What is POA Network?
Being a sidechain of Ethereum protocol, POA Network is a public platform, which applies Proof-of-Authority as a consensus method. PoA is a kind of PoS, which is estimated as more extra effective and honest. This system intends to create inexpensive, simple and quicker processes in the work with smart contracts. The platform is also identified as the Oracles network. POA Network proposes a set of Dapps for governance, functioning, ID verification goals. The platform’s token is donated with the symbol POA. It’s accessible in 6 exchanges for various cryptocurrencies like BTC and ETH. The exchanges that accept POA include Bancor, Binance, Tidex and so on.