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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: November 16, 2016, 08:25:04 PM
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So catapult is another private blockchain based on NEM?
No, catapult is new NEM/MIJIN Core rewritten in C, more reliable and more Tx/s. Are you sure? Catapult seems to be an extension to NEM, and not a new NEM - see quote from whitepaper Mijin and Catapult are permissible blockchains. The development difference is that Mijin is an extension of the NEM public blockchain. The second version, Catapult, shall be the reverse, i.e., it shall be an extension of the private chain into the NEM public chain. It is specially designed to add more functions and features to support the financial industry where critical features and functions are required of the blockchain.
Im pretty sure its intended to replace the existing java based core... Jabo38 may be able to elaborate on this. |
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502
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Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed
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on: November 16, 2016, 09:09:40 AM
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The more steempower someone has, the more his/her vote is worth and by upvoting the blogs/posts he likes he is rewarding the authors a portion of the daily "mining rewards"
It also translates to "The richer you are, the more his/her vote is worth and by upvoting wives/gf/buddy/friends/relatives/new-friends-they-got-to-know-on-steemit/authors-who-usually-got-upvoted-a-lot-even though-their-content-is-shit a portion of the daily "mining rewards" which come from the pockets of investors e.g. Laonie who invested with 400 BTC"
What a "great" idea to get ultra rich within 6 months... I am sure steemit bloggers and the founders can sleep well at night :p
OK interesting, so essentially its a way of mining? So if you hold more steem power, that also gives the whales more steem at the same time they upvote? |
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506
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEM's Apostille - The only 2nd generation blockchain notarization app
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on: November 14, 2016, 05:30:29 AM
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Agree on both accounts! It only takes one legit party to commit.....I think factom is proof of that. Not to mention, NEM offers far more than just notary tech  NEM offers more features than other blockchains and so Apostille does a lot more than any notarization program I have seen and tested and I have tested a lot. We are talking about how to get Apostille in front of the eyes businessmen and have some ideas, but for anybody that is interested in making a mark and starting their own business, Apostille is a potential gold mine. It is so much further along than other notarization programs, if you can find a business/government in your area that is looking at blockchain tech for this use case, and you can manage to get a talk with a representative from that company, you can outshine and out pitch other platforms. They will still be in "talking" stage and the talk they have isn't nearly as much and Apostille is already working and ready to be rolled out and does much more. The beauty with NEM is it doesnt even need "features"! It's main feature is scalability and this means that people can use their own imagination on what they want to do with NEM, and Apostille is one such example!  |
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508
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best cryptocurrency to invest for 2017 ?
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on: November 13, 2016, 02:21:33 AM
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Waves is a good choice, since it's one of the few big things in the crypto world which hasn't still gone to the moon. Good choice for long term investment. Stratis, NEM, Factom and, of course, BTC are other good choices. Waves
wave is buried already it was a bad copy of lisk and anyway ico are all bad and risky, just look at what happened to lisk it was dumped to the initial point in one day, ico are driven by pump and dump scheme from whales and nothing else, invest in project that actually offer something unique and have always pow as a backup, without pow, it will not work ever imho Waves is a copy of lisk? Seriously, where did you get that idea buddy? It's the first time I'm reading someone say that! Thanks for the lol by the way.  yeah they are on the same boat, they offer the same thing, really tell me what is different from those two shitty ico, even the pump and dump was the same, they start big above the initial ico value and then dumped to that value, early investors got screwed lately because they pumped the price first and remained with peanuts As far as I know, Waves was a modified clone of NXT... Im over it with ICO's. NEM and Ardor are worth Holding, IOTA remains to be seen, yes this was an ICO I know, but at least its a high quality project and has a different approach than other cryptos. |
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510
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Alternate cryptocurrencies / Altcoin Discussion / Re: NEM releases Android App
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on: November 11, 2016, 11:12:45 PM
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Anyone think XEM can hit $1 in the long term?
I would love to pick up a couple hundred thousand coins and have it hit a dollar or more.
Long term I think it's conceivable. For that to happen Bitcoin would need to be far bigger than it is now and the rest of the world much more comfortable with blockchain type stuff. NEM's applications are a huge potential market. The technology behind NEM is really powerful compared to Ethereum or any other crypto for that matter, so I feel that in the next 12 months, that we have a high chance if hitting $1 billion, give it 5 or more years and its very possible we could hit $1 per NEM, especially if the $USD crashes |
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513
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEM's Apostille - The only 2nd generation blockchain notarization app
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on: November 10, 2016, 08:31:21 AM
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When will be added to POLO?
Apostille didn't have an ICO, but it is on the NEM blockchain which is XEM. The fact was, we didn't need an ICO. We made a small community fund application for about $5000 at the time and that was enough to get Apostille built as NEM is so easy to build on. This talks about the community fund. https://blog.nem.io/how-or-where-to-do-i-get-xem/And this talks about how to build an app on the open source Nano. https://forum.nem.io/t/how-to-build-a-module-for-nano-wallet/2976Of course, when an app is built, you can have your own token to run the app. NEM allows a person to create customizable assets and tokens; these assets are called mosaics, and actually XEM is just one of many mosaics on the NEM blockchain. We could have done an ICO and made our own token to make Apostille work, but instead we decided to just use XEM only. And this also demonstrates what anyone is capable of doing with the NEM blockchain. Apostille is just one example, imagine the potential once more people start developing more modules |
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514
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: November 10, 2016, 08:24:36 AM
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thank you ! thought it will come out together with the catapult whitepaper. Did get this wrong
There is another Catapult whitepaper that has been written and is in its final stage of review. That one will explain the Catapult technology and why we believe it is the best blockchain architecture there is. The Apostille white paper is more about the specific application of just this one use case. This is too technical for me but I am happy with the development in NEM. Though I already lost some value almost 50% of it but still I am holding since I do believe the dev team and its development. Hope more applications and projects to come. investor hint "average down" mean if u bought in into something that u wont sell at a loss and u believe in its future when it fall in price buy more to reduce ur average investment per coin done right u reached a possible ROI 100% state of ur investmen again far before ur initial maybe high entry price is reached I agree, and remember, it doesnt matter what price anyone has currently entered NEM at. Even if you paid 1400+ sats for your XEM, it will still give a good return long term, only those that sold have lost... |
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