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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2875206 times)
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lemonandfriesonetwo
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February 02, 2019, 01:40:01 AM
 #38341


So repeating what was said for over 2 years except it's ok now because it is from "new people".

What happened this time will happen again and it's because "don't worry about it, give them millions of NEM and they will handle it for us"

How about using that voting system built into NEM that will allow it to become a true cryptocurrency for the people by the people, don't let this "foundation" aka board of directors fool you.
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February 02, 2019, 05:22:41 PM
 #38342

What makes you think the new leadership is not the same one as before, with people known to them and just rebranded to something new?

The new leadership has shown that they want to do things better. As a first step, they made an actual shot and the result was not great. This is a good start. I also trust Alex Tinsman more than the former president. Whether it really gets better, has to show in the future.

A lot of times companies will declare bankruptcy just to emerge as a brand new company with new staff, also this bakruptcy protects them from being sued into oblivion.

Now where have I recently heard that a group of people are trying to declare bankruptcy on a decentralized cryptocurrency?

The foundation is insolvent, not the project. 150 employees (I wonder what they all have done the last few years) are fired. The new leadership must now present a good plan for releasing the fund money. New activities definitely have to become more efficient and successful. I also like the approach that the foundation should take on its own finances, for example by offering business customer training.

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February 02, 2019, 05:30:04 PM
 #38343

The new leadership has shown that they want to do things better. As a first step, they made an actual shot and the result was not great. This is a good start. I also trust Alex Tinsman more than the former president. Whether it really gets better, has to show in the future.

Indeed. This is the first leadership that actually seems to give a shit and imparts actual information. They need the opportunity to make a difference.

I didn't care about the foundation at all until we discovered that the launch of public Catapult relied on their input, of which there'd been none. I cannae believe that situation was allowed to exist. There should've been a separate and dedicated group for that all along.

I don't care about the money thing. No regular people were being deprived of anything. I do care about all the time and opportunity that was totally squandered.

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February 02, 2019, 11:00:07 PM
 #38344

I don't care about the money thing. No regular people were being deprived of anything. I do care about all the time and opportunity that was totally squandered.

I agree to all of your points. NEM is a great project and it will be the last chance to make something big out of it. It's still the only project that uses proof-of-importance, which makes it unique. The foundation needs to reorganize and appoint a group to push the release for Catapult.

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February 03, 2019, 02:20:47 AM
 #38345

NEM was here long before the NEM Foundation, and will continue to be here even if the Foundation folds.

That being said, most news articles that came out are just irresponsible journalism.  How many times have we heard Bitcoin has died?
The Foundation is just restructuring, and there will be a vote for any new funding once the new proposal comes out.

To me this is good news.  I want to give Alex the benefit of the doubt and let her lead the new organization, and hope the community can get behind her. 
We voted for this change, and now people are freaking out they are actually changing something?



NEM   NanoWallet   SuperNodes   Apostille   Landstead   Catapult   Mijin
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February 03, 2019, 06:20:29 AM
 #38346

Yeap, it's true, but the failure of NEM foundation will potentially have negative impacts on NEM in shor term.
NEM was here long before the NEM Foundation, and will continue to be here even if the Foundation folds.

For a long term future, NEM will survive and move forwards well.
Foundations comes and goes, NEM will always be here.
Quote
That being said, most news articles that came out are just irresponsible journalism.  How many times have we heard Bitcoin has died?
The Foundation is just restructuring, and there will be a vote for any new funding once the new proposal comes out.

To me this is good news.  I want to give Alex the benefit of the doubt and let her lead the new organization, and hope the community can get behind her. 
We voted for this change, and now people are freaking out they are actually changing something?

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February 03, 2019, 10:53:10 AM
 #38347

As a trader, i can say: it is the most perfect time to make such changes as now is a bear market and price already were demolished to nothing. This whole shit storm brought us only a 2 cent price lowering. If it was on a bull market, we could see a devastating 1 or 2-dollar price movements in a day.
For those who believe in XEM it is Christmas time sale. Will price follow BTC, sure it will, will BTC fall to 1 k, who knows. If XEM price will go to 1 cent, I will be buying it. Know why? Because it, may change your life and your children life.
When will start the new bull run, no one knows. I presume it may be October, but it is only my predictions.
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February 03, 2019, 11:37:49 AM
 #38348

I wonder how many other projects are in the near bankruptcy but just won't tell us about it. I actually like the transparency that these guys had and made me dig deeper into the project.


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February 03, 2019, 03:28:40 PM
 #38349

As what happened in 2014, long bearish market forced many projects to dead.
In contrast, sweet results for projects that can survive over bearish market.
They will blossom when bearish market goes away, then bullish market comes.

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February 03, 2019, 05:10:31 PM
 #38350

As what happened in 2014, long bearish market forced many projects to dead.
In contrast, sweet results for projects that can survive over bearish market.
They will blossom when bearish market goes away, then bullish market comes.

I have experienced what happened in 2014, everything feels bitter and there is nothing sweet, all that remains is rubble, but after that year the market has come so strong and very unreasonable. For the time being, you can only surrender to the situation.
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February 03, 2019, 06:26:45 PM
Last edit: February 03, 2019, 06:42:24 PM by gentlemand
 #38351

Here's an interesting titbit from the Telegram channel. The top is a quote from Lon Wong, former foundation president who more than a few have accused of running for the door as soon as Catapult code was available to play with with ProximaX.


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February 03, 2019, 09:06:56 PM
 #38352

The NEM blockchain, which is behind the NEM (XEM) cryptocurrency, isn’t doing so well. According to a notice released by the NEM Foundation, a non-profit group formed to promote the blockchain, the foundation is short on cash and apparently could only survive for about one more month. In an effort to avoid having to file for bankruptcy, it will have to begin staff layoffs and is currently undergoing a significant restructuring.

https://forum.nem.io/t/nem-foundation-message-to-the-community/21753

SUGGEST RUN to OKcAsH or BitcoinSV they have the technological patents filed +1200 at this day

exemple: https://patentimages.storage.googleapis.com/92/ea/a4/24bf8330cdf7a3/WO2017187397A1.pdf?fbclid=IwAR1e4IPj87P1VZTxdEFHqeYLRCBbK11IZcn6BjlZFvMMyizeB71rmmzejy0



Where is mentioned "1200 at this day" ?

I am not sure if that is an approved patent or just an application FOR a Patent.
When making search by the Applicant name here
http://patft.uspto.gov/netahtml/PTO/search-bool.html

it shows that NCHAIN HOLDINGS has only one patent.

Interesting is that some referred patents are about virtual currency and filed already in year 2000.




Indeed there are more than 1200 deposit requests for Bitcoin Satoshi Vision. It's on the thread wall of a Nchain leader Dr. Craig S Wright @ProfFaustus on Twitter his account is private but you can request an addition without problem if you are respectful the guy will not eject you.

Here are some other sources of Bitcoin SV patents https://patents.google.com/patent/WO2017145010A1/en

even if 1200 patents that already seem to be paid for are not all retained, it makes a lot of money for the protection of knowledge, I hope that it will not stifle Blockchain research too much and will make it possible to sort through the scamcoins where the Devs disappear and false ICOs.

Can you provide me with the source for patents (year 2000) you are talking about? Thank you in advance Smiley




Year 2000 patent:
http://patft.uspto.gov/netacgi/nph-Parser?Sect2=PTO1&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&d=PALL&RefSrch=yes&Query=PN%2F6023508


But ... still not sure about those 1200.
During these days one patent has been filed, because now USPTO locates 2 patents for NCHAIN :
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=0&f=S&l=50&TERM1=NCHAIN+holdings&FIELD1=&co1=AND&TERM2=&FIELD2=&d=PTXT

The reason why I do not take patents.google.com so seriously is that my name is located also there, but it is not in USPTO.
And the latter case is correct, coz my inventions have not yet been approved as patents - they are just "claimed applications" Smiley  / Sad

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February 04, 2019, 04:34:16 PM
 #38353

https://medium.com/@DarcMatter/darcmatter-reiterates-support-for-nem-987af3609e19


also do the post LON WONG will go to courts from DEV of NEM AND FROM TB

LON WONG also stolen money from NEM FOUNDATION for his new garbage coin PROXIMAX
if you see the logo of garbage coin PROXIMAX also is stolen from NEM




i want to know which one buy these shit coin

https://coinmarketcap.com/currencies/proximax/#markets

This is not accurate. Unless you enjoy the drama, you can feel free to add more FUD. Not long time ago it was Lon who lead NEM all the way to billions in market cap. Away from the tiny NEM foundation funding issues: The reality is that today the NEM ecosystem is stronger than ever with very solid dev, community and catapult innovations. It is catapult innovations that open the door for projects such as ProximaX. Not only we "NEM community" should support ProximaX but we should support all similar projects. I do not see any value in attacking any current or previous NEM leads/devs/projects.

It is pure ignorance to call ProximaX a sh** coin. Go read their recently published technical papers solving very complex problems that will benefit NEM directly or indirectly sooner or later.
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February 04, 2019, 07:09:59 PM
 #38354

https://medium.com/@DarcMatter/darcmatter-reiterates-support-for-nem-987af3609e19


also do the post LON WONG will go to courts from DEV of NEM AND FROM TB

LON WONG also stolen money from NEM FOUNDATION for his new garbage coin PROXIMAX
if you see the logo of garbage coin PROXIMAX also is stolen from NEM




i want to know which one buy these shit coin

https://coinmarketcap.com/currencies/proximax/#markets

This is not accurate. Unless you enjoy the drama, you can feel free to add more FUD. Not long time ago it was Lon who lead NEM all the way to billions in market cap. Away from the tiny NEM foundation funding issues: The reality is that today the NEM ecosystem is stronger than ever with very solid dev, community and catapult innovations. It is catapult innovations that open the door for projects such as ProximaX. Not only we "NEM community" should support ProximaX but we should support all similar projects. I do not see any value in attacking any current or previous NEM leads/devs/projects.

It is pure ignorance to call ProximaX a sh** coin. Go read their recently published technical papers solving very complex problems that will benefit NEM directly or indirectly sooner or later.

Maybe Lon Wong never existed in the first place, even the name is obvious.

It'll get deeper and more conspiracy before it gets better.
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February 04, 2019, 07:17:13 PM
 #38355

https://medium.com/@DarcMatter/darcmatter-reiterates-support-for-nem-987af3609e19


also do the post LON WONG will go to courts from DEV of NEM AND FROM TB

LON WONG also stolen money from NEM FOUNDATION for his new garbage coin PROXIMAX
if you see the logo of garbage coin PROXIMAX also is stolen from NEM




i want to know which one buy these shit coin

https://coinmarketcap.com/currencies/proximax/#markets

This is ...
It is pure ignorance to call ProximaX a sh** coin. Go read their recently published technical papers solving very complex problems that will benefit NEM directly or indirectly sooner or later.

Maybe Lon Wong never existed in the first place, even the name is obvious.

It'll get deeper and more conspiracy before it gets better.

that is quite strong statement Wink
https://www.youtube.com/watch?v=HMXMk-SDs1U

maybe you have now whiplashed by too heavy frequency... slow down Smiley

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February 04, 2019, 07:20:31 PM
Last edit: February 04, 2019, 07:51:33 PM by gentlemand
 #38356

This is not accurate. Unless you enjoy the drama, you can feel free to add more FUD. Not long time ago it was Lon who lead NEM all the way to billions in market cap. Away from the tiny NEM foundation funding issues: The reality is that today the NEM ecosystem is stronger than ever with very solid dev, community and catapult innovations. It is catapult innovations that open the door for projects such as ProximaX. Not only we "NEM community" should support ProximaX but we should support all similar projects. I do not see any value in attacking any current or previous NEM leads/devs/projects.

It is pure ignorance to call ProximaX a sh** coin. Go read their recently published technical papers solving very complex problems that will benefit NEM directly or indirectly sooner or later.

There's zero proof or suspicion he's stolen anything but his conduct has not been exactly impressive at times. However it is his right. Almost everyone in this space is totally self serving.

I've observed his behaviour on the Telegram channels for ages. If he's called out on anything all he does is attack.

I remember reading he was instrumental in making NIS closed source and that's probably been the main cause of NEM's never ending invisibility. As soon as he had an open source sandbox to play with then off he went.

ProximaX is a competitor as well as a collaborator in certain areas. It does show how NEM has been throwing away time and effort. ProximaX has people who deliver and then they go out and hustle with the results. The NEM core developers certainly deliver and then not a great deal happens afterwards. That looks like the direction the new leadership is heading towards and that's how it should've been all along.

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February 04, 2019, 07:42:08 PM
 #38357

https://medium.com/@DarcMatter/darcmatter-reiterates-support-for-nem-987af3609e19


also do the post LON WONG will go to courts from DEV of NEM AND FROM TB

LON WONG also stolen money from NEM FOUNDATION for his new garbage coin PROXIMAX
if you see the logo of garbage coin PROXIMAX also is stolen from NEM




i want to know which one buy these shit coin

https://coinmarketcap.com/currencies/proximax/#markets

This is ...
It is pure ignorance to call ProximaX a sh** coin. Go read their recently published technical papers solving very complex problems that will benefit NEM directly or indirectly sooner or later.

Maybe Lon Wong never existed in the first place, even the name is obvious.

It'll get deeper and more conspiracy before it gets better.

that is quite strong statement Wink
https://www.youtube.com/watch?v=HMXMk-SDs1U

maybe you have now whiplashed by too heavy frequency... slow down Smiley


Maybe, maybe not. Looking for an exit.  Wink
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February 04, 2019, 07:50:24 PM
 #38358

Just so everyone is aware, hiring actors from almost unknown villages in Asia is a thing.

Bitcooonneeect!  Grin
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February 05, 2019, 03:20:12 AM
Last edit: February 05, 2019, 04:06:53 AM by NEMergizer
Merited by gentlemand (1), tyz (1)
 #38359

This is not accurate. Unless you enjoy the drama, you can feel free to add more FUD. Not long time ago it was Lon who lead NEM all the way to billions in market cap. Away from the tiny NEM foundation funding issues: The reality is that today the NEM ecosystem is stronger than ever with very solid dev, community and catapult innovations. It is catapult innovations that open the door for projects such as ProximaX. Not only we "NEM community" should support ProximaX but we should support all similar projects. I do not see any value in attacking any current or previous NEM leads/devs/projects.

It is pure ignorance to call ProximaX a sh** coin. Go read their recently published technical papers solving very complex problems that will benefit NEM directly or indirectly sooner or later.

There's zero proof or suspicion he's stolen anything but his conduct has not been exactly impressive at times. However it is his right. Almost everyone in this space is totally self serving.

I've observed his behaviour on the Telegram channels for ages. If he's called out on anything all he does is attack.

I remember reading he was instrumental in making NIS closed source and that's probably been the main cause of NEM's never ending invisibility. As soon as he had an open source sandbox to play with then off he went.

ProximaX is a competitor as well as a collaborator in certain areas. It does show how NEM has been throwing away time and effort. ProximaX has people who deliver and then they go out and hustle with the results. The NEM core developers certainly deliver and then not a great deal happens afterwards. That looks like the direction the new leadership is heading towards and that's how it should've been all along.


We trust and should support the new NEM foundation. There were lots of FUD last week around how useless to have a foundation. It is time to show the strength of the NEM community by supporting the new leads.

You are right about how NEM wasted time and resources in parts of 2017 and 2018. Every stage requires different strategy we can not go all the way all the time with a single strategy. Should be flexible enough to change and adapt. It is all about how we can adapt to any situation. IMO NEM is still too strong. Open sourcing catapult is a key for NEM success. The more it is used the more the ecosystem will grow in terms of communities, devs and awareness. I do not like the fact that catapult is taking tooooo long to be used by NEM publicly. The real problem here is that too much development is taking place in catapult as a private chain. I trust in the NEW foundation to change that. They are already nailing the most critical problems.

Please be aware that though the current published open sourced catapult includes lots of innovative features it is still useless. Cause it is only good to run in a trustful environment as a "private chain". It doesn't include any sort of trustless consensus to run as a public chain. So to be accurate here, the NEM dev team didn't really through away any of the real hard work "Consensus". ProximaX added proof-of-stake consensus following NXT principles. The real question here is what NEM is planning to do in developing catapult public consensus? Why NEM is behind? I am not aware of any news in that regards. And if it is in progress, Why the NEM community is not informed about such critical development process?

Enough FUD Nemers, lets get down solving real issues. and keep in mind that NEM was originally NO ENVY MOVEMENT!
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February 05, 2019, 04:23:31 AM
 #38360

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