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Type of review

you can have multiple accounts, we can create a token based on this crypto without needing to know complex basics of software

Pros
  • low use of resources unlike bitcoin. is listed in important Exchanges. To harvest this currency you do not need advanced computers.
Cons
  • it's a network from scratch that makes certain components under test

nem is an awesome project, nem has great future, NEM’s architecture provides an incredibly secure and stable platform

Pros
  • On nem's blockchain, we can create our own token, NEM also has many established business partnerships, NEM blocks complete every 60 seconds, NEM’s architecture provides an incredibly secure and stable platform
Cons
  • the team of nem is anonymous and hidden, in market their are so many great project than nem

NEM provides good financial blockchain solutions for business. There is a number of applications which have been run on this blockchain. NEM blockchain is also a fast blockchain with high TPS. The POI algorithm is a good algorithm for incentivizing users. However, the progression of this project seems to have problems as there is few communication between the dev team and the community

Pros
  • - NEM has high TPS making it able to handle 4000 transactions per second - Being operational efficiency, NEM allows business to build their network on this blockchain by the implementation of a domain name system called "namespace" - Using a new algorithm called "Proof of Importance" which focuses on the volume of transactions and, XEM incentivizes the holders to grow the network by carrying out as many transactions as possible - NEM has its own wallet which is available on a lot of platforms - NEM has a unique messaging function - A holder who has a bag of 10000 XEM or more can start mining with a normal computer - It has already been a working blockchain which is a protocol for a number of Dapps to run on
Cons
  • - NEM has very few updates for its blockchain these days and a few solutions have their information unclear - Besides, the team behind it does not often communicate with the community.

Revainrating 4 out of 5

Nem ( XEM ) review

NEM offers is Namespaces and Mosaics. Namespaces are like unique named addresses that you can save for yourself where you can attach your assets. Mosaics are tokens that are used for fuelling that system. NEM project’s main goal is to have a blockchain for every type of industry, government or academia. Right from the moments of inception, the blockchain has been developed with two things as a focus – scale and speed. The unique blockchain technology it possesses delivers industry leading…

Pros
  • Transactions of Nem are traceable and there is buyer and seller protections at work.
  • Energy efficient – any computational resource necessary for any action within the network is hundrets of times less intensive than running a node on a different network like Bitcoin
  • Not subject to inflation – all of the coins were generated with the Genesis block, which leaves no opportunity for inflation to occur
Cons
  • Network possesses is then main con of Nem, that it lacks the technology and flexibility of other networks like Ethereum.
  • Bad marketing strategy – maybe the biggest flaw of them all
  • Poor community – while it is active, they are not informed well and the reports for activity are lacking

Revainrating 4 out of 5

Nem review

The New Economy Movement is a solution for impending blockchain technology. The New Economy Movement (NEM) is quite unique for a number of reasons. The primary reason is that it is the first cryptocurrency to design the code from scratch after the bitcoin. The other factors which make it unique and different and stand out from the other cryptocurrencies such as versatility, stability, and a consensus system. The NEM was initially started as the fork of the NXT. But later it created its own…

Pros
  • The process which is involved in obtaining the NEM coins is known as harvesting. The NEM platform does not mine its coins unlike Bitcoin and various other cryptocurrencies. This system which is designed by the NEM will notify the users every time a transaction is processed on the network and generate a block. The transaction fees go to the user when someone generates a block with 10000 coins.
  • The interface of NEM is quite adaptable and also compatible with various most popular programming languages such as C++ and Java.
Cons
  • Some of the major drawbacks with every cryptocurrency remains the same. These include the danger of always losing the keys to the NEM wallet and getting involved some type of fraud. There is no consumer protection on the NEM network. The risk related to anonymity and high volatility cannot be overlooked as well.

Bitcoin has suffered numerous transaction spam attacks whereby attackers flooded the network with small value transactions resulting in the Bitcoin network grinding to a halt. NEM has spam protection in built that kicks in when its blocks are full. The network detects these 'attackers' and makes transaction fees exponentially more expensive for these attackers in relation to the spam they produce while keeping other normal transactions with the normal fees.

Pros
  • NEM is a revolutionary peer-to-peer crypto platform written in standard Java and JavaScript languages from 100% original source code. NEM was started off with the ambition of making sure digital currency distribution was widespread and fair. The company did have its own share of problems administering this, but in the end, it's now among the most widely distributed coins in the cryptosphere.
Cons
  • NEM has many unique features such as multisignature accounts, encrypted messaging system, and the Eigentrust++ node reputation system. It is for these reasons that NEM is generally viewed as an evolving solution, replete with an outstanding core blockchain technology.

XEM is notorious for a hack, but the way it was cleaned up was expert-level. The NEM network is building support in the Australian and Southeast Asian markets. It has a strong community that supports it because of how great the team has been so far. This blockchain is on the level of Ethereum or NEO/GAS and uses Java-based API calls to connect to other networks. The interoperability, ease of use, and solid support makes this a great project.

Pros
  • NEM is written in Java, making it a much more accessible blockchain platform than Ethereum. Its XEM cryptocurrency is mined using Proof of Intelligence, which means you're incentivized to both hodl and participate in the network. The Eigentrust++ reputation algorithm is a great trust mechanism. Integration with Pundi X means it'll be easy to spend in some countries, and it has active dApp development. Eroiy and TravelByBit are solid projects built on NEM.
Cons
  • NEM doesn't have a lot of enterprise support, and it's not very popular in China. Its name is synonymous with the biggest cryptocurrency hack in history.

If you aim for a long-term cryptocurrency and do not mind waiting a few years, then NEM is definitely a keeper.

Pros
  • XEM is one of the safest cryptocurrency and stolen XEM can be tracked back to its the previous owner. It is a extremely secure coin. Prior to many cryptocurrency companies NEM is trying to enter the detail industry, and have recently launched its own payment system so XEM can actually be used in reality. In my opinion NEM have one of the best e-wallets. NEM have is also assisting real life industries to make it easier for companies to deal with logistic tracking and administrative tasks. According to World Economic Forum, future jobs article: The administrative section will suffer most as technology advancement will replace people. Will NEM see the raise of Smart Asset in the future? I believe so.
Cons
  • There used to be more news with current projects and whereabouts. I miss that part. I know NEM are working on the technology opportunities, but I believe marketing and spreading awareness is as important, especially for newcomers.

The team is very active with news on social media, they are very active on different conngresses. When the market explodes I see NEM on top 5 five coins like in Q4 2017.

Pros
  • NEM team is working good they just signed a mou with the United Arab Emirates’ (UAE) Ministry of Community Development. They already announced a lot partnerships
Cons
  • They have a bit slow block transfers against new projects

Revainrating 5 out of 5

Unique algorithm POI at which coins are fairly distributed between all…

Unique algorithm POI at which coins are fairly distributed between all participants is used. The coin showed not bad growth. Conclusions: a reliable coin for investments.

Pros
  • Primary benefits of this coin its classical decentralisation based on Blockchain, reliability and safety Nem also is guaranteed also it checked up by time as this cryptocurrency already more than two years. Generation rate of the block too at good level, it makes 60 seconds. Pleases the convenient interface of purses of this coin.
Cons
  • I do not see the big diligence of the command of developers in competitive activity.

Revainrating 3 out of 5

NEM is currently facing setbacks which is common to almost all…

NEM is currently facing setbacks which is common to almost all cryptocurrencies at the moment. With the growth NEM recorded in the last quarter of 2017 and given the level of input put in by the technical team of NEM, it will only take a while before NEM skyrockets again. Before the end of 2018 the XEM is likely to be worth over $2. I have an opinion divided on Nem. I respect the fact that it solves some issues in real life, but this token isn't a deal-breaker to me.

Pros
  • Mijin and the proof of importance features on Blockchain has been redefined by Xem and the team behind this wonderful project.
Cons
  • In a trader view, this token is the least talked about from the top coins as prospect and for longer hodl, but atleast it solves a use case for the core cryptonists

Revainrating 5 out of 5

NEM (cryptocurrency) NEM is a peer-to-peer cryptocurrency and blockchain…

NEM (cryptocurrency) NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. ... NEM technology allows multiple ledgers to coexist on one blockchain. Thanks to NEM Smart Assets users can create mosaics which can represent any asset (e.g. currency).

Pros
  • Crypto harvesting / Mining, which is a game changer for me.
Cons
  • I think the supply, fixed at almost 9Billion tokens is a turn off. One doesn't have to look above price during reviews, but that's something major to ponder on

Smart Asset Blockchain Designed for Performance "- NEM's tagline perfectly combines it with a new block chain that opens up a wide variety of options for building better and improved block systems - NEM directly hits the pain points of existing blocks - network congestion, etc. It also tries to marry the much needed private and public blocks, making it a suitable candidate with a wider adoption potential in the future

Pros
  • Nem offers seamless ability to interact between public and private blocks. It makes it easy to transfer all digital assets - such as coupons, contracts, or files - to a private company's internal network, whose purpose is to publicly block and finally to a private network to another business. Today, you can not transfer money directly from your Paypal account to a Venmo account. NOT private, so that public interaction with the blocks can make such transfers, provided that all stakeholders agree.
Cons
  • Just like most cryptocurrencies out there, all they have is good name, nice website with an over bloated marketcap with no real product to justify such massive growth

Revainrating 5 out of 5

NEM is good financial blockchain for business. It is fast, with high TPS…

NEM is good financial blockchain for business. It is fast, with high TPS, their POI alghoritm look good, but in overall project is slowing nowadays

Pros
  • up to 4000 transactions per second, so it is operational efficiently . possibility of mining on your own computer (after bagging 10000XEM). very good for businesses to build their network on this blockchain. NEM has his own wallet.
Cons
  • not the best communication with the community, also only a few updates with unclear solutions

Revainrating 5 out of 5

Conceptualized in January 2014 and launched in March 2015, NEM is a…

Conceptualized in January 2014 and launched in March 2015, NEM is a decentralized blockchain-based peer-to-peer network on which third parties can build their own applications, including cryptocurrencies and crowdfunding tokens. NEM offers both public and private (Mijin) blockchains.

Pros
  • The features of Harvesting blocks and proof of importance
Cons
  • Slower block transfers and they lack real team marketers needed to rival other top Blockchain projects

Revainrating 5 out of 5

NEM is unique for its 1 minute block time, its proof-of-importance (POI…

NEM is unique for its 1 minute block time, its proof-of-importance (POI) algorithm, and its multisignature accounts, among other unique innovations. Today, the NEM blockchain software has been implemented in uses beyond cryptocurrency. It’s best known for being used in a commercial blockchain called Mijin, for example, which is currently being used by financial organizations in Japan and around the world.

Pros
  • Price volatility and price of nem is a major pro as its supply is very moderate and in check
Cons
  • Similar Crypto projects might look to bounce them off if their marketing team don't consider to put more efforts.

One of the quieter cryptocurrencies near the top of the market capitalization list is NEM, which stands for New Economy Movement.* Its token, XEM, is consistently a popular asset for ‘platform lovers’. NEM itself is a blockchain technology, much like Ethereum, with its base token being XEM. XEM performs the same functions on the NEM blockchain as ETH does on Ethereum. Other tokens could potentially be launched on NEM and even have a higher value than it does, depending on their application.

Pros
  • Proof of Importance as oppose to other methodologies used by most Crypto projects
Cons
  • The team and the marketing behind NEM aren't really putting much effort as oppose to what other projects in this same calibre do. I see this as a stumbling block in the near future.

Unlike many altcoins, NEM is surprisingly 3 years old by now. Launched in 2015, the coin is today quoted as a ‘sleeping giant of cryptocurrency.’ This means, having all potential to stand strong against Bitcoin at crypto markets. The idea behind developing NEM was to advance ‘what blockchain is currently capable of.’ With new features and technological benefits, this revolutionary blockchain platform is having a single aim and it is to power and more power the Blockchain community.

Pros
  • PotentialLy a sleeping giant that will help to solve most Blockchain issues that Bitcoins is not able to solve
Cons
  • The marketing for this project is simply very bad and not as potent as other top coins