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Review on NEM by lado sambal
NEM is a blockchain platform launched in 2015 that has a stated goal of a wide…
NEM is a blockchain platform launched in 2015 that has a stated goal of a wide distribution model and has features such as a new proof-of-importance (POI) algorithm, multi-signature accounts, encrypted messaging, and a reputation system. XEM is the native cryptocurrency of the NEM blockchain platform. Nem is to be a customizable blockchain platform for various use cases, including fintech systems, tracking logistics, ICOs, authentication etc
Pros
- NEM is a community project that has a unique and interesting consensus mechanism. Nem (xem) is a top 20 cryptocurrency by market cap now is rank 17. Now is Listed on Binance, HitBTC, UpBit, Zaif, Poloniex, etc.NEM is a blockchain platform designed with speed and scale in mind. NEM can handle 100 transactions per secondThe POI system in NEM rewards users not only based on account balance but also factor in how much they transact with other users and what accounts they transact with.
Cons
- NEM does not have a clearly defined roadmap on their website.
