“The Eigentrust algorithm is a mechanism to establish trust on the network.” That was quotes worth repeating. I was enthusiastic until I noted that one of the comments said that NEM (XEM) had already been hacked. Still! It’s a good aim.
Nem was built from scratch to address some of the issues that crpytos face today- like scalability, ease of use, and energy consumption to name a few. Nem does provide a platform for startups, industrys, hospitals, game developers, inventors, and artists to create special blockchains for different purposes easily on java and in other ways.
You don’t hear much from NEM these days- this blockchain platform has not been in the news to much lately, since hackers made off with $500m worth of NEM tokens from the Japanese crypto exchange, Coincheck. Recently though, NEM’s total value has increased by over $100m in the past couple of days, so that is some good news.
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