1 Level
14 Review
4 Karma
Review on NEM by Gulak Adebayo
NEM is a peer-to-peer platform platform launched 2015. Written in Java with aβ¦
NEM is a peer-to-peer platform platform launched 2015. Written in Java with a version of the works, NEM has announced a goal for a broader distribution model and introduced new technology capabilities such as its POI, multiple signatures, encrypted messages and Eigentrust reputation system.
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Pros
- NEM has created a reward system called Supernodes. Through this system, the NEM Foundation rewards people who run many active nodes. As a result, users with 3 million XEM receive 140000 XEM prizes, each day divided into a super-daily column and requires running Supernodes.
Cons
- The wallet apart from being too buggy and non responsive, requires lot's of time ,data and processe complete before transactions could sync on to the network nodes
