This portrait is made from available online data and is information only. Please read the disclaimer*.
What is Nem ?
Nem (New economy movement) is a dual-layer decentralized blockchain supporting multiple ledgers with a NEM Smart Asset system, where network nodes process API calls. which makes it easy to develop dapps.
Nem is written in Java which makes it attractive for many develops already familiar with this popular language.
Nem also has an encrypted P2P messaging system. The ecosystem resp. movement is founded and based on an active community.
XEM is the native currency of the NEM public blockchain that is used to pay for transactions in order to incentivize its network of public nodes processing and recording transactions. NEM users determine their importance (proof-of-importance consensus) by the number of coins they own and the number of transactions of their wallet. Being active and important for the ecosystem means harvesting XEM coins as a reward.
|blockchain:||own / public|
|consensus algorithm:||proof-of-importance (POI)|
|usability:||universal smart contract and dapp platform|
|launch date:||Apr 2015|
|coin / max supply:||XEM / 9 bill.|
|wallets:||all multi currency wallets and special Nem XEM wallets|
Nem on recommended exchanges*
Where to buy and trade Nem. XEM is available on most crypto exchanges globally. This is a small choice of some of the leading crypto exchanges:
Klick to find all important information about the leading crypto coins and token in a nutshell:
Multi currency wallets
Multi currency wallets can store different kinds of coins and tokens, mostly all the leading coins, Ethereum ERC20 token, Neo NEP5 and Binance BEP2 token and many other coins and token.
The most advanced wallets offer staking and exchanging or swaping too.
|Atomicwallet||Trust wallet||Coinomi wallet|