Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 586. (Read 2985436 times)

Some off-topic but very important news connected with blockchain development.

Now Gmail app on Android allows you to send money to any Gmail user in seconds, for free, directly into their bank account.
How any blockchain can survive after this? Money now are going like email.  Google has a big user base, so they have many advantages. They don't need to waste money to attract the new users to use their service.



https://www.neowin.net/news/gmail-on-android-now-lets-you-send-and-request-money---and-doing-so-is-completely-free

Dash is mix of POW/POS now. POS part in masternode part with voting and stuff like that.


NEM have fixed supply in order NEM masternodes to shine NEM have to be wide used then fees will cover operation costs and this is fair, you want earn you need make NEM big and widely used. While Dash want be currency then want be more like system/data transfer.

To be honest masternodes have some myths you need to know that at some point masternods with 9% ROI is BS.
Try today be a sucker and buy for your "BTC" "NEM" Dash masternode : ) . Once those masternodes will stop increasing and will , they will pay less an less over time if price wont rise with nodes all system collapse and you will see not dumpig like 1 Dash but with 1000 Dash at once.For me price of dash is hyped a lot but time will come to rebalance it/correction like it was with NEM and jump to 2800 sat .


Nem is flexible if will be widely used you will get allways NEM from transactions, but it need to be used.
This is POI so you have to USE your nem to have bigger POI ... More you use NEM more you earn.

Good luck for all Dash users.

DASH is the best POW coin.  NEM is the best non-POW coin.  There are probably some very good use cases for both.

thanks for posting that

Heres a great tutorial on the forum:
https://forum.nem.io/t/nem-supernode-command-line-tutorial-for-debian-8-4/2211/69

Is there a tutorial on setting up a supernode?

My question is if Mijin is based in NEM design, then is there any reason why NEM cant achieve speeds close to Mijin either?

Careful there The private chain (Mijin) is ~ 4000 TPS currently with beta Catapult tests. The current public chain is hard capped at around 5 TPS or something I think but is theoretically capable of 15 or so but would need to be unlocked with a hard fork. Once catapult arrives, there should be some sort of measured increase in performance in the public network work once some of those features are folded in.

1000 Dash to run a masternode.
ROI currently 9.12 % on annual base.

* VPS server costs excluded.
* ROI is scheduled to diminish over time as Dash has an annual 7.1% cut on its block rewards (we just had such a 7% cut on our block rewards very recentely)

Masternodes gets currently 1.8 Dash paid from the blockchain approx every 7 days (same for miners)

If a masternode is very lucky it can get 2x 1.8 Dash (we call that winning the lottery) and if a masternode is very unlucky it
skips a payment. Both are very rare occassions


at dash master nodes win earn much much more than xem

so dev at xem must gives to supernodes more xem

we have the same amount from september half a year and more
is not fairrrrrrrr

dev must increased the amount of  xem per day per supernodes

Please dont tell me that is quoted from Evan! lol

Looks like your quote is from some DASH fanboy.

There is no such thing as a NEM masternode, and if he/she is referring to a supernode, well there is not alot of difference is there? lol
Both types of nodes have to hold an amount of the currency, DASH masternodes being 1000 DASH, and for a NEM supernode, 3Mil XEM.

Dont know what they are even trying to get at! lol

ok thanks sounds good

one thing though

"Dash masternode will last forever and pay Dash while NEM masternode to live need NEM to be used widely"

wouldn't a master node that last for ever be better as it allows people to hang in there during down turns in usage

We need more services, online stores, online gaming to accept XEM. We all know where the real value is. NEM is far beyond all other block chaining technologies, it is yet to be used by end users on daily bases. We are about to get there, few online stores started to accept XEM, one gaming company started adapting NEM tech, this is where NEM needs more development. It is happening but slowly and steady as you've pointed out.

Join our official Telegram to speak with the rest of the community.
See you there! (as of 15-3-2017)


NEM Red (553 members)
https://t.me/nemred


NEM Australia (5 members)
https://t.me/joinchat/AAAAAAryDRwiGJBzHvVK7Q

NEM Philippines (16 members)
https://t.me/joinchat/AAAAAAvm7uTODMLyQsisMA

NEM Russia (332 members)
https://t.me/NEMru

NEM Greece (5 members)
https://t.me/NEMgreece

NEM Germany-Austria-Switzerland (35 members)
http://nem.my/join_telegramgroup_german

NEM Polska (17 members)
https://t.me/joinchat/AAAAAAlXNoO17BMBcoQaPA

NEM New Zealand (9 members)
https://t.me/joinchat/AAAAAAruwfvosWmh0C2kFA

NEM Japan Community (190members)
https://t.me/nemjapan

NEMberia (Price speculation room)
https://t.me/nemberia

Dash dev have for him self from istamine like 11% of all DRK/Dash
NEM devs controls Devfund but with multi signatures so this is not in hand of one guy.
***
Dash have inflation while NEM have fixed supply.
NEM masternodes get NEM from masternode fund that is aim to work over 3years then network should support master nodes itself.
Dash have masternodes that will all time generate DASH.
Dssh mix coins to get privacy NEM doesnt try to do it NEM aims into blockchaintechnology more than dark market.
Dash want to be daily currency while NEM is aiming to be interesting blockchain with easy API for companies/developers.
Dash is heavily pumped right now becose many big big bitcoiner hooped on Dash while NEM rise more slowly.
Dash have its main dev king Evan while Nem have few core devs that controls NEM dev fund.
Dash with tax peole for development NEM taxed at begining and creatind some special fund for that.
Dash to mine or own supernode you have to use your prive key while in NEM have special "remote" key - NEM wins
In sumary :
Dash is aiming into mass usage coin daily currency while NEM is aim to be business blockchain those are 2 different directions.
Dash masternode will last forever and pay Dash while NEM masternode to live need NEM to be used widely.
Nem is less hyped than Dash, Nem devs don't give a fuck to marketing right now
Nem at point of creation had some rules , was annouced and realease while Dash have shady instamine part.

If you look for tech NEM is better , if you look for hype and incoming pumps Dash is way to go IMO, at least before Dash evolution.

PS: I like NEM more than DASH just because devs were fair from day 0 they didn't do any shit to community, while Dash to often changes rules.


If BTC Devs will go in sidechain solution they wil can move allso many tx/s.
They don't want put to much on main chain becouse it have already 100GB.
IF you will have 1000tx/s in any blockchain it will lead to block size like 100GB in few weeks and 1 big data center needed for IT.

 BTC can handle only around 3-4TPS, DASH can do about 200, XEM can handle thousands

Can any one set out the differences / advantages disadvantaged of NEM vs DASH

I understand what everyone is saying, but how can it be undervalued if the adoption is not there yet? These pumps help some, but it ends up hurting in the long term because it turns off fresh investors who are researching crypto coins.

Before NEM can reach it's true value, it needs mass adoption which it is doing slowly and steady. I have even talked to some people in the computer science field who have heard of BTC but have no idea how it works. These are people who should know more than anyone about this tech, yet they are not well informed.

Best is NEM to rise slowly above all other cryptos and show it's true value, most of us already know where the true value is. It's just not the right time yet, NEM will have it's day and it will be good for all.

A house built on a good foundation will not be easy to take down.

Very interesting new tech.  I'm pretty sure the community has covered this already, but why such hi count on total coins? Other than that good luck it looks promising.

I think ours has been very slow when you compare to the likes of DASH and ETH.
Those are too far high a rise for my liking and would consider those to be pumps, and any that bought in at that time will get burnt.

I dont see our new low being any less than $100 million for the time being.

If anything we are seriously undervalued so should be sitting at least $300 million right now.

Buy wall at ~ 30+ BTC at 910, that's completely artificial. Not much volume above that price, very small buys and larger sells.

I agree it's an issue and as community members we should advice new investors so they are wise to these tactics and NEM will build better trust with the general public.