A new consensus algorithm called Proof of Authentication (PoAh) is introduced to address scalability and efficiency issues in blockchain networks.
PoAh ensures secure and authenticated block validation by combining transactions into a block, signing it with the node's private key, and verifying the signature using the source node's public key.
Authenticated blocks are appended with a cryptographic Proof of Authentication (PoAh) and added to the blockchain, while blocks that fail authentication are discarded.
The provided Python example demonstrates the practical implementation of the PoAh algorithm, showcasing how transactions are combined, signed, verified, and added to the blockchain.