NEM ( XEM ) is a Not Mineable Digital Asset which is classified as a Cryptocurrency Coin. NEM Price is $0.086401 with a Loss of (-4.52 %) in the last 24 hours. It's 24 hours Trade Volume is with a Market Capitalization of $22,536,007. It has a Circulating Supply of 8999999999 XEM with a Maximum Supply of 8999999999 XEM . It's All Time High (ATH) Price is $1.84 which was on 2018-01-07 00:00:00. It is ranked #19 by Market Capitalization with a Market Dominance of - . Most Active NEM Exchange is - with a 24h trade Volume of $22,536,007 that is - of Global Volume reported by Top Cryptocurrency Exchanges. Now you can track NEM Value Check out Most Popular NEM Wallet and their security features. Stay updated with Latest NEM News.
• NEM was launched on March 31, 2015
• NEM was developed by a Bitcoin Talk forum user called UtopianFuture
• NEM follows Proof of Importance (PoI) protocol
NEM is peer-to-peer cryptocurrency and Blockchain platform. NEM has a stated goal of a wide distribution model and has introduced new features to Blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an EigenTrust ++ reputation system.
The Proof of Importance (PoI) is an innovative consensus protocol that is one step ahead of Proof of Stake (PoS) protocol. In PoI, along with the number of coins responsible and consistent presence of Blockchain related activites is required by validators to mine/forge a new block successfully.
The NEM Blockchain software is used in a commercial Blockchain called Mijin, which is being tested by financial institutions and private companies in Japan and internationally. NEM implements multisig (short for multi-signature) technology on its platform.
|XEM to USD||0.09 USD|
|XEM to EUR||0.08 EUR|
|XEM to GBP||0.07 GBP|
|XEM to INR||5.99 INR|
|XEM to CAD||0.12 CAD|
|XEM to AUD||0.12 AUD|
|XEM to PHP||4.55 PHP|
|XEM to ZAR||1.26 ZAR|
|XEM to MYR||0.35 MYR|
|XEM to IDR||1,232.69 IDR|