NEM | |
Operational | No |
Consensus Mechanism | POI |
Block Production Time | 60s |
Recommended Confirmation Time | 10 blocks |
Worst Case for Confirmation Time | 360 blocks |
Transaction Load | 2 tps |
Anonymous Transactions | Future TBD |
Transaction Fee Costs | Progressive |
Network Security Costs | Transaction Fees |
Share Supply | 8.99 billion |
Share Divisibility (precision) | 6 decimal places |
Profit Sharing | no |
Market Pegged Assets | In Development |
User Issued Assets | In Development |
Order Matching | In Development |
User Registered Accounts | In Development |
Messaging | yes |
Cross-Chain Trading Support | In Development |
Multisignature | Yes |
Smart Contracts | In Development |
Hardware Wallet | In Development |
Mobile Wallet | In Development |
Decentralised Exchange | In Development |
Pruning | In Development |
Voting System | In Development |
Instant Transactions | In Development |
Automated Transactions | In Development |
Mesh Networking | In Development |
Account Control | In Developmentt |
Marketplace | In Development |
Brain Wallet | In Development |
Alias System | In Development |
Encrypted Blockchain Messaging | yes |
Merchant Tools | In Development |
Inflation | 0% |
Regarding TPS: this is still being looked into. We did extensive tests and exceeding 120 trans/block makes the blocks too big for people with poor internet connections to share with their peers easily. We may increase the number of transactions in the future based on the health of the network and usage (e.g., avg size of attached messages, etc).