Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1963. (Read 2984910 times)
Got to say, the Alpha client looks awesome! I'm testing right now
It's look NEMastic!!!
Enjoy NEM!
NEM OPEN ALPHA LAUNCH IS SCHEDULED FOR 25th JUNE 2014
Enjoy NEM!
NEM OPEN ALPHA LAUNCH IS SCHEDULED FOR 25th JUNE 2014
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 ....) ?
In short: It can't be gamed like that.
Also important node in PoI == account.
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 ....) ?
POI also includes coinage which means you can't just send NEM around and boost your importance. I won't go into the details of vested and unvested stuff because I'm no core dev and I don't want to get anything wrong here.
There is a minimum that you need to start harvesting but I'm not sure right now what it is.
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 ....) ?
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.
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?
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.
Share with you something. This is for real!
Well, POI IS WORKING, but for users it's invisible.
Could you please elaborate on that? 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.
Well, POI IS WORKING, but for users it's invisible.
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.
Nothing is proprietary in crypto currencies. IIRC - a lot of the concepts that were pioneered by eMunie were taken on by other coins. Exposing how your features work is only inviting someone to take it and use it themselves, before you manage to release.
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.
Any news on how they will handle the swap (Token -> NEM?)
there's something happening on trello...
Let the game begin.
chance to hit the next block 10.66%
Proof of Importance rocks!
Do I have to buy a magnifying glass from the Blackcoin developer to read this thread?
Is it still possible to turn my stake into an asset I can trade a bit of it on the NXT AE?
If so, how? The thread that handled that looks a bit strange (https://bitcointalk.org/index.php?topic=616467.1220).
I'm sure that NEM is a great idea and should hopefully shoot straight into top 10 in coinmarketcap.
If so, how? The thread that handled that looks a bit strange (https://bitcointalk.org/index.php?topic=616467.1220).
I'm sure that NEM is a great idea and should hopefully shoot straight into top 10 in coinmarketcap.
I am very excited, folks!
2 more days!
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.
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