NEM Coin Price SkyRocketed & Ranks 7th Place in the Coin Market Cap

The NEM developers are pseudonymous. NEM was started by a Bitcoin Talk forum user called UtopianFuture who was inspired by Nxt. The initial plan for NEM was to create a fork of NXT, but this was eventually dismissed in favor of a completely new codebase. Starting on January 19, 2014, an open call for participation began on the Bitcointalk forum. The goal of the call was to create a community-oriented cryptocurrency from the ground up.

NEM’s design architecture consists of two components. One is the node or NEM Infrastructure Server (NIS). The second is the client used for interacting with the nodes. Its cryptocurrency wallet is the NanoWallet built with HTML and Javascript.

Another client was the NEM Community Client (NCC). The NIS is connected to the P2P network and acts as a gateway for the NCC. The NCC is a client software that includes a wallet. The NCC has since been deprecated in favor of the NanoWallet. Both NCC and the NanoWallet can be run isolated from the internet, providing security through an air gap

Take, for instance, NEM (XEM), which bills itself as a cryptocurrency more secure than Bitcoin and Ethereum. It’s okay if you haven’t heard of it. Read on for more information on it followed by my NEM (XEM) price prediction 2018.

NEM is set to change the blockchains by implementing the amazing POI consensus algorithm, which is a great solution. You can send and receive payments and messages quickly, securely and at low cost on a global scale without the need for a bank account. You can make, buy, sell, or trade assets and goods worldwide.

Because of its Features of POI and Spam Blocker, it will surely rise in future.Overstock, Woocommerce accept NEM as payment.With the technology growth and because of features of NEM investors started investing in it.

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