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6,840,540.58 available

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XEM ✕ €0.152341
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About NEM

NEM is a new code base that was written entirely in Java. It uses the POI (proof-of-importance) algorithm instead of POW (proof-of-work). NEM uses a client–server modelwhere the NIS (NEM Infrastructure Server) runs independent of the NCC (NEM Community Client). This allows light clients to operate without running a full copy of the NEM blockchain.Although the NEM client is open source and available on GitHub, the NEM server based component, the NIS, is closed source and the binary is obfuscated to prevent decompilers from revealing how it works. The pseudonymous developers of Catapult say that the C++ rewrite, Catapult, will be open source.


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