freelandies2
10 days ago  Karma: 1766
what's the POA consensus ?

what's the POA consensus ?

en
consensus
freelandies2
10 days ago  Karma: 1766
what's the POA consensus ?

what's the POA consensus ?

en
consensus

3 ANSWERS
luke2
10 days ago Karma: 1285

Pretty easily to visualize this. PoA is like a dictatorship, the guy/gal in charge picks a bunch of ministers. Super efficient as there is no decision overhead here, downside is it's basically centralized and the emperor has to trust his ministers.

dPoS is like a democracy, people elected officials who should act in the best interest of the voters (not necessarily true). There's is more overhead here but because one person is not picking everyone, it's more decentralized and you are more able to trust that collectively they'll behave in their best interest.

There's plenty of content on PoS and PoW so I won't talk about it here.

Pretty easily to visualize this. PoA is like a dictatorship, the guy/gal in charge picks a bunch of ministers. Super efficient as there is no decision overhead here, downside is it's basically centralized and the emperor has to trust his ministers.

dPoS is like a democracy, people elected officials who should act in the best interest of the voters (not necessarily true). There's is more overhead here but because one person is not picking everyone, it's more decentralized and you are more able to trust that collectively they'll behave in their best interest.

There's plenty of content on PoS and PoW so I won't talk about it here.

clam0
10 days ago Karma: 2602

proof of authority is like dpos but all nodes put thier addreses in a validator smart contract that everyone can see its basically dpos you can trust a bit more than normal dpos. I still think loom's dpos sidechain solution beats both though.

proof of authority is like dpos but all nodes put thier addreses in a validator smart contract that everyone can see its basically dpos you can trust a bit more than normal dpos. I still think loom's dpos sidechain solution beats both though.

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