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
- Clearing And Settlement Mechanism (CSM) Definition
- Gentleman Agreement Definition
- Headend Definition
- Bank Identification Number (BIN) Definition
- Altcoin Definition
