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The Counterparty

NEM (XEM) token

Token · PageRank 0.0008

Also known as: XEM

Overview

The NEM blockchain platform, introduced in 2015, operates on a distinctive consensus algorithm known as Proof of Importance (PoI). Its native token, XEM, facilitates transaction fees, harvesting activities, and network functions. The system includes capabilities like multisignature accounts, namespaces, and encrypted messaging.

Relations

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Frequently asked questions

What is NEM (XEM)?

NEM (XEM) is a token tracked in The Counterparty knowledge graph.

What type of entity is NEM (XEM)?

NEM (XEM) is classified as a token (token) in The Counterparty knowledge graph.