NEM | NEM website |
---|---|
Symbol | XEM |
Nature | Coin |
Brief | NEM (XEM), which stands for New Economy Movement, is a dual-layer blockchain that is written in Java and launched in 2015. The NEM mainnet supports multiple ledgers and has a NEM Smart Asset system. |
Discussion | https://forum.nem.io/ |
Last updated: | Sunday, January 24, 2021 11:00:02AM UTC |
Crypto Volatility Index (CVIX): | 50 |
Current price, USD: | 0.221300 |
Market capitalization, USD: | 1 991 293 494 |
Available supply: | 8 999 999 999 XEM |
Volume 24 hours, USD: | 61 411 270 |
Mineable | No |
General XEM facts, technical details and general information about NEM crypto currency
NEM (XEM), which stands for New Economy Movement, is a dual-layer blockchain that is written in Java and launched in 2015. The NEM mainnet supports multiple ledgers and has a NEM Smart Asset system, where nodes on the NEM blockchain process API calls. Its native currency is XEM, is 'harvested' using its POI (Proof-of-Importance) algorithm. The 'importance' of NEM users is determined by the number of coins they have and the number of transactions associated with their wallet. NEM also has an encrypted P2P messaging system, multisignature accounts, and an Eigentrust++ reputation system.
NEMs blockchain platform was designed and coded from the ground up for scale and speed. NEM"s permissioned private blockchain delivers industry-leading transaction rates for internal ledgers. And its revolutionary consensus mechanism and the Supernode program ensure that NEM"s open, public blockchain can grow without ever compromising throughput or stability.
NEM (XEM) is a peer-to-peer crypto-exchange platform written on the basis of Javascript and Java and using a unique source code. NEM went public in early 2015, when company NemProject 2 revealed the NEM (XEM) coin with the aim to bring the security and speed of transactions to a whole new level. The developers improved the functionality of blockchain technology by supplementing it with the Proof-of-Importance algorithm.
Such kind of protocol means that a XEM user’s value is determined through how many coins he controls and the amount of transactions he makes. The creators also offered an integrated system for the exchange of encrypted data, the use of a multi-signature and the Eigentrust ++ system. This recipe has been successful so far and helped the cryptocurrency win its way into TOP 10 currency rating.
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. 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. But it can also represent an individual unique asset such as a document, or a song, or a package. You can then update that asset through configurable Transactions. See our “example use cases” below to see how Smart Assets can be used to create a wide variety of blockchain solutions, quickly and reliably.
We list daily NEM historical data for the past 10 days
Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
---|---|---|---|---|
Jan 15 | 0.226900 | 0.209300 | 0.227800 | 1 928 857 677 |
Jan 16 | 0.214100 | 0.211900 | 0.225200 | 1 962 596 289 |
Jan 17 | 0.218600 | 0.214900 | 0.228400 | 2 015 021 908 |
Jan 18 | 0.223600 | 0.220300 | 0.232900 | 2 095 770 442 |
Jan 19 | 0.235500 | 0.235500 | 0.253500 | 2 281 293 017 |
Jan 20 | 0.247300 | 0.226000 | 0.248100 | 2 136 079 076 |
Jan 21 | 0.239300 | 0.213900 | 0.239300 | 1 924 734 900 |
Jan 22 | 0.212600 | 0.202200 | 0.223600 | 1 956 789 791 |
Jan 23 | 0.216500 | 0.210400 | 0.221200 | 1 947 577 588 |
Jan 24 | 0.215900 | 0.215600 | 0.221900 | 1 991 293 494 |
XEM price change 24 hours | 1.44% |
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XEM price change 7 days | 2.50% |
Phil0mena April 22, 2020 XEM
Caddy Nite October 25, 2019 XEM
Lennon March 26, 2019 XEM
Anne March 9, 2019 XEM
Lisa February 25, 2019 XEM
Сryptocurrency | CVIX | Price | Change, 24h |
---|---|---|---|
Bitcoin | 72 | $32 659.92 | 0.12% |
Ethereum | 82 | $1 338.83 | 6.27% |
Tether | 1 | $1.00 | 0% |
Polkadot | 92 | $18.26 | 1.44% |
XRP | 67 | $0.275400 | 0.71% |
Cardano | 87 | $0.361300 | 2.45% |
Chainlink | 85 | $24.68 | 3.90% |
Litecoin | 67 | $141.64 | 1.21% |
Bitcoin Cash | 67 | $445.15 | 2.04% |
Binance Coin | 51 | $42.03 | 1.96% |
Stellar | 93 | $0.277800 | 1.32% |
USD Coin | 1 | $1.00 | -0.01% |
Bitcoin SV | 77 | $176.49 | 1.91% |
UniSwap | 78 | $10.32 | 11.80% |
EOS | 44 | $2.77 | 5.03% |