Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Thread - Redemption ends[Updates&Discussion]
by
BloodyRookie
on 29/03/2015, 20:56:03 UTC
So since i own a stake in this thing i guess i may as well understand how the heck it works. Its proof of stake i assume. Does it use deterministic random like nxt or coin age like ppc or something else?

Balance, coin age, incoming and outgoing transactions play a role in calculating the importance. Having the importance the rest is a deterministic random algorithm like nxt.