poa-network logo download PNG or SVG

Information about poa-network

POA Network is a blockchain platform and cryptocurrency that aims to provide an open, public network for smart contracts. It is built on the Ethereum protocol and is designed to offer a scalable and secure infrastructure for decentralized applications (DApps) and various blockchain use cases.

POA Network utilizes a unique consensus mechanism called Proof of Authority (PoA). Unlike Proof of Work (PoW) or Proof of Stake (PoS), where mining or staking is required to validate transactions, PoA relies on a set of trusted validators who are authorized to produce blocks. These validators are known entities, usually individuals or organizations, that have a proven reputation and adhere to certain rules to maintain the network's security and integrity.

By utilizing PoA consensus, POA Network achieves faster block validation times and higher throughput compared to other consensus mechanisms. This makes it suitable for applications that require rapid transaction finality, such as decentralized exchanges, supply chain systems, and gaming platforms.

The native cryptocurrency of POA Network is called POA. It serves as the utility token within the network, used for transaction fees, staking, and participating in the governance of the network. POA tokens can be staked by validators to secure the network and participate in block production.

For those who want to download the Poa-Network logo, we have compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin, Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including the Poa-Network logo.