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

[Dron Pelya]

I have read that XEM would one of most perspective coin of 2018 year. So I bought some XEM. And now I'm not sure that it was right decision.

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[mybtcasset]

I have read that XEM would one of most perspective coin of 2018 year. So I bought some XEM. And now I'm not sure that it was right decision.

A lot of negative news about the previous hack, but at last they find out the people who hacked the NEM coins. Yes, you are this year NEM will become one of the most secured coins for long-term investment.

[nzminer]

One hacker is in jail ,pursuite and jail this one.

really? link please

[rigel]

There's an ongoing vote for this project proposal: https://forum.nem.io/t/prover-a-block-hain-service-for-confirming-the-authenticity-of-events-facts-or-phenomena/13210

Another project switching from Ethereum to NEM... let's show them some love

To vote YES:
Send a 0 XEM transaction to:
NCMNZB7QTDZUHCA4UAISOXQ6UILFDLVZXSIYGQMI

To vote NO:
Send a 0 XEM transaction to:
NDUMACK4KLUWNH2EKB7H2WNA4O6A7HYQIUGMAK4O

bump

[jelin1984]

Know about the heart of #NEM and its passion to unleash the power of the blockchain technology. Read more about the #Catapult






https://nem.io/wp-content/themes/nem/files/catapultwhitepaper.pdf

[Neversettle]

There's an ongoing vote for this project proposal: https://forum.nem.io/t/prover-a-block-hain-service-for-confirming-the-authenticity-of-events-facts-or-phenomena/13210

Another project switching from Ethereum to NEM... let's show them some love

To vote YES:
Send a 0 XEM transaction to:
NCMNZB7QTDZUHCA4UAISOXQ6UILFDLVZXSIYGQMI

To vote NO:
Send a 0 XEM transaction to:
NDUMACK4KLUWNH2EKB7H2WNA4O6A7HYQIUGMAK4O

bump

think it needs to be pushed in telegram as well. Not many people voted so far

[nemwanderer]

Another wave of restrictions from regulators...China and the U.K. 

I really hope that crypto doesn’t turn into such a battle.

[Dron Pelya]

I have read that XEM would one of most perspective coin of 2018 year. So I bought some XEM. And now I'm not sure that it was right decision.

A lot of negative news about the previous hack, but at last they find out the people who hacked the NEM coins. Yes, you are this year NEM will become one of the most secured coins for long-term investment.

Anyway, I'm going to keep XEM for long term. It might be really high price for this coin. So we should wait and watch...

[gsxrl3oi]

So when is Catapult going to be released (for public). It's been over a year now. Before 4k tps seems a lot, but now you hear 1 million tps  i think NEM missed that boat. I'm still a believer, but having that hack is a sh***y PR that is not needed. We need catapult now. We hear NDA's are signed so no one can talk about what is being tested (i totally understand), Just curious to know how many company's signed NDA's, I want to know if there are actually a lot of companies trying out NEM Tech.   

[jelin1984]

I believe that catapult is not far away

[smart757]

So when is Catapult going to be released (for public). It's been over a year now. Before 4k tps seems a lot, but now you hear 1 million tps  i think NEM missed that boat. I'm still a believer, but having that hack is a sh***y PR that is not needed. We need catapult now. We hear NDA's are signed so no one can talk about what is being tested (i totally understand), Just curious to know how many company's signed NDA's, I want to know if there are actually a lot of companies trying out NEM Tech.   

I don't think it will matter one bit with the market the way it is right now.
With btc dragging everything down NEM could announce some major partnership and it wouldn't amount to anything because of the overall market being in the toilet.

Best to wait until things improve and hopefully they can capitalize on the rebound.

[nemwanderer]

So when is Catapult going to be released (for public). It's been over a year now. Before 4k tps seems a lot, but now you hear 1 million tps  i think NEM missed that boat. I'm still a believer, but having that hack is a sh***y PR that is not needed. We need catapult now. We hear NDA's are signed so no one can talk about what is being tested (i totally understand), Just curious to know how many company's signed NDA's, I want to know if there are actually a lot of companies trying out NEM Tech.   

I don't think it will matter one bit with the market the way it is right now.
With btc dragging everything down NEM could announce some major partnership and it wouldn't amount to anything because of the overall market being in the toilet.

Best to wait until things improve and hopefully they can capitalize on the rebound.

Yes the tide right now isn’t good. Endless regulatatory headlines.

Amazing how the government won’t provide healthcare, education, basic services-you’re on your own for that but suddenly they want to “protect” you in crypto.

I really don’t mind a selloff if it’s a healthy correction but my obvious worry is that after a pounding of this magnitude things may not recover for a long time (twice bitten etc etc). What does everyone think?

[greentea]

So the price ATM is ~ $.46 but Coincheck agreed to payout $ .82 XEM that was lost.

So these owners have the ability to almost double their holdings if current price holds?

[wiser]

So when is Catapult going to be released (for public). It's been over a year now. Before 4k tps seems a lot, but now you hear 1 million tps  i think NEM missed that boat. I'm still a believer, but having that hack is a sh***y PR that is not needed. We need catapult now. We hear NDA's are signed so no one can talk about what is being tested (i totally understand), Just curious to know how many company's signed NDA's, I want to know if there are actually a lot of companies trying out NEM Tech.   

I don't think it will matter one bit with the market the way it is right now.
With btc dragging everything down NEM could announce some major partnership and it wouldn't amount to anything because of the overall market being in the toilet.

Best to wait until things improve and hopefully they can capitalize on the rebound.

Yes the tide right now isn’t good. Endless regulatatory headlines.

Amazing how the government won’t provide healthcare, education, basic services-you’re on your own for that but suddenly they want to “protect” you in crypto.

I really don’t mind a selloff if it’s a healthy correction but my obvious worry is that after a pounding of this magnitude things may not recover for a long time (twice bitten etc etc). What does everyone think?

I think you might be right about the prices being depressed for a while, which I guess is depressing LOL. The problem with the last price spike may have been that it happened too quickly, and I hear about people mortgaging their properties and such to get in, which is always bad news, the classic signs of a bubble. When price goes up fast, it can fall just as quickly.

I'd like to see a recovery, and if you follow the NEM News telegram channel, for every bit of bad news, there's five or six good news items so NEM really is continuing to truck along, so I have no doubt a price recovery is in the future. I'd just like to see it happen more slowly. A nice, steady increase of one or two cents a day, with long periods of the price staying the same, would be perfect for me. That gives people lots of chances to buy in, and those who need to sell for any reason can count on getting a decent deal. That's what you want in a coin. Stability with a general trend upwards.

To really get there, I think we're going to need to see some XEM/fiat direct markets open up. As long as any coin has to go through Bitcoin, then it's going to be stuck rising and falling with Bitcoin, and that really stinks, to be honest.

[niknik1966]

And more than 90 percent of all coins are very dependent on the bitcoin rate. This coin is also not an exception to the rules. And in general, the coin is not bad.

[mattadc]

Version numbers do not refer the completion level. 0.x version can be quite ready, 95 %, but it is not officially published.
What is now missing from NEM ?

Is that an essential feature ?

There are always some features to be added, but when can be said that the software is "ready" ?

I dunno what these people coming out with this 'not ready' shit are smoking. Bitcoin was up for sale for years at 0.whatever.

I don't know why it isn't on more exchanges, but ground is being lost needlessly. I have no idea why some people think it's good thing not to be over with as many people as possible.

NEM is still in experimental phase. Do you really want thousands, even millions, of people flocking to a platform that is still experimental?

It doesn't sound like a good idea when we even haven't left beta stage, this tech will manage people's literal finances which affect their daily lives. Developers have to make sure it's extra secure and stable.

It will be ready when it will be ready and when that happens more exchanges/people/companies will pick up NEM.

EXPERIMENTAL ?


HMMM ...
Crypto currencies have something common, which they don't tell openly.


The essential characteristics of different things:

https://en.wikipedia.org/wiki/Shark
Sharks can travel 70 to 80 km in a day.


https://en.wikipedia.org/wiki/Tiger
tigers can reach speeds of about 49–65 km/h


https://en.wikipedia.org/wiki/Sun
The orbital speed of the Solar System about the center of the Milky Way is approximately 251 km/s


or other essential characteristic
https://en.wikipedia.org/wiki/Passive_house
a passive house typically loses less than 0.5 °C (1 °F) per day (in winter)



Nevertheless these wikipedias don't give that or any essential information
https://en.wikipedia.org/wiki/Bitcoin
https://en.wikipedia.org/wiki/Litecoin
https://en.wikipedia.org/wiki/NEM_(cryptocurrency)
https://en.wikipedia.org/wiki/Monero_(cryptocurrency)
https://en.wikipedia.org/wiki/Ripple_(payment_protocol)

Why they don't?

These sites give the speed information. And it isn't good for crypto currencies!

https://finance.yahoo.com/news/cryptocurrencies-fastest-transaction-speeds-130600579.html
Total transactions per second:
    Visa: 24,000
    Ripple (CCC: XRP-USD): 1,500
    PayPal: 193
    Bitcoin Cash (CCC: BCH-USD): 60
    Litecoin (CCC: LTC-USD): 56
    Dash (CCC: DASH-USD): 48
    Ethereum (CCC: ETH-USD): 20
    Bitcoin (CCC: BTC-USD): 7



https://steemit.com/cryptocurrency/@steemhoops99/transaction-speed-bitcoin-visa-iota-paypal
VISA can handle on average around 1,700 transactions per second (tps), call it a daily peak rate of 4,000 tps.
PayPal, in contrast, handled around 10 million transactions per day for an average of 115 tps in late 2014.
Today the Bitcoin network is restricted to a sustained rate of 7 tps due
Iota can already handle between 500-800 tps.
Ethereum – 20 transactions per second (Cost= 0.01-0.1 USD+)



Only of those above, which itself advertises its speed is VISA
https://en.wikipedia.org/wiki/Visa_Inc.
can handle up to 30,000 simultaneous transactions and up to 100 billion computations every second


Is this the raw truth?
If it is, that makes two things true.
Crypto currencies are too slow for real world usage. And therefore LemonAndFries had it right:NEM is an experimental.



Another intersting question rises?
Why LemonAndFries didn't explain why NEM and other crypto currencies are experimental though it would have been so easy.
The reason might be that LemonAndFries do want to spread uncertainty that makes it easier to manipulate crypto users ?
LemonAndFries is part of hte small group of Bitcoin Billionaires, who just give us the information which is useful for
manipulation of the ongoing P or D.

And LemonAndFries likes to give us somethinh savory, sour and salty.

[mattadc]

do know what happened to huge amount stolen from coincheck xem? are the stolen coin addresses available? Have the coins already been dropped on exchanges?

All funds are traceable and NEM foundation is marking all accounts with the stolen funds.
only about 1100 XEM has been moved around AFAIK, and no XEM has been moved to any exchanges yet.

I think the thieves will have a very difficult time cashing out. Five percent of the entire NEM supply has been effectively taken out of circulation. I mean, it can technically "circulate," but it's tainted.

My guess is the exchange and hacker will reach some kind of settlement with regards to this stolen NEM. Seems like an impasse at the moment, but perhaps there are talks going on that aren't public already.

Very possible, that sort of thing would not be disclosed at this time.

Yeah. And for the people new to crypto-land, the precedence here was set by NXT when a hacker stole a bunch from BTER. https://www.ccn.com/fifty-million-nxt-stolen-bter-cryptocurrency-exchange-ransomed-hacker/. They seem to have negotiated a fee of 100 BTC and the hacker returned the NXT to the exchange. It is possible that a similar scenario might unfold here. It would seem to be in everyone's best interest if such a thing happens though - the hacker can get some reward (call is a 'security bounty') and the exchange gets its crypto back.

Really depends on if its an inside job or not i guess?

I suspect someone inside the company may have had access.
Still blows me away that they kept that much funds in one hot wallet.
At least 300M XEM was theirs that they bought in 2016 also. Dunno why that even needed to be in the same wallet.

Definitely inside job !

Some one/s made the wallet bigger and bigger for only that purpose. To blow as much as possible.
Maybe he / they know that Bitcoin is crashing.
Maybe he / they know that new restrictions coming for bitcoin from many Governments.

It's all in thr book.

[asdlolciterquit]

Hi everyone, i want to transfer my xem on my new trezor. The problem is that i really don't know how to do it. Is there any guide some where? Can anybody help me?

Thanks in advance.

https://www.youtube.com/watch?v=nPi7Xzn5Tq0&feature=youtu.be

Waffle until 2.30

thank you for this link. I have a question: after i've login my nemwallet with my trezor, in the future i can access my nem wallet only with my trezor?

[gentlemand]

thank you for this link. I have a question: after i've login my nemwallet with my trezor, in the future i can access my nem wallet only with my trezor?

Correct. That's the idea.

If Trezor disappears or you lose yours and can't afford another one you can get a private key from the Trezor seed with this - https://github.com/saleemrashid/nem-trezor-standalone  but obviously only do that if absolutely necessary and only on a very, very offline computer.

And then you can restore your XEM by opening a conventional private key nano wallet with that private key. There might be a nano seed wallet sometime, but there's no mention of it yet.

[jelin1984]

BIG NEM NEWS


Japan’s First Online Bank Tests Blockchain Technology with mijin and Hyperledger



http://mijin.io/en/1370.html