Proof of Importance

In cryptocurrency jargon, proof of importance is a system used to determine which users are eligible to perform the calculations necessary to add a new block of data to a blockchain and receive the associated payment.

Priority for block creation is determined by the number of transactions performed by users, with the users which make the largest number of transactions in the corresponding cryptocurrency being given the highest mining priority.

More on this topic:
Proof of work
Proof of stake
Proof of capacity

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