Unveil details about the CBP exam topics and questions. Become familiar with the proven practice tests, study guide materials, and sample questions. It will help to make your CryptoCurrency Certification Consortium Certified Bitcoin Professional (CBP) certification journey easy.
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CryptoConsortium CBP Exam Summary:-
- Name of the Exam: CryptoCurrency Certification Consortium Certified Bitcoin Professional (CBP)
- Exam Code: CBP
- Exam Price: $99 (USD)
- Duration: 20 mins
- Number of Questions: 75
- Passing Score: 70%
CryptoConsortium CBP Exam Topics:-
01. History of Money and Ledger-based Economics
02. Basic Cryptography
03. Bitcoin Basics
04. Mining
05. Wallets, Clients and Key Management
06. Bitcoin Commerce
Improve Your Knowledge-Base:
Get access to some of the sample CBP practice test questions to boost your knowledge base. Preparation is a steady process for some time, and you must always try to keep improving via learning. Access the questions from anywhere and from any device. The easy access to the questions would help you to get better with the CBP exam topics. You can solve these questions easily or learn new things from them.
Here Are Some Useful Questions:
Question: 01
Why do Bitcoin addresses use an alphabet of only 58 characters instead of the full 62?
a) To avoid people mistaking the numeral 1 for the lowercase I, and the capital O from the numeral 0.
b) To ensure that the bytes perfectly align.
c) To save space.
d) To provide increase privacy against google searches.
Answer: a
Question: 02
Which statement is NOT true regarding merchants who accept Bitcoin for goods and services?
a) Merchants can use Bitcoin payment processors to receive any fraction of their local currency and/or bitcoin.
b) Merchants must update price tags on their products and services daily to account for fluctuations in the price of bitcoin.
c) Merchants can accept bitcoin without using any 3rd parties if they choose to manage their bitcoin themselves.
d) Merchants can save a lot of processing fees that would otherwise be given to 3rd party payment processors.
Answer: b
Question: 03
In a hard fork, the following CANNOT be changed:
a) Anyone is allowed to join the Bitcoin network
b) Proof of work algorithm
c) 21,000,000 bitcoins limit
d) Anything can be changed in a hard fork
Answer: d
Question: 04
Each bitcoin block can contain a maximum data size of:
a) 80 Bytes
b) 100 MB
c) 10 MB
d) 1MB
Answer: d
Question: 05
On average, how many Bitcoins were created every 10 minutes in 2010?
a) 10
b) 12.5
c) 25
d) 50
Answer: d
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