Difference between revisions of "Proof of Authority (PoA)"
Jump to navigation
Jump to search
(Created page with "A consensus mechanism where validators are required to demonstrate possession of a certain amount or type of stake before being allowed into nodes on the network for verifying transactions; it's been implemented by various blockchain networks including POA Networks (based on Ethereum), and Oyster Pearl (based on IOTA Tangle): to name a few. == Sources: == https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary Categor...") |
(No difference)
|
Latest revision as of 13:34, 26 April 2022
A consensus mechanism where validators are required to demonstrate possession of a certain amount or type of stake before being allowed into nodes on the network for verifying transactions; it's been implemented by various blockchain networks including POA Networks (based on Ethereum), and Oyster Pearl (based on IOTA Tangle): to name a few.