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 * 100% original codebase * * XEM is the currency of the NEM platform *
Important Links Website | Tutorials | Forum | Blog | NEM Flash News | Catapult | NEM Apostile | MIJIN
Exchanges Poloniex | Bittrex | HitBTC | Binance | Changelly | Zaif | Others
Developer Resources Source Code | NIS API Documentation | Technical Reference | Development Contract (2014) | NEM Drive | NEM Developer Center | Apostille White Paper
Tools Nembex - Block Explorer/Node Monitor | Block Explorer/Rich list | Node Explorer - Node Explorer/Node Monitor | NEMnodes.org - Interactive Node Map/Resource Links | Testnet Explorer
Social Media
Facebook | Twitter | Reddit | YouTube | Telegram | Instagram

SpecificationsConsensus Mechanism: Proof-of-Importance Genesis Date: March 31st, 2015 Block Time: 1 minute Available/Total Supply: 8,999,999,999 XEM Block Reward: N/A (transaction fees only + node rewards)ClientYou can download the NEM software at nem.io.What is NEM?NEM is a peer-to-peer crypto platform. It is written in Java and JavaScript with 100% original source code. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.
NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM finally launched on March 31, 2015.
Watch our introductory video: Features- NEM is built 100% from scratch (not a fork of any existing project) - NEM is built with test-driven development. - NEM uses innovative Proof-of-Importance algorithm: first reputation based blockchain algorithm. - NEM is the first crypto with delegated harvesting. - NEM improves different features of POW and POS coins, being more efficient and environmentally friendly. - NEM has customizable assets called Mosaics. Editable supply, levies, description, transferability and more. - NEM has Namespaces to help maintain reputation of Mosaics. - NEM one minute average block times. - NEM has advanced blockchain features: multilevel multisig (Multisig 2.0), aggregate transactions, account properties, cross-chain swap. - NEM is the first with localized spam protection. - NEM is the first with Eigentrust++ peer reputation management. - NEM is the first editable m-of-n multisig with blockchain based alerts. - NEM is the first every P2P network with nodes time syncing in a decentralized manner. - NEM offers encrypted, unencrypted and hex messaging. - NEM is easy to install with a one-click installer. - NEM zero monetary inflation (fixed supply, all 9 billion coins released at launch). - NEM relatively large egalitarian distribution. - NEM will offer mobile wallets for both iOS and Android.TechnologyXEM XEM is the native currency of the NEM public blockchain. It is used to pay for transactions on this public blockchain in order to incentivize its network of public nodes that process and record transactions for businesses and users there. This means that XEM has real fundamental value as the currency of a functioning economy.
Harvesting Harvesting is closely similar to mining in other cryptocurrencies, but it uses unique methods called Proof of Importance and Delegated Harvesting to determine who harvests the next block. Harvesting is necessary to keep the network online and to confirm transactions.
Supernode Program Supernodes are high performance blockchain nodes which form the backbone of the NEM blockchain network. Accounts with 3,000,000 or more XEM can operate a supernode, either from a local computer or from a cloud-hosted server. Supernodes are required to be up and running 24 hours per day, processing all transactions.
Catapult Catapult is a full-featured blockchain engine that can power both private and public networks with its unique smart contract plugins. These plugins enable bulletproof digital asset creation, decentralized swaps, advanced account systems and business logic modeling. In its next phase, Catapult will become the core NEM engine. Public chain Catapult has been in testing for three years to thoroughly troubleshoot bugs and implement features. Its expected release is in 2019.
Proof-Of-Importance POI is the consensus algorithm used in NEM to determine who will calculate the next block. An account's importance is determined by how many coins it contains and the number of transactions made to and from that account. POI is different from other initiatives which use a fee-sharing model that does not take into consideration one's overall support of the network. In some proof-of-stake systems a person only needs to have large amounts of coins to form a block; however, in NEM the transaction amount as well as support of the network become a factor. This has been designed to encourage users of NEM to not simply hold NEM but instead actively carry out transactions within the NEM ecosystem.
You can read more about NEM’s tech in the Technical Reference.NEM Core Developers- Jaguar0625 - BloodyRookie - GimreNeed Help?Please visit our FAQs. Or take a look at our tutorials.Recent NEM newsPlease follow us on Facebook, Twitter and NEM Flash for all the latest updates. Extra LinksWikipedia Coin Gecko Coinmarketcap CryptoCoin ChartsHow to get Involved If you would like to contribute to the development of NEM, please contact the team via the NEM Forum or join Telegram.
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