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Basic Question 0 of 9
Miners compete to solve a computationally intensive mathematical puzzle, and the first miner to find a valid solution is rewarded with the right to add a new block to the blockchain. This is an example of ______ consensus protocols used in distributed systems.
B. Proof of Authority (PoA)
C. Proof of Work (PoW)
A. Proof of Stake (PoS)
B. Proof of Authority (PoA)
C. Proof of Work (PoW)
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Learning Outcome Statements
describe financial applications of distributed ledger technology
CFA® 2025 Level I Curriculum, Volume 5, Module 7.