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

[nzminer]

Is anywhere any discussion or plans to change amount needed to be supernode? Does it make for me to buy 3 mils to run supernode, if in near future should required amount drop?

aim for the 3 million
if at all the network need high performance nodes able support mobike wallets
so requirement checks can go harder not easyer

i guess mostly on the tech part

if the network gets 300 high performance nodes on top of the normal nodes thats enought

and we have nearly 300 supernodes already why access should made more easy

when gather 3 million is in fact a healthy generation of buy pressure

Rather than changing SN minimum Amount, I´d prefer to lower the transaction fees. I paid 1,5 $ Yesterday for a NEM transaction. Thats much much more I would have paid for a similar Bank transfer here in Germany.

Yes. Fees are not humane now. If we want XEM $0.1 or higher, then fees have to be lowered.
Imagine:
XEM = $1 and you want to pay 1 XEM for something. Fee in this transaction suddenly 9!!! XEM 
If you pay 8 XEM - fee = 2 XEM. It's 25% of payment.
As we can see - XEM is NOT available for micropayments!
It's a pity! And developers must do something with it, if we and they want XEM to the moon!

In all fairness, the price jump has been so high that the fees are still that when we launched, im sure they will adjust them very soon

[jor77]

Yes. Fees are not humane now. If we want XEM $0.1 or higher, then fees have to be lowered.
Imagine:
XEM = $1 and you want to pay 1 XEM for something. Fee in this transaction suddenly 9!!! XEM 
If you pay 8 XEM - fee = 2 XEM. It's 25% of payment.
As we can see - XEM is NOT available for micropayments!
It's a pity! And developers must do something with it, if we and they want XEM to the moon!

In all fairness, the price jump has been so high that the fees are still that when we launched, im sure they will adjust them very soon

Did they think about it? What developers could say about this?

[LiskQH]

Explain to me how XEM cost can reach $ 1 , if the developers - a formula laid morons Commission :


This means that in case of transfer to pay just such a commission:

Translate XEM 1 - 9 Commission XEM or 900% of the amount transferred
Translate XEM 2 - Commission 8 XEM or 400% of the amount transferred
Translate 3 XEM - Commission 7 XEM or 233% of the amount transferred
Translate 4 XEM - Commission 6 XEM or 150% of the amount transferred
Translate 5 XEM - Commission 5 XEM or 100% of the amount transferred
Translate 6 XEM - Commission 4 XEM or 67% of the transfer amount
Translate 7 XEM - Commission XEM 3 or 43% of the transfer amount
Translate XEM 8 - Commission XEM 2 or 25% of the transfer amount
.......
and only when the amount of the transfer fee is 200 XEM tolerable 1%

So all sorts of boxes, small businesses and the general online trading becomes impossible due to inadequate fees for transfer of coins. To enable accounting XEM $ 0.01 coin in principle can not be more than 1 / $ 100 or the current exchange rate of 1 / (100 * BTC) or ~ 0.00001545 MTC.
This is a logical ceiling price of one coin of the inadequacy of the formula determining the commission! But then XEM capitalization will total $ 90 million, but this is not enough to conquer the world.
So that everything would be fine, if not a large!!!!

[LiskQH]

Probably one of the holders feared or purposefully removed cream. Now, without any important news is unlikely that trading volumes have increased. In many bins of lemons Boys oh boys, it makes no sense to drive the price. In addition, during these plums stopped working access to RichList. "coincidence? I do not think ..."
Unharmonized job holders who would kill themselves and NEM. Aims at them different. If someone has supported the idea, while others have deep @ host, their goal quickly cut the dough and roam to a new object.

P.S. It is not clear why it is not foreseen creators NEM?
We can analyze the situation.
Suppose there are about 300 primary holders of coins that financed development. But we clearly see that the active node in a network of 107 + -10. It is foolish to believe that the enthusiast finance the development is not able to establish and maintain a node, which also affects the reliability of the network. Considering that the holders of the GCD can be NEderzhateli starting coins is obtained that only <30% of the so-called HOLDERS really support this coin. The rest of> 70% likely to merge them in any suitable time. Calculate how much it billions of coins? Still there is another explanation - the original holders of coins somewhere 100 people max! What can testify to the initial deception and will also alienate the audience.
Why did it happen so? This is a big miscalculation NEM creators. There is no incentive to fund the establishment in coins continued support network. What is the point, if easier to cut down its profit X10-X1000 in the short term on the pampas and after financing with the same purpose has other projects.
I, as a user coins do not care who cuts the transfer fee, I need the stability of the network and a stable exchange rate is desirable in relation to fiat money. This is partly solved by the direct exchange pairs at Fiat, but did not provide incentives NEM coin holders do not pour your coins heaping thus pushing the market and investors and users.

[nzminer]

I wouldnt worry about the fees, its quite obvious they will have to decrease them, they often adjust the fees with BTC also for this very reason.

There may be some way to dynamically change the fees automatically if the value increases, but we still have to somehow calculate the fees based on the USD or some other fiat value, otherwise we would have nothing as a reference.

The idea is when the maximum marketcap is reached, you would not have to worry about this, or at least they would not need frequent adjusting.

[gimre]

(first paragraph)

I have not a slightest idea what you're trying to say.

But we clearly see that the active node in a network of 107 + -10.

Not sure where you're taking your data from, but there are already over 160 supernodes (and supernodes are not ALL the nodes in the network, as there are some nodes that are not public).

(another longparagraph with some illuminati stuff)

I, as a user coins do not care who cuts the transfer fee, I need the stability of the network and a stable exchange rate is desirable in relation to fiat money. This is partly solved by the direct exchange pairs at Fiat

we have two fiat pairs: xem/CNY and xem/JPY

[jelin1984]

Why Japan f.. So much

[kattokassinen]

Wow, NEM really is aiming higher than any other crypto.

http://blog.nem.io/a-major-announcement/

[Espo]

Yes thats an Idea. But I thing that the code should be independent from other currencys.
The Fees are used to finance the nodes. Is it possible that the fees are periodicle adjusted by the avarage of "transactions per day"?

I wouldnt worry about the fees, its quite obvious they will have to decrease them, they often adjust the fees with BTC also for this very reason.

There may be some way to dynamically change the fees automatically if the value increases, but we still have to somehow calculate the fees based on the USD or some other fiat value, otherwise we would have nothing as a reference.

The idea is when the maximum marketcap is reached, you would not have to worry about this, or at least they would not need frequent adjusting.

[4emily]

Wow, NEM really is aiming higher than any other crypto.

http://blog.nem.io/a-major-announcement/

Tweeted 

'How cryptocurrency will go mainstream. NEM's grand vision unveiled'

https://twitter.com/jeveuxdire/status/751065695392239617

[tolikkk]

Wow, NEM really is aiming higher than any other crypto.

http://blog.nem.io/a-major-announcement/

Tweeted 

'How cryptocurrency will go mainstream. NEM's grand vision unveiled'

https://twitter.com/jeveuxdire/status/751065695392239617

is that means that Nem stop the development towards a financial system with smart contracts and making the slope on a toy for a school program?

such forms with training programs already have, I think, that this is not the best option

[Tehfiend]

Wow, NEM really is aiming higher than any other crypto.

http://blog.nem.io/a-major-announcement/

Tweeted 

'How cryptocurrency will go mainstream. NEM's grand vision unveiled'

https://twitter.com/jeveuxdire/status/751065695392239617

Some good stuff in here but it does not appear to be professionally written/edited. There are misspelled words (publicised???), formatting issues, and the writing sounds slightly amateur in my opinion. This needs to be polished ASAP because it does not reflect well on the project and might even be partly responsible for the recent sell off. Does anybody know who wrote this or who was responsible for publishing it?

[gentlemand]

Publicise is a refined spelling by gentlemen around town. Only unspeakably coarse people use that 'z' filth.

[Tehfiend]

Publicise is a refined spelling by gentlemen around town. Only unspeakably coarse people use that 'z' filth.

TIL there is an alternate spelling to publicize O:)

/ignornantamerican

I still feel this could have used a lot more polish before being published. The content is great but the the writing and formatting leaves something to be desired...

[gentlemand]

Yeah. It could use a little punching up. And when I read it on mobile the 't's are doing a very strange curling thing.

[cryptonikus]

So they gonna set up some kind of insitution for PR?

[nickelback65]

So can I have my computer fully shutdown and it will still harvest? when using delegated harvasting. let me know please. thanks in advance.

Yes if you use delegated harvesting on another computer you can shut down your computer.

This is a tricky answer. lol
So what if I'm only using 1 computer..
Because you said "If I use delegated harvesting on ANOTHER computer" you mean who ever picked up my delegated harvesting for me? sorry just a little confused.

When you´re using delegated harvesting, the Supernodes do the harvesting for you. So your Computer must not run.

So I recently converted to delegated harvesting on my PC.  In order to harvest XEM, I activate delegated harvesting, close my wallet and shut down my computer.  I cannot
use my computer, for example the internet, and do delegated harvesting at the same time.  Is this correct?  This could be better explained on the main NEM page under "How
to use Delegated Harvesting."  Thanks in advance.

[jelin1984]

Why Japan f.... XEM???

[XbladeX]

...

At end any tranfer fee can be adjusted to responsible lvl along with price, fee is smalest problem i think.
On another chains they were testing 15s blocks with 100tx/s with succes if network will need more it can be more.
Now we are not facing such problem more transaction sre not required and faster blocks i think later with network growth
many can be adjusted. Parameters are not set once forever.

Why Japan f.... XEM???

As far i know Japan is not so crpto oriented society as China, so it will take time to adopt and be used widely.
1st some platform have to be secure and prooven next it go higher lvl.

[mastertrader777]

Hello NEM - XEM Community,

Wanted to pass by and let you know that XEM Apparel has just been added to www.CryptosCloset.com

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NEM - XEM apparel is now available for purchase with Crypto Currencies via Coinpayments.com shopping cart pluggin and Paypal/Credit Card!

Some other community members are ordering and liking the quality of service!

Shots of (Phil) /u/weekapaughead 's Father rocking the Ethereum Shirt!

https://i.imgur.com/Sma0OTY.jpg

https://i.imgur.com/ma7TIPP.jpg

Sent it Express Delivery so he would get it 1 day before Fathers Day!

Picture of Phil receiving the shirt for his Father!

https://i.imgur.com/uBIcb6S.jpg

Full album of pics here.

http://imgur.com/a/aFs1k

FULL REVIEW HERE:

http://np.reddit.com/r/ethtrader/comments/4ov4nm/got_my_new_shirt_order_from_cryptosclosetcom

Cheers,

Rich

www.CryptosCloset.com