Developers of the cloud platform Microsoft Azure announced the launch product Ethereum on Azure, which is based on the "blockchain-as-a-service" model. It is noteworthy that the new solution is based on the Proof-of-Authority (PoA) consensus algorithm.
PoA is based on the principle of approved validators and does not require mining.
The new product is equipped with a built-in decentralized application called Governance DApp, which provides members of the consortium with the authority to manage the network and delegate their voting rights to others. Due to this, network members can pass to other nodes voting from their person, if its main nodes are not on the network.
At the same time, administrators have the right to change the validators of the network by voting.
Also, thanks to the Parity WebAssembly client, developers will be able to write smart contracts in convenient programming languages such as C, C ++ and Rust.