Proof of authority (PoA) is a category of consensus protocols used with blockchains based on reputation and identity as a stake that delivers comparatively fast and efficient transactions (compared to proof-of-work and proof-of-stake). The most notable platforms using PoA are VeChain, Bitgert, Palm Network and Xodex.
Proof of authority (PoA) is a category of consensus protocols used with blockchains based on reputation and identity as a stake that delivers comparatively fast and efficient transactions (compared to proof-of-work and proof-of-stake). The most notable platforms using PoA are VeChain, Bitgert, Palm Network and Xodex.
Source: Wikipedia "Proof of authority" · CC BY-SA 4.0
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