What Is Proof-of-Authority?
If you’re new to the world of cryptocurrency and blockchain technology, you’ve probably heard of terms like “proof-of-stake” (PoS) and “proof-of-work” (PoW). These are consensus mechanisms that underpin how transactions are validated in blockchain networks. However, there’s another player in the game that’s gaining attention for its energy efficiency and scalability – it’s called “proof-of-authority”…
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