Review on NEM by Eve Vallenilla

Developers face greater challenges every day in terms of the design of applications that surpass the utilities and versatility of previous solutions. For this, creators need to use the appropriate infrastructure that allows them to access the ideal conditions to easily create innovative technological products.

In this sense, the NEM platform offers a solution that simplifies the work of creators by allowing them access to virtual machinery without the need to use special programs or computer resources, in order to build new applications easily and simply.

How does this mechanism work?

The creators make use of the servers or intelligent applications of the NEM network to mold them according to the needs of the products to be designed. This versatility used in coordination with the storage capacity of the Addresses used by NEM in wallets and other applications allows developers total autonomy for their creations.

What other qualities does the NEM platform possess?

• NEM employs a mining consensus protocol known as Proof of Importance, which gives prominence to nodes rather than miners with sophisticated equipment. This consensus considers the reputation of the most active nodes and the communication between them.

• Global access to native currency mining. This allows anyone to be part of the mining team, even if they do not own a large computer equipment.

• Ability to handle a large volume of business operations per second

• Offers flexibility in building non-custodial applications

• Dispenses with the use of complex programs and computer languages with difficult interface

• There are no limitations to develop applications using only NEM virtual machinery