What is Proof of Authority & How it Actually Works (Animated)
Vložit
- čas přidán 9. 07. 2024
- The Proof of Authority is a consensus mechanism used by the VeChain blockchain. In this video, you will know what is the proof of authority and how it actually works, and finally we will talk about some advantages and limitations of proof of authority.
⌚ Timestamps:
00:00 Intro
03:15 What is Proof of Authority
04:55 How Proof of Authority Works
07:15 Advantages of Proof of Authority
08:15 Limitations of Proof of Authority
#️⃣ Tags:
#Proof_of_Authority #Cryptobie #Crypto
The way animation and its concise explanation is done together, it helps grabbing the complex concepts especially on this channel
Very informative video🎉
Excellent explanation, thank you!
great work
Superb thank you so much
👍
excellent content.
great video ❤❤
Not sure why this video got less viewers, everything is amazing though
Great video, thank you. I would like to setup a private Proof-of-Authority blockchain network as Vechain. Can you help how do it? Thank you
Nice explaination... Can I use part of the video to explain it in my channel using Indonesian language?
Feel free to do it!
Good job. I didn't understand one thing. If the PoA is centralized, is the network itself not distributed?
The network is still distributed, but here it is distributed among very small number of chosen validators. that is why it is centralized, compared to Proof of work for example
@@Cryptobie Thank you 😊
#SAFEMOON brought me here
Safemoon also brought me here lol. The last part about POA that it would be better for a company that is more focused on security and the speed of the blockchain has me more excited as an investor in Safemoon.