Hi, I'm writing a short summary of NEM for a website that I own. Here it is:
NEM is a cryptocurrency and blockchain platform launched on March 31, 2015. Inspired by an earlier cryptocurrency called Nxt, its features include a unique proof-of-importance algorithm, Eigentrust++ reputation system, multi-signature accounts, tokens, namespaces, and encrypted messaging. The cryptocurrency is especially popular in Asia where it is being tested by financial institutions and corporations. Its next major update (Catapult) is designed to increase stability and scalability – offering better network performance as well as enhanced features.
Is this correct? Are there any errors I should know about?
And does anyone know if Catapult has been released? I did a bit of googling around and there are some conflicting sources but from what I can tell, it seems that it has been released for testing on private chains but it has not yet been implemented on the main chain?
Thanks in advance!