1 Level
11 Review
-2 Karma
Review on NEM by Mardy Mason
The low supply is a game changer and helps with liquidity if the Nem coinβ¦
The low supply is a game changer and helps with liquidity if the Nem coin. This goes overboard to provide value to long term investors
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Pros
- Technology: NEM has some powerful technological advantages over rivals. By coding its own blockchain, from the ground-up, NEM exhibits efficiency stability and speed. Moreover, using Java (and soon C++) makes it more readily accessible to businesses in comparison to ETH - who's own coding language which is new and so more vulnerable to user-error. Successfully tested by Banks in Japan. Catapult release for summer 2017 which incorporates both public and private blockchains into NEM along with providing several other major features. Generally considered to be a strong cryptocurrency from a technological perspective, with a team that really know what they are doing.
Cons
- NEM does lack many of the features (and flexibility) of ETH. Will process less transactions than ETH raiden (4000/s is still pretty good).
