Articles related(50%) to "proof of importance (poi)"

Understanding How NEM 2.0 Works: Consensus, Harvesting, and Smart Assets

Understanding How NEM 2.0 Works: Consensus, Harvesting, and Smart Assets

NEM 2.0 represents an upgraded iteration of the New Economy Movement blockchain, maintaining its core philosophy of energy efficiency and democratic participation while introducing technical refinements. Unlike traditional proof-of-work systems, NEM employs a Proof of Importance (POI) consensus mechanism that evaluates users' network contributions through three key metrics: [2020-11-24 01:12]