Lykke Exchange lists NEM (XEM)

Lykke Exchange lists NEM (XEM)

11:30 - 17/04/2019

NEM Flash

Lykke joins the list of crypto exchanges where users can buy NEM. As of April 16th, Lykke Exchange will enable deposits, withdrawals and trading of the XEM cryptocurrency in the XEM/BTC and XEM/USD trading...

New NEM Beta 0.6.97 available for Download

New NEM Beta 0.6.97 available for Download

05:56 - 16/04/2019

NEM Flash

NEM Beta 0.6.97 Changes: 1) Bug fixes for retrieving account’s mosaic via API: In some cases, where an account’s namespace with mosaics had expired, the API call resulted in “Internal Server Error”. 2) Bug...

XRP Mass Adoption In Europe: Luxembourg’s Minister of Finance Accepts Ripple’s Tech – XRP, Classed As Payment Token

XRP Mass Adoption In Europe: Luxembourg’s Minister of Finance Accepts Ripple’s Tech – XRP, Classed As Payment Token

07:17 - 15/04/2019

Oracletimes

Ripple and XRP are on a quest for mass adoption, and things seem to be going in the right direction. Ripple's technology, accepted in Luxembourg Pierre Gramegna, Luxembourg’s Minister of Finance, seems to have reportedly hinted at the acceptance of Ripple’s tech in his country. As expected, this gave the XRP Army of fans the … Continue reading "XRP Mass Adoption In Europe: Luxembourg’s Minister of Finance Accepts Ripple’s Tech – XRP, Classed As Payment Token"

NEM Has a Savior and Her Name is Alexandra Tinsman

NEM Has a Savior and Her Name is Alexandra Tinsman

13:25 - 08/04/2019

NEM Flash

The cryptocurrency, ‘$XEM’ (or NEM) is no longer the same cryptocurrency that you knew in 2018 and before. It appears that NEM’s new president, Alexandra Tinsman, is the real deal. This makes a major...

NEM Foundation Update: April 2019

NEM Foundation Update: April 2019

06:34 - 01/04/2019

NEM Flash

Dear community, We have a few updates below, especially following the launch of the Catapult Roadmap. Translations: Spanish – here Russian – here Italian – here Japanese – TBC Mandarin – TBC NEM Foundation...

NEM Foundation Catapult Roadmap and Vision

NEM Foundation Catapult Roadmap and Vision

04:31 - 30/03/2019

NEM Flash

  EP:44 NEM Foundation Catapult Roadmap and Vision   NEM Foundation Catapult Roadmap and Vision Translations: Japanese – here Mandarin – here Spanish – here Russian – here Italian – here Access to downloadable...

XEM now available on Bitcoin Suisse Online

XEM now available on Bitcoin Suisse Online

08:10 - 28/03/2019

NEM Flash

As part of Bitcoin Suisse’s commitment to making crypto-assets more accessible and spreading the democratization of money, our team is focused on constantly improving the experience when interacting with Bitcoin Suisse Online. Here is...

NEM Ventures will support the Tutellus Blockchain Demo Day

NEM Ventures will support the Tutellus Blockchain Demo Day

06:26 - 19/03/2019

NEM Flash

NEM Ventures has confirmed that Dave Hodgson, Co-Founder of the fund that invests in projects built on the NEM blockchain, will support the Blockchain Demo Day in Madrid and NEM Ventures will reward the...

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.