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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What distinguishes Proof of Authority (PoA) from Proof of Work (PoW) and Proof of Stake (PoS)?
A. PoA relies on anonymous validators to secure the network
B. PoA operates through a select group of trusted validators based on their identity and reputation
C. PoA uses extensive computational power for mining
Question 2:
How do validators in a PoA system validate transactions?
A. By solving mathematical puzzles
B. By staking coins
C. By signing transactions with their private key and verifying with their public key
Question 3:
What are the three conditions that must be met for PoA to function effectively?
A. Validator anonymity, mining power, and scalability
B. Validator chain identification, reputation-based validation, and regulatory compliance
C. Validator decentralization, low energy consumption, and high throughput
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