If you want to start trading and learn the real value of NEM for example, we offer you our NEM price calculator. This is an amazing tool that helps traders to see and check the real-time value of cryptos compared to fiat anywhere in the world.
Crypto calculators are widely used tools that identify the current value of a specific currency compared to the value of another fiat currency for example. The price calculator is a mechanism that gives you an accurate idea of the price for the crypto and our calculator is exactly like that. Our NEM price calculator is accurate, precise, and updated which allows you to the real-time value of the currency. It is simple and easy to use and you can use it by going to our website and entering the amount that you want to calculate. The best thing about it is that it is free to use despite being other specialized websites that offer calculating services but in return, they demand huge fees. We wanted to make it available for everyone but especially novice traders which are getting into the crypto world.
NEM is a blockchain that is written in Java as a double-layer blockchain that supports ledgers on the crypto layers. NEM’s ecosystem is built in a way that connects and transfers any type of digital assets between public and private blockchains. The collective growth mindset is making NEM abdicate the POS consensus and introduce the POI. NEM is the first practitioner of POI in the world or the proof of important consensus. Although it is similar to Proof-of-Stake which requires locking amounts of coins in the ecosystem with several big differences.
The main difference between the POI and POS consensus is that in the POS consensus as the number of coins staked is important whereas a stake allocating 10% of the staked amounts will be able to mine about 10% of blocks in the network. The POI consensus is used to determine network participants that are eligible to add more blocks to the blockchain in NEM’s ecosystem adding blocks to a blockchain called harvesting. Launched in 2015, New Economy Movement is a platform that brings new features to the blockchain system and started a little more than a proof of concept and it has been picked up by the commercial Mijin blockchain which causes the value of the platform’s currency to rise.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]