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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on POA by Robiul Islam

Revainrating 5 out of 5

POA will help you experience and create a first-class application on our platform.

It provides initiatives with the easy and effective way to issue tokens and manage crowd sales or ICOs. They simplified the KYC process, and provided trustworthy validity in any Blockchain Ecosystem using Proof of Agreement. The team is excited about what can be accomplished with Bridges, and have become increasingly optimistic about what the future will bring for the project.

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Pros
  • It can be used to resolution the scalability issues that Ethereum currently faces. With all ETH Dapps able to take benefit of this technology there are no Obstacles for developers which is a huge step toward adoption utilization.
  • The team is very experienced with members that have been a part of the cryptocurrency community for years also a advisory board member of the ETH Foundation. Many powerful team members are working for this project.
  • One of the most interesting implementations being developed by the project is the Bridge solution, which allows tokens to move between the Ethereum mainnet and other blockchains.
  • One of the marked use cases is in building online games that will be able to scale comprehensively while also receiving security protections from the Proof of Authority consensus. One of the benefits to gamers is the minimal transaction costs.
  • Token works with a large number of wallets since it is part of the Ethereum ecosystem. In addition to hardware wallets Trezor and Ledger, it is also supported by MetaMask and MyEtherWallet or MyCrypto.
Cons
  • Proof Of Authority while an interesting and very useful way of validation, is not safe from attacks/influence if there is a large enough reason for people to act maliciously.