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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2984060 times)
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jabo38
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mining is so 2012-2013


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April 19, 2016, 02:02:24 PM
 #23161



"Takao Asayama, CEO of Tech Bureau Corp, explained that distributed ledger technology when correctly applied can “transform the revenue model of the banks”. Asayama also said that the system used in the trial could handle “4-digit transactions per second while geographically dispersed” and that further improvements are currently being worked on."

Wow! 4 digits per second on separated nodes.  That isn't a lab intranet.  That is getting close to 100,000,000 transactions per day if not over.  SETL claimed 1 billion which is by far the most I have heard, but exact details and conditions of tests weren't given, nor was it mentioned if third parties were testing at that rate.  

To put it in comparison, Visa also does 4 digits per second.  Maybe a peak of 4000 per second at a busy time on a busy day. 

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April 19, 2016, 02:55:59 PM
 #23162

Xem solid as rock
And soon at top 3
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April 19, 2016, 03:14:54 PM
 #23163



"Takao Asayama, CEO of Tech Bureau Corp, explained that distributed ledger technology when correctly applied can “transform the revenue model of the banks”. Asayama also said that the system used in the trial could handle “4-digit transactions per second while geographically dispersed” and that further improvements are currently being worked on."

Wow! 4 digits per second on separated nodes.  That isn't a lab intranet.  That is getting close to 100,000,000 transactions per day if not over.  SETL claimed 1 billion which is by far the most I have heard, but exact details and conditions of tests weren't given, nor was it mentioned if third parties were testing at that rate.  

To put it in comparison, Visa also does 4 digits per second.  Maybe a peak of 4000 per second at a busy time on a busy day. 


So this is about SBI tests ? Those used AWS if I recall correctly so that certainly isn't lab internet...
>1k TPS throughput is actually not bad  Grin
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April 19, 2016, 03:21:26 PM
 #23164

Xem solid as rock
And soon at top 3

Soon top 3

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April 19, 2016, 03:44:26 PM
 #23165



"Takao Asayama, CEO of Tech Bureau Corp, explained that distributed ledger technology when correctly applied can “transform the revenue model of the banks”. Asayama also said that the system used in the trial could handle “4-digit transactions per second while geographically dispersed” and that further improvements are currently being worked on."

Wow! 4 digits per second on separated nodes.  That isn't a lab intranet.  That is getting close to 100,000,000 transactions per day if not over.  SETL claimed 1 billion which is by far the most I have heard, but exact details and conditions of tests weren't given, nor was it mentioned if third parties were testing at that rate.  

To put it in comparison, Visa also does 4 digits per second.  Maybe a peak of 4000 per second at a busy time on a busy day. 


So this is about SBI tests ? Those used AWS if I recall correctly so that certainly isn't lab internet...
>1k TPS throughput is actually not bad  Grin

Asayamasan will have to speak to that directly but I know there were more tests than just SBI, and that the tests were on geographically separated nodes in more than one city, so definitely not a lab.

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April 19, 2016, 04:38:47 PM
 #23166

Go xem go
Go solid to the top


A believe so much
Until now I did not sell any xem
Go to the top xem
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April 19, 2016, 06:41:03 PM
 #23167

all this amazing news but yet still <380 sats..... what is life?  Cheesy inkling of a feeling that wont last though. Smiley
i guess there will be a ninja rise. seems legit. Cheesy
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April 19, 2016, 07:04:48 PM
 #23168

all this amazing news but yet still <380 sats..... what is life?  Cheesy inkling of a feeling that wont last though. Smiley
i guess there will be a ninja rise. seems legit. Cheesy
Buy now or not?Huh Still have 600K NEM bought at 330ish. I just sold my other 400K to recoup my slight loss from other alt-coin trading.

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April 19, 2016, 07:35:59 PM
 #23169

Its funny to compare NEM and NXT now. Once upon a time the prevailing wisdom was that NEM was a poor man's NXT.



                                                                    ▄▄▄▄▄▄▄▄▄
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teletobi
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April 19, 2016, 08:06:15 PM
 #23170

Xem solid as rock
And soon at top 3

Soon top 3

Yes, solid as Rock, but I prefer a stable and smooth Way up. Rocks just move fast down, not up.

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April 19, 2016, 08:07:51 PM
 #23171

Its funny to compare NEM and NXT now. Once upon a time the prevailing wisdom was that NEM was a poor man's NXT.

Yes, i remember that. NXT is gold and NEM is silver. Times change and
you have to change with it. Do or die.
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April 19, 2016, 08:28:48 PM
 #23172

How will NEM profit from Mijin and Dragonfly?

Right now these two companies are promoting their 'own' version of NEM.
But who is going to market NEM to companies so they can use it?

What is the long term planning/mission of NEM? Why should a company choose NEM when they can choose a private ledger like Mijin or Dragonfly?

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April 19, 2016, 08:30:05 PM
 #23173

I remember when i was having 2 mil of XEM and dumped on polo @45 satoshi  Cry  Cry  Cry
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April 19, 2016, 08:31:18 PM
 #23174

Don't know if current price 370 sat is a good buy or not?
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NEM ....best currency distribution ever ...!!!!!!!


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April 19, 2016, 08:39:33 PM
 #23175

Don't know if current price 370 sat is a good buy or not?

of course it is.......!!!!!! Smiley  given time XEM will be a hundred times present value

NDZ4YPCKVKWAIIZBB5T7T5EL67N2XWPQODGGWIYT
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April 19, 2016, 09:54:05 PM
 #23176

Don't know if current price 370 sat is a good buy or not?

of course it is.......!!!!!! Smiley  given time XEM will be a hundred times present value

NEM's days are numbered below 400 sats!

Never too late to buy.
Things are really only just starting to heat up.  Grin

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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April 19, 2016, 11:11:23 PM
 #23177

The success of DF and Infoteria and Mijin is a success for NEM

Smiley

goodluck everyone!

Go Bitcoin !!!!!!!!!!!
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April 20, 2016, 12:03:49 AM
 #23178

Don't know if current price 370 sat is a good buy or not?

of course it is.......!!!!!! Smiley  given time XEM will be a hundred times present value

NEM's days are numbered below 400 sats!

Never too late to buy.
Things are really only just starting to heat up.  Grin

for sure!!! guaranteed Smiley


Go Bitcoin !!!!!!!!!!!
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April 20, 2016, 01:34:33 AM
 #23179

XEm is going on a mini run.
n3lz0n
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April 20, 2016, 01:43:58 AM
 #23180

XEm is going on a mini run.


run!!!!!

oh wait...don't I need to buy em cheap coinz!!!!

end of this year my guess is..1000SATS Smiley

Go Bitcoin !!!!!!!!!!!
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