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

[jadedjack]

so what kind of coinage do you need to properly stake (yes i've read up but there are some contradiction, eg my client says 1000, but a tutoral says 10000 etc etc etc)?

any advantage in more coinage?

prior to staking any advantage or need in keeping the client running?

it is 10000, the client has a typo
more coinage is related to your importance on the network, and therefore increases your odds of harvesting a block, but not directly, check out the white paper for more detail

Harvesting involves block creation, so something needs to be running. It can be your local computer running a node, your own remote node on a vps, or on a public node.

Soon, (i hope) there will be a system of rewards for those running their own nodes. So that will be another way of profiting in addition to harvesting

[kelsey]

so what kind of coinage do you need to properly stake (yes i've read up but there are some contradiction, eg my client says 1000, but a tutoral says 10000 etc etc etc)?

any advantage in more coinage?

prior to staking any advantage or need in keeping the client running?

it is 10000, the client has a typo
more coinage is related to your importance on the network, and therefore increases your odds of harvesting a block, but not directly, check out the white paper for more detail

Harvesting involves block creation, so something needs to be running. It can be your local computer running a node, your own remote node on a vps, or on a public node.

Soon, (i hope) there will be a system of rewards for those running their own nodes. So that will be another way of profiting in addition to harvesting

thanks for the reply

is there any advantage in keeping the client open prior to having your coins mature to staking age?

[jadedjack]

so what kind of coinage do you need to properly stake (yes i've read up but there are some contradiction, eg my client says 1000, but a tutoral says 10000 etc etc etc)?

any advantage in more coinage?

prior to staking any advantage or need in keeping the client running?

it is 10000, the client has a typo
more coinage is related to your importance on the network, and therefore increases your odds of harvesting a block, but not directly, check out the white paper for more detail

Harvesting involves block creation, so something needs to be running. It can be your local computer running a node, your own remote node on a vps, or on a public node.

Soon, (i hope) there will be a system of rewards for those running their own nodes. So that will be another way of profiting in addition to harvesting

thanks for the reply

is there any advantage in keeping the client open prior to having your coins mature to staking age?

Before you have 10000 vested probably not, unless you just want to support the network and keep current with the blockchain.
Deposits are vested at 10% per day (1440 blocks) so you can figure out how long it will take to get a vested account of 10000 or over.

[boringcoinbct]

The whitepaper is pretty detailed. It's also very conservatively written, but I get the sense NEM/XEM has a grand ambition of positioning itself as another major Crypto 2.0 platform alongside Ethereum - am I reading too much into this or is that the case?

[patmast3r]

The whitepaper is pretty detailed. It's also very conservatively written, but I get the sense NEM/XEM has a grand ambition of positioning itself as another major Crypto 2.0 platform alongside Ethereum - am I reading too much into this or is that the case?

I'm not sure what you mean by conservative. I actually think it's quite the opposite with all the quotes in there

[valkir]

I got a problem with my wallet. It always said that my password is wrong but Im sure this is the good one.

Can I do something ??

[patmast3r]

I got a problem with my wallet. It always said that my password is wrong but Im sure this is the good one.

Can I do something ??

If you still have the priv-key you can re-import that. Also you could try using a backup if you have one.

[valkir]

I got a backup of the adb and wlt file.

I jsut open a new wallet and import them ?

[patmast3r]

I got a backup of the adb and wlt file.

I jsut open a new wallet and import them ?

there is no such function yet. If you're sure those backups are proper then you can just overwrite the files in the nem folder or delete the old wallet and adb first and then copy the backup there.
In any event I'm taking no responsibility.

[valkir]

Wow nice coin. Change the password and lost my coin. I like NEM.
Happy I didnt invest too much.

[boringcoinbct]

The whitepaper is pretty detailed. It's also very conservatively written, but I get the sense NEM/XEM has a grand ambition of positioning itself as another major Crypto 2.0 platform alongside Ethereum - am I reading too much into this or is that the case?

I'm not sure what you mean by conservative. I actually think it's quite the opposite with all the quotes in there

I mean it isn't filled with all the kind of extravant, unsubstantiated claims you find in most crypto whitepapers. It's academic, reserved and looks solid. I hope NEM has more to say about the use of the network as a platform for 2.0 applications.

[patmast3r]

Wow nice coin. Change the password and lost my coin. I like NEM.
Happy I didnt invest too much.

You can't change your password. Whatever you did...you did it wrong.
If you can point me to the "coin" that let's you fuck up your wallet without loosing your coins that would be much appreciated.

[DenisZabar]

nemnode.tk is down

[jadedjack]

I got a problem with my wallet. It always said that my password is wrong but Im sure this is the good one.

Can I do something ??

sometimes if you cut and paste text a trailing whitespace will be added. Check to see if a whitespace should or should not be used at the end.

[samysamy1]

Wow nice coin. Change the password and lost my coin. I like NEM.
Happy I didnt invest too much.

I had no problems changing my password. Backup your wallet, delete it from the Nem folder and create a new wallet and import your private key.

[NorrisK]

The NEM team is pleased to announce that the NEM Technical Reference, Version 1.0, has been released today. This document serves as both the white paper for NEM as well as a full technical overview.

http://blog.nem.io/nem-technical-report/

BOOM  

Awesome! This will be on my to read list for tomorrow! Will be interesting to read more on the thoughts and methods behind NEM!

[valkir]

Ok can someone explain please is it possible to import the .wlt and the .adb to get back my coin ??

[OBAViJEST]

Sorry if this is a stupid question, but what's the best method for funding my wallet on a remote VPS (with the goal of activating harvesting)?

My NEM is currently sitting in an exchange, so if I send it to my local wallet or remote wallet address, what message do I add?  Or is that not necessary for personal transfers?

[kelsey]

Sorry if this is a stupid question, but what's the best method for funding my wallet on a remote VPS (with the goal of activating harvesting)?

My NEM is currently sitting in an exchange, so if I send it to my local wallet or remote wallet address, what message do I add?  Or is that not necessary for personal transfers?

i sent all i've bought from bittrex to my wallet with no txt worked fine, i sent some to bittrex and without txt (the one they give you) it didn't arrive and had to submit a ticket.

[kelsey]

now actively harvesting with a small amount 75k all up 15k vested, 0.84% importance

looks (after reading the whitepaper) no matter what complications you add the savvy rich will get richer, while those with small holdings pay hugish (for crypto) fees...i've paid 58 in fees all up on just moving small amounts with little chance of recieving much from mining?