What Is Proof-of-Activity as a Hybrid Consensus Model?
Proof-of-Activity (PoA) is a hybrid consensus mechanism combining Proof-of-Work (PoW) and Proof-of-Stake (PoS). PoW miners compete to find a block template with no transactions.
Once found, the block is signed by a randomly selected group of PoS validators based on their stake. This aims to leverage the security of PoW while mitigating the energy consumption and centralization risks.
It provides a more robust security model.
Glossar
Hybrid Consensus Mechanism
Framework ⎊ A hybrid consensus mechanism, within the context of cryptocurrency, options trading, and financial derivatives, represents an architectural convergence of disparate validation approaches.
Hybrid Consensus
Synergy ⎊ Hybrid Consensus represents a novel approach to achieving distributed agreement within complex systems, particularly relevant in decentralized finance and derivative markets where disparate data sources and validation mechanisms coexist.