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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2818276 times)
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YoungBoss18
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March 24, 2018, 08:45:10 PM
 #36561

It's insulting to realize, but this coin will have to get out a long time from the bottom, because of the news that were earlier

With you it agrees. Events which took place quite recently strongly influenced the project negative impact and respectively on the price. Still the project positioned itself as a guarantee to success, thought there will be a big future.
Now we are not seeing the best period for NEM. However, soon we should see a number of positive news and an increase in the price.

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March 24, 2018, 09:05:28 PM
 #36562

Who believes that in the near future NEM will reach 10000-15000 Satoshi? We see a strong drawdown, but how can there be growth?

I remember when it was 30 satoshi... the step from 3000 to 10000 is smaller than the grow already happened.
In general, do you believe in growth to 10000 sat? How do you think, how soon will we see rapid growth?
Timing crypto markets is a fool's errand. All I can say is, if you don't have the patience or ability to hold through a sustained downturn lasting several years, perhaps this isn't the right asset class for you. Crypto is a long-term play with lots of short-term 'crashes'.
Thanks for your reply. In fact, I understand what will happen in the crypto world. NEM is certainly worth considering as a long-term investment.
If you think you understand the crypto world, you're very likely mistaken. The best you can do is position yourself so that you get the most reward for risk that you're taking, and making sure you don't run into a risk of ruin event. In general, when you're evaluating crypto, make sure you understand the asymmetry of risk/return and position your portfolio accordingly.
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March 24, 2018, 10:03:51 PM
 #36563

Who believes that in the near future NEM will reach 10000-15000 Satoshi? We see a strong drawdown, but how can there be growth?

I remember when it was 30 satoshi... the step from 3000 to 10000 is smaller than the grow already happened.
In general, do you believe in growth to 10000 sat? How do you think, how soon will we see rapid growth?
Timing crypto markets is a fool's errand. All I can say is, if you don't have the patience or ability to hold through a sustained downturn lasting several years, perhaps this isn't the right asset class for you. Crypto is a long-term play with lots of short-term 'crashes'.
Thanks for your reply. In fact, I understand what will happen in the crypto world. NEM is certainly worth considering as a long-term investment.
If you think you understand the crypto world, you're very likely mistaken. The best you can do is position yourself so that you get the most reward for risk that you're taking, and making sure you don't run into a risk of ruin event. In general, when you're evaluating crypto, make sure you understand the asymmetry of risk/return and position your portfolio accordingly.


just waiting to your price point works best.  no matter the amount of time.  since i harvest, im in it for the long haul
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March 25, 2018, 12:46:03 PM
 #36564

A curated list of projects using NEM (New Economy Movement):
https://github.com/Sateetje/awesome-nem-projects

Introducing Oyster Shell (SHL), completing the Oyster network supercomputer: https://youtu.be/of5C76y5sYU 🍭
Upload files to the Tangle, securely and anonymously. Beta-test this solution now!: https://www.oysterstorage.com 🍭
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March 25, 2018, 01:20:58 PM
 #36565

Appreciate the updates on the hacker funds.
So we know that the funds have moved to exchanges, but how do you know they've actually been sold?

I timed 100s of transactions to exchange address, then watched for dump. 9 times out of 10 could see the dump happen in real time. Often the same exact amount as transfered.
A lot of people were buying stolen XEM on darknet market for 30% discount, transfered to exchange, dump, and repeat.

Knowing they were doing something illegal, I doubt many left xem on exchanges. Additionally, the daily volume reflects the dumping.

Thanks for all the updates. I hope the price suppression is over now and it can safely grow again when the market starts moving up again.

I think we should all be happy that people kept buying at these prices even though the enormous sell pressure that was going on. Shows there is great support for NEM.
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March 25, 2018, 01:38:16 PM
 #36566

I'm very happy that XEM is on Binance now, the most trustful cryptocurrency exchange for me, I can finally watch the market!

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March 25, 2018, 03:09:41 PM
 #36567

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

https://medium.com/@nemofficial/nem-announces-beta-launch-of-catapult-a-full-featured-blockchain-engine-6bb5b9a45eb3

SINGAPORE , March 25, 2018 — The NEM.io Foundation and the developers of NEM, creators of the peer-to-peer NEM blockchain platform providing payments, messaging, asset making and more, today announced the beta launch of Catapult (also called mijin v.2), a highly anticipated update to the NEM blockchain run by Tech Bureau. Catapult is a full-featured blockchain engine powering both public and private networks with unique smart contract plugins. These plugins enable bulletproof digital asset creation, decentralized swaps, advanced account systems and business logic modeling.

After 2.5 years of development, partners, customers, and select community members can apply to access NEM’s Catapult. The NEM blockchain software and its successful permission-chain adaptation, mijin v.1, are also being tested by financial institutions internationally.

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

    “We’re proud to partner with Tech Bureau, as we believe the new Catapult blockchain technology platform is the future standard for mainstream enterprise and organizational infrastructures,” said Lon Wong, President of the NEM.io Foundation. “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.”

Besides making big improvements to speed and scalability, Catapult introduces Aggregated Transactions and Multi-Level Multisignature Accounts. These offer new uses that have never been available on any blockchain. NEM’s out-of-the-box blockchain technology accelerates enterprise solutions to serve the needs of the biggest technology businesses in the world, leapfrogging other enterprise blockchains. The NEM.io Foundation will spend an estimated $40 million USD in 2018 to fund global expansion programs.
About NEM Platform

NEM is an out-of-the-box blockchain platform that launched in March 2015. NEM has some of the best-designed blockchain features which include multi-signature account contracts, customizable assets, a naming system, encrypted messaging, and an Eigentrust++ reputation system.
About mijin

Developed by Tech Bureau, mijin is designed to meet versatile enterprise needs with its enhanced private blockchain utilizing the NEM protocol that easily creates blockchain platforms on peer-to-peer networks. The blockchains can be used internally or in collaboration with partner companies in a cloud or other shared data environments. The mijin blockchain creates a secure data-sharing environment with high performance, zero downtime, and unfalsifiable data, while reducing the cost of conventional infrastructure. mijin has been tested extensively as a high-throughput ledger engine in financial institutions, electronic money systems, user authentication, land and property registration, logistics tracking, and food traceability.
About Tech Bureau Group

Tech Bureau, a fintech and cryptocurrency group company in Japan, the U.S., and Europe, develops software and services for blockchain technology. Tech Bureau has developed mijin, a private blockchain software, and Zaif, a Bitcoin and cryptocurrency exchange platform. Tech Bureau recently launched a one-stop solution, “COMSA”, that provides companies with consultation, expertise, and solutions to support their very own ICOs and implementations of blockchain technology into their businesses.
For more information, please see the following URLs:

COMSA — https://comsa.io/en/
Zaif® — https://zaif.jp/
mijin® — http://mijin.io/en/

Press contact, Tech Bureau: Fujita / pr@techbureau.jp / +81–6–6533–2230
About NEM.io Foundation Ltd

NEM.io Foundation is a non-profit organization based in Singapore, set up to promote NEM’s blockchain technology globally. It is currently one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.

For more information, please visit: www.nem.io

Press contact, Alexandra Tinsman, NEM.io: press@nem.foundation

All product and company names herein may be trademarks of their registered owners.
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March 25, 2018, 03:10:07 PM
 #36568

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

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

Introducing Oyster Shell (SHL), completing the Oyster network supercomputer: https://youtu.be/of5C76y5sYU 🍭
Upload files to the Tangle, securely and anonymously. Beta-test this solution now!: https://www.oysterstorage.com 🍭
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March 25, 2018, 03:21:31 PM
 #36569

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.

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March 25, 2018, 03:26:32 PM
 #36570

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

NEM Announces Beta Launch of Catapult, a Full-Featured Blockchain Engin
I spent lots of time  doing research on this coin today and I really liked XEM. This coin is a first for government usage, and I do hope that XEM will recover.

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March 25, 2018, 03:30:37 PM
 #36571

It's insulting to realize, but this coin will have to get out a long time from the bottom, because of the news that were earlier

With you it agrees. Events which took place quite recently strongly influenced the project negative impact and respectively on the price. Still the project positioned itself as a guarantee to success, thought there will be a big future.
Now we are not seeing the best period for NEM. However, soon we should see a number of positive news and an increase in the price.

I absolutely agree, the team has a lot of development, when the market will be more adequate, then they will start releasing the news after the news. This is not a call to action, it's just my opinion.
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March 25, 2018, 03:36:23 PM
 #36572

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).
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March 25, 2018, 03:54:33 PM
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 #36573

Catapult explanation:
https://m.youtube.com/watch?v=LIc7AWsBc2E

Introducing Oyster Shell (SHL), completing the Oyster network supercomputer: https://youtu.be/of5C76y5sYU 🍭
Upload files to the Tangle, securely and anonymously. Beta-test this solution now!: https://www.oysterstorage.com 🍭
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March 25, 2018, 04:10:15 PM
Merited by jkoil (2)
 #36574

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
 #36575

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
 #36576

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
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 #36577

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/
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March 25, 2018, 06:47:21 PM
 #36578

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
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March 25, 2018, 06:53:04 PM
 #36579

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
 #36580

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.  

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