Blockchain Exam CBSP 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?

AProof of Burn

BProof of Work

CProof of Stake

DProof of Activity

ENone of the above

Show Suggested Answer

Suggested Answer: A

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

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Laurena

8 months 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

8 months ago

Proof of Burn sounds like a cryptocurrency version of a Viking funeral. I'm in!

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Marvel

7 months ago

Mariann: That's a good point, different algorithms have different ways of incentivizing participation.

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Johanna

7 months ago

I think I'd rather go with Proof of Stake, where you stake your coins to validate transactions.

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Mariann

8 months ago

Yeah, it's an interesting concept where users give up coins to participate in consensus.

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Mitsue

8 months ago

Proof of Burn does sound pretty cool, like a Viking funeral for coins.

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Dorethea

8 months ago

A, Proof of Burn. Gotta love the idea of burning your coins to prove your dedication.

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Wade

8 months ago

I disagree, I believe it's C) Proof of Stake because users stake their coins to participate.

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Maile

8 months ago

Proof of Burn, huh? Guess they really want to make sure you're committed to the cause!

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Rocco

7 months ago

C) Proof of Stake

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Lilli

7 months ago

A) Proof of Burn

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Britt

8 months ago

I think the answer is A) Proof of Burn.

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