POA Network Prediction, POA Forecast and Price Charts – Is it a good time to buy POA Network? What is the POA Network price today?
POA Network Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
POA Network Price Prediction 2018
Ethereum-based public network with PoA consensus, which makes Smart Contract execution faster and cheaper. POA Network is designed as a general application blockchain. I.e., what can be done on Ethereum network, can also be done on POA Network.
History of POA Network (POA)
The project announced on Silicon Valley Ethereum Meetup in April 2017. First validators joined the waitlist. In May 2017 NotaryCoin renamed to Oracles Network. Igor won Consensus 2017 Hackathon with Ceremony DApp.The network launched on the testnet with 12 independent validators in August. Initial Ceremony and Governance DApps deployed in production. In September the first project started their token sales using POA Network Token Wizard, a tool for running a crowdsale on blockchain for non-developers.
How does POA Network (POA) work?
Proof of Authority (PoA) is an alternative consensus mechanism, which does not depend on the nodes solving arbitrarily difficult mathematical problems, but instead uses a set of “authorities” – nodes that are explicitly allowed to create new blocks and secure the blockchain.
Validators on POA Network are the known people who validate the blocks. Proof of Authority means that they stake their identity to secure the network. Their identity is subject to some verification requirements, including proof of address and no criminal record.
The Master of Ceremony is the initiator of a network. Using the Ceremony DApp, the Master of Ceremony creates 12 primary keys and distributes them to individual validators. Validators then replace primary keys with a new subset of keys. This opening ceremony launches the network.
How to buy POA Network (POA)?
The first step in the process is to create your Binance account. In Binance you buy Poa Network (POA) tokens only by using Ethereum or Bitcoin. Therefore, you will need to transfer some Ethereum or Bitcoin to you Binance wallet. In case, you do not have any Bitcoin on Ethereum; then you can buy some using fiat currency at Coinbase or your preferred exchange.
POA Network (POA) Price prediction 2018, 2019 and 2020
As POA officially begin Token sale on 17th November in which limited Supply are distributed to the user so right now POA gets listed on 28th May 2018 on coinmarketcap.com with 252,193,195 POA Maximum Supply and ranking below top 1000 cryptocurrency and opens trading with $0.53 average Price. It will be a profitable investment. POA price today is $0.341156 and the market cap value is $60,289,962. The volume is marked as $4,872,950, and the current supply is 176,722,560 POA. POA history, POA wallets, POA where to buy, how to buy POA, POA price today.