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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2897266 times)
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patmast3r
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January 15, 2016, 12:28:20 PM
 #21101

It should make us aware though, that XEM needs to be decoupled from the bitcoin and needs an exchange of its own. A fiat/XEM exchange is necessary, maybe the devs can create like a video concerning the current problems with bitcoin and why XEM as a currency is a much better alternative? Can somebody here tell me how does the transaction capacity of NEM compare to bitcoin?  Huh

NEM currently has 120 transactions per block so this equals out to 2 TPS.


Is that good?

No but it's more than enough for now.
However that 120 tx is a limitation that is afaik mostly catered to nodes that couldn't handle more during the early beta tests. If nodes were stronger (and they will be due to supernode rewards) NEM could prob do a lot more than 120 per block.

hmm okay, but in the future it can be adapted even further right? Not like bitcoin when it reaches its limit it melts down? Huh

Yes the limits can be set higher in the future. I don't think it's a priority for the devs right now though since there just is no demand for it.

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January 15, 2016, 12:32:50 PM
 #21102

It should make us aware though, that XEM needs to be decoupled from the bitcoin and needs an exchange of its own. A fiat/XEM exchange is necessary, maybe the devs can create like a video concerning the current problems with bitcoin and why XEM as a currency is a much better alternative? Can somebody here tell me how does the transaction capacity of NEM compare to bitcoin?  Huh

NEM currently has 120 transactions per block so this equals out to 2 TPS.


Is that good?

No but it's more than enough for now.
However that 120 tx is a limitation that is afaik mostly catered to nodes that couldn't handle more during the early beta tests. If nodes were stronger (and they will be due to supernode rewards) NEM could prob do a lot more than 120 per block.

hmm okay, but in the future it can be adapted even further right? Not like bitcoin when it reaches its limit it melts down? Huh

Yes the limits can be set higher in the future. I don't think it's a priority for the devs right now though since there just is no demand for it.

Not at this point in time indeed, but you can never start soon enough when it comes to anticipating with a project like this. First NEM is going to conquer the Asian economies, and then the world, soooo eventually NEM will need a lot of transaction capacity.  Smiley

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January 15, 2016, 01:22:01 PM
 #21103



Not at this point in time indeed, but you can never start soon enough when it comes to anticipating with a project like this. First NEM is going to conquer the Asian economies, and then the world, soooo eventually NEM will need a lot of transaction capacity.  Smiley

That's where the devs' experience with Mijin will certainly prove valuable. I'm confident it won't be an issue any time soon ..
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January 15, 2016, 01:24:55 PM
 #21104

So when is APEX exchange going online? because honestly I don't like the fact that XEM is tied in to the "mood swings' of bitcoin...

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January 15, 2016, 02:17:08 PM
 #21105

So when is APEX exchange going online? because honestly I don't like the fact that XEM is tied in to the "mood swings' of bitcoin...

Coding is more or less complete but still needs to put them together as a system. Estimated to be 2 weeks. There after we will have internal tests. Estimated to be 3-4 weeks. Subsequently, we will invite a small group who will test it. Estimated to be 4 weeks.

This is the time frame. But as with all software projects, this is our estimated time frame and cannot be taken as a firm commitment.

For your info, this is a fiat/BTC/XEM/Mosaic exchange only. We are not interested in other alts at the moment.

MoozicoreWORLDS FIRST MUSIC STREAMING SERVICE ON BLOCKCHAIN
 
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January 15, 2016, 03:34:21 PM
 #21106

I hold around 600k how much should i expect a day from harvesting?

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January 15, 2016, 03:51:55 PM
 #21107

I hold around 600k how much should i expect a day from harvesting?

depends on what kind of blocks you hit. you will hit a couple of blocks a day though.

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January 15, 2016, 03:59:16 PM
 #21108

So when is APEX exchange going online? because honestly I don't like the fact that XEM is tied in to the "mood swings' of bitcoin...

Coding is more or less complete but still needs to put them together as a system. Estimated to be 2 weeks. There after we will have internal tests. Estimated to be 3-4 weeks. Subsequently, we will invite a small group who will test it. Estimated to be 4 weeks.

This is the time frame. But as with all software projects, this is our estimated time frame and cannot be taken as a firm commitment.

For your info, this is a fiat/BTC/XEM/Mosaic exchange only. We are not interested in other alts at the moment.

Good to hear.  What types of fiat will the exchange accept?  What geographical area is its main focus?

With the recent cryptsy debacle (http://blog.cryptsy.com/) hopefully lots has been learned in running an exchange Smiley




NEM   NanoWallet   SuperNodes   Apostille   Landstead   Catapult   Mijin
▃▃▃▅▅▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▅▅▅▃▃▃
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January 15, 2016, 04:22:13 PM
 #21109

So when is APEX exchange going online? because honestly I don't like the fact that XEM is tied in to the "mood swings' of bitcoin...

Coding is more or less complete but still needs to put them together as a system. Estimated to be 2 weeks. There after we will have internal tests. Estimated to be 3-4 weeks. Subsequently, we will invite a small group who will test it. Estimated to be 4 weeks.

This is the time frame. But as with all software projects, this is our estimated time frame and cannot be taken as a firm commitment.

For your info, this is a fiat/BTC/XEM/Mosaic exchange only. We are not interested in other alts at the moment.

Thank you, still some time left to buy XEM I suppose  Tongue Smiley

N E M; no 1 blockchain platform in existence
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January 15, 2016, 04:57:05 PM
 #21110

XEM still low ?

BTC
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January 15, 2016, 05:57:27 PM
 #21111

Yes still low

If anyone want to buy now is good price

After some months
Will be too high
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January 15, 2016, 08:34:02 PM
 #21112

It depends not on the amount, but rather on the Importance value. I have nearly the same amount and I found some blocks with 1000+ NEM of fees.

I hold around 600k how much should i expect a day from harvesting?
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January 15, 2016, 08:49:41 PM
 #21113

Yes still low

If anyone want to buy now is good price

After some months
Will be too high

Yes good time to buy some for a node before it gets too high.

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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January 15, 2016, 09:21:15 PM
 #21114

NIS is synchronizing VERY slowly for me.  I'm running the new wallet.

Any advice?

NEM, LSK, STRAT
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January 15, 2016, 09:49:04 PM
 #21115

I get this error now when attempting to download the installer:

Quote
The site ahead contains harmful programs

Attackers on download.nem.io might attempt to trick you into installing programs that harm your browsing experience (for example, by changing your homepage or showing extra ads on sites you visit).

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January 15, 2016, 09:55:38 PM
 #21116

I get this error now when attempting to download the installer:

Quote
The site ahead contains harmful programs

Attackers on download.nem.io might attempt to trick you into installing programs that harm your browsing experience (for example, by changing your homepage or showing extra ads on sites you visit).

I concur getting warning from Chrome?
can someone look into this ...


NEM   NanoWallet   SuperNodes   Apostille   Landstead   Catapult   Mijin
▃▃▃▅▅▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▅▅▅▃▃▃
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January 16, 2016, 12:33:15 AM
 #21117

It depends not on the amount, but rather on the Importance value. I have nearly the same amount and I found some blocks with 1000+ NEM of fees.

I hold around 600k how much should i expect a day from harvesting?

how high is your importance?

How do I increase it?
I am not planning on spending my XEM i am holding long term.

https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
rockethead
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January 16, 2016, 12:40:39 AM
 #21118

I get this error now when attempting to download the installer:

Quote
The site ahead contains harmful programs

Attackers on download.nem.io might attempt to trick you into installing programs that harm your browsing experience (for example, by changing your homepage or showing extra ads on sites you visit).

I concur getting warning from Chrome?
can someone look into this ...



It is ok because you are dowloading an exe file and that our program is not validated as "safe". It can be trusted if you trust NEM. Smiley

MoozicoreWORLDS FIRST MUSIC STREAMING SERVICE ON BLOCKCHAIN
 
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rockethead
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January 16, 2016, 12:42:30 AM
 #21119

It depends not on the amount, but rather on the Importance value. I have nearly the same amount and I found some blocks with 1000+ NEM of fees.

I hold around 600k how much should i expect a day from harvesting?

how high is your importance?

How do I increase it?
I am not planning on spending my XEM i am holding long term.

Importance is a function of the amount you hold and the number of transactions you make, i.e., how active you are.

MoozicoreWORLDS FIRST MUSIC STREAMING SERVICE ON BLOCKCHAIN
 
   █████                     █████
  ███████                   ███████
  ███████                   ███████
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January 16, 2016, 03:12:34 AM
 #21120

It depends not on the amount, but rather on the Importance value. I have nearly the same amount and I found some blocks with 1000+ NEM of fees.

I hold around 600k how much should i expect a day from harvesting?

how high is your importance?

How do I increase it?
I am not planning on spending my XEM i am holding long term.

Importance is a function of the amount you hold and the number of transactions you make, i.e., how active you are.

Its easy function ? How its count ?

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