1 Level
5 Review
0 Karma
Review on NEM by Johanna Eisenhower
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 closely.
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.
