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Global ratings 239
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Type of review

Revainrating 4 out of 5

I can see that this project is moving and is very promising

I can see that this project is moving and is very promising

Pros
  • I love the fact that everything performed in the NEM blockchain is much more faster than other blockchains
Cons
  • My singular problem is with the windows and Androif wallet. These two wallets have aren't good enough. I remebered it took about 3 months, untill i consulted a technicain before i could get the Nem Nano windows version installed on my system. Apps built on this platform should not be as problematic as this since what it stands for is fastness and robustness

Revainrating 4 out of 5

It has innovative utilities that are are notable and promising achievements.

It has innovative utilities that are are notable and promising achievements.

Pros
  • NEM has a notable team and associate themselves with very good partnerships. NEM is centred around Japan, a country at the forefront of cryptocurrency legislation development which helps them for easier adoption
Cons
  • Although it has some unique qualities, it is still arguably just another smart contracts platform that is marketed differently. Therefore, there is no guarantee that its differences will make enough of an impact to outperform its competitors.

Revainrating 5 out of 5

NEM is a technically reliable currency that started in 2014 . it has many…

NEM is a technically reliable currency that started in 2014 . it has many unique features that makes it stand out and I hope this currency works better in the future. It is equipped with an intelligent asset system, a fully adaptable block circuit and a fully open source that provides greater flexibility. Unlike another blocked block solution, the NEM intelligent asset system does not require dedicated central software, and the network is used as a server for API gateways.

Pros
  • NEM is more than a cryptocurrency . This is a revolutionary platform based on Blockchain technology, which recreates the perfect Blockchain from scratch. NEM not only allows data transfer between partners, but also much more, as it stores data, authenticates, creates domain registration e.t.c
Cons
  • Nem needs to increase there marketing budget or change it's current strategy as there seems to be no information about there updates on the media for some period now

Revainrating 5 out of 5

The NEM technology is developed under the Test Driven Development (TDD…

The NEM technology is developed under the Test Driven Development (TDD) methodology. This methodology concentrates all efforts to meet the pre-established requirements before beginning to implement the technology, ensuring that each small piece of code has been created to meet one of these requirements or tests, and to avoid inefficiencies and unnecessary code.

Pros
  • NEM uses a multi-signature system for its transactions. This means that several signers are required to validate a transaction on the Blockchain. This is important on the one hand to prevent the money from being lost in case of loss of wallet through a hack. But also because it prevents abuse of funds held by the community.
Cons
  • To use NEM it is necessary to download the NCC community client, then the node connects to the peer-to-peer network and acts as a gateway to the NCC. But it is possible to simply download the NanoWallet. In addition, the Wallet is compatible with Windows, Linux, OSX and others …

Revainrating 4 out of 5

NEM works through a customized version of the Eigentrust ++ algorithm. But NEM…

NEM works through a customized version of the Eigentrust ++ algorithm. But NEM developers have decided to create a completely new code base. The system that NEM uses is the proof of importance (POI), unlike the proof of work that uses Bitcoin for example. This means that the knots are measured on the quality of the work provided and not on the quantity. This is the technique that protects the network.

Pros
  • NEM has set up a rewards system called Supernodes. It is through this system that the NEM Foundation rewards people who manage very active nodes. As a result, users with 3 million XEM receive 140000 XEM reward, divided by the total number of Supernodes daily and requiring the execution of Supernodes. In addition, to receive the reward, the user must meet the minimum requirements of the NEM Foundatio
Cons
  • As Ethereum is widely accepted and has no significant drawbacks now, it is hard to see people switching to NEM. The number of users is something to concern about.

Revainrating 3 out of 5

Today, NEM is undergoing development of an upgraded core technology called…

Today, NEM is undergoing development of an upgraded core technology called “Catapult”. Catapult will power mijin in the first phase and become implemented into the NEM public chain subsequently during 2017.

Pros
  • I think in whole cryptomarket i like the blockchain is very better of nem ,great blockchain system. trading system is awesome , the transaction technology is really awesome really well planned trustfulll project.
Cons
  • Harvesting in NEM is analogous to mining in blocklchains like Bitcoin. It serves the same purpose of processing transactions and creating blocks in exchange for a reward in native cryptocurrency. I meassure adoption in tx on the chain so it may be that many are building on nem but right now, they’re not actually using nem because we’re not seeing an increase in.

Revainrating 4 out of 5

NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March…

NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. Written in Java, with a version in the works, NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an Eigentrust reputation system. The NEM blockchain software is used in a commercial blockchain called Mijin, which is being tested by financial…

Pros
  • Have its own wallet (the Nano wallet, simply click and download). It can be set up quite simple and fast(uses your browser window to open the wallet), but still not that user friendly for generic public. (A quick demo video)
Cons
  • NEM, like most of other cryptocurrency networks, is a peer-to-peer (p2p) network. P2P networks have the great advantage over centralized networks in that they are robust against failures of some nodes since eliminating some parts of the network doesn’t interrupt the operation. However, they are not flawless

Revainrating 5 out of 5

Good

Good

Pros
  • Nice
Cons
  • Great

Revainrating 5 out of 5

NEM is the first project to make use of the rich information in the…

NEM is the first project to make use of the rich information in the transaction graph to perform a task central to blockchain technology. The importance scores are based on the actions of an account over time and thus are a form of reputation. This allows importance scores to be applicable to much more than blockchain consensus, and NEM uses them for network spam protection and also the P2P time service

Pros
  • NEM is also the first Blockchain with Delegated Harvesting (secure proxy mining), protection against localized spam, Eigentrust ++ for reputation management between node pairs and customizable multi-signature m-of-n accounts with Blockchain-based alerts.
Cons
  • In fact, anyone can run an NIS server but there is no incentive for individuals to run a server node. The fact that it’s not incentivized for users to run a server is quite problematic if a long-term sustainable solution is not offered.

Revainrating 4 out of 5

NEM(XEM) is something more than a cryptocurrency or a new altcoin; it’s a…

NEM(XEM) is something more than a cryptocurrency or a new altcoin; it’s a revolutionary platform based on Blockchain technology, re-imagining from scratch the ideal Blockchain. NEM not only allows peer-to-peer standard transfer transactions, but it also does much more like stores data, authenticates identity, stamps documents by date and time, build domain registry systems and creates new digital assets

Pros
  • The security of NEM First of all, NEM is an open source available on GitHub. Then, it has a very good protection against external attacks: if the Wallet is connected only to the NIS, it is almost impossible to penetrate. Similarly if the public NIS is hacked, it is impossible for the hacker to directly attack the portfolio software. This gives increased security.
Cons
  • Servers are actually running the core program in which transactions are validated and verified and maintain the blockchain. A list of all the servers can be seen on the NEM NodeExplorer. The average number of online servers is currently 109 (at the time of writing), which is significantly low

Revainrating 5 out of 5

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. Over time, it is likely that more and more interesting projects will be built on NEM. It is therefore a cryptocurrency to follow…

Pros
  • Have a special messaging feature. No XEM needs to be sent in order for a message to be sent. Transaction fee of sending a message is also calculated in a different way(low cost compared to traditional messages that can be added in a block). For unencrypted messages, it charges 1 XEM for every 32 charactersm while the price for encrypted messages varies.
Cons
  • P2P networks also have their share of disadvantages. The participants of the network are anonymous and anyone can join. This makes it very easy to inject hostile nodes into the network that spread invalid information or try to disturb the network in some way.

Revainrating 5 out of 5

NEM was started by a Bitcoin Talk forum user called UtopianFuture who was…

NEM was started by a Bitcoin Talk forum user called UtopianFuture who was inspired by Nxt. The initial plan for NEM was to create a fork of NXT, but this was eventually dismissed in favor of a completely new codebase.[8] Starting on January 19, 2014, an open call for participation began on the Bitcointalk forum. The goal of the call was to create a community-oriented cryptocurrency from the ground up.

Pros
  • Use the new Proof of Importance(PoI) algorithm: Compared with Proof of Work depending totally on hardware mining abilities, this algorithm takes into account how many transactions are made and the total token amount in an address. This incentivizes coin holders to carry out transactions, which helps the growth of the network in the long term.
Cons
  • As Ethereum is widely accepted and has no significant drawbacks now, it is hard to see people switching to NEM. The number of users is something to concern about.(I personally will stick to Ethereum for development, but will keep an eye on NEM.)

Revainrating 5 out of 5

NEM is a blockchain based platform launched in 2015 by a Japanese company…

NEM is a blockchain based platform launched in 2015 by a Japanese company called comsa, which has a stated purpose for a broad distribution model, and features such as a POI, multiple subscriptions, encrypted messages, and a system for reputation. XEM is the natural cryptomime of the NEM blockchain platform.

Pros
  • NEM is about to release XPOS devices in collaboration with pundix of various commercial companies to make the existing NEM transaction system more efficient. Catapult is an upgraded block engine for Minjin that is being developed and will be used to power both the private and public blocks in the NEM network.
Cons
  • They have complicated NEM wallets.The wallet misbehaves every now and then and the support must be more active to solve issues

Revainrating 4 out of 5

according to me the nem is good and trustfull project with nice benifits…

according to me the nem is good and trustfull project with nice benifits. trading can be very nicely done in this and team support is also good

Pros
  • besically every coin if we see have some new and special features that is how nem is also a good project with my benifits like it is really good in trading . also good in transaction. trustfull project with nice blockchain
Cons
  • as every coin have some special features like that the some cons are also present in this we can find the wallet problems .system is hard to understand

Revainrating 5 out of 5

NEM was written in Java, and a C++ version is in progress. The NEM blockchain…

NEM was written in Java, and a C++ version is in progress. The NEM blockchain uses an original consensus mechanism called Proof of Importance. XEM cannot be mined. The total finite sum of 8,999,999,999 XEM was distributed to stakeholders upon project launch. XEM are either bought, or earned as a reward for 'harvesting', i.e. processing transactions Unlike other blockchains and institutions, the NEM blockchain does not instrinsically support smart contract.

Pros
  • NEM Universal APIs are very easy to use and are very well documented. Your calls can be made safely by pointing to an NIS using the methods in this documentation. Because of this easy integration, companies can build Blockchain applications with their current development teams, without hiring and training new developers and expanding their infrastructure in a costly manner.
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.

Revainrating 5 out of 5

NEM is a production ready Blockchain platform and has been tested by many…

NEM is a production ready Blockchain platform and has been tested by many companies and institutions. Its features and contracts are ready out of the box with no need for developers to write complicated contracts from scratch. These facts make this ecosystem one of the best choices for implementing Blockchain applications in this early stages of the Blockchain revolution. I like this project

Pros
  • NEM has a two-tier architecture, which puts special attention to security. These two layers (server and client) consist of the NIS (NEM Infrastructure Server) and the wallet or light clients. Wallets securely connect to an NIS to execute and log transactions, without having to download the entire Blockchain, or even a truncated version, thus allowing a much better user experience. The main wallet on NEM is the NEM NanoWallet, but there are at least a dozen other projects that allow transactions and interactions with the NEM blockchain, all using its APIs.
Cons
  • I can only speak for myself but here’s why I reacted mostly allergic to cache. I have no problem with catapult being open-source right now, I have no problem with what cache is doing. My frustration is solely with nem’s progress in terms of adoption. I meassure adoption in tx on the chain so it may be that many are building on nem but right now, they’re not actually using nem because we’re not seeing an increase in tx.

Revainrating 4 out of 5

When I found NEM I knew that we had found the blockchain platform that would…

When I found NEM I knew that we had found the blockchain platform that would take blockchain to the world. It wasn’t overly apparent at first, but I’m a technologist and look deeply into the tech. NEM was a diamond in the rough. That was months ago

Pros
  • NEM (XEM) cryptocurrency is traded on most popular cryptocurrency exchanges, so there won't be many problems to find an exchange for buying or selling the XEM tokens. Among the major exchanges thee are Upbeat, HitBTC, Bithumb, Consumer, Zaif and exchangers, such as Changelly.
Cons
  • Missing features are: state cache for public chain (part of bison milestone) changes in mosaic handling and fees PoI (TBD) state tree (also part of bison) delegated harvesting and generally account properties - cow milestone

Revainrating 5 out of 5

NEM is a peer-to-peer blockchain platform for app developers. Its native…

NEM is a peer-to-peer blockchain platform for app developers. Its native cryptocurrency is the XEM. Its code was created from scratch in Java by the New Economy Movement (NEM), which seeks to build a new economy based on the principles of financial freedom, decentralization, equality and solidarity. So I think it will grow very fast in the near future

Pros
  • The NEM platform is meant to offer blockchain solutions to entrepeneurs and businesses. It is meant to be easy to use, without a need for programming. It is designed for speed and scaleability, not for secrecy, which is why it has been described as being a contender to Visa, Paypal and Mastercard rather than a project for anonymity.
Cons
  • Harvesting in NEM is analogous to mining in blocklchains like Bitcoin. It serves the same purpose of processing transactions and creating blocks in exchange for a reward in native cryptocurrency. The significant difference between mining and harvesting is that the latter does not need any specialized, high-energy-consuming hardware. When users broadcast transactions to the network, they pay a low transaction fee that goes towards supernodes. Supernodes are nodes that process payments on the network in order to obtain a reward in XEM (i.e. supernodes are nodes that harvest). Users must have at least 10,000 XEM in their wallet in order to harvest, and 3 million XEM in order to become a supernode. I feel it is not cheap

Revainrating 5 out of 5

The NEM platform is meant to offer blockchain solutions to entrepeneurs and…

The NEM platform is meant to offer blockchain solutions to entrepeneurs and businesses. It is meant to be easy to use, without a need for programming. It is designed for speed and scaleability, not for secrecy, which is why it has been described as being a contender to Visa, Paypal and Mastercard rather than a project for anonymity.

Pros
  • NEM (and its official currency XEM) is something more than a cryptocurrency or a new altcoin; it’s a revolutionary platform based on Blockchain technology, re-imagining from scratch the ideal Blockchain. NEM not only allows peer-to-peer standard transfer transactions, but it also does much more like stores data, authenticates identity, stamps documents by date and time, build domain registry systems and creates new digital assets
Cons
  • Negative for NEM is closed source and not knowing what clearly lies ahead. NEM is especially popular in the Japanese market, said to be second only to Bitcoin. The director of NEM Japan is Zaif CEO, Takao Asayama. It has not developed in many countries

Revainrating 4 out of 5

NEM suddenly shot into prominence from June 2017 onwards when the currency’s…

NEM suddenly shot into prominence from June 2017 onwards when the currency’s price received a major boost. NEM prices went from $0.2 in early December to $2.03 in early January – this is when the currency shot to prominence and suddenly caught the eye of a number of investors. However, the markets have since slowed down, but the interest in NEM continues.

Pros
  • AbacasXchange – NEM blockchain-powered, universal asset exchange to trade any asset, anywhere, anytime. Adara – Intelligent blockchain financial ecosystem. ATUM – The most advanced decentralized exchange. Bankorus – The Bankorus protocol is an open-source API built on the NEM blockchain, so it’s highly efficient and protected by the latest cryptography. Dimcoin – Trade shares on blockchain for the first time with DIMCOIN and the DIM Ecosystem
Cons
  • NEM prices have dropped down to a low of $0.34 – a three-month low, but the currency continues to fight back. NEM, with a market cap of $3.0 Billion is currently ranked #13 in the list of cryptocurrencies by market cap. So I am quite concerned about its competitiveness