1 Level
6 Review
1 Karma
Review on NEM by ahmed elmaghraby
Third Generation Crypto that has all the right components, technically speakingβ¦
Third Generation Crypto that has all the right components, technically speaking, but could use more push from a marketing campaign to help public adoption
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Pros
- NEM is a peer-to-peer cryptocurrency and a blockchain platform in production since March 31, 2015. It was developed in Java language, and a version written in C ++ is being developed. Mosaics then are the basic building blocks of Smart Assets that you can use to represent lots of simple things: it could be a coin, a signature, a status update or more β you decide.
Cons
- On 26 January 2018, Japanese cryptocurrency exchange Coincheck, was the victim of a massive hack resulting in a loss of 523 million NEM coins, worth approximately $534 million. The hack only involved NEM. However responsability is on Coincheck team.
