6 May, 2019
Proof of Importance
Posted on : by : BlockGlossary
Meaning of Proof Of Importance
PoI it is a crypto algorithm which involves rewarding higher spender of a coin/token as a way to keep and secure the ecosystem of the Blockchain. Instead of PoS which reward hodlers, PoI rewards spenders.
The first use case of Proof of Importance is NEM (XEM).
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