If quantum computers become popular, what impact will it bring to Bitcoin and other existing cryptocoins? Pretty much all current public-key cryptography is done for. |
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How do I find other participants I can mix with ? How exactly is the "matchmaking" going to work ?
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I have been out of the loop for some time- where could I stock up on my node? where are they traded?
If you want you can make me an offer in BTC via pm  I have 500k to sell. |
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Can someone give few examples about why average Joe will buy IoT-device ? I'm sick of "countless examples" words without actual examples. Don't say countless, give an actual list of 10 or more examples.
You could have en entire factory with interconnected robots and devices that all interact to supervise processes and take action if something goes wrong. Cars could be connected to each other to tell each other about traffic and what not. Think of any instance where it would be beneficial for ordinary things to communicate with each other. I'm sure as shit not listing 10. Just use your favorite search engine and you'll find plenty. |
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Any ETA for first release?
~Christmas So did mthcl and CfB already fix this vulnerability: This is the scenario I'm talking about. Green filled, black edged are transactions of the honest network. Red edged - are transactions of the attacker. The doublespends are filled with yellow. As far as I understand your algo, weight of the red tip is greater by 3 than weight of the green tip.  ? Why would the weight of the red tip be greater (not saying it can't be) ? Afaik tips only have their "own weight" since they are tips and therefore haven't "inherited" any weight yet. Which afair means that their weight depends on the POW of those tx (tips). |
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How does NEM compare to Ethereum?  At this point it's apples and oranges i think. |
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and jabo is doing just that is he not ?
I have no idea. I'm getting the impression from Gimre that info wasn't being posted here because of trolls. But if everything is indeed being posted, then great. I think gimre meant why the core people aren't hanging out here anymore. Information is posted here but there is a slight lag since there's a lot more discussion even pre-release of most thing on slackogram. |
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noobs go to google. noobs will never find NEM at this point. if they do I'd rather have them find the website or the twitter account than the clusterfuck that is btt.
Regardless, not that hard to copy and paste important info, might bring some positive posts here. and jabo is doing just that is he not ? btw you can also join nemio.slack.com which is connected to telegram. I don't have the link for the invite right now but you can pm jabo38 or really anyone to get invited once you registered on slack. |
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mill0601 - I assume, you're not on telegram right?
As otherwise, you wouldn't troll that blatantly, right?
P.S. I hope there will be some interesting news #soon.
Why is there information on there that really should also be posted here? Too many losers here. That doesn't really have anything to do with the fact that all XEM related info should be updated here. You can't expect everyone to use Telegram, especially the "masses" I aggree. despite the losers, this is where most noobs come first when checking out crypto. I would guess you came here first too rockethead. Also most people who are involved in crypto are holding many different coins and dont want to go to multiple different forums to get an update. Copy and paste really isnt that hard noobs go to google. noobs will never find NEM at this point. if they do I'd rather have them find the website or the twitter account than the clusterfuck that is btt. |
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*pictureremovedforspace*
That looks pretty great! I wish you the best of luck for that service. |
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It all sounds interesting, but I've been reading articles like that for years and the only significant applications seem to be very limited and within a specific company (eg tracking product, assembly lines etc). What few consumer applications there have been have been highly prone to security breaches and largely related to gimmicky products that people don't really want to use. When I first started hearing about this one of the classic examples was the fridge which could order milk for itself when you're running low, but people don't want a fridge which thinks it knows better than them. Perhaps I decided to cut down on my coffee drinking or lose weight by switching to semi-skimmed, perhaps I fancy getting it from a different shop - I simply don't want my fridge to have already made the decision for me.
Also the costs of security, public distaste for sensors monitoring them all the time and then claiming ownership of data about them, the big organisational changes needed to make the most of this kind of thing - these are all big costs and barriers. Technologies don't just need to be possible, they also need to be desirable and cost-effective.
The whole term 'internet of things' is also something of a rhetorical device. Things can already use the internet. They have been able to for quite some time. But for the most part, they just don't need to.
Well, we can argue on if IoT is good or bad for privacy, etc., but I think it's obvious that this future is inevitable. I wish i could say that you were wrong but yeah...people will be on board with anything that makes their life "easier". It's not just about making life easier, it's about upping productivity substantially which will bring about a growth in wealth unseen in the history of mankind. The industrial revolution is nothing compared. In the end this technological progression will eventually free mankind from its 'slave' relationship with money and revolutionize virtually every field from medicine to entertainment. you're kidding right ? |
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It all sounds interesting, but I've been reading articles like that for years and the only significant applications seem to be very limited and within a specific company (eg tracking product, assembly lines etc). What few consumer applications there have been have been highly prone to security breaches and largely related to gimmicky products that people don't really want to use. When I first started hearing about this one of the classic examples was the fridge which could order milk for itself when you're running low, but people don't want a fridge which thinks it knows better than them. Perhaps I decided to cut down on my coffee drinking or lose weight by switching to semi-skimmed, perhaps I fancy getting it from a different shop - I simply don't want my fridge to have already made the decision for me.
Also the costs of security, public distaste for sensors monitoring them all the time and then claiming ownership of data about them, the big organisational changes needed to make the most of this kind of thing - these are all big costs and barriers. Technologies don't just need to be possible, they also need to be desirable and cost-effective.
The whole term 'internet of things' is also something of a rhetorical device. Things can already use the internet. They have been able to for quite some time. But for the most part, they just don't need to.
Well, we can argue on if IoT is good or bad for privacy, etc., but I think it's obvious that this future is inevitable. I wish i could say that you were wrong but yeah...people will be on board with anything that makes their life "easier". |
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So when can a tx be considered unreversable ?
Never, look at formula #14 in http://188.138.57.93/tangle.pdf. Just like in Bitcoin there is always a chance of doublespending. Not even when the weight cap is reached ? (The paper mentions the cap but I'm not sure it ever states if the cap will actually be applied) That cap is only for the own weight of a tx (in fact, as far as I know, the plan is to set it to constant). The cumulative weight may (and will) grow. Gotcha! Thanks for clarifying. |
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So what's the plan to bootstrap this thing ? Just pump "useless" transactions into it until the market/actual usage can sustain a constant flow?
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So when can a tx be considered unreversable ?
Never, look at formula #14 in http://188.138.57.93/tangle.pdf. Just like in Bitcoin there is always a chance of doublespending. Not even when the weight cap is reached ? (The paper mentions the cap but I'm not sure it ever states if the cap will actually be applied) |
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So for a transaction to be considered confirmed, the number of approving transactions multiplied by the minimal PoW must exceed the maximal possible adversary's PoW?
No, it's not that easy, if transaction flow drops then an adversary can catch up and double-spend. It's a never ending race. So when can a tx be considered unreversable ? |
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I think you are too vague, [...]
Yes, that is because are so many possibilities and we don't know where this journey takes us... As pat says, it is really up to the people and how they will use it. And not just that, it also depends on what other stuff will be developed upon the NEM platform. I think it's more a question of if other stuff will be developed. I feel like the team has wasted a great opportunity and we have already lost so many members that if something awesome is to be released I feel it may just be to late. There is absolutely no momentum one ninja release here then 10 months later another ninja release with no involvement of whats left of the community. And I am speaking as a bag holder I bought $17,000 worth of xem at 80 sat and watched it dwindle away. Feel free to join our testnet and mobile app test. There's a huge amount of development going on everyday. I am actually astounded at how much time the app is taking. That makes at least 2 of us Other then the now 11 month old app what else is happening? I am just bitter I backed you so heavily instead of Eth. You promised everything and delivered nothing. VC Funding, DragonflyPay, Mijin and some nice media coverage. And that's just what has been announced. Any chance your just not following NEM ? |
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I think you are too vague, [...]
Yes, that is because are so many possibilities and we don't know where this journey takes us... As pat says, it is really up to the people and how they will use it. And not just that, it also depends on what other stuff will be developed upon the NEM platform. I think it's more a question of if other stuff will be developed. I feel like the team has wasted a great opportunity and we have already lost so many members that if something awesome is to be released I feel it may just be to late. There is absolutely no momentum one ninja release here then 10 months later another ninja release with no involvement of whats left of the community. And I am speaking as a bag holder I bought $17,000 worth of xem at 80 sat and watched it dwindle away. Feel free to join our testnet and mobile app test. There's a huge amount of development going on everyday. I am actually astounded at how much time the app is taking. so is everyone else... |
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Wow 6btc in buy orders. Im starting to think 1 satoshi really is a possibility I used to think it was fud but now it has a real chance.
Anything - no matter how negativ - is a possiblity so long as people fall for FUD. |
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I think you are too vague, [...]
Yes, that is because are so many possibilities and we don't know where this journey takes us... As pat says, it is really up to the people and how they will use it. And not just that, it also depends on what other stuff will be developed upon the NEM platform. I think it's more a question of if other stuff will be developed. I feel like the team has wasted a great opportunity and we have already lost so many members that if something awesome is to be released I feel it may just be to late. There is absolutely no momentum one ninja release here then 10 months later another ninja release with no involvement of whats left of the community. And I am speaking as a bag holder I bought $17,000 worth of xem at 80 sat and watched it dwindle away. I don't really get the point. Good development takes time, if the so called community is not patient enough to wait until more good stuff is released, then that is not a wasted opportunity, but nothing we can change. Namespace & Mosaic has great potential, with these features NEM is again making a great step towards a high tech platform with huge potential to do a lot of stuff we cant even think about now. At the same time the mobile apps (iOS and Android) are making progress as we have more beta testers now. And then we are working on NCC as well, but all of this will only be visible for the public when it is released. We are all tired of all the promises a lot of crypto projects are making and then nothing is happening. NEMs team is just doing it, no big promises are ETAs. you dont need just my opinion the lack of any interest from the few remaining nemsters speaks for itself. You should join slack or telegram. There is more interest and stuff going on than ever. Any remaining nemster that only checks btt will sadly miss a lot simply because this is not the platform that any legit project will want to make it's home. |
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