Blockchain Exam CBSA Topic 2 Question 69 Discussion

Actual exam question for Blockchain's CBSA exam

Question #: 69
Topic #: 2

[All CBSA Questions]

Which of the following cryptocurrencies use an alternate consensus method called "Scrypt" to BTC's Proof of Work (POW) SHA-256 algorithm?

ARipple

BPeercoin

CLitecoin

DSteemit

Show Suggested Answer

Suggested Answer: B

by Lajuana at Jul 06, 2024, 05:55 AM

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Peggy

1 months ago

Wait, Scrypt? Is that some kind of new cryptocurrency based on baked potatoes or something? I'm gonna go with Litecoin, just to be on the safe side.

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Edda

1 days ago

Litecoin is the right choice, it uses Scrypt as an alternate consensus method.

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Harrison

13 days ago

Yeah, Scrypt is a hashing algorithm used by some cryptocurrencies. Litecoin is the correct answer.

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Christiane

14 days ago

I think Scrypt is a type of algorithm, not a new cryptocurrency. I would go with Litecoin too.

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Linwood

1 months ago

Litecoin, baby! They're the Scrypt masters. Though if you ask me, they should really consider switching to something a little more energy-efficient. Just sayin'.

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Virgilio

3 days ago

I think Peercoin also uses an alternate consensus method, but not Scrypt.

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Jerry

11 days ago

Yeah, I agree. It's definitely something to consider for the future.

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William

12 days ago

Litecoin uses the Scrypt consensus method, it's more energy-efficient than BTC's POW.

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Cherry

2 months ago

Litecoin, no doubt. Scrypt is like their secret sauce. Though I have to admit, I'm more of a 'hodl' kind of guy than a mining enthusiast.

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Leonora

11 days ago

Litecoin's Scrypt algorithm does give it a unique edge in the crypto world. It's interesting to see how different cryptocurrencies use different consensus methods.

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Chantell

24 days ago

I prefer holding onto my coins too, rather than mining. It's a safer bet in the long run.

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Viva

1 months ago

I agree, Litecoin is known for using the Scrypt algorithm. It's definitely a popular choice among cryptocurrency enthusiasts.

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Felicitas

2 months ago

Oh, this is easy. Litecoin for sure. Those guys are all about that Scrypt magic. Gotta love their commitment to keeping the mining playing field a little more level.

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