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1 Level
11 Review
7 Karma

Review on NEM by Akamar Hunter

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.

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