Pros
- low use of resources unlike bitcoin. is listed in important Exchanges. To harvest this currency you do not need advanced computers.
Cons
- it's a network from scratch that makes certain components under test
Pros
- On nem's blockchain, we can create our own token, NEM also has many established business partnerships, NEM blocks complete every 60 seconds, NEM’s architecture provides an incredibly secure and stable platform
Cons
- the team of nem is anonymous and hidden, in market their are so many great project than nem
Pros
- - NEM has high TPS making it able to handle 4000 transactions per second - Being operational efficiency, NEM allows business to build their network on this blockchain by the implementation of a domain name system called "namespace" - Using a new algorithm called "Proof of Importance" which focuses on the volume of transactions and, XEM incentivizes the holders to grow the network by carrying out as many transactions as possible - NEM has its own wallet which is available on a lot of platforms - NEM has a unique messaging function - A holder who has a bag of 10000 XEM or more can start mining with a normal computer - It has already been a working blockchain which is a protocol for a number of Dapps to run on
Cons
- - NEM has very few updates for its blockchain these days and a few solutions have their information unclear - Besides, the team behind it does not often communicate with the community.
Pros
- Transactions of Nem are traceable and there is buyer and seller protections at work.
- Energy efficient – any computational resource necessary for any action within the network is hundrets of times less intensive than running a node on a different network like Bitcoin
- Not subject to inflation – all of the coins were generated with the Genesis block, which leaves no opportunity for inflation to occur
Cons
- Network possesses is then main con of Nem, that it lacks the technology and flexibility of other networks like Ethereum.
- Bad marketing strategy – maybe the biggest flaw of them all
- Poor community – while it is active, they are not informed well and the reports for activity are lacking
Pros
- The process which is involved in obtaining the NEM coins is known as harvesting. The NEM platform does not mine its coins unlike Bitcoin and various other cryptocurrencies. This system which is designed by the NEM will notify the users every time a transaction is processed on the network and generate a block. The transaction fees go to the user when someone generates a block with 10000 coins.
- The interface of NEM is quite adaptable and also compatible with various most popular programming languages such as C++ and Java.
Cons
- Some of the major drawbacks with every cryptocurrency remains the same. These include the danger of always losing the keys to the NEM wallet and getting involved some type of fraud. There is no consumer protection on the NEM network. The risk related to anonymity and high volatility cannot be overlooked as well.
Pros
- NEM is a revolutionary peer-to-peer crypto platform written in standard Java and JavaScript languages from 100% original source code. NEM was started off with the ambition of making sure digital currency distribution was widespread and fair. The company did have its own share of problems administering this, but in the end, it's now among the most widely distributed coins in the cryptosphere.
Cons
- NEM has many unique features such as multisignature accounts, encrypted messaging system, and the Eigentrust++ node reputation system. It is for these reasons that NEM is generally viewed as an evolving solution, replete with an outstanding core blockchain technology.
Pros
- NEM is written in Java, making it a much more accessible blockchain platform than Ethereum. Its XEM cryptocurrency is mined using Proof of Intelligence, which means you're incentivized to both hodl and participate in the network. The Eigentrust++ reputation algorithm is a great trust mechanism. Integration with Pundi X means it'll be easy to spend in some countries, and it has active dApp development. Eroiy and TravelByBit are solid projects built on NEM.
Cons
- NEM doesn't have a lot of enterprise support, and it's not very popular in China. Its name is synonymous with the biggest cryptocurrency hack in history.
Pros
- XEM is one of the safest cryptocurrency and stolen XEM can be tracked back to its the previous owner. It is a extremely secure coin. Prior to many cryptocurrency companies NEM is trying to enter the detail industry, and have recently launched its own payment system so XEM can actually be used in reality. In my opinion NEM have one of the best e-wallets. NEM have is also assisting real life industries to make it easier for companies to deal with logistic tracking and administrative tasks. According to World Economic Forum, future jobs article: The administrative section will suffer most as technology advancement will replace people. Will NEM see the raise of Smart Asset in the future? I believe so.
Cons
- There used to be more news with current projects and whereabouts. I miss that part. I know NEM are working on the technology opportunities, but I believe marketing and spreading awareness is as important, especially for newcomers.
Pros
- NEM team is working good they just signed a mou with the United Arab Emirates’ (UAE) Ministry of Community Development. They already announced a lot partnerships
Cons
- They have a bit slow block transfers against new projects
Pros
- Nice work
Cons
- Good job
Pros
- Primary benefits of this coin its classical decentralisation based on Blockchain, reliability and safety Nem also is guaranteed also it checked up by time as this cryptocurrency already more than two years. Generation rate of the block too at good level, it makes 60 seconds. Pleases the convenient interface of purses of this coin.
Cons
- I do not see the big diligence of the command of developers in competitive activity.
Pros
- Mijin and the proof of importance features on Blockchain has been redefined by Xem and the team behind this wonderful project.
Cons
- In a trader view, this token is the least talked about from the top coins as prospect and for longer hodl, but atleast it solves a use case for the core cryptonists
Pros
- Crypto harvesting / Mining, which is a game changer for me.
Cons
- I think the supply, fixed at almost 9Billion tokens is a turn off. One doesn't have to look above price during reviews, but that's something major to ponder on
Pros
- Nem offers seamless ability to interact between public and private blocks. It makes it easy to transfer all digital assets - such as coupons, contracts, or files - to a private company's internal network, whose purpose is to publicly block and finally to a private network to another business. Today, you can not transfer money directly from your Paypal account to a Venmo account. NOT private, so that public interaction with the blocks can make such transfers, provided that all stakeholders agree.
Cons
- Just like most cryptocurrencies out there, all they have is good name, nice website with an over bloated marketcap with no real product to justify such massive growth
Pros
- up to 4000 transactions per second, so it is operational efficiently . possibility of mining on your own computer (after bagging 10000XEM). very good for businesses to build their network on this blockchain. NEM has his own wallet.
Cons
- not the best communication with the community, also only a few updates with unclear solutions
Pros
- The features of Harvesting blocks and proof of importance
Cons
- Slower block transfers and they lack real team marketers needed to rival other top Blockchain projects
Pros
- Price volatility and price of nem is a major pro as its supply is very moderate and in check
Cons
- Similar Crypto projects might look to bounce them off if their marketing team don't consider to put more efforts.
Pros
- Proof of Importance as oppose to other methodologies used by most Crypto projects
Cons
- The team and the marketing behind NEM aren't really putting much effort as oppose to what other projects in this same calibre do. I see this as a stumbling block in the near future.
Pros
- PotentialLy a sleeping giant that will help to solve most Blockchain issues that Bitcoins is not able to solve
Cons
- The marketing for this project is simply very bad and not as potent as other top coins
Pros
- Best project
Cons
- Best project
