What is Proof of Authority Blockchain?
Proof of Authority is an algorithm that uses reputations to validate blocks in a blockchain network. In this way, only those nodes that are considered trustworthy will be included in validating a block. This algorithm has transformed the way blockchain networks operate, allowing users to use more coins while still maintaining privacy and control. For example, a country's hospitals can switch to a Proof of Authorities blockchain, and patients would be able to go to any hospital and see their data directly. While there are many benefits of this method, it has some shortcomings. For example, it requires network participants…