Proof of Authority (PoA) is a reputation-based consensus algorithm that introduces a practical and efficient solution for blockchain networks.
The Ethereum Virtual Machine, or EVM, is the core driving force behind the Ethereum network, their open-source platform that has redefined the blockchain technology landscape. Although EVM only works on the Ethereum network, its importance extends far beyond its native network.
As the world of cryptocurrency continues to grow, the concept of parallel Ethereum Virtual Machines (EVMs) is gaining importance day by day. The criteria that were considered while selecting the top EVMs are scalability, security, and innovation.