This post is part of our Blockchains Study Group and the Cryptography series . Take a look there to learn more about related topics. Prerequisite knowledge: Proof of Stake The Proof of Authority (PoA) consensus algorithm is turning into one of the most mature versions of blockchain technology. In the last post, we read about how Proof of Stake was designed to solve the problems of Proof of work. However, Proof of stake has it's own drawbacks. While Proof of Work-based blockchain has perf...