NEM News

NEM is a Blockchain-based peer-to-peer cryptocurrency and a development platform. You can’t define NEM without mentioning its innovative consensus algorithm a Proof-of-Importance algorithm.

Every user of the NEM Blockchain that holds more than 10,000 XEM has his or her “importance score.”  Once a user gets to that threshold, every coin on the account and every transaction that was linked to the account will improve his or her importance score. Miners with a higher importance score are more likely to get a reward from mining. The POI system is designed this way to stimulate NEM users not only to have XEM coin, but also to perform transactions with it.

NEM also provides such features like Messages included in transaction that can be used for secure communication, and multi-signature transactions that protect users from hackers and secure the community-held funds.

Price Analysis
A short-term bottom for Bitcoin and altcoins may be confirmed if the bulls do not allow the recent lows to be broken during the next fall.
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, NEO, XEM
Rakesh Upadhyay
2020-09-06T19:47:00+01:00
27734
Price Analysis
Bitcoin is likely to consolidate for a few days but during this time select altcoins are likely to extend their up-move.
Top 5 Cryptocurrencies to Watch This Week: BTC, ATOM, LEND, XEM, YFI
Rakesh Upadhyay
2020-08-30T19:15:00+01:00
29620
News
A blockchain startup is leveraging the technology to protect content creators and maintain copyright over their works.
Blockchain-based IP Protection Application Gets Investment
Ting Peng
2020-08-02T16:11:00+01:00
11467
News
Lithuania’s central bank has issued a NEM blockchain-based collector token in homage to the country’s Act of Independence of 1918.
The Bank of Lithuania Released a Cryptocurrency, But It’s for Collectors
Marie Huillet
2020-07-23T10:33:00+01:00
4941
Analysis
When it comes to counterfeiting booze, wine is an easy target. Fortunately, blockchain makes a particularly good pairing with the wine market.
Blockchain Spreads Its Vines to Root Out Counterfeit Wines and Spirits
Will Heasman
2020-07-18T14:00:00+01:00
4360
News
Symbol from NEM makes blockchain solution to solve wine tampering and counterfeiting problems to save millions for the wine industry.
Enterprise Friendly Blockchain Tapping Into Wine Supply Chain Business
Ting Peng
2020-07-06T00:00:00+01:00
4945
News
FXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week.
Cryptocurrency News From Japan: April 19-25 in Review
Benjamin Pirus
2020-04-25T21:00:52+01:00
7060
News
NEM Foundation President Alexandra Tinsman announced plans to take a 6-month paid sabbatical amid large-scale restructuring of the coin’s operations.
NEM Community in Uproar as Prez Takes 6-Month Paid Sabbatical
Greg Thomson
2020-04-10T00:24:00+01:00
3393

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