NEM (XEM) token

Token · PageRank 0.0008

Also known as: XEM

Overview

NEM is a blockchain platform launched in 2015 that uses a unique consensus mechanism called Proof of Importance (PoI). Its native token, XEM, is used for transaction fees, harvesting, and network operations. The platform supports features such as multisignature accounts, namespaces, and encrypted messaging.

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Frequently asked questions

What is NEM (XEM)?

NEM is a blockchain platform launched in 2015 that uses a unique consensus mechanism called Proof of Importance (PoI). Its native token, XEM, is used for transaction fees, harvesting, and network operations.

What consensus mechanism does NEM use?

NEM uses a unique consensus mechanism called Proof of Importance (PoI).

What features does the NEM platform support?

The NEM platform supports features such as multisignature accounts, namespaces, and encrypted messaging.