$0.01
Price (USD)
$3.43 M
Market Cap (USD)
$163.63 K
Volume (24h)
242.02 M
CIRCULATING SUPPLY (POA)

Performance Summary

Percentile Ranking (0-100)

46
Root Rank
29
social
31
usage
36
price performance
88
development

MACD

Description

POA Network is an open, public, permissioned blockchain based on Ethereum[^fn1] protocol. To reach consensus on a global state, it uses a Proof of Authority consensus algorithm. PoA consensus is a straightforward and efficient form of Proof of Stake with known validators and governance-based penalty system. A list of validators is managed by a smart contract with governance by validators. During an initial ceremony, master of ceremony distributes keys to 12 independent validators. They add 12 plus one more to reach initial requirements for the consensus. To be validators on the network, a master of ceremony asks them to have an active notary public license within the United States. A concerned third party can cross-validate validators’ identities using open data sources and ensure that each validator is a good actor with no criminal records. In the proposed network, identity of individual validator and trust to independent and non-affiliated participants will secure the consensus.

Quantitative Performance

31 usage
23 metcalfe correlation 0
27 metcalfe exponent 0
19 normalized metcalfe 0
16 daily transactions 0
69 trading volume $ 832.18 K
88 development
90 github stargazers 622
89 github forks 229
96 github open issues 185
85 github contributors 71
82 github contributions 7.98 K
36 price performance
22 alpha -0.01
37 sortino -0.274
37 sharpe -0.185
32 treynor -0.029
51 upside 96.241
37 downside -174.854
31 upside / Downside 0.55
40 marketcap $ 6.7 M
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