The Piachu's Bitcoin Blog Proof of Importance and other matters

Proof of Importance

''Proof of Importance

The detailed overview can be found in NEM’s Technical Reference document. In general, it looks like a variation of Proof of Stake that gives extra weight to accounts that are actively transacting with a lot of other accounts. The actual equations as to how the weight is calculated and how it affects who will be selected as a miner is detailed over several pages of the document.’’ The Piachu’s Bitcoin Blog Post