Proof of Authority (PoA)

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:algorithm
gptkbp:advantage scalability
fast block times
centralization risk
requires trust in validators
gptkbp:category Byzantine Fault Tolerance
gptkbp:contrastsWith gptkb:Proof_of_Stake_(PoS)
gptkb:Proof_of_Work_(PoW)
gptkbp:feature low energy consumption
validators are pre-approved
high transaction throughput
https://www.w3.org/2000/01/rdf-schema#label Proof of Authority (PoA)
gptkbp:introducedIn 2017
gptkbp:proposedBy gptkb:Gavin_Wood
gptkbp:relatedTo permissioned blockchain
enterprise blockchain
gptkbp:requires trusted validators
gptkbp:usedBy gptkb:VeChain
gptkb:POA_Network
gptkb:Ethereum_Kovan_testnet
gptkbp:usedIn gptkb:cryptocurrency
gptkbp:bfsParent gptkb:VeChain_ecosystem
gptkbp:bfsLayer 7