Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1168. (Read 2985369 times)

Already in development https://bitcointalksearch.org/topic/annvtr-vtorrent-share-with-freedom-2fa-hd-bittrex-889481

When you see posts about blocking of torrent forums



Let's help a torrent forums and in nembex for them we will allocate some place which will be enough for them to become the decentralized torrent trackers?

The torrent of a network is an initial basis of all decentralized networks. And now our basis very much needs the help from the decentralized crypto platforms.

Idea :

Integration in the client NEM torrent of the client. Thus in the client of NEM it will be possible to carry out not only support of the NEM network, but also to carry out support of torrents.

thanks @ Tompa

from: http://support.ournem.com/knowledgebase.php?article=13

Which is better? Local or delegated harvesting?

Local harvesting is the default option and implies you are harvesting on your local computer where you have both the node (NIS) and the wallet (NCC) present. Simple to use. All the control of NEM, XEM, uptime and harvesting is in one machine and it's owner. When that machine is not working (or disconnected) there is no supporting of the NEM network, no harvesting and no synchronizing with the network - that means that when that machine is started again it can take some time before it is synced with the network so that transactions can be seen or made.

If 24/7 harvesting is planned on local, everyday PC, the cost of electricity will be higher than setting up a node on some VPS or Raspberry Pi

 

Delegated harvesting is awesome and uniqe feature of NEM. It implies transfering of your importance to some other node (NIS) (it can be whatever node your wallet (NCC) connects to - even your own and even local). To enable delegated harvesting the transfer of the importance must be done by a special transaction and it needs time (6 hours). After it is activated, wallet (NCC) can access a remote (or local) node (NIS) and harvest using the resources of that node even if the computer where the wallet is turned off or offline.

For example: my friend has a Raspberry Pi that is always online and working. He installs NIS on it and both my friend and I can connect with our desktop PCs to that Raspberry Pi computer to harvest, issue transactions etc. When either or both of us turn off our PCs, harvesting will continue for both of us.

Security is very high or even better then local harvesting since no keys left our PCs. So if his Raspberry Pi is hacked or stolen or whatever - we are safe. Like we used offline wallets. Also, when if we dont turn on our PCs for a month and then want to check our XEM balance or issue transactions we don't have to wait for the syncing of the NIS because Raspberry was doing that all the time. The drawback is that I have to relay on my friend that he will have that Raspberry Pi working.

For both types of harvesting the account must have at least 10 000 XEM vested.

 

Pros and cons:

Local harvesting:

+ No setup required - just click Start local harvesting

- No offline harvesting

- Time to synchronize if turned off for a while

- Potential security risk from unauthorized access to the machine because of available wallet files

- Higher cost for electricity if run on regular PC vs delegated on VPS or Raspberry Pi

 

Delegated harvesting:

+ Better security because wallet is not on the same computer that is exposed to the network

+ Lower cost of harvesting

+ Fast connecting to the network (no syncing)

+ Always harvesting (even if desktop/main PC is turned off)

- Needs time to activate/deactivate (6 hours)

- Needs the address of the remote node (if localhost is not used)

 

Importance is the same on both options so harvesting chance and/or rewards will be the same either way.

If delegated harvesting is used to harvest on local (same) computer than it is virtually the same as local harvesting.

 

More detailed explanation how local and delegated harvesting works:

http://blog.nem.io/how-local-and-delegated-harvesting-works/

what are the benefits of the delegated harvesting

Correct

XEM Auction is here again!!

https://forum.ournem.com/nem-news-alerts/yes!-auction-2-is-live-now!!-3175/msg16559/#msg16559

If there is a problem it makes it easier for them to identify the transaction in their system

I think you'll need to pm someone that is already there and ask him to add you to the group.
rockethead, makoto1337, mixmaster should all be able to help you i think.

Anyone know how to find the NEM chat area in telegram?

When you're at the bottom, the only way is up!  As further developments, support and features appear, XEM will become a more attractive investment, increasing its market cap, and as a result its price.

we need low prices so all shorters go away

After going down comes going up.
Then comes going down again, and then going up again......
We don't need to be short-sighted.
Nem's future is full of hope, so the price will go up gradually after all.

Still the price is going down and no interest showed! 

Good to know. This is very important information. Should be bolded in front pages of FAQ or beginer tutorials.

Thank you for your correction. I think it would be great if we could have some more info about vesting. We get a lot of similar vesting-related questions and I think it would be very helpful to have info about vesting put on FAQ or Knowledgebase.

I don't think that's how it works.
I think only the not vested balance is taken into account and therefore the 10% are smaller than before.
Day 1 it's 10% of 20000
Day 2 it's 10% of (20000 - vested from day 1)
...

So I'm guessing it'll take about a week before you're able to harvest with a balance of 20k.

/edit: Quickly whiped out some python and if I haven't fucked up this is what it should be like (don't count on it though...it's early)

day 1: 2000 vested out of 20000
day 2: 3800 vested out of 20000
day 3: 5420 vested out of 20000
day 4: 6878 vested out of 20000
day 5: 8190 vested out of 20000
day 6: 9371 vested out of 20000
day 7: 10433 vested out of 20000

The vesting is happening at the rate of 10% per day. So if you transfer 20K today, tomorrow you will have 2K vested, day after tomorrow it will be 4K vested etc...

It is not needed... You may leave it blank

When depositing XEM on Poloniex it is needed so that they can distinguish your deposit from others (they use one NEM address for all deposits as I remember)

Thank you for help.
I have one more question, What if had about 20k of XEM, how many time i need to get them on vested balnce(10k) and to start harvesting?