Linux Foundation Exam HFCP Topic 1 Question 35 Discussion

Actual exam question for Linux Foundation's HFCP exam

Question #: 35
Topic #: 1

[All HFCP Questions]

Which of the following statements describes Chaincode correctly?

AChaincode is software for creating new blocks on the ledger.

BChaincode is software defining assets and transaction instructions for modifying the assets on the ledger.

CChaincode is a legally enforceable business contract between organizations.

DChaincode is a code of conduct to manage a blockchain consortium.

Show Suggested Answer

Suggested Answer: B

Chaincode in Hyperledger Fabric is essentially smart contract software that defines assets and the transaction instructions for modifying these assets on the ledger. Chaincode functions as the business logic layer of the network, where the rules for interacting with the ledger are specified. It is executed on the network peers and is used to encode the policies and constraints associated with asset exchanges or updates within the business network. This setup allows organizations to automate processes and enforce consistency and compliance across transactions.

by Lorrie at Jul 13, 2025, 03:27 PM

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17 days ago

Haha, C? Really? Chaincode is code, not a contract. B is the right answer, everyone knows that.

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Luisa

3 days ago

A) Chaincode is software for creating new blocks on the ledger.

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Chau

18 days ago

C, of course! Chaincode is a legally binding contract, duh!

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1 months ago

Definitely B. Chaincode is the core of a blockchain application, defining the assets and transactions.

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Chantell

8 days ago

Yes, Chaincode is essential for modifying assets in a blockchain application.

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Filiberto

9 days ago

I agree, Chaincode defines the assets and transactions on the ledger.

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Aileen

1 months ago

I think the answer is B.

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