NEM (XEM)

0 222

NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. Written in Java, with a C++ version in the works, 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 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.

Features of NEM

  • Namespaces
  • Multisignature transactions
  • Harvesting and Reputation
  • Mijin

Some common problems of NEM, We fix-

  • I cannot send my NEM to another address.
  • My wallet address not showing
  • XEM missing from NanoWallet.
  • Unable to Send money to delegated account.
  • I haven’t redeemed token/ I’m late.
  • Sent XEM to an address not being used.
  • Unable to export NEM mobile wallet to nano wallet.
  • Nano wallet restore problems.
  • Harvesting on mobile.
  • NEM wallet start problem.
  • NEM wallet crashing error.
  • XEM full node stopping synchronization.
  • NCC is stopped, cannot be started. NIS is running well.

Pros and Cons of NEM

Pros

  • NEM can handle 3000 transactions per second
  • Nаmеѕрасе is like a dоmаіn name system that саn bе uѕеd tо create a unіԛuе place аnd subdomains for businesses.
  • Special messaging feature in which no XEM needs to be sent
  • Transaction fee is low

Cons

  • NEM website still not fully understandable
  • There are many substitutes for NEM

NEM doesn’t have a technical support number. You can search your problems or issues to their help forum and community sites.

Dynamics
[ coin=”XEM”]

Leave A Reply

Your email address will not be published.