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

[MrPortMan]

i think the first distribution of late claimed stakes is tomorrow so the current drop could be attributed to people speculating on an incoming dump.. reason for general low prices im not sure..

Not really...  someone with big pockets has been trying to pick up as much XEM as possible in the ~65 sats range all week...  it will be interesting to see what will happen when he/she/they are done.  

Actually...  a potential incoming dump might be desirable at this stage...  as it will just fill his/her/their pockets faster!!!  


Edit:  And then you have the bots...  lol  

   

 

We have the bots

[hvezdasmrti]

Just an arb, nothing extra ordinary...

People speculating with sockpuppets dump tomorrow so they dump the price to make them unable to sell high. Buy orders were hidden and we may see a spirale of dumps   Dont rebuy too high, let them bleed as hell.

[yshin365new]

UPDATE: The first batch of extended redeemers and cleared socks will be delayed somewhat as I am writing a paper (for NEM) and I need to focus on that. We'll try to send out the first batch around 4/26.
« Last Edit: April 18, 2015, 01:49:27 PM by makoto »

I think nemsters seem to be too busy to visit following. 

https://forum.ournem.com/nem-news-alerts/extended-redemption/msg16478/#msg16478

[grewalsatinder]

Sorry if its covered here in previous posts. But I didn't catch those for some time.

Just to be clear, To 'Start Local Harvesting' I need 10,000 (Ten Thousand) Vested XEM Balance or 1000 (One Thousand) Vested XEM Balance ??

I have more than 1900+ Vested XEM Balance, and getting:

ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

If it's 10,000 Vested XEM, can I have a link to bug submission link?
If it's 10,000 I see it not corrected in the latest 0.6.28 update. When are we expecting it to be corrected?

[DenisZabar]

Sorry if its covered here in previous posts. But I didn't catch those for some time.

Just to be clear, To 'Start Local Harvesting' I need 10,000 (Ten Thousand) Vested XEM Balance or 1000 (One Thousand) Vested XEM Balance ??

I have more than 1900+ Vested XEM Balance, and getting:

ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

If it's 10,000 Vested XEM, can I have a link to bug submission link?
If it's 10,000 I see it not corrected in the latest 0.6.28 update. When are we expecting it to be corrected?

Me to, same problem.

[DenisZabar]

This is adress from poloniex.
They getting big piece of cake.

Address    NBZMQO-7ZPBYN-BDUR7F-75MAKA-2S3DHD-CIFG77-5N3D
Label    No label - Add to address book
Balance    169 707 978.500022 XEM (vested: 51 096 757.137679)
Importance    119.48 ‱
Public key    2f69c71a7cd584e5f92ff787fb1d68aab53985c577eff6e9061c15768899433c
Harvested blocks    1232

[mrvegad]

Sorry if its covered here in previous posts. But I didn't catch those for some time.

Just to be clear, To 'Start Local Harvesting' I need 10,000 (Ten Thousand) Vested XEM Balance or 1000 (One Thousand) Vested XEM Balance ??

I have more than 1900+ Vested XEM Balance, and getting:

ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

If it's 10,000 Vested XEM, can I have a link to bug submission link?
If it's 10,000 I see it not corrected in the latest 0.6.28 update. When are we expecting it to be corrected?

This has been reported many times already, it will be fixed #SOON

[patmast3r]

Sorry if its covered here in previous posts. But I didn't catch those for some time.

Just to be clear, To 'Start Local Harvesting' I need 10,000 (Ten Thousand) Vested XEM Balance or 1000 (One Thousand) Vested XEM Balance ??

I have more than 1900+ Vested XEM Balance, and getting:

ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

If it's 10,000 Vested XEM, can I have a link to bug submission link?
If it's 10,000 I see it not corrected in the latest 0.6.28 update. When are we expecting it to be corrected?

It's 10 000 and the typo has been reported for a bit I think. Dunno why it hasn't been fixed.

[yshin365new]

This is adress from poloniex.
They getting big piece of cake.

Address    NBZMQO-7ZPBYN-BDUR7F-75MAKA-2S3DHD-CIFG77-5N3D
Label    No label - Add to address book
Balance    169 707 978.500022 XEM (vested: 51 096 757.137679)
Importance    119.48 ‱
Public key    2f69c71a7cd584e5f92ff787fb1d68aab53985c577eff6e9061c15768899433c
Harvested blocks    1232

How about letting Cryptsy know this?
They will add XEM/BTC market instantly.

[Tompa]

Sorry if its covered here in previous posts. But I didn't catch those for some time.

Just to be clear, To 'Start Local Harvesting' I need 10,000 (Ten Thousand) Vested XEM Balance or 1000 (One Thousand) Vested XEM Balance ??

I have more than 1900+ Vested XEM Balance, and getting:

ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

If it's 10,000 Vested XEM, can I have a link to bug submission link?
If it's 10,000 I see it not corrected in the latest 0.6.28 update. When are we expecting it to be corrected?

It's 10 000 and the typo has been reported for a bit I think. Dunno why it hasn't been fixed.

Here is github report of the bug: https://github.com/NewEconomyMovement/NemCommunityClient/issues/365
There is no need to report it again only maybe some sort of a bump that it is still present in .28

[Tompa]

Is it better to harvest local oder is it better to harvest delegated?

I'm definitely going with delegated harvesting.
Here is some comparison article I wrote about it.

http://support.ournem.com/knowledgebase.php?article=13

I hope I got everything right. If not - devs/more experienced NEMsters - please correct me.

Also this is first public appearance of NEM Knowledgebase, a small project several of us in the support team were working on.

Thanks. I activated delegated harvesting because I want (everyone should want) to harvest 24/7. I think it's the better choice. Can someone tell what the "vested balance" is? Is it only a virtual number which defines the importance of my account?

P.S.: I will harvest blocks while using delegated harvesting, right? In case that I found a block while delegated harvesting and the block contains fee, will I get this fee automatically on my real account?

P.P.S.: On (http://blog.nem.io/how-local-and-delegated-harvesting-works/) there is nothing about replacing 'localhost' with a public node. I think this info should be added, including a link to the list of public nodes.

Vested balance is "virtual" number which is one component of the importance score. It exist and the vesting is "slow" so that it is harder to game the system. On that vested number the usefulness (which is calculated using how many transactions you are having and with whom) is added. That is Proof of Importance (PoI). If you just have XEM and don't interact with others on the network your importance score will just be calculated out of your vested balance - than, for you, it is only Proof of Stake (PoS).

P.S. Yes and yes
P.P.S. Yes, I agree - hence the my article on KDB :-) But remember that using other people's nodes, you will be harvesting (even when you computer is off) but you will not be supporting and strenghtening the network (just like electrum wallet is not for BTC) that is why it is strongly encouraged the setting up your node like on Raspberry Pi or VPS.

Edit: Here is the tutorial how to set up FREE VPS on Amazon: https://forum.ournem.com/vps-nodes/how-to-create-an-amazon-ec2-vps/

Thanks for your answers. Yeah, I will setup my own node, soon.

Until you do, try out those public nodes. :-D

[Fatih87SK]

Can't enter my wallet, after I enter my passphrase it doesn't open it. Just stays at the same page;

When I hover over the shield on the taskbar it says;

NIS is running (local node not booted), NCC is running.

What does that mean?

[patmast3r]

Can't enter my wallet, after I enter my passphrase it doesn't open it. Just stays at the same page;

When I hover over the shield on the taskbar it says;

NIS is running (local node not booted), NCC is running.

What does that mean?

I'm guessing you have a space or a dot in the name of your wallet. That's what usually causes this behaviour.
There's already a ticket open to validate the wallet name on creation.

[pabloangello]

I have bought some XEM (more than 10k) and sent it to my wallet. Opened wallet on local machine and I still can't start local harvesting. It still claims I have too few XEMs. Also "Importance of account to the NEM cloud" is still 0%. What is the problem?

[patmast3r]

I have bought some XEM (more than 10k) and sent it to my wallet. Opened wallet on local machine and I still can't start local harvesting. It still claims I have too few XEMs. Also "Importance of account to the NEM cloud" is still 0%. What is the problem?

It takes time for your XEM to get vested. You need 10k vested XEM before you can start harvesting. Each day 10% of your XEM will get vested.

[pabloangello]

I have bought some XEM (more than 10k) and sent it to my wallet. Opened wallet on local machine and I still can't start local harvesting. It still claims I have too few XEMs. Also "Importance of account to the NEM cloud" is still 0%. What is the problem?

It takes time for your XEM to get vested. You need 10k vested XEM before you can start harvesting. Each day 10% of your XEM will get vested.

Does my wallet need to be open all that time?

[patmast3r]

I have bought some XEM (more than 10k) and sent it to my wallet. Opened wallet on local machine and I still can't start local harvesting. It still claims I have too few XEMs. Also "Importance of account to the NEM cloud" is still 0%. What is the problem?

It takes time for your XEM to get vested. You need 10k vested XEM before you can start harvesting. Each day 10% of your XEM will get vested.

Does my wallet need to be open all that time?

Nope.

[pabloangello]

I have bought some XEM (more than 10k) and sent it to my wallet. Opened wallet on local machine and I still can't start local harvesting. It still claims I have too few XEMs. Also "Importance of account to the NEM cloud" is still 0%. What is the problem?

It takes time for your XEM to get vested. You need 10k vested XEM before you can start harvesting. Each day 10% of your XEM will get vested.

Does my wallet need to be open all that time?

Nope.

Ok thank you very much.

[rockethead]

I have bought some XEM (more than 10k) and sent it to my wallet. Opened wallet on local machine and I still can't start local harvesting. It still claims I have too few XEMs. Also "Importance of account to the NEM cloud" is still 0%. What is the problem?

It takes time for your XEM to get vested. You need 10k vested XEM before you can start harvesting. Each day 10% of your XEM will get vested.

Does my wallet need to be open all that time?

Nope.

Ok thank you very much.

I would suggest you get up to 100k to see anything meaningful happen. You can start harvesting within the next day.

[pabloangello]

I have bought some XEM (more than 10k) and sent it to my wallet. Opened wallet on local machine and I still can't start local harvesting. It still claims I have too few XEMs. Also "Importance of account to the NEM cloud" is still 0%. What is the problem?

It takes time for your XEM to get vested. You need 10k vested XEM before you can start harvesting. Each day 10% of your XEM will get vested.

Does my wallet need to be open all that time?

Nope.

Ok thank you very much.

I would suggest you get up to 100k to see anything meaningful happen. You can start harvesting within the next day.

I have more so I hope it will work tomorrow.