Thanks for the post.
Jose Toriello

Hey Jose,

Great question. As I see it there are a few key differences:

  • NEM uses PoI (Proof-of-Importance) which relies on trusted supernodes (similar to DASH masternodes). This is essentially algorithms deciding trust instead of people. EOS uses delegated-proof-of-stake which would allow users in the network to vote.
  • NEM does not seem to allow for consensus re-writing of the blockchain without a hardfork whereas EOS does.
  • Most importantly NEM doesn’t provide asynchronous communication or horizontal scaling. EOS aims to provide these as their key differentiation.

I think NEM is a great project, but I think they are tackling very different markets.

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