EAD Chain
EAD Chain
  • Welcome to EAD Ecosystem
  • Overview
    • How does the EAD Chain work?
    • Why will the EAD Chain be fundamental in the future of online education?
    • What will be the use of the EAD Chain in Online Education?
    • Consensus Mechanism: Eco-Friendly POA Consensus
    • What are the advantages of EAD Chain in online education for students?
    • What are the advantages of EAD Chain in education for institutions, teachers and online platforms?
    • Advantages of using the $EAD Native Cryptocurrency for Buying and Selling Online Courses
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  1. Overview

Consensus Mechanism: Eco-Friendly POA Consensus

The EAD Chain utilizes the Proof of Authority (POA) consensus mechanism, which is a unique approach to validating transactions on a blockchain network. Unlike other consensus mechanisms such as Proof of Work or Proof of Stake, POA relies on a select group of trusted nodes (validators) to validate transactions and create new blocks.This results in faster transaction processing times and lower fees compared to other consensus mechanisms.

In the context of blockchain, the POA consensus mechanism can be applied to ensure reliable and efficient transaction processing. By relying on a select group of trusted nodes (validators), the network can process transactions quickly and with minimal fees.

Furthermore, the energy efficiency of the POA consensus mechanism makes it an ideal choice for a blockchain developed for the online education segment, which may have unlimited resources and need to prioritize energy conservation and especially network security.

Our blockchain can reach a remarkable TPS of up to 100k and a block time of just 5 seconds.

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Last updated 1 year ago