The reasons for the increase in the price of NemXem
In the cryptocurrency market has long been saturated. That is why experts predict a collapse, only the most reliable cryptocurrencies will remain on the market. Every month there are more and more cryptocurrencies. As a result, investors have to carefully analyze the market before making an investment.
The main reasons for the prospects
Instantaneous transaction processing speed is about 20 seconds. Due to this, many companies can pay attention to this cryptocurrency to make quick transactions.
The low level of fee. Its size is fixed and is 0.01%. This option is most convenient, because it allows you to control the costs by varying the amount of the transfer. In many other crypto-currencies, a certain rate acts as a Commission, for example, $ 25, which does not change, even in the case of a transfer of only 50 cents.
In tests
The circuit operation technology has been thoroughly tested on a private blockchain before the network was launched. It can process up to 3500 transactions per second. If you compare this figure with the VISA system, where about 900 operations can be performed per second, it will immediately become clear that the capacity of NemXem is very high. Cryptocurrency works on open source, which excludes anonymity. This fact makes it relevant for integration into the financial systems of countries.
Algorithms
Based NemXem are advanced algorithms POI and Eigentrast++. Thanks to them, it was possible to create a cryptocurrency of a unique type, which surpasses the already existing digital coins in many respects. The level of security increases in proportion to the volume of coins issued. The more money becomes in the network, the more reliable is their storage.
Integration
Integration of currency NemXem as a means of payment in the popular Manager WeChat, which is used by more than 900 000 000 people. Due to this, the demand for such a cryptocurrency will only grow. By the end of the year, the creators of NemXem will present the updated blockchain, it will be even faster and more scalable. At the beginning of 2018, a new map of the project will be presented, where development plans for 2 years will be announced, which will attract even more attention to this cryptocurrency.