Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network. Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale during July–August 2014. The system went live on 30 July 2015. In 2016 Ethereum was forked into two blockchains, as a result of the collapse of The DAO project, thereby creating Ethereum Classic.
NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM finally launched on May 31, 2015.
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I have to guess that it is because of this coin’s name, but Ethereum Classic (ETC) is one of the least talked-about cryptocurrencies in the top 20. In my opinion, the name conjures up the feeling of older technology – at least older than the main Ethereum (ETH), which has maintained its spot as the…
Newmont Mining Corporation (NEM) is an interesting player in the Basic Materials space, with a focus on Gold. The stock has been active on the tape, currently trading at $37.39, up from yesterday's close by 0.21%. Given the stock's recent action, it seemed like a good time to take a closer look at the company's…
Following Monday’s softer gains, relative to its peers, NEM’s XEM has certainly bucked the trend this morning, up 9.83% to $0.32493, with the rest of the crypto majors languishing in the red at the time of writing.
The markets just cannot gain any momentum at the moment and after a brief and short-lived rally yesterday they are mostly back in the red today. Bitcoin failed to break resistance at $10k and has fallen back closer to $9k. Altcoins have, as usual, slumped with it losing most of their gains over the past two days.
Formerly known as the New Economy Movement, NEM (ticker: XEM) aspires to become the new medium for everyday exchanges in addition to the common enterprise use cases that many blockchain projects seek to become.
Disclamer: Ethereum vs NEM reviews are calculated by comparing Ethereum vs NEM's influence on Google, Wikipedia, Youtube, Twitter, Instagram and Facebook with other currencies in the world. Generally speaking, the bigger the hexagon is, the more popular Ethereum vs NEM reviews should be on the internet!