Cryptocurrency Q&A What blockchain is NEM on?

What blockchain is NEM on?

Leonardo Leonardo Sun Mar 02 2025 | 6 answers 1124
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. What blockchain is NEM on?

6 answers

CryptoWizardry 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.

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Tommaso 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.

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Giulia Giulia Mon Mar 03 2025
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services to cater to the needs of crypto enthusiasts.

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CoinPrince CoinPrince Mon Mar 03 2025
Unlike NXT, NEM introduced its unique currency, XEM, which gained popularity in the cryptocurrency market.

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TaegeukChampionCourage 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.

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