What is Proof of Attendance Protocol (POAP)?
Let's find out Proof of Attendance Protocol (POAP) meaning, definition in crypto, what is Proof of Attendance Protocol (POAP), and all other detailed facts.
Proof of Attendance Protocol (POAP) is an offering to use the ERC-721 NFT protocol on Ethereum. It assigns a non-fungible, unique blockchain-based identifier to individuals that only they have access to. POAP leverages the blockchain, which supports digital assets and non-fungible tokens (NFTs), to handle the problem of identifying individuals rather than transactions or value.
POAP enables event attendees to validate their attendance by collecting digital badges and storing them on-chain. The badges are one-of-a-kind, therefore, the only way to get one is to pick it up at the event.
Each badge is visually distinct and non-replicable, allowing it to function as an NFT that can be sold on exchanges. One of the key values of such badges is that they are irrefutable proof that an individual went to an event.
POAP users are divided into two groups: event planners and collectors. Event planners can arrange events, as well as produce and distribute POAP badges to participants. While collectors can use personalized, one-of-a-kind NFT badges to commemorate special times in their lives or to indicate their attendance to others.
PoA has three main rules that have to be followed:<\/p>\n<ul>\n<li>Complete adherence to stated protocols for creating blocks and validating them on the network is essential.<\/li>\n<li>Formally identification on-chain with validators.<\/li>\n<li>Eligibility is determined by a number of factors, including but not restricted to affiliation with the organization, a good reputation, and so on.<\/li>\n<\/ul>\n<p>Furthermore, these types of networks are able to acquire modes and designs of operation from current public blockchains such as Cardano or Ethereum with remarkable adjustments.<\/p>\n<p><strong>Since a PoA network is permissioned, no mining action is required<\/strong>. Nonetheless, network participants can employ resilience by running many <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-node/">nodes under the same identity.<\/p>\n<p>This type of consensus technique isn't resource-intensive, but it does need validators to ensure the authenticity of nodes. It may be seen as a system that gives an incentive to act honestly and in compliance with the appropriate operation of a network because user identity and reputation are at risk<strong>.<\/strong><\/p>\n<p>Overall, PoA is a consensus mechanism that concentrates on private organizations or corporations that want to create their own chains which are fundamentally sealed in character, and do not require participation from public users.<\/p>","definition":"a consensus mechanism in which identity acts as a stake.","status":"published","meta_title":"What is Proof-of-Authority (PoA)? Definition & Meaning | Crypto Wiki","meta_description":"Proof-of-Authority (PoA) meaning: Proof-of-Authority (PoA) - is a potential consensus process that depends on well-known and trustworthy validators to generate blocks.","meta_keywords":null}" :prev-section="{"id":1005,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Progressive_web_app","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:01.000000Z","updated_at":"2023-11-23T19:55:32.000000Z","slug":"what-is-progressive-web-application-pwa","title":"What is Progressive Web application (PWA)?","section":"P","keyword":"Progressive Web application (PWA)","content":"<p>The Progressive Web Application (PWA) is <strong>a type of web application that adheres to basic web standards<\/strong><strong>. <\/strong>It functions similarly to a native app. However, there is a difference between web applications and native applications.<\/p>\n<h2>How Do Web Apps and Native Apps Differ?<\/h2>\n<p>Essentially, <strong>web apps are more accessible.<\/strong> This is because they can be accessed via a web browser which means that there’s no need to download or install web apps on computers or mobile devices.<\/p>\n<p>Besides, <strong>web apps are hosted online.<\/strong> This makes them easy to update. Also, it means that they can be utilized across a variety of devices and operating systems.<\/p>\n<p>Native apps <strong>must be downloaded and installed<\/strong> on the user's device. Thus, most of the apps that you've installed on your mobile device are native apps.<\/p>\n<p>Native apps work in sync with the device's hardware and native features. Because of that, they are <strong>faster and perform better than web apps.<\/strong> Though keep in mind that native apps<strong> are not always compatible<\/strong> with every device. Besides, they are more costly to create.<\/p>\n<h2>What About Progressive Web Applications (PWA)?<\/h2>\n<p>In a nutshell, PWAs combine the greatest features of native and web apps, thus, they are <strong>dependable, fast, and engaging.<\/strong> They are compatible with any browser that follows the most primitive browser standards. Besides, they're <strong>compatible with any device <\/strong>overall. Also, it's important to note that they appear to look more like native apps than web apps.<\/p>\n<p>Usually, PWAs employ <strong><a href=https://www.bitdegree.org/"https:////en.wikipedia.org//wiki//HTML/" target=\"_blank\" rel=\"nofollow noindex noopener\">HTML<\/a>, <a href=https://www.bitdegree.org/"https:////en.wikipedia.org//wiki//CSS/" target=\"_blank\" rel=\"nofollow noindex noopener\">CSS<\/a>, and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-javascript/">JavaScript. These programming languages allow them to operate at a faster rate and provide additional features.<\/p>\n<p>PWAs have various benefits compared to the usual web apps:<\/p>\n<ul>\n<li>They are constantly updated<\/li>\n<li>They can run in the background<\/li>\n<li>They can be shared solely with a link<\/li>\n<li>They aren’t entirely reliant on an internet connection<\/li>\n<\/ul>\n<p>Besides, PWAs can improve the analytics of a webpage in terms of page views. This is the case because they go against web traffic. Native applications, for example, cannot do that.<\/p>","definition":"a web application that combines the benefits of native applications and web applications.","status":"published","meta_title":"What is Progressive Web application (PWA)? Definition & Meaning | Crypto Wiki","meta_description":"Progressive Web application (PWA) meaning: Progressive Web application (PWA) - a web application that combines the benefits of native applications and web applications.","meta_keywords":null}" :model="{"id":595,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Certificate_of_attendance","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-23T20:48:21.000000Z","slug":"what-is-proof-of-attendance-protocol-poap","title":"What is Proof of Attendance Protocol (POAP)?","section":"P","keyword":"Proof of Attendance Protocol (POAP)","content":"<p><strong>Proof of Attendance Protocol (POAP)<\/strong> is an offering to use the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-erc-721/">ERC-721 NFT protocol<\/strong><\/a> on <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-ethereum-eth/">Ethereum. It assigns a non-fungible, unique blockchain-based identifier <strong>to individuals<\/strong> that only they have access to. POAP leverages the blockchain, which supports <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-digital-asset/">digital assets<\/strong><\/a> and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-non-fungible-token-nft/">non-fungible tokens (NFTs)<\/strong><\/a>, to handle the problem of identifying individuals rather than transactions or value.<\/p>\n<p>POAP <strong>enables event attendees to validate their attendance<\/strong> by collecting digital badges and storing them <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-on-chain/">on-chain. The badges are one-of-a-kind, therefore, the <strong>only way to get one is to<\/strong> pick it up at the event. <\/p>\n<p>Each badge is visually distinct and non-replicable, allowing it to function as an NFT that can be sold on <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">exchanges. One of the key values of such badges is that they are <strong>irrefutable proof that an individual went to an event<\/strong>.<\/p>\n<p>POAP users are divided into two groups: event planners and collectors. Event planners can arrange events, as well as produce and distribute POAP badges to participants. While <strong>collectors<\/strong> can use personalized, one-of-a-kind NFT badges to commemorate special times in their lives or to indicate their attendance to others.<\/p>","definition":"an offering to use the ERC-721 NFT protocol on Ethereum that assigns non-fungible badges to individuals.","status":"published","meta_title":"What is Proof of Attendance Protocol (POAP)? Definition & Meaning | Crypto Wiki","meta_description":"Proof of Attendance Protocol (POAP) meaning: Proof of Attendance Protocol (POAP) - an offering to use the ERC-721 NFT protocol on Ethereum that assigns non-fungible badges to individuals.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? 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Mining?","status":"published","modified_content":null},{"chapter_id":9,"order":3,"slug":"what-is-staking-crypto","title":"An Advanced Look into What is Staking Crypto","status":"published","modified_content":null},{"chapter_id":9,"order":4,"slug":"what-is-proof-of-stake-vs-proof-of-work","title":"Proof-of-Work VS Proof-of-Stake: The Differences That Matter","status":"published","modified_content":null},{"chapter_id":9,"order":5,"slug":"what-is-crypto-mining-rig","title":"Crypto Mining Rig: What It is and How to Build One?","status":"published","modified_content":null}]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/crypto-101-glossary.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}]" current-chapter="P" current-section="what-is-proof-of-attendance-protocol-poap">