{"id":15327,"date":"2018-11-19T16:52:11","date_gmt":"2018-11-19T16:52:11","guid":{"rendered":"https:\/\/www.techopedia.com\/definition\/proof-of-importance\/"},"modified":"2023-06-27T09:26:36","modified_gmt":"2023-06-27T09:26:36","slug":"proof-of-importance","status":"publish","type":"definition","link":"https:\/\/www.techopedia.com\/definition\/33599\/proof-of-importance-poi","title":{"rendered":"Proof of Importance"},"content":{"rendered":"<h2><span id=\"what_does_proof_of_importance_mean\">What Does Proof of Importance Mean?<\/span><\/h2>\n<p>Proof of importance (PoI) is a cryptocurrency term defined as a blockchain consensus technique \u2013 essentially, proof of importance works to prove the utility of nodes in a cryptocurrency system, so that they can create blocks.<\/p>\n<h2><span id=\"techopedia_explains_proof_of_importance\">Techopedia Explains Proof of Importance<\/span><\/h2>\n<p>In some ways, the proof of importance mechanism is similar to proof of stake, another technique involving showing the relations of parties to a transaction, but while there are similarities, proof importance uses other various metrics in order to evaluate nodes. These metrics include net transfers, amount of vested currency, and activity clusters \u2013 in one sense, the development of proof of importance is intended to address loopholes and problems with proof of stake where hoarding or other behavior could result in a higher proof of stake score, but the proof of importance score with its more sophisticated measurements seeks to find better outcomes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Does Proof of Importance Mean? Proof of importance (PoI) is a cryptocurrency term defined as a blockchain consensus technique \u2013 essentially, proof of importance works to prove the utility of nodes in a cryptocurrency system, so that they can create blocks. Techopedia Explains Proof of Importance In some ways, the proof of importance mechanism [&hellip;]<\/p>\n","protected":false},"author":7813,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"no","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"definitioncat":[271,256],"class_list":["post-15327","definition","type-definition","status-publish","format-standard","hentry","definitioncat-blockchain","definitioncat-emerging-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Proof of Importance (PoI)? - Definition from Techopedia<\/title>\n<meta name=\"description\" content=\"This definition explains the meaning of Proof of Importance and why it matters.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techopedia.com\/definition\/33599\/proof-of-importance-poi\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proof of Importance\" \/>\n<meta property=\"og:description\" content=\"This definition explains the meaning of Proof of Importance and why it matters.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techopedia.com\/definition\/33599\/proof-of-importance-poi\" \/>\n<meta property=\"og:site_name\" content=\"Techopedia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/techopedia\/\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-27T09:26:36+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@techopedia\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.techopedia.com\/definition\/33599\/proof-of-importance-poi#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/definition\/33599\/proof-of-importance-poi\"},\"author\":{\"name\":\"Margaret Rouse\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/f5dd538e31ee352d105b8af36c4268a5\"},\"headline\":\"Proof of Importance\",\"datePublished\":\"2018-11-19T16:52:11+00:00\",\"dateModified\":\"2023-06-27T09:26:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/definition\/33599\/proof-of-importance-poi\"},\"wordCount\":152,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.techopedia.com\/definition\/33599\/proof-of-importance-poi#respond\"]}],\"articleSection\":\"\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.techopedia.com\/definition\/33599\/proof-of-importance-poi\",\"url\":\"https:\/\/www.techopedia.com\/definition\/33599\/proof-of-importance-poi\",\"name\":\"What is Proof of Importance (PoI)? 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