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RE: Why i think NEM will blast off 2018!
Thank for giving a quick overview on NEM. The transaction speed is really fast..even faster than Litecoin which others are bullish on!
Can you give a quick summary of what proof of importance is? I have not heard that term before. Thanks in advance! Cheers,
Hello.. Of course, here is a quick description.. Every account on the NEM blockchain is assigned an importance score. This score will influence how individual users can “harvest” the blockchain. One could say harvesting on the NEM blockchain is almost the same as what miners do on the Bitcoin blockchain. The objective is to add people’s transactions to the blockchain, in exchange for a small financial reward. As people’s importance score grows higher, they will have a better chance at getting these rewards. The Mininum score to begin delegated harvesting is 10,000 XEM
Makes sense! Thanks for getting back! I've added NEM to my crypto-radar! Cheers,