CBCP Cheat Sheet 2026

The 30 highest-yield CBCP facts, distilled from real exam questions. Print it, save it as a PDF, or study it here — free, no sign-up.

1. What is the main advantage of using elliptic curve cryptography over traditional encryption methods in the blockchain? → It provides strong security with shorter key lengths
2. In a DeFi liquidity pool, what do liquidity providers receive in exchange for depositing assets? → LP tokens representing their share of the pool
3. What do Ethereum uncle blocks consist of? → Valid blocks rejected by the network in Ethereum.
4. In the US, the CFTC primarily regulates cryptocurrencies that are classified as: → Commodities
5. How can data in a blockchain be protected? → By using asymmetric cryptography, consisting of a public and private key
6. When was the genesis block of Ethereum mined? → 2015
7. What is an illustration of cryptography being used in a blockchain? → Securing transfers of cryptocurrency between recipients
8. What does Ethereum's Ghost protocol entail? → None of the above.
9. How can blockchain technology support the preservation of IP? → It allows a user to record an event and establish the timeline.
10. What does the term 'mining' refer to in the context of the blockchain? → The process of adding new blocks to the blockchain
11. What is the basic building block of the blockchain? → Blocks
12. Which of the following best describes the principle of decentralization in blockchain technology? → Control and decision-making are distributed across a peer-to-peer network of participants.
13. What is the primary function of a utility token in a blockchain ecosystem? → To grant holders access to a specific product, service, or platform feature
14. What is the main purpose of using cryptographic algorithms in the blockchain? → Ensuring secure data transmission and storage
15. In Hyperledger Fabric's transaction lifecycle, what is the specific role of an 'endorsing peer'? → To execute a chaincode transaction proposal, sign the result, and return it to the client.
16. Which letters are used the most frequently in the English language? → e,t
17. The remaining is equal to (11001001) divided by (100111). → 110
18. Who did not create Ethereum? → Satoshi Nakamoto
19. What is a DAO (Decentralized Autonomous Organization) primarily governed by? → Smart contracts and token-based voting
20. Which cryptographic algorithm is specifically used during the process of mining in the blockchain? → Hash Functions
21. There are now four different kinds of blockchain networks. These are _______ . → All of the Above
22. What is asset tokenization in the context of blockchain technology? → Converting ownership rights to assets into blockchain-based digital tokens
23. How long does it take to mine a block of Ethereum? → 0
24. The estimated calculations needed to break a six-character password using the 26-letter alphabet are as follows: → 308915776
25. What does KYC (Know Your Customer) compliance require blockchain businesses to collect? → Verified identity information such as government-issued ID
26. Which US regulatory body has primary jurisdiction over cryptocurrency exchanges operating as securities platforms? → SEC
27. What best describes yield farming in DeFi? → Strategically moving assets across DeFi protocols to maximize returns
28. The C =(p+3) mod 26 Caesar Cipher is used to encrypt. A case in point is the Caesar Cipher. → Mono-alphabetic Cipher
29. Which year saw the development of blockchain technology? → 2008
30. In the context of Ethereum, what is gas? → The required cost to perform a transaction on the network.