NEM
NEM
XEM
NEM Timeline
NEM Token allocation
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- Feb,2022NEM introduced comprehensive cross-chain and NFT support, aiming to broaden its use cases within the blockchain industry.
- Sep,2021NEM Foundation announced the launch of NEM 2.0, further decentralizing its network and improving its performance.
- Feb,2021NEM began plans to implement cross-chain functionality, aiming to expand its presence in DeFi and NFT ecosystems.
- Jul,2020NEM launched the Catapult mainnet, improving performance, adding enhanced smart contract capabilities, and increasing transaction throughput.
- Feb,2019NEM's team announced plans for a major upgrade, "Catapult," designed to enhance system performance and capabilities.
NEM Info
- Feb,2022NEM introduced comprehensive cross-chain and NFT support, aiming to broaden its use cases within the blockchain industry.
- Sep,2021NEM Foundation announced the launch of NEM 2.0, further decentralizing its network and improving its performance.
- Feb,2021NEM began plans to implement cross-chain functionality, aiming to expand its presence in DeFi and NFT ecosystems.
- Jul,2020NEM launched the Catapult mainnet, improving performance, adding enhanced smart contract capabilities, and increasing transaction throughput.
- Feb,2019NEM's team announced plans for a major upgrade, "Catapult," designed to enhance system performance and capabilities.
NEM Intro
NEM (New Economy Movement) is an innovative blockchain platform designed to provide efficient and secure distributed ledger technology for businesses and developers. Its native token, XEM, serves as the transaction medium and validation tool on the network. NEM stands out in the blockchain space with its unique protocol and features, aiming to address the scalability issues of existing platforms.
Unlike other blockchain platforms, NEM uses a "Proof of Importance" (POI) consensus mechanism instead of the traditional "Proof of Work" or "Proof of Stake." This mechanism determines which nodes can participate in block generation based on their "importance," rather than just how many tokens they own. This design helps improve network security and reduces resource waste.
In addition, NEM offers a range of enterprise-level features, including multi-signature support, namespaces (similar to domain names), smart contracts, and asset creation, making it easier for developers to build decentralized applications (dApps) and issue crypto assets.
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NEM (New Economy Movement) is an innovative blockchain platform designed to provide efficient and secure distributed ledger technology for businesses and developers. Its native token, XEM, serves as the transaction medium and validation tool on the network. NEM stands out in the blockchain space with its unique protocol and features, aiming to address the scalability issues of existing platforms.
Unlike other blockchain platforms, NEM uses a "Proof of Importance" (POI) consensus mechanism instead of the traditional "Proof of Work" or "Proof of Stake." This mechanism determines which nodes can participate in block generation based on their "importance," rather than just how many tokens they own. This design helps improve network security and reduces resource waste.
In addition, NEM offers a range of enterprise-level features, including multi-signature support, namespaces (similar to domain names), smart contracts, and asset creation, making it easier for developers to build decentralized applications (dApps) and issue crypto assets.