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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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NEM (New Economy Movement) is a blockchain-based platform for operation of mission-critical transactions for businesses. The platform has its own blockchain and a native token called XEM. NEM appeared on the market in 2015. Currently, it is one of the most successful blockchain projects hailing from Japan.
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| About |
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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NEM (New Economy Movement) is a blockchain-based platform for operation of mission-critical transactions for businesses. The platform has its own blockchain and a native token called XEM. NEM appeared on the market in 2015. Currently, it is one of the most successful blockchain projects hailing from Japan.
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| Type |
Type
coin
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Type
coin
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| Founding Date |
Founding Date
2009
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Founding Date
2015
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| Country |
Country
International
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Country
Japan
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| Languages |
Languages
No data
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Languages
No data
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| Team |
Team
Not Public
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Team
Not Public
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| Protocol |
Protocol
Public blockchain
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Protocol
Public blockchain
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| Current price (USD) |
Current price (USD)
97190.6803
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Current price (USD)
0.0242
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| All-time high (USD) |
All-time high (USD)
20089.0000
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All-time high (USD)
2.0900
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| Price change (24h) |
Price change (24h)
-0.14
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Price change (24h)
-3.27
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| Volume (24h) |
Volume (24h)
2769975506.08760
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Volume (24h)
182181.29367
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| Hashrate |
Hashrate
93000000000
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Hashrate
No data
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| Max Supply |
Max Supply
21000000.00000
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Max Supply
8999999999.00000
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| Total supply |
Total supply
No data
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Total supply
No data
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| Circulating Supply |
Circulating Supply
19799387.00000
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Circulating Supply
8999999999.00000
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| Transaction speed / Block time |
Transaction speed / Block time
7
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Transaction speed / Block time
4000
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| Transaction fee |
Transaction fee
1
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Transaction fee
No data
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| Mining profitability |
Mining profitability
low
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Mining profitability
medium
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| Algorithm |
Algorithm
SHA-256
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Algorithm
No data
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| Proof type |
Proof type
PoW
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Proof type
No data
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| Fully premined |
Fully premined
No data
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Fully premined
No data
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| Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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| Total coins mined |
Total coins mined
18433468.00000
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Total coins mined
No data
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| Is trading |
Is trading
yes
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Is trading
No data
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| Block reward |
Block reward
6.250000000000
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Block reward
No data
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| Block time |
Block time
600
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Block time
No data
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| User rating |
User rating
2 / 5
2 user review
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User rating
4.7 / 5
3 user review
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| Cryptogeek rating |
Cryptogeek rating
4.2 / 5
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Cryptogeek rating
3.6 / 5
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| Advantages |
Advantages
- Anonymity;
- Small commissions;
- High translation speed;
- Blockchain technology;
- The new payment method officially legalized in a number of countries.
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Advantages
Smart contracts
Fast
Lots of features
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| Disadvantages |
Disadvantages
- Attack 51%;
- Illegality in many countries;
- Unpredictable rate.
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Disadvantages
Confusing
Not physically or digitally backed
No active development since 2016
Small dApp ecosystem
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Bitcoin (BTC) user rating is 2, based on 2 user reviews. NEM (XEM) user rating is 4.7, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
