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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2911945 times)
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nemman
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March 25, 2018, 04:10:15 PM
Merited by jkoil (2)
 #36501

Catapult Announcement from NEM.io Foundation President Lon Wong

https://medium.com/@nemofficial/catapult-announcement-from-nem-io-foundation-president-lon-wong-cbaae796b64e

Dear NEM Community,

Today we are proud to announce the launch of Phase 1 of Catapult (also called mijin v.2), the long awaited product update to the NEM Smart Asset blockchain. Catapult is more than just an improvement to the NEM blockchain. It is an industry milestone that opens up new capabilities for blockchain database functionality. Partners, customers and select community developers can now apply to participate in the early access program for Catapult.

There are three phases to the Catapult beta program:
Phase 1: Catapult Developer Preview and SDK release
Phase 2: Evaluation release of Catapult Core Engine
Phase 3: Dual-licensing of Catapult in both Open Source and Commercial licenses

NEM’s out-of-the-box blockchain technology accelerates enterprise solutions to serve the needs of the biggest technology businesses in the world, putting us a class above other enterprise blockchains.

NEM’s blockchain technology delivers a world class platform for management of almost any kind of asset: currencies, supply chains, notarizations, ownership records and more.

NEM’s Smart Asset system allows anyone to completely customize how they use the NEM blockchain, with a robust set of features including built-in smart contracts, the all new multi-level multisig control, aggregated transactions, and a four-tiered architecture that provides developers a secure, open and self-scaling platform.

NEM’s simple APIs allow for easy integration within mobile apps, existing business infrastructures or contract logic. Its power is exposed through a straightforward and secure developer interface that allows for deployment in record time.

We are grateful to the NEM community, Tech Bureau and our partners for their ongoing support and encourage all interested participants to apply.

Lon Wong

President, NEM.io Foundation
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March 25, 2018, 04:19:51 PM
 #36502

Awesome news! Too bad no seems really interested sofar in terms of trading volume
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March 25, 2018, 06:24:32 PM
 #36503

Awesome news! Too bad no seems really interested sofar in terms of trading volume

I think that trading volume has been improved due this announcement, it's now 2-2.5x bigger than several hours ago. Sadly the impact of the price level was just small (and it's practically zero now). We'll see, what's happened when SE Asia will wake up (will be in next few hours) ...
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March 25, 2018, 06:42:49 PM
Merited by jkoil (2)
 #36504

What I find really strange is this comment from one of the lead developers of the Catapult version:

"The Catapult public chain will support higher TPS than the NEM public chain (~2 TPS) but it will not natively support the 4000 TPS number that is thrown around so often."

Source:https://medium.com/@nemofficial/an-interview-with-nem-lead-core-developer-jaguar0625-6fe9b681ad80

I mean NEM itself is Throwing around this number 0f 4000 tps! on this page for example https://nem.io/investors/
jkoil
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March 25, 2018, 06:47:21 PM
 #36505

What makes a group of people a community?

NEM lead dev asks:
"Do we have a community?
Aside from certain pockets, especially in Japan, it seems like the “community” is just a bunch of speculators.
The fixation on price and exchange availability is deeply troubling to me."


NXT, NEM.   NCMXTP-5JWUF3-QYHADC-YWELC5-QPUWF3-EAVFQM-MU7R
Joona
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March 25, 2018, 06:53:04 PM
 #36506

What makes a group of people a community?

NEM lead dev asks:
"Do we have a community?
Aside from certain pockets, especially in Japan, it seems like the “community” is just a bunch of speculators.
The fixation on price and exchange availability is deeply troubling to me."



Yeah that is harsh indeed.

They should look in the mirror themselves as well.

They are NOT building a community at all. They don't respond to questions on this forum, facebook, the NEM forum or Twitter.

So basically ignoring us.

Worse thing you can do if you want to build a positive community and that pisses me off big time.

A community manager can easily manage 5 social media profiles and interact with the people
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March 25, 2018, 06:54:07 PM
 #36507

What I find really strange is this comment from one of the lead developers of the Catapult version:

"The Catapult public chain will support higher TPS than the NEM public chain (~2 TPS) but it will not natively support the 4000 TPS number that is thrown around so often."

Source:https://medium.com/@nemofficial/an-interview-with-nem-lead-core-developer-jaguar0625-6fe9b681ad80

I mean NEM itself is Throwing around this number 0f 4000 tps! on this page for example https://nem.io/investors/

What hell is up with people and their inability to digest simple groupings of words?

Direct quote from the very same page - Mijin, NEM’s permissioned ledger can ensure over 4,000 tps and supports full interaction with NEM

You can easily test a private chain. There's never been a figure for public Catapult because they don't know yet because it's, y'know, dependent on thousands of strangers. 100 tps has been thrown around as a ballpark.  

bloman
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March 25, 2018, 07:03:00 PM
 #36508

Community web site do not work ((

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Jaguar0625
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March 25, 2018, 07:30:33 PM
 #36509

They are NOT building a community at all. They don't respond to questions on this forum, facebook, the NEM forum or Twitter.

So basically ignoring us.

Worse thing you can do if you want to build a positive community and that pisses me off big time.

A community manager can easily manage 5 social media profiles and interact with the people

The social media / outreach strategy currently being executed by the foundation certainly leaves room for improvement. Hopefully, it will get fixed.

NEM - nem.io
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March 25, 2018, 07:32:09 PM
 #36510

What I find really strange is this comment from one of the lead developers of the Catapult version:

"The Catapult public chain will support higher TPS than the NEM public chain (~2 TPS) but it will not natively support the 4000 TPS number that is thrown around so often."

Source:https://medium.com/@nemofficial/an-interview-with-nem-lead-core-developer-jaguar0625-6fe9b681ad80

I mean NEM itself is Throwing around this number 0f 4000 tps! on this page for example https://nem.io/investors/

What hell is up with people and their inability to digest simple groupings of words?

Direct quote from the very same page - Mijin, NEM’s permissioned ledger can ensure over 4,000 tps and supports full interaction with NEM

You can easily test a private chain. There's never been a figure for public Catapult because they don't know yet because it's, y'know, dependent on thousands of strangers. 100 tps has been thrown around as a ballpark.  

Thank you for comprehending full sentences Smiley.

NEM - nem.io
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March 25, 2018, 07:38:10 PM
 #36511

Thank you for comprehending full sentences Smiley.

My pleasure. And well done for being you.

I think the seemingly infinite mindlessness of crypto folks is what'll do me in eventually rather than financial triumph or ruin.

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March 25, 2018, 08:04:03 PM
 #36512

My friend bought nem on hitbtc, when he wanted to withdraw hitbtc did not send it out to the address but deleted ammount on his hitbtc account
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March 25, 2018, 08:18:53 PM
 #36513

CATAPULT Q&A: An exclusive interview with NEM Lead Core Developer Jaguar0625 following the recent Beta launch of Catapult. Read more:  http://bit.ly/Jaguar0625-Inteview 
https://twitter.com/emurgo_io/status/977968364537634817
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March 25, 2018, 10:06:41 PM
Last edit: March 25, 2018, 10:32:16 PM by jkoil
 #36514

My friend bought nem on hitbtc, when he wanted to withdraw hitbtc did not send it out to the address but deleted ammount on his hitbtc account

well, this is a night of ambiguous and food for thoughts giving sentences Smiley

If trying to conclude some explanations from this one, here are few :
 1 - your friend did not like hitbtc and wanted to make a protest against it: rather "burn" XEMs than giving the fee to hitbtc
 2 - that was the last thing your friend did, before becoming an ex Wink
 3 - new transfer operations have been taken in use, when catapult news hit the exchanges
 4 - ___________________________________
 5 - _____________________________________


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March 25, 2018, 11:07:35 PM
 #36515

https://twitter.com/NEMofficial/status/977924316237934592?s=20

NEM Announces Beta Launch of Catapult, a Full-Featured Blockchain Engin

Mijin, the private chain, not the public one.

Still, this is a big step towards the release of Catapult and a sign that development is going well and as planned.

Couldn't be more happy about this announcement! Especially now that the hacker has dumped all his coins (coincidence? I think not).

in fact MIJIN release of catapult is much more important then NEM

at mijin many companies develop blocklchain application on top of it
and they need the updated mijin code with the new structure so they can continue developing their solutions

NEM itself didnt run into any bottleneck that need a fast catapult release
we have time wait a few more months or even a year

way more important is any company that jump on MIJIN is a future customer of NEM
as the global extension and connection towards outside company blockchain world

 
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March 26, 2018, 01:58:46 AM
 #36516

What I find really strange is this comment from one of the lead developers of the Catapult version:

"The Catapult public chain will support higher TPS than the NEM public chain (~2 TPS) but it will not natively support the 4000 TPS number that is thrown around so often."

Source:https://medium.com/@nemofficial/an-interview-with-nem-lead-core-developer-jaguar0625-6fe9b681ad80

I mean NEM itself is Throwing around this number 0f 4000 tps! on this page for example https://nem.io/investors/

The page you linked says: "Mijin, NEM’s permissioned ledger can ensure over 4,000 tps and supports full interaction with NEM." while Jag said "The Catapult public chain will support higher TPS than the NEM public chain...".

I don't see any contraddiction

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March 26, 2018, 05:52:38 AM
Merited by jkoil (5), freigeist (2), rigel (1), BitcoinArsenal (1)
 #36517

Hello all! There is so much news! And some new topics of discussion here.
I don't know where to start! I will try my best to keep some direction in the rant upcoming:

I'll start with the rough stuff.

The great news about ProximaX, then Catapult, has somehow turned into FUD. Blame Jaguar's comments, blame the timing of the news release, blame the troll organizations working against us. I'll try to break down my viewpoint.

There is still a lot of confusion for the "average joe" when first reading into NEM. The following topics tend to muddle up the mind:
NEM, XEM, NEM Catapult, Mijin, Mijin Catapult, Tech Bureau, NEM Foundation, Open Source, Commercial License

1. Tech Bureau designed and built Mijin. Mijin is a private blockchain that can communicate with the NEM public blockchain, which is managed by NEM Foundation.
2. Catapult is the codename for major upgrade to Mijin blockchain.
3. NEM public blockchain will upgrade with Catapult code once it is thoroughly tested (Currently only used on Mijin)
4. The code in "Catapult" will be available to the public as open-source software once private testing is completed.
5. Businesses, Banks, Large Enterprise, (or anyone, really) can purchase a commercial license for the software, allowing them to modify it for business purposes, as well as receive setup and support from Tech Bureau.
6. XEM is the unit of measure that the public blockchain, NEM, utilizes.

With that said, I'll address some questions, whether they were asked here or not:
1. Catapult code is not currently available to the public. This prevents others from stealing ideas from it. It does NOT mean that there are problems with it, that it can't fill it's promises, or that it's not being developed, or <Insert Negative Assumption Here>.
2. Mijin is NOT a competitor to NEM. In fact, it lends important strength and function to NEM. Mijin allows businesses to keep private data private, and public data public, and minimizes the block-size and traffic of the public chain, by NOT including private information within it.
3. The availability of a commercial license does NOT mean that one can "buy" better code, or that other "good stuff" is not available on public chain, but only available upon paying for a commercial license. This means that nobody can legally fork the blockchain, or otherwise take the project in a different direction.
The commercial license available for Mijin actually provides important funding for it's development.
4. XEM is NOT going away or changing once Catapult is implemented. There is no swap, airdrop, burn, etc. XEM is XEM.
5. The specs of Mijin on Catapult are not a direct translation to the specs of NEM on Catapult. There is no guarantee of hitting 4k transactions per second on the public ledger, tho the codebase can handle it. 4k TPS is reported to be achieved on private ledger, but if that is not standard on public ledger, it does NOT mean that NEM (public ledger) will be slow or inferior in any way.
6. Transactions on NEM public ledger are already VERY FAST! Compare transaction times to most other cryptos, - I mean real world tests you can do yourself - and you will see that even without Catapult upgrade, sending XEM and/or mosiacs is extremely fast!
Actual transaction speeds on the public ledger will vary with network status: Number of nodes, super nodes, traffic, etc.

Now with that out of the way: Jaguar's comments.
However you feel about them, it does highlight some disconnection.
I used this analogy elsewhere. Although it is simplistic, I think it's fitting enough. There is Development, Management, and the Community. The Brains, Lungs, and Heart. 
All parts need to be in sync, or the entire beast suffers. I am NOT saying that the community has no brains, or the management no heart. But that we all play different roles. We need to understand, respect, and encourage those differing roles.

1. Development is coming along nicely with NEM, as well as projects built upon it. Devs are busy Developing. They are not hanging out on the forums or chatting it up with media. This interview with Jaguar is quite uncommon. And I'm sure his comments were more directed towards day traders with no interest in projects, but only in profiting from them.
2. Management has been organizing events all over the world. It seems like everyday I hear about a new blockchain center, Management meeting with another large business executive or government official, etc
NEM Foundation has a planned spending of $40 million in marketing this summer. There hasn't been much marketing happening now, because it really isn't best decision to market something until the timing is right.
3. The community has been banding together and becoming more active. Volunteering for things, organizing meetups, discussing here on the forums, etc.

I don't mean to blather about "good deeds" I've done, but I think talking about my own activities might encourage others. I am not paid. I do everything I do for free, but do accept donations. Smiley (see my signature)
1. In the past 48 hours or so, I helped 6 people set up NanoWallet and make their first transactions. Two of them didn't speak English, so I was using translator. One of them didn't know how to extract files from an archive (requiring extra coaching, beyond NEM stuff)
2. In the same 48 hours, I introduced NEM to a developer who is now learning how to build upon NEM chain instead of ETH. I'm not a developer, but I took the time to find the information that I needed to answer his questions and grow his interest.
3. I've reviewed, rated, recruited for, and promoted projects built on NEM. 
4. I share NEM related stuff on social media, and talk about it to friends, family, and nearly anyone who will listen.
5. Myself and others started a small group of like-minded individuals to help promote NEM on crypto media channels.
6. I created a mind-map of NEM projects, giving visual reference to otherwise "boring looking" information.
7. I'm currently working on lots of stuff NEM related. Including typing this long forum response.

twitter: @leoinker | Find this post helpful? Merit it! Then donate some XEM: NDKYQJKJ5N5WTNNM5CXDJ3FNAACULZMN7DVARZH6 Smiley
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March 26, 2018, 06:51:00 AM
 #36518

I just tested the nanowallet with the trezor integration and I have to say it feels good to have this extra layer of protection.

Will be testing a bit more over the next few days, but one thing I noticed was that it doesn't support trezor T yet. Is this something on the NEM side or on the trezor side? I think its NEM as the pop up window asks for manual input with the trezor one so it appears it doesnt support the touch input from the T.
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March 26, 2018, 09:04:39 AM
 #36519

NEM to Launch Closed Beta of Catapult Blockchain Engine
Closed engine’s preview for developers will demonstrate the technology, which will first be used in private networks, and then in the public blockchain of NEM
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March 26, 2018, 09:44:45 AM
 #36520

I just tested the nanowallet with the trezor integration and I have to say it feels good to have this extra layer of protection.

Will be testing a bit more over the next few days, but one thing I noticed was that it doesn't support trezor T yet. Is this something on the NEM side or on the trezor side? I think its NEM as the pop up window asks for manual input with the trezor one so it appears it doesnt support the touch input from the T.

in Telegram the last information regarding the Model T is that it´s being worked on/ finalized right now. Shouldn't take long to being available

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