Bitcoin Alternative NEM (XEM) Officially Launches with 100% Original Codebase Cryptocurrency

By April 13, 2015Bitcoin Business

DAEGU, South Korea, April 13, 2015 /PRNewswire/ — NEM, is an original blockchain technology platform using a breakthrough innovation for blockchain consensus called Proof-of-Importance (POI). POI is a consensus mechanism that calculates an importance score for an account by taking into consideration its balance, activity of the account, as well as the importance of accounts transacted with.

Logo – http://photos.prnewswire.com/prnh/20150413/198087LOGO

This importance score enables accounts to create blocks and "harvest" transaction fees based on the […]

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