NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[iaminitnow06]

http://www.docdroid.net/gwik/nem-report1.pdf.html

Did anyone else see the press release report?  NEM was placed on over 370+ news media websites.  That's 370+ and not a typo.  

WOW!! I see a massive wave of people getting into NEM within this month

[1715407865]

1715407865

[1715407865]

1715407865

[1715407865]

1715407865

[nembit86]

http://www.docdroid.net/gwik/nem-report1.pdf.html

Did anyone else see the press release report?  NEM was placed on over 370+ news media websites.  That's 370+ and not a typo.  

WOW!! I see a massive wave of people getting into NEM within this month

There has been a lull over the whole cryptocurrency sphere of late but that will change, I'm sure of it. Quiet progress has been made with NXT and NEM. As the global situation deteriorates, financially and geopolitically we will see the Big Influx of capital. Im sure the guys that stay the course will be amply rewarded.
  Remember what happened to BTC during the Cyprus bail-in? Well in my opinion NXT and NEM will be better positioned to see inflows of money like that but multiplied hundreds - fold.

[gimre]

I've been playing a bit with the 1-click-install and so far it's really great. Though, i agree that the whole NIS and NCC is not user friendly. It should be more transparent for the user.

Now that the code it out, is there a security audit (contest) that is planned? (I cant remember seeing this in the discussion). I really think that we should keep a couple of stakes for that.

Finally,  can someone send me some testNEM?

Cheers!

I am sure if you found a security flaw in the code, that the devs would give you atleast a partial NEMstake as a reward.
I don't know any more specifics than that though.

As of now, NCC is Open Sourced not NIS. Bugs in NCC hardly affect the network.
Even so it's still possible to find bugs, and one person already did found a bug.

[Chaos514]

I've been playing a bit with the 1-click-install and so far it's really great. Though, i agree that the whole NIS and NCC is not user friendly. It should be more transparent for the user.

Now that the code it out, is there a security audit (contest) that is planned? (I cant remember seeing this in the discussion). I really think that we should keep a couple of stakes for that.

Finally,  can someone send me some testNEM?

Cheers!

I am sure if you found a security flaw in the code, that the devs would give you atleast a partial NEMstake as a reward.
I don't know any more specifics than that though.

As of now, NCC is Open Sourced not NIS. Bugs in NCC hardly affect the network.
Even so it's still possible to find bugs, and one person already did found a bug.

I didn't take the time to look at the code yet, but If I do and I find anything, I will not want any stake in return. As a stakeholder, having a great coin with a value that will grow over time is reward enough (and I'm sure this is true for most stakeholder). But Open source mean that anyone can look at the code, so if anyone find a way to manipulate the blockchain, they could use it for their own gain and therefore crash the value of NEM.

If NIS get open sourced, I think it wouldn't hurt to have a few persons look a the code from a security perspective. The idea of a "contest" is just to ensure we will have a few pairs of eyes looking at the code, but If we have some fellow NEMbsters with that particular background, that's even better.

[gimre]

If NIS get open sourced, I think it wouldn't hurt to have a few persons look a the code from a security perspective. The idea of a "contest" is just to ensure we will have a few pairs of eyes looking at the code, but If we have some fellow NEMbsters with that particular background, that's even better.

NIS will definitely be open sourced. That's something all developers unanimously agree on.

[TaunSew]

http://www.docdroid.net/gwik/nem-report1.pdf.html

Did anyone else see the press release report?  NEM was placed on over 370+ news media websites.  That's 370+ and not a typo.  

WOW!! I see a massive wave of people getting into NEM within this month

There's much more exciting news to come in the next weeks.    

[makoto1337]

Something to read for all the people calling for an ealier launch:

http://www.cryptocoinsnews.com/news/bitcoin-really-fragile-bitcoin-core-developer-mike-hearn/2014/09/01

Interesting read and something many proponents of Bitcoin never want to admit. I've been saying for a while now that Bitcoin is inherently flawed for a number of reasons, which is why I am moving most of my BTC holdings into next-gen crypto like NEM and other avenues of crypto-related investments.

Of course, I am still holding on to some BTC because they could theoretically still fix a lot of the issues it has. It's not like it is set in stone forever and can never be changed, but the question is whether or not they have the capability or willingness to do so before it's too late. Meanwhile, next-gen cryptocurrencies like NEM are already shaping up to be better in almost every conceivable way than the 1.0 cryptocurrencies and once they get established, well... it may be too late for the likes of BTC and its clones.

Just my thoughts on this matter.

We need to replace Bitcoin before it fails because if one crypto had wide adoption and failed other cryptos will have an even harder time every getting adopted again.

This is why NEM needs a direct link to fiat.

[makoto1337]

@kody You're making me hungry talking about berries

IMHO anon features should be a layer on top of currencies, to create true anonymity, rather than being in the currency. I hope that an anon service can be launched on top of NEM fairly soon.

[rockethead]

@kody You're making me hungry talking about berries

you should try peach yogurt with crushed and whole blueberries and strawberries with chocolate digestives broken up into little pieces and sprinkled on top..



i bet your hungry now

I've got some of them in my fridge. Will reach out for them in a while.

[dodgecharger]

http://www.docdroid.net/gwik/nem-report1.pdf.html

Did anyone else see the press release report?  NEM was placed on over 370+ news media websites.  That's 370+ and not a typo.  

wow this is amazing
This community is really coming together. There's a lot of people here that
want to see this coin have success 

[rockethead]

http://www.docdroid.net/gwik/nem-report1.pdf.html

Did anyone else see the press release report?  NEM was placed on over 370+ news media websites.  That's 370+ and not a typo.  

wow this is amazing
This community is really coming together. There's a lot of people here that
want to see this coin have success 

Let's move the movement! Support Altnemo.com to make it even better!

[AtarErren]

I just gonna drop it here. free to use if anyone found it useful.


https://i.imgur.com/wGN62V3.png

[makoto1337]

I just gonna drop it here. free to use if anyone found it useful.

Awesome. I'm interested in knowing how you made that

[smith coins]

I just gonna drop it here. free to use if anyone found it useful.

Awesome. I'm interested in knowing how you made that

golden rain .nice

[rockethead]

I just gonna drop it here. free to use if anyone found it useful.

Magical!! I am impressed!

This should be in the newsletter front cover!

[sdersdf2]

http://www.docdroid.net/gwik/nem-report1.pdf.html

Did anyone else see the press release report?  NEM was placed on over 370+ news media websites.  That's 370+ and not a typo.  

WOW!! I see a massive wave of people getting into NEM within this month

There has been a lull over the whole cryptocurrency sphere of late but that will change, I'm sure of it. Quiet progress has been made with NXT and NEM. As the global situation deteriorates, financially and geopolitically we will see the Big Influx of capital. Im sure the guys that stay the course will be amply rewarded.
  Remember what happened to BTC during the Cyprus bail-in? Well in my opinion NXT and NEM will be better positioned to see inflows of money like that but multiplied hundreds - fold.

Indeed - crypto needs another Cyprus. It's looking like we could be in for at least a half dozen over the coming year or two.

[luckygenough56]

BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...

[Thingamajig]

BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...

Yeah, and sadly there's only going to ever be a select minority that own the bulk of the mining power. Bitcoin is more centralized then Fiat.

What you said also reminded me of:

http://thecoinfront.com/is-bitcoin-mining-profitable-in-2014/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-mining-profitable-in-2014


A quote from the article:

Running those numbers, we discover that, based on the price of energy at ten cents per kWh (standard price here in Toronto. Your mileage may vary), given the current difficulty of Bitcoin mining, and the current price, you will never see a return on your investment.

It's been this way for years, and you have to bare in mind costs of hardware/electricity which is likely worse in many other countries. Right now mining is more about the big boys with deep pockets competing with eachother to mine. It's fallen long out of the reach of the average joe.

[luckygenough56]

BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...

Yeah, and sadly there's only going to ever be a select minority that own the bulk of the mining power. Bitcoin is more centralized then Fiat.

What you said also reminded me of:

http://thecoinfront.com/is-bitcoin-mining-profitable-in-2014/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-mining-profitable-in-2014


A quote from the article:

Running those numbers, we discover that, based on the price of energy at ten cents per kWh (standard price here in Toronto. Your mileage may vary), given the current difficulty of Bitcoin mining, and the current price, you will never see a return on your investment.

It's been this way for years, and you have to bare in mind costs of hardware/electricity which is likely worse in many other countries. Right now mining is more about the big boys with deep pockets competing with eachother to mine. It's fallen long out of the reach of the average joe.

Yeah only big ones will keep running because they got special electricity rebates or don't even pay for it. But big crowd will slowly realize that bitcoin is outdated tech only sustained by big investors/mining industry. The process will certainly be long but unavoidable imo.

[popolite11]

BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...

this will be the case in future


Yeah, and sadly there's only going to ever be a select minority that own the bulk of the mining power. Bitcoin is more centralized then Fiat.

What you said also reminded me of:

http://thecoinfront.com/is-bitcoin-mining-profitable-in-2014/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-mining-profitable-in-2014


A quote from the article:

Running those numbers, we discover that, based on the price of energy at ten cents per kWh (standard price here in Toronto. Your mileage may vary), given the current difficulty of Bitcoin mining, and the current price, you will never see a return on your investment.

It's been this way for years, and you have to bare in mind costs of hardware/electricity which is likely worse in many other countries. Right now mining is more about the big boys with deep pockets competing with eachother to mine. It's fallen long out of the reach of the average joe.

Yeah only big ones will keep running because they got special electricity rebates or don't even pay for it. But big crowd will slowly realize that bitcoin is outdated tech only sustained by big investors/mining industry. The process will certainly be long but unavoidable imo.