Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Once Popular Coins (Graveyard) => Other Popular Cryptos / Coins => NEM Forum => Topic started by: Kingking on June 11, 2018, 02:16:25 AM
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One of its goal is to distribute a wide model and by that a lot of investors will noticed the world of nem and maybe they will try this to observe how it works and if it is effective.
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NEM purpose and aspects;
The NEM Smart Asset System allows you to totally customize how you use the NEM blockchain. First, your Namespace defines your home on the blockchain where you can name your own Mosaics, provide easy-to-remember names to user addresses, and more.
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The ultimate goal is to provide a platform for individuals to create an account and engage in businesses with their customers and investors around the world.
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NEM purpose and aspects
The NEM Smart Asset System allows you to totally customize how you use the NEM blockchain. First, your Namespace defines your home on the blockchain where you can name your own Mosaics, provide easy-to-remember names to user addresses, and more.
NEM additional differentiation against competition
Mosaics then are the basic building blocks of Smart Assets that you can use to represent lots of simple things: it could be a coin, a signature, a status update or more – you decide. To create truly Smart Assets however, NEM allows you to create Addresses that act as containers for Mosaics that can be connected with Multisig rules. An address can simply represent a user, such as an account holder.
Check this website for the video : https://coincheckup.com/coins/nem/purpose
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In my opinion, the main objective is to provide a platform for individuals to create accounts and engage in business with their customers and investors throughout the world.
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I think its interesting property is that it rewards cryptocurrency buisnesses even more than Proof of Stake : PoS rewards mainly exchanges and online wallet services because pf their large medium.
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If we talk about the main distinguishing features of cryptocurrency NEM, thanks to the active development. You should pay attention to this cryptocurrency, if you want to invest in long-term investments.
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NEM also has a dedicated team working for them. And decentralization is not based on whether the developers belong to a company. I dont posess the knowledge about RaiBlocks to exactly know where the differences reside in.
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True, because Nem held this free coin distribution as a lure to attract all people to see if this nem has a bright future or vice versa in the development that it will do later
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NEM is unique for many reasons, its stability, versatile use cases and consensus system are just a few of the things that make NEM different.
- One of the things which make NEM stand out is that its code is completely original, as opposed to most other cryptocurrencies.
- It has adopted a consensus system different from Bitcoin’s “proof-of-work” and Peercoin’s “proof-of-stake”, called “proof-of-importance”. Its basic principle is to give more block rewards and benefits to people who not only own more NEM tokens, but are also active on the network.
- It claims to have a transaction rate of 4000 transactions per second, making it faster and more efficient than even the financial giant Visa.
All these features make NEM unique crypto than other cryptocurrencies. Currently, NEM is trading at $0.05. The current xem to btc conversion (http://seo abuse/nem/nem-to-bitcoin) gives 0.00001552 BTC as per the Coinswitch real-time price chart.
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NEM purpose and aspects
The NEM Smart Asset System allows you to totally customize how you use the NEM blockchain. First, your Namespace defines your home on the blockchain where you can name your own Mosaics, provide easy-to-remember names to user addresses, and more.
NEM additional differentiation against competition
Mosaics then are the basic building blocks of Smart Assets that you can use to represent lots of simple things: it could be a coin, a signature, a status update.
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it's true of everything you say, and NEM coins are very good indeed and have great potential for development, and I believe that NEM coins are a safe and comfortable and very profitable investment place.
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I think that every NEM coin has a very good goal and that it is also a NEM coin, and I really like NEM coins because they have a good final goal.
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But even today, the assessment of XEM is still positive. The current not the best state of Affairs is associated exclusively with the General bearish trend of the market. by the end of 2019, the XEM rate may increase several times. NEM is not a dummy and not a tool for dark Affairs.
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It is true that until this moment NEM has finally experienced improvements in terms of finances and communities.
We don't want the events of 2019 to happen again for NEM which causes NEM to experience an economic setback.
Pray, be patient and try is the best way for NEM to get new investors and in the end it is all achieved with a lot of struggle, Keep Strong NEM!