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Blockchain Exam CBSA Topic 5 Question 39 Discussion

Actual exam question for Blockchain's CBSA exam
Question #: 39
Topic #: 5
[All CBSA Questions]

You have flown to NYC to have a discussion with a technical executive of a too big to fail bank. You are having a discussion about blockchain algos and the customer is asking what are some disadvantages of using a POW algo?

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Suggested Answer: A

Contribute your Thoughts:

Essie
4 days ago
Hmm, I think B and C are both good options. The fact that the only use case for the computational power is the blockchain itself is a major disadvantage of the POW algorithm.
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Paris
8 days ago
The correct answer is C. Large expenditures for computational power. Proof-of-Work (POW) algorithms require a significant amount of computational power, which can be quite costly for miners and the overall network.
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Casandra
20 days ago
E) 51% attack mitigation is an important factor to consider when discussing disadvantages of using a POW algo.
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Zona
21 days ago
C) Large expenditures for computational power can be a drawback for using a POW algo.
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Ming
25 days ago
A) Centralization of blockchain control is a major disadvantage of using a POW algo.
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