NEM (XEM)

Unverified

Loading...

Loading...

XEM price prediction, XEM price today, how to buy NEM coin

About XEM

NEM (XEM) is a decentralized, open-source cryptocurrency and blockchain platform that utilizes a unique consensus algorithm called Proof of Importance (PoI). Launched in 2015, NEM is designed to provide a secure, scalable, and flexible platform for a wide range of applications, including supply chain management, voting systems, and more. With its modular architecture and API-driven approach, NEM enables developers to build custom applications on top of the platform, making it an attractive choice for businesses and organizations. NEM's PoI consensus algorithm rewards users for participating in the network and contributing to its stability, providing a more energy-efficient and decentralized alternative to traditional consensus mechanisms. With a total supply of 8,999,999,999 XEM, NEM has established itself as a prominent player in the cryptocurrency market, offering a secure and scalable platform for a wide range of use cases, from digital payments to enterprise solutions.

Convert Fiat to NEM

Loading...

Crypto Investment Calculator

$

+

%

Fact Sheet

Explorer
Exchanges
Social Media
Blockchains
NEM logoEnergi logo

News

XRP’s Institutional Access Expands With Hashkey Exchange Listing

Hashkey Exchange welcomes XRP, making it more accessible to professional investors, bolstering its position in the digital economy. XRP Joins Hashkey Exchange: A New Era of Professional Investor Access Hashkey Exchange, a licensed crypto trading platform overseen by the Hong…

XRP’s Institutional Access Expands With Hashkey Exchange Listing

SEC Backs Down: Binance.US Blasts Back With Full USD Access

Binance.US roars back as the SEC drops its lawsuit, reigniting U.S. crypto access with restored USD services, soaring user activity, and a regulatory tide turning in crypto’s favor. SEC Defeat Marks Binance.US Victory in War Against Regulatory Overreach Crypto exchange…

SEC Backs Down: Binance.US Blasts Back With Full USD Access

Caricom Bloc Advances Pilot to Reduce Dollar Dependence

The governors of the Central Banks of Caricom agreed to advance a local currency-based, instant settlement payment platform to reduce their reliance on the U.S. dollar. A pilot has already managed to complete a cross-border transaction between the Bahamas and…

Caricom Bloc Advances Pilot to Reduce Dollar Dependence

Landmark Crypto Legislation Introduced in Congress—CLARITY Act Ushers in Golden Age

The CLARITY Act unleashes a historic wave of pro-crypto momentum, cementing U.S. leadership in Web3, safeguarding self-custody, and supercharging digital asset innovation with unstoppable force. Landmark CLARITY Act Redefines Crypto in America—Digital Asset Golden Age Ignites The Digital Asset Market…

Landmark Crypto Legislation Introduced in Congress—CLARITY Act Ushers in Golden Age

Cantor Fitzgerald Unveils Gold-Hedged Bitcoin Fund

Cantor Fitzgerald Asset Management is rolling out a bitcoin investment fund that offers uncapped BTC upside with gold-based downside protection. The five-year fund combines digital asset exposure with a traditional safe-haven twist. Wall Street Giant Launches Bitcoin Fund Backed by…

Cantor Fitzgerald Unveils Gold-Hedged Bitcoin Fund

Frequently Asked Questions about NEM

What is NEM (XEM)?

NEM (XEM) is a decentralized, open-source cryptocurrency and blockchain platform that utilizes a unique consensus algorithm called Proof of Importance (PoI). Launched in 2015, NEM is designed to provide a secure, scalable, and flexible platform for a wide range of applications, including supply chain management, voting systems, and more.

How does NEM's Proof of Importance (PoI) consensus algorithm work?

NEM's PoI algorithm is a consensus mechanism that rewards users for participating in the network and contributing to its stability. Unlike traditional Proof of Work (PoW) or Proof of Stake (PoS) algorithms, PoI takes into account a user's importance score, which is based on their transaction history and network participation, to determine their eligibility to create new blocks.

What is the NEM blockchain's architecture?

The NEM blockchain is built on a modular architecture, which allows for easy integration with other systems and applications. It consists of a core blockchain, a network of nodes, and a set of APIs that enable developers to build custom applications on top of the platform.

What are the benefits of using NEM?

NEM offers users a secure, scalable, and flexible platform for a wide range of applications. Its unique PoI consensus algorithm provides a more energy-efficient and decentralized alternative to traditional consensus mechanisms. Additionally, NEM's modular architecture makes it easy to integrate with other systems and applications.

What is the NEM Foundation?

The NEM Foundation is a non-profit organization that oversees the development and growth of the NEM ecosystem. The foundation provides support for developers, promotes the adoption of NEM, and ensures the long-term sustainability of the platform.

Where can I buy and trade NEM (XEM)?

You can buy, sell, and trade NEM (XEM) on major cryptocurrency exchanges, such as Binance, Huobi, and Bittrex.

What is the total supply of NEM (XEM)?

The total supply of NEM (XEM) is 8,999,999,999 XEM, which were created during the platform's launch in 2015. There is no ongoing emission of new XEM, and the total supply is fixed.

Is NEM (XEM) a good investment?

NEM (XEM) has a strong and dedicated community, and its unique PoI consensus algorithm provides a competitive advantage in the market. However, as with any investment, it's essential to do your own research, consider the risks and potential rewards, and make an informed decision based on your individual financial goals and risk tolerance.