nzminer
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Activity: 1918
Merit: 1001
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February 24, 2017, 11:04:01 AM |
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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stereotype
Legendary
Offline
Activity: 1554
Merit: 1000
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February 24, 2017, 04:51:24 PM |
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Hey, leave those kids alone.
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jelin1984
Legendary
Offline
Activity: 2408
Merit: 1004
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February 25, 2017, 01:55:38 PM |
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greentea
Legendary
Offline
Activity: 1418
Merit: 1002
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February 25, 2017, 04:45:16 PM |
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Good read! More and more exposure for NEM ... "One advantage Tech Bureau and Hitachi has over its competitors in the global Blockchain market is that the Japanese government and its Ministry of Economy, Trade and Industry are in full support of Hitachi’s vision of utilizing Blockchain technology to optimize its point management solution."
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bizzyb
Legendary
Offline
Activity: 1652
Merit: 1001
Don't look at my signature!
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February 25, 2017, 05:22:28 PM |
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Dear XEM community we are accepting XEM on our Forex trading platform with 100% bonus on initial deposits https://muex.io/Forex
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░░░░░░░▄▄▄▄▄▄ ░░░░▄██████████▄ ░░░███▀░░░░░░▀███ ░░███░░░░░░░░░░███ ░███░░░░░██░░░░░███ ███░░░░░░██░░░░░░███ ███░░░░░░██░░░░░░███ ███░░░░░░█████░░░███ ███░░░░░░░░░░░░░░███ ░███░░░░░░░░░░░░███ ░░███░░░░░░░░░░███ ░░░███▄░░░░░░▄███ ░░░░▀██████████▀ ░░░░░░░▀▀▀▀▀▀
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February 25, 2017, 05:46:32 PM |
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R3 Admits Defeat, Stops Blockchain Development
R3CEV, the largest blockchain consortium of banks and technology firms includng multi-billion dollar institutions such as Barclays, Credit Suisse, Bank of America, Citibank and HSBC, officially admitted defeat and moved on from blockchain technology development.
Over the past two years, various consortia and bank-funded blockchain startups raised billions of dollars to utilize blockchain technology in optimizing the global financial network. The vast majority of developers of actual cryptographic and open source projects such as bitcoin and Monero have explicitly stated that the utilization of centralized blockchain networks isn’t efficient due to their severe security flaws.
More importantly, blockchain technology isn’t structured to handle millions of data sets and hundreds of millions of data points in real time. In fact, one limitation of bitcoin as a digital currency is its inability to facilitate massive amounts of transactions faster, like a settlement network to be critical. However, bitcoin users, companies and developers aren’t pushing for reckless developments on top of bitcoin to ensure appropriate security measures are maintained.
In a presentation about the R3 Corda, R3CEV engineers, developers and researchers stated “No ‘block chain’ because we don’t need one,” admitting that the utilization and implementation of blockchain doesn’t fit their vision and more importantly, technological compatibility.
The global financial industry, network and ecosystem are in urgent need of an overhaul of infrastructure and architecture. It is very difficult for anyone to facilitate payments efficiently through bank systems and regulated financial networks.
R3CEV still maintains a development team of high technological knowledge, foundation and experience. With its team of talented blockchain and bitcoin developers, the R3 consortium will be able to come up with a piece of software or financial network that could most likely drastically improve the global financial industry. However, blockchain technology isn’t what the consortium needs because it simply can’t be implemented into fully regulated markets without tampering with security measures of blockchain technology.
In the upcoming months, the R3 Corda and the R3 development team will allocate its resources in developing a platform that is compliant and compatible with industry-standard protocols such as AMQP, JDBC and PKIX, while sustaining a close relationship with regulators to avoid any potential regulatory conflicts.
Ever since its launch, the R3 consortium has emphasized the processing of massive volumes of data and maintenance of a transparent and immutable network of financial operations. It is certainly a smart decision to move on from blockchain technology which the consortium has failed to implement and commercialize in a large scale.
Peter Todd, Bitcoin Core developer and well renowned cryptographer, consistently criticized the efficiency of R3 Corda and the R3 Consortium’s other blockchain platforms. He described it as “bitcoin without blockchain.”
Now, the R3 Consortium and its developers can have the freedom to work on whichever software or technology they believe are most relevant in solving the global financial industry’s major problems.
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nzminer
Legendary
Offline
Activity: 1918
Merit: 1001
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February 25, 2017, 07:55:37 PM |
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R3 Admits Defeat, Stops Blockchain Development
R3CEV, the largest blockchain consortium of banks and technology firms includng multi-billion dollar institutions such as Barclays, Credit Suisse, Bank of America, Citibank and HSBC, officially admitted defeat and moved on from blockchain technology development.
Over the past two years, various consortia and bank-funded blockchain startups raised billions of dollars to utilize blockchain technology in optimizing the global financial network. The vast majority of developers of actual cryptographic and open source projects such as bitcoin and Monero have explicitly stated that the utilization of centralized blockchain networks isn’t efficient due to their severe security flaws.
More importantly, blockchain technology isn’t structured to handle millions of data sets and hundreds of millions of data points in real time. In fact, one limitation of bitcoin as a digital currency is its inability to facilitate massive amounts of transactions faster, like a settlement network to be critical. However, bitcoin users, companies and developers aren’t pushing for reckless developments on top of bitcoin to ensure appropriate security measures are maintained.
In a presentation about the R3 Corda, R3CEV engineers, developers and researchers stated “No ‘block chain’ because we don’t need one,” admitting that the utilization and implementation of blockchain doesn’t fit their vision and more importantly, technological compatibility.
The global financial industry, network and ecosystem are in urgent need of an overhaul of infrastructure and architecture. It is very difficult for anyone to facilitate payments efficiently through bank systems and regulated financial networks.
R3CEV still maintains a development team of high technological knowledge, foundation and experience. With its team of talented blockchain and bitcoin developers, the R3 consortium will be able to come up with a piece of software or financial network that could most likely drastically improve the global financial industry. However, blockchain technology isn’t what the consortium needs because it simply can’t be implemented into fully regulated markets without tampering with security measures of blockchain technology.
In the upcoming months, the R3 Corda and the R3 development team will allocate its resources in developing a platform that is compliant and compatible with industry-standard protocols such as AMQP, JDBC and PKIX, while sustaining a close relationship with regulators to avoid any potential regulatory conflicts.
Ever since its launch, the R3 consortium has emphasized the processing of massive volumes of data and maintenance of a transparent and immutable network of financial operations. It is certainly a smart decision to move on from blockchain technology which the consortium has failed to implement and commercialize in a large scale.
Peter Todd, Bitcoin Core developer and well renowned cryptographer, consistently criticized the efficiency of R3 Corda and the R3 Consortium’s other blockchain platforms. He described it as “bitcoin without blockchain.”
Now, the R3 Consortium and its developers can have the freedom to work on whichever software or technology they believe are most relevant in solving the global financial industry’s major problems.
All that time and $$$ wasted when they simply could have looked to NEM or Mijin!
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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AntiNoise
Member
Offline
Activity: 143
Merit: 12
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February 25, 2017, 08:24:39 PM |
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R3 Admits Defeat, Stops Blockchain Development
R3CEV, the largest blockchain consortium of banks and technology firms includng multi-billion dollar institutions such as Barclays, Credit Suisse, Bank of America, Citibank and HSBC, officially admitted defeat and moved on from blockchain technology development.
Over the past two years, various consortia and bank-funded blockchain startups raised billions of dollars to utilize blockchain technology in optimizing the global financial network. The vast majority of developers of actual cryptographic and open source projects such as bitcoin and Monero have explicitly stated that the utilization of centralized blockchain networks isn’t efficient due to their severe security flaws.
More importantly, blockchain technology isn’t structured to handle millions of data sets and hundreds of millions of data points in real time. In fact, one limitation of bitcoin as a digital currency is its inability to facilitate massive amounts of transactions faster, like a settlement network to be critical. However, bitcoin users, companies and developers aren’t pushing for reckless developments on top of bitcoin to ensure appropriate security measures are maintained.
In a presentation about the R3 Corda, R3CEV engineers, developers and researchers stated “No ‘block chain’ because we don’t need one,” admitting that the utilization and implementation of blockchain doesn’t fit their vision and more importantly, technological compatibility.
The global financial industry, network and ecosystem are in urgent need of an overhaul of infrastructure and architecture. It is very difficult for anyone to facilitate payments efficiently through bank systems and regulated financial networks.
R3CEV still maintains a development team of high technological knowledge, foundation and experience. With its team of talented blockchain and bitcoin developers, the R3 consortium will be able to come up with a piece of software or financial network that could most likely drastically improve the global financial industry. However, blockchain technology isn’t what the consortium needs because it simply can’t be implemented into fully regulated markets without tampering with security measures of blockchain technology.
In the upcoming months, the R3 Corda and the R3 development team will allocate its resources in developing a platform that is compliant and compatible with industry-standard protocols such as AMQP, JDBC and PKIX, while sustaining a close relationship with regulators to avoid any potential regulatory conflicts.
Ever since its launch, the R3 consortium has emphasized the processing of massive volumes of data and maintenance of a transparent and immutable network of financial operations. It is certainly a smart decision to move on from blockchain technology which the consortium has failed to implement and commercialize in a large scale.
Peter Todd, Bitcoin Core developer and well renowned cryptographer, consistently criticized the efficiency of R3 Corda and the R3 Consortium’s other blockchain platforms. He described it as “bitcoin without blockchain.”
Now, the R3 Consortium and its developers can have the freedom to work on whichever software or technology they believe are most relevant in solving the global financial industry’s major problems.
All that time and $$$ wasted when they simply could have looked to NEM or Mijin! Corporate policy (banks, states ...) and feelings .... money does not matter sometimes ... There are probably just new money printed......
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kauppalahti
Full Member
Offline
Activity: 235
Merit: 110
HAVUJA PERKELE!
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February 25, 2017, 08:34:12 PM |
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Dear XEM community we are accepting XEM on our Forex trading platform with 100% bonus on initial deposits https://muex.io/ForexNice to hear Bizzyb!
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nzminer
Legendary
Offline
Activity: 1918
Merit: 1001
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February 25, 2017, 08:45:48 PM |
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Good read! More and more exposure for NEM ... "One advantage Tech Bureau and Hitachi has over its competitors in the global Blockchain market is that the Japanese government and its Ministry of Economy, Trade and Industry are in full support of Hitachi’s vision of utilizing Blockchain technology to optimize its point management solution."This is BIG news!
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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andron8383
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February 25, 2017, 09:23:59 PM |
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Good to see such big corporations choosing NEM type of block chain to work with. Add to al cross chain technology and NEM will be very good project even for ulizing it NETwork for security reasons. They can storage some sensitive data in public leger where noone can delete it or change. I like that NEM approach to block chain is unique not trying follow ETH smart contracts path. From investors perspective NEM is quite good long therm project. If more companies will chose mijin over other systems it will be good attention to NEM ecosystem. With some tweaks and managing cros chain technology it can be very usefull for most applications.
Today when i see those tests with 1000+ tx/s and same time BTC goes arround 3tx/s, i see that some change will accrue. BTC need reforms while NEM have those solutions : )
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pinkman12345
Legendary
Offline
Activity: 1070
Merit: 1021
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February 25, 2017, 11:18:00 PM |
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Any news on catapult release date yet??
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Johnny00
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February 26, 2017, 02:14:37 AM |
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Good read! More and more exposure for NEM ... "One advantage Tech Bureau and Hitachi has over its competitors in the global Blockchain market is that the Japanese government and its Ministry of Economy, Trade and Industry are in full support of Hitachi’s vision of utilizing Blockchain technology to optimize its point management solution."This is BIG news! With all this good news happening it doesn't seem to have any effect on the the price of tokens. If Mijin is using NEM technology who is profiting?
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gsxrl3oi
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February 26, 2017, 07:05:12 AM |
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Good read! More and more exposure for NEM ... "One advantage Tech Bureau and Hitachi has over its competitors in the global Blockchain market is that the Japanese government and its Ministry of Economy, Trade and Industry are in full support of Hitachi’s vision of utilizing Blockchain technology to optimize its point management solution."This is BIG news! With all this good news happening it doesn't seem to have any effect on the the price of tokens. If Mijin is using NEM technology who is profiting? This is what I've been wondering myself. All the good news but nothing that affects the price at all. Tho I am not asking who's profiting. But even with all these good news doesn't help the price to move. I think DEVS seriously need to invest in good advertising.
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BitcoinDood
Newbie
Offline
Activity: 59
Merit: 0
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February 26, 2017, 08:01:22 AM |
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Good read! More and more exposure for NEM ... "One advantage Tech Bureau and Hitachi has over its competitors in the global Blockchain market is that the Japanese government and its Ministry of Economy, Trade and Industry are in full support of Hitachi’s vision of utilizing Blockchain technology to optimize its point management solution."This is BIG news! With all this good news happening it doesn't seem to have any effect on the the price of tokens. If Mijin is using NEM technology who is profiting? This is what I've been wondering myself. All the good news but nothing that affects the price at all. Tho I am not asking who's profiting. But even with all these good news doesn't help the price to move. I think DEVS seriously need to invest in good advertising. Enjoying the cheap coins Look at it as a good opportunity to slowly build a nice position. Rome wasn't built in a day.
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AntiNoise
Member
Offline
Activity: 143
Merit: 12
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February 26, 2017, 09:46:12 AM |
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tolikkk
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February 26, 2017, 10:01:05 AM |
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TaunSew
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February 26, 2017, 10:41:25 AM |
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Good read! More and more exposure for NEM ... "One advantage Tech Bureau and Hitachi has over its competitors in the global Blockchain market is that the Japanese government and its Ministry of Economy, Trade and Industry are in full support of Hitachi’s vision of utilizing Blockchain technology to optimize its point management solution."This is BIG news! With all this good news happening it doesn't seem to have any effect on the the price of tokens. If Mijin is using NEM technology who is profiting? This is what I've been wondering myself. All the good news but nothing that affects the price at all. Tho I am not asking who's profiting. But even with all these good news doesn't help the price to move. I think DEVS seriously need to invest in good advertising. Enjoying the cheap coins Look at it as a good opportunity to slowly build a nice position. Rome wasn't built in a day. NEM did 2400% in 2016 and already up 200% in 2017. It can't go up everyday or it will be $10 XEM by June.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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