Description

NEM is a peer-to-peer cryptocurrency and blockchain platform designed to provide a secure, fast and cost-efficient way to transfer and store digital assets. It is a decentralized platform that enables users to send and receive digital assets with no third-party involvement. The NEM blockchain is built on a unique consensus algorithm called Proof-of-Importance (POI), which uses an economic model to reward active users with additional tokens. The platform also has a built-in programming language, which allows developers to build smart contracts, decentralized applications, and other custom blockchain solutions. Additionally, NEM offers advanced features such as namespaces, mosaics, and multi-signature accounts. NEM also provides users with a secure wallet app and a web-based wallet for managing digital assets.

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