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Category: PoA

  • Proof of Authority (PoA)

    Proof of Authority (PoA)

    Proof of Authority (PoA) is a consensus algorithm that utilizes a set of approved nodes to verify transactions. This method is often used for private blockchains and corporate consortia. Compared to Proof of Work (PoW), PoA is more straightforward and faster, better suited for commercial applications. This article will explore the basics of Proof of […]