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What is Poa coin (What does Po coin mean)

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What is Poa coin According to official sources, what is Poa coin? What function

What is Poa coin (What does Po coin mean)

What is Poa coin According to official sources, what is Poa coin? What functions can it achieve? What problems can it solve? Poa is a distributed ledger technology based on blockchain. This system is composed of multiple parties in a decentralized network (DistributedLedgerNetwork), which can be scaled to any location and allows users to create, share, and trade their own datasets, which are stored and analyzed on various devices.

Poa is a special type of currency in Bitcoin. This digital gold is called “POA” (Proof-Of-AttendanceToken).

What does Po coin mean

According to Cointelegraph, Po coin is a token based on blockchain technology. Under the consensus mechanism of Bitcoin, tokens (such as BTC and LTC) can be issued with corresponding prices as needed. Po coin is designed using a novel technique, which is different from traditional stock markets: it determines the exchange rate between buyers and sellers through a “trading pool” and connects the buyer and seller at a lower price to control the market; or it can also adopt a special system to prevent counterparty risks.

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