POA
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  • Welcome to POA
  • Features
    • Known Validators
    • POADAO Consensus
    • Bridged Native Token
    • On-Chain Randomness
  • Use Cases
    • Scalability for BlockChain Games
    • Community-Based Currencies
    • Subsidized Transactions
    • Decentralized Finance (DeFi)
  • DApp Spotlights
    • Ethernal.World
  • Roadmap
  • For users
    • POA Tokens
      • POA Merger & STAKE Swap
      • POA - STAKE FAQs
      • POA Token Supply
      • POA & POA20 Exchanges
      • POA & POA20 on Binance
      • FAQ: POA20 General Questions
    • POA Token Use Cases
      • Utility Token
      • Currency Token
      • Collateral Token
      • Bridged Token
      • Staking Token
      • Stable Token
    • POA to POA20 Bridge
    • Accept POA20 Payments
      • Account Registration & Login (Merchant Setup)
      • Setup Merchant Account
      • Merchant Payment Method Setup
      • Making a Payment with POA20 (Customer Perspective)
    • Tutorials
      • Trading POA20 on DEX.AG
      • POA20 Token Swaps on 1inch.exchange
      • Getting Airdrops via Discord
    • Governance
      • Article: A Successful Year of On-Chain Governance
      • Governance Reports
        • April 2020 Report
        • December 2019 Report
      • Ballot Type, Lifecycle & Limits
    • ❌Nifty Wallet (Discontinued)
      • Getting Started
      • Import and Interact with Smart Contracts
      • Connect to a Hardware Wallet (Ledger & Trezor)
      • Connect to D'CENT Biometric Wallet
      • Connect to Pocket Decentralized Network
    • 3rd Party Wallets
      • Trust Wallet
      • MetaMask
    • POA Mania
      • News - Updates
      • Rules
      • POA Mania FAQs
      • Deposit & Withdraw
      • Winner Selection
      • Round Details
      • POA Mania vs PoolTogether
      • POA Mania on Trust Wallet
      • POA Mania Security Audit
      • POA Mania on MetaMask Mobile
    • Whitepaper
      • POADAO v1
        • Introduction
        • Proof of Authority
        • POA Network Functionality
        • Decentralized apps (DApps)
          • Initial ceremony DApp
          • Proof of Physical Address (PoPA) DApp
          • Proof of Bank Account DApp
          • Proof of Social Network DApp
          • Proof of Phone Number DApp
          • Governance DApp
        • Summary & Acknowledgements
        • References
        • Appendix A: Code Samples
          • Ballots manager
          • Validators manager
          • Deployment scripts for the mining node
  • For developers
    • Developer Resources
    • Getting Tokens For Tests
      • ERC20 Test Token Faucet
      • Sokol Testnet Faucet
    • Full Node Setup
      • Install OpenEthereum Client
      • Install Nethermind Client
    • DApp Deployment
    • TheGraph Data Indexing
    • On-Chain Random Numbers
      • RNG explainer (AuRa + RandomAura Contract)
      • Accessing a Random Seed with a Smart Contract
      • Randomness FAQs
    • API & SQL Access
    • Smart Contract Dashboard
    • Grants for Building on POA
  • For validators
    • Getting Started
      • Validator Resources
      • Becoming a Validator
    • Bootnode Setup
      • AWS Bootnode Setup
        • Prerequisites
        • Configure AWS
        • Download and Configure Playbook
        • Deploy
      • Non-AWS Bootnode Setup & Deployment
        • Local/Remote Machine System Requirements
        • Node Preparation
        • Configure node with Deployment Playbook
    • Validator Node Setup
      • Nethermind Upgrade
      • AWS VM for Validator Node Deployment
        • MoC: Master of Ceremony Key Exchange & Generation
        • Current Validators Vote in New Validators
        • Validator Node Setup Prerequisites
        • Configuring AWS
        • Download and Configure Playbook
        • Deployment
        • Upgrade Instance to a Larger Instance Type
      • Non-AWS Validator Node Setup
        • Local & Remote Machine System Requirements
        • Remote Machine Setup
        • Configure Node using Deployment Playbook
      • NetStats Dashboard
    • Hard Forks
      • Parity Upgrade Guide
      • POA Core
        • 2021-11-02 | #24090200
        • 2021-05-24 | #21364900
        • 2020-03-31 | #14350721
        • 2019-12-19 | #12598600
        • 2019-04-29 | #8582254
        • 2018-01-29 | # 772000
        • 2018-10-22 | #5329160
        • POA Core spec.json hard-fork update
      • Sokol
        • 2021-05-24 | #21050600
        • 2020-02-20 | #13391641
        • 2019-12-05 | #12095200
        • 2019-02-06 | #7026400
        • 2019-01-04 | #6464300
        • 2018-09-19 | #4622420
        • 2018-01-18 | #509355
        • 2018-01-08 | #362296
        • Sokol spec.json hard-fork update
    • Validator DApps
      • Validators MetaData DApp
      • Adding or Removing a Validator
  • Media
    • Social Media
    • Media Kit
    • Contact Us
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On this page
  • Summary
  • POA DAO Participant Responsibilities
  • Eligibility Requirements for POA Core
  • Eligibility Requirements for Sokol Testnet
  • POA DAO Resources

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  1. Features

POADAO Consensus

POA consensus is unique in the public blockchain space. The POA DAO(Decentralized Autonomous Organization) is composed of US Notaries who secure the network and validate transactions.

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Last updated 5 years ago

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POA Network validators are a diverse and self-governed group of individuals. They have each been entrusted in a decentralized manner to promote network health, performance and security. Validators must monitor their own nodes and the ecosystem at large to maintain optimal performance.

For an overview of POADAO consensus, how it started, and how validator info is verified, see the section of the .

Summary

The POA DAO began with a trusted ceremony. The Master of Ceremonies distributed 12 keys to the initial 12 validators. These initial validators were all licensed US Public Notaries (this is a requirement for all POA Network validators). All validator information is public and available for cross-reference through the .

Since that initial ceremony, the validators have become a self-regulated decentralized autonomous organization (DAO) consisting of a variable number of participants. The POA network is wholly managed by these individuals without any company, corporate or government influence.

Validators participate in on-chain governance, where they propose ballots to add or remove members, update network parameters, or distribute emission funds. All proposals are brought to a vote, and a minimum required number of approval votes must be collected before any measure is passed.

.

Due to their public status, validators are incentivized to act in the best interests of the network. This is called proof of identity. .

The following quote comes from an .

In PoA, a validator is not required to hold a stake in the network. He or she is required, however, to have a known and verified identity. By staking this identity to secure the network in exchange for the block rewards, a validator is dis-incentivised to act maliciously or to collude with other validators. With on-chain governance in place, malicious actors can be removed and replaced. Existing legal anti-fraud guarantees are used to protect participants of the open network from malicious actions of validators.

POA DAO Participant Responsibilities

A Validator has both technical and social responsibilities both of which are important for the health, performance and security of the network.

Technical Responsibilities:

  • Ensure node is secure by practicing safe key management

  • Maintain node requisite software version

  • Monitor node to ensure its availability and participation in consensus

  • Monitor network in general and communicate with other validators and network entities if problems arise.

Social (DAO) Responsibilities:

  • Participate in on-chain Governance of the network. Governance is a collection of DApps where ballots are proposed and voted on by existing Validators to manage the network.

  • The Ballot types include:

    • Adding new Validators

    • Removing Validators, i.e. for compromising security of network, malicious behavior, non-participation in Governance

    • Updating/swapping of one of more Validator keys

    • Changing the Approve Ballot Threshold

    • Changing Consensus Proxy Contract

    • Participate in POA Network Community Forum

Eligibility Requirements for POA Core

  • United States notary with a valid license

  • Actively participated in on-chain Governance on testnet

Eligibility Requirements for Sokol Testnet

  • US notary with a valid license (preferred but not hard requirement )

POA DAO Resources

  • Public Validator DApps (change networks to see other validators for different POA based networks such as Sokol, Kovan and xDai)

  • Articles

New Validator applicants eligible - .

POA Network Functionality
POADAO v1 Whitepaper
Validators DApp
The Voting DApp shows current and historical votes
See this article for more on proof of identity
article released when the network was initially launched
Write a post about yourself in Validators Intro section of forum with links
see the forum for more information
POADAO v1 Whitepaper
Current Validator List
Voting Record
Introducing POA Network
Proof of Authority: consensus model with Identity at Stake
A Successful year of on-chain Governance
Validator Intro Forum
Validator Candidates Guide