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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on POA by Pedro O. Alvino M.

Revainrating 5 out of 5

Autonomous network of trusted validators.

Constituted as a decentralized project monitored by validating notaries on the network, who are in charge of monitoring both the nodes and the governance systems in the project, these validators have public identity information on the network that can be seen by any user with the in order to provide a more transparent and decentralized ecosystem.
Made up of smart contracts and nodes that are responsible for confirming transactions in accurate time no more than 5 minutes, it is made for the development of decentralized applications so there is an ecosystem of Dapps in which they can connect with the PAO network and create a bridge for the transfer of tokens all this thanks to the TokenBridge functionality.
Its development based on the Ethereum network, is made for the decentralized application ecosystem, but the large number of projects and even in the Ethereum network are abundant, but in terms of transfer speed and scalability, the POA network is one of the most suitable for this type of case, in addition to adding other additional services that are characterized by the commercial use of the token as a means of payment.



Pros
  • It has a network architecture made up of network validators with their public information on the chain.
  • It has a vast ecosystem of decentralized applications and tools for their development.
  • Provides high network performance that allows a bridge between tokens from games and the POA network.
  • Offers an ecosystem of local currency with blockchain technology for a better business environment.
  • Your network environment supports multiple DeFi platforms.
Cons
  • Participation in the POA network may be limited to only participants from the US.
  • Its design and service structure can be difficult to understand for users with little experience.
  • Very little commercial development of the POA token in the market.