NEM is a peer-to-peer crytpocurrency platform that uses a Proof of Importance (POI) algorithm to verify transactions. This is different that Proof of Work or Proof of Stake algorithms because it prioritizes how much currency accounts have in addition to how many transactions they made on the network.
In doing this, NEM incentivizes users to increase activity on the network, which improves the accuracy and security of transaction information.
NEM is also committed to fostering a wide distribution network and provides support for encrypted messaging, opening up the possibility of a wide variety of use cases on its network. This, coupled with multisignature accounts, makes NEM a versatile and secure means of transacting value between users.
Source: NEWSBTC - 5 days ago
Four leading global blockchain companies have announced the founding of what they call the first credible attempt to create a unified voice for the blockchain industry at European level. Blockchain for Europe intends to address the fragmented policy debate over the issue in order to lobby in favor of crypto friendly regulation in the European Union....
Source: The Merkle - 1 week ago
The year 2018 has been one with mixed momentum for most cryptocurrencies and digital assets. NEM Is one of the big examples in this regard, as its initial hype has all but evaporated over the past few months. Today, it is one of the strongest risers in the market cap top 15, as its value […]
Source: AltCoin Today - 4 weeks ago
Japan: Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack Recently re-opened Japanese crypto exchange Coincheck has announced it has resumed NEM (XEM) crypto token trading after a restructuring of its platform by external “security experts,” South Korean news outlet FNNews reports Nov. 13.In January of this year, Coincheck suffered an industry record-breaking hack when $534 million worth…
Source: NEWSBTC - 4 weeks ago
FOMO Moments Markets are still generally flat; Nem, Zcash, XRP, and Iota climbing, Stellar and MOAC sliding. Red is still dominating most cryptocurrencies this morning as the slow selloff continues. Downward pressure has eased somewhat though and total market capitalization has not fallen that much overnight, it remains above $210 billion for now. Over the...
|Binance Coin (BNB)||$4.69712||1.47%|
|Ethereum Classic (ETC)||$3.78255||6.29%|