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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1958. (Read 2984910 times)

legendary
Activity: 1059
Merit: 1016
It is not even Alpha launch yet and the AE Nem stakes went up 40% today!
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
Well, POI IS WORKING, but for users it's invisible.
Could you please elaborate on that?

Poi is currently FULLY functional, but in UI normal user won't see HOW it works, he'll only see, window to send/receive nems.

So for most users, it actually doesn't matter, there is PoI underneath.

Ah, I think I'm following. When Jag said "there isn't enough time to see how POI works right away", is he saying that POI will be running but it will have to be running for a while for us to notice its impact?

Yes that is - at least I'm pretty sure - exactly what he's saying.
See with PoS it's rather simple. Either your balance is high or it isn't. POI is much more complicated and needs time because it's taking into account how "active" a user is in terms of transactions.


Hello.

But could this be somehow gamed?!
I mean could somebody setup few nodes on different machines and
automate the accounts to send transactions between each other to
raise his node Importance in the network?

Also is it possible to earn transaction fees with POI if the account has 0 NEM balance
or having at least 1 NEM is a must to start (forging,harvesting,neming,backing ....) ? Smiley



You cannot forage/harvest with 0 NEM.

Please try to game the system and see what happens Cheesy
full member
Activity: 224
Merit: 100
Just received a tweet with a link to first issue of newsletter.
Thanks to those who made it!

https://docs.google.com/file/d/0B1tPv9Udd9qBOE1uQ2x0VW5wejQ/edit
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
What is the likely price of a NEM stake after the proper release?

Well...... Higher than today.  We really just have to see how smooth it is, how well POI works, and a few other factors.

Jaguar says we won't see how POI works in all its glory at alpha release.

We still have some amazing plans for POI Smiley
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
there's something happening on trello...

Let the game begin.  Cool

chance to hit the next block 10.66%

Proof of Importance rocks!
sweeeet!

To buy more NEMstakes ? to be or not to be,this a question.  Huh Grin

Perhaps the last opportunity to buy cheap as, if Alpha is very good, this is the calm before the storm.

The days of cheap NEMstake are almost over!
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
There is one thing that i'm asking myself.

Why would we need NEM ?

It is absolutely blowing my mind , that there are people who think NEM will be their Bitcoin Rocketstart into wealth.

Why ? Because this time there a new people as Stakeholders ? Because the System is new , developed from the ground up and with another chance for catastrophic bugs or failures ? Is there really a need for another POS Coin ?

Baffles me and makes absolutely no sense in my mind...

(I'm also asking myself why we need NXT, but that is another story for another day.)

Technical wise, NEM could be a competitor to Bitcoin because:

1. an improvement in a core functionality: Proof of Importance instead of Proof of Work and traditional POS algorithm.
2. improvements in features: Bitcoin has been and always be very conservative when coming to new features. There are spaces open if users move beyond the simple currency functionality and want something else with blockchain.
3. Difference in design

I think you are very smart guy but many smart guys in tech do not fully grasp the dynamics of free market and competition. This article can help

http://marginalrevolution.com/marginalrevolution/2013/12/how-and-why-bitcoin-will-plummet-in-price.html

in short, if you are bullish about Bitcoin (to the point of world domination), you should also very bullish about its genuine competitors like NEM.

Good article you linked to!
legendary
Activity: 2408
Merit: 1004
Where is the link for test it?
full member
Activity: 171
Merit: 100
NEM!!! way better than NXT !!!!

Let's keep it secret for now.
full member
Activity: 182
Merit: 100
NEM!!! way better than NXT !!!!
The process of evolution  Smiley Easy on the hardcore coin bashing might awaken them trolls lol.
legendary
Activity: 910
Merit: 1000
NEM!!! way better than NXT !!!!
sr. member
Activity: 382
Merit: 250
Iota and JINN
maybe it is possible to add a counter on the download page to check how many times alpha client was downloaded?
by the way it is really good idea! +1
hero member
Activity: 1134
Merit: 502
maybe it is possible to add a counter on the download page to check how many times alpha client was downloaded?
full member
Activity: 169
Merit: 100
I am another NEM stakeholder that hasn't and won't be asking for my NEM on on the AE.  I am keeping it for me!!!
+1, as well as me Wink
I think it's safer to keep it on AE, as NXT can't really be hacked unless you have very unsecure passphrase. I don't know about the safety of bitcointalk.
full member
Activity: 171
Merit: 100
sr. member
Activity: 382
Merit: 250
Iota and JINN
I am another NEM stakeholder that hasn't and won't be asking for my NEM on on the AE.  I am keeping it for me!!!
+1, as well as me Wink
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I am another NEM stakeholder that hasn't and won't be asking for my NEM on on the AE.  I am keeping it for me!!!
full member
Activity: 154
Merit: 100
Love to see what is going on in AE with price of stakes, sometimes I say to myself, damn, you should ask for token, but then I think about where will be price in six months, and again I feel relaxed.  Wink

Put your tokens in. Need more actions there.
hero member
Activity: 497
Merit: 501
NCC and NIS are working smooth and quick! Enjoy NEM COMMUNITY


Fantastic news. It's great to see the devs hard work come to fruition.

Fingers crossed that there's no serious hiccups along the alpha testing - not that it couldn't be delt with im sure.


I am curious though as to where you're obtaining these pics. I noticed you're not on the dev list but some background on these images would be handy just to rule out any and all doubt others may express.

Here is video to see it in action

https://www.youtube.com/watch?v=ZYE3hOnsNv8

Hah, thats great. Although i can't say i'd recommend queen for any "professional" marketing videos, doesn't mean i don't like them. I love myself a bit of Queen.

Nicely done, cheers for sharing this.
hero member
Activity: 595
Merit: 500
Love to see what is going on in AE with price of stakes, sometimes I say to myself, damn, you should ask for token, but then I think about where will be price in six months, and again I feel relaxed.  Wink
newbie
Activity: 14
Merit: 0
Does anybody know which features can be tested in the alpha? Is it only send / receive (funds and messages)?
what about the Asset exchange? Also I am sure I saw on the first fundraising thread that there could be an auction based exchange? Is that still the case? I would really love to use that instead of ebay.



AFAIK The excact details on the auction aren't published yet.

Regarding the Alpha Version.
You'll be able to test POI (Proof of Importance), Encrypted message sending through transactions, Incomming and outgoing transactions, multiple adresses on a single account, Running your local node and see how the interactive client works Smiley

Didnt mean the stake auction after alpha. what I mean is a distributed auction based exchange. much like this

http://www.coindesk.com/openbazaar-bitcoin-build-decentralised-ebay/

this is why I ask (taken from first fund raising thread) https://bitcointalksearch.org/topic/ann-nem-4-billions-coins-part-1-this-thread-is-no-longer-used-422129

"NEM ...could have following features

- Decentralized Marketplace / Auction - Buy or sell goods/services in a distributed manner.  All listings are broadcast to all nodes on the network in P2P fashion."

Maybe we can vote for the next feature after V1 blockchain ? everything is possible  Grin Cheesy
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