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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2900675 times)
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LemonAndFriesOne
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June 28, 2016, 05:27:30 AM
 #24621

NEM long term holders right now:

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ZeroTheGreat
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June 28, 2016, 05:28:42 AM
 #24622

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? )
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June 28, 2016, 05:35:48 AM
 #24623

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.

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June 28, 2016, 05:51:01 AM
 #24624

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

Next stop is at 3k satoshi  Cool

All aboard!


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June 28, 2016, 05:53:04 AM
 #24625

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
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June 28, 2016, 05:54:43 AM
 #24626

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.

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June 28, 2016, 05:59:08 AM
 #24627

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
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June 28, 2016, 06:15:05 AM
 #24628

NEM's song  http://www.metrolyrics.com/john-cena-my-time-is-now-john-cena-ml-video-n98.html
XbladeX
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June 28, 2016, 06:21:00 AM
 #24629

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.

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Tosun14
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June 28, 2016, 06:25:33 AM
 #24630

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.

  ►  NEW ECONOMY MOVEMENT  ◄ 
  100% built from scratch • revolutionary forging mechanism • fairly distributed
XbladeX
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June 28, 2016, 06:36:30 AM
 #24631

...
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.

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graIn..
.
The Backbone of
Modern Work Agreements.
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teletobi
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June 28, 2016, 06:40:18 AM
 #24632

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.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
nzminer
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June 28, 2016, 06:43:57 AM
 #24633

...
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!

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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June 28, 2016, 07:24:44 AM
 #24634

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
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June 28, 2016, 07:26:11 AM
 #24635

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
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June 28, 2016, 07:48:57 AM
 #24636

Congratulations, you all did a great job! Wink

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
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June 28, 2016, 07:49:51 AM
 #24637

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

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graIn..
.
The Backbone of
Modern Work Agreements.
███████████████
████▀▀▀▀▀▀▀▀▀▀▀
████ ██████████████████
████ ██
████ ██
████ ██
████ ██
████
████
████
████


█████████████   █████

.Whitepaper.
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Xpedite
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June 28, 2016, 08:38:31 AM
 #24638

NEM long term holders right now:



Thanks for that!

For the newcomers, consider that a lesson for the future. Remember history repeats itself  Wink
klee
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June 28, 2016, 09:06:04 AM
 #24639

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...
mirador17
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June 28, 2016, 09:08:03 AM
 #24640

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.

Voted, i am sure we beat the wavers.  Tongue
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