Use this quick start guide to collect all the information about CryptoConsortium Ethereum Professional (CEP) Certification exam. This study guide provides a list of objectives and resources that will help you prepare for items on the CEP C4 Certified Ethereum Professional exam. The Sample Questions will help you identify the type and difficulty level of the questions and the Practice Exams will make you familiar with the format and environment of an exam. You should refer this guide carefully before attempting your actual CryptoConsortium C4 CEP certification exam.
The CryptoConsortium Ethereum Professional certification is mainly targeted to those candidates who want to build their career in CryptoCurrency domain. The CryptoCurrency Certification Consortium Certified Ethereum Professional (CEP) exam verifies that the candidate possesses the fundamental knowledge and proven skills in the area of CryptoConsortium C4 CEP.
CryptoConsortium Ethereum Professional Exam Summary:
|CryptoCurrency Certification Consortium Certified Ethereum Professional (CEP)
|Number of Questions
|CryptoConsortium Ethereum Professional Sample Questions
|CryptoConsortium CEP Certification Practice Exam
CryptoConsortium CEP Exam Syllabus Topics:
History of Ethereum and Ledger-based Economics
|Functions of Currency
|- Distinguish between functions of currencies such as unit of account, store of value, and medium of exchange. Understand how the properties of money relate to these functions.
|- Understand what a centralized ledger is and how money has been organized on centralized ledgers in the modern digital economy.
|- Know what “distributed consensus” means and explain what makes Ethereum’s ledger different from centralized ledgers. Understand the history of The DAO and Ethereum’s forks.
|- Define what it means to have a decentralized Turing-complete virtual machine. Explain how it is different from the Bitcoin protocol. Know the benefits and practical limitations of Ethereum’s approach to decentralized computing.
|Terms and Definitions
|- Define and accurately use basic cryptographic terms such as cryptography, encryption algorithm, decryption algorithm, symmetric vs. asymmetric encryption, cipher vs. plain text.
|- Understand the principles of asymmetric cryptography and the impact it has on key exchange, digital signatures, and transaction signing.
|- Understand the basic uses of digital signatures, and why they are used in Ethereum. Understand the relationship between digital signatures and asymmetric keys.
|- Explain the purpose of hash functions, how they are used in Ethereum, and how they help secure the Ethereum blockchain.
|- Understand how users, developers, stakers, businesses, and governments impact the Ethereum protocol. Explain what types of institutions are actively involved in promoting, maintaining, or lobbying in favor of Ethereum.
|Ethereum Addresses and Keys
|- Understand how Ethereum addresses and keys are generated. Explain the relationship between Ethereum account types (externally owned accounts vs. contracts), public keys, private keys, and smart contracts; distinguish between these and describe the primary use of each. In terms of addresses and keys, describe how funds are accessed and transferred on the Ethereum network.
|- Describe an Ethereum transaction and how it is irreversible. Understand the structure of transactions and basics of nonces, gas price, and gas limits.
|Ether the Unit
|- Know and understand the denominations of ether, the currency, and their relation to one another (e.g. wei, ether). Explain the difference between Ethereum and ether.
|Ethereum the Network
|- Understand how the network is connected and the importance of independent nodes. Explain common network attacks (such as DDoS) and how the network is secured from these types of attacks. Know the different test networks on Ethereum.
|Ethereum Improvement Proposals (EIPs)
|- Understand what an EIP is and explain the basic process of submitting, evaluating, and implementing an EIP. Understand the review process of Ethereum Improvement Proposals on Github. Know how BIP-32 and BIP-39 are used in Ethereum.
|Tokens and Standards
|- Explain how tokens standards are defined and implemented. Know the differences between fungible and non-fungible tokens.
|Price Derivation & Exchanging Ether
|- Understand how the price of ether is derived. Know the different ways users can buy and sell ether. Know about centralized and decentralized Ethereum exchanges. Understand the risks of using exchanges and identify best practices. Explain how storing funds on hardware wallets differs from storing funds on centralized exchanges.
|- Know what a blockchain explorer is and how they can be used to trace transactions.
|Purpose and Function
|- Explain the basics of distributed agreement. Explain how Ethereum’s blockchain functions as a state machine. Know how the state is stored, updated, and verified.
|- Understand the basics and the differences between consensus mechanisms, such as Proof of Work, Proof of Stake, and Proof of Authority.
|- Know why Proof of Stake is considered an improvement over Proof of Work, how Ethereum moved to Proof of Stake, and the difference between solo staking and staking pools.
|Security and Decentralization
|- Explain what a potential attacker can and cannot do with a large proportion of staked ether. Understand why it’s desirable to have staked ether spread between a multitude of validators, rather than concentrated amongst a relatively small amount of validators.. Know how merkle trees impact immutability and thus safety of the Ethereum blockchain. Have an understanding of how forks relate to consensus.
Smart Contracts and EVM
|Terms and Definitions
|- Understand the terms and vocabulary used in smart contracts and Ethereum, such as ERC, EVM, opcodes, nonce, etc.
|- Know what programming languages are used to develop smart contracts, such as Solidity, Vyper, and others. Understand what development tools are used to develop and test smart contracts.
|Smart Contracts Interactions
|- Understand (at a high, non-technical level) how to interact with smart contracts and the structure of smart contracts.
|- Know how to securely transact on the Ethereum network and securely interact with smart contracts. Understand the common vulnerabilities of smart contracts, such as re-entrancy and overflows.
|Decentralized Finance (DeFi)
|- Have a basic understanding of the benefits and challenges of DeFi and the various functions of these types of applications, including liquidity pools and decentralized exchanges.
Clients, Wallets, and Key Management
|- Describe the difference between light and full clients and what the most popular clients are in the network. Understand the relationship between updating nodes and network forks.
|- Understand what Ethereum wallets are and how they are used. Explain the differences between software, web, brain, hot/cold, paper, hardware, multisig, and HD wallets. Know about deterministic wallets (BIP32) and the advantages they have over “Just a Bunch of Keys” wallets. Know how the legitimacy of wallet software is determined.
|Imports, Exports, Backups, & Recovery
|- Describe the process of backing up private keys, mnemonics (BIP-39), and restoring them to the same or new wallets.
To ensure success in CryptoConsortium C4 CEP certification exam, we recommend authorized training course, practice test and hands-on experience to prepare for C4 Certified Ethereum Professional (CEP) exam.