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NEM

Acedian

Active member
I have recently bought a little NEM and plan to start harvesting.

The wallet interface is quite different to all other cryptos I have used and it already has features that I am expecting from evolution. For example; you can add notes/labels to transactions which are send as part of the transaction. It seems to have similar features to Dash, Ethereum and others.

Will NEM be a direct competitor to Dash? (I mean, in features not in the sense that bitcoin is a competitor)
Are there any important details about NEM I should know?
Or just give me your opinions on it.
 
  • it's delegated PoS, meaning it's account based; there is next to nothing regarding privacy.
  • it doesn't have that many users
  • it has no real ongoing funding model
  • you need a LOT of XEM to get regular payments, and they're not that great
But having said that, I like NEM a lot.. it's just that their funding mechanism is totally crap.. but then dash has the best...

NEM has fast transactions and some pretty big players are using private chains.
 
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