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

[Neversettle]

Jeff M says Catapult will be open source next month. What does that mean in terms of adoption on NEM blockchain? Is there coordination to update NEM blockchain to Catapult?

It's bullshit, catapult won't be open source in May or next mont. I advice to forget about it.

The integration to the NEM chain will not happen that soon. But catapult tech is tested and open for developers already.

[1714147944]

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[tongokongo]

Hey bitcoin talkers I made a cool video on how LuxTag will incorporate NEM blockchain with bigger amount of transactions. I think it should be especially interesting for this forum readers as it is rather technical topic on the notarization/certification on the blockchain.

https://youtu.be/_Ya0VdeLi6U

[LoveCryptoAll]

This coin has a feature. This feature is in the rules of calculating the commission for the operations performed with this crypto currency. In each case, it is different and depends on several factors: what is the balance of both sides of the transaction (the sender and the recipient), how active are they in the system, is the security of the operation ensured, etc. By the way, with the increase in the amount of funds on the balance sheet, . The developers specifically used this mechanism to avoid the massive accumulation of XEM in the accounts and motivate users to use the crypto currency in mutual calculations.

[wiser]

BTC hit $20K at the end of last year so it's certainly possible. I would take these predictions with a grain of salt. It is likely that more people will be getting involved in cryptocurrencies, but there's no guarantee it will be BTC. BTC is actually clunky and hard to use in comparison to other coins out there. The key for NEM or any coin is to figure out what it's going to take for the uninitiated to start using your coin, and then deliver. Whichever project manages to do that first will be sitting mighty pretty.

Thomas Lee
@fundstrat
 CRYPTO: #Consensus2018, organized by @Coindesk, impact on crypto market will be much larger in 2018, given the sheer increase in expected attendance. 2017 was +1,250 additional attendees but 2018 should see +4,250 additional. 3x the impact... next week an interesting week

Thomas Lee, Managing Partner and Head of Research at Fundstrat Global Advisors, has accurately predicted the price of bitcoin for several years. His latest prediction is a year-end target price of $25,000 and a price of $91,000 by March 2020. Lee’s analysis incorporates Metcalfe's Law, which states that the value of a network is the square of the number of its users, and bitcoin’s potential to become a substitute asset for gold, among other factors.

“I think this next generation of young people view bitcoin as their store of value. And if it captures 5 percent of the gold market, it's worth at least $25,000 per unit,” Lee told Business Insider in an interview in October.

Ronnie Moas, founder of Standpoint Research, predicts that the price of bitcoin will hit $28,000 in 2018 and believes that its value will eventually rise to $300,000 - $400,000. Moas bases his price prediction on the limited supply of bitcoin facing potentially unlimited demand, which could push the price of bitcoin to never-before-seen highs, among other factors.

"I don't know how much gold there is in the ground, but I know how much bitcoin there is, and in two years there will be 300 million people in the world trying to get their hands on a few million bitcoin. This mind-boggling supply and demand imbalance is what is going to drive the price higher," Moas said.

Of course one may argue that Fundstrat Global Partners benefits from Lee’s high profile and his outspoken views on cryptocurrency valuations. However, the success or failure of his company nor his career does not depend on the future performance of cryptocurrencies like bitcoin. The same goes for Ronnie Moas and his company, Standpoint Research.

source: https://bravenewcoin.com/news/when-it-comes-to-bitcoin-price-predictions-who-should-you-believe/

[ruletheworld]

BTC hit $20K at the end of last year so it's certainly possible. I would take these predictions with a grain of salt. It is likely that more people will be getting involved in cryptocurrencies, but there's no guarantee it will be BTC. BTC is actually clunky and hard to use in comparison to other coins out there. The key for NEM or any coin is to figure out what it's going to take for the uninitiated to start using your coin, and then deliver. Whichever project manages to do that first will be sitting mighty pretty.

It's all about what gives a coin value. BTC's value isn't derived from it being easy to use. It is derived from its censorship resistant transfer of value and huge developer community working on the core protocols. The trick is to figure this out for NEM and push that forward.

[wiser]

BTC hit $20K at the end of last year so it's certainly possible. I would take these predictions with a grain of salt. It is likely that more people will be getting involved in cryptocurrencies, but there's no guarantee it will be BTC. BTC is actually clunky and hard to use in comparison to other coins out there. The key for NEM or any coin is to figure out what it's going to take for the uninitiated to start using your coin, and then deliver. Whichever project manages to do that first will be sitting mighty pretty.

It's all about what gives a coin value. BTC's value isn't derived from it being easy to use. It is derived from its censorship resistant transfer of value and huge developer community working on the core protocols. The trick is to figure this out for NEM and push that forward.

I believe all the block chain projects are censorship resistant by virtue of the immutability of the block chain and the fact that it's stored on multiple computers, so that is not unique to BTC. But the huge developer community working on value added infrastructure is a very good point, and for now BTC definitely has the edge. I think NEM could be a contender once they have Catapult working for enterprises on more than a pilot basis.

[kamaljit.singh]

Meet #Kchain and other projects built under #NEM at the #Consensus2018 on May 14-16 in New York Hilton Midtown! https://www.coindesk.com/events/consensus-2018/ … Booth: Exhibit Space #16, Sutton Center, NEM Pavilion #NEMTakeover #NEMEcosystem #NEMCatapult

[ruletheworld]

BTC hit $20K at the end of last year so it's certainly possible. I would take these predictions with a grain of salt. It is likely that more people will be getting involved in cryptocurrencies, but there's no guarantee it will be BTC. BTC is actually clunky and hard to use in comparison to other coins out there. The key for NEM or any coin is to figure out what it's going to take for the uninitiated to start using your coin, and then deliver. Whichever project manages to do that first will be sitting mighty pretty.

It's all about what gives a coin value. BTC's value isn't derived from it being easy to use. It is derived from its censorship resistant transfer of value and huge developer community working on the core protocols. The trick is to figure this out for NEM and push that forward.

I believe all the block chain projects are censorship resistant by virtue of the immutability of the block chain and the fact that it's stored on multiple computers, so that is not unique to BTC. But the huge developer community working on value added infrastructure is a very good point, and for now BTC definitely has the edge. I think NEM could be a contender once they have Catapult working for enterprises on more than a pilot basis.

Just because something runs on multiple computers, doesn't make it censorship resistant. It is all in a matter of degree. A powerful enough adversary could easily censor transactions on most blockchains. On that scale, BTC ranks higher than most. NEM is fairly good in its own way given the wide distribution, which means less concentrated control.

For the developer community, the key is building on top of the infrastructure layer. Catapult might help, only time will tell.

[IG777]

What can I do if I did not indicate the message when I transferred xem to the exchange. and the funds did not come into account ?

[Alohaboy?!]

BTC hit $20K at the end of last year so it's certainly possible. I would take these predictions with a grain of salt. It is likely that more people will be getting involved in cryptocurrencies, but there's no guarantee it will be BTC. BTC is actually clunky and hard to use in comparison to other coins out there. The key for NEM or any coin is to figure out what it's going to take for the uninitiated to start using your coin, and then deliver. Whichever project manages to do that first will be sitting mighty pretty.

It's all about what gives a coin value. BTC's value isn't derived from it being easy to use. It is derived from its censorship resistant transfer of value and huge developer community working on the core protocols. The trick is to figure this out for NEM and push that forward.

I believe all the block chain projects are censorship resistant by virtue of the immutability of the block chain and the fact that it's stored on multiple computers, so that is not unique to BTC. But the huge developer community working on value added infrastructure is a very good point, and for now BTC definitely has the edge. I think NEM could be a contender once they have Catapult working for enterprises on more than a pilot basis.

Just because something runs on multiple computers, doesn't make it censorship resistant. It is all in a matter of degree. A powerful enough adversary could easily censor transactions on most blockchains. On that scale, BTC ranks higher than most. NEM is fairly good in its own way given the wide distribution, which means less concentrated control.

For the developer community, the key is building on top of the infrastructure layer. Catapult might help, only time will tell.

I have to agree here, NEM has a good and solid base with the broad distribution and the very well working chain. But BTC is the symbol for virtual cryptocurrencies, that's what everybody has heard of and what everybody connects to the crypto space. It will get hard to dethrone BTC, but in my eyes it´s really not necessary at all

[BitcoinArsenal]

Is it necessary to store the XEM in the Mint Wallet or can I let them into my NEM Nano wallet? I am little bit confused about storing it in a wallet which does not necessarily seem secure. Any experience with the wallet yet?

Hi. The NEM Nano Wallet is secured. You just need to keep you Backup Wallet (.WLT file) and Private Key secured, usually on an external USB within a weather-proof safe with combo and key. (LOL....maybe not that secured, but you get the picture.)

Here is a video I created to create a "simple wallet" on the NEM Nano Wallet desktop client. After you create your own personal wallet on the desktop client, and find your NEM address...you can then transfer XEM from a crypto exchange to your personal wallet for safe-keeping and/or use. You can buy things with XEM at participating stores in Japan, Australia, and more to come.


However, I do not know what a "MINT WALLET" is? Is that a wallet on a specific crypto exchange, that can hold NEM mosaics like XEM?

Hope my video helps: https://youtu.be/U_i2_3w1YTY

To get the airdrop being discussed I think you have to deposit your precious XEM into the Mint wallet, which for anything larger than pocket change sounds like a really bad idea. Some airdrop based on creating a wallet with a minimum balance and signing a message from cold storage wallet on a trezor seems much better, then users are protected, and the Mint wallet gets some new user promotion.

Thanks, do you have any experience if the ChronoMint wallet is save? I have a good amount of XEM in my nano wallet and do not want needlessly move them to another wallet which seems not quite save. It seems somehow unprofessional of Chronobank not to let people sign a address or something similar to participate on the airdrop.

[MirkoIta]

What can I do if I did not indicate the message when I transferred xem to the exchange. and the funds did not come into account ?

The best thing to do is to check if your TX is already confirmed on the NEM blockchain then contact the exchange support with all the info about your transaction.

[jelin1984]

https://medium.com/nemofficial/nem-announces-beta-launch-of-catapult-a-full-featured-blockchain-engine-6bb5b9a45eb3


14-16 may 2018

Jeff will talk about catapult

At Consensus 2018

[kamaljit.singh]

Meet @tokenaicrypto and other projects built under #NEM at the #Consensus2018 on May 14-16 in New York Hilton Midtown! https://www.coindesk.com/events/consensus-2018/ … Booth: Exhibit Space #16, Sutton Center, NEM Pavilion #NEMTakeover #NEMEcosystem #NEMCatapult

[nani]

I prefer to think that scams aren't necessary. hopefully the first and the last that gets any support Well you cant prevent them from happening. Its just too easy to make a new mosaic on NEM. Not Sayin GreenOx is a scam but givin away livetime supply for the first 400 or so voters looks kind of fishy to me.

[schnidl]

FROM MYCOINVEST:

If you have not voted yet, please do so. It is getting near the end. Need high importance NEM addresses to vote and help us reach the minimum 3% POI scoring of the voting poll.

Reach out to family and friends who support NEM and hold XEM, so we can bring a financial savings solution to the USA and across the world.

To vote YES:
NDNETT-57K3JY-7PGKJY-RS3DP7-GUFSKK-HMRUOD-JPX6

To vote NO:
NCDLV3-GKAANX-Y5RPIR-CL4WMA-EOC5YO-QRGNCK-K2DX



They need another ~2% POI and there are only ~2days left. Keep on voting!

[Alohaboy?!]

What can I do if I did not indicate the message when I transferred xem to the exchange. and the funds did not come into account ?

The best thing to do is to check if your TX is already confirmed on the NEM blockchain then contact the exchange support with all the info about your transaction.

It might take a while though. They will need to process manually so no worries if it takes some days maybe weeks.

FROM MYCOINVEST:

If you have not voted yet, please do so. It is getting near the end. Need high importance NEM addresses to vote and help us reach the minimum 3% POI scoring of the voting poll.

Reach out to family and friends who support NEM and hold XEM, so we can bring a financial savings solution to the USA and across the world.

To vote YES:
NDNETT-57K3JY-7PGKJY-RS3DP7-GUFSKK-HMRUOD-JPX6

To vote NO:
NCDLV3-GKAANX-Y5RPIR-CL4WMA-EOC5YO-QRGNCK-K2DX



They need another ~2% POI and there are only ~2days left. Keep on voting!

I advise everyone to check the nem forum too! The proposals there are great and there are always some in the pipeline

[REAL.leoinker]

They need another ~2% POI and there are only ~2days left. Keep on voting!

Thank you for the support!
I hope everyone reads the proposal, as well as the comments. There is good dialogue in the Q&A.
myCoinvest is complex software providing a whole range of utility, and it may overwhelm people when they first read.

When I ask people "Do you think it would be cool if NanoWallet supported cashing out to your local currency, as well as purchasing more XEM?" They say YES! - Which is just one feature of the myCoinvest SMART Wallet.
There is a whole plethora of utility and use cases presented in the proposal and comments, and I do hope you all take the time to investigate. You can also join our Telegram: @mycoinvest

Click here to link to the proposal:

https://forum.nem.io/t/vote-now-mycoinvest-a-financial-savings-ecosystem-powered-by-the-nem-blockchain/16218/51

[misterbigg]

I might not understand this voting thing very well - it's XEM holders voting to determine what projects get funded, right?

[jelin1984]

I LOVE THESE COIN

NEMOVIE CLIPS


https://vimeo.com/268562606