NEM - THE SMART ASSET BLOCKCHAIN

NEM

THE SMART ASSET BLOCKCHAIN

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Summary

NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. Written in Java, with a C++ version in the works, NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system. The NEM blockchain software is used in a commercial blockchain called Mijin.

NEM was designed to be faster, cheaper and more effective than Bitcoin or other simular crypto currencies. There is also no miners as all the coins was create from the start. NEM reward harvesters and super node holders for consensus of the network, they get paid in transaction fees, and it uses a lot less power because of POI (Proof-of-Importance) Mechanism.

Information


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* Note that all data is static of date of article.
Symbol : XEM
Date Started : 1 April 2015
Age : 1 years 8 months
Listed Start Price : $0.0004
All time High : $1.11
Current Price : $0.925597
All time Low : $0.00013
Market Cap : $8 037 944 999
Circulating Supply: 8 999 999 999 XEM
Mineable : No
Consensus Mechanism: Proof-of-Importance(PoI)
Website : nem.io
Lifetime Price Percentage : 231 299.25%
Rating : star.pngstar.pngstar.png

Pros & Cons

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ProsCons
Multi signitureBig Coin supply
Proof-of-Importance algorithm100% traceable
Low power to run networkFunctional coin, not disrupting any industries
Low transaction fees 
Fixed supply 
Messaging service 
Bounties programs 
API Wrappers integrated to multiple dev. languages 

Team

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Jeff McDonaldRene Bernard
Vice PresidentPresident
Teaching skillsCEO/Co-Founder of LuxTag.io
Curriculum DesignInternational Technopreneur
Graduated at KansasCybersecurities and Blockchain
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Rewards

Rewards for the Supernodes program started on June 1st, 2016. The payout started at 70,000 XEM per day and will be split among all nodes that pass the tests for the day. This payout is planned to be increased at regular increments. In the event of a Supernode’s program update and/or downtime of the Supernode’s monitor, rewards will not be paid for that day. source

Community

 TwitterFacebookRedditYouTubeGithub
Members117 000 13 708 11 958 80 816 4
Last 2017/12/30 2017/12/30 2017/12/30 2017/12/30 2017/12/22
Links
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Trends

NEM

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Compaired to other currencies

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News

TREZOR Creates Hardware Wallets for the NEM Blockchain. 20th December 2017 read more..
ioNEM - Transferable, On-Chain IoT Ownership with NEM. 8th November 2017 read more..

Markets

MarketPair
AbucoinsXEM/BTC
AEXXEM/BTC
AEXXEM/BITCNY
Bitcoin IndonesiaNEM/BTC
BittrexXEM/BTC
BittrexXEM/ETH
COSSXEM/BTC
COSSXEM/ETH
CryptomateXEM/GBP
CryptopiaXEM/BTC
CryptopiaXEM/LTC
CryptopiaXEM/DOGE
ExratesXEM/USD
ExratesXEM/BTC
HitBTCXEM/BTC
HitBTCXEM/ETH
HitBTCXEM/USDT
LiteBit.euXEM/EUR
LivecoinXEM/BTC
LivecoinXEM/USD
LivecoinXEM/ETH
OKExXEM/BTC
OKExXEM/USDT
OKExXEM/ETH
PoloniexXEM/BTC
QryptosXEM/BTC
YoBitXEM/BTC
YoBitXEM/USD
ZaifXEM/JPY
ZaifXEM/BTC

Technology is just a tool. In terms of getting the kids working together and motivating them, the teacher is the most important. - Bill Gates

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