CryptoConsortium Bitcoin Professional (CBP) Certification Sample Questions

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CryptoConsortium CBP Sample Questions:

01. Which route to obtaining bitcoin does not let a person decide in advance how much they will receive?

a) Mining, where the reward depends on winning blocks

b) Buying on an exchange, where the order sets it

c) Using a bitcoin ATM, where the cash sets it

d) Trading peer to peer, where both sides agree it

02. How do the Bitcoin whitepaper and the genesis block relate?

a) The genesis block started the chain, and the whitepaper explained it afterwards.

b) The whitepaper set out the design in 2008; the chain started in January 2009.

c) Both were released together as one publication, describing and starting the chain at once.

d) The genesis block replaced an earlier chain the whitepaper launched in 2008.

03. Two people who have never met want to exchange messages protected by symmetric encryption. What is the hard problem they face first?

a) Getting the one shared secret key to each other without anyone else obtaining it.

b) Agreeing which of the available encryption algorithms both of their programs will run.

c) Producing a separate key pair each before any message can be enciphered at all.

d) Keeping the encryption algorithm itself secret from everyone outside the pair.

04. A small business wants to confirm customer payments without depending on an outside service to tell it what is true. Which setup meets that requirement?

a) Running a lightweight wallet connected to several well-known peers.

b) Checking each incoming payment on a popular and public explorer.

c) Running a full node that downloads and validates the chain for itself.

d) Holding the business funds in an account at a custodial exchange.

05. Why can a purely digital token be spent twice unless something keeps a shared record?

a) A digital payment moves faster than a record can be written, so one slips through.

b) A digital file copies perfectly, so the same token can be sent to two people.

c) A digital token has no owner at all, so nothing marks it as already spent.

d) A digital token can be split without limit, so it never runs out.

06. Shopkeepers hold each banknote up to the light and check its watermark before accepting it. Which property of money is that check protecting?

a) Durability

b) Unforgeability

c) Fungibility

d) Scarcity

07. What does Bitcoin use in place of a trusted third party to decide which transaction history counts?

a) A vote among users in which each account on the network counts once.

b) The timestamp recorded on whichever transaction was broadcast to the network first.

c) The rule that nodes follow the chain carrying the most cumulative proof-of-work.

d) Approval from the developers who maintain the most widely used software.

08. A shop treats any twenty-dollar note as equal to any other, without caring which particular one a customer hands over. Which property of money does this show?

a) Divisibility

b) Durability

c) Universality

d) Fungibility

09. The space in each block is limited. When a miner selects transactions from the mempool, which does it generally take first?

a) Those paying the highest fee per unit of size.

b) Those paying the largest total fee regardless of size.

c) Those that have waited in the mempool the longest.

d) Those that move the largest amount of bitcoin.

10. An analyst takes a memo, runs it through an encryption algorithm with a key, and gets back an unreadable file. In that description, what is the memo?

a) The cipher text

b) The encryption key

c) The plain text

d) The decryption algorithm

Answers:

Question: 01 Answer: a	Question: 02 Answer: b	Question: 03 Answer: a	Question: 04 Answer: c	Question: 05 Answer: b
Question: 06 Answer: b	Question: 07 Answer: c	Question: 08 Answer: d	Question: 09 Answer: a	Question: 10 Answer: c

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