Community post

Oracles (POA) on exchanges

Oracles Network is the first Ethereum-based public network with Proof-of-Authority (PoA) consensus, reached by independent, pre-selected validators. Oracles Network makes smart contracts cheaper and faster than Proof-of-Work (PoW) predecessors. As Ethereum is going to the moon those days, POA will rise too.

With a total marketcap of $25 million USD, ORACLES is the only crypto project in history that sold all tokens during pre-sale.
• Ticker: POA
• ICO Token Price: 1 POA = 0.0715 USD (0.00023 ETH)
• Fundraising Goal: 12,600,000 USD (41,176 ETH)
• Total Tokens: 252,460,800

Oracles Network says PoA allows for faster block times, the advantage of no mining required and legally binding hard fork decisions that come in the form of agreements that validators sign with the network.

Here is the good news:

With the price of Ethereum surging, it’s hard to know which tokens will make a killing, but for sure POA will reach x10 presale price anytime. That being said let me tell you that POA will make a lot of millionaires in 2018. If you couldn't make it on presale, you can buy it now from EtherDelta (POA/ETH pair).

Zack Coburn, founder of EtherDelta:
“EtherDelta is extremely excited to form a strategic partnership with Oracles (POA). The team at Oracles.org brings incredible knowledge and experience to the table that EtherDelta is eager to tap into. Having become the top decentralized trading platform, EtherDelta has processed over 7 million transactions to date. EtherDelta is excited to help get that data in so it can be analyzed and understood at a deeper level.”

[Buy POA now](https://etherdelta.com/#0x9e8df8fd7c6c724880e2d73d8faf7fc7ff98c5c4-ETH), price may increase soon.

Don't forget to share and upvote this post to help the community.
#poa #oracles #etherdelta

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Finally, let us outline POA Network key features:

-We worked hard since 2016, and we are launching Core Network mainnet on 15th of December 2017 during the token sale, when you will get POA native coin compatible with all Ethereum wallets.
-We developed cross-chain bridges (video here) and we will use this technology during our token sale. Contributions will be collected on Ethereum blockchain while native coins will be concurrently issued on the Core Network blockchain.
-POA Network is the first Ethereum-based public network with Proof of Authority consensus, reached by independent validators. Proof of Authority consensus is a modified form of Proof of Stake where validators’ identity serves as stake and establishes the incentive model for validators to act in the interest of the Network. Such consensus allows for shorter block time and cheaper transactions.
-Core Network is the first smart contracts blockchain secured by the US notaries staking their identity.
-POA Network is a blockchain scalability approach, called “horizontal scalability.” POA Network allows launching any number of independent Proof of Authority with Identity at Stake networks and connects them via cross-chain bridges. Such “swarm” or blockchains allows to solve the throughput issue.
-POA Network is one of few working blockchains for smart contracts among Ethereum, Ethereum Classic(see article here).
-POA Network has an extensive potential use as a public chain for banks, healthcare chains, government authorities, etc. with their set of validators such as doctors, scientists, bankers, different government authorities.

Update:

We would also want to be transparent and let our community know that our current whitelist is oversubscribed. Still, we keep the registration open as our approach is not to limit the number of participants but rather grow our community and help wider PoA network adoption. Therefore, we will structure our token sale in the way that all whitelisted applicants will be able to participate.

Update (11/15/17):

POA Network smart contract for pre-sale tier has passed the audit by the external auditor. The terms are outlined here: https://github.com/oraclesorg/oracles-presale/tree/master/audit

According to the rules of the audited smart contract, signing the Early Token Purchase Agreement and passing KYC allows you to participate in the POA Network pre-sale with an amount not less than 100ETH. It means that your address has been added to the list of addresses allowed to participate. It, however, does not guarantee the participation. Should you wish to contribute more (but not less) than 100ETH during the pre-sale, you may do so, though we encourage the participants to stick to the amount initially stated in the agreement to give opportunity for others. In the event a change needs to be made, there is no need to resubmit an application, sign a new agreement and go through the KYC process again.

WARNING!

There will be no private telegram messages asking for contribution! We exchange messages with some of you. But we will NEVER ask for your address in the private telegram message. BEWARE OF SCAMMERS!