Proof-of-authority

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf Consensus algorithm
gptkbp:alternativeTo gptkb:Proof-of-stake
Proof-of-work
gptkbp:feature Low energy consumption
High transaction throughput
No mining required
Validators are pre-approved
https://www.w3.org/2000/01/rdf-schema#label Proof-of-authority
gptkbp:introducedIn 2017
gptkbp:limitation Centralization risk
Requires trust in validators
gptkbp:proposedBy gptkb:Gavin_Wood
gptkbp:requires Trusted validators
gptkbp:usedBy gptkb:VeChain
gptkb:Ethereum_Kovan_testnet
gptkbp:usedFor Private blockchains
Consortium blockchains
gptkbp:usedIn gptkb:Blockchain
gptkbp:bfsParent gptkb:Proof-of-work_algorithm
gptkbp:bfsLayer 8