Governance

Proof of Authority is an advanced stage, or superior modification of Prof of Stake which is a bit old concept nowadays brings in decentralization and community involvement. The Proof-Of-Authority (PoA) is a consensus method that gives a small and designated number of blockchain actors the power to validate transactions or interactions with the network and to update its distributed registry. Its core logic can be summarized as below.

🎉Token holders, including the validators, can put their tokens "bonded" into the stake. Token holders can delegate their tokens onto any validator or validator candidate, to when a token holder reaches 1000 ANB expect it can become an actual validator.

🎉All validator candidates that reach 1000ANB are real validators and can be part of shareholders by the number of bonded tokens on them.

🎉50% of the token will be put as rewards to support the community and the project development and 50% are pre-mined.

🎉There is no un-bonding period for Access Next Blockchain will be open to developers to support them making projects with the lowest gas fee.

🎉Reward System is also given to Working Community giving a free airdrop encourage everyone so they can reach their full potential on learning blockchain and cryptocurrency