NEM Foundation Update – February 2019 (Part II)

NEM Foundation Update – February 2019 (Part II)

07:44 - 14/02/2019

NEM Flash

Catapult Mobile Wallet walkthrough by NEM Foundation This forum post is an update on the UI/UX for a proposed Catapult Mobile wallet with a walkthrough by NEM Foundation’s interim CTO Jeff McDonald. Based on...

NEM Foundation Update – February 2019

NEM Foundation Update – February 2019

00:37 - 13/02/2019

NEM Flash

Dear community, The Executive Committee and Council Members for NEM Foundation would like to thank you for your contribution and participation in the NEM Forums concerning the Funding Proposal 2019 – https://forum.nem.io/t/nem-foundation-funding-proposal-2019/ 2 Feedback...

Joint Statement by NEM Foundation and NEM Labs

Joint Statement by NEM Foundation and NEM Labs

09:37 - 12/02/2019

NEM Flash

After careful consideration, NEM Foundation and NEM Labs would like to affirm the below statements: 1. Proposals are both complementary in nature Both parties jointly acknowledge that the proposals put forth to the community...

NEM Foundation Fights to Keep XEM Out of The Altcoin Graveyard

NEM Foundation Fights to Keep XEM Out of The Altcoin Graveyard

05:40 - 12/02/2019

Ethereumworldnews

The NEM Foundation has been the latest to suffer from the lengthening bear market when it announced a complete restructuring at the end of last month. Proposals have been set forth and the foundation is moving forward and making every effort to keep NEM from becoming another member of the altcoin graveyard. In an announcement […]

NEM Catapult: A New Server Release (Cow)

NEM Catapult: A New Server Release (Cow)

03:42 - 12/02/2019

NEM Flash

The server release milestone codenamed “Cow” was made public. This update brings new features and some breaking changes to NEM2. For Japanese click here. In the coming weeks, we will be introducing a series...

NEM Labs – COMMUNITY PROPOSAL [POI]

NEM Labs – COMMUNITY PROPOSAL [POI]

10:24 - 08/02/2019

NEM Flash

Dear NEMbers, The past year has shown that our ecosystem may be vulnerable by relying on a single entity for success. Strong ecosystems like Bitcoin and Ethereum all consist of multiple purpose driven entities...

NEM Foundation – Funding Proposal 2019

NEM Foundation – Funding Proposal 2019

10:11 - 08/02/2019

NEM Flash

Dear community, An opportunity is presented to hear your voice through a proof of importance (POI) vote in support towards a funding request for NEM Foundation. We have completely rebuilt the Foundation’s operating structure...

NEM Blockchain Ecosystem

NEM Blockchain Ecosystem

05:11 - 05/02/2019

NEM Flash

NEM, its entities, what they do and how they interact. Following recent media coverage of the NEM Blockchain. It was apparent there are misconceptions about how the ecosystem works, where it is funded from...

NEM Foundation – message to the community

NEM Foundation – message to the community

04:54 - 05/02/2019

NEM Flash

Hi NEM Community, It’s been about one month since the new council started, and a lot has happened. We are committed to transparency, so we are pulling back the curtain with some good news,...

NEM Slides as Foundation Faces Bankruptcy, Layoffs and Restructuring

NEM Slides as Foundation Faces Bankruptcy, Layoffs and Restructuring

07:16 - 31/01/2019

Ethereumworldnews

The Singapore based NEM Foundation is the latest to suffer from the prolonged bear market as it faces bankruptcy fears and axes staff. In recent months a number of crypto companies including Bitmain, ConsenSys, Huobi and Blockfolio have downsized and cut staff in the midst of the ever deepening crypto winter. The NEM Foundation is […]

NEM Foundation Update – January 2019 (Part II)

NEM Foundation Update – January 2019 (Part II)

01:27 - 28/01/2019

NEM Flash

Dear community, We would like to emphasise that every single one of you as part of the community play an important role in the progress of NEM Foundation. We exist to serve and support...

NEM officially joins Binance Info

NEM officially joins Binance Info

00:59 - 25/01/2019

NEM Flash

NEM has officially joined Binance Info’s transparency initiative. By sharing project-related information such as news and progress reports on Binance Info, NEM is contributing to keeping the community informed. Binance Info aims to provide...

How to use the NEM2 blockchain?

How to use the NEM2 blockchain?

17:42 - 23/01/2019

NEM Flash

Hello fellow readers, follow us today on another journey in the field of distributed ledger technology. Today, we will integrate the NEM2 blockchain protocol into our software. NEM is a blockchain that exists since...

NEM Thailand opens Blockchain HUB in Bangkok

NEM Thailand opens Blockchain HUB in Bangkok

00:20 - 23/01/2019

NEM Flash

Bangkok Thailand January 2019 NEM Foundation Thailand is happy to announce the *official* opening of their Blockchain Hub in partnership with their enterprise partner Thoresen Thai Agencies PCL. at Drafboard Coworking Space on 12A...

Security Alert: Ethereum Constantinople Postponement

Security Alert: Ethereum Constantinople Postponement

08:00 - 15/01/2019

Ethereum.org

The Ethereum Core Developers and the Ethereum Security Community were made aware of the potential Constantinople-related issues identified by ChainSecurity on January 15, 2019. We are investigating any potential vulnerabilities and will follow with updates in this blog post and across social media channels. Out of an abundance of caution,...

What is the NEM ?

NEM is a peer-to-peer cryptographic platform encoded in Java and JavaScript with original source code. This platform aims to create a large distribution model. It has introduced new features in blockchain technology with its Proof-of-Importance (POI) algorithm. NEM also has an integrated secure and encrypted P2P messaging system, multisignature accounts and a reputation system.
POI is the consensus algorithm used in NEM to determine who will calculate the next block.
The importance of an account depends on how much money it holds. And how many transactions are made from that account. The POI differs from other initiatives using a cost-sharing model that does not take into account the overall support of the network. In some Proof-of-Stake systems a person only needs large amounts of coins to form a block.

However, in NEM, the amount of the transaction as well as the support of the network become an immortal factor. This was designed to encourage EMS users to not just keep NMS. But rather to actively trade in the NEM ecosystem.