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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 49. (Read 2984910 times)

sr. member
Activity: 490
Merit: 252
Hi guys,

I haven't been around BTT for some time now but decided to pop in as I have some serious concerns regarding Nem. I notice lately that the Nem culture has changed dramatically after the announcement of Symbol.

Alexandra, the head of the foundation seems to rule with an iron fist and any serious and valid criticism is slapped down with a threat or a ban. The funny part is that she is supported by everyone else who is connected with Nem, even though they're not part of the Foundation. It makes me really doubt if there isn't a hidden agenda behind investors' backs.

She refuses to discuss exactly where and how they spend the community funds that they have been awarded last year. She is as transparent as the previous foundation that was run by Lon. At least he was a likable figure. Or maybe Nem is preparing an exit scam strategy.

For years we have been made to believe that catapult will be an upgrade of Xem. After working for years of Catapult/Symbol, they have suddenly decided to tell us recently that it will be a seperate chain. Some lame excuses have been made for this.

The main excuses where:

1. They're doing this for legal reseans to cover their own asses. With a new chain they can at least pretend to give people double the coins, even though it's as clear as day light that Xem will of course tank in price when Xym comes out and we have no idea how Xym will react to the market.
2. The worst excuse is that Symbol is incompaticle with Xem so that's the reason they can't upgrade the existing chain. What??? What have these devs been doing all these years?

When you ask any questions that they cannot answer they will either ask you whether you're a Nem member (meaning a paid member with kyc) or they just tell you to shut up.

They're not interested in acquiring new investors and keep current investors satisfied. All they care about is keep the old community silent and make them follow them like sheeple.

The crypto world is not meant to be run in this way. Even though Nem says that they have many entities working on it, to me it seems that they are all connected to each other and support each other firmly. The only spokesperson between us and the rest is Alexandra. I haven't seen any other entity getting in touch with us. Whenever Alexandra says that she has some fantastic news coming up, it always seem to be a big dissapointment, over and over again. And when ou ask questions she asnwers initially with "we have so many things going on but we can not share anything right now, we'll share it when the time is the ripe for it"

Anyway I'm just sharing my experience and dissatisfaction with how things are progressing. And after being for so many years with Nem I'm really worried that the end of Nem is nearing as I do not trust their intentions anymore. This doesn't mean that Xem can't go up. Of course it might, especially since there is an airdrop coming. Just be careful guys.
sr. member
Activity: 614
Merit: 254

I wanted to post here similar picture but now when you did it there is no point.

Last couple of days there was strong buy on exchanges but with small amounts not to attract attentions to bots and other traders  Wink

Thank you for this  Smiley
member
Activity: 202
Merit: 30
forum.nem.io
member
Activity: 202
Merit: 30
forum.nem.io

So with this wallet we can import ours XEM wallet file?

You should add this to your web site https://nem.io/downloads/

I don't believe so. We have to wait for snapshot, then your XEM balance can be brought across from XYM nemesis block when it's released.

So if you have 100 XEM in XEM wallet, you will receive 100 XYM in XYM wallet.  In total you will have 100 XEM and 100 XYM.  Two different blockchains and tokens.
sr. member
Activity: 614
Merit: 254
member
Activity: 202
Merit: 30
forum.nem.io
NEM Foundation Support Update - Technology and Product

https://forum.nem.io/t/nem-foundation-support-update-technology-and-product/24269

"TL;DR - New year, new brand, new ways to connect. Get direct help in NEM2 Slack, and follow along with release updates. New test network and existing test network will run in parallel. Symbol branding being implemented. TREZOR will not be available until after XYM launch due to new TREZOR listing criteria. Final testing happening now on opt-in data processing practice runs.



Communications & Support Update


As we are getting into the home stretch of testing before the public network launch, we are updating how tech and product are communicating with and supporting our community.

Communications: We will post regular updates as we move through release cycles and these final phases to the public network launch.

Support (Where To Go To Get Tech and Product Questions Answered.)


NEM development Slack group


The latest invite link is always available at the bottom of the developer center site: https://nemtech.github.io.

The most popular Slack channels for help relating to testnet and general testing are:

#help
#sig-testing


Latest Update: Symbol Testnet


With the latest release it was required to generate a new nemesis block. Instead of restarting the existing network, we typically start a new network alongside the existing one (this approach allows for minimal to no impact for all the various internal and external developers and partners who are leveraging the network)

New network was launched on Wednesday 1/22 and after verification of the network behaving as expected a new public release was made of the code for version 0.9.2.1 (https://github.com/nemtech/catapult-server/tree/v0.9.2.1).

This marks the first test network launched with the new ticker “symbol.xym” which was recently chosen after the finalized community vote.
All future test networks and eventual main net launch will use the new ticker and related branding (more on that below).
The previous network that has been running for a couple of months will continue to run for another few weeks, we will then begin to shut down the base services for it. This will give everyone ample time to move their testing and efforts over to the new network when it is convenient. While having ample time you should begin to migrate your testing efforts now.

There are currently at least two more known sets of updates and fixes coming to the core server code base, some of which will require a reset/restart of the network, and some that do not. Over the next couple of weeks the core development team will be prepping these updates while finishing off some scoping and estimates for implementation and testing timing. As we progress on development more updates will be provided on scheduling of any future test network updates and resets.


Moving to the Symbol.xym Network


Moving your existing development and testing efforts from the old network to the new symbol.xym network is relatively easy depending on how you have been engaging with the network.
⇨ If you have created any accounts, wallets, etc, note that they will not exist on the new network. Any balances, mosaics, namespaces, etc that were created on the previous network will have to be recreated on the new one if they are part of your ongoing testing and development.

NOTE: this update was built with the same parameters as the previous so if you have any network parameters such as currency mosaic IDs or network generation hash values hard wired in your testing, your connection should still work without changes

As noted above, should you not want to disrupt your current dev/testing efforts feel free to slowly migrate your setup over the next couple of weeks, we will announce as we start shutting down previous version services.

If you are/were running a test network node you will need to use the latest version which behaves in the same manner but has been prepared with the new nemesis created for the network and a couple config updates. You can find it here - https://github.com/nemfoundation/symbol-testnet-bootstrap.

Links and details also updated in the latest documentation release here - https://nemtech.github.io/guides/network/running-a-test-net-node.html#running-a-test-net-node.

NOTE: If you were before, or are planning to run permanent testnet nodes and harvesters feel free to drop notes on the #sig-testing channel and team members can send, or re-send, larger amounts of symbol.xym to increase harvesting odds.

For those that have been using and testing the desktop wallet, we have setup a new temporary repository for the movement to the new network:
 
GitHub

nemfoundation/symbol-desktop-wallet-beta - https://github.com/nemfoundation/symbol-desktop-wallet-beta/releases
Initial beta repo for they Symbol XYM desktop wallet - nemfoundation/symbol-desktop-wallet-beta

If you previously were using the wallet you can delete the previous installations as this new one will point automatically to the new network.

Server Support For Older x86 Architectures
Currently the builds and releases of the core server is focused on x86 architectures that are not very old.

We have received messages from various testers via the #help channel that have experienced errors trying to launch nodes on hardware that is much older. We are aware and will be putting some efforts into test builds to target older x86 arch’s and will update when there are builds/releases available for testing.


NIS1 Opt-in Updates


Lots of questions are being asked about the status of opt-in preparation and readiness.

The team is in the final testing stretch to simulate and verify the opt-in data processing side of things. This covers the process that will occur after the opt-in snapshot height is reached and the tools being built will read and verify the NIS1 opt-in data and generate the output that will be fed into the nemesis creation for the new Symbol network. Once this final testing phase is completed we will be ready to package and release the first parts of the opt-in tool.

The first phase of opt-in tool release is in the form of the NEM Wallet (also called nanowallet). Users that use the NEM Wallet will be able to download a new release and perform the opt-in procedure.

The library that powers the NEM Wallet plugin will also be made available for any 3rd parties or people interested in programmatically performing opt-in via their own custom process(es) or client(s).

We are also looking into packaging the library into a focused stand-alone mobile application for those that do not have access to a computer that can run NEM Wallet. More updates on this to come, this will be released some time AFTER the NEM Wallet plugin/release.


Symbol Hardware Wallet Support


Work has been progressing on hardware wallet support, with initial focus on TREZOR and ledger support.

TREZOR work has been completed to the point of being in the final ready state for packaging and submission to review. We have recently learned that TREZOR now has updated criteria for welcoming new tokens to their hardware (which is problematic with launching a new network/token.)
Must be a “top 30” token.
Must leverage new implementation technique for better support between old/new TREZOR hardware.
Pass basic review of a pull request for their firmware.
⇨ This means we will be pushing to finalize the approval process with them after the XYM token launch when it settles into its place in the markets.

Ledger support is still under development, we will have more updates in February for the state of it and their related update/listing criteria as we move things along.

Some of the NEM team is looking into other backups for hardware wallet support beyond TREZOR/Ledger, as they progress research and conversations the tech and product team will take that input and engage where needed.


Symbol Branding and Product Updates


As many of you in the community have already seen, the project is creating a new brand (https://forum.nem.io/t/branding-proposal/24060/133) for the launch of the version 2 network and related products/services.

The final piece was settled recently with the completed vote for the ticker for the public network token. The branding agency and NEM marketing team are now working to create and finalize all the necessary design and branding assets needed for the launch. This includes design assets that will be leveraged in the various products and services that we have today and new ones that will be worked on in the future.

In the coming weeks you will start to notice a range of minor then major updates for reflecting the new branding. This will include the block explorer, desktop wallet, the cli tool, developer/documentation site and several other areas in the project.

We encourage everyone to set up a node and try testnet, let’s grow together! Guide here - https://nemtech.github.io/guides/network/running-a-test-net-node.html "
legendary
Activity: 1596
Merit: 1010
Hello everyone,

I put together a small article on how NEM is evolving in early 2020.

It can be found by clicking here

Plenty of things to look forward to!
member
Activity: 202
Merit: 30
forum.nem.io
I can for now only do screenshots from my tradingview panel, have no possibility to publish full ideas.




Nice ride, i'am waiting for next signals and after that maybe bigger waves up:)

//edit 24.01

Another one wave up is probably coming as "rights issue" scenario should bump price of old NEM by those who wants to have new NEM (Symbol). It should look like pump&dump scheme on charts, but this is natural.

Thanks, some good analysis on the charts. 

There is a mild to medium bullish sentiment in general.  There was a slight correction yesterday in crypto, but bouncing back very well, hopefully should continue short to medium term.  Long term in approx 18 months time, I'm speculating new ATHs in many crypto based on my research.
member
Activity: 152
Merit: 11
I can for now only do screenshots from my tradingview panel, have no possibility to publish full ideas.




Nice ride, i'am waiting for next signals and after that maybe bigger waves up:)

//edit 24.01

Another one wave up is probably coming as "rights issue" scenario should bump price of old NEM by those who wants to have new NEM (Symbol). It should look like pump&dump scheme on charts, but this is natural.
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
"NEM Foundation SYMBOL Testnet Node Tutorial"

"We would like to present you with the SYMBOL Testnet Node Tutorial. Please follow the steps below and join in testing NEM’s next-gen blockchain".


Code: (TUTORIAL)
https://forum.nem.io/t/nem-foundation-symbol-testnet-node-tutorial/24200?u=laurabkk
member
Activity: 202
Merit: 30
forum.nem.io
Seeing support at 0.036 (was previously around 0.032).  Need to break through 0.042 see higher highs.  Seeing a lot of bullish momentum recently. Any healthy corrections will be short-lived.
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