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Review on NEM by Luca Raven
NEM is a blockchain Smart Asset solution, open and personalized for an…
NEM is a blockchain Smart Asset solution, open and personalized for an unlimited number of use cases.
Its system is flexible and has a great ease of development. As a result, its platform is extremely attractive to developers and businesses looking to create a Blockchain solution.
This system promises to be a major player in the economy of future blockchains.
Pros
- The strongest feature of this platform is that it has 1 minute of average block time, which is shockingly 10 times lowers than Bitcoin. Thus, this is competent enough to run and verify more numbers of transactions in way lesser time. Similar to other blockchain, NEM is enabled with the power of creating fresh digital assets. NEM mosaics are digital assets that introduce further properties and traits. There is an underlying mosaic definition with each and if you aim to make a mosaic definition, at least a single root namespace must be rented by an account, which will be referred to later by mosaic definition.
Cons
- The official website is still not easily understandable for standard users. Mass adoption is less likely to happen if people are not well educated with NEM’s features.
