So does anyone have any plans for this current rise?
Nothing has changed since it was 300 satoshis a short while back. It's now riding the coattails of the wider pump.
Once the biggies start to falter do you think people will throw profits into smaller coins like XEM and push it higher?
i was to long offline , captapult is sheldued to Q1 2017 so this rise probably becouse of that.
So fai hav not seen NEM devs fucked up anything in development so that rise in price can be rational just read white paper to relize about what is going play. Look like NEM is not "coin" but complex buisnes solution with high performance.
You can be lazy ass or read:
https://www.nem.io/catapultwhitepaper.pdfSome highliths from paper:
4.1.
FEATURE HIGHLIGHTS
Catapult is rewritten entirely new in the C++ language,
borrowing the core concepts from its first generation NEM
release, augmenting these concepts from lessons learned, and
amending a
nd extending these concepts to enhance the offering.
... Catapult include:
1 ) High scalability, design based on the industry standard
tiered web architecture commonly found in enterprise
computing , a holistic offering yet to be seen
in any blockchain solution
2) Introduction of a high performance and highly scalable
API gateway server layer
with an open integration
architecture
3) High throughput message queues for realtime analysis
and big data analytics of transactions
4) Use of nosql database at the API layer, which is more
suited for high speed messaging
5) Embedded escrow service for exchange
of assets on the blockchain a special transaction contract
6) High transaction rates (in excess of 3000 transactions per
second)
7) Permissible access to accounts, i.e., each person can only
access what she can see.
8 ) Interoperability – allow external decentralised or centralised
applications or smart contract solutions to
transact using the blockchain.
9) Business Rules – rules where object states can result in an
indisputable transition to a new state as a result of a
definite and conclusive action, specifically on the
calculation of transaction charges based on a predefined
set of irrevocable and immutable input criteria.
10) Metadata – Accounts and assets shall have configurable
metadata fields.
In addition to the above, the existing functions and features
already present in the current release of NEM, will be enhanced
and ported across to the Catapult project. These include:
a) built in messaging solution
b) A process activated or manual sign-off function for
transactions, with multiple approvals, where needed.
c) A multiple ledger with multiple corresponding assets in
one blockchain
d) Every account can hold multiple assets from multiple
ledgers in the same blockchain so that these accounts can
be used for all products and services the bank is offering,
e.g., one account can
be holding USD, EUR,GBP, Gold,
Interest Rate Swap, ETF units, etc., each with its own
history of transaction records and balance.
e) Every account can be controlled by the financial
institution – allowing for compliance and AML control
mechanisms to be implemented in order to manage these
transactions
f) Freezing accounts
d) Transaction reversal with full audit trail and accountability
