CBCP CBCP Blockchain Governance and Regulation

Question 1

Which type of blockchain governance model relies on token holders voting directly on protocol changes?

Accepted Answer

On-chain governance

Answer

Delegated governance

Answer

Off-chain governance

Answer

Consortium governance

Question 2

What is a DAO (Decentralized Autonomous Organization) primarily governed by?

Accepted Answer

Smart contracts and token-based voting

Answer

A centralized board of directors

Answer

Government regulations

Answer

A single founding team

Question 3

In blockchain governance, what is a 'hard fork' typically used to address?

Accepted Answer

Major protocol upgrades or fundamental rule changes

Answer

Minor software bugs

Answer

Transaction fee adjustments

Answer

Node synchronization issues

Question 4

Which US regulatory body has primary jurisdiction over cryptocurrency exchanges operating as securities platforms?

Accepted Answer

SEC

Answer

CFTC

Answer

FinCEN

Answer

OCC

Question 5

What is the primary purpose of AML (Anti-Money Laundering) requirements for blockchain businesses in the US?

Accepted Answer

To prevent illegal funds from being disguised as legitimate assets

Answer

To increase transaction speed

Answer

To reduce blockchain energy consumption

Answer

To standardize smart contract formats

Question 6

Which governance concept describes a blockchain network where changes require agreement from a defined subset of network participants?

Accepted Answer

Threshold governance

Answer

Proof of Authority

Answer

Multisig governance

Answer

BFT-based governance