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  3. Proof of authority - Wikipedia
Proof of authority - Wikipedia
From Wikipedia, the free encyclopedia

Proof of authority (PoA) is a category of consensus protocols used with blockchains based on reputation and identity as a stake that delivers comparatively fast and efficient transactions (compared to proof-of-work and proof-of-stake).[1][2] The most notable platforms using PoA are VeChain,[3] Bitgert,[4] Palm Network[5] and Xodex.

Description

Proof-of-authority is a category of consensus protocols for networks and blockchains where transactions and blocks are built and validated by approved entities known as validators. Their permissions are often granted through a centralized authority, but they can also be granted through a council or decentralized organization. The term "proof-of-authority" was coined by Gavin Wood, co-founder of Ethereum and Parity Technologies.[6]

With PoA, validators are incentivized to maintain good behavior and honesty when validating blocks to avoid developing a negative reputation. PoA can have higher security than PoW and even PoS due to validators wanting to avoid damaging their reputation. Because PoA is permissioned, it is not fully trustless. Validators without good reputation may risk having their validator permissions removed. PoA is generally more efficient than PoW and PoS because it operates with fewer nodes and validators, thus requiring fewer duplicated resources.[1][2]

References

  1. ^ a b Manolache, Manuel; Manolache, Sergiu; Tapus, Nicolae. "Decision Making using the Blockchain Proof of Authority Consensus". Procedia Computer Science. 199: 580–588. doi:10.1016/j.procs.2022.01.071. Retrieved 4 December 2025.
  2. ^ a b Balas, Valentina; Elngar, Ahmed (28 September 2022). Blockchain: Principles and Applications in IoT. CRC Press. pp. 29–30. ISBN 9781000686104. Retrieved 4 December 2025.
  3. ^ Hasan, Omar (2020). "Privacy Preserving Reputation Systems based on Blockchain and other Cryptographic Building Blocks: A Survey" (PDF). Archived (PDF) from the original on 2022-08-01. Retrieved 2024-05-24.
  4. ^ "Bitgert $BRISE "Burning" Everyday". 2022.
  5. ^ "About Us". Archived from the original on 2023-02-18. Retrieved 2024-05-24.
  6. ^ Gavin, Wood (November 2015). "PoA Private Chains". Github. Archived from the original on 2022-07-27. Retrieved 2018-01-03.
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