Author

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1266. (Read 2985503 times)

hero member
Activity: 588
Merit: 500
Glad to see that the launch happened smoothly with no major problems. Smiley

Just a few questions though:

1.) I have a NEM private key and address. I looked up my address on the block explorer and all my coins seem to be there. Is there a timeframe in which I have to enter my private key into the client or can collect my real NEM a week/month/year from now? I assume it's the latter?

2.) Why does it say "Status: Locked"?

3.) Can I start forging without doing any transactions? Just the NEM sitting in my account from the genesis block? According to the block explorer, my importance score is 0.1%. Is this good?

4.) Is Poloniex the only exchange that NEM is currently trading on? I only bought 0.1 NEMstake which means I only have 225,000 coins and I'd like to bring this number up to 1,000,000 eventually.

1) As long as you have your private key, you can access your funds at any time as long as NEM itself still exists.

2) Not sure.

3) Yes, if your account is in the Nemesis block then it is fully vested and ready to harvest right away. As for your importance score, I don't think there is really any way to tell if it is "good" or not. The higher the better, of course.

4) Currently only Poloniex but BTC38 and Bittrex should have XEM up for trading sometime soon.
sr. member
Activity: 406
Merit: 250
Glad to see that the launch happened smoothly with no major problems. Smiley

Just a few questions though:

1.) I have a NEM private key and address. I looked up my address on the block explorer and all my coins seem to be there. Is there a timeframe in which I have to enter my private key into the client or can collect my real NEM a week/month/year from now? I assume it's the latter?

2.) Why does it say "Status: Locked"?

3.) Can I start forging without doing any transactions? Just the NEM sitting in my account from the genesis block? According to the block explorer, my importance score is 0.1%. Is this good?

4.) Is Poloniex the only exchange that NEM is currently trading on? I only bought 0.1 NEMstake which means I only have 225,000 coins and I'd like to bring this number up to 1,000,000 eventually.
member
Activity: 100
Merit: 10
If I have multiple wallets does the settings menu affect all wallets? Specifically, if I enter a host in remote server, do all my wallets have to delegate to that same remote server?
member
Activity: 85
Merit: 10
i am surprised

NEM really exists !
legendary
Activity: 2142
Merit: 1010
Newbie
Lol,  iam not sure CFB  is it gibe or what is your goal? Do you believe in NEM? Lets tell us more...

My goal... Will you believe if I say that my goal is to make this world better?
hero member
Activity: 504
Merit: 500
Can I access my wallet from another PC?
hero member
Activity: 504
Merit: 500
70 sat lol Grin
All the Tired Horses Cheesy

https://youtu.be/svUY2e1V9Vo

This is just the beginning ,Don't worry about short term price fluctuations
newbie
Activity: 10
Merit: 0
No remote NIS found in the network, disconnected from internet? (at block 1)

Where is problem???

any solution?  Huh
legendary
Activity: 1918
Merit: 1001
Are there any stats on how many new accounts have been created and how many people hove dumped their stakes?
legendary
Activity: 1447
Merit: 1028
Well, launch went smoothly, price keeps growing. What is the next step?

Lol,  iam not sure CFB  is it gibe or what is your goal? Do you believe in NEM? Lets tell us more...
full member
Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
In the mean time, can any of NEM expert please help me here:

https://forum.ournem.com/general-discussion/quetions-regarding-public-nem-node-and-xem-rewards/

Hi,

Just like NXT, I'm going to make a Public NEM node. It'll be accessible by it's standard ports, as well as via port 80 (using HTTP Proxy).

I know I read somewhere NEM distribution mentioning there'll be rewards for Public NEM nodes.

1. Have those rewards already started?
2. If now, when public nodes will be rewarded?
3. To get rewarded as Public node, is there anything needs to be done? example: giving or submitting Public node info to NEM admins or devs etc, so that public node gets rewarded?

I'll be creating this Public node on 1GB RAM VPS.

4. Do you think 1 GB RAM will be enough to run NEM Node? In my experience NXT node is running fine on 1 GB RAM VPS.
5. What are NEM experts opinion on allowing multiple harvesting on Public NEM Node? I can configure NEM node to allow multiple accounts to harvest.
6. Is there any recommended number to allow multiple harvesting on Public NEM Node?

On my NXT Node, I added hallmark generated for my NXT address.

7. Is there anything related to "hallmark" in NEM. To my little experience with NEM, I don't think so. But, still it's good to confirm to make better NEM Node.

8. Can you point me to any recommended Public Node post, thread, guide or how to?

Right now I just have some idea to tweak and optimize Java, and opening ports of NIS/NCC.

Cheers!
Satinder Smiley

1 & 2 & 3, details not released yet.

4 there are few transactions so 1gb should be fine. just remember to open port 7890 to inward and outward traffic or else the node wont be much help to the network.

5) & 6) i think is the most you should go to is 3.. i think one of the devs said before not to go over 3 but im not 100% on that. nothing wrong with allowing multiple harvesters, as long as you dont over load the node with too many harvesters.

7) i think naming your node and opening port 7890 to inward and outward traffic is the only thing you need to do.

Cool https://forum.ournem.com/vps-nodes/list-of-dedicated-vps-nodes-to-conect-nem/

Thanks @kodtycoon!

I'm installing it right now.

Any idea when there'll be more light shed on rewards related queries by? days, weeks, months??
legendary
Activity: 1246
Merit: 1000
^^ not sure.. i think they are implementing nem but i dont know when they will go live..

Coinomat offered a fiat gateway if their nemstakes were made redeemable.  It would be foolish if that offer was rejected.
legendary
Activity: 1146
Merit: 1000
Man, gotta say the wallet is indeed 1337.  Smiley
full member
Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
In the mean time, can any of NEM expert please help me here:

https://forum.ournem.com/general-discussion/quetions-regarding-public-nem-node-and-xem-rewards/

Hi,

Just like NXT, I'm going to make a Public NEM node. It'll be accessible by it's standard ports, as well as via port 80 (using HTTP Proxy).

I know I read somewhere NEM distribution mentioning there'll be rewards for Public NEM nodes.

1. Have those rewards already started?
2. If now, when public nodes will be rewarded?
3. To get rewarded as Public node, is there anything needs to be done? example: giving or submitting Public node info to NEM admins or devs etc, so that public node gets rewarded?

I'll be creating this Public node on 1GB RAM VPS.

4. Do you think 1 GB RAM will be enough to run NEM Node? In my experience NXT node is running fine on 1 GB RAM VPS.
5. What are NEM experts opinion on allowing multiple harvesting on Public NEM Node? I can configure NEM node to allow multiple accounts to harvest.
6. Is there any recommended number to allow multiple harvesting on Public NEM Node?

On my NXT Node, I added hallmark generated for my NXT address.

7. Is there anything related to "hallmark" in NEM. To my little experience with NEM, I don't think so. But, still it's good to confirm to make better NEM Node.

8. Can you point me to any recommended Public Node post, thread, guide or how to?

Right now I just have some idea to tweak and optimize Java, and opening ports of NIS/NCC.

Cheers!
Satinder Smiley
full member
Activity: 221
Merit: 100
Well, launch went smoothly, price keeps growing. What is the next step?

I dont know what the dev team priorities , but as a user I think we need more exchanges and possibly a fiat gateway.

Ps: @kodtycoon: Btw, when will we trade at bittrex?
legendary
Activity: 1568
Merit: 1002
What is the most secure setup for NIS in a VPS?

How to harvest with a remotely hosted NIS without exposing the private key?

thats the brilliance of delegated harvesting.. you dont give your private key to the nis on the server, you give the private key of a proxy address and the block rewards are forwarded to you. i could have full access to you server with nis that you are harvesting on and there is nothing i can do with the information on it, worthless to me..

http://blog.nem.io/how-to-use-delegated-harvesting/

I understand that a proxy address should be used. But I couldn't find any documentation that shows how to set the proxy address in delegate harvesting. Is the proxy address is the address/private key used by the NIS? In this case I would just create a new address to be used by the NIS and use the private key of that address in the NIS config?

when you "activate delegated harvesting" it does it automatically. when the 6 hours has passed, you can click into the "cog" settings next to your address top left, and click "display remote account private key" and that will show your proxy account private key but you dont even need to use that really.. when the 6 hours has passed, you will be able to click "start delegated harvesting" and that will send the proxy key over to what ever nis you are connected to and use that for harvesting so its all automated.

Thx kodtycoon for clarifying this point. I now see the remote private key +full info of the remote account. So when I activate the delegate harvesting a new remote account is being created and shared between my client/wallet and the remote NIS. When I enabled delegate harvesting I was connected to my local NIS. So in this case the remote private key/account is stored locally and shared between my local NIS and Local client?


yes the remote account is stored in your wallet file afaik so from now on as long as you keep that wallet file you shouldnt need to "activate delegated harvesting" again.. the private key of the proxy account is afaik, only sent to nis once you "start delegated harvesting".. is better security practice to use delegated harvesting on a local nis too cos you can then remove your main accounts private key from your wallet and store it on a USB key or something while continuing to harvest with the proxy key.. that way even if someone gets hold of your computer while you are harvesting locally, or someone hacks your computer, they cant steal the funds from your main account even though you are essentially harvesting with it on your local machine. Wink



Quote

If I wanna move to a remote NIS I would have to move the generate harvesting private key/account from my local NIS to the remote NIS? Or the client will take care of that automatically whenever I connect to a new remote NIS?

no, you just "stop delegated harvesting", change over to another nis by changing "host" in settings and then "start delegated harvesting" again and thats it.. you never actually need to know the private key or account number of the proxy account.

hero member
Activity: 700
Merit: 501
1000% ROI Masternode Coin
Well, launch went smoothly, price keeps growing. What is the next step?

Get the word out hopefully.
legendary
Activity: 2142
Merit: 1010
Newbie
Well, launch went smoothly, price keeps growing. What is the next step?
sr. member
Activity: 313
Merit: 252
What is the most secure setup for NIS in a VPS?

How to harvest with a remotely hosted NIS without exposing the private key?

thats the brilliance of delegated harvesting.. you dont give your private key to the nis on the server, you give the private key of a proxy address and the block rewards are forwarded to you. i could have full access to you server with nis that you are harvesting on and there is nothing i can do with the information on it, worthless to me..

http://blog.nem.io/how-to-use-delegated-harvesting/

I understand that a proxy address should be used. But I couldn't find any documentation that shows how to set the proxy address in delegate harvesting. Is the proxy address is the address/private key used by the NIS? In this case I would just create a new address to be used by the NIS and use the private key of that address in the NIS config?

when you "activate delegated harvesting" it does it automatically. when the 6 hours has passed, you can click into the "cog" settings next to your address top left, and click "display remote account private key" and that will show your proxy account private key but you dont even need to use that really.. when the 6 hours has passed, you will be able to click "start delegated harvesting" and that will send the proxy key over to what ever nis you are connected to and use that for harvesting so its all automated.

Thx kodtycoon for clarifying this point. I now see the remote private key +full info of the remote account. So when I activate the delegate harvesting a new remote account is being created and shared between my client/wallet and the remote NIS. When I enabled delegate harvesting I was connected to my local NIS. So in this case the remote private key/account is stored locally and shared between my local NIS and Local client?

If I wanna move to a remote NIS I would have to move the generate harvesting private key/account from my local NIS to the remote NIS? Or the client will take care of that automatically whenever I connect to a new remote NIS?
legendary
Activity: 866
Merit: 1002
Jump to: