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BNB
$1,174.79
0.91%
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XRP
$2.4457
1.95%
SOL logo
SOL
$195.84
3.42%
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USDC
$0.9999
0.01%
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TRX
$0.3230
1.50%
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ADA
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HBAR
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BTC logo
BTC
$111,374.63
0.51%
ETH logo
ETH
$4,046.97
1.36%
USDT logo
USDT
$1.0004
0.05%
BNB logo
BNB
$1,174.79
0.91%
XRP logo
XRP
$2.4457
1.95%
SOL logo
SOL
$195.84
3.42%
USDC logo
USDC
$0.9999
0.01%
TRX logo
TRX
$0.3230
1.50%
DOGE logo
DOGE
$0.1991
1.55%
ADA logo
ADA
$0.6784
1.85%
HYPE logo
HYPE
$38.72
4.17%
LINK logo
LINK
$18.40
1.66%
USDE logo
USDE
$1.0000
0.05%
XLM logo
XLM
$0.3277
1.81%
BCH logo
BCH
$525.46
1.28%
SUI logo
SUI
$2.7106
3.48%
AVAX logo
AVAX
$22.17
1.88%
WBT logo
WBT
$42.22
0.40%
LEO logo
LEO
$9.6337
0.02%
HBAR logo
HBAR
$0.1821
2.92%
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What Is Proof-of-Authority?

It's a consensus system that allows only authorized entities to validate transactions in a blockchain network.

By Mike Antolin
Updated Apr 10, 2024, 2:38 a.m. Published Jun 2, 2022, 4:37 p.m.
The proof-of-authority method to validate transactions on a blockchain is one of the newer mechanisms in blockchain technology. (Unsplash modified by CoinDesk)
The proof-of-authority method to validate transactions on a blockchain is one of the newer mechanisms in blockchain technology. (Unsplash modified by CoinDesk)