6 May, 2019
Proof of ImportancePosted 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).« Back to Dictionary Index