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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1509. (Read 2985369 times)

hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Just to confirm, if I missed phase 1 of redemption, I can't do anything for phase 2?

It depends, are you a btt or Nxt AE stakeholder?

If you're Nxt AE stakeholder please read this: https://medium.com/@xtester/updated-phase-2-redemption-guide-401e63b43344

If you're btt stakeholder the answer is no.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
At what time does the redemption end. I'm in Easter time. After finally getting everything downloaded and install, I can't log on because of some 305 error that says that Nem's infrastructure server is down. I get back home after 11pm.

Redemption time has been extended as can be seen one page behind:

Important announcement


  • In an effort to further encourage stakeholder registration, the redemption deadline is extended to last until 29 November(30 November, 00:00 GMT).
  • Due to important improvements, bug fixes, extended testing and necessity of miltisig, official launch has been rescheduled for December.
  • After some serious reconsideration, penalties for after launch redemption have been dropped. The redemption period will also be cut down to 2 months instead of 3.
  • Starting as of Sunday we will make a series of important announcements about great things we have been preparing for NEM. 


Stay tuned. Wink
legendary
Activity: 1246
Merit: 1000
NEM is becoming the new Exocoin, all talk and no actual product. Very dull. Developers hiding behind elaborate stakes claiming because they can't pull the tech together. Plus they have been criticising coins like Qora and Node. Qora has an asset exchange! Ironed out any client issues, and is now implementing Automatic Transactions but apparently You are doing better when you can't even release the coins over a year later.

No actual product?

So the beta I'm running is a gif file or something?

Get the fuck out of here and take your fail with you.
sr. member
Activity: 257
Merit: 252
At what time does the redemption end. I'm in Easter time. After finally getting everything downloaded and install, I can't log on because of some 305 error that says that Nem's infrastructure server is down. I get back home after 11pm.
hero member
Activity: 826
Merit: 500
Just to confirm, if I missed phase 1 of redemption, I can't do anything for phase 2?
sr. member
Activity: 257
Merit: 252
I've been trying to create a wallet for the last half hour, but it keeps saying that the infrastructure is down. It's so infuriating because I really have to go to work.
legendary
Activity: 1092
Merit: 1000
So how is Nem's popularity at the moment?
Dude, NEM is crypto's last hope
legendary
Activity: 1246
Merit: 1000
All those nemstakes still on the exchange..  Cheesy

running out of time people
sr. member
Activity: 257
Merit: 252
So how is Nem's popularity at the moment?
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
And your have error in latest newsletter. Is not 2014/10/21 is 2014/11/21

Corrected that, thanks.
hero member
Activity: 521
Merit: 500
Do we have to do anything to claim the silver round included with our NEM stake? Awesome bonus by the way!

I would prefer if they burned those extra stakes, and make the silver coins as purchase only. It will make both more valuable.
legendary
Activity: 1386
Merit: 1000
Do we have to do anything to claim the silver round included with our NEM stake? Awesome bonus by the way!
hero member
Activity: 588
Merit: 500
NEM ....best currency distribution ever ...!!!!!!!
It's been a while. Is Nem launching soon?
Early December, we hope !!!

We hope yes. If not then not. I'm not too worried about WHEN we launch. For me it's important HOW we launch. Launching a stable network that is absoutely bullet-proof and well tested is much more important to me than launching next month or even this year.
Only few coins that have released recently have been written from scratch and they are facing serious issues. I don't know how Crypti is doing but NODE had some outages recently...again. This can't and won't happen to us because we won't release until we're absolutely ready for it.
I don't mean to say we're taking things slow - hell no. We're going as fast as possible but as slow as neccessary. People will be able to be confident in our software and network from day 1 and that is worth a lot more than launching before some imaginary deadline.

Other things - beside devlopment - also take time but as xtester said those things will be announce soon Smiley

Agree with pat and rockethead. Quality is our primary goal so we are speeding as much as possible toward that. Though as we all know, quality takes time, a lot of time. At the end of the day our dev team is prepared to invest more time than give up on quality, and NEM is very different because of that. Wink

This is fair enough. On the newsletter it says that 2 nd round of sockpuppets stakes will be used for Silver rounds for every stakeholder and funding nodes.
Will this use up all the 2 nd round of sock stakes  and can someone remind me whats happening with the first round of sock stakes ? Also I take it then that no extra coins will be added to any stake ?

One more question.......I take it we are not going ahead with any inflation for NEM ?
member
Activity: 92
Merit: 10
And your have error in latest newsletter. Is not 2014/10/21 is 2014/11/21
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
It's been a while. Is Nem launching soon?
Early December, we hope !!!

We hope yes. If not then not. I'm not too worried about WHEN we launch. For me it's important HOW we launch. Launching a stable network that is absoutely bullet-proof and well tested is much more important to me than launching next month or even this year.
Only few coins that have released recently have been written from scratch and they are facing serious issues. I don't know how Crypti is doing but NODE had some outages recently...again. This can't and won't happen to us because we won't release until we're absolutely ready for it.
I don't mean to say we're taking things slow - hell no. We're going as fast as possible but as slow as neccessary. People will be able to be confident in our software and network from day 1 and that is worth a lot more than launching before some imaginary deadline.

Other things - beside devlopment - also take time but as xtester said those things will be announce soon Smiley

Agree with pat and rockethead. Quality is our primary goal so we are speeding as much as possible toward that. Though as we all know, quality takes time, a lot of time. At the end of the day our dev team is prepared to invest more time than give up on quality, and NEM is very different because of that. Wink
member
Activity: 92
Merit: 10
Bump.

Important announcement


  • In an effort to further encourage stakeholder registration, the redemption deadline is extended to last until 29 November(30 November, 00:00 GMT).
  • Due to important improvements, bug fixes, extended testing and necessity of miltisig, official launch has been rescheduled for December.
  • After some serious reconsideration, penalties for after launch redemption have been dropped. The redemption period will also be cut down to 2 months instead of 3.
  • Starting as of Sunday we will make a series of important announcements about great things we have been preparing for NEM.  


Stay tuned. Wink
Great news. In that way distribution will be more reliable and equity.
Quote
After some deliberation it was then suggested that the total supply be 8,999,999,999 NEM coins
Nice number.
And with client, any ideas why client so cpu hungry?
legendary
Activity: 1059
Merit: 1016
It's been a while. Is Nem launching soon?
Early December, we hope !!!

We hope yes. If not then not. I'm not too worried about WHEN we launch. For me it's important HOW we launch. Launching a stable network that is absoutely bullet-proof and well tested is much more important to me than launching next month or even this year.
Only few coins that have released recently have been written from scratch and they are facing serious issues. I don't know how Crypti is doing but NODE had some outages recently...again. This can't and won't happen to us because we won't release until we're absolutely ready for it.
I don't mean to say we're taking things slow - hell no. We're going as fast as possible but as slow as neccessary. People will be able to be confident in our software and network from day 1 and that is worth a lot more than launching before some imaginary deadline.

Other things - beside devlopment - also take time but as xtester said those things will be announce soon Smiley

When I did research into the Map of Coins I found that there were dozens of people claiming to launch new coins from new codes.  Of those, only three of note have live blockchains.  They are Node, Crypti, and Qora and all three of those are suffering badly.  NEM in beta is already better than they are by far. 

The reality is that NXT is the only new code that has been able to become successful.  (If you can call NXT successful.  It has definitely met a lot of resistance in the community)  Another argument can be made for Bitshares or Ripple or CounterParty, which are independent codes, but differ quite a bit in substance.  For instance none of these looks to be a real competitor with Bitcoin and try to replace it, in fact just the opposite, they kind of need Bitcoin.  Where as NEM won't need Bitcoin at all, it will stand on its own, and there is a chance could even someday displace Bitcoin.  Yes, that day would be far off, but NEM does have better tech, just not sure how that will hold up to Bitcoin's head start. 

That's right Jabo. In fact, I have been telling the devs and the rest of the team members that if we should launch in January, let it be. We have to be fair to the devs. They are not only coding. They have to work out the documentation, make our NEM exchange ready, test the codes, answer to Beta problems, solve Beta problems, finish up multisig, work on their day jobs and meet the target forced upon by many of us here who just don't know and understand what it takes to do this project. It is a monumental task that most don't appreciate.

They are world class coders to say the least!

I hope they don't need to spend Christmas coding for us instead. But I will not be taken aback if that happens. Multisig must happen at launch, like it or not. Too much at stake and NEM stakes literally!
hero member
Activity: 497
Merit: 501
I agree with Jabo. I was watching videos made buy different financial institutions in which they were sceptic about Bitcoin and they gave some reasonably sounding arguments. Mostly about mining monopoly. Their conclusion was that Bitcoin will crash in long term. All those most succesful coins are dependant on Bitcoin. NXT is the only real alternative, but wears stigma (rather undeserved) that is really damaging. NEM is in extremely good position to be Nr.1 alternative to BTC. Seriously, it doesnt have any problems BTC does, any problems Crypti/Node/Qora are having. When you think about it, there is no product in better shape on crypto market.

Sense, it is spoken here.
hero member
Activity: 595
Merit: 500
I agree with Jabo. I was watching videos made buy different financial institutions in which they were sceptic about Bitcoin and they gave some reasonably sounding arguments. Mostly about mining monopoly. Their conclusion was that Bitcoin will crash in long term. All those most succesful coins are dependant on Bitcoin. NXT is the only real alternative, but wears stigma (rather undeserved) that is really damaging. NEM is in extremely good position to be Nr.1 alternative to BTC. Seriously, it doesnt have any problems BTC does, any problems Crypti/Node/Qora are having. When you think about it, there is no product in better shape on crypto market.

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