🔒 Proof of Authority (PoA) Consensus Study
PoA is a consensus algorithm suitable for private blockchains where participants are known and trusted.
Why I chose PoA:
- Faster finality compared to PoW or PoS.
- Simplified validator model.
- Ideal for academic or enterprise networks.
My Implementation:
- Validators identified via digital certificates.
- Authority management handled via configuration and certificate exchange.
- Ensured simplicity and security without sacrificing decentralization principles for this academic context.