Clear DefinitionsPoET
1 min read
Pronunciation
[poh-et or pee-oh-ee-tee]
Definition
Abbreviation for Proof-of-Elapsed-Time. A consensus algorithm that uses a trusted execution environment to elect block creators based on random wait times.
Key Points
Relies on TEEs like Intel SGX.
Energy-efficient leader election.
See 'Proof-of-Elapsed-Time' for full details.
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