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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2987606 times)
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McDoxy1
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December 08, 2014, 08:58:48 PM
 #10321


CfB has said many times that he doubts POI will work. Nothing new really if that's what you're getting at ?
I think the main reason is that people think it's a completely new thing. POI is an improvement over POS but POS isn't completely scratched it's just broadend with a few more factors so it's not just balance that counts but also activity.  

Maybe he's getting at the fact that CfB thinks that PoI would clearly be better than PoS if it really works Wink
And I agree! That's why I'm really looking forward to the whitepaper. It could really make some big waves.
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December 08, 2014, 09:04:10 PM
 #10322

This is not about NXT this is all about NEM. When we compare the price of NEM to NXT or to BTC that doesn't mean comparing the technologies but more like speculating the future market cap of NEM in terms of NXT and BTC. The main reason we would have to fall into comparing NEM price to NXT is that we are still stuck with NXT Asset Exchange "NXT AE" for trading NEMstakes. This phase will be over pretty soon "probably in few days". Once NEM will be freed from the NXT world and gets traded directly to BTC in the exchange sites it would them jump into a totally new stage/value.

Yes you should expect NEM to be traded for a value higher than 0.0000125 BTC by the launch date or few months later. The main point here is trying to evaluate the real value of NEM. This is to be determined by how it will grow after launch. There is high potential that NEM community will grow much faster than any other crypto currency at least in the first year. So fasten your seat belt and get ready for an exciting ride.

Remember that the majority of NEM adaptors right after launch will be more like miners type of investors. We haven't seen any of that kind of share holders yet. For that particular reason NEM is expected to sky rocket on the launch date, cause PoI will be fun to try/taste. From that perspective NEM will indeed reach 0.0000125 in few days after launch. The question actually how it would be able to sustain at that level. It will probably all come to how fun PoI will be Wink. PoI on its own forces the harvesters/miners to become good citizens in the economy. The obvious would be trying to buying, selling and trading stuff for NEMs to gain higher importance level hense the economy will move from day one and that will out stand any other crypto currency rush you've ever seen.

Remember to stay CALM Wink
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December 08, 2014, 09:34:57 PM
 #10323

5300 trades with NEMstake on Asset Exchange.

It need to celebrate.


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December 08, 2014, 09:38:27 PM
 #10324

Yeah, NEM is the most tradest one.
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December 08, 2014, 10:09:09 PM
 #10325

 25% allocated to devs  Shocked
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December 08, 2014, 10:09:51 PM
 #10326

25% allocated to devs  Shocked

To development.
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December 08, 2014, 10:20:42 PM
 #10327

25% allocated to devs  Shocked
stakes going to development does not mean to devs pockets.. I'm not sure of the actual break down but I wouldn't think anyone will end up with any more than around 2-3% at most and if there is anyone who gets that amount it would probably only be the devs but they would be completely deserving of it after working on nem full time for close to a year and taking into consideration what they have produced. I don't think anyone would disagree wwith me on that..

Ps. Devs won't launch with out multisig ether so that funds can be held in multisig accounts. Very Near zero risk of theft.

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December 08, 2014, 10:49:39 PM
 #10328

Only last 149 NEM left.


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December 08, 2014, 10:58:39 PM
 #10329

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December 08, 2014, 11:46:51 PM
 #10330

It seems weird that anyone would be against testing code...
Have you lost the focus?
If the test-driven development is not used, it doesn't mean there is no testing!

very different kinds of testing that (could) bare very different results. for optimal development i would assume a combination of the two would be best practice. test-driven development followed by a rigorous (closed) testing once a new version is released internally then followed by even more rigorous public testing. ie. test the crap out of everything as hard as possible. Cheesy
True. Unfortunately the optimal development is may be found only after many projects. How many cryptocoins one group must build? Smiley

Only one time is needed if you do it right.

Who are those lucky .... Nobel prize winners ? Smiley
Here is not suspected the success of NEM development. I guess NEM has devs, who are not doing their first project. Better chances ...


You seem to say some people are going to win the Nobel prize? What are you trying to tell us? Are you saying that this is not the first crypto the devs are developing? That is something new. Maybe you want to share more with us. Wink

satoshi and bcnext working on nem? wow thats cool.. nem will be huge! Cheesy

You beat me tooit!

Satoshi and BCNext working together to create a Utopian FutureCool

I was writing one answer to rockethead ... but noticed that he has got already better answers Smiley


You mean you have a not so good answer? They are guessing. Tell us what you know from the horses mouth? Wink
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December 08, 2014, 11:51:42 PM
 #10331

25% allocated to devs  Shocked
stakes going to development does not mean to devs pockets.. I'm not sure of the actual break down but I wouldn't think anyone will end up with any more than around 2-3% at most and if there is anyone who gets that amount it would probably only be the devs but they would be completely deserving of it after working on nem full time for close to a year and taking into consideration what they have produced. I don't think anyone would disagree wwith me on that..

Ps. Devs won't launch with out multisig ether so that funds can be held in multisig accounts. Very Near zero risk of theft.

The devs should have the largest stake, besides all of their work, it keeps them motivated to improve NEM.
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December 08, 2014, 11:54:46 PM
 #10332

and another debate on principles bout "devstakes"...  Roll Eyes
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December 09, 2014, 12:56:32 AM
 #10333



NEM is amazing future
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December 09, 2014, 01:12:48 AM
 #10334


I like NEMzilla Cheesy
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December 09, 2014, 01:45:13 AM
 #10335

Yeah, NEM is the most tradest one.

Yes, the market seems to like NEM Smiley

                
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December 09, 2014, 02:15:12 AM
 #10336





the best Meme in crypto
Cheesy
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December 09, 2014, 02:27:28 AM
 #10337

Any update on where the Devs are with the multisig developement?. Thanks guys.
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December 09, 2014, 02:34:02 AM
 #10338

This men bought NEMstake
http://blog.vh1.com/files/2008/12/rcol_8_3f8_9.jpg http://www.greatnessbeyondmeasure.com/wp-content/uploads/2012/02/lucky-guy2.jpg
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December 09, 2014, 02:44:54 AM
 #10339

This men bought NEMstake


Very NEMly of you! We all see your NEMliness.

                
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December 09, 2014, 02:47:22 AM
 #10340

NEM is coming...

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