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

[elelegzet]

Wish I saw this coin before, no idea where to join in.

Feel the same, regret not buying in sooner, sucks but can't watch every coin 

I had 10 stakes of this coin but after that Pat guy "screwed up" by giving away stakes to random accounts the whole thing seemed super sketchy to me and I sold them all like a fool. Epic.

Same. Except I had 4. This is quite depressing!

 Don't hurt yourself, guys. And you can STILL buy it cheap, I'll tell you...

[LemonAndFriesOne]

NEM long term holders right now:

[ZeroTheGreat]

Guys, I don't have much time to read-search mans, so: is there a way to pause NIS/NCC to free RAM and then resume to harvesting without reopening wallet? Thx in adv

Anyone? )

[teletobi]

Guys, I don't have much time to read-search mans, so: is there a way to pause NIS/NCC to free RAM and then resume to harvesting without reopening wallet? Thx in adv

Anyone? )

What about remote delegated Harvesting? Then there´s no RAM at all needed.

[Fatih87SK]

XEM took a little break. But now it's on the move again.

Next stop is at 3k satoshi  

All aboard!

[Blazin8888]

In NEM harvesting is the act of forming blocks (mining/forging). A harvester must have at least 10,000 vested XEM in his/her account and be running a booted and synchronized node. Once a block is formed by that harvester, a new block is added to the chain and all the fees collected from that block will be delivered to the harvester’s account.

NEM has additionally enabled a feature called delegated harvesting. This is when a person is able to request other people to form blocks and process fees for them, but done in a safe and secure way so that a person’s funds are not ever locked up, and fees are always given directly to the person that activated delegated harvesting, not the person that was harvesting for them.


why would someone want to use delegated harvesting? I would not let someone use my hardware to mine coins and I dont get paid...? How does this work?

[Fatih87SK]

In NEM harvesting is the act of forming blocks (mining/forging). A harvester must have at least 10,000 vested XEM in his/her account and be running a booted and synchronized node. Once a block is formed by that harvester, a new block is added to the chain and all the fees collected from that block will be delivered to the harvester’s account.

NEM has additionally enabled a feature called delegated harvesting. This is when a person is able to request other people to form blocks and process fees for them, but done in a safe and secure way so that a person’s funds are not ever locked up, and fees are always given directly to the person that activated delegated harvesting, not the person that was harvesting for them.


why would someone want to use delegated harvesting? I would not let someone use my hardware to mine coins and I dont get paid...? How does this work?

Delegated harvesting is;

Using your own balance to harvest at an external node.

YOU get the payouts.

That's the beauty of it.

[Blazin8888]

So for POI...trying to wrap my head around this...in the future theoretically if I wanted to harvest coins...the more I use my wallet the more I am rewarded with coins? So if I start a business I would have transactions incoming to a certain wallet and would that in turn reward me with coins?

[ctrent33]

NEM's song  http://www.metrolyrics.com/john-cena-my-time-is-now-john-cena-ml-video-n98.html

[XbladeX]

So for POI...trying to wrap my head around this...in the future theoretically if I wanted to harvest coins...the more I use my wallet the more I am rewarded with coins? So if I start a business I would have transactions incoming to a certain wallet and would that in turn reward me with coins?

Yes i don't know extract formula but, if you make a lot of transactions then your Importance is raising.

[Tosun14]

So for POI...trying to wrap my head around this...in the future theoretically if I wanted to harvest coins...the more I use my wallet the more I am rewarded with coins? So if I start a business I would have transactions incoming to a certain wallet and would that in turn reward me with coins?

NEM uses the PoS and PoI algorithm.

PoS = Harvesting; generate/earn blocks with XEM in it. The more XEM you have the more chance you have generating income.

PoI = About how active your wallet/node is. When you generate transactions with your wallet; your so called 'importance' grows. This way you can get a higher chance to earn XEM.

Delegated Harvesting = Connect to another node. I don't know how this will impact your 'importance' score. But you have chance to earn XEM anyway because of the PoS algorithm.

That all said; the XEM you can earn with this; is not much. So don't get too excited.

[XbladeX]

...
I gotta say its looking good....

much less bad feeling around NEM than ETH/DOA

NEM = New ETH

Yes once ETH proved that their "contracts codding" language can be exploited money are seeking for next "ETH" probably.
Anyway its not good for crypto because ETH could bring new opportunities to it,new people.

[teletobi]

In NEM harvesting is the act of forming blocks (mining/forging). A harvester must have at least 10,000 vested XEM in his/her account and be running a booted and synchronized node. Once a block is formed by that harvester, a new block is added to the chain and all the fees collected from that block will be delivered to the harvester’s account.

NEM has additionally enabled a feature called delegated harvesting. This is when a person is able to request other people to form blocks and process fees for them, but done in a safe and secure way so that a person’s funds are not ever locked up, and fees are always given directly to the person that activated delegated harvesting, not the person that was harvesting for them.


why would someone want to use delegated harvesting? I would not let someone use my hardware to mine coins and I dont get paid...? How does this work?

Delegated harvesting is;

Using your own balance to harvest at an external node.

YOU get the payouts.

That's the beauty of it.

Thats a reason why the Supernodes get Paid. They get paid that there are enough Nodes where you can harvest delegate.

[nzminer]

...
I gotta say its looking good....

much less bad feeling around NEM than ETH/DOA

NEM = New ETH

Yes once ETH proved that their "contracts codding" language can be exploited money are seeking for next "ETH" probably.
Anyway its not good for crypto because ETH could bring new opportunities to it,new people.

All i know is i dont understand why so many others did not see this as a huge risk???

I saw this happening from day one, so the DAO hack was not a surprise to me one little bit!

[kattokassinen]

Those who haven't yet, please vote for NEM.

https://twitter.com/ProjectInvesd/status/747085082482057216

We need everyone's vote. This is being heavily spammed on Waves' slack too.

[rajc]

Guys, I don't have much time to read-search mans, so: is there a way to pause NIS/NCC to free RAM and then resume to harvesting without reopening wallet? Thx in adv

Anyone? )

http://blog.nem.io/nis-auto-start-and-auto-harvest/

[lx001]

Congratulations, you all did a great job!

Sorry if I'm repeating, but what devs are planning to do with the silver coin fund? And whats up with that altnemo thing? It has not been updated in a while

[XbladeX]

Guys, I don't have much time to read-search mans, so: is there a way to pause NIS/NCC to free RAM and then resume to harvesting without reopening wallet? Thx in adv

Anyone? )

http://blog.nem.io/nis-auto-start-and-auto-harvest/

Or just activate delegated harvesting after 6hours connect to some of supernode:
http://supernodes.nem.io/
run "delegated harvesting" on their node where is free slot it will harvest for you remontly

[Xpedite]

NEM long term holders right now:

Thanks for that!

For the newcomers, consider that a lesson for the future. Remember history repeats itself 

[klee]

Not wanna be the party breaker but probably XEM top is in!

It was a great party though.

In case it breaks 2000 it will shoot up to 10K.

So here is the deal whales...