POA Network's smart contract framework is open-source, Ethereum-based, and built on the POA blockchain. It consists of a sidechain built on Ethereum utilizing Proof of Autonomy as its consensus mechanism. It uses a pre-selected group of validators to secure the network. These validators are publicly identified. This protocol provides flexibility to code in Ethereum standards while providing scalability and interoperability in blockchain networks.
POA Network Tokenomics
ICO DateNov 16, 2017