CBC CBC Implementation & Project Management 3

Question 1

Which document formally captures agreed-upon service levels, uptime requirements, and incident response times for a production blockchain network?

Accepted Answer

Service Level Agreement (SLA)

Answer

Smart contract audit report

Answer

Tokenomics whitepaper

Answer

Genesis block configuration

Question 2

What is the 'minimum viable ecosystem' (MVE) concept in blockchain project planning?

Accepted Answer

The minimum number of participants and use cases needed to make a blockchain network self-sustaining and valuable

Answer

The smallest possible smart contract codebase

Answer

The cheapest cloud infrastructure that supports a blockchain node

Answer

The first version of the blockchain explorer

Question 3

A blockchain consultant recommends using 'off-chain computation with on-chain verification.' What problem does this pattern solve?

Accepted Answer

Lowers on-chain gas costs and latency by performing heavy computation off-chain while proving results on-chain

Answer

Reduces the number of wallet addresses needed

Answer

Eliminates the need for smart contracts entirely

Answer

Allows the blockchain to process SQL queries

Question 4

During post-deployment monitoring of a blockchain system, which metric is the best early indicator of network health degradation?

Accepted Answer

Average transaction finality time increasing beyond baseline

Answer

Total number of wallets created

Answer

Smart contract code coverage percentage

Answer

Number of new tokens minted

Question 5

What is the role of a 'blockchain center of excellence (CoE)' within an enterprise implementing blockchain solutions?

Accepted Answer

To centralize blockchain expertise, set standards, and support cross-departmental blockchain initiatives

Answer

To replace the existing IT department

Answer

To mine cryptocurrency for internal use

Answer

To audit smart contracts for third-party clients only

Question 6

When a blockchain implementation project faces scope creep, what is the most effective mitigation strategy?

Accepted Answer

Enforce a formal change control process that evaluates impact before approving additions

Answer

Immediately pause the project until scope is fully defined forever

Answer

Assign more developers to absorb additional features

Answer

Switch to a different blockchain platform