XEM to GBP Converter
How much British Pound Sterling ( GBP) is 1 NEM ( XEM)?
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XEM
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The Morpher currency calculator allows you to convert a currency from NEM (XEM)
to British Pound Sterling (GBP) in just a few clicks at live exchange rates.
Simply enter the amount of NEM you wish to convert to GBP and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 XEM, 5 XEM, 10 XEM, 50 XEM etc.
Quick facts about NEM
NEM was a blockchain platform launched in March of 2015.
At the time it was one of the pioneers of the industry and sought to improve on the imperfections found on other chains at the time.
It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++.
Its most notable contribution, however, was the PoI consensus mechanism which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake.
Its client, NIS, is written in Java.
Today, NEM remains a highly-traded cryptocurrency.
Current development is centered around NEM's merge with another blockchain platform: Symbol.
At the time it was one of the pioneers of the industry and sought to improve on the imperfections found on other chains at the time.
It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++.
Its most notable contribution, however, was the PoI consensus mechanism which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake.
Its client, NIS, is written in Java.
Today, NEM remains a highly-traded cryptocurrency.
Current development is centered around NEM's merge with another blockchain platform: Symbol.
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