AM

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Penney
9 months ago
Nah, none of these sound right to me.
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Janey
10 months ago
Yeah, Proof of Burn is the one where you give up coins.
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Reed
10 months ago
Wait, you really lose coins forever in Proof of Burn?
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Shay
10 months ago
I thought it was Proof of Stake?
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Chery
10 months ago
It's definitely Proof of Burn!
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Mirta
10 months ago
I feel like I saw a question about this before, and it was definitely Proof of Burn. I hope I'm right!
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Delfina
11 months ago
Proof of Work requires computational power, not coin sacrifice, right? So it must be something else.
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Timothy
11 months ago
I remember something about Proof of Stake, but I don't think you give up coins forever in that one.
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Cyril
11 months ago
I think it's Proof of Burn, but I'm not entirely sure. It sounds familiar from our study sessions.
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Yvonne
11 months ago
I'm feeling confident about this one. Proof of Burn is the consensus mechanism where users have to permanently give up their coins in order to participate. The other options don't fit that description.
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Olga
11 months ago
Okay, let me think this through. Proof of Work is mining-based, Proof of Stake is about staking coins, and Proof of Activity is a hybrid. That leaves Proof of Burn as the one where users permanently destroy coins. I'll go with that.
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Lashandra
11 months ago
Hmm, I'm a bit confused on the differences between these consensus algorithms. I'll need to review my notes to make sure I understand which one involves permanently giving up coins.
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Annamae
11 months ago
I'm pretty sure the answer is Proof of Burn, where users permanently destroy their coins to participate in consensus.
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Vesta
11 months ago
I'm not entirely sure about this, but I think Proof of Burn is the right answer here. I'll go with that, but I'll double-check my understanding later just to be safe.
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Monte
11 months ago
Okay, let me think this through step-by-step. I know Debug is a feature in the Pattern Designer, so the requirement must be related to that tool. I'll eliminate the options that don't seem relevant.
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Laurena
2 years ago
I'm not sure, but I think D) Proof of Activity also involves users giving up coins to participate.
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Timothy
2 years ago
Proof of Burn sounds like a cryptocurrency version of a Viking funeral. I'm in!
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Marvel
2 years ago
Mariann: That's a good point, different algorithms have different ways of incentivizing participation.
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Johanna
2 years ago
I think I'd rather go with Proof of Stake, where you stake your coins to validate transactions.
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Mariann
2 years ago
Yeah, it's an interesting concept where users give up coins to participate in consensus.
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Mitsue
2 years ago
Proof of Burn does sound pretty cool, like a Viking funeral for coins.
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Dorethea
2 years ago
A, Proof of Burn. Gotta love the idea of burning your coins to prove your dedication.
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Wade
2 years ago
I disagree, I believe it's C) Proof of Stake because users stake their coins to participate.
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Maile
2 years ago
Proof of Burn, huh? Guess they really want to make sure you're committed to the cause!
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Rocco
2 years ago
C) Proof of Stake
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Lilli
2 years ago
A) Proof of Burn
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Britt
2 years ago
I think the answer is A) Proof of Burn.
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