Review on NEM by Kar Tel
The Golden NEM
It is a blockchain technology built with servicing various business enterprises in mind. The project developed from scratch, with features such as 'harvesting' and 'proof of importance'.
The cryptocurrency was developed by Bitcointalk users. User Utopian future was inspired by NXT currency. InitiaIly, the XEM coin was supposed to be a good example of NXT buh ended up with entirely a new Codebase. It is called New Economy Movement in full.
It is among the top crpytocurrency platform to watch out for as a developer.
Pros
- Secured mining model
- NEM works even beyond the fintech space
- Proven use cases
Cons
- Lack clarity
- Lack of regular updates
