Proof-of-Authority (PoA)

Di CoinGecko | Aggiornato il Mar 03, 2020
On a technical layer, Proof of Authority performs block validation in a similar heuristic manner as Proof of Stake. However, whereas Proof of Stake assigns a validator's queue and importance based the amount of tokens staked by a validator, a Proof of Authority validator's queue arbitrarily predetermined based on their identity and repupation. This method of block validation addresses the issue of speed and scalability with the drawback of higher centralization as opposed to Proof of Stake or Proof of Work.

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Termini correlati

Hashrate
Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
Staking
The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network.
Circulating supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
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