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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2892237 times)
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Mirko
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December 17, 2015, 11:30:29 AM
 #20641

This is just a hype based on actually nothing... Price will drop again...

of course it will drop. duh!
saying it's based on nothing is just bullshit. butthurt because you dumped early ?

Not really. I dumped when the price was 180 satoshi. Wink

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December 17, 2015, 11:33:05 AM
 #20642



So there is no direct correlation between mijin and NEM. They just use same API. or?

The direct correlation is, mijin uses NEM technology.

Redhat Linux uses Linux open source technology, but is hardened as an enterprise solution.

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December 17, 2015, 11:35:44 AM
 #20643

Question is if they have more benefits using NEM chain or their own Mijin chain.

Your choice, whichever suits you fine. It has been said before that the NEM project is agnostic to being centralised or decentralised. It is an open project.

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December 17, 2015, 11:36:33 AM
Last edit: December 17, 2015, 11:50:43 AM by jabo38
 #20644

So there is no direct correlation between mijin and NEM. They just use same API. or?

This is of course a question that is on everybody's minds.

Making direct connections between two chains, "side chains" or "Atomic Cross-Chain Transfers", is a very difficult process and nobody as of yet has come up seamless and easy to deploy working solution despite the idea being proposed years ago.  One of the largest teams of most talented minds in crypto, which is basically an all-star team of who's who (Blockstream) has yet to demonstrate a good working product despite have a huge team and tens of millions of dollars in VC funding.  

That said this is being researched into and considered by the devs, and in many ways a model where the NEM main chain is the intersection/birthing point of all the mijin chains is of course being investigated and is desirable. Also, NEM is not Bitcoin.  The NEM devs have already made a long list of firsts that no other blockchain has done and things that probably can't ever be done on Bitcoin.  First with PoI, first with Eigentrust, first with a new kind of spam protection, first time synced nodes, first with editable multisig with blockchain pushed notifications, first with delegated harvesting and so on.

But let me take a step back and talk about just the use of APIs by themselves.  As of writing this in the the first 24 hours of the offer, we have had over 50 companies apply to test Mijin.  This is in addition to a major bank and a business enterprise software platform that is integrating Mijin into over 5000 medium to large Japanese companies.  These businesses can use Mijin to trade with other trusted partners in a secured way.  It gets them into the blockchain game, but in a fully controlled environment that they can mandate and feel safe and secure about.  After some time if these companies/bank don't want to just trade amongst their few trusted partners but everybody and anybody in an open-market, then in just minutes they can have their software updated to trade over the NEM main chain.

Finding a chain that has any real business being run on it other than Ripple or Bitcoin is pretty rare, and finding one that has a bank or large company is even rarer.  It seems logical that if the NEM main chain can attract even a small percentage of trading from the companies that are using Mijin, it will be one of the top 5 blockchain platforms.    

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December 17, 2015, 11:44:42 AM
 #20645

Short question: do all these companies interested in Mijin will use XEM coin as fuel, engine, whatever? In other words, do XEM coin holders will benefit from Mijin or other projects around?
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December 17, 2015, 11:47:59 AM
 #20646

This is just a hype based on actually nothing... Price will drop again...

of course it will drop. duh!
saying it's based on nothing is just bullshit. butthurt because you dumped early ?

Not really. I dumped when the price was 180 satoshi. Wink

and you seem happy with yourself........you will rue the day......!!!!

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December 17, 2015, 11:55:22 AM
 #20647

Short question: do all these companies interested in Mijin will use XEM coin as fuel, engine, whatever? In other words, do XEM coin holders will benefit from Mijin or other projects around?

As of right now each Mijin chain has its own token for fuel.  I'm not sure if a final decision has been made on that or not and it will also depend on other things that are being explored like interconnection between a chain.  That basically for each Mijin to use XEM, then cross-chain transactions would need to be implemented.  Please see my post above.  

Making direct connections between two chains, "side chains" or "Atomic Cross-Chain Transfers", is a very difficult process and nobody as of yet has come up seamless and easy to deploy working solution despite the idea being proposed years ago.  One of the largest teams of most talented minds in crypto, which is basically an all-star team of who's who (Blockstream) has yet to demonstrate a good working product despite have a huge team and tens of millions of dollars in VC funding.  

That said this is being researched into and considered by the devs, and in many ways a model where the NEM main chain is the intersection/birthing point of all the mijin chains is of course being investigated and is desirable. Also, NEM is not Bitcoin.  The NEM devs have already made a long list of firsts that no other blockchain has done and things that probably can't ever be done on Bitcoin.  First with PoI, first with Eigentrust, first with a new kind of spam protection, first time synced nodes, first with editable multisig with blockchain pushed notifications, first with delegated harvesting and so on.

But let me take a step back and talk about just the use of APIs by themselves.  As of writing this in the the first 24 hours of the offer, we have had over 50 companies apply to test Mijin.  This is in addition to a major bank and a business enterprise software platform that is integrating Mijin into over 5000 medium to large Japanese companies.  These businesses can use Mijin to trade with other trusted partners in a secured way.  It gets them into the blockchain game, but in a fully controlled environment that they can mandate and feel safe and secure about.  After some time if these companies/bank don't want to just trade amongst their few trusted partners but everybody and anybody in an open-market, then in just minutes they can have their software updated to trade over the NEM main chain.

Finding a chain that has any real business being run on it other than Ripple or Bitcoin is pretty rare, and finding one that has a bank or large company is even rarer.  It seems logical that if the NEM main chain can attract even a small percentage of trading from the companies that are using Mijin, it will be one of the top 5 blockchain platforms.    


So yes, in the long term the NEM main chain and XEM are going to benefit.

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December 17, 2015, 12:00:44 PM
 #20648

So yes, in the long term the NEM main chain and XEM are going to benefit.

well yes atleast for sensationalist pumping type benefit  Roll Eyes
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December 17, 2015, 12:23:51 PM
 #20649

So yes, in the long term the NEM main chain and XEM are going to benefit.

well yes atleast for sensationalist pumping type benefit  Roll Eyes

true facts are hardly sensationalist.....!!!!!!

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December 17, 2015, 12:26:05 PM
 #20650

not much activity today unfortunately

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December 17, 2015, 12:50:44 PM
 #20651

So yes, in the long term the NEM main chain and XEM are going to benefit.

well yes atleast for sensationalist pumping type benefit  Roll Eyes

true facts are hardly sensationalist.....!!!!!!

These kinds of deals take seasons to make, not weeks or months.  If we were pumping we would have talked it up the whole time.  Chain after chain is always lying about their deals, their great tech, and all that they do.  Paycoin had a "deal" with Amazon.  Factom had a "deal" with the Hondoras government (they actually had a single meeting when they leaked that report).  And so and so on.  I am not going to slander every altcoin out there, but they lie about big deals saying they will get them over and over again.  We didn't ever mention any of this, we only said, "we are working hard".  And now that the companies have released their press releases, it is official. 

I will say it again, we are still working hard.  We have real deals with real major companies.  Nobody else has done this except Ripple.  People calling a deal with a bank and 5000 companies an attempt to pump XEM are silly.  We have always been interested in making a working blockchain solution that just works for the long run.   

You want to know what a real money is, not some silly BTT pump based on lies?  Infoteria had their marketcap raised by $70,000,000 since they announced they will be integrating NEM technology.  That was real money being traded on the Japanese stock exchange.  Not some stupid pump bots on a shady exchange while a big mouth typed on BTT about how they were going to change the world with some big deal or invent some new tech. 

And yesterday the cloud service provider Sakura announced that they are setting up free Mijin Cloudchains, and for the last two days in a row have had their stock frozen by the Japanese stock exchange for rising too high that it hit its limit, and did so after only 1.5 hours of trading yesterday. 



These are facts.  Its not some cheap ploy to pump XEM and to think so is silly or just a poor attempt at trolling.


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December 17, 2015, 12:55:09 PM
 #20652

So yes, in the long term the NEM main chain and XEM are going to benefit.

well yes atleast for sensationalist pumping type benefit  Roll Eyes

true facts are hardly sensationalist.....!!!!!!

These kinds of deals take seasons to make, not weeks or months.  If we were pumping we would have talked it up the whole time.  Chain after chain is always lying about their deals, their great tech, and all that they do.  Paycoin had a "deal" with Amazon.  Factom had a "deal" with the Hondoras government (they actually had a single meeting when they leaked that report).  And so and so on.  I am not going to slander every altcoin out there, but they lie about big deals saying they will get them over and over again.  We didn't ever mention any of this, we only said, "we are working hard".  And now that the companies have released their press releases, it is official. 

I will say it again, we are still working hard.  We have real deals with real major companies.  Nobody else has done this except Ripple.  People calling a deal with a bank and 5000 companies an attempt to pump XEM are silly.  We have always been interested in making a working blockchain solution that just works for the long run.   

You want to know what a real money is, not some silly BTT pump based on lies?  Infoteria had their marketcap raised by $70,000,000 since they announced they will be integrating NEM technology.  That was real money being traded on the Japanese stock exchange.  Not some stupid pump bots on a shady exchange while a big mouth typed on BTT about how they were going to change the world with some big deal or invent some new tech. 

And yesterday the cloud service provider Sakura announced that they are setting up free Mijin Cloudchains, and for the last two days in a row have had their stock frozen by the Japanese stock exchange for rising too high that it hit its limit, and did so after only 1.5 hours of trading yesterday. 



These are facts.  Its not some cheap ploy to pump XEM and to think so is silly or just a poor attempt at trolling.



Plus if it was the pump is being poorly executed lol

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December 17, 2015, 01:12:37 PM
 #20653

So yes, in the long term the NEM main chain and XEM are going to benefit.

well yes atleast for sensationalist pumping type benefit  Roll Eyes

true facts are hardly sensationalist.....!!!!!!


You want to know what a real money is, not some silly BTT pump based on lies?  Infoteria had their marketcap raised by $70,000,000 since they announced they will be integrating NEM technology.  That was real money being traded on the Japanese stock exchange.  Not some stupid pump bots on a shady exchange while a big mouth typed on BTT about how they were going to change the world with some big deal or invent some new tech.  


you want to know what the acronym NEM stands for? do you know what crypto is founded on?

(btw side note raising a marketcap by $70 000 000 or any figure isn't actually 'real money' as you put it, marketcap on any listed company is merely the current share price times number of shares, tis not real anything, but thats an entirely different topic for another day, and who gives a rats here about some fiat based company anyway).

seems those behind NEM are just corporate banker wannabes.


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December 17, 2015, 01:18:54 PM
 #20654


you want to know what the acronym NEM stands for?

Never Enough Makoto?

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December 17, 2015, 01:20:00 PM
 #20655

I have some coins from my nem stake.
I have an account, a private and a public key.
At the moment I have some problems with Java so the client is not running.

Can I leave the coins where the are? ...or do I have do do something to keep them save?

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.
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December 17, 2015, 01:27:31 PM
 #20656


you want to know what the acronym NEM stands for?

Never Enough Makoto?


always thought you guys pictured it as New Easy Money  Shocked
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December 17, 2015, 01:40:26 PM
 #20657

So yes, in the long term the NEM main chain and XEM are going to benefit.

well yes atleast for sensationalist pumping type benefit  Roll Eyes

true facts are hardly sensationalist.....!!!!!!

These kinds of deals take seasons to make, not weeks or months.  If we were pumping we would have talked it up the whole time.  Chain after chain is always lying about their deals, their great tech, and all that they do.  Paycoin had a "deal" with Amazon.  Factom had a "deal" with the Hondoras government (they actually had a single meeting when they leaked that report).  And so and so on.  I am not going to slander every altcoin out there, but they lie about big deals saying they will get them over and over again.  We didn't ever mention any of this, we only said, "we are working hard".  And now that the companies have released their press releases, it is official. 

I will say it again, we are still working hard.  We have real deals with real major companies.  Nobody else has done this except Ripple.  People calling a deal with a bank and 5000 companies an attempt to pump XEM are silly.  We have always been interested in making a working blockchain solution that just works for the long run.   

You want to know what a real money is, not some silly BTT pump based on lies?  Infoteria had their marketcap raised by $70,000,000 since they announced they will be integrating NEM technology.  That was real money being traded on the Japanese stock exchange.  Not some stupid pump bots on a shady exchange while a big mouth typed on BTT about how they were going to change the world with some big deal or invent some new tech. 

And yesterday the cloud service provider Sakura announced that they are setting up free Mijin Cloudchains, and for the last two days in a row have had their stock frozen by the Japanese stock exchange for rising too high that it hit its limit, and did so after only 1.5 hours of trading yesterday. 



These are facts.  Its not some cheap ploy to pump XEM and to think so is silly or just a poor attempt at trolling.



also this is by far the most hype generating anti hype message ever

what could generate more hype

then the message that its reall stuff!

 
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December 17, 2015, 01:45:26 PM
 #20658

Can we get a marketplace section going on the NEM forum? I would like to sell some silver for XEM.

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December 17, 2015, 02:11:12 PM
 #20659

Can we get a marketplace section going on the NEM forum? I would like to sell some silver for XEM.

Great idea.....you are welcome to start one ...   Smiley

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December 17, 2015, 02:27:08 PM
 #20660


Plus if it was the pump is being poorly executed lol

Well, this is one time I welcome one of you troll comments. hahaha

The NEM team doesn't ever manipulate the market.  While I suspect that is quite common for other platforms (sometimes I feel like we are the only ones who don't), that is not who we want to be.

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