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Review on NEM by Andrea Fried

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.

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