What Is Nem - How Do I Get it FREE - Is it worth it

in #bitcoin7 years ago

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NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. Written in Java, with a C++ version in the works, NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system. The NEM blockchain software is used in a commercial blockchain called Mijin, which is being tested by financial institutions and private companies in Japan and internationally


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Harvesting

Harvesting is the act of forming blocks. A harvester must have at least 10,000 vested XEM in his/her account and be running a booted and synchronized node. Once a block is formed by that harvester, a new block is added to the chain and all the fees collected from that block will be delivered to the harvester’s account.[13]

NEM also has a feature called delegated harvesting which allows people to request others to form blocks and process fees for them, but done in a safe and secure way so that a person’s funds are not ever locked up, and fees are always given directly to the person that activated delegated harvesting, not the person that was harvesting for them.[23]

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