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

[franc0]

Can any one set out the differences / advantages disadvantaged of NEM vs DASH

 BTC can handle only around 3-4TPS, DASH can do about 200, XEM can handle thousands

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[XbladeX]

Can any one set out the differences / advantages disadvantaged of NEM vs DASH

Dash dev have for him self from istamine like 11% of all DRK/Dash
NEM devs controls Devfund but with multi signatures so this is not in hand of one guy.
***
Dash have inflation while NEM have fixed supply.
NEM masternodes get NEM from masternode fund that is aim to work over 3years then network should support master nodes itself.
Dash have masternodes that will all time generate DASH.
Dssh mix coins to get privacy NEM doesnt try to do it NEM aims into blockchaintechnology more than dark market.
Dash want to be daily currency while NEM is aiming to be interesting blockchain with easy API for companies/developers.
Dash is heavily pumped right now becose many big big bitcoiner hooped on Dash while NEM rise more slowly.
Dash have its main dev king Evan while Nem have few core devs that controls NEM dev fund.
Dash with tax peole for development NEM taxed at begining and creatind some special fund for that.
Dash to mine or own supernode you have to use your prive key while in NEM have special "remote" key - NEM wins
In sumary :
Dash is aiming into mass usage coin daily currency while NEM is aim to be business blockchain those are 2 different directions.
Dash masternode will last forever and pay Dash while NEM masternode to live need NEM to be used widely.
Nem is less hyped than Dash, Nem devs don't give a fuck to marketing right now
Nem at point of creation had some rules , was annouced and realease while Dash have shady instamine part.

If you look for tech NEM is better , if you look for hype and incoming pumps Dash is way to go IMO, at least before Dash evolution.

PS: I like NEM more than DASH just because devs were fair from day 0 they didn't do any shit to community, while Dash to often changes rules.

Can any one set out the differences / advantages disadvantaged of NEM vs DASH

 BTC can handle only around 3-4TPS, DASH can do about 200, XEM can handle thousands

If BTC Devs will go in sidechain solution they wil can move allso many tx/s.
They don't want put to much on main chain becouse it have already 100GB.
IF you will have 1000tx/s in any blockchain it will lead to block size like 100GB in few weeks and 1 big data center needed for IT.

[n3lz0n]

Join our official Telegram to speak with the rest of the community.
See you there! (as of 15-3-2017)


NEM Red (553 members)
https://t.me/nemred


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https://t.me/joinchat/AAAAAAryDRwiGJBzHvVK7Q

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https://t.me/joinchat/AAAAAAvm7uTODMLyQsisMA

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https://t.me/NEMgreece

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http://nem.my/join_telegramgroup_german

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https://t.me/joinchat/AAAAAAlXNoO17BMBcoQaPA

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https://t.me/joinchat/AAAAAAruwfvosWmh0C2kFA

NEM Japan Community (190members)
https://t.me/nemjapan

NEMberia (Price speculation room)
https://t.me/nemberia

[NEMergizer]

As much as I'd like to applaud this new rise of NEM, I simply can't because it is artificial.

P&Ds have found NEM and it is being propped up on a false wall set up if you look at the exchanges (ahem, Poloniex).

This can be devastating for a coin when new people start discovering it and buying into these artificial highs creating future trust issues, we're not here for a short sighted profit. A lot of us are here to see NEM rise above all and find real utility in the real world.

Just a small observation because past times these walls were not set up, and now one appeared blocking a lot of otherwise naturally occuring trades.

Being critical of all coins, even the ones we are vested in is good for the growth of Bitcoin and all others alike.

I would like to see a natural rise of NEM built on a foundation made of marble and concrete, not a foundation of popsicle sticks.

I think ours has been very slow when you compare to the likes of DASH and ETH.
Those are too far high a rise for my liking and would consider those to be pumps, and any that bought in at that time will get burnt.

I dont see our new low being any less than $100 million for the time being.

If anything we are seriously undervalued so should be sitting at least $300 million right now.

I understand what everyone is saying, but how can it be undervalued if the adoption is not there yet? These pumps help some, but it ends up hurting in the long term because it turns off fresh investors who are researching crypto coins.

Before NEM can reach it's true value, it needs mass adoption which it is doing slowly and steady. I have even talked to some people in the computer science field who have heard of BTC but have no idea how it works. These are people who should know more than anyone about this tech, yet they are not well informed.

Best is NEM to rise slowly above all other cryptos and show it's true value, most of us already know where the true value is. It's just not the right time yet, NEM will have it's day and it will be good for all.

A house built on a good foundation will not be easy to take down.

We need more services, online stores, online gaming to accept XEM. We all know where the real value is. NEM is far beyond all other block chaining technologies, it is yet to be used by end users on daily bases. We are about to get there, few online stores started to accept XEM, one gaming company started adapting NEM tech, this is where NEM needs more development. It is happening but slowly and steady as you've pointed out.

[jubalix]

ok thanks sounds good

one thing though

"Dash masternode will last forever and pay Dash while NEM masternode to live need NEM to be used widely"

wouldn't a master node that last for ever be better as it allows people to hang in there during down turns in usage

[nzminer]

ok thanks sounds good

one thing though

"Dash masternode will last forever and pay Dash while NEM masternode to live need NEM to be used widely"

wouldn't a master node that last for ever be better as it allows people to hang in there during down turns in usage

Please dont tell me that is quoted from Evan! lol

Looks like your quote is from some DASH fanboy.

There is no such thing as a NEM masternode, and if he/she is referring to a supernode, well there is not alot of difference is there? lol
Both types of nodes have to hold an amount of the currency, DASH masternodes being 1000 DASH, and for a NEM supernode, 3Mil XEM.

Dont know what they are even trying to get at! lol

[jelin1984]

1000 Dash to run a masternode.
ROI currently 9.12 % on annual base.

* VPS server costs excluded.
* ROI is scheduled to diminish over time as Dash has an annual 7.1% cut on its block rewards (we just had such a 7% cut on our block rewards very recentely)

Masternodes gets currently 1.8 Dash paid from the blockchain approx every 7 days (same for miners)

If a masternode is very lucky it can get 2x 1.8 Dash (we call that winning the lottery) and if a masternode is very unlucky it
skips a payment. Both are very rare occassions


at dash master nodes win earn much much more than xem

so dev at xem must gives to supernodes more xem

we have the same amount from september half a year and more
is not fairrrrrrrr

dev must increased the amount of  xem per day per supernodes

[solix]

Can any one set out the differences / advantages disadvantaged of NEM vs DASH

 BTC can handle only around 3-4TPS, DASH can do about 200, XEM can handle thousands

Careful there The private chain (Mijin) is ~ 4000 TPS currently with beta Catapult tests. The current public chain is hard capped at around 5 TPS or something I think but is theoretically capable of 15 or so but would need to be unlocked with a hard fork. Once catapult arrives, there should be some sort of measured increase in performance in the public network work once some of those features are folded in.

[nzminer]

Can any one set out the differences / advantages disadvantaged of NEM vs DASH

 BTC can handle only around 3-4TPS, DASH can do about 200, XEM can handle thousands

Careful there The private chain (Mijin) is ~ 4000 TPS currently with beta Catapult tests. The current public chain is hard capped at around 5 TPS or something I think but is theoretically capable of 15 or so but would need to be unlocked with a hard fork. Once catapult arrives, there should be some sort of measured increase in performance in the public network work once some of those features are folded in.

My question is if Mijin is based in NEM design, then is there any reason why NEM cant achieve speeds close to Mijin either?

[Scrotum]

Is there a tutorial on setting up a supernode?

[greentea]

Is there a tutorial on setting up a supernode?

Heres a great tutorial on the forum:
https://forum.nem.io/t/nem-supernode-command-line-tutorial-for-debian-8-4/2211/69

[jabo38]

I'd like to have the ability to import a private key into the NEM mobile wallet. It would be cool to use my mobile wallet to check my main wallet balance sometimes, and be able to send XEM out from that address.

thanks for posting that

[jabo38]

Can any one set out the differences / advantages disadvantaged of NEM vs DASH

Dash dev have for him self from istamine like 11% of all DRK/Dash
NEM devs controls Devfund but with multi signatures so this is not in hand of one guy.
***
Dash have inflation while NEM have fixed supply.
NEM masternodes get NEM from masternode fund that is aim to work over 3years then network should support master nodes itself.
Dash have masternodes that will all time generate DASH.
Dssh mix coins to get privacy NEM doesnt try to do it NEM aims into blockchaintechnology more than dark market.
Dash want to be daily currency while NEM is aiming to be interesting blockchain with easy API for companies/developers.
Dash is heavily pumped right now becose many big big bitcoiner hooped on Dash while NEM rise more slowly.
Dash have its main dev king Evan while Nem have few core devs that controls NEM dev fund.
Dash with tax peole for development NEM taxed at begining and creatind some special fund for that.
Dash to mine or own supernode you have to use your prive key while in NEM have special "remote" key - NEM wins
In sumary :
Dash is aiming into mass usage coin daily currency while NEM is aim to be business blockchain those are 2 different directions.
Dash masternode will last forever and pay Dash while NEM masternode to live need NEM to be used widely.
Nem is less hyped than Dash, Nem devs don't give a fuck to marketing right now
Nem at point of creation had some rules , was annouced and realease while Dash have shady instamine part.

If you look for tech NEM is better , if you look for hype and incoming pumps Dash is way to go IMO, at least before Dash evolution.

PS: I like NEM more than DASH just because devs were fair from day 0 they didn't do any shit to community, while Dash to often changes rules.

Can any one set out the differences / advantages disadvantaged of NEM vs DASH

 BTC can handle only around 3-4TPS, DASH can do about 200, XEM can handle thousands

If BTC Devs will go in sidechain solution they wil can move allso many tx/s.
They don't want put to much on main chain becouse it have already 100GB.
IF you will have 1000tx/s in any blockchain it will lead to block size like 100GB in few weeks and 1 big data center needed for IT.

DASH is the best POW coin.  NEM is the best non-POW coin.  There are probably some very good use cases for both.

[XbladeX]

***
DASH is the best POW coin.  NEM is the best non-POW coin.  There are probably some very good use cases for both.

Dash is mix of POW/POS now. POS part in masternode part with voting and stuff like that.

1000 Dash to run a masternode.
ROI currently 9.12 % on annual base.

* VPS server costs excluded.
* ROI is scheduled to diminish over time as Dash has an annual 7.1% cut on its block rewards (we just had such a 7% cut on our block rewards very recentely)
***

NEM have fixed supply in order NEM masternodes to shine NEM have to be wide used then fees will cover operation costs and this is fair, you want earn you need make NEM big and widely used. While Dash want be currency then want be more like system/data transfer.

To be honest masternodes have some myths you need to know that at some point masternods with 9% ROI is BS.
Try today be a sucker and buy for your "BTC" "NEM" Dash masternode : ) . Once those masternodes will stop increasing and will , they will pay less an less over time if price wont rise with nodes all system collapse and you will see not dumpig like 1 Dash but with 1000 Dash at once.For me price of dash is hyped a lot but time will come to rebalance it/correction like it was with NEM and jump to 2800 sat .


Nem is flexible if will be widely used you will get allways NEM from transactions, but it need to be used.
This is POI so you have to USE your nem to have bigger POI ... More you use NEM more you earn.

Good luck for all Dash users.

[Arvydas77]

Some off-topic but very important news connected with blockchain development.

Now Gmail app on Android allows you to send money to any Gmail user in seconds, for free, directly into their bank account.
How any blockchain can survive after this? Money now are going like email.  Google has a big user base, so they have many advantages. They don't need to waste money to attract the new users to use their service.



https://www.neowin.net/news/gmail-on-android-now-lets-you-send-and-request-money---and-doing-so-is-completely-free

[XbladeX]

***

Man i was talking 1000x that bank gives for "free":
-chargebacks
-phonepayments
-wireless CC , debitcards
-loans
-user don't lose cash making transactions using BTC you lose allways like %3 on exchange
That cost you privacy but look who cares look  how many people use facebook, twitter, youtube, google

PS: With PayPal you could send money to email for years…

With crypto you can do some things that allow you bypass government restrictions:
-pay illegal stuff
-tax dogging
-give people money and they don't pay income tax (in my country they should pay like 22% tax)
-give money to WikiLeaks ( try do it by Gmail and not be flagged as criminal)
-avoid capital control
-BTC payments are UNSTOPABE
-with BTC you hold money and NOONE CAN take them from you even government (fiat – you have inflation, Police can freeze your account )
-crypto give you a freedom of work without taxation ( like forum signatures eg. )
-with crypto you can play illegal gambling and bypass country restriction
-with crypto you can build advanced systems ruled by digital contracts

Crypto is freedom that you are loosing with all centralized and data mined services.

BTC/Nem  won't be fiat competitor in terms of daily currency IMO, this is just not good deal,
Unless you leave in Venezuela

[visaco]

Some off-topic but very important news connected with blockchain development.

Now Gmail app on Android allows you to send money to any Gmail user in seconds, for free, directly into their bank account.
How any blockchain can survive after this? Money now are going like email.  Google has a big user base, so they have many advantages. They don't need to waste money to attract the new users to use their service.



https://www.neowin.net/news/gmail-on-android-now-lets-you-send-and-request-money---and-doing-so-is-completely-free

you need a visa card and a bank account plus feeeeeeeeeees ...crypto is more for unbanked people.bank can not compete with crypto.   case closed

[freigeist]

you need a visa card and a bank account plus feeeeeeeeeees ...crypto is more for unbanked people.bank can not compete with crypto.   case closed

1)
Except on localbitcoins to buy crypto you need what?!
again bank account and credit card! 

2)
To buy altcoins you need what?!
You need to buy BTC first as all the altcoins are traded for BTC.

3) to buy BTC go to point 1.

We are stuck and will be stuck in this loop until someone starts producing and selling food
directly for crypto bypassing all that FIAT crap
as it seems you can't eat if you don't not have FIAT.

[visaco]

you need a visa card and a bank account plus feeeeeeeeeees ...crypto is more for unbanked people.bank can not compete with crypto.   case closed

1)
Except on localbitcoins to buy crypto you need what?!
again bank account and credit card!  

2)
To buy altcoins you need what?!
You need to buy BTC first as all the altcoins are traded for BTC.

3) to buy BTC go to point 1.

We are stuck and will be stuck in this loop until someone starts producing and selling food
directly for crypto bypassing all that FIAT crap
as it seems you can't eat if you don't not have FIAT.

1. localbitcoins accept cash no need for a bank account
ATMs also accept cash no bank account  is needed

2. now you've to pay for google fee( YOUR PRIVACY wiLL BE SOLD to cover the cost of the app and settlement...nothing is free☺) & bank transfer fees + take 3 days to the money to show up on you bank account
no thx not for me

3. with crypto you have access to a whole financial ecosystem. not just send and receive money
 u can lend money borrow money buy stocks create your assets  ..ect and in the same time protecting you privacy if u choose to
4 .it is cheap like dirt & cross border ...this is why google+visa can not compete unless they create their own blockchain.

5. you can spend you crypto easily without using fiat
there is s hundred of thousand shops that accept btc and altcoin...

[freigeist]

you need a visa card and a bank account plus feeeeeeeeeees ...crypto is more for unbanked people.bank can not compete with crypto.   case closed

1)
Except on localbitcoins to buy crypto you need what?!
again bank account and credit card!  

2)
To buy altcoins you need what?!
You need to buy BTC first as all the altcoins are traded for BTC.

3) to buy BTC go to point 1.

We are stuck and will be stuck in this loop until someone starts producing and selling food
directly for crypto bypassing all that FIAT crap
as it seems you can't eat if you don't not have FIAT.

1. localbitcoins accept cash no need for a bank account
ATMs also accept cash no bank account  is needed

2. now you've to pay for google fee & bank transfer fees + take 3 days to the money to show up on you bank account
no thx not for me

Neither is for me but just saying that this options that seems so available in reality are not so available
in case a person lives in a smaller town (place) because it means it will have to drive at least from 50km to 150km for
finding the next BTC ATM or meeting the next BTC seller to make the exchange
and in that case the fees or the prices are really high even more than 10% higher
when compared to the price at the exchange.

Also what caught my eye are the exchange rates of this changelly service that was integrated into the NanoWallet:
https://changelly.com/rates

Don't tell me that people are actually buying any BTC or any other crypto from them at that rate?!