Blockchain Exam CBSA Topic 7 Question 86 Discussion

Actual exam question for Blockchain's CBSA exam

Question #: 86
Topic #: 7

[All CBSA Questions]

If a company desires to create a unique cryptocurrency and launch a new blockchain network to host it.

AThey must use ERC20 standard for the token, clone the Ethereum Virtual Machine, then launch a series of nodes

BThey must use ERC20 standard for the token and can use any open source blockchain tool/system to launch a series of nodes

CThey can both create their own cryptocurrency and launch their own blockchain network with any common open source blockchain tool/system

DNone of the above

Show Suggested Answer

Suggested Answer: C

by Doyle at Mar 23, 2025, 06:59 PM

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2 days ago

I disagree, I believe the answer is C, as companies can create their own cryptocurrency and blockchain network.

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12 days ago

I don't know, Option B seems like the easiest way to get up and running quickly without all the hassle.

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14 days ago

I think the answer is A, because ERC20 is a widely used standard for tokens.

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16 days ago

Option C is the way to go! They can build their own thing from scratch and have full control over it.

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1 hours ago

That's true! It gives them the flexibility to customize their cryptocurrency and blockchain network.

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6 days ago

Option C is the way to go! They can build their own thing from scratch and have full control over it.

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