What are the differences between the Proof of Stake and Proof of Authority consensus mechanisms?
A consensus is a checking and validation procedure in a blockchain that can have a variety of forms and types. A consensus that is widely used among developers in place of a Proof-of-Work protocol, which consumes a large quantity of power and performs at a very slow rate, is the Proof-of-Stake protocol as well as the Proof-of-Authority protocol. We will take a look at the mechanics and differences between these two protocols.