Blockchain technology has revolutionized various industries by introducing a decentralized and secure method of recording transactions. Alongside the well-known Proof of Work (PoW) and Proof of Stake (PoS) consensus models, the Proof of Authority (PoA) model has gained popularity in the realm of private blockchains. In this article, we will explore the definition, working principles, […]

Discover how Proof of Authority (PoA) ensures secure transactions in a blockchain network, relying on authorized entities to validate the transactions. Learn more about this consensus mechanism.