NEM vs. Polkadot
Compare key details of NEM and Polkadot side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
| NEM | Polkadot | |
|---|---|---|
| Available on Coinbase (2024)? | No | Yes |
| Creator(s) | Anonymous developers | Gavin Wood, Robert Habermeier, and Peter Czaban |
| Start year | 2015 | 2020 |
| Decentralized score (out of 5) | 4/5: Decentralized with Influences | 3/5: Shared Control |
| Influences or central authority | NEM Foundation | token holders and the Web3 Foundation. |
| Can be mined? | No | No |
| New issuance method | Proof of Importance (PoI) | Proof of Stake (PoS) |
| Maximum supply (in millions) | 8999 | None; no fixed maximum |
| Percentage already issued (2024) | 100% | Not applicable |
| Key functions (other than transactions) | smart contracts, apps, asset tokenization | smart contracts, apps, blockchain interoperability |
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