NEM is called the New Economy Movement, and its token name is XEM.
The developer team members are mostly from Europe. Starting from January 2014, they started with Bitcoin Talk forum user “Utopian Future”.
Originally intended to create a branch for the NXT, but after the plan was rejected, UtopianFuture convened the participants in the forum.
NEM has become its name …New Economy Movement
NEM implemented the main chain in March 2015 and established several communities and provided resources and assistance for developers.
The biggest point is that NEM is a P2P concept. In addition to providing payment and digital assets,
In order to solve the problem of high cost for miners, NEM implements POI (Proof of Importance), which allows traditional miners to excavate a large amount of betting hardware or computing power to dig out coins.
POI is NEM’s original core consensus algorithm, based on your importance, such as your number of service transactions and other factors as an adjustment.
If the service provided is not popular, NEM will implement basic POS (equity certificate) feedback.
XEM is an abbreviation for NEM tokens, with a circulation of 8,999,999,999 XEM. Their official wallet is Nano.
In addition to the convenience of using a key to install the wallet, it also provides a portfolio to help users easily accumulate their own digital assets.
It has been popular in Europe and America.
On the technical side, NEM provides developers with complete resources.
For developers, he has a lot of ready-to-use suites and code bases that can be quickly combined into their own products.
And has plasticity.
However, the focus of controversy lies in the cost of construction.
Therefore, I think that NEM has a bright future, and its actual use is indeed more friendly than Ethereum.
Recently cooperated with major commercial enterprises, Europe, the United States, Japan, South Korea, and India…
I would say NEM have potential and value to everyone.
It silently grew on an exponential basis every week and stood firm at 16 on CoinMarketCap.
Next, the service that hangs under it also takes a low profile and slowly melons the blockchain market and takes a seat.
In the meantime, Spectrocoin, established in Lithuania, a country beside the Nordic Belarus, was integrated with the physical bank.
Make it easy for European users to swipe or send money to acquire digital assets (mainly NEM)
Its subsidiary, Italy, initiated Bankera
Also in preparation,
Take a closer look, in the flowering of blockchain projects,
Many web pages simply surface quickly build surfaces.
For Europeans and Americans, Simplified Chinese does not make difference with Traditional chinese.
They understand the difference, and even have additional Traditional Chinese web pages.
How its carefulness and ambition.
We will see…