NEM

玛雅娱乐卖分微信:NEM

Coin Information

Proof Type PoI
Start Date 31/03/2015
Website NEM
Last BlockExplorer Update TS 2018-07-23 12:07:46
Block Reward Reduction -
Total Coins Mined 8999999999

Source : Cryptocompare.com

Social

About NEM

Facts You Probably Do Not Know About NEM

NEM, also known as New Economy Movement, is a platform powered by the blockchain technology that allows users to divide, cap, and mute their assets. Through the platform, users can make crypto transactions through payments and messaging. And since it is the first public and private blockchain platform, users can maximize how they want to use the blockchain through the Smart Asset System feature of NEM.

These features were able to catch the attention of the blockchain community, making more users switch to the NEM platform and its currency, XEM. Learn more about how NEM started and more of its unique features here.

How NEM Started

A group of developers decided to improve the altcoin NXT, that is why they released a new and unique platform. The main goal of the team was to make a currency that would be community-oriented. To achieve this goal, NEM started to be made from scratch unlike the rest of the crypto coins. The group wrote the codebase themselves, and by 2015, NEM was launched.

Upon the platform’s release, investors and CEOs became intrigued by its features. By 2016, NEM was already offering its users 1,500 transactions per second in millions of wallets. The group that created the platform was not expecting it to gain this much attention, but when XEM became one of the most traded altcoins, the team continued to develop the crypto coin.

Now, the aim is to make the platform as the most widely used gateway for transactions. It may take time because of the tight competition, but slowly, NEM and XEM are going up. It will just take a couple more Bitcoin exchanges, wallets, and investors.

Distinctive Features of NEM

To become the most widely used platform in crypto space, the developers of NEM made sure to add features that would make NEM different from the rest of the crypto coins. Learn more about these distinct features.

Unique Algorithm

Notably, NEM is the first to have used the proof-of-importance. Instead of the proof-of-work that the rest of the crypto coins are using, this platform introduced a new one. Using the algorithm, XEM users will focus only on the importance and number of coins in the platform. More so, the coin does not have crypto mining, but instead, users are harvesting to earn coins.

Bank acceptance

If Bitcoin and the rest of the currencies support decentralization, NEM goes in a different route. It is supported by Japanese banks and possibly more in the upcoming years. If these integrations continue, XEM is going to rise. As of this writing, SBI Suminshin Net Bank, the largest Japanese trust bank, is using NEM for their online banking services.

Security features

The altcoin uses a revolutionary consensus mechanism and supernode program that keep the blockchain open and free. These features also make sure that the system is stable and secured.? NEM also uses EigenTrust++ for its nodes and an advanced spam collector that shuts down hackers. These add another layer of security to the network.

NEM users should expect more good news from the platform as there are more businesses and exchanges now supporting XEM. But even if NEM, alongside its currency, is getting popular, the platform will continue to improve to give its users more convenience.

  • 地方“武教头”走进军营辅导授课 2018-12-12
  • 【学习时刻】在开放中发展,在竞争中强大 2018-12-12
  • C罗帽子戏法 葡萄牙3-3战平西班牙 2018-12-12
  • 刘红:关注乳腺健康 做好体检预防工作 2018-12-11
  • 美到不忍吃 苏州小伙做中国风蛋糕世界夺魁 2018-12-11
  • 上海合作组织青岛峰会举行 习近平主持会议并发表重要讲话 2018-12-11
  • 70年,风雨兼程、砥砺前行的她 2018-12-10
  • 吉安市长为何深夜暗访城区夜市 2018-12-10
  • 第八个孕妇关爱日:孕妈妈开心 宝宝更健康 2018-12-10
  • 【着力整治群众身边腐败问题】明确任务 强化措施 吕梁全力整治群众身边腐败 2018-12-09
  • 一语惊坛(5月11日):汶川地震,十年涅槃重生,见证中华民族团结一心有力量! 2018-12-09
  • 2018年3月全国网络举报受理情况 2018-12-08
  • 其两个都是【最牛】。。。[哈哈] 2018-12-08
  • 个税法迎第七次大修 起征点调至每年6万元 2018-12-08
  • 深入理解我国社会主要矛盾的转化 2018-12-07
  • 526| 679| 726| 95| 783| 825| 43| 247| 370| 308|