NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[NEMergizer]

I can't wait for the incessant noise about launch to be over with.  We get it people you want XEM to be live. there isn't one person who does not want XEM to be out of testnet. but no amount of plea bargaining on bitcointalk, forum.nemcoin, twitter, facebook or a note notarized signed by your mother is going to convince these devs to ship ugly. so all your doing is wasting breath(text). remember December launch quote was before multisig was included in the plan. you see the need for it right? we got an awesome feature that separates XEM from most coins with an extra month of coding. and now some testing.

TL;DR unwind your bunched panties, it will launch when ready, and it will be more glorious than the NEM that convinced you to buy a stake.

PS if your complaining about timelines and have a free stake go to hell.

Nailed it. Once you shift through the smoke and mirrors (fud and nonsense), this is really all thats important. In a world thats dominated by day-traders and pump and dumpers, i can't say i'm surprised that so many lack the patience needed to make a unique crypto.

In the meantime, people should be supporting by running the beta.

What i do find rather funny is that all this extra work and effort the devs pour into NEM is precisely what gives it value. In the long haul, the users in this new ecosystem benefit, but sadly so many are caught up in immediate gratification in the short term at the expense of long term -- this is in contrast to why I invested in NEM.

I'm tired of seeing clones and alt currencies based on PoW formula, it's become stagnant and it's why so many people exploit alts. No innovation, nothing groundbreaking and no progress, only people who manipulate those markets to concentrate wealth into the hands of a few (whales), leaving bagholders with nothing of value. NEM's distribution will really help combat this.

I "invested" into nem under the assumption that what i put in i may lose. This is how it goes in crypto. The Alpha/Beta has shown this is developing into a real, serious project, with more yet to come. I'm quite happy to wait as long as it takes because i know this is, as previously stated, a Sleeping Giant.

+1 Thingamajig

[jnada]

your right it could have launched soon. But then the devs would have been holding large amounts of funding with out the ability secure those funds with multisig. What would happen to nem if those funds were hacked or lost? The devs are simply trying to ensure the longevity of nem beyond 6 weeks or months. A loss of any funds would be catastrophic for nem. It's just not something that should be risked if it can be avoided.

I don't know why this multisig feature attracted myself so much to NEM idea, but If I could have a word - I'm ready to wait another year, just to see NEM what this coin supposed to be..

A long, worth awaiting  coin: NEM

All the best for NEM DEV team

ps/edit 03:20 UTC

[MadGhost]

your right it could have launched soon. But then the devs would have been holding large amounts of funding with out the ability secure those funds with multisig. What would happen to nem if those funds were hacked or lost? The devs are simply trying to ensure the longevity of nem beyond 6 weeks or months. A loss of any funds would be catastrophic for nem. It's just not something that should be risked if it can be avoided.

I don't know why this multisig feature attracted myself so much to NEM idea, but If I could have a word - I'm ready to wait another year, just to see NEM what this coin supposed to be..
All the best for NEM DEV team

The development of the NEM is great from the start.

[makoto1337]

https://forum.nemcoin.com/beta-launch-discussion/nem-beta-0-5-5/msg12697/#msg12697   

[lordoliver]

No one cares about innovative features, the fact is this coin is a rough copy of NXT, even the UI is the same. So what about the people who paid real money for this coin and are being treated like they are spoilt children for asking for what the paid for ina reasonable time that was promised. Leaders of coins hold all the power due to being anonomous and can really do whatever they want. Sadly not one single apology has come out of the leaderships mouths when pushed for promises to be kept...not one. New Economy? More like more of the arrogant same to me..

of course :-)
and bitshares is surely also a copy of NXT, hu? A yes. And Bitcoin as well.
The Nxt team build the software already in secret and satoshi stole their code... what a scammer...

[lordoliver]

No one cares about innovative features, the fact is this coin is a rough copy of NXT, even the UI is the same. So what about the people who paid real money for this coin and are being treated like they are spoilt children for asking for what the paid for ina reasonable time that was promised. Leaders of coins hold all the power due to being anonomous and can really do whatever they want. Sadly not one single apology has come out of the leaderships mouths when pushed for promises to be kept...not one. New Economy? More like more of the arrogant same to me..

of course :-)
and bitshares is surely also a copy of NXT, hu? A yes. And Bitcoin as well.
The Nxt team build the software already in secret and satoshi stole their code... what a scammer...

If I didn't have a fucking clue and spoke shit English I probably wouldn't bother making comments. Clearly you feel differently.

No other argument, than blaming a german to speak no perfect english? Pity!

Edit: O my god, I even wrote english without the capital "E", how dare me...

[jabo38]

I really like the new address book. 

I saw a couple of things that I saw on the previous version that I thought could be improved.  I put in messages in Github and now it is updated. 

I am really happy with how the labels work through out the client now. Very useful!

[sjarkara]

No one cares about innovative features, the fact is this coin is a rough copy of NXT, even the UI is the same. So what about the people who paid real money for this coin and are being treated like they are spoilt children for asking for what the paid for ina reasonable time that was promised. Leaders of coins hold all the power due to being anonomous and can really do whatever they want. Sadly not one single apology has come out of the leaderships mouths when pushed for promises to be kept...not one. New Economy? More like more of the arrogant same to me..

of course :-)
and bitshares is surely also a copy of NXT, hu? A yes. And Bitcoin as well.
The Nxt team build the software already in secret and satoshi stole their code... what a scammer...

If I didn't have a fucking clue and spoke shit English I probably wouldn't bother making comments. Clearly you feel differently.

No other argument, than blaming a german to speak no perfect english? Pity!

Edit: O my god, I even wrote english without the capital "E", how dare me...

I thought I was being nice focusing only on your language skills because what you actually said was so utterly fucking stupid I didn't want to embarrass you.

get a life you loser.

[nzminer]

What was the big deal about multisig anyway?
Im not sure why the devs wanted to add this before launch, I would have been happy to wait for it to be added later but it is a good feature, but i should also mention that there are other coins currently already using it.

[nembit86]

What was the big deal about multisig anyway?
Im not sure why the devs wanted to add this before launch, I would have been happy to wait for it to be added later but it is a good feature, but i should also mention that there are other coins currently already using it.

1) devs will be in control of a huge amount of coins and do not want to risk holding them in regular accounts.. 1 hack = devs lose credibility and nem dies.

2) other coins do have multisig, but not blockchain based multisig. there is a MASSIVE difference.

3) the more skeptical investors, or risk averse, will feel much safer investing in Nem knowing they can secure their investment safely with multisig.

4) 3rd parties(exchanges, payment processors et al) will be able to use multisig to secure funds so we wont have any mtgox, bter, bitstamp [and so] type hacks which make the coin stolen look bad even though its nothing to do with the actual coin(most of the time). also we wont ever end up in the position of nxt having to think about a roll back to recover 5% worth of coins that got stolen.

having multisig ready for launch was the BEST move the devs could have made.

Well put Kodtycoon.....

Does everybody know the song ? ........   http://youtu.be/w3PoTnkLfxE    'Thats what our coin is '

[vonBerlichingen]

4) 3rd parties(exchanges, payment processors et al) will be able to use multisig to secure funds so we wont have any mtgox, bter, bitstamp [and so] type hacks which make the coin stolen look bad even though its nothing to do with the actual coin(most of the time). also we wont ever end up in the position of nxt having to think about a roll back to recover 5% worth of coins that got stolen.

having multisig ready for launch was the BEST move the devs could have made.

Yes.  If I remember my stolen coins on mintpal and cryptorush...

[Siegtal81]

What was the big deal about multisig anyway?
Im not sure why the devs wanted to add this before launch, I would have been happy to wait for it to be added later but it is a good feature, but i should also mention that there are other coins currently already using it.

1) devs will be in control of a huge amount of coins and do not want to risk holding them in regular accounts.. 1 hack = devs lose credibility and nem dies.

2) other coins do have multisig, but not blockchain based multisig. there is a MASSIVE difference.

3) the more skeptical investors, or risk averse, will feel much safer investing in Nem knowing they can secure their investment safely with multisig.

4) 3rd parties(exchanges, payment processors et al) will be able to use multisig to secure funds so we wont have any mtgox, bter, bitstamp [and so] type hacks which make the coin stolen look bad even though its nothing to do with the actual coin(most of the time). also we wont ever end up in the position of nxt having to think about a roll back to recover 5% worth of coins that got stolen.

having multisig ready for launch was the BEST move the devs could have made.

Thats it ! + 100 % NEM

[Djinou94]

Multinem is important  

[dandruff1138]

What was the big deal about multisig anyway?
Im not sure why the devs wanted to add this before launch, I would have been happy to wait for it to be added later but it is a good feature, but i should also mention that there are other coins currently already using it.

1) devs will be in control of a huge amount of coins and do not want to risk holding them in regular accounts.. 1 hack = devs lose credibility and nem dies.

2) other coins do have multisig, but not blockchain based multisig. there is a MASSIVE difference.

3) the more skeptical investors, or risk averse, will feel much safer investing in Nem knowing they can secure their investment safely with multisig.

4) 3rd parties(exchanges, payment processors et al) will be able to use multisig to secure funds so we wont have any mtgox, bter, bitstamp [and so] type hacks which make the coin stolen look bad even though its nothing to do with the actual coin(most of the time). also we wont ever end up in the position of nxt having to think about a roll back to recover 5% worth of coins that got stolen.

having multisig ready for launch was the BEST move the devs could have made.

Very Professional post. Can't wait for March.

[nutildah]

NEM = Nothing Ever Made

[makoto1337]

Multinem is important  

Proof-of-XEM Master

[Hollowman338]

NEM = Nothing Ever Made

You forgot to switch accounts, nutildah.

[wiser]

What was the big deal about multisig anyway?
Im not sure why the devs wanted to add this before launch, I would have been happy to wait for it to be added later but it is a good feature, but i should also mention that there are other coins currently already using it.

1) devs will be in control of a huge amount of coins and do not want to risk holding them in regular accounts.. 1 hack = devs lose credibility and nem dies.

2) other coins do have multisig, but not blockchain based multisig. there is a MASSIVE difference.

3) the more skeptical investors, or risk averse, will feel much safer investing in Nem knowing they can secure their investment safely with multisig.

4) 3rd parties(exchanges, payment processors et al) will be able to use multisig to secure funds so we wont have any mtgox, bter, bitstamp [and so] type hacks which make the coin stolen look bad even though its nothing to do with the actual coin(most of the time). also we wont ever end up in the position of nxt having to think about a roll back to recover 5% worth of coins that got stolen.

having multisig ready for launch was the BEST move the devs could have made.

Great post. It answered all the questions I didn't realize I had I especially like #4.

[jabo38]

NEM = Nothing Ever Made

You forgot to switch accounts, nutildah.

Here are some tips for trouble shooting.

What I did was go to search in windows.  Type "Java Config".  

In the Java control panel click "view".  Then delete all the things related to NEM.  

Then navigate to the NEM folder and delete the whole thing.  C:\Users\user name\nem

Turn off computer and restart.  Download the database file.  http://bob.nem.ninja/nis5.h2.db-11772.tgz

Also download the stand alone version from http://bob.nem.ninja/ (I had to unzip it and then unzip it a second time)

Then start NIS in the stand alone.  Then NCC.  Then close them both down.  (open the folder called "package".  click "runNis" and "runNcc".  If you do this correctly some command prompt boxes will pop up and be running code)

After 30 seconds close the NIS and NCC.

New NIS and NCC folders were created.  Paste in the database into the NIS folder at C:\Users\user name\nem\nis

Do not put any old wallets in NCC.  Just make fresh ones when NCC starts.

Restart NCC and NIS on stand alone.  

Go to  http://localhost:8989/ncc/web/index.html

[futurebit640]

new wallet is really good..it works to me well!