Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 294. (Read 2985265 times)
November 29, 2017, 03:29:33 PM
Looks like NEM is taking a break.
November 29, 2017, 03:05:37 PM
Just read some about NEM's POI, I love the idea of distribution and giving everyone the same opportunity to find the next block. In my opinion this is way superior to POS, but I must admit I dislike POS in general because it only makes the already wealthy more rich. NEM fights against this with POI and this is great! Can anybody tell me how many NEM I need to participate in POI mining?
10,000 but it's really not worth buying that many just to do that. You won't make any regular money with it. There are many blocks without fees still.
November 29, 2017, 02:44:46 PM
Just read some about NEM's POI, I love the idea of distribution and giving everyone the same opportunity to find the next block. In my opinion this is way superior to POS, but I must admit I dislike POS in general because it only makes the already wealthy more rich. NEM fights against this with POI and this is great! Can anybody tell me how many NEM I need to participate in POI mining?
November 29, 2017, 02:15:26 PM
http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/
This is an amazing news !!!
It has to spread
!
This is an amazing news !!!
It has to spread
!Well that's really cool
November 29, 2017, 02:02:14 PM
Australian startups to share in $90 million NEM blockchain investment fund
Hopeful Australian blockchain startups will now have access to part of a $US70 million ($92 million) investment fund to fuel development of local companies, provided by the company behind one of the world’s largest cryptocurrencies.
The NEM.io Foundation is based in Singapore but has expanded into Australia over 2017 to promote and encourage development on its NEM blockchain. The company announced the multimillion-dollar fund this week and has already locked in a $650,000 investment in local IP-focused blockchain startup CopyrightBank.
Speaking to StartupSmart, CopyrightBank founder David Oh explains what sets the NEM blockchain apart from the technology behind cryptocurrencies such as Bitcoin and Ethereum.
“For Bitcoin, you need someone with a deep understanding of cryptography to make it anything beyond a digital store of value, and for Ethereum you need a developer proficient in Solidity, which isn’t so easy to program in,” Oh says.
“NEM works via APIs (application programming interfaces), so you’re not actually programming the blockchain itself. You can write in any language you want, Javascript, Ruby on Rails etcetera, and it just interacts through the APIs.”
This ease of access is why Oh thinks Australian startups should take advantage of the fund provided by the NEM.io Foundation, saying the blockchain space is moving “very fast, so don’t wait”. The company is dedicating around $13 million worth of XEM tokens to Australian startups, which are also required to be “active members” of the NEM community.
Oh says the funding is decided through community voting, with companies posting the concept for their startup on the NEM community forums, which are then voted on by users. Top companies are then presented to the Foundation, which carries out due diligence before issuing the funding in XEM tokens in line with the company achieving milestones.
“The reason we established this fund is because we believe that blockchain can truly transform the way businesses operate, and we see the rise of the XEM cryptocurrency as a way of giving back to the community,” global director of partnerships and strategic alliances at the NEM.io Foundation Jason Lee told StartupSmart.
NEM is currently the 12th largest cryptocurrency by market cap and the price of the token has risen over 6000% this year. It’s currently sitting at 20c.
“We want startups who can really work on applications that would benefit society and solve a fundamental problem for Australians,” Lee says.....
https://www.smartcompany.com.au/startupsmart/news-analysis/australian-startups-90-million-nem-blockchain-investment-fund/
Hopeful Australian blockchain startups will now have access to part of a $US70 million ($92 million) investment fund to fuel development of local companies, provided by the company behind one of the world’s largest cryptocurrencies.
The NEM.io Foundation is based in Singapore but has expanded into Australia over 2017 to promote and encourage development on its NEM blockchain. The company announced the multimillion-dollar fund this week and has already locked in a $650,000 investment in local IP-focused blockchain startup CopyrightBank.
Speaking to StartupSmart, CopyrightBank founder David Oh explains what sets the NEM blockchain apart from the technology behind cryptocurrencies such as Bitcoin and Ethereum.
“For Bitcoin, you need someone with a deep understanding of cryptography to make it anything beyond a digital store of value, and for Ethereum you need a developer proficient in Solidity, which isn’t so easy to program in,” Oh says.
“NEM works via APIs (application programming interfaces), so you’re not actually programming the blockchain itself. You can write in any language you want, Javascript, Ruby on Rails etcetera, and it just interacts through the APIs.”
This ease of access is why Oh thinks Australian startups should take advantage of the fund provided by the NEM.io Foundation, saying the blockchain space is moving “very fast, so don’t wait”. The company is dedicating around $13 million worth of XEM tokens to Australian startups, which are also required to be “active members” of the NEM community.
Oh says the funding is decided through community voting, with companies posting the concept for their startup on the NEM community forums, which are then voted on by users. Top companies are then presented to the Foundation, which carries out due diligence before issuing the funding in XEM tokens in line with the company achieving milestones.
“The reason we established this fund is because we believe that blockchain can truly transform the way businesses operate, and we see the rise of the XEM cryptocurrency as a way of giving back to the community,” global director of partnerships and strategic alliances at the NEM.io Foundation Jason Lee told StartupSmart.
NEM is currently the 12th largest cryptocurrency by market cap and the price of the token has risen over 6000% this year. It’s currently sitting at 20c.
“We want startups who can really work on applications that would benefit society and solve a fundamental problem for Australians,” Lee says.....
https://www.smartcompany.com.au/startupsmart/news-analysis/australian-startups-90-million-nem-blockchain-investment-fund/
And some people are complaining that there are not enough news about NEM
True.
November 29, 2017, 01:29:37 PM
Australian startups to share in $90 million NEM blockchain investment fund
Hopeful Australian blockchain startups will now have access to part of a $US70 million ($92 million) investment fund to fuel development of local companies, provided by the company behind one of the world’s largest cryptocurrencies.
The NEM.io Foundation is based in Singapore but has expanded into Australia over 2017 to promote and encourage development on its NEM blockchain. The company announced the multimillion-dollar fund this week and has already locked in a $650,000 investment in local IP-focused blockchain startup CopyrightBank.
Speaking to StartupSmart, CopyrightBank founder David Oh explains what sets the NEM blockchain apart from the technology behind cryptocurrencies such as Bitcoin and Ethereum.
“For Bitcoin, you need someone with a deep understanding of cryptography to make it anything beyond a digital store of value, and for Ethereum you need a developer proficient in Solidity, which isn’t so easy to program in,” Oh says.
“NEM works via APIs (application programming interfaces), so you’re not actually programming the blockchain itself. You can write in any language you want, Javascript, Ruby on Rails etcetera, and it just interacts through the APIs.”
This ease of access is why Oh thinks Australian startups should take advantage of the fund provided by the NEM.io Foundation, saying the blockchain space is moving “very fast, so don’t wait”. The company is dedicating around $13 million worth of XEM tokens to Australian startups, which are also required to be “active members” of the NEM community.
Oh says the funding is decided through community voting, with companies posting the concept for their startup on the NEM community forums, which are then voted on by users. Top companies are then presented to the Foundation, which carries out due diligence before issuing the funding in XEM tokens in line with the company achieving milestones.
“The reason we established this fund is because we believe that blockchain can truly transform the way businesses operate, and we see the rise of the XEM cryptocurrency as a way of giving back to the community,” global director of partnerships and strategic alliances at the NEM.io Foundation Jason Lee told StartupSmart.
NEM is currently the 12th largest cryptocurrency by market cap and the price of the token has risen over 6000% this year. It’s currently sitting at 20c.
“We want startups who can really work on applications that would benefit society and solve a fundamental problem for Australians,” Lee says.....
https://www.smartcompany.com.au/startupsmart/news-analysis/australian-startups-90-million-nem-blockchain-investment-fund/
Hopeful Australian blockchain startups will now have access to part of a $US70 million ($92 million) investment fund to fuel development of local companies, provided by the company behind one of the world’s largest cryptocurrencies.
The NEM.io Foundation is based in Singapore but has expanded into Australia over 2017 to promote and encourage development on its NEM blockchain. The company announced the multimillion-dollar fund this week and has already locked in a $650,000 investment in local IP-focused blockchain startup CopyrightBank.
Speaking to StartupSmart, CopyrightBank founder David Oh explains what sets the NEM blockchain apart from the technology behind cryptocurrencies such as Bitcoin and Ethereum.
“For Bitcoin, you need someone with a deep understanding of cryptography to make it anything beyond a digital store of value, and for Ethereum you need a developer proficient in Solidity, which isn’t so easy to program in,” Oh says.
“NEM works via APIs (application programming interfaces), so you’re not actually programming the blockchain itself. You can write in any language you want, Javascript, Ruby on Rails etcetera, and it just interacts through the APIs.”
This ease of access is why Oh thinks Australian startups should take advantage of the fund provided by the NEM.io Foundation, saying the blockchain space is moving “very fast, so don’t wait”. The company is dedicating around $13 million worth of XEM tokens to Australian startups, which are also required to be “active members” of the NEM community.
Oh says the funding is decided through community voting, with companies posting the concept for their startup on the NEM community forums, which are then voted on by users. Top companies are then presented to the Foundation, which carries out due diligence before issuing the funding in XEM tokens in line with the company achieving milestones.
“The reason we established this fund is because we believe that blockchain can truly transform the way businesses operate, and we see the rise of the XEM cryptocurrency as a way of giving back to the community,” global director of partnerships and strategic alliances at the NEM.io Foundation Jason Lee told StartupSmart.
NEM is currently the 12th largest cryptocurrency by market cap and the price of the token has risen over 6000% this year. It’s currently sitting at 20c.
“We want startups who can really work on applications that would benefit society and solve a fundamental problem for Australians,” Lee says.....
https://www.smartcompany.com.au/startupsmart/news-analysis/australian-startups-90-million-nem-blockchain-investment-fund/
And some people are complaining that there are not enough news about NEM
November 29, 2017, 01:25:36 PM
Good Afternoon, the "NEM" then is the platform where the "XEM" currency crypto was created? and now the "NEM" itself is making its currency into an optimized version of the "proof-of-stake" algorithms that would be the "POI" that generates a yield as if it were a "POS" algorithm but takes into consideration when it comes to rewarding the user or number of transactions that the same usually does, thus wanting its users to use it on a large scale to increase their profits? how much will "NEM" go with the "POI" system? have an annual income equal to "POS"?
November 29, 2017, 01:18:52 PM
http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/
This is an amazing news !!!
It has to spread !
This is an amazing news !!!
It has to spread
! November 29, 2017, 01:05:49 PM
A lot of things going great to NEM...
The price is amazing stable! Might get move soon!
Hope you guys get the train!
The price is amazing stable! Might get move soon!
Hope you guys get the train!
November 29, 2017, 12:46:36 PM
Australian startups to share in $90 million NEM blockchain investment fund
Hopeful Australian blockchain startups will now have access to part of a $US70 million ($92 million) investment fund to fuel development of local companies, provided by the company behind one of the world’s largest cryptocurrencies.
The NEM.io Foundation is based in Singapore but has expanded into Australia over 2017 to promote and encourage development on its NEM blockchain. The company announced the multimillion-dollar fund this week and has already locked in a $650,000 investment in local IP-focused blockchain startup CopyrightBank.
Speaking to StartupSmart, CopyrightBank founder David Oh explains what sets the NEM blockchain apart from the technology behind cryptocurrencies such as Bitcoin and Ethereum.
“For Bitcoin, you need someone with a deep understanding of cryptography to make it anything beyond a digital store of value, and for Ethereum you need a developer proficient in Solidity, which isn’t so easy to program in,” Oh says.
“NEM works via APIs (application programming interfaces), so you’re not actually programming the blockchain itself. You can write in any language you want, Javascript, Ruby on Rails etcetera, and it just interacts through the APIs.”
This ease of access is why Oh thinks Australian startups should take advantage of the fund provided by the NEM.io Foundation, saying the blockchain space is moving “very fast, so don’t wait”. The company is dedicating around $13 million worth of XEM tokens to Australian startups, which are also required to be “active members” of the NEM community.
Oh says the funding is decided through community voting, with companies posting the concept for their startup on the NEM community forums, which are then voted on by users. Top companies are then presented to the Foundation, which carries out due diligence before issuing the funding in XEM tokens in line with the company achieving milestones.
“The reason we established this fund is because we believe that blockchain can truly transform the way businesses operate, and we see the rise of the XEM cryptocurrency as a way of giving back to the community,” global director of partnerships and strategic alliances at the NEM.io Foundation Jason Lee told StartupSmart.
NEM is currently the 12th largest cryptocurrency by market cap and the price of the token has risen over 6000% this year. It’s currently sitting at 20c.
“We want startups who can really work on applications that would benefit society and solve a fundamental problem for Australians,” Lee says.....
https://www.smartcompany.com.au/startupsmart/news-analysis/australian-startups-90-million-nem-blockchain-investment-fund/
Hopeful Australian blockchain startups will now have access to part of a $US70 million ($92 million) investment fund to fuel development of local companies, provided by the company behind one of the world’s largest cryptocurrencies.
The NEM.io Foundation is based in Singapore but has expanded into Australia over 2017 to promote and encourage development on its NEM blockchain. The company announced the multimillion-dollar fund this week and has already locked in a $650,000 investment in local IP-focused blockchain startup CopyrightBank.
Speaking to StartupSmart, CopyrightBank founder David Oh explains what sets the NEM blockchain apart from the technology behind cryptocurrencies such as Bitcoin and Ethereum.
“For Bitcoin, you need someone with a deep understanding of cryptography to make it anything beyond a digital store of value, and for Ethereum you need a developer proficient in Solidity, which isn’t so easy to program in,” Oh says.
“NEM works via APIs (application programming interfaces), so you’re not actually programming the blockchain itself. You can write in any language you want, Javascript, Ruby on Rails etcetera, and it just interacts through the APIs.”
This ease of access is why Oh thinks Australian startups should take advantage of the fund provided by the NEM.io Foundation, saying the blockchain space is moving “very fast, so don’t wait”. The company is dedicating around $13 million worth of XEM tokens to Australian startups, which are also required to be “active members” of the NEM community.
Oh says the funding is decided through community voting, with companies posting the concept for their startup on the NEM community forums, which are then voted on by users. Top companies are then presented to the Foundation, which carries out due diligence before issuing the funding in XEM tokens in line with the company achieving milestones.
“The reason we established this fund is because we believe that blockchain can truly transform the way businesses operate, and we see the rise of the XEM cryptocurrency as a way of giving back to the community,” global director of partnerships and strategic alliances at the NEM.io Foundation Jason Lee told StartupSmart.
NEM is currently the 12th largest cryptocurrency by market cap and the price of the token has risen over 6000% this year. It’s currently sitting at 20c.
“We want startups who can really work on applications that would benefit society and solve a fundamental problem for Australians,” Lee says.....
https://www.smartcompany.com.au/startupsmart/news-analysis/australian-startups-90-million-nem-blockchain-investment-fund/
November 29, 2017, 11:24:54 AM
I see lots of marketing going on around NEM in Twitter. Glad to see such progress.
Marketing alone is not really a progress for the coin unless the price rises with it.
November 29, 2017, 08:42:27 AM
Very good news for NEM. It getting hard to keep up
Buying more
Buying more
November 29, 2017, 07:45:52 AM
I see lots of marketing going on around NEM in Twitter. Glad to see such progress.
Yeah now the tires get rolling
November 29, 2017, 07:37:46 AM
Hi all, I was seeking a confirmation of this fact: XEM is a cryptocurrency which is NOT a fork or some sort of Bitcoin. Is it correct?
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!
That's actually a funny question, only because when NEM was coded from scratch there was only one Bitcoin, and I don't think anyone anticipated the multiple forks it's having now.
NEM was originally going to be a clone of NXT. NXT was the first of what was called the second generation of cryptocurrency back in the day. Rather than proof of work mining, it confirmed blocks through a process called forging. The entire coin was released at once in a genesis block so the forging address would get any coins that were transaction fees. NXT had some initial technical difficulties which NEM was going to address. And then the developers decided to just code the whole thing from scratch. NEM is a complete original.
Thank you all for this. I really wanted to add something original to my portfolio but I was finding only btc clones of sort. Glad I'm in!
November 29, 2017, 07:27:21 AM
November 29, 2017, 05:10:21 AM
Crypto startup Zeus Exchange uses Chinese tech to transform shares via blockchain
http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/
It will soon be possible to buy shares anonymously and securely anywhere in the world via cryptocurrency. And for smaller investors, shares of shares will be available, all for almost no transaction fees. TechCrunch Shanghai exhibitor, Russian startup Zeus Exchange, has registered in Singapore and become licensed in Cyprus to trade shares using the smart asset blockchain—the world’s first—developed by Chinese firm NEM. The framework could be particularly successful in China due to it allowing access to exchanges all around the world via Cyprus. Plus anonymously, and at small scale.
China is the only country in the world where individuals investors far exceed institutional traders: their trades make up 80% of the country’s $7.6 trillion market. They are the most active traders in the world and skeptical of funds as managers in the past have been known to engage in unethical manipulation of the market.
The process behind Zeus is somewhat complicated. An institutional investor that is holding a share of a company for the long term can effectively rent it out for a fee for a fixed term. The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM’s blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies—in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies). When the exchange becomes fully functional in March 2018, it will effectively be able to decentralize a stock exchange...........
http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/
It will soon be possible to buy shares anonymously and securely anywhere in the world via cryptocurrency. And for smaller investors, shares of shares will be available, all for almost no transaction fees. TechCrunch Shanghai exhibitor, Russian startup Zeus Exchange, has registered in Singapore and become licensed in Cyprus to trade shares using the smart asset blockchain—the world’s first—developed by Chinese firm NEM. The framework could be particularly successful in China due to it allowing access to exchanges all around the world via Cyprus. Plus anonymously, and at small scale.
China is the only country in the world where individuals investors far exceed institutional traders: their trades make up 80% of the country’s $7.6 trillion market. They are the most active traders in the world and skeptical of funds as managers in the past have been known to engage in unethical manipulation of the market.
The process behind Zeus is somewhat complicated. An institutional investor that is holding a share of a company for the long term can effectively rent it out for a fee for a fixed term. The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM’s blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies—in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies). When the exchange becomes fully functional in March 2018, it will effectively be able to decentralize a stock exchange...........
"developed by Chinese firm NEM" lol
march 2018 would be amazing !
November 29, 2017, 04:56:09 AM
Crypto startup Zeus Exchange uses Chinese tech to transform shares via blockchain
http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/
It will soon be possible to buy shares anonymously and securely anywhere in the world via cryptocurrency. And for smaller investors, shares of shares will be available, all for almost no transaction fees. TechCrunch Shanghai exhibitor, Russian startup Zeus Exchange, has registered in Singapore and become licensed in Cyprus to trade shares using the smart asset blockchain—the world’s first—developed by Chinese firm NEM. The framework could be particularly successful in China due to it allowing access to exchanges all around the world via Cyprus. Plus anonymously, and at small scale.
China is the only country in the world where individuals investors far exceed institutional traders: their trades make up 80% of the country’s $7.6 trillion market. They are the most active traders in the world and skeptical of funds as managers in the past have been known to engage in unethical manipulation of the market.
The process behind Zeus is somewhat complicated. An institutional investor that is holding a share of a company for the long term can effectively rent it out for a fee for a fixed term. The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM’s blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies—in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies). When the exchange becomes fully functional in March 2018, it will effectively be able to decentralize a stock exchange...........
http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/
It will soon be possible to buy shares anonymously and securely anywhere in the world via cryptocurrency. And for smaller investors, shares of shares will be available, all for almost no transaction fees. TechCrunch Shanghai exhibitor, Russian startup Zeus Exchange, has registered in Singapore and become licensed in Cyprus to trade shares using the smart asset blockchain—the world’s first—developed by Chinese firm NEM. The framework could be particularly successful in China due to it allowing access to exchanges all around the world via Cyprus. Plus anonymously, and at small scale.
China is the only country in the world where individuals investors far exceed institutional traders: their trades make up 80% of the country’s $7.6 trillion market. They are the most active traders in the world and skeptical of funds as managers in the past have been known to engage in unethical manipulation of the market.
The process behind Zeus is somewhat complicated. An institutional investor that is holding a share of a company for the long term can effectively rent it out for a fee for a fixed term. The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM’s blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies—in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies). When the exchange becomes fully functional in March 2018, it will effectively be able to decentralize a stock exchange...........
"developed by Chinese firm NEM" lol
November 29, 2017, 01:29:45 AM
This is funny Don't even know how Tether even comes into play, it's just another altcoin 
Don't even know how Tether even comes into play, it's just another altcoin Do a little reading and your smile will erase at the possibilities for doom it offers.
It's not really an alt. It's possibly nearly a billion dollars of buying created out of thin air but no one really knows.
Any FIAT/CRYPTO gateway should be considered the doomsday device then, the people coming into crypto space now are mostly dealing with FIAT->BTC not FIAT->USDT->BTC.
I can see traders being worried, not so much average joes who plan to hodl.
I don't see the reason to panic honestly.
November 28, 2017, 06:59:17 PM
Hi all, I was seeking a confirmation of this fact: XEM is a cryptocurrency which is NOT a fork or some sort of Bitcoin. Is it correct?
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!
That's actually a funny question, only because when NEM was coded from scratch there was only one Bitcoin, and I don't think anyone anticipated the multiple forks it's having now.
NEM was originally going to be a clone of NXT. NXT was the first of what was called the second generation of cryptocurrency back in the day. Rather than proof of work mining, it confirmed blocks through a process called forging. The entire coin was released at once in a genesis block so the forging address would get any coins that were transaction fees. NXT had some initial technical difficulties which NEM was going to address. And then the developers decided to just code the whole thing from scratch. NEM is a complete original.
Yep, but price doesn´t care about tech, it´s just allways hype,
But believe you me, once we get out of this hype-cicle, we have somethings to say.
NEM is like a spring, loading . . . .
November 28, 2017, 05:39:01 PM
Great to see NEM enjoying some positive price action today
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