
NEM (XEM) - ETH
Ξ 0.00000720
5 months ago
0.00%
Mkt. Cap.
Ξ 64.80 k
Vol. 24H
XEM 0
(Ξ 0)
Open 24h
Ξ 0.00000720
Low/High 24h
Ξ 0.00000720
-
Ξ 0.00000720
Whitepaper
Launch Date
2015-03-29
Max Supply
Not Applicable
Total Supply
8,999,999,999.00
Circulating Supply
8,999,999,999.00
Mkt. Cap. Penalty
0 %
Website
Consensus Mechanisms
Proof of Stake
Hashing Algorithms
SHA3-256d
Block Nr.
-
Block Reward
-
Network H/s
-
NEM is a blockchain platform that was launched in 2015 and aimed to improve on the imperfections of other chains at the time. It was one of the first non-turing complete chains to offer user-defined tokens, namespaces, multisignature accounts, and a P2P reputation system. It introduced the proof-of-importance consensus mechanism to reward on-chain activity and deter wealth concentration. NEM's client, NIS, is written in Java. In 2021, NEM was hard forked by a team aiming to turn it into the world's leading payments platform for on-chain and off-chain media content.