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Creator - Numerous
Date launched - June 2014
Algorithm - Proof-of-Importance
NEM is based on the philosophical concepts, that arguably served as an inspiration for the Bitcoin’s creation: by implementing the innovative Proof-of-Importance, which distributes awards based not on the sacrificed amount of computational capacity or the size of a user’s stake, but on their actual involvement in the network’s life, NEM seeks to achieve the goals of equality, financial freedom and decentralization, seemingly abandoned by the Bitcoin network, split between several large players and unavailable to take part in by your Average Joe.
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NEM launched its Blockchain center in Malaysia in partnership with Malaysian Digital Economic Corporation (MDEC), the government’s branch for its digital effort...
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On June 15, the cryptocurrency market experienced a major market correction as the value of leading cryptocurrencies including bitcoin, Ethereum, Ripple, Ethere...
EcoBit’s ICO has already raised almost $5 million towards what will be a Blockchain conservation project lasting at least 30 years.
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At 11:00 GMT+2 on Thursday, Bitcoin crossed the $2,400 line by appreciating 10.22 percent and recording a market price of $2,419.
The despair that gripped the crypto market last week appears to be over.
On May 25, cryptocurrency trading volume hit $4.3 bln. Bitcoin, Ethereum, Ripple, Ethereum Classic, Litecoin and NEM drove the cryptocurrency trading volume to ...
Ethereum Classic has become the fifth largest cryptocurrency in the world after surpassing the market cap of Litecoin.
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