1 Level
13 Review
2 Karma
Review on NEM by Kingsley Morgan
Nem uses "proof of importance" (POI) to know how people can harvest XEM; theβ¦
Nem uses "proof of importance" (POI) to know how people can harvest XEM; the person must have a balance of 10,000 XEM and the number of transactions she has with others and time stamp sales. This is designed to encourage NEM users to be maintained only by XEM, but not to trade alone.
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Pros
- Nem technology allows multiple books to coexist on a block line. NEM Smart Assets gives users the ability to create mosaics that can represent something (such as a currency). All NEM transactions have a trade charge associated with it.
Cons
- Nem total supply is been controlled by few people.for a decentralized cryptocurrency,it sure seems more centralized than usual.
