Proof of authority (PoA) is an algorithm used with blockchains that delivers comparatively fast transactions
In PoA-based networks, transactions and blocks are validated by approved accounts, known as validators
It does not depend on 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. The chain has to be signed off by the majority of authorities, in which case it becomes a part of the permanent record.
Businesses need a blockchain solution that can handle highly confidential information without having to worry about security.
Moreover, the fast-paced environment of the industry demands precision, efficiency, and scalability as your business grows. POA is a Distributed Ledger Technology solution (DLT) that emphasizes privacy, scalability, and security.
This makes POA blockchain development the perfect solution for building apps if you are an enterprise.
Fork Ethereum blockchain with a consensus algorithm of POA
Branding explorer (follow our standard, logo & color change only)
Network Status monitor (based on our standard)
Brand block explorer: for example https://scan.vindax.com
Blockchain Documentation (based on our standard)
Predefined maximum supply, time of blocks.
Testnet Blockchain & Faucet App (based on our standard)
Fully compatible with MetaMask: just change the network.
Fully compatible with all Ethereum's contracts and dapps.
Automatically configure Metamask Wallet with a single click.
Provide Blockchain API (based on our standard)
Our blockchain can achieve a remarkable TPS up to 100k
Build 5 virtual nodes on status monitoring page for marketing boost
Web3, GameFi, Metaverse, Smart contract, decentralized application, and toolset interoperability with Ethereum and similar EVM chains.
The ecosystem is expanding to accommodate many forms of secure peer-to-peer and microtransactions, conference and community currencies, DeFi, NFTs, DAOs, games, and more.
Automate tedious tasks and drive your operations faster through airtight blockchain smart contracts with our POA blockchain development services.
Public blockchains have often not made it into enterprise due to their lack of scalability. POA blockchain development provides top-most scalability.
POA blockchain development allows the participants on the network to keep copies of the transactions that they view, instead of just being observers.
POA blockchain development is the perfect solution for enterprise applications due to its high security, privacy, and scalability.
With POA blockchain development, you can create solutions with point-to-point architecture which means that only participants of transactions can access it.
POA blockchain development allows for pluggable consensus, meaning that you can make changes to your platform without any downtime.
Vindax Cloud offers flexible support tailored to meet your exact requirements.
Using POA blockchain development, you can build testing networks through the Network Builder, similar to ‘Test Net’s of public blockchains.
The Network Bootstrapper is a tool that allows you to create test networks for development and testing purposes.
The Demo Bench desktop application allows you to create and launch local nodes for training and demonstration purposes.
Node Explorer acts as a visual interface for you to inspect the nodes on the network and perform regular tasks.
We are a POA blockchain development company with an expert team of blockchain developers that have worked with global businesses for many years.
In any business, time is money. This is why our project management team coordinates each project to ensure cost-effective and timely delivery of your products.
We believe highly in being transparent with the way we work, always keeping our clients in the loop with regular progress updates and reports.
All of our enterprise solutions are built to be scalable and secure. We use reuse existing code when we can to ensure bug-free applications and shorter product delivery.
We are always asked a lot of questions which we are happy to answer at any time. Here are some Blockchain-related questions that have been asked times innumerable.
Provide blockchain logo for us to do the rebranding for explorer, docs pages, faucet, status monitoring. Required format: transparent png & 800 x 300
Provide these criteria for building blockchain
Explorer: Elixir & postgreSQL
EVM use: go ethereum
Faucet & status monitoring: ReactJS
Validator will get transaction fee on every transaction it validates
To understand about how to become a validator, you can refer to https://ethereum.stackexchange.com/questions/15541/how-to-add-new-sealer-in-geth-1-6-proof-of-authority
Besides, to become a validator, that person must have more than 50% vote from other existing nodes.