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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2914943 times)
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March 19, 2017, 08:14:34 PM
 #28281

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:
Quote

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

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March 19, 2017, 08:19:30 PM
 #28282

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

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March 19, 2017, 08:27:25 PM
 #28283

***
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 Smiley
Costs 6XEM + repeat process every new release
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March 19, 2017, 08:35:05 PM
 #28284

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

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March 19, 2017, 08:37:58 PM
 #28285

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.


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March 19, 2017, 08:40:43 PM
 #28286

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.  Grin

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

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March 19, 2017, 08:46:36 PM
 #28287

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.
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March 19, 2017, 08:51:18 PM
 #28288


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 Smiley
Costs 6XEM + repeat process every new release

Where do you check for free slots?
And that kinda sucks if you have to reactivate on every new release.
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March 19, 2017, 09:31:49 PM
 #28289

***

Where do you check for free slots?
And that kinda sucks if you have to reactivate on every new release.

I just go to get supernode IP, when run wallet in remote mode and hit remote harvesting button.
Once it will harvest  and it will be enabled this is all.
You may git few times/check few supernode and you will find slot.

If you want permamet you will have to talk to with supernode operator to add your private delegated key to config so he will
harvest for you this is possible to do without restarting every new release but you need supernode operator to add you.

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

haha NEM will have revolution with catapult while Dash only "evolution" if yo compare goals of both NEM is not Dash rival.
From cold calculation NEM should be 2-3x higher in market  cap than Dash IMO.
If you add security/performance/goals/real world applications/ easy in programming

Dash was already over pumped while NEM not so even form speculation view NEM is better doay i would not say taht NEM at 5000sat but below 2k is even ok to join before catapult in Q1 IMO this is 99% pump event.
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March 19, 2017, 10:24:04 PM
 #28290


I just go to get supernode IP, when run wallet in remote mode and hit remote harvesting button.
Once it will harvest  and it will be enabled this is all.
You may git few times/check few supernode and you will find slot.

If you want permamet you will have to talk to with supernode operator to add your private delegated key to config so he will
harvest for you this is possible to do without restarting every new release but you need supernode operator to add you.
Kinda weird this isn't mentioned anywhere on NEM site.
Thanks.
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March 20, 2017, 01:57:45 AM
 #28291


I just go to get supernode IP, when run wallet in remote mode and hit remote harvesting button.
Once it will harvest  and it will be enabled this is all.
You may git few times/check few supernode and you will find slot.

If you want permamet you will have to talk to with supernode operator to add your private delegated key to config so he will
harvest for you this is possible to do without restarting every new release but you need supernode operator to add you.
Kinda weird this isn't mentioned anywhere on NEM site.
Thanks.

Its here Smiley

https://blog.nem.io/connecting-to-a-remote-server/

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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March 20, 2017, 02:01:11 AM
 #28292

You guys get so much wealthy from the price arises, I can't imagine the market cap now, XEM is stable top 10 coins for 1 year. Wonderful job, devs.
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March 20, 2017, 04:57:59 AM
 #28293

Hi im a newbie in the cryptocurrency world so i have some questions:
How can I buy some NEM (XEM?) ?
How i store them ?
Do you have a guide a something like that  Cheesy ?
thank you in advance  Smiley
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March 20, 2017, 05:09:54 AM
 #28294

Hi im a newbie in the cryptocurrency world so i have some questions:
How can I buy some NEM (XEM?) ?
How i store them ?
Do you have a guide a something like that  Cheesy ?
thank you in advance  Smiley

You buy on Poloniex Wink
https://www.nem.io/buy.html

Here are all your tutorials Smiley

https://blog.nem.io/nem-tutorial-list/

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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March 20, 2017, 07:45:24 AM
 #28295

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

Original NEM stakeholders appear to be very good at holding the coins. There are plenty that still even hold their initial stake.

If you really want to sell when price goes up, you can always sell in portions. Say 10% with each 20-50% price increase.
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March 20, 2017, 08:06:06 AM
 #28296

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.
Thanks for the explanation. If I understand correctly, it is still up to the company running the private blockchain to decide whether or not they want to leverage the public blockchain by linking the two. Immutability in this case could still be achieved by running the private blockchain on multitude of nodes effectively making them decentralized—although it would not be as reliable as linking to a public blockchain.
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March 20, 2017, 09:18:47 AM
 #28297

Hello there. I have just got the NEM software synced the wallet, Funded with 11k coins and sent the transaction for delegated harvesting, everything seems ok but my vested balance is 0 and account importance is 0%. This was all done overnight. now when I try to start delegated harvesting I'm getting ERROR 700 NIS: HARVESTING INELIGIBLE.

Anyone could advice me what is wrong?
Thank you
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March 20, 2017, 09:24:03 AM
 #28298

Hello there. I have just got the NEM software synced the wallet, Funded with 11k coins and sent the transaction for delegated harvesting, everything seems ok but my vested balance is 0 and account importance is 0%. This was all done overnight. now when I try to start delegated harvesting I'm getting ERROR 700 NIS: HARVESTING INELIGIBLE.

Anyone could advice me what is wrong?
Thank you

you need 10k vested to start harvesting  , it takes time to get your 11 k vested ,i think a month or more
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March 20, 2017, 09:25:22 AM
 #28299

Hello there. I have just got the NEM software synced the wallet, Funded with 11k coins and sent the transaction for delegated harvesting, everything seems ok but my vested balance is 0 and account importance is 0%. This was all done overnight. now when I try to start delegated harvesting I'm getting ERROR 700 NIS: HARVESTING INELIGIBLE.

Anyone could advice me what is wrong?
Thank you

You can read about vesting here: https://blog.nem.io/what-are-poi-and-vesting/
You need 10k vested balance to start harvesting. With 11k initial balance, it will take quite a long time..
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March 20, 2017, 09:47:45 AM
 #28300

Ok thank you for explanation.
Do I need to have client / pc running to be getting this vested balance or even if my wallet is offline this will happen?

Also can I do LocalHarvesting in meantime and how can I switch back to it?

Thanks!
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