NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 14.

ozie

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Quote from: jkoil on April 06, 2021, 08:52:17 AM

"very slow and a complete ghost town with no projects using it " ??

How it is then possible that there have been many projects which announced that they were using NEM blockchain?
How the slowness is measured? Compared to what?

Its easy because all these are bullshit projects that only produce hot air. Try to find one project that is using NIS1 Mainnet for their product.
Guess what, there are none. You can also have a look at the block explorer, most blocks are empty and those who have transactions are mostly transfers to and from exchanges and the occasional spam from Pontifier.

Slowness compared to Symbol and many other "modern" blockchains. Why would anyone choose NIS1 for his project when there are other much faster blockchains that also have much more features and are cheaper to use. The static fees alone make NIS1 not really usable for any serious business. NIS1 has to fork with any mayor price change or TX will either be too expensive or way to cheap.

bitalk1

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Deposits and withdrawals for XYM - Symbol are now open on the New Capital Exchange
https://new.capital/exchange/trade/XYM_BTC

jkoil

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Nxt NEM

Quote from: ozie on April 06, 2021, 08:22:29 AM

Quote from: btcsmlcmnr on April 06, 2021, 08:05:32 AM

They get f**** because they store their NEM on exchanges and rely on exchange allocations or allowances to deposit, withdrawal.

If they opt in in their accounts, they can move their claimed Symbol to any lively exchanges. Many exchanges to trade Symbol.

What you argued can be used to talk about DeFi too. Are DeFi tokens better than NEM or Symbol?

I do agree that this is partially the fault of these people. BUT the NEM Group stated that they are working closely with exchanges in the BETA phase of Symbol to enable them to smoothly integrate the wallet. Sounded like everything will be available directly after Snapshot because the NEM Group was working really closely with the exchanges. This turned out to be completely bullshit as always when the NEM Group/Foundation or whatever they are called in this iteration promises stuff.

The whole snapshot thing barely worked and there where a lot of misinformation floating around mainly because of unclear or lacking communication from the NEM Group.

As for NEM literally every other Blockchain is better than this steaming pile of shit. Old tech, very slow and a complete ghost town with no projects using it whatsoever. Symbol has much better tech but marketing wise they are failing as hard as before.

"very slow and a complete ghost town with no projects using it " ??

How it is then possible that there have been many projects which announced that they were using NEM blockchain?
How the slowness is measured? Compared to what?

ozie

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Activity: 239

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Quote from: btcsmlcmnr on April 06, 2021, 08:05:32 AM

They get f**** because they store their NEM on exchanges and rely on exchange allocations or allowances to deposit, withdrawal.

If they opt in in their accounts, they can move their claimed Symbol to any lively exchanges. Many exchanges to trade Symbol.

What you argued can be used to talk about DeFi too. Are DeFi tokens better than NEM or Symbol?

I do agree that this is partially the fault of these people. BUT the NEM Group stated that they are working closely with exchanges in the BETA phase of Symbol to enable them to smoothly integrate the wallet. Sounded like everything will be available directly after Snapshot because the NEM Group was working really closely with the exchanges. This turned out to be completely bullshit as always when the NEM Group/Foundation or whatever they are called in this iteration promises stuff.

The whole snapshot thing barely worked and there where a lot of misinformation floating around mainly because of unclear or lacking communication from the NEM Group.

As for NEM literally every other Blockchain is better than this steaming pile of shit. Old tech, very slow and a complete ghost town with no projects using it whatsoever. Symbol has much better tech but marketing wise they are failing as hard as before.

btcsmlcmnr

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Quote from: ozie on April 06, 2021, 04:50:51 AM

And while most are getting fucked by the exchanges some more privileged are enjoying a HUGE premine from he ridiculous inflation curve.

They get f**** because they store their NEM on exchanges and rely on exchange allocations or allowances to deposit, withdrawal.

If they opt in in their accounts, they can move their claimed Symbol to any lively exchanges. Many exchanges to trade Symbol.

What you argued can be used to talk about DeFi too. Are DeFi tokens better than NEM or Symbol?

ozie

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Enjoy their newest Scam called Symbol. Harvesting is now even more in favor of big accounts and supernodes. And while most are getting fucked by the exchanges some more privileged are enjoying a HUGE premine from he ridiculous inflation curve. Every block mined raises your importance over accounts that are not harvesting. Being late to that party means that you will be always at a disadvantage.

These retards are telling that its the same inflation curve than BTC "just" with annual halving. Tokenomics where done by the husband of Alex Tinsman so that explains it all.

SmartMiner.Pro

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XEM scam, COMSA scam, all projects of "Tech Bureau" - scam.
I lost 30 BTC in COMSA scam, so I know what I'm talking about.

jkoil

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Nxt NEM

Quote from: MrWhiteBites on April 05, 2021, 12:09:22 PM

Quote from: republicrypto on April 04, 2021, 04:33:44 PM

NEM Group partners with Rainforest Foundation to empower communities to save the rainforest

[img---

At NEM Group, we believe in community and the importance of ecosystems. We want to be part of the change to create a new, fairer economy and to enable our community to participate and contribute.

That’s why we are proud to announce our partnership with the Rainforest Foundation.

source https://nem.io/news/nem-group-partners-with-rainforest-foundation-to-empower-communities-to-save-the-rainforest/
regards

I really dont know if i want to LAUGH or CRY about this news. Hitting new lows of "partnerships" thats for sure. What next? Partnership with HitBTC?

https://probonoaustralia.com.au/news/2018/02/former-charity-head-found-guilty-misusing-grant-money/

"A former managing director of the Australian Rainforest Foundation (ARF) has been sentenced to 12 months imprisonment following an investigation into the misuse of almost $45,000 in Australian government funding.
"

All these "Foundations" are Scams, barely any of the donations ever go to where they are meant to.

If they all are scams, there would be several judgements.
Now you found only one. And that Foundation was from the other side of the Earth than the Rainforest Foundation.

MrWhiteBites

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Im the One who Knocks.

Quote from: republicrypto on April 04, 2021, 04:33:44 PM

NEM Group partners with Rainforest Foundation to empower communities to save the rainforest

At NEM Group, we believe in community and the importance of ecosystems. We want to be part of the change to create a new, fairer economy and to enable our community to participate and contribute.

That’s why we are proud to announce our partnership with the Rainforest Foundation.

source https://nem.io/news/nem-group-partners-with-rainforest-foundation-to-empower-communities-to-save-the-rainforest/
regards

I really dont know if i want to LAUGH or CRY about this news. Hitting new lows of "partnerships" thats for sure. What next? Partnership with HitBTC?

https://probonoaustralia.com.au/news/2018/02/former-charity-head-found-guilty-misusing-grant-money/

"A former managing director of the Australian Rainforest Foundation (ARF) has been sentenced to 12 months imprisonment following an investigation into the misuse of almost $45,000 in Australian government funding.
"

All these "Foundations" are Scams, barely any of the donations ever go to where they are meant to.

republicrypto

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Keep it Simple guys :)

NEM Group partners with Rainforest Foundation to empower communities to save the rainforest

At NEM Group, we believe in community and the importance of ecosystems. We want to be part of the change to create a new, fairer economy and to enable our community to participate and contribute.

That’s why we are proud to announce our partnership with the Rainforest Foundation.

source https://nem.io/news/nem-group-partners-with-rainforest-foundation-to-empower-communities-to-save-the-rainforest/
regards

DGBfanster

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Can't wait to dump this scam coin

btcsmlcmnr

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Quote from: tyz on April 03, 2021, 01:27:49 PM

Binance announced weeks before the snapshot that the token will not be tradable before mid April. Anyone complaining now might want to read Binance's announcement before leaving the tokens on Binance for the snapshot. Everyone should have just done the opt-in in the wallet, then the XYM would have been available on March 15 and one could have sold them.

I did not see any announcement from Binance about listing schedule for Symbol. They only provide information about airdrop for Nem holders and suspended deposit and withdrawal around the snapshot time.

Where did you get that information from Binance?

I guess so based on the info I see in Binance wallet when I clicked on deposit or withdrawal for Symbol. It makes sense when I compare to the waiting time from airdrop to listing TWT (Trust Wallet Token) on Binance. It takes about one month.

jkoil

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Nxt NEM

Quote from: tyz on April 03, 2021, 01:27:49 PM

Quote from: btcsmlcmnr on April 03, 2021, 08:25:07 AM

Symbol (XYM) can be traded on Binance on 14 April 2021. It is my guess. It takes Binance too much time to allocate Symbol to NEM holders and the same long time to list Symbol on exchange for trading.

Just my guess from what I see in Binance wallet and information about the day they will allow users to withdraw Symbol. They can change their plan any time.

Binance announced weeks before the snapshot that the token will not be tradable before mid April. Anyone complaining now might want to read Binance's announcement before leaving the tokens on Binance for the snapshot. Everyone should have just done the opt-in in the wallet, then the XYM would have been available on March 15 and one could have sold them.

Maybe selling would have not been sure in that case either.
If Binance has problems due to the big amount of XYM accounts, then there may have come problems also in the other Exchanges, when people have started depositing XYMs from their wallets to the Exchange accounts.

tyz

legendary

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Quote from: btcsmlcmnr on April 03, 2021, 08:25:07 AM

Symbol (XYM) can be traded on Binance on 14 April 2021. It is my guess. It takes Binance too much time to allocate Symbol to NEM holders and the same long time to list Symbol on exchange for trading.

Just my guess from what I see in Binance wallet and information about the day they will allow users to withdraw Symbol. They can change their plan any time.

Binance announced weeks before the snapshot that the token will not be tradable before mid April. Anyone complaining now might want to read Binance's announcement before leaving the tokens on Binance for the snapshot. Everyone should have just done the opt-in in the wallet, then the XYM would have been available on March 15 and one could have sold them.

btcsmlcmnr

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Symbol (XYM) can be traded on Binance on 14 April 2021. It is my guess. It takes Binance too much time to allocate Symbol to NEM holders and the same long time to list Symbol on exchange for trading.

Just my guess from what I see in Binance wallet and information about the day they will allow users to withdraw Symbol. They can change their plan any time.

jkoil

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Nxt NEM

Quote from: nemxym on April 02, 2021, 04:00:26 PM

Quote from: NorrisK on March 21, 2021, 09:43:17 AM

I'm impressed with the delgated harvesting yields of symbol compared to XEM.

The block bonus rewards really add up at this moment. Might be due to limited harvesting nodes/delegated stakers?

Which node do you recommend for the iPhone app wallet? I have tried several costing several XYM. All have just sat at "Activation in Process" for days.

Thank you in advance

Quote from: jkoil on March 21, 2021, 02:36:06 PM

Quote from: ?? on ??

Possibly some errors occured in Opt-in or later ... ?

https://forum.nem.io/t/symbol-opt-in-when-should-i-expect-to-see-xym-in-my-wallet/29061/25

Was there some XEM limit for Opt-in accounts? E.g. if the account had too few XEMs, then for it is not created the XYM-account?

Hopefully there is not anything "fundamentally" wrong ... it should have been quite straightforward after the Symbol-accounts were defined.
E.g. in February I found my XYM-account from the account explorer with the importance 0.017282 % and everything seemed to be ok.

...

Edit: if there has happened some error, then here is one guess/solution: the reason was in the loop, where some items were removed/skipped

As a reward I could receive the silver coin fund's content Wink

Maybe the Exchanges also have that kind of activation problem ... ?

Does anyone remember such similar case as XYM now, where the Exchanges have been "so late" when trying to publish a new coin?

nemxym

newbie

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Quote from: NorrisK on March 21, 2021, 09:43:17 AM

I'm impressed with the delgated harvesting yields of symbol compared to XEM.

The block bonus rewards really add up at this moment. Might be due to limited harvesting nodes/delegated stakers?

Which node do you recommend for the iPhone app wallet? I have tried several costing several XYM. All have just sat at "Activation in Process" for days.

Thank you in advance

MrWhiteBites

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Im the One who Knocks.

Quote from: NorrisK on March 21, 2021, 09:43:17 AM

I'm impressed with the delgated harvesting yields of symbol compared to XEM.

The block bonus rewards really add up at this moment. Might be due to limited harvesting nodes/delegated stakers?

The Team and Developers own the most of the new $XYM tokens (which they got from free, having previous got a boat load of free XEM)

So they can and are reaping 99% of all rewards. Its just like a 99% premine. But done in a less obvious way. I would not be surprised if the NEM team asked for exchanges to delay coins releases so they can pillage as much of the rewards as possible before "John Doe" gets his coins.

Reddit page is a ghost town, no "Real" news from XEM/XYM team either.

btcsmlcmnr

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Quote from: jkoil on March 31, 2021, 04:22:36 AM

That link is too "dynamic" ...

I found this by trying: https://symbolnodes.org/richlist/

I don't know that page so I am thankful to your share. If you want to move further with information for geolocation of super nodes, nodes on Symbol network. Let's check the announcement tweet from NEM team.

Quote

The NEM community is made of over 30 nationalities. A truly global decentralized community!

Quote

There seems to be few whales... who else will split their XYMs to several accounts, where are the same amounts: 51.000 M, 38.663 M.

They can diversify their Symbol into different wallets and set up their different nodes. Whales are smart to minimize risks from centralization of their capital. In early days of network, Stake will help Symbol whales get richer. Some of them are exchanges.

Top addresses in the Rich List have many linked Keys. You can see thousands (21821) of Linked keys in the 1st address in the Rich List: https://symbolnodes.org/richlist/linkedlist/

Hey, what Binance do with customers' Symbol amount that are suspended for weeks?

jkoil

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Nxt NEM

Quote from: jkoil on March 13, 2021, 04:51:47 AM

The one exact math, which is every time forgotten, is the fact that when someone sells, then also someone buys.
According to the distribution list changes the big owners have not sold. Of course some of them have sold, but in the big picture they have not sold, because the Top100 has increased their ownings from 57 % to 71 %.

Distribution Fri, 05 Jan 2018 18:33:44 UTC:
Top Accounts    XEM    Percentage
Top 50    4,804,818,406.12    53.4%
Top 100    5,119,481,371.59    56.9%
Top 200    5,455,792,305.26 60.6%
Top 250    5,609,101,108.18 62.3%
Top 500    6,365,621,548.69 70.7%
All    8,999,999,999    100%

Distribution Fri, 12 Mar 2021 05:39:36 UTC:
Top Accounts    XEM    Percentage
Top 50    6,166,236,694.24 68.5%
Top 100    6,423,452,170.92    71.4%
Top 200    6,739,353,256.10 74.9%
Top 250    6,890,203,307.06    76.6%
Top 500    7,543,466,571.50 83.8%
All    8,999,999,999 100%

That may be mainly caused by the exchanges' accounts (people have moved their XEMs there...), but still: the Top100 individual owners have not sold much of their ownings. Now can easily be detected only 3 names whose accounts have been "emptied": mixmaster, bogdana and rockethead.

There may be different reasons: transferred to 3 MXEM nodes to harvest, or to exchanges to trade. Or to exchanges to ensure the XYM airdrop instead of "not-so-working-XYM-wallet-in-own-computer". Or to exchanges to sell some to cover the expenses of life. The last is the reason for some, no need for examples ...

XYM Distribution Thu, 25 Mar 2021 18:37:26 UTC
Top Accounts    XYM    Percentage
Top 50    5,361,690,941.63    68.3%
Top 100    5,863,290,975.49    74.7%
Top 200    6,181,400,266.32    78.8%
Top 250    6,332,191,891.12    80.7%
Top 500    6,925,022,099.09    88.3%
Supply    7,846,691,959.02    100%

The XYM Distribution seems to be more concentrated than XEM's. Maybe the reason is in the "passive NEMbers", who may have forgotten their XEM accounts or not yet made the opt-in.

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 14. (Read 2984910 times)