Cryptocurrency Q&A What is the PoA network?

What is the PoA network?

Raffaele Raffaele Tue Nov 05 2024 | 7 answers 1540
I'm trying to understand the concept of PoA network. Could someone explain what it is and how it works in simple terms? I'm particularly interested in its role in the blockchain technology and any unique features it might have. What is the PoA network?

7 answers

Stefano Stefano Thu Nov 07 2024
The network is designed to cater to smart contracts.

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Lorenzo Lorenzo Thu Nov 07 2024
It offers a blend of speed, ensuring swift transactions.

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Lucia Lucia Thu Nov 07 2024
POA Network stands as a pioneering Ethereum-based public network.

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Stefano Stefano Thu Nov 07 2024
It utilizes the Proof of Authority consensus mechanism.

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Michele Michele Thu Nov 07 2024
Security is paramount, safeguarding contract integrity.

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