Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Sword555 on July 05, 2015, 07:48:48 AM



Title: Ok. Are you telling me this is true about NEM also?
Post by: Sword555 on July 05, 2015, 07:48:48 AM

I'm trying to find out what makes NEM unique other than proof of importance?

I'm saying what does it have now.
I know NEM is in beta. What will it have in it's V1?

Right now so far the NEM devs have been the first ever to make time syncing among nodes of a P2P network, first to institute Eignentrust to make sure nodes don't cheat, first to make POI, the first to do multisig notifications on blockchain, the first to do delegated harvesting, and a few other features.  

These were all things that other platforms hadn't done for their base platform of 1.0 features to make sending and receiving a "coin" safe.  

The current update you want is that the devs are finishing out the 1.0 features with things like having N of M multisig already working on the testnet.  

Other crypto's had a reputation of making 1.0 tech long before NEM, but NEM is the first time in my opinion it has been done right.

The focus now is to turn to 2.0 tech.  A lot of other platforms have already done 2.0, but nobody has done it right and well.  I'm looking forward to seeing just how the devs take something kind of done elsewhere first and do it well.  

The projects that they have announced publicly and that will be included in V1 are Smart Property Tiles,  Smart Contracts, Decentralized Exchange, Integration of multisig into to further NEM features, and quick node syncing tech.  

I'll go ahead and state here that I fully expect and know work is being done on projects above and beyond this, and will be presented later.  

I know BTT really wants updates and full outlines, but much of the work will be tight lipped while in development, but not completely tight lipped.  The list I just wrote is pretty extensive list of things to do.  

After a while, people will notice that NEM devs have a fully solid history of delivery very solid tech and will take notice.  NEM is a long game and the first steps have been taken.


Do you people agree with this??

Don't hold back

I think I'm liking NEM again lol



Title: Re: Ok. Are you telling me this is true about NEM also?
Post by: tokeweed on July 05, 2015, 08:13:30 AM
Reserved for DecnetralizedEconomics.


Title: Re: Ok. Are you telling me this is true about NEM also?
Post by: patmast3r on July 06, 2015, 08:25:49 AM
Reserved for DecnetralizedEconomics.

xD


Title: Re: Ok. Are you telling me this is true about NEM also?
Post by: TruthBear on July 06, 2015, 08:30:02 AM
Why so desperate?


Title: Re: Ok. Are you telling me this is true about NEM also?
Post by: patmast3r on July 06, 2015, 08:30:29 AM

I'm trying to find out what makes NEM unique other than proof of importance?

I'm saying what does it have now.
I know NEM is in beta. What will it have in it's V1?

Right now so far the NEM devs have been the first ever to make time syncing among nodes of a P2P network, first to institute Eignentrust to make sure nodes don't cheat, first to make POI, the first to do multisig notifications on blockchain, the first to do delegated harvesting, and a few other features.  

These were all things that other platforms hadn't done for their base platform of 1.0 features to make sending and receiving a "coin" safe.  

The current update you want is that the devs are finishing out the 1.0 features with things like having N of M multisig already working on the testnet.  

Other crypto's had a reputation of making 1.0 tech long before NEM, but NEM is the first time in my opinion it has been done right.

The focus now is to turn to 2.0 tech.  A lot of other platforms have already done 2.0, but nobody has done it right and well.  I'm looking forward to seeing just how the devs take something kind of done elsewhere first and do it well.  

The projects that they have announced publicly and that will be included in V1 are Smart Property Tiles,  Smart Contracts, Decentralized Exchange, Integration of multisig into to further NEM features, and quick node syncing tech.  

I'll go ahead and state here that I fully expect and know work is being done on projects above and beyond this, and will be presented later.  

I know BTT really wants updates and full outlines, but much of the work will be tight lipped while in development, but not completely tight lipped.  The list I just wrote is pretty extensive list of things to do.  

After a while, people will notice that NEM devs have a fully solid history of delivery very solid tech and will take notice.  NEM is a long game and the first steps have been taken.


Do you people agree with this??

Don't hold back

I think I'm liking NEM again lol



I think it was already pointed out that timesync was already done by another project. I'm not sure about the rest as noone can possibly follow all projects. POI is definitely brand new and I'd say multi-sig notifications as well. For me delegated harvesting is also a first, allthough some may argue that it's very similar to NXTs leased forging.
So yes, for the most part I agree. Some of it are predictions for the future so for those things we'll have to wait and see.


Title: Re: Ok. Are you telling me this is true about NEM also?
Post by: Sword555 on July 12, 2015, 04:53:24 PM
Interesting that no one came here and said this stuff is wrong.

All this stuff being real, to me, is amazing.

Imo NEM is BY FAR the most undervalued coin.

Can anyone argue that there is a coin that is more secure?


Title: Re: Ok. Are you telling me this is true about NEM also?
Post by: Sword555 on July 12, 2015, 04:54:30 PM
Why so desperate?

Please elaborate

Thank you


Title: Re: Ok. Are you telling me this is true about NEM also?
Post by: nextgencoin on July 12, 2015, 06:12:20 PM
Interesting that no one came here and said this stuff is wrong.

All this stuff being real, to me, is amazing.

Imo NEM is BY FAR the most undervalued coin.

Can anyone argue that there is a coin that is more secure?


How do you judge value?

The value of Bitcoin is simple supply and demand. 14m coins or whatever is splashing around demanded by a couple of million users. Do you think Bitcoin would be valued at what it is if there were 10 users? Of course the added magic sauce is what is the potential users....

So what makes you think NEM will gain millions of users in the future? there are so many alternatives, I bet the users of NEM, well investors are about 5,000 tops......zero reason to think you will ever increases usage. therefore no credible economics would suggest this coin is undervalued.


Title: Re: Ok. Are you telling me this is true about NEM also?
Post by: Kimowa on July 12, 2015, 06:20:34 PM
NEM hold long term is great coin