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

[NEMergizer]

So does anyone have any plans for this current rise?

Nothing has changed since it was 300 satoshis a short while back. It's now riding the coattails of the wider pump.

Once the biggies start to falter do you think people will throw profits into smaller coins like XEM and push it higher?

XEM is heading toward 5000 Sats

PUMPs might start from there. Any rise under 5000 sats is quite normal reflection to market cap movements as all major cryptos had advanced price more than 3x in the past couple of months.

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[kauppalahti]

Telegram groups are rising rapidly. This is a awareness which
makes things happend.

I was watching them the last time it pumped too. Many of the contributions were 'XEM, Go, Woo.'

I assume they didn't stick around for the doldrums. It will unquestionably fall back and go quiet again.

It promotes awareness of a pump. As soon as the pump is over it's all gone again. Very few actually look outside of the exchange charts and know what they've actually bought into for a short time.

We have all the time in the world. Sit back relax and hope you enjoy..

[NEMergizer]

Telegram groups are rising rapidly. This is a awareness which
makes things happend.

I was watching them the last time it pumped too. Many of the contributions were 'XEM, Go, Woo.'

I assume they didn't stick around for the doldrums. It will unquestionably fall back and go quiet again.

It promotes awareness of a pump. As soon as the pump is over it's all gone again. Very few actually look outside of the exchange charts and know what they've actually bought into for a short time.

Last time it wasn't really XEM pump but it was BTC that was falling and all alts were rising. Then when BTC started to rise all alts started to fall. Still during all these rises and falls the value remained almost the same in USD across all BTC/Alts. However, there were around 3 months were XEM had difficulty rising back to its normal value in what seemed artificial. It seems someone was trying to hold XEM down to buy low. This phase is totally done by now.

Whoever was holding XEM price down is done buying by now. YOU SHOULD EXPECT A RAPID RISE TO 5000 SATS.

[elelegzet]

 Smart guys buy low, skyrocket the price and hold it high. I think most market makers bought NEM even before last summer high , @70 sat. Most selling walls are gone by now. I think it's more profitable to keep NEM at 10 cents + and make it a reputable coin rather than just pump&dump.

[template]

NEM is not for fast profit hold for 2-3 year you can play with faster pump and dump coins.

[fragout]

The pump isnt on polo. Its Zaif NEM/JPY. Polo is just following.
http://coinmarketcap.com/currencies/nem/#markets

[NEMergizer]

Catapult is a second iteration and an extension of the NEM blockchain technology that was launched in March 2015. It is scheduled to be released in various stages, starting from the first quarter of 2017. Its predecessor is Mijin, which itself had undergone vigorous tests. Mijin and Catapult are permissible blockchains. The development difference is that Mijin is an extension of the NEM public blockchain. The second version, Catapult, shall be the reverse, i.e., it shall be an extension of the private chain into the NEM public chain. It is specially designed to add more functions and features to support the financial industry where critical features and functions are required of the blockchain.

https://www.nem.io/catapultwhitepaper.pdf

[NEMergizer]

The Catapult project is in its late stage development. It shall be released in multiple stages where the features highlighted in section 4.1 in the white paper "https://www.nem.io/catapultwhitepaper.pdf" will be added on at each stage. It is scheduled for its first release in Q1, 2017. The enhancements of the solution are unique and powerful, setting a new standard in blockchain design.

Its powerful abstraction layer makes it agnostic to existing banking standards, the intent of which is not to disrupt currently installed solutions, but instead to dovetail into these existing systems seamlessly. Current systems running standards complying solutions - such as FpML and ISO20022 –will only need to make use of the outputs to integrate with the blockchain via the abstraction layer. This method of deployment allows financial institutions to migrate their systems in a timeframe that better suit their business operations – as soon as they minimise their need for some of these standards – into the blockchain platform. At the same time, the Catapult solution can then be used by financial institutions to enable growth, expansion, and creation of new products, leveraging on the use of the blockchain for faster and inexpensive deployment.

[jelin1984]

i want to see XEM at top 3 these month
and not the other month

i want to see it untill end of these month

 

[luis77]

Hi,

I would like to buy a computer under $100 just to HARVEST. Mi idea is to conect a screen, install all the necesary for harvest NEM and let it switched on 24h/365 without the screen..

So what I need is that the computer has all the requirements neccesaries for harves and it consume the minimum energy.

 What do you think it could give a month with 2 accounts 100k XEMs and 0.62 ‱ POI?
 How much increase that POI for each transfer in last 30 days? ( I saw a graph but didnt remember where it was)
 I have one account on local an other in delegated harvesting, did the harvest equaly?

Thank you for your answers.

PD: GOOOOOOO NEM, TO THE MOON!!!

[nzminer]

To anyone thinking its a pump, we are seriously undervalued right now.

What does DASH do that is so special?

NEM is much more powerful, along with much more speed, reliability and functionality.

We should be at least $300M marketcap minimum.

$1 billion should be achievable in the short term.

And BTW...

XEM has a new ATH

[gentlemand]

To anyone thinking its a pump, we are seriously undervalued right now.

What does DASH do that is so special?

No one on the exchanges cares about what any coin does.

And NEM definitely is undervalued in a multiple year time scale, but anyone buying now is being sucked into a normal pump and presumably the normal dump too. It could of course go higher and settle higher.

In the long term they'll be fine, short term there have been better times to buy.

[darkmaster16]

Hi, first poster here.

I just wanted to say, is there any way to help XEM? I notice the website is a bit outdated and some things displaying there aren't even active anymore. I'm an experienced software engineer (with heavy background in java!) and also an entrepreneur, so branding and look are some of my skills.

I currently own XEM too because I can see its potential, I would love to help in any way.  

[XbladeX]

So does anyone have any plans for this current rise?

Nothing has changed since it was 300 satoshis a short while back. It's now riding the coattails of the wider pump.

Once the biggies start to falter do you think people will throw profits into smaller coins like XEM and push it higher?

i was to long offline , captapult is sheldued to Q1 2017 so this rise probably becouse of that.
So fai hav not seen NEM devs fucked up anything in development so that rise in price can be rational just read white paper to relize about what is going play. Look like NEM is not "coin" but complex buisnes solution with high performance.
You can be lazy ass or read: https://www.nem.io/catapultwhitepaper.pdf

Some highliths from paper:

4.1.
FEATURE HIGHLIGHTS
Catapult   is   rewritten   entirely   new   in   the   C++   language,
borrowing  the  core  concepts  from  its  first  generation  NEM
release,  augmenting  these  concepts  from  lessons  learned,  and
amending a
nd extending these concepts to enhance the offering.
... Catapult  include:

1 ) High scalability,  design  based  on  the  industry  standard
tiered  web  architecture  commonly  found  in  enterprise
computing ,  a  holistic  offering  yet  to  be  seen
in   any blockchain solution

2) Introduction  of  a  high  performance  and  highly  scalable
API   gateway   server   layer
with   an   open   integration
architecture

3) High  throughput  message  queues  for  realtime  analysis
and big data analytics of transactions

4) Use  of  nosql  database  at  the  API  layer,  which  is  more
suited for high speed messaging

5) Embedded  escrow  service  for  exchange
of  assets  on  the blockchain a special transaction contract

6) High transaction rates (in excess of 3000 transactions per
second)

7) Permissible access to accounts, i.e., each person can only
access what she can see.

8 ) Interoperability – allow    external    decentralised or centralised
  applications  or  smart  contract  solutions  to
transact using the blockchain.

9) Business Rules – rules where object states can result in an
indisputable  transition  to  a  new  state  as  a  result  of  a
definite    and    conclusive    action, specifically    on    the
calculation  of  transaction  charges based  on  a  predefined
set of irrevocable and immutable input criteria.

10) Metadata – Accounts  and  assets  shall  have  configurable
metadata fields.

In  addition  to  the  above,  the  existing  functions  and  features
already present in the current release of NEM, will be enhanced
and ported across to the Catapult project. These include:

a) built in messaging  solution

b) A   process   activated   or   manual   sign-off   function   for
transactions, with multiple approvals, where needed.

c) A  multiple  ledger  with  multiple  corresponding  assets  in
one blockchain

d) Every  account  can  hold  multiple  assets  from  multiple
ledgers in the same blockchain so that these accounts can
be used for all products and services the bank is offering,
e.g.,  one  account  can
be  holding  USD,  EUR,GBP,  Gold,
Interest  Rate  Swap,  ETF  units,  etc.,  each  with  its  own
history of transaction records and balance.

e) Every    account    can    be    controlled    by    the    financial
institution – allowing  for  compliance  and  AML  control
mechanisms to be implemented in order to manage these
transactions

f) Freezing accounts

d) Transaction reversal with full audit trail and accountability

[franc0]

Hi,

I would like to buy a computer under $100 just to HARVEST. Mi idea is to conect a screen, install all the necesary for harvest NEM and let it switched on 24h/365 without the screen..

So what I need is that the computer has all the requirements neccesaries for harves and it consume the minimum energy.

 What do you think it could give a month with 2 accounts 100k XEMs and 0.62 ‱ POI?
 How much increase that POI for each transfer in last 30 days? ( I saw a graph but didnt remember where it was)
 I have one account on local an other in delegated harvesting, did the harvest equaly?

Thank you for your answers.

PD: GOOOOOOO NEM, TO THE MOON!!!

What you want is a raspberry pi

[andron8383]

***
In the long term they'll be fine, short term there have been better times to buy.

When catapults goes live and will have all those features mesion abouve after pup to at least to 5000sat new bottom will be 1.5k-2k

IF you compare NEM usage to any other top 10 crypto then you will see that.
I would balace price like 1NEM:10 Dash 1Nem:5Monero 1Nem:3Eth when catapult will deliver.
I think that catapult is making from NEM > NEM2.0 .
And real companies are starting to use that blockchain once they start creating assets on chain and control them that will be high time.
In crypto are PnD but... I don't know any coin like NEM that is really working with real business.
NEM is not ordinary bullshit about currency/mass adoption but NEM devs want NEM to be used once companies will start selling assets and controlling them on chain it will be huge.
Nem can change some part of concurrency.I must say NEM is silent innovator on other field that is not on radar of crypto pumpers.
That will be end game after catapult and in 5 yers later people will see that having super-node is a deal ( i hope )

***

What you want is a raspberry pi

or he can use remote harvesting from super-node but he have to remember that nodes are restarted from time to time.
So after every new release he will have to activate harvesting somewhere on node where are slots available.
Whole process is plain simple.
1) activate dlegated harvesting
2) find supernode with slots
3) run remote harvesting
Costs 6XEM + repeat process every new release

[Zaducis]

As in Dash and on NEM, it is very difficult to keep coins when it has already grown significantly.

[teletobi]

Hi,

I would like to buy a computer under $100 just to HARVEST. Mi idea is to conect a screen, install all the necesary for harvest NEM and let it switched on 24h/365 without the screen..

So what I need is that the computer has all the requirements neccesaries for harves and it consume the minimum energy.

 What do you think it could give a month with 2 accounts 100k XEMs and 0.62 ‱ POI?
 How much increase that POI for each transfer in last 30 days? ( I saw a graph but didnt remember where it was)
 I have one account on local an other in delegated harvesting, did the harvest equaly?

Thank you for your answers.

PD: GOOOOOOO NEM, TO THE MOON!!!

What you want is a raspberry pi

You will need newest RasPi to do the Tasks. I'd prefer delegated harvesting, when I were you. A Supernode earns between 1 and 6 Blocks per Day, but most are still empty. Not sure how many Blocks you will earn with 200 000.

[teletobi]

Hi, first poster here.

I just wanted to say, is there any way to help XEM? I notice the website is a bit outdated and some things displaying there aren't even active anymore. I'm an experienced software engineer (with heavy background in java!) and also an entrepreneur, so branding and look are some of my skills.

I currently own XEM too because I can see its potential, I would love to help in any way. 

Best thing is to look on the NEM Forums and in the Slack. There are some Bounties to catch and every Dev is welcome!

[Tehfiend]

Can somebody explain if private NEM blockchain affects the public one we use.
Are they on a completely separate network and don't share transaction fees with all the public harvesters?
When Hitachi starts using NEM, will it be a private or public blockchain they use?

Private chains do not share transactions/blocks/fees with our public network.
And Hitachi sure is using a private chain, at least for testing.

So how will that help with growing this blockchain?
Everyone is saying "Hitachi new 150 mil users, to the moon etc." but it doesn't even matter in the end. Because all the serious tech companies are going to use the private version which doesn't do anything to increase the value of XEM and share bigger rewards for nodes.

Yes please explain how this will benefit us.

My understanding is that all private blockchain networks will eventually need cross communication publicly and this is where NEM can be employed to facilitate cross private [Suspicious link removed]munication

Yeah maybe. I would still appreciate if someone from staff or development team could clarify this.

I would also appreciate a verification from a dev or any staff member of NEM

The purpose of linking a private blockchain (Mijin) to a public blockchain (NEM) is for immutability. A private blockchain has a central authority which can alter that blockchain at their discretion. Linking it to a public chain which is immutable due to it's decentralized nature solves that problem and you get best of both worlds.