What is nem?

NEM: Join the Movement. New Economy Movement (NEM) is an enterprise-grade solution to power the impending blockchain economy.

How do I use the NEM blockchain?

Anyone can use the public NEM blockchain by making use of the API calls as described above, but for applications that require more privacy or wish to keep things in-house, a private version of the NEM blockchain can be provisioned to run on internal servers and only make use of predefined nodes of the users’ choosing. On these trusted, private n...

How to make money with NEM?

In the case of NEM, you will have to obtain other crypto coins like BTC and then use them to exchange into XEM coins. Due to the increase in popularity and interest from investors it is a great idea to start trading and harvesting NEM coins for a profit.

What are Nem supernodes and harvesters?

There are two different types of nodes in the NEM cryptocurrency network and they are Supernodes and Harvesters. Supernode – this is an address with at least 3 million XEM crypto coins and act as validators on the network. They are rewarded regularly from the NEM coin treasury set aside at the Genesis block stage when all the coins were issued.