NEM was a blockchain platform launched in March of 2015. At the time it was one of the pioneers of the industry and sought to improve on the imperfections found on other chains at the time. It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++. Its most notable contribution, however, was the PoI consensus mechanism which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake. Its client, NIS, is written in Java. Today, NEM remains a highly-traded cryptocurrency. Current development is centered around NEM's merge with another blockchain platform: Symbol.
$0.04041 – $0.04169
52 Week Range
$0.0387 – $0.23733
All Time High
% down from ATH
Days since ATH
Nem (XEM) on the rise today
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Tezos and NEM used in the Digital Euro Experiment by the ECB
The European Central Bank (ECB) has recently published a report covering the Digital Euro experiment that was launched in September 2020 by the Eurosystem’s High-Level Task Force on Central Bank Digital Currency. This experiment used a tiered model, and it was the Tier 2 the one which was made of multiple coexisting and interoperable systems,...