NEM - 100% new code. Easy APIs. Integration with Bank and over 5000 Business

  • #### **100% original codebase XEM is the currency of the NEM platform**

    **Important Links:**




    **IRC #ournem:**


    **Social Media:**











    ** Bter:**




    **Source Code:**

    **NIS API Documentation:**

    **NCC API Documentation:**

    **Technical Reference:**

    **Development Contract:**

    **NEM Drive:**


    **Nembex - Block Explorer/Node Monitor:**

    **Blockexplore- Block Explorer/Rich list:**

    **Node Explorer - Node Explorer/Node Monitor :**

    **Interactive Node Map/Resource Links :**

    #### **Recent Updates:**

    - Please update to version 0.6.43 or later. A fork came at block 199,800 bring M-of-N multisig managed on chain.

    - Late redemption is finally [over]( and all funds have been [dispersed]( to initial stake holders including sock puppet protests and late redeemers.


    **Consensus Mechanism:** Proof-of-Importance

    **Genesis Date:** March 31st, 2015

    **Block Time:** 1 minute

    **Available/Total Supply:** 8,999,999,999 XEM

    **Block Reward:** N/A (transaction fees only + node rewards)


    You can download the NEM software at [](

    **What is NEM?:**

    NEM is a peer-to-peer crypto platform. It is written in Java and JavaScript with 100% original source code. 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 and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.

    NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM finally launched on March 31, 2015.

    **Watch our introductory video:**



    - **NEM** is built 100% from scratch (not a fork of any existing project)

    - **NEM** is built with test-driven development

    - **NEM** uses innovative Proof-of-Importance algorithm: first reputation based blockchain algorythm

    - **NEM** improves different features of POW and POS coins, being more efficient and environmentally friendly

    - **NEM** one minute average block times

    - **NEM** is the first crypto with delegated harvesting

    - **NEM** is the first with localized spam protection

    - **NEM** is the first with Eigentrust++ peer reputation management

    - **NEM** is the first editable m-of-n multisig with blockchain based alerts

    - **NEM** offers encrypted, unencrypted and hex messaging

    - **NEM** is easy to install with a one click installer

    - **NEM** zero monetary inflation (fixed supply, all 9 billion coins released at launch).

    - **NEM** relatively large egalitarian distribution

    - **NEM** will offer a mobile wallet for both iOS and Android (coming soon)[/size]

    **What is POI?**

    **POI** is the consensus algorithm used in NEM to determine who will calculate the next block. An account's importance is determined by how many coins it contains and the number of transactions made to and from that account. POI is different from other initiatives which use a fee-sharing model that does not take into consideration one's overall support of the network. In some proof-of-stake systems a person only needs to have large amounts of coins to form a block; however, in NEM the transaction amount as well as support of the network become a factor. This has been designed to encourage users of NEM to not simply hold NEM but instead actively carry out transactions within the NEM ecosystem.

    **Roadmap to V1**

    - Completion of all the features in the existing wallet

    - Coloured Coins

    - Business Rules (a.k.a. Smart Contracts)

    - Decentralized Asset Exchange

    - Integration of multisignature into the AE and Business Rules

    - Snapshotting for quick syncing of nodes

    **Need Help?**

    Please visit our

    Or take a look at our tutorial here :

    **Starter NEM Tutorials:**

    [Import a Private Key & Access Your NEM stake](

    [NEM Quick Start Guide. Running the Wallet Without Syncing a Chain](

    **Installation Tutorials:**

    [Windows/Mac Installation Guide](

    [Windows Installation Guide (standalone)](

    [Mac Installation Guide (standalone)](

    [Ubuntu Installation Guide (standalone)](

    [How to Install Java 8 (64 bit) on Windows](

    **Misc Tutorials:**

    [How to Find, Export or Delete Your Wallet and Address Book File](

    [How to Remove Old NEM Software Versions](

    [How to Delete Your Local Copy of the Blockchain](

    [How to Import the Database File Provided by Developers](

    **Advanced Features Help:**

    [How Local and Delegated Harvesting Works](

    [How to Connect to a Remote Server](

    [How to Use Multi-signature Accounts](

    [How to Use Delegated Harvesting](

    [How to Make Your Node Name Appear in Color on the NEM Block Explorer](

    [Easy Configuration Guide (opening port 7890)](

    [Setting up the Testnet](

    **NEM Core Developers:**

    **- Jaguar0625**

    **- BloodyRookie**

    **- Gimre**

    **- Makoto**

    **- Thies**

    **NEM Core Marketers:**

    **- Makoto**

    **- Rockethead**

    **- Kodtycoon**

    **- Jabo38**

    **- Mixmaster**

    **- Ronel**

    **NEM News:**

    - [Coindesk, Mijin, a Permissioned Blockchain Platform, Plans to Reduce the Cost of the Banking System by up to 1,000% by the End of 2018](

    - [Let's Talk Bitcoin #247, Understanding the New Economy Movement](

    - [Coin Telegraph , Proof-of-Importance: How NEM is Going to Add Reputations to the Blockchain](

    - [Coin Telegraph, NEM Launches, Targets Old Economy with Proof-of-Importance](

    - [Coin Telegraph, Altcoin Digest: 10 Coins That Can’t Be Neglected ](

    - [Bitcoinist, NEM: New Economy Movement](

    - [NEM: New Economy Movement](

    - [Yahoo Press Report, Cryptocurrency NEM Gears Up To Change How Trade, Commerce And Finance Is Transacted](

    - [Motherboard, This Cryptocurrency Doesn't Want to Beat Bitcoin, It Wants to Beat the Economy ](


    - [News Wire Press Release, Bitcoin Alternative NEM (XEM) Officially Launches with 100% Original Codebase Cryptocurrency](

    - [Allcoinsnews, NEM Q&A – Original, Tested Blockchain Platform, Proof-of-Importance, “Change the World, Forever” Tech](

    - [Coin Telegraph, NEM: ‘Right Now We Have the Best Designed Blockchain Platform in Existence’ ](

    **Extra Links:**

    **Community Fund Proposal:**

    **Node Rewards Proposal :**

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  • @jabo38 I understand that the intial distribution was done between only 1500 people. Is this not concerning to you?

  • Hi Ben, 1500 is actually one of the best initial distributions I have ever seen in a blockchain. Are there any blockchains that have a better distribution? For instance a conservative estimate of Bitcoin is that 1% owns 75%, and some people say 1 person alone owns 1%. Here is an older link, but still fairly relevant explaining about Bitcoins distribution. Even the richest dev (NEM has many so that helped to split funds) doesn't even own 1%. In NEM you might find the top 1% of accounts don't own a lot. Here is an infographic of NEM distribution taken some time ago but still very representative. As you can see, there are some big exchanges, but over all it looks great. ![0_1451243285272_nem distribution 2.png](

  • The Android and iOS NEM apps are beginning open public testing. There will be a 5000 XEM reward for bugs (of which there are surely still many). Help us get these apps launched in top shape.

  • 5,000 XEM Bounty for finding bugs in the NanoWallet. ... ty/2791/14

    Up to 10,000 XEM Bounties for finding bug bounties in the mobile apps. ... e/1825/109

    75,000 XEM project bounties for making example projects on the NEM blockchain. ... ogram/2822

    5,000 XEM ~ $30
    10,000 XEM ~ $60
    75,000 XEM ~ $450

    NEM is a 2.0 blockchain with advanced on chain multisig contracts, namespaces, assets, and messaging. It is a public chain and paired with its counterpart Mijin which is a private chain that is successful in Japan. The NEM/Mijin combination is the first public/private chain combination.

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