NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 593.

greentea

legendary

Activity: 1418

Merit: 1002

For anyone who hasn't seen this, great use of the NEM Platform & Apostille!

Also, just noticed one of the team members is a Sr. Business analyst for Digipolis in Antwerp and NEM Foundation member.

Remember Digipolis ...
https://cointelegraph.com/news/how-japanese-blockchain-technology-revolutionizes-municipal-government-in-belgium

nzminer

legendary

Activity: 1918

Merit: 1001

Quote from: visaco on March 08, 2017, 12:10:19 PM

https://suzuri.jp/cryptostream/products

Thats awesome! Now we have our own mascot!!! Cheesy

Spider

full member

Activity: 171

Merit: 100

Quote from: Jayjay04 on March 08, 2017, 01:51:49 PM

How does harvesting work ? Which wallet do I have to use ?

You can use old walet (NIS + NCC) or Nano Wallet.

https://blog.nem.io/how-local-and-delegated-harvesting-works/
https://blog.nem.io/how-to-use-delegated-harvesting/

vytasz7

hero member

Activity: 561

Merit: 500

Quote from: LemonAndFriesOne on March 08, 2017, 12:23:53 PM

Quote from: vytasz7 on March 08, 2017, 11:39:08 AM

I am stuck on block ( NIS is synchronizing. At block 998273 ) , what to do ?

Before logging in, go to settings and use an alternate node: https://www.nodeexplorer.com/

This will show you the latest block without having to download the whole blockchain, in the background the blockchain will be syncing.

how to use alternate node?

visaco

sr. member

Activity: 359

Merit: 250

https://lamassu.is/

BloodyRookie

hero member

Activity: 687

Merit: 500

Quote from: vytasz7 on March 08, 2017, 11:39:08 AM

I am stuck on block ( NIS is synchronizing. At block 998273 ) , what to do ?

Be sure to run NIS version 0.6.84. you can also download a recent version of the chain if you want:
bob.nem.ninja/nis5_mainnet-1002k.h2.db.zip
otherwise you probably need to sync from scratch.

Jayjay04

legendary

Activity: 1364

Merit: 1000

Quote from: Spider on March 08, 2017, 01:09:42 PM

Quote from: cryptoholder on March 08, 2017, 12:47:42 PM

Hey Guys,

I'm planning to start local harvesting for educational purposes, but I'd really like to know if you have the minimum required to start it, which is 10k XEM, I would have any influence in the network to stand any chance to harvest something. How can I know that? I'd appreciate technical details about how it is the harvesting workflow and chances attached to an average Joe.

Thanks in advance

White paper contains all of the technical details: https://www.nem.io/NEM_techRef.pdf

100k XEM is recommended, with 10k XEM it will take a lot of time to find a block. Right now there is a lot of empty blocks so harvesting isn't profitable.

How does harvesting work ? Which wallet do I have to use ?

Spider

full member

Activity: 171

Merit: 100

Quote from: cryptoholder on March 08, 2017, 12:47:42 PM

Hey Guys,

I'm planning to start local harvesting for educational purposes, but I'd really like to know if you have the minimum required to start it, which is 10k XEM, I would have any influence in the network to stand any chance to harvest something. How can I know that? I'd appreciate technical details about how it is the harvesting workflow and chances attached to an average Joe.

Thanks in advance

White paper contains all of the technical details: https://www.nem.io/NEM_techRef.pdf

100k XEM is recommended, with 10k XEM it will take a lot of time to find a block. Right now there is a lot of empty blocks so harvesting isn't profitable.

cryptoholder

newbie

Activity: 1

Merit: 0

Hey Guys,

I'm planning to start local harvesting for educational purposes, but I'd really like to know if you have the minimum required to start it, which is 10k XEM, I would have any influence in the network to stand any chance to harvest something. How can I know that? I'd appreciate technical details about how it is the harvesting workflow and chances attached to an average Joe.

Thanks in advance

franc0

hero member

Activity: 756

Merit: 500

Hire me! Spanish translator and community manager!

Quote from: xtyling on March 08, 2017, 12:25:41 PM

Which population/countries is NEM most popular ?

Japan, US, Germany? https://nemnodes.org/ There's enough concentration of nodes in those places Vs size of the country.

xtyling

sr. member

Activity: 588

Merit: 250

Crypto is Life!

Which population/countries is NEM most popular ?

LemonAndFriesOne

legendary

Activity: 1050

Merit: 1000

Quote from: vytasz7 on March 08, 2017, 11:39:08 AM

I am stuck on block ( NIS is synchronizing. At block 998273 ) , what to do ?

Before logging in, go to settings and use an alternate node: https://www.nodeexplorer.com/

This will show you the latest block without having to download the whole blockchain, in the background the blockchain will be syncing.

visaco

sr. member

Activity: 359

Merit: 250

https://suzuri.jp/cryptostream/products

vytasz7

hero member

Activity: 561

Merit: 500

I am stuck on block ( NIS is synchronizing. At block 998273 ) , what to do ?

greentea

legendary

Activity: 1418

Merit: 1002

Quote from: cryptonit on March 08, 2017, 04:27:06 AM

Quote from: suky321 on March 07, 2017, 08:58:24 AM

Quote from: fragout on March 07, 2017, 07:34:33 AM

If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem, Also the supernode fund is deep so rewards can increase as supernode numbers fall to tempt others to run one.

At that time the cost of a supernode would be $3,000,000. Perhaps the devs would reduce the minimum balance as an incentive or change the daily reward.

dont forget supernodes is a temporary thing
NEM is designed around harvesting tx fees
supernodes only simulate tx fee income from a fund pot which when it is empty supenode payouts will stop too
as i understand the supernode payout will run max 2 or 3 years
in that timeframe the daily tx volume and possible to harvest fee income should generate a similar income stream

never forget XEM is zero inflation
there is no coins come out of nothing

the supernode fund currently has 170,000,000, which would last 3+ years at the moment with a payout of 140,000XEM/day
http://explorer.ournem.com/#/accountlist

But if need be Im sure this could be extended if the network is in need as they have the funds ...

seek4dream

hero member

Activity: 966

Merit: 501

Quote from: BloodyRookie on March 08, 2017, 08:22:49 AM

Quote from: seek4dream on March 08, 2017, 07:58:07 AM

My NEM wallet worked well yesterday.
After computer crash, it won't work. it says "NIS is running(booted).NCC is stopped" .
I reinstalled the wallet but it doesn't work.
Whatt should be done?

try deleting c:\users\\nem\ncc\accounts_cache_mainnet.json

It works again. Many thanks.

BloodyRookie

hero member

Activity: 687

Merit: 500

Quote from: seek4dream on March 08, 2017, 07:58:07 AM

My NEM wallet worked well yesterday.
After computer crash, it won't work. it says "NIS is running(booted).NCC is stopped" .
I reinstalled the wallet but it doesn't work.
Whatt should be done?

try deleting c:\users\\nem\ncc\accounts_cache_mainnet.json

kauppalahti

full member

Activity: 235

Merit: 110

HAVUJA PERKELE!

Quote from: freigeist on March 08, 2017, 05:38:04 AM

Quote from: PovertyByte on March 08, 2017, 04:52:49 AM

I have a wallet harvesting question

I got 700 XEM on the android mainnet beta wallet. I looked at it and over 600 is vested towards harvesting now. I thought there was a minimum limit to begin harvesting.

I think the minimum limit is 10000 xem vested to start harvesting.
If you want to start harvesting fund your wallet with 100 000 xem so that
you don't have to wait long time before this amount of 10000 get vested.

@Freigeist is back! Hi there!

seek4dream

hero member

Activity: 966

Merit: 501

My NEM wallet worked well yesterday.
After computer crash, it won't work. it says "NIS is running(booted).NCC is stopped" .
I reinstalled the wallet but it doesn't work.
Whatt should be done?

freigeist

hero member

Activity: 1116

Merit: 535

Quote from: PovertyByte on March 08, 2017, 04:52:49 AM

I have a wallet harvesting question

I got 700 XEM on the android mainnet beta wallet. I looked at it and over 600 is vested towards harvesting now. I thought there was a minimum limit to begin harvesting.

I think the minimum limit is 10000 xem vested to start harvesting.
If you want to start harvesting fund your wallet with 100 000 xem so that
you don't have to wait long time before this amount of 10000 get vested.

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 593. (Read 2985436 times)