NOWNodes is a great opportunity to join XEM blockchain or to lighten you crypto infrastructure. Connect to full XEM node, block explorer and testnet now!
NEM stands for the New Economy Movement and is a technology platform specifically developed to be used to manage assets as well as data easily and affordably. It is a dual-layer blockchain network that is written in the popular programming language known as Java, and the NEM mainnet supports multiple ledgers across its cryptocurrency layer, whereas the NEM Smart Assets layer supports mosaics as a means of representing essentially any store of value. The native cryptocurrency token of NEM is known as XEM, which is harvested or mined through the utilization of a Proof-of-Importance (PoI) algorithm.
Despite the existence of many other cryptocurrencies, NEM has a lot of advantages and here are just a couple of them.
NEM's smart assets is an innovation that was specifically developed as a means of enabling users to essentially tailor how exactly they gain access to and can utilize the NEM platform as a whole. This is due to the fact that all of the functions surrounding NEM are performed through an open and self-scaling architecture. This is essentially meant for developers to create, distribute and exchange cryptocurrencies a lot more quickly when compared to competing networks, and individuals can even transfer money throughout the public blockchain.
Harvesting is a critical component of the Proof-of-Importance (PoI) algorithm, where the code connects a user's account to a supernode that already exists. This backbone of the NEM ecosystem is formed throughout the supernodes, which can use linked accounts to boost their scores and increase the odds of them being able to create a block in the future.
NEM also enables multi-signature transactions, where administrators within companies are able to essentially monitor and grow the network as a means of meeting all of the demands the firm has. This means that they can utilize NEM to manage the account activity or control assets such as XEM from one account and even generate new tokens.
You can connect to a NEM (XEM) node with ease through the utilization of NOWNodes. If you have a curiosity about launching a project on top of NEM, then all you need to do is connect your email to the NOWNodes service.
Through this, you can put your focus on developing the application that you are interested in and can easily establish a quick connection to a full NEM node through the utilization of the API tools, which are available to you at any point in time and guarantees secure as well as reliable access to the blockchain through an RPC connection.
NOWNodes monitors the blockchain network and maintains the node for you, and you are always presented with the opportunity to contact the support team 24/7 if you have any questions or simply run into an issue that needs to be resolved.
At the point in time when you decide that you need to find the full list of nodes, including the block nodes and block explorers on NOWNodes, you can find the official list here. You can easily find the NEM node explorer here.
The NEM block explorer will essentially allow you to synchronize with the blockchain network. A XEN block explorer will provide you with any data that you request from it in real time, and this includes the number of confirmations and transactions, the size, as well as a lot more.
If you are interested in using NOWNodes as a means of connecting to the NEM block explorer, you need to be aware of the fact that the response time of the API implemented by the service is less than a second, and the node uptime has a 99.95% guarantee which means that you will always be able to have consistent and reliable access to the service at any point in time.
