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Oloruntobi Ajilore photo
Lagos Nigeria
1 Level
17 Review
0.25 Karma

Review on NEM by Oloruntobi Ajilore

Revainrating 4 out of 5

NEM is the blockchain of the people by the people.

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Pros
  • There is profit share model when you hold XEM and exchange with other cryptocurrencies
  • The security parameters are topnotch as it boast of no hack in its record .
  • NEM uses Smart Asset System
  • Highly secured platform
  • It uses a blockchain based cloud platform with a NEM infrastructure server NIS which makes but it secured and transaction fast
  • There is multi -signature functionality
Cons
  • NEM uses acronymic names , so its not users friendly like ethereum
  • Its marketing needs improvement
  • Not popular in China
  • It can not be mined
  • It constantly compete with ethereum

Comments (2)

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May 13, 2020
Nem was written in Java, and a c++ version is in progress. It movement was created to build a new economy based on the principal of financial freedom, decentralization equity and solidarity. It popular in Japanese market, said to be second only to Bitcoin.
May 11, 2020
Revain is an honest platform for the the blockchain era. It is powered by blockchain technology. It prevents stakeholders from tampering and deleting reviews, and rewards users for quality feedback. Its slogan 'reinventing reviews' is really fitting.

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