Microsoft Announces Ethereum Proof-of-Authority on Azure

Microsoft has released it's Ethereum Proof-of-Authority Algorithm on Azure today. This will allow private/consortium networks a more efficient way of building decentralized apps. According to today's post on Microsoft's blog, 

"We’ve had great traction with our support of Ethereum on Azure. The existing Proof-of-Work solution has been deployed tens of thousands of times across a variety of industry verticals. Through the extensive development on our platform, we’ve received great feedback from the community that has helped us shape our next Ethereum ledger product. I’m excited to announce the release of Ethereum Proof-of-Authority on Azure.

We’ve built this solution with the same principles that we drive in all our production services at Microsoft. In Proof-of-Authority, each consensus node on the network has its own Ethereum identity. In the case that a node goes down, it’s important that the member doesn’t lose consensus participation. Ideally, each member would run redundant consensus nodes to ensure a highly available network presence. To accomplish this, we’ve built an abstraction which allows each consensus participant to delegate multiple nodes to run on their behalf. Each Azure Proof-of-Authority network comes with our identity leasing system that ensures that no two nodes carry the same identity. In the case of a VM or regional outage, new nodes can quickly spin up and resume the previous nodes’ identities."

Read the entire blogpost at Microsoft here: https://bit.ly/2vTaG9y