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Basic Question 1 of 7

Two broad types of consensus protocols are:

I. proof of work (PoW)
II. proof of service (PoS)
III. proof of stake (PoS)
IV. proof of transaction (PoT)

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe financial applications of distributed ledger technology

CFA® 2025 Level I Curriculum, Volume 5, Module 7.