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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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

describe financial applications of distributed ledger technology

CFA® 2024 Level I Curriculum, Volume 5, Module 7.