It has 100% original source code and is developed in Java and JavaScript. A wide distribution model is one of NEM’s stated goals, and its proof-of-importance (POI) algorithm has added additional blockchain capabilities. NEM also has multisignature accounts, an Eigentrust++ reputation system, and an integrated P2P secure and encrypted messaging system.

Beginning on June 25, 2014, NEM underwent significant open alpha testing. On October 20, 2014, substantial and thorough beta testing began. The NEM launch occurred on May 31, 2015.

An rival cryptocurrency with the cryptonight algorithm is called Monero (XMR). The coin is based on Proof of Work and offers a smooth-varying block reward. Every block is retargeted by the difficulty with a 60-second block target.

To safeguard your anonymity, Monero uses a Ring Signature technology that enables users to conduct undetectable transactions.

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A peer-to-peer cryptocurrency platform is NEM

It has 100% original source code and is developed in Java and JavaScript. A wide distribution model is one of NEM’s stated goals, and its proof-of-importance (POI) algorithm has added additional blockchain capabilities. NEM also has multisignature accounts, an Eigentrust++ reputation system, and an integrated P2P secure and encrypted messaging system.

Beginning on June 25, 2014, NEM underwent significant open alpha testing. On October 20, 2014, substantial and thorough beta testing began. The NEM launch occurred on May 31, 2015.

An rival cryptocurrency with the cryptonight algorithm is called Monero (XMR). The coin is based on Proof of Work and offers a smooth-varying block reward. Every block is retargeted by the difficulty with a 60-second block target.

To safeguard your anonymity, Monero uses a Ring Signature technology that enables users to conduct undetectable transactions.

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