XEM (NEM)

  • XEM (NEM)
  • Introduction

    New Economy Movement (NEM) is a peer-to-peer cryptocurrency launched on March 31st, 2015 and written in Java. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure, multisignature accounts and encrypted messaging system and an Eigentrust++ reputation system.

  • About The Project

    NEM’s blockchain platform was designed and coded from the ground up for scale and speed. NEM’s permissioned private blockchain delivers industry-leading transaction rates for internal ledgers. And its revolutionary consensus mechanismand the Supernode program ensure that NEM’s open, public blockchain can grow without ever compromising throughput or stability. NEM’s architecture is designed for both simplicity and flexibility of development. The blockchain itself is supported by nodes running NEM-provided software that implements NEM’s feature set and unique consensus mechanism. This may either be the open, decentralized, self-supporting NEM public blockchain, or it may be a permissioned private NEM blockchain running on your own servers.

Roadmap

NEM Developer Center

The Catapult Developer Center contains tools and a knowledge base, including tutorials, documentation, and sample apps.

Catapult Software Development

The Javascript/Typescript and Java SDKs will be updated and 4 more SDKs will be released in alpha stages including PHP, Swift, Python, and Unity.

NEM Catapult Testnet

There will be a launch of a testnet on Cow and an upgrade to Dragon including an experimental wallet, faucet, and tutorial. Testnet Link: https://docs.nem.io/en/testnet

Hardware Wallet Compatibility

Updates are made to integrate Catapult compatibility into Ledger and Trezor standards

Block Explorer and Network Explorer

Allows anyone to easily search transactions, accounts, blockchain history, node information, and network activity.

Mobile and Desktop Wallets

The mobile wallet provides an easy to use interface for anybody to send and receive mosaics on NEM Catapult.

Lightning Network Proof

A very basic working demonstration of integrating NEM Catapult into the Lightning network.

BTC and ETH Cross-Chain Swap Proof

A working demonstration of cross-chain swaps on NEM Catapult.

SDKs, Round 2

Increased investment in SDK development.

POS+ Consensus Algorithm

AVAILABLE ONLY ON NEM CATAPULT A new algorithm makes NEM much faster and more scalable, while preserving important features of POI.