NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1093.

TaunSew

hero member

Activity: 756

Merit: 506

Quote from: rigel on June 12, 2015, 02:11:45 PM

Quote from: Mhr3io on June 12, 2015, 12:43:33 PM

read this but not understand nem. new economy moment?

What is that you don't understand?

The new economy to destroy the old economy. The withering away of NEM capitalization is the destruction of western fiat. The NEM is changing the way we deal with the world and soon it will bring an utopian future for all those oppressed by the injustices inherent within the system.

rigel

legendary

Activity: 1240

Merit: 1001

Thank God I'm an atheist

Quote from: Mhr3io on June 12, 2015, 12:43:33 PM

read this but not understand nem. new economy moment?

What is that you don't understand?

Mhr3io

newbie

Activity: 30

Merit: 0

read this but not understand nem. new economy moment?

yabit

hero member

Activity: 658

Merit: 500

Quote from: jabo38 on June 12, 2015, 10:24:52 AM

Quote from: yabit on June 12, 2015, 06:58:55 AM

Quote from: makoto1337 on June 11, 2015, 01:00:55 AM

I can't believe almost all of us are hero members now Shocked

I mean hero NEMbers Wink

not all, but I'm working on it ...

Like three more months to go. Your post count is already high enough.

Three more month ? Date Registered: 18-06-2011 ! Don't know how they manage the member status. But doesn't matter, much more important is my NEMber status!

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Quote from: yabit on June 12, 2015, 06:58:55 AM

Quote from: makoto1337 on June 11, 2015, 01:00:55 AM

I can't believe almost all of us are hero members now Shocked

I mean hero NEMbers Wink

not all, but I'm working on it ...

Like three more months to go. Your post count is already high enough.

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Tip bot is going crazy in Slack. Great way to get a few coins to test a wallet if you need them.

yabit

hero member

Activity: 658

Merit: 500

Quote from: makoto1337 on June 11, 2015, 01:00:55 AM

I can't believe almost all of us are hero members now Shocked

I mean hero NEMbers Wink

not all, but I'm working on it ...

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: XbladeX on June 12, 2015, 06:40:19 AM

Quote from: Eadeqa on June 12, 2015, 04:45:57 AM

.... I won't expect any major price jump at least for next 5 to 10 years

Without any scam your coin can lose 20x value like LTC PPC and jump 10x in month.
The true is EVERY coin go 10x up or down premined or not.

about major price jump all depends what technology will NEM bring at end and interest
without interest every coin will be down over time.

Devs holding big chunk of coin is not bad for me - thye have bigger motivation to work around it.
NEM client is on version 0.6.31 this is long way to 1.0.

People will dump/buy NEM this is normal who cares. Will devs dump coins ? off course but you want dump them too when pump will come ( i mean price).

True. Price jumps happen for no good reason most of the time.

They are not holding it back. They are merely using them to fund some important projects. They are also being distributed with auctions. The devs only own however many stakes they got as payment for being devs. Their incentive to work on NEM is no bigger than if all XEM had been distributed at launch.

It can be a long way from 0.6.31 to 1.0 but it can also be only 0.7, 0.8, 0.9 and 1.0.

Nobody even knows if V1 will actually be 1.0. The name does suggest it but it's really only the point in time when NEM is feature-complete (as in the features that were initially planned. Of course there will still be ongoing development after that) which could also be at 0.8.

It's more about adoption than technology imho. You can have all the buzzy features. If noone uses them all you did was waste a lot of time.

If you look at NEMESIS you don't need to be einstein to find out which accounts belong to the devs. If you look at those accounts they haven't actually dumped much of anything.

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: Eadeqa on June 12, 2015, 04:45:57 AM

.... I won't expect any major price jump at least for next 5 to 10 years

Without any scam your coin can lose 20x value like LTC PPC and jump 10x in month.
The true is EVERY coin go 10x up or down premined or not.

about major price jump all depends what technology will NEM bring at end and interest
without interest every coin will be down over time.

Devs holding big chunk of coin is not bad for me - thye have bigger motivation to work around it.
NEM client is on version 0.6.31 this is long way to 1.0.

People will dump/buy NEM this is normal who cares. Will devs dump coins ? off course but you want dump them too when pump will come ( i mean price).

andme

legendary

Activity: 1422

Merit: 1029

Quote from: Eadeqa on June 12, 2015, 04:45:57 AM

...
Just a slight problem with these numbers. Nem marketcap is fake. 50% of the coins are not even distributed. And that doesn't include all the sock puppets and large stakes (55 each) that developers are holding.

Expect the prices to drop as more and more of these coins are dumped, especially if if interest drops. Given the amount of coins still not distributed, I won't expect any major price jump at least for next 5 to 10 years

In this case the marketcap is not main argument, as well as the price (though look at Volume 24h). Perhaps it is more convenient for Alexandria to deal with NEM technologically. It is also clear NEM will be more common than FLO.

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: andme on June 12, 2015, 04:04:56 AM

There is a very interesting development of Alexandria. The altcoin FLO (Florincoin) attached currently to Alexandria platform. However, in a recent interview the CEO Devon Read said:

Quote

Florincoin is a two year old fork of litecoin that was the first cryptocurrency to offer built in support for transaction comments. Each tx gives us 528 bytes of data at the cost of .25 FLO in miner fees. So when a user publishes an artifact, we can store not just the hash that the Alexandria browser uses to find the media itself in the IPFS DHT, but also a fair amount of descriptive info, genre, tags, references to additional media like thumbnail images and tipping/payment info. Some argue that using an alt is a bad idea because of the history of p&d scams in altcoins, but we think those kinds of things can be overcome and that this is the best solution for our “invisible index database” but we certainly have an open mind about it - really we just want to create the best platform we can, and if ultimately that requires changing one particular piece in the puzzle, or even many of them, we’ll have no qualms doing so.

Compare the current status of FLO and XEM:

FLO:
  Available Supply 84,164,850 FLO
  Market Cap $ 128,378 (559 BTC)
  Volume (24h) $ 657 (3 BTC)

NEM:
  Available Supply 8,999,999,999 XEM
  Market Cap $ 1,292,067 (5,626 BTC)
  Volume (24h) $ 6,040 (26 BTC)

NEM also has the ability to text messages in transactions, up to 512 bytes. In addition, NEM has a much greater potential than FLO. So I suggest, who is fluent in English and can substantiate technical reason, immediately suggest to Alexandria mutually beneficial alliance.

Just a slight problem with these numbers. Nem marketcap is fake. 50% of the coins are not even distributed. And that doesn't include all the sock puppets and large stakes (55 each) that developers are holding.

Expect the prices to drop as more and more of these coins are dumped, especially if if interest drops. Given the amount of coins still not distributed, I won't expect any major price jump at least for next 5 to 10 years

andme

legendary

Activity: 1422

Merit: 1029

There is a very interesting development of Alexandria. The altcoin FLO (Florincoin) attached currently to Alexandria platform. However, in a recent interview the CEO Devon Read said:

Quote

Florincoin is a two year old fork of litecoin that was the first cryptocurrency to offer built in support for transaction comments. Each tx gives us 528 bytes of data at the cost of .25 FLO in miner fees. So when a user publishes an artifact, we can store not just the hash that the Alexandria browser uses to find the media itself in the IPFS DHT, but also a fair amount of descriptive info, genre, tags, references to additional media like thumbnail images and tipping/payment info. Some argue that using an alt is a bad idea because of the history of p&d scams in altcoins, but we think those kinds of things can be overcome and that this is the best solution for our “invisible index database” but we certainly have an open mind about it - really we just want to create the best platform we can, and if ultimately that requires changing one particular piece in the puzzle, or even many of them, we’ll have no qualms doing so.

Compare the current status of FLO and XEM:

FLO:
Available Supply 84,164,850 FLO
Market Cap $ 128,378 (559 BTC)
Volume (24h) $ 657 (3 BTC)

NEM:
Available Supply 8,999,999,999 XEM
Market Cap $ 1,292,067 (5,626 BTC)
Volume (24h) $ 6,040 (26 BTC)

NEM also has the ability to text messages in transactions, up to 512 bytes. In addition, NEM has a much greater potential than FLO. So I suggest, who is fluent in English and can substantiate technical reason, immediately suggest to Alexandria mutually beneficial alliance.

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Good news. Lately we have been testing connecting IRC <-> Slack <-> Telegram.

Many of you have heard us say that most of the work is taking place there.

Today we have a tipbot set up in Slack and I will give any newbie some XEM to test a wallet.

It is the best way to get some XEM quickly and easily to test your wallet.

Please go here and follow the instructions. https://nemslack.herokuapp.com/

Once you are in the Slack #general chat, say hi ask somebody for some starter coins and give them your address.

Super easy :-)

makoto1337

legendary

Activity: 1596

Merit: 1000

I am not Dorian Nakamoto.

Quote from: choochimil on June 11, 2015, 03:15:20 AM

Are the late/socks still getting their nem? I feel like there is not much being said about this when i'm just as excited as the rest.

Sorry for being so behind on it. There's a good reason, trust me!

Yes, I am going to process everything within a week or so. Sorry for the delay.

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Quote from: choochimil on June 11, 2015, 03:15:20 AM

Are the late/socks still getting their nem? I feel like there is not much being said about this when i'm just as excited as the rest.

Makoto said the other day there are still about 90 outstanding cases in his inbox.

choochimil

sr. member

Activity: 266

Merit: 250

Are the late/socks still getting their nem? I feel like there is not much being said about this when i'm just as excited as the rest.

NorrisK

legendary

Activity: 1946

Merit: 1007

Quote from: makoto1337 on June 11, 2015, 01:00:55 AM

I can't believe almost all of us are hero members now Shocked

I mean hero NEMbers Wink

Most members joined NEM when they were around a jr member / member I guess. Good to see that they remained active all the time

Maybe it will also attract a lot of new members in the next bitcoin boom that will see a domination here with hero members Cheesy

makoto1337

legendary

Activity: 1596

Merit: 1000

I am not Dorian Nakamoto.

I can't believe almost all of us are hero members now Shocked

I mean hero NEMbers Wink

mladen00

legendary

Activity: 2124

Merit: 1013

K-ing®

Quote from: wiser on June 10, 2015, 11:48:45 PM

Quote from: mladen00 on June 10, 2015, 11:39:38 PM

Quote from: wiser on June 10, 2015, 09:13:45 PM

I just downloaded and installed 0.6.31. I'm trying to run it but I can't open my wallet because NIS is not available. Any ideas? I just wanted to check my balance and check to see if my remote account was still doing delegated harvesting since I last checked. I got the NIS is not available message under the old version I was running so I upgraded, but that didn't solve the problem. I may try the telegram chat later, but wanted to put this message out for now.

same problem here

I got it figured out, thanks to the Telegram chat.

when the NEM program opens up a tab on your browser, the portal to get into your wallet, on that page is a settings tab at the top. Click on it and it will allow you to change the host to "localhost." That should usually do it. Alternatively, you can go to http://www.nodeexplorer.com/ and pick one of the IP addresses there. Go through until you find one that works. That will save you from having to download the blockchain to your PC. If the first IP address doesn't work, pick a different one.

Those are also nodes you can try for delegated harvesting. Since I don't have my own node yet I try to harvest off one on the list. I usually go to somewhere in the middle, then try a few nodes until I find one that isn't full.

Anyway, it seems I forget this every time... Hopefully writing it here will help me remember next time.

thnx

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Quote from: rigel on June 10, 2015, 02:02:30 PM

Quote from: jabo38 on June 10, 2015, 06:09:18 AM

It is easy enough to make a white list of say the top 50 nodes that day in and day out are always up and going. At that point a thin client could just go through its white list and randomly pick one.

The server publishing the list becomes a single point of failure and an obvious target for attacks.

Ahhh, I was thinking the white list would be inserted into the NCC stand alone download. So it wouldn't query anbody, it would just have all the IP's in a list in a file and start checking them very quickly until it found one it liked. With each update, a new white list would be updated.

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1093. (Read 2985369 times)