Review on NEM by Diane Tailor
NEM Project
The NEM project with XEM currency is one of the most popular cryptocurrencies created with the help of C ++ programming language, which is one of the most widely used languages for blockchain design.
Mining this network is different from Bitcoin and Ethereum and it is called Harvest.
NEM deducts only 0.01% commission for each transaction. This leads us to say that the NEM blockchain is one of the lowest paid blockchains, which is great. Of course, there are other blockchains that have lower fees and even no fees, but NEM also has a good fee compared to traditional currencies.
In general, if I want to say something about this famous blockchain and its cryptocurrency, NEM blockchain is open source with high speed, transparency and low fees, and due to the continuous activity of project managers on it, one of the best projects can be in years. Be the future.
Pros
- Relatively low fees compared to traditional currencies
- The duration of XEM transactions is about 20 seconds per transaction. This is the shortest time possible
- NEM Blockchain is a completely transparent project as well as open source. Any Fordow or individual or company can test and use this project without the need to build trust.
Cons
- It is a very popular project, but in the Coinmarketcap ranking it is not even among the top 20 currencies
