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NEM Coin (XEM) is a cryptocurrency made by UtopianFuture (a BitcoinTalk Forum User) in March 2015. NEM stands for New Economy Movement and it was started as a fork of NXT. However, the code has been thoroughly re-written in C++ giving rise to an entirely new codebase. It is a dual-layered blockchain solution that will power the Smart Asset Solution, a blockchain solution built on top of API calls.

The Smart Asset Solution is an innovative introduction to the blockchain space as it basically means that developers will not need to run any special NEM software as all functionality is accessed through API calls, increasing the efficiency in the development process for building dApps on the NEM blockchain. This greatly increases the flexibility for developers as it allows them to not only build dApps that can access the NEM API directly but also mix these API Calls with other server data whilst having NEM running in the background.

NEM also employs an innovative consensus algorithm that has been dubbed as Proof-of-Importance (PoI). PoI gives rise to a secure and decentralized network in which all nodes are well behaved as the system assigns an importance score that determines how often it can harvest XEM. Think of harvesting as mining; the higher a node's importance score, the more mining it can do. The importance is derived from users Vesting coins, a process where coins are locked up, similar to staking. The coins become "Vested" over time, increasing the importance score. Users need to have at least 10,000 XEM to be assigned an importance score.

In this tag you can discover NEM Coin (XEM) news, price prediction, opinion and analysis created by users.


31 Jul 2019 3 minute read 4 comments Beta Syndicate Crypto Reviews on P0x

MY 5 BEST SUGGESTIONS FOR INVESTMENT IDEAS I’m going to list 5 Cryptocurrencies that could easily be golden eggs in the crypto henhouse in the next 5 to 10 years. These will be long term investment ideas and not the quick turn and burn “it’s my money...

Buying NEM (XEM) Now Will Change The Lives | Big Pump Soon | XEM Price Analysis

19 Apr 2021 1 minute read 0 comments moon333

  For more harmonic trading ideas you can join:   Link for Binance exchange, the best place to buy or sell Crypto:


13 Jan 2021 1 minute read 0 comments KadilaK81

  Bitrue just announced that they will be participating in the XYM/XEM AIRDROP, there will be a 1:1 ratio of XYM to XEM held on the snapshot date, very similar to the XRP/FLR SPARK Airdrop in december.     The XEM token is paired with XRP and ETH so...

MyCointainer x NEM Giveaway

12 Dec 2020 1 minute read 0 comments Freecoins24

 About: MyCointainer x NEM Giveaway is live! MyContainer is platform for earning from holder coin, that is very easy for newbie on Crypto. My Container work from stake and masternode running. NEM offer flexible and customizable blockchain solutio...

XEM moves Monero and Ethereum Classic from the top of cryptocoins

6 Oct 2019 1 minute read 0 comments Binhpong2

The cryptocoin XEM, native of the hybrid blockchain NEM, experienced an unusual rebound in the dawn of this April 19 that led it to surpass Ethereum Classic and Monero in the ranking of cryptocoins .The upward trend of XEM has been continuous since m...

A Quick Overview Of NEM Project

14 Sep 2019 6 minute read 3 comments Rumi

Overview NEM іѕ а dual-lауеr blосkсhаіn ѕіmіlаr tо Etherеum but written іn Jаvа, а popular computer programming language. Launchеd оn Mаrсh 31, 2015, the NEM mаinnеt ѕuрроrtѕ multiрlе ledgerѕ оn іtѕ cryptocurrency lауеr, and the NEM Smаrt Aѕѕеtѕ lа...

XEM Snapshot for XYM airdrop delayed

11 Jan 2021 1 minute read 0 comments Mchoeti

Symbol (XYM) Airdrop has been postponed   This is a short but simple post. Today i recognized that the airdrop for XEM holders will be delayed. It seems to be that the community has voted to postpone the snapshot. A new release day is not officially...

Two airdrops in December that you shouldn't miss

27 Nov 2020 1 minute read 0 comments Jakonfire

Introducing Flare (for XRP holder) and Symbol (for NEM holder) Spark Flare’s native token is a Collateral for the trustless issuance of assets from non-Turing complete chains starting with XRPThe spark ownership secures, improves and guides the netwo...