Proof-of-Authority (PoA)
Definition of what Proof-of-Authority (PoA) stands for (in finance):
A consensus algorithm where a limited number of trusted validators verify transactions instead of using mining.
More Term Definitions
- Colored Coins Definition
- Initial Public Offering (IPO) Definition
- Special Purpose Acquisition Company (SPAC) Definition
- Public Blockchain Definition
- Federal Financial Supervisory Authority (BaFin) Definition
