Start learning →

Which two consensus mechanisms are named for blockchains?

AProof of work and proof of stake
BProof of ledger and proof of sale
CProof of tax and proof of title
DProof of audit and proof of cost
Answer & Solution
Correct answer: A. Proof of work and proof of stake
The consensus layer of a blockchain commonly uses proof of work or proof of stake to validate new blocks.
Practise this question with Quill — CA Final →

Keep practising Accounting and Technology: RPA, Cloud, ERP, Cybersecurity, Blockchain and AI

Browse all Accounting and Technology: RPA, Cloud, ERP, Cybersecurity, Blockchain and AI questions for CA Final, or explore more Financialreporting topics.

Start a Accounting and Technology: RPA, Cloud, ERP, Cybersecurity, Blockchain and AI lesson →
Related questions