May 6, 2019 BlockGlossary 0 Comments

Proof of Importance

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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Blockchain Dictionary: POI

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Proof of Importance

Meaning of Proof Of Importance

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Proof of Importance

Meaning of Proof Of Importance

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