Proof of Authority (PoA)

By: WEEX|2024/10/26 10:47:12

Proof of Authority (PoA) is a consensus mechanism where transactions and blocks are validated by approved or "authorized" validators. Unlike Proof of Work (PoW) or Proof of Stake (PoS), PoA relies on a small number of trusted validators who are known and verified, making it faster and more energy-efficient than other consensus mechanisms. However, PoA is less decentralized since it relies on a centralized group of validators, which can introduce trust issues. It is often used in private or consortium blockchains where decentralization is not a primary concern. Example: VeChain uses PoA to achieve high throughput and low-cost transactions for supply chain management solutions.

You may also like

How to Use Gemini for Real-Time Crypto Trading Signals: A Comprehensive Guide for 2025

How to Use Gemini for Real-Time Crypto Trading Signals: A Comprehensive Guide for 2025

Unlock real-time crypto trading signals with Google Gemini AI. This article explores how to leverage Gemini's power for market data, on-chain metrics, and sentiment analysis to supercharge your trading strategy. Learn to apply these AI insights on the WEEX platform for smarter, more efficient trading.

WEEX|2025/08/08 08:21:20
Nekogirl Joins WEEX with NEKOGIRL USDT Trading Pair

Nekogirl Joins WEEX with NEKOGIRL USDT Trading Pair

Nekogirl (NEKOGIRL) is now listed on WEEX Exchange. Trade the NEKOGIRL USDT pair and discover the on-chain anime icon with a mission to decentralize.

WEEX|2025/08/08 08:22:01
Ibiza Final Boss (BOSS) Launches on WEEX with BOSS USDT Pair

Ibiza Final Boss (BOSS) Launches on WEEX with BOSS USDT Pair

Ibiza Final Boss (BOSS) is now listed on WEEX Exchange. Trade the BOSS USDT pair and explore the viral memecoin inspired by Ibiza’s party culture.

WEEX|2025/08/08 07:53:54
BARKcoin Now Live on WEEX with BARKCOIN USDT Pair

BARKcoin Now Live on WEEX with BARKCOIN USDT Pair

BARKcoin (BARKCOIN) is now listed on WEEX Exchange. Start trading the BARKCOIN USDT pair and join the first meme token powered by Truth Social AI.

WEEX|2025/08/08 06:49:33
Fireverse (FIR) Debuts on WEEX with FIR USDT Spot Pair

Fireverse (FIR) Debuts on WEEX with FIR USDT Spot Pair

Fireverse (FIR) USDT trading pair is now listed on WEEX Exchange. Trade FIR on WEEX Spot and explore the AI-powered music creation platform.

WEEX|2025/08/08 05:44:24
Share
copy

Gainers

Community
iconiconiconiconiconiconicon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com