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
- Proof-of-Activity (PoA) Definition
- Forging Definition
- Acquiring Bank/Acquirer Definition
- Liquidity Definition
- Hold On For Dear Life (HODL) Definition
