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Topic: NEM Investor's Handout and Updates(NEM closed Alpha has begun) (Read 9965 times)

hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
This thread will be closed due to inactivity. For the latest information regarding NEM, please follow the NEM Official Thread.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
NEM beta will soon be released.

Quote from: Jaguar0625
Some people have been asking about the NEM roadmap. In the spirit of transparency, I'd like to share a tentative feature roadmap (dates are purposely left out).

Required Launch Features
  • Time Synchronization (SHIPPED) - All NEM nodes will synchronize their clocks. This provides two benefits: (1) an attack defense because we will be able to shrink the range of allowable timestamps, (2) allows NEM to work on computers with non-synchronized clocks.
  • Evaluation of Secret Performance Enhancements (ETA 10/12) - We have an idea that could significantly increase NEM performance. We want to test out this change before launch.
  • Complete POI Enhancements (ETA 10/05) - We are busy working on some improvements to the POI algorithm that should make it better.
  • Remote NIS Support (SHIPPED) - Allow a local NCC instance to connect to a remote NIS server.
  • Remote Harvesting (ETA 10/05) - Allow an account to harvest on behalf of another account. This would allow accounts in cold wallets to harvest securely.

Stretch Launch Features
  • Lottery payout to reward running / highly trusted nodes
  • Multisig support

Post-Launch Features
  • AE
  • Business Rules
  • Blockchain compression (i.e. faster downloads)

(Hopefully, that's enough announcements for one day! Wink)
sr. member
Activity: 278
Merit: 250
Is there a beta ETA date yet?

Yeah, beta should start sometime at the end of the month if everything goes well.

Shall we close this thread ?
Seems like it's just another thread that's inactive.

I agree that we should close this thread.
hero member
Activity: 980
Merit: 1001
Is there a beta ETA date yet?

Yeah, beta should start sometime at the end of the month if everything goes well.

Shall we close this thread ?
Seems like it's just another thread that's inactive.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Is there a beta ETA date yet?

Yeah, beta should start sometime at the end of the month if everything goes well.
sr. member
Activity: 345
Merit: 250
Is there a beta ETA date yet?
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Alpha 0.2.16 is there: https://forum.nemcoin.com/index.php?topic=2434.msg5252#msg5252

Closer and closer to the Beta!!!
newbie
Activity: 42
Merit: 0
If somebody missed it: Alpha Build 0.0.59 Is Available.

Please check the NEM Forum for more info: http://forum.nemcoin.com/index.php?topic=2230.0

Wow, great news!

Cheers  Smiley

Hi evoked22,

In the meantime we have progressed a lot. Our current alpha build version is 0.2.9: https://forum.nemcoin.com/index.php?topic=2382.0 and beta is approaching really quick. If everything goes well, official launch should be sometime at the end of October.

Please check the official NEM thread for more info: https://bitcointalksearch.org/topic/nem-xem-official-thread-100-new-code-easy-to-use-apis-654845

Cheers


Great news!
Thumbs up!!!!!  Cheesy
newbie
Activity: 9
Merit: 0
If somebody missed it: Alpha Build 0.0.59 Is Available.

Please check the NEM Forum for more info: http://forum.nemcoin.com/index.php?topic=2230.0

Wow, great news!

Cheers  Smiley

Hi evoked22,

In the meantime we have progressed a lot. Our current alpha build version is 0.2.9: https://forum.nemcoin.com/index.php?topic=2382.0 and beta is approaching really quick. If everything goes well, official launch should be sometime at the end of October.

Please check the official NEM thread for more info: https://bitcointalksearch.org/topic/nem-xem-official-thread-100-new-code-easy-to-use-apis-654845

Cheers

it's a good news
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
If somebody missed it: Alpha Build 0.0.59 Is Available.

Please check the NEM Forum for more info: http://forum.nemcoin.com/index.php?topic=2230.0

Wow, great news!

Cheers  Smiley

Hi evoked22,

In the meantime we have progressed a lot. Our current alpha build version is 0.2.9: https://forum.nemcoin.com/index.php?topic=2382.0 and beta is approaching really quick. If everything goes well, official launch should be sometime at the end of October.

Please check the official NEM thread for more info: https://bitcointalksearch.org/topic/nem-xem-official-thread-100-new-code-easy-to-use-apis-654845

Cheers
sr. member
Activity: 308
Merit: 250
If somebody missed it: Alpha Build 0.0.59 Is Available.

Please check the NEM Forum for more info: http://forum.nemcoin.com/index.php?topic=2230.0

Wow, great news!

Cheers  Smiley
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
If somebody missed it: Alpha Build 0.0.59 Is Available.

Please check the NEM Forum for more info: http://forum.nemcoin.com/index.php?topic=2230.0
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
Thinking of investing but not quite sure how NEM is different than a NXT clone with superficial changes? Can someone explain why I should buy NEM instead of NXT?

Thanks.

 You understand how capitalization works, yes?  It's a lot easier for NEM to hit $20 million than for NxT to hit $500 million, in order to see a ten fold return.  Now you may retort and ask why would NEM hit $20 million?  And why wouldn't NxT hit $500 million?  

Easy.  Fair distribution to 2800, which ensures stability as no whales have unfair influence or advantage.  Second - technological innovation, even to the extent that NxT's lead developer wants to copy proof of intent.  There's a general aversion among investors to avoid investing in a 'great quick rich scheme' which benefits a few handful of early birds who continuously dump to cash out.  Hence that distribution caused NxT's capitalization to decline a great deal and placed a cap on its' growth.

https://nxtforum.org/pub-crawl/come-from-beyond-and-nem/

Ironically NEM is actually more innovative than NxT.  NEM can easily incorporate 'side features' like the asset exchange.  NxT on the other hand can't incorporate 'main features' like NEM's PoI, without undergoing a long extensive complete overhaul taking a year (which would be vetoed by the whales as PoS is more profitable for them than PoI) and that's assuming even IF they can get NEM's source codes.  In that regard, NEM will always be a step ahead of NxT.  The 'side features' don't matter in the long run as they're not proprietary and arguably it's lipstick on the pig.  
  
As for NxT's capitalization, you obviously must not had known about NxT long ago.  I was an early adopter of NxT and I am still waiting for it to recover to $0.11.  NxT tanked after its' distribution became known and for awhile was worth less than Doge Coin, then temporarily went back up (which apparently was a huge orchestration by a guy called John who then stole a lot of money) and now it's on the decline again.



With comments like this you only end up doing a disservice to NEM. Please think twice and refrain from continuing this series of antagonizing posts.

What do I miss here? This comment is fairly accurate. It is true that:

1. It is easier for NEM to go up 5 folds to 25million cap than for NXT to go 5 folds to 250 million cap. It is a matter of catching up is easier than innovating.

2. Side features are easier to incorporate than core features.

3. NXT has a distribution problem.

Anyway you guys have to stop asking people not saying their opinions.  I don't see how this post is doing a disservice to NEM.



I do agree with ARGpentem here. I don't find the post to be that negative, but rather fairly rational.

That being said, this isn't the NXT forum and I think we should try to focus on NEM and community building here, rather than talking about potential competitors all the time.
hero member
Activity: 756
Merit: 506
I don't like rebutting your post point by point but there is a such thing like opinion. TS offered his opinion. He obviously does not like NXT very much but he is entitled to his opinion. It puzzles me that some of you think his opinion will harm NEM.

his opinion is not the issue, its the manner in which he expresses it and the incorrect facts he uses to express his opinion that is the issue. i didnt say dont say you dont like nxt or dont say it had bad distribution at launch. so im in no way trying to censor people opinions.

You can ignore him if you want.

that doesnt solve anything, he would still be giving unsuspecting people false information. if i was to block him, i may not see and be able to correct any of his future posts that are false and/or misleading. that post is totally believable to anyone who doesn't know allot. i dont correct him because of his opinion,  its just to prevent someone from getting wrong information from his posts or prevent them being mislead and hopefully prevent lose of finances due to false or misleading info.

The ad hominens, cherry picking (straw man arguments) and hyperbole examples are logical fallacies and does not disprove what I wrote.  Anyone can use the Google machine and confirm the facts about NxT's distribution and all their recent scandals.

 NEM is a better and stronger community.  It's a 180 in community direction if we can't point out the flaws in NxT's distribution.  

By the way,  as for the character assassination, no one has ever came to me in a private message and accused me of causing them to lose finances.  On the contrary, I have had multiple people thank me for getting them into NEM.  I'm not taking credit for anything but you are trying to present the image that I somehow caused people to lose money and I am pointing out the factual opposite. 
full member
Activity: 154
Merit: 100
I don't like rebutting your post point by point but there is a such thing like opinion. TS offered his opinion. He obviously does not like NXT very much but he is entitled to his opinion. It puzzles me that some of you think his opinion will harm NEM.

his opinion is not the issue, its the manner in which he expresses it and the incorrect facts he uses to express his opinion that is the issue. i didnt say dont say you dont like nxt or dont say it had bad distribution at launch. so im in no way trying to censor people opinions.

You can ignore him if you want.

that doesnt solve anything, he would still be giving unsuspecting people false information. if i was to block him, i may not see and be able to correct any of his future posts that are false and/or misleading. that post is totally believable to anyone who doesn't know allot. i dont correct him because of his opinion,  its just to prevent someone from getting wrong information from his posts or prevent them being mislead and hopefully prevent lose of finances due to false or misleading info.

Maybe he hate NXT because CFB set a bounty to expose his identity for no obvious reason. I like him as a Nemster and see no harm in his personal opinion.
full member
Activity: 154
Merit: 100
Thinking of investing but not quite sure how NEM is different than a NXT clone with superficial changes? Can someone explain why I should buy NEM instead of NXT?

Thanks.

 You understand how capitalization works, yes?  It's a lot easier for NEM to hit $20 million than for NxT to hit $500 million, in order to see a ten fold return.  Now you may retort and ask why would NEM hit $20 million?  And why wouldn't NxT hit $500 million?  

Easy.  Fair distribution to 2800, which ensures stability as no whales have unfair influence or advantage.  Second - technological innovation, even to the extent that NxT's lead developer wants to copy proof of intent.  There's a general aversion among investors to avoid investing in a 'great quick rich scheme' which benefits a few handful of early birds who continuously dump to cash out.  Hence that distribution caused NxT's capitalization to decline a great deal and placed a cap on its' growth.

https://nxtforum.org/pub-crawl/come-from-beyond-and-nem/

Ironically NEM is actually more innovative than NxT.  NEM can easily incorporate 'side features' like the asset exchange.  NxT on the other hand can't incorporate 'main features' like NEM's PoI, without undergoing a long extensive complete overhaul taking a year (which would be vetoed by the whales as PoS is more profitable for them than PoI) and that's assuming even IF they can get NEM's source codes.  In that regard, NEM will always be a step ahead of NxT.  The 'side features' don't matter in the long run as they're not proprietary and arguably it's lipstick on the pig.  
  
As for NxT's capitalization, you obviously must not had known about NxT long ago.  I was an early adopter of NxT and I am still waiting for it to recover to $0.11.  NxT tanked after its' distribution became known and for awhile was worth less than Doge Coin, then temporarily went back up (which apparently was a huge orchestration by a guy called John who then stole a lot of money) and now it's on the decline again.



With comments like this you only end up doing a disservice to NEM. Please think twice and refrain from continuing this series of antagonizing posts.

What do I miss here? This comment is fairly accurate. It is true that:

1. It is easier for NEM to go up 5 folds to 25million cap than for NXT to go 5 folds to 250 million cap. It is a matter of catching up is easier than innovating.

2. Side features are easier to incorporate than core features.

3. NXT has a distribution problem.

Anyway you guys have to stop asking people not saying their opinions.  I don't see how this post is doing a disservice to NEM.

hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Thinking of investing but not quite sure how NEM is different than a NXT clone with superficial changes? Can someone explain why I should buy NEM instead of NXT?

Thanks.

 You understand how capitalization works, yes?  It's a lot easier for NEM to hit $20 million than for NxT to hit $500 million, in order to see a ten fold return.  Now you may retort and ask why would NEM hit $20 million?  And why wouldn't NxT hit $500 million?  

Easy.  Fair distribution to 2800, which ensures stability as no whales have unfair influence or advantage.  Second - technological innovation, even to the extent that NxT's lead developer wants to copy proof of intent.  There's a general aversion among investors to avoid investing in a 'great quick rich scheme' which benefits a few handful of early birds who continuously dump to cash out.  Hence that distribution caused NxT's capitalization to decline a great deal and placed a cap on its' growth.

https://nxtforum.org/pub-crawl/come-from-beyond-and-nem/

Ironically NEM is actually more innovative than NxT.  NEM can easily incorporate 'side features' like the asset exchange.  NxT on the other hand can't incorporate 'main features' like NEM's PoI, without undergoing a long extensive complete overhaul taking a year (which would be vetoed by the whales as PoS is more profitable for them than PoI) and that's assuming even IF they can get NEM's source codes.  In that regard, NEM will always be a step ahead of NxT.  The 'side features' don't matter in the long run as they're not proprietary and arguably it's lipstick on the pig.  
  
As for NxT's capitalization, you obviously must not had known about NxT long ago.  I was an early adopter of NxT and I am still waiting for it to recover to $0.11.  NxT tanked after its' distribution became known and for awhile was worth less than Doge Coin, then temporarily went back up (which apparently was a huge orchestration by a guy called John who then stole a lot of money) and now it's on the decline again.



With comments like this you only end up doing a disservice to NEM. Please think twice and refrain from continuing this series of antagonizing posts.
hero member
Activity: 756
Merit: 506
Thinking of investing but not quite sure how NEM is different than a NXT clone with superficial changes? Can someone explain why I should buy NEM instead of NXT?

Thanks.

 You understand how capitalization works, yes?  It's a lot easier for NEM to hit $20 million than for NxT to hit $500 million, in order to see a ten fold return.  Now you may retort and ask why would NEM hit $20 million?  And why wouldn't NxT hit $500 million?  

Easy.  Fair distribution to 2800, which ensures stability as no whales have unfair influence or advantage.  Second - technological innovation, even to the extent that NxT's lead developer wants to copy proof of intent.  There's a general aversion among investors to avoid investing in a 'great quick rich scheme' which benefits a few handful of early birds who continuously dump to cash out.  Hence that distribution caused NxT's capitalization to decline a great deal and placed a cap on its' growth.

https://nxtforum.org/pub-crawl/come-from-beyond-and-nem/

Ironically NEM is actually more innovative than NxT.  NEM can easily incorporate 'side features' like the asset exchange.  NxT on the other hand can't incorporate 'main features' like NEM's PoI, without undergoing a long extensive complete overhaul taking a year (which would be vetoed by the whales as PoS is more profitable for them than PoI) and that's assuming even IF they can get NEM's source codes.  In that regard, NEM will always be a step ahead of NxT.  The 'side features' don't matter in the long run as they're not proprietary and arguably it's lipstick on the pig.  
  
As for NxT's capitalization, you obviously must not had known about NxT long ago.  I was an early adopter of NxT and I am still waiting for it to recover to $0.11.  NxT tanked after its' distribution became known and for awhile was worth less than Doge Coin, then temporarily went back up (which apparently was a huge orchestration by a guy called John who then stole a lot of money) and now it's on the decline again.

hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Thinking of investing but not quite sure how NEM is different than a NXT clone with superficial changes? Can someone explain why I should buy NEM instead of NXT?

Thanks.

Please read the first page, it's especially designed to help with this question.
hero member
Activity: 980
Merit: 1001
Thinking of investing but not quite sure how NEM is different than a NXT clone with superficial changes? Can someone explain why I should buy NEM instead of NXT?

Thanks.

You didn't even read the handout did you ?
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