Quote from: instacash on July 03, 2014, 10:36:35 AM

Quote from: asdlolciterquit on July 03, 2014, 10:36:11 AM

what is POI?

Proof of Importance

Quote from: http://static.squarespace.com/static/52fd44e2e4b0d3e64dc22c95/t/53abc471e4b01f59562d9012/1403765873502/Newsletter20140601.pdf

The algorithm rewards people not for being wealthy, but for supporting the network - you are rewarded according to your importance. PoI is the beating egalitarian heart of NEM. This Proof-of-Importance (POI) is qualitatively different from both Proof-of-Work and Proof-of-Stake.

Quote

Proof of Importance (PoI) is a novel method for security distributed peer-to-peer (P2P) currencies, using the structure of the transaction graph to determine nodes that are structurally important to the overall network. PoI is closely related to Proof of Stake (PoS), where holding units of currency for a period of time gives a person a higher "stake" in the network.

seems great!

where can i find more info?