POA

POA

POA Network
$0.024519
-6.48%
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
255,070,645220,167,2902017-12-15$0.072400Proof of Authority1
poaexplorer.com
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
220,167,290-https://github.com/poanetworkhttps://poa.networkCOIN

POA Network is an open Ethereum sidechain with Proof of Authority (PoA) consensus, reached by independent validators. It's a public network for smart contracts that combines speed, security, and cost efficiency. POA Core Network consists of the PoA-based protocol, the validators who seal the blocks according to the rules of this protocol, and the DApps that enable the network functionality. Core Network is an independent chain with its own native coin. At POA Network, we are making the case that consensus by individuals is a feasible business model for blockchains. A streamlined consensus algorithm that creates a trustless environment without an expensive setup, combined with a swarm of blockchains, connected to each other to transfer value, can establish a foundation for faster and cheaper smart contracts.

  • The Latest Rating
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ICObench
3.0

poa-network - Consensus by respectable individuals

2018-10-18
Oracles Network is the first Ethereum-based public network with Proof of Authority consensus, reached by independent validators. Oracles Network makes smart contract platform cheaper and faster than POW predecessors.
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TokenInsight
2.5

POA Network | Rating: B | Outlook: Stable | Risk: Medium

2018-08-31
POA Network is the first Ethereum-based public network with a Proof of Authority consensus algorithm. POA is the token generated based on its POA Network. Compared to Ethereum, running smart contracts on a POA Network is cheaper and more technologically friendly. Due to the Proof of Authority consensus, there is a risk of collusion from its pool of designated validators.