Review on NEM by Özgün A
Why does NEM disappear despite its unique structure?
NEM, born in 2015, was handled very little. It has experienced incredible growth after 2017. This was due to its unique software architecture. But after 2018, he had a crash again. It is very low in terms of price and transaction volume.
In NEM coin, there is no Mining system, but a Harvest system. Harvesting project means producing blockchain. So it saves electricity and you don't need super computers. However, this innovation does not seem to be preferred by cryptocurrency users. To be clear, the harvesting system is a bit complicated, if the NEM team could make it simpler, this system could improve.
As a result: To be honest, I think this system will disappear in 2021. Every day users leave the system.
Pros
- Avoid price fluctuations with the harvest system
- Low electricity usage and no need for supercomputers
- Can be integrated into global systems
- Can create their own blockchains
Cons
- Very low price and low transaction volume
- The lack of updating the system
- NEM team's lack of roadmap
New products
Comments (1)
December 01, 2020
I can say that it is a real advantage for us middle class people to use low electricity and use it without the need for a super computer. Because this is a big savings. It was a good article. Thank you buddy.
