I'm inquiring about the specific blockchain that NEM operates on. I want to understand the technological background and the platform where NEM is being utilized as a distributed digital currency and blockchain solution.
6
answers
CryptoWizardry
Tue Mar 04 2025
NEM originated in 2015 as a spin-off from NXT, a platform that combined blockchain technology with virtual currency and payment network functionalities.
Tommaso
Mon Mar 03 2025
Symbol, represented by the currency XYM, aimed to serve a different purpose and operate under distinct protocols compared to its predecessor.
Giulia
Mon Mar 03 2025
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services to cater to the needs of crypto enthusiasts.
CoinPrince
Mon Mar 03 2025
Unlike NXT, NEM introduced its unique currency, XEM, which gained popularity in the cryptocurrency market.
TaegeukChampionCourage
Mon Mar 03 2025
XEM was primarily traded among investors and speculators rather than being utilized as a form of payment in everyday transactions.