Beginner’s Guide – NEM (XEM) Cryptocurrency Review

Beginner’s Guide – NEM (XEM) Cryptocurrency Review! Initially meant to be a fork of NXT, the community chose to go with an entirely new codebase with a alpha version released June 25, 2014, and the first stable release March 31, 2015.

The NEM.io Foundation is a non-profit organization founded in Singapore with associates across the planet. The Foundation has been dedicated to the ongoing evolution of NEM blockchain technology along with the promotion of a vibrant ecosystem of NEM consumers and programmers in governments, academia, industry along with the public at large. Beginner’s Guide – NEM (XEM) Cryptocurrency Review

NEM has a stated goal of a broad distribution model, and it has introduced new features to blockchain technologies such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, along with an Eigentrust++ standing system. The NEM blockchain software is employed at a commercial blockchain named Mijin, that is being tested by financial institutions and private businesses in Japan and internationally.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

The NEM blockchain powers what they predict that the Smart Asset System. This system is designed to be an open, customizable blockchain solution for virtually any range of use cases built in addition to simple, effective API calls. The blockchain is procured and transactions are processed by a worldwide network of nodes running the NEM heart software and the system is employed as an API Gateway server.

NEM offers a really impressive system which promises to be a major participant in the coming blockchain powered market. The simplicity of growth, flexibility, along with One of a Kind PoI system create NEM a Very appealing platform for virtually any programmer or company that is looking to Build a blockchain alternative.

Beginner’s Guide – NEM (XEM) Cryptocurrency Review