Author

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 150. (Read 2984910 times)

hero member
Activity: 834
Merit: 524
Nxt NEM
Very nice study! Ok, so NEM's algorithm is POI and it is a  version of PoS.
Explanation (tl;dr):
In this study, author is showing what is the difference between just balance and importance based harvesting. Technically importance is calculated on the account activity base (so transactions with over 1000 XEM). The result from this particular study says that actual NEM algorithm (PoI) is not much different if there wouldn't be this "importance" part in it, and harvesting probability would be similar in both cases. So the most probability of harvesting a block is comming from a "balance" parameter, not exactly from "importance" parameter.

good compendium Smiley  from this https://docs.google.com/document/d/13M3wbdjI0Nzx-OKAd0dRCfOYFA_oT9Ydg96DkiUBsDs/edit?usp=sharing

There is also referred to a sheet
https://docs.google.com/spreadsheets/d/1LMLgretbB0EsRc8rAnvZQm_PEhtTeMqcku-VlN6iBTM/edit?usp=sharing
where one can compute his/hers own statistics. Maybe someone can find more positive results...

hero member
Activity: 1050
Merit: 506
Added a Telegram map and a Node map.

https://nemnodes.org/map/

https://nemnodes.org/nodemap/







well done. Always great to have those things visible. I really think that's a quite good distribution of nodes.

I don't think apple will pass any wallet-like app, so only possibility for ios is web wallet

https://itunes.apple.com/us/app/nem-wallet/id1227112677?mt=8

I'm using it since 2017, quite a good wallet...

it might not be the official one but a lot of people seem to be using it and are quite happy.
copper member
Activity: 238
Merit: 2
HEROIC.com | The Future of AI-Powered Cybersecurit
A quick guide on how to use, spend, and HODL XEM with your NEM Nano Wallet.

https://bitcoinexchangeguide.com/nem-nano-wallet/
jr. member
Activity: 224
Merit: 7
#Choice is a new way to pay in New Zealand that reduces and redistributes transaction fees for businesses, giving those savings to Kiwi charities of your choice.https://www.61-bit.com/2018/04/04/kiwi-startup-revolutionises-payments-using-nem-blockchain/
legendary
Activity: 1050
Merit: 1000
It seems to me that XEM will not receive a new push in growth if its policy goes in such a way as now, young competitors are breathing in the back, the team needs new significant partnerships

full member
Activity: 172
Merit: 134
Explore Crypto
Very nice study! Ok, so NEM's algorithm is POI and it is a  version of PoS.
Explanation (tl;dr):
In this study, author is showing what is the difference between just balance and importance based harvesting. Technically importance is calculated on the account activity base (so transactions with over 1000 XEM). The result from this particular study says that actual NEM algorithm (PoI) is not much different if there wouldn't be this "importance" part in it, and harvesting probability would be similar in both cases. So the most probability of harvesting a block is comming from a "balance" parameter, not exactly from "importance" parameter.
hero member
Activity: 834
Merit: 524
Nxt NEM
Someone has practised with Google Doc's Science Templates Smiley
and found the Dev's fingerprint from the PoI algorithm Wink

https://docs.google.com/document/d/13M3wbdjI0Nzx-OKAd0dRCfOYFA_oT9Ydg96DkiUBsDs/edit?usp=sharing

::: NEM harvesting with PoS ... or, with PoI ?



hero member
Activity: 729
Merit: 513
I don't think apple will pass any wallet-like app, so only possibility for ios is web wallet

https://itunes.apple.com/us/app/nem-wallet/id1227112677?mt=8

I'm using it since 2017, quite a good wallet...
sr. member
Activity: 1974
Merit: 350
Really cool thing and thank you very much for sharing. I really hope that more and more shops/ service provider.... will accept crypto and especially xem in the future. I really like the work done by Travelbit in Australia too. Great to have some real usage. It should just be a good experience for every party involved, because that would really help spreading the word.

You are welcome!
I used crypto for payment in that cafe several times, and sometimes with other crypto there were some technical problems.
I hope they are resolved and of course the payment system will be upgraded.
And NEM worked well and very fast.
I heard that Coinomi also works well there, will try it next time
full member
Activity: 658
Merit: 100
It seems to me that XEM will not receive a new push in growth if its policy goes in such a way as now, young competitors are breathing in the back, the team needs new significant partnerships
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
I don't think apple will pass any wallet-like app, so only possibility for ios is web wallet

thats not true example coinomi is available on IOS and its a multicoin wallet app
newbie
Activity: 14
Merit: 0
I don't think apple will pass any wallet-like app, so only possibility for ios is web wallet
hero member
Activity: 1050
Merit: 506
extraordinary..
in which country you live. can i know?
I also want to use my NEM as a payment tool like you hopefully in my country will also follow your country.

I live in Ukraine.
This particular service is provided by Paytoman and they have map of places on their web-site https://paytomat.com/#places
In other countries it's available too.
Also their team travels a lot to crypto conferences (and met NEM leadership) and in more places this system will be implemented.

Really cool thing and thank you very much for sharing. I really hope that more and more shops/ service provider.... will accept crypto and especially xem in the future. I really like the work done by Travelbit in Australia too. Great to have some real usage. It should just be a good experience for every party involved, because that would really help spreading the word.
newbie
Activity: 4
Merit: 0
Пpивeт, нe мoгy нaйти пpилoжeниe в плeймapкeтe. Киeв pyлит Grin
sr. member
Activity: 1974
Merit: 350
extraordinary..
in which country you live. can i know?
I also want to use my NEM as a payment tool like you hopefully in my country will also follow your country.

I live in Ukraine.
This particular service is provided by Paytoman and they have map of places on their web-site https://paytomat.com/#places
In other countries it's available too.
Also their team travels a lot to crypto conferences (and met NEM leadership) and in more places this system will be implemented.
sr. member
Activity: 1974
Merit: 350
Good job Flodner! I love when people make some initiative to bring crypto to real life. Every time I am visiting crypto-friendly shop/cafe/service I try to use crypto. If I can't, I am always pointing out that it is cool that this particular shop supports crypto. It is important for us, crypto clients to go to those places and say how much we appreciate it even if we don't always use it. This attitude will bring more adoption. Got upvote and merit from me for that one!
Nice to see some gem in this flood of advertisement, and speculation Smiley

Thanks a lot! Yes, I always use crypto in that particular cafe!
Unfortunately many entrepreneurs still don't get that if they start accepting crypto - they have at least advantage over competitors.
full member
Activity: 172
Merit: 134
Explore Crypto
This is how I paid with NEM for tea in cafe


Good job Flodner! I love when people make some initiative to bring crypto to real life. Every time I am visiting crypto-friendly shop/cafe/service I try to use crypto. If I can't, I am always pointing out that it is cool that this particular shop supports crypto. It is important for us, crypto clients to go to those places and say how much we appreciate it even if we don't always use it. This attitude will bring more adoption. Got upvote and merit from me for that one!
Nice to see some gem in this flood of advertisement, and speculation Smiley
hero member
Activity: 1092
Merit: 511
Great news! NEM is now available in Abra!
https://www.abra.com/blog/monero-neo-nem-lisk-verge/
Announce that we will be adding  NEM  to the Abra app. You will be able to invest in 25 cryptocurrencies and 50+ fiat currencies through the Abra app.

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