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Richie’s youtube channel: https://www.youtube.com/user/mrlifetalk NEM or New Economic Movement - is peer-to-peer cryptocurrency based on blockchain technology with totally new consensus protocol that was builded from scratch. The native cryptocurrency trade in the market under the symbol of XEM. Aspire to be a new medium of exchange, especially in business where blockchain and transparency are need it, transaction speed is relatively fast, block confirmation is just few seconds. ================================================= 🚀Let’s connect on Steemit: https://steemit.com/@astakhiv92 =================================================== 💰Get a Coinbase Wallet! - https://www.coinbase.com/join/5a4bf25... Sign up! 💰Get a Binance Wallet! - https://www.binance.com/?ref=21867060 Sign up! =================================================== ★ Any donation is highly appreciated. 🔑 BTC Wallet Address: 16EtKHG2rwH2NqA4MniK4JRhzPyv5AeiER 🔑 ETH Wallet Address: 0x1db0fa9a379e46cb205a39a0766e30d3e3d0d11e 🔑 LTC Wallet Address: LRcmBavhskBURqmw1sujV5LS8WUPvfaNj8 =================================================== ➤ Ethereum vs Eth Classic: https://www.youtube.com/watch?v=IOuEgLKqqjE ➤ Top 5 cryptos under $1: https://www.youtube.com/watch?v=p7vyHZ8QRvc ➤ Stellar Explained: https://www.youtube.com/watch?v=9bzTzJLfU6c ==================================================== Thank you so much for watching! ====================================================
Nem blockchain and XEM Concurrency review and price prediction. Is it a good time to buy Nem XEM now. The Concurrency market is in a bear market, The price of Nem xem is at the lowest level in a long time. This maybe a great time to buy NEM XEM Coin as in investment. Click link to Sign up and buy on Coinbase to receive $10 for Free! https://www.coinbase.com/join/5a2b7a3374fcbe00d6e39441 Open An Account With Binance! https://www.binance.com/?ref=13139921 I am not a professional financial adviser. All investments you make are of your own. Please do your research. Nem's website: https://nem.io/ If you would like to support the channel; please send donation to? Bitcoin Donations Address: 3QBqnerKa7DjSEC15j6opFLPvqcCWdPDVz Ripple Donation Address: rLEPja8B7Z8p5epyfv5fhkFqngQ8zDgLsg Litecoin Donation Address: M7vK7LQQUw2vH8U1kzu88cWvawvGzSxNAK Ethereum Donation Address: 0x394e6E9d0DbC8D8893367914C8FBbdb01c0D0863
Buy NEM and bitcoin @ the best prices here http://www.davidhay.org/bitcoin (visa and mastercard accepted) NEM explained by David Hay In todays episode of crypto talk we explore NEM and its currency XEM. Started in 2015 NEM was built to address some of the issues and limitations that bitcoin was running into. After bitcoin became a victim of its own success people were looking for faster & cheaper way to send digital cash. NEM stepped in with a 10x faster and cheaper platform. In order to achieve the increase in speed it adopted a centralized blockchain model that used a proof of stake type mechanism instead of proof of work like bitcoin does. There are no miners in the network, instead the coins were distributed to the first users and the only way to purchase coins is by buying one from someone else or owning so many coins you can setup your own supernode and start harvesting. Harvesting is when your computer is used to confirm transactions on the network and you get to keep some of the fees that were generated by the transfer. NEM looks like a big improvement over bitcoin but in my opinion isn't as interesting as other projects like IOTA. Because no more coins are being mined it should be safe from inflation and will probably be one of the more stable alt coins in terms or price. Notes from video NEM was launched in march 25 2015 Currency is called launched XEM Centralized block chain design like dash NEM has some unique features 100x more efficient in terms of electricity use because it using harvesting instead of mining Low transaction costs 10 cents to send $1000 Messaging capability built in but it cost extra to send No inflation possible all the coins have been mined 6 seconds to show 20 seconds to confirm 100% traceable, no private transaction possible Allows retailers to track spending habits Scalable solution made on newer technology can handle 3,000 transaction per second. Bitcoin 8 transaction per second. Has messaging service built Venmo charges 2.9% apple pay 1.9% NEMS fees $.01 It costs 10 cents to send $1000 Number 2 currency in Japan More efficient than bitcoin. Proof of importance which is almost the same as proof of stake Nodes and supernodes process payments Importance of node calculated by account balance, amount of transactions so you are incentivized to keep the records correct. In order to start harvesting you need 10,000 In order to have a super node you need 3,000,000 Once you start harvesting you get to keep part of the transaction fees
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