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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2950259 times)
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jkoil
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May 04, 2018, 02:26:59 PM
Last edit: May 04, 2018, 05:05:25 PM by jkoil
 #36901

Very nice study! Ok, so NEM's algorithm is POI and it is a  version of PoS.
Explanation (tl;dr):
In this study, author is showing what is the difference between just balance and importance based harvesting. Technically importance is calculated on the account activity base (so transactions with over 1000 XEM). The result from this particular study says that actual NEM algorithm (PoI) is not much different if there wouldn't be this "importance" part in it, and harvesting probability would be similar in both cases. So the most probability of harvesting a block is comming from a "balance" parameter, not exactly from "importance" parameter.

good compendium Smiley  from this https://docs.google.com/document/d/13M3wbdjI0Nzx-OKAd0dRCfOYFA_oT9Ydg96DkiUBsDs/edit?usp=sharing

There is also referred to a sheet
https://docs.google.com/spreadsheets/d/1LMLgretbB0EsRc8rAnvZQm_PEhtTeMqcku-VlN6iBTM/edit?usp=sharing
where one can compute his/hers own statistics. Maybe someone can find more positive results...


NXT, NEM.   NCMXTP-5JWUF3-QYHADC-YWELC5-QPUWF3-EAVFQM-MU7R
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May 05, 2018, 10:00:50 AM
 #36902

Very nice study! Ok, so NEM's algorithm is POI and it is a  version of PoS.
Explanation (tl;dr):
In this study, author is showing what is the difference between just balance and importance based harvesting. Technically importance is calculated on the account activity base (so transactions with over 1000 XEM). The result from this particular study says that actual NEM algorithm (PoI) is not much different if there wouldn't be this "importance" part in it, and harvesting probability would be similar in both cases. So the most probability of harvesting a block is comming from a "balance" parameter, not exactly from "importance" parameter.

good compendium Smiley  from this https://docs.google.com/document/d/13M3wbdjI0Nzx-OKAd0dRCfOYFA_oT9Ydg96DkiUBsDs/edit?usp=sharing

There is also referred to a sheet
https://docs.google.com/spreadsheets/d/1LMLgretbB0EsRc8rAnvZQm_PEhtTeMqcku-VlN6iBTM/edit?usp=sharing
where one can compute his/hers own statistics. Maybe someone can find more positive results...



Just looks like it rewards highly active wallets instead of wallets that make a few transactions a week.

I don't think you are supposed to gain massive importance if you just transfer some XEM to an exchange every now and then.
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May 05, 2018, 01:53:13 PM
 #36903

Very nice study! Ok, so NEM's algorithm is POI and it is a  version of PoS.
Explanation (tl;dr):
In this study, author is showing what is the difference between just balance and importance based harvesting. Technically importance is calculated on the account activity base (so transactions with over 1000 XEM). The result from this particular study says that actual NEM algorithm (PoI) is not much different if there wouldn't be this "importance" part in it, and harvesting probability would be similar in both cases. So the most probability of harvesting a block is comming from a "balance" parameter, not exactly from "importance" parameter.

good compendium Smiley  from this https://docs.google.com/document/d/13M3wbdjI0Nzx-OKAd0dRCfOYFA_oT9Ydg96DkiUBsDs/edit?usp=sharing

There is also referred to a sheet
https://docs.google.com/spreadsheets/d/1LMLgretbB0EsRc8rAnvZQm_PEhtTeMqcku-VlN6iBTM/edit?usp=sharing
where one can compute his/hers own statistics. Maybe someone can find more positive results...



Just looks like it rewards highly active wallets instead of wallets that make a few transactions a week.

I don't think you are supposed to gain massive importance if you just transfer some XEM to an exchange every now and then.

"looks like it rewards highly active wallets instead of wallets that make a few transactions"

Where does it show so?
The correlation between harvested blocks and transactions is only 0.13.
ofc the "active" may mean in PoI also the amount of sent XEMs, but that is not visible in that data.


BTW, where is used that "you" instead of passive expression. Sometimes "you" is quite distractive Wink

NXT, NEM.   NCMXTP-5JWUF3-QYHADC-YWELC5-QPUWF3-EAVFQM-MU7R
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May 05, 2018, 07:53:41 PM
 #36904

It seems to me that XEM will not receive a new push in growth if its policy goes in such a way as now, young competitors are breathing in the back, the team needs new significant partnerships
Partly you are right. But I am more for the fact that this project will develop successfully. We just need to wait and we'll see a good price for a coin.
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May 05, 2018, 10:43:35 PM
 #36905

how many shops accept nem for payments? we are the perfect crypto for fast payments, please contact merchants, we're perfect for them
Crypto payments is always going to be tricky business. Until a scale is reached, it is harder for merchants to justify this cost of changing their POS. On the other hand, you can use crypto like NEM when you transact peer to peer in the crypto community.
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May 06, 2018, 02:56:28 AM
 #36906

Voting is now live! View our NEM Community Funding proposal here: https://forum.nem.io/t/vote-now-mycoinvest-a-financial-savings-ecosystem-powered-by-the-nem-blockchain/16218/17 … To vote, send 0 XEM to one of the following addresses from your NEM Nano Wallet YES - NDNETT-57K3JY-7PGKJY-RS3DP7-GUFSKK-HMRUOD-JPX6 NO - NCDLV3-GKAANX-Y5RPIR-CL4WMA-EOC5YO-QRGNCK-K2DX
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May 06, 2018, 09:29:12 AM
 #36907


Just looks like it rewards highly active wallets instead of wallets that make a few transactions a week.

I don't think you are supposed to gain massive importance if you just transfer some XEM to an exchange every now and then.

I'm not a big whale. But now and then I find a block. Usually with a few fees but sometimes even with a three-digit number of fees (once so far). What I've noticed is that I find more blocks in shorter time if I had previously transferred XEM. That's why I think it has influence. But if it is that big, I can not really guess with my stake.
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May 06, 2018, 09:31:38 AM
 #36908

is the circulating supply on cmc right? I have some doubts, someone can check? thank you guys for the help

If you mean the circulating supply of 8.999.999.999 XEM, then yes it is correct. The question was asked several times before. A short Google search and you would have found the quick answer  Wink
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May 06, 2018, 02:14:51 PM
 #36909

are we listed in some decentralized exchanges? I think they are the future since exchange are too centralized
The only decentralised exchanges I know about are accepting ERC20 tokens only. I don't know whether COSS is decentralised or not, but there is practically no volume anyway.
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May 06, 2018, 04:31:41 PM
 #36910

are we listed in some decentralized exchanges? I think they are the future since exchange are too centralized
The only decentralised exchanges I know about are accepting ERC20 tokens only. I don't know whether COSS is decentralised or not, but there is practically no volume anyway.

https://crypto-bridge.org/ accept many coins not only tokens

 
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May 06, 2018, 05:08:47 PM
 #36911

Could I just get a final clarification on XPX (ProximaX) being run on top of the current NEM blockchain?  Is XPX just a mosaic on the NEM public blockchain, or is ProximaX running indepentently on another public blockchain (inspired by NEM tech)?     I'm looking at adding to my investment in NEM(XEM), but need clarification on the PromimaX position.  I read the whitepaper.
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May 06, 2018, 10:38:53 PM
 #36912

is the circulating supply on cmc right? I have some doubts, someone can check? thank you guys for the help

what are you referring to? Yes this is the actual supply. Sure the total number available is less because it´s held in Supernodes or by the foundation. But you can just check the richest to have a better picture about distribution

The new Cryptocurrency book "The Magical World of Cryptocurrencies" is out now and available for free to everyone!
Make sure to contribute and give something back to the community.
Visit https://coined1.com or the bitcointalk.org thread https://bitcointalk.org/index.php?topic=5088332.0;topicseen
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May 06, 2018, 11:02:30 PM
 #36913

Could I just get a final clarification on XPX (ProximaX) being run on top of the current NEM blockchain?  Is XPX just a mosaic on the NEM public blockchain, or is ProximaX running indepentently on another public blockchain (inspired by NEM tech)?     I'm looking at adding to my investment in NEM(XEM), but need clarification on the PromimaX position.  I read the whitepaper.

It is 100% a NEM mosaic.  Do you know when the tokens are going to hit the exchanges?
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May 07, 2018, 01:01:02 AM
 #36914

With all of these new crypto to fiat payment apps, like Crypterium, will NEM be able to withstand the increase on their blockchain from such companies?
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May 07, 2018, 02:39:52 AM
 #36915



Con la NanoWallet de NEM no solo cosechas XEM. Todo el ecosistema Blockchain de NEM está al alcance de tu mano desde la NanoWallet. Te enseñamos los servicios que te ofrece en el Episodio 03 de NEM Academia.

https://youtu.be/Sfo6_jWTOEY
Alohaboy?!
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May 07, 2018, 07:27:13 AM
 #36916

Could I just get a final clarification on XPX (ProximaX) being run on top of the current NEM blockchain?  Is XPX just a mosaic on the NEM public blockchain, or is ProximaX running indepentently on another public blockchain (inspired by NEM tech)?     I'm looking at adding to my investment in NEM(XEM), but need clarification on the PromimaX position.  I read the whitepaper.

It is 100% a NEM mosaic.  Do you know when the tokens are going to hit the exchanges?

you should just join the telegram group https://t.me/ProximaXio there is all the info you need. the tokenrelease is in max 30 days from now on. And they are working on the exchanges

The new Cryptocurrency book "The Magical World of Cryptocurrencies" is out now and available for free to everyone!
Make sure to contribute and give something back to the community.
Visit https://coined1.com or the bitcointalk.org thread https://bitcointalk.org/index.php?topic=5088332.0;topicseen
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May 07, 2018, 12:35:08 PM
Last edit: May 08, 2018, 02:59:16 PM by jelin1984
 #36917

Buy as m8ch Xem as you can

Free money here







https://blog.chronobank.io/minutes-xmin-airdrop-for-time-and-xem-holders-9888854608cb
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Nope.


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May 07, 2018, 12:56:14 PM
 #36918


Does anybody have experience with the MintWallet?

Great minds discuss ideas,
average minds discuss events,
small minds discuss people. (Eleanor Roosevelt)
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May 07, 2018, 05:28:47 PM
 #36919

XMIN Airdrop to XEM Holders (May 07 09:00 UTC)
https://coindar.org/en/event/nem-xem-xmin-airdrop-to-xem-holders-8707
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May 07, 2018, 06:33:08 PM
 #36920

is there a site that counts down on the scheduled release date of the catapult of NEM?
No, there is no such date yet.
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