NEM or (XEM) is a second-generation smart contract blockchain platform. With its unique proposition being the novel PoI consensus mechanism (which prefers vested interests, where history is preferred to stake or mining machinery). Smart contract capabilities allow this platform to handle the same abstract demands for digital assets and financial solutions as other world-leading platforms.
The Proof-of-Importance mechanism works with a hierarchy of regular nodes, harvester nodes, and supernodes.
Watched over by the NEM foundation, the project is fully open-source and community-driven.
Ticker
XEM
Supply
8,999,999,999
(~8.9 B)
NVT
22.387
Supply Turnover
5.874%
# of Exchanges
Top 10 supply %
41.77%
Industry
Smart Contract
Platform
Archetype
Utiltiy
Exchange Dependancy
1.99
Buy/Sell Pressure
0.0654
Listing Profiles
7/7
Team
Yes
Consensus
(PoI)
Proof-of-Importance
SuperNodes
Throughput
~4,000 tps ***
Block Time
~60 sec
Block Size
Dynamic
Algorithm
Eigentrust++
Governance Model
Semi-Decentralized
Social Audience
351,254
Social Platforms
10
Social Concentration
2.495
Blog Frequency
3.2 Days
Network Addresses
15,411
Positive