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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 636. (Read 2985503 times)

hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
That exactly Balance (network) and Balance (nembex) mean in xem blockchain explorer?

Quote
... bitcoin too outdated 5 years ago...

yep, 100gb blockchain and obvious segwit fail make me think that now we see last bitcoin pump ever Sad

I Don't think the price will fall in near future even if it does
 it 's still and it will remain an entry point to any other altcoin for long time.  Sad



tomorrow 20 million people ( 10 million users of bitcoin ) will have one bitcoin and then what?
hero member
Activity: 616
Merit: 500
I hope that the devs doesn't release Catapult in December, because of the Bitcoin pump.
This is possible; Target $1400.



Q1 2017 (like the whitepaper says) seems a perfect timing for me when the BTC pump settles and the money flows into alts.

Anyway... I'm planning to buy more XEM in December if BTC peaks.

Hi XEM !

Welcome to my price target. Time to buy some cheap XEM's.
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
Nem Catapult reached 3085 tx/s average and 4142 tx/s at maximum.

holy crap. Smiley

https://www.sakura.ad.jp/press/2016/1220_blockchain/

Very good news for NEM. The new Catapult technology was tested by third parties and found out to be very fast.  

In summary, Catapult was tested on three nodes that were turned off and on to simulate outages.  They were spammed over 4000 tx/s.  Spam was sent from over 10 million accounts.  And everything worked great!

sounds good, but how many accounts were active in this environment? 10 million? sounds also good but should be more (visa has for example >800 million accounts).
the speed should be depending much on the number of accounts and also the length of the transactions stack since go-live, because the database calls will become slower, when the tables are longer...

Mmmmhhh.......but, how many people (in a full time job(dev´s)) and how much money or which infrastructure works for visa......?   Wink

Visa started 1970/1976 .....Huh  


its about the test significance, not visa...
bitcoin can not scale, because those kind of questions were not asked before...
For example if the transaction rate went down only linear with the amount of users you will be down to 50 tx/s with 800 million users. And if nem was about to replace visa (whenever it would be the case), everyone would shout omg, why didn't you think about that before...
hero member
Activity: 1116
Merit: 535
That exactly Balance (network) and Balance (nembex) mean in xem blockchain explorer?

Quote
... bitcoin too outdated 5 years ago...

yep, 100gb blockchain and obvious segwit fail make me think that now we see last bitcoin pump ever Sad

I Don't think the price will fall in near future even if it does
 it 's still and it will remain an entry point to any other altcoin for long time.  Sad


hero member
Activity: 704
Merit: 500
That exactly Balance (network) and Balance (nembex) mean in xem blockchain explorer?

Quote
... bitcoin too outdated 5 years ago...

yep, 100gb blockchain and obvious segwit fail make me think that now we see last bitcoin pump ever Sad
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
Nem Catapult reached 3085 tx/s average and 4142 tx/s at maximum.

holy crap. Smiley

https://www.sakura.ad.jp/press/2016/1220_blockchain/

Very good news for NEM. The new Catapult technology was tested by third parties and found out to be very fast.  

In summary, Catapult was tested on three nodes that were turned off and on to simulate outages.  They were spammed over 4000 tx/s.  Spam was sent from over 10 million accounts.  And everything worked great!

sounds good, but how many accounts were active in this environment? 10 million? sounds also good but should be more (visa has for example >800 million accounts).
the speed should be depending much on the number of accounts and also the length of the transactions stack since go-live, because the database calls will become slower, when the tables are longer...

Mmmmhhh.......but, how many people (in a full time job(dev´s)) and how much money or which infrastructure works for visa......?   Wink

Visa started 1970/1976 .....Huh  

a visa is not practical and outdated 20 years ago
... bitcoin too outdated 5 years ago...
legendary
Activity: 866
Merit: 1002
so when should be next NEM milestone reached?

depends what milestone do you have in mind
hero member
Activity: 616
Merit: 500
so when should be next NEM milestone reached?

Somewhere in Q1 2017
full member
Activity: 196
Merit: 100
so when should be next NEM milestone reached?
member
Activity: 144
Merit: 12
Nem Catapult reached 3085 tx/s average and 4142 tx/s at maximum.

holy crap. Smiley

https://www.sakura.ad.jp/press/2016/1220_blockchain/

Very good news for NEM. The new Catapult technology was tested by third parties and found out to be very fast.  

In summary, Catapult was tested on three nodes that were turned off and on to simulate outages.  They were spammed over 4000 tx/s.  Spam was sent from over 10 million accounts.  And everything worked great!

sounds good, but how many accounts were active in this environment? 10 million? sounds also good but should be more (visa has for example >800 million accounts).
the speed should be depending much on the number of accounts and also the length of the transactions stack since go-live, because the database calls will become slower, when the tables are longer...

Mmmmhhh.......but, how many people (in a full time job(dev´s)) and how much money or which infrastructure works for visa......?   Wink

Visa started 1970/1976 .....Huh 
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
Nem Catapult reached 3085 tx/s average and 4142 tx/s at maximum.

holy crap. Smiley

https://www.sakura.ad.jp/press/2016/1220_blockchain/

Very good news for NEM. The new Catapult technology was tested by third parties and found out to be very fast.  

In summary, Catapult was tested on three nodes that were turned off and on to simulate outages.  They were spammed over 4000 tx/s.  Spam was sent from over 10 million accounts.  And everything worked great!

sounds good, but how many accounts were active in this environment? 10 million? sounds also good but should be more (visa has for example >800 million accounts).
the speed should be depending much on the number of accounts and also the length of the transactions stack since go-live, because the database calls will become slower, when the tables are longer...
hero member
Activity: 616
Merit: 500
Nem Catapult reached 3085 tx/s average and 4142 tx/s at maximum.

holy crap. Smiley

https://www.sakura.ad.jp/press/2016/1220_blockchain/

Very good news for NEM. The new Catapult technology was tested by third parties and found out to be very fast. 

In summary, Catapult was tested on three nodes that were turned off and on to simulate outages.  They were spammed over 4000 tx/s.  Spam was sent from over 10 million accounts.  And everything worked great!

For comparision, how many tx can bitcoin do per second?

3 or 4 transactions
legendary
Activity: 1190
Merit: 1000
Nem Catapult reached 3085 tx/s average and 4142 tx/s at maximum.

holy crap. Smiley

https://www.sakura.ad.jp/press/2016/1220_blockchain/

Very good news for NEM. The new Catapult technology was tested by third parties and found out to be very fast. 

In summary, Catapult was tested on three nodes that were turned off and on to simulate outages.  They were spammed over 4000 tx/s.  Spam was sent from over 10 million accounts.  And everything worked great!

For comparision, how many tx can bitcoin do per second?
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Nem Catapult reached 3085 tx/s average and 4142 tx/s at maximum.

holy crap. Smiley

https://www.sakura.ad.jp/press/2016/1220_blockchain/

Very good news for NEM. The new Catapult technology was tested by third parties and found out to be very fast. 

In summary, Catapult was tested on three nodes that were turned off and on to simulate outages.  They were spammed over 4000 tx/s.  Spam was sent from over 10 million accounts.  And everything worked great!
hero member
Activity: 616
Merit: 500
If the main blockchain platform was NEM, I'd consider.  

This is quite possible in the future.

We are not locked to a certain blockchain forever and can always shift to a more advanced one

IF you want to use Ethereum software for something.
Use the Classic version (ETC) instead of the corrupted/spammed/centralized version (ETH).

Spare yourselves with the drama and Hard Forks =)
legendary
Activity: 1918
Merit: 1001
All I can say to the Chronobank team is that you wont be disappointed at what NEM has to offer you Smiley
full member
Activity: 126
Merit: 100
Chronobank Community Manager

They are planning to port their software to other blockchains too.

What this exactly mean is unclear.
Replicating every transaction on every blockchain? Seems quite hard...

Its not the first project Ive heard of that can run on more than one blockchain.
But im sure they will see the benefits of NEM once they start using it Smiley

We absolutely do see the benefits of NEM, it's why it's on the very short list of projects in the Crypto sphere that we will be porting to!
sr. member
Activity: 1081
Merit: 251
Formerly known as Chronobank, now Chrono.tech
They are planning to port their software to other blockchains too.

What this exactly mean is unclear.
Replicating every transaction on every blockchain? Seems quite hard...

No, we will issue stable coins on NEM blockchain to enable any NEM user to transact/store fiat measured values.

I hope it will contribute to development of NEM ecosystem a little bit.

We also explore using NEM blockchain in LaborX marketplace
sr. member
Activity: 1081
Merit: 251
Formerly known as Chronobank, now Chrono.tech
If the main blockchain platform was NEM, I'd consider.  

This is quite possible in the future.

We are not locked to a certain blockchain forever and can always shift to a more advanced one
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