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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 657. (Read 2985503 times)

member
Activity: 97
Merit: 10
legendary
Activity: 2408
Merit: 1004
downloaded and check new  nano wallet

official


https://github.com/QuantumMechanics/NanoWallet
legendary
Activity: 1918
Merit: 1001
I like XEM its a very interesting project.
I wonder though if the "harvesting" of coins as opposed to traditional mining will be confusing and put people off the coin.
People are resistant to change and generally don't like things they don't understand.

Can anyone who knows a lot about the project explain the advantages of the way coins are generated?

Its not really any different than any other POS coin, only difference is you get rewarded more if you actively use your account.
sr. member
Activity: 434
Merit: 250
I like XEM its a very interesting project.
I wonder though if the "harvesting" of coins as opposed to traditional mining will be confusing and put people off the coin.
People are resistant to change and generally don't like things they don't understand.

Can anyone who knows a lot about the project explain the advantages of the way coins are generated?
legendary
Activity: 2408
Merit: 1004
full member
Activity: 201
Merit: 100
Quote
Short History of Japan and Bitcoin
   In 2013.  Many Bitcoin businesses were located in Japan but ran by expatriates.   MtGox was initially created by an American and later sold to a Frenchmen.  

   2014 - Few Japanese in Japan had ever heard of Bitcoin – even with MtGox in the international news.   Most of the people protesting outside of MtGox, in Tokyo, were expatriates.  

                 Legislation and laws on cryptocurrency were a response to something called Mona Coin.  Mona Coin was the first alternate in Japan and was more popular than NEM, in Japan, until 2016.

   In 2015 – “Indigenous” Japanese people (not expats) started to create their own exchanges and businesses, including Takao Asyama who is affiliated with Mijin / NEM .

   In 2016 – the Japanese Blockchain Consortium is founded.   The consortium is predominately Japanese but contains a few expatriates in some positions.  


In terms of ordinary person adoption - Japan is probably where America was in 2011?  

In terms of organization - Japan is probably in the top 3.  The United States and Switzerland is ahead of Japan.  

In terms of top-down interest - there seems to be a lot of banks and businesses in Japan looking at Blockchain.  I think Japan might be better than USA and Switzerland in that regard..


For top-down ~ NEM already was adopted by a few businesses like Okwave, Tech Bureau, a supermarket chain [Adarara?] and apparently Campfire is next.  


NEM is otherwise working hard at the moment to be ready for when more Japanese decide to adopt cryptocurrency.  For NEM to be ready, this means a good mobile app and having some services available.   When the app and services are available, that's when advertisement in Japan will probably increase.

From your username and your comments I assume you don't live in the USA.

USA is really backwards when it comes to progress for society, people want the 1950s back. USA is not as progressive as the movies might tell you.

I sometimes watch commercials from the US of A.  Half the Doctor and highly skilled professionals seem to be African-American.  The white man is predicted as a bumbling idiot who is outsmarted by the woman and minorities.  Does it corroborate with reality?  It must - because everything you see on TV is true.   Grin
legendary
Activity: 1050
Merit: 1000
Quote
Short History of Japan and Bitcoin
   In 2013.  Many Bitcoin businesses were located in Japan but ran by expatriates.   MtGox was initially created by an American and later sold to a Frenchmen.  

   2014 - Few Japanese in Japan had ever heard of Bitcoin – even with MtGox in the international news.   Most of the people protesting outside of MtGox, in Tokyo, were expatriates.  

                 Legislation and laws on cryptocurrency were a response to something called Mona Coin.  Mona Coin was the first alternate in Japan and was more popular than NEM, in Japan, until 2016.

   In 2015 – “Indigenous” Japanese people (not expats) started to create their own exchanges and businesses, including Takao Asyama who is affiliated with Mijin / NEM .

   In 2016 – the Japanese Blockchain Consortium is founded.   The consortium is predominately Japanese but contains a few expatriates in some positions.  


In terms of ordinary person adoption - Japan is probably where America was in 2011?  

In terms of organization - Japan is probably in the top 3.  The United States and Switzerland is ahead of Japan.  

In terms of top-down interest - there seems to be a lot of banks and businesses in Japan looking at Blockchain.  I think Japan might be better than USA and Switzerland in that regard..


For top-down ~ NEM already was adopted by a few businesses like Okwave, Tech Bureau, a supermarket chain [Adarara?] and apparently Campfire is next.  


NEM is otherwise working hard at the moment to be ready for when more Japanese decide to adopt cryptocurrency.  For NEM to be ready, this means a good mobile app and having some services available.   When the app and services are available, that's when advertisement in Japan will probably increase.

From your username and your comments I assume you don't live in the USA.

USA is really backwards when it comes to progress for society, people want the 1950s back. USA is not as progressive as the movies might tell you.
member
Activity: 169
Merit: 10
http://digital.di.se/artikel/patent-disputes-threaten-big-banks-blockchain-bet

http://www.bankingtech.com/612342/trouble-in-the-r3-paradise/

Agreement and standardization in the banking sector is very challenging.
The main obstacles most likely has little to do with technology, rather the competition, self-preservation and especially the big egos.
Each one has differing corporate strategies and wants control.     

With the NEM-Mijin alliance offering public and permissioned blockchains, NEM will always be a viable option.
Catapult is probably months away, whereas Corda is years.
full member
Activity: 201
Merit: 100
Quote
Short History of Japan and Bitcoin
   In 2013.  Many Bitcoin businesses were located in Japan but ran by expatriates.   MtGox was initially created by an American and later sold to a Frenchmen.  

   2014 - Few Japanese in Japan had ever heard of Bitcoin – even with MtGox in the international news.   Most of the people protesting outside of MtGox, in Tokyo, were expatriates.  

                 Legislation and laws on cryptocurrency were a response to something called Mona Coin.  Mona Coin was the first alternate in Japan and was more popular than NEM, in Japan, until 2016.

   In 2015 – “Indigenous” Japanese people (not expats) started to create their own exchanges and businesses, including Takao Asyama who is affiliated with Mijin / NEM .

   In 2016 – the Japanese Blockchain Consortium is founded.   The consortium is predominately Japanese but contains a few expatriates in some positions.  


In terms of ordinary person adoption - Japan is probably where America was in 2011?  

In terms of organization - Japan is probably in the top 3.  The United States and Switzerland is ahead of Japan.  

In terms of top-down interest - there seems to be a lot of banks and businesses in Japan looking at Blockchain.  I think Japan might be better than USA and Switzerland in that regard..


For top-down ~ NEM already was adopted by a few businesses like Okwave, Tech Bureau, a supermarket chain [Adarara?] and apparently Campfire is next.  


NEM is otherwise working hard at the moment to be ready for when more Japanese decide to adopt cryptocurrency.  For NEM to be ready, this means a good mobile app and having some services available.   When the app and services are available, that's when advertisement in Japan will probably increase.
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
Like I said before  XEM is stable to me and NEM platform is so much potential .

Yes, I agree.

I also think that we dont even fully realise the extent NEM is actually being marketed in Japan and other parts of Asia.

There are people taking the project seriously, you just dont get partnerships with Mijin and Tech Bureau, Dragonfly etc overnight.

But why are they not buying XEM? Everyone thought they will buy XEM in zaif and it did nothing for volume. Why no demand?
I know NEM is good tech and serious project, but where is asian popularity shown if not in demand?

This is the reality , only 1 out of 50 people in Asia knows what bitcoin is. So much so with NEM , but fintech industries are quickly adapting the blockchain technology which perhaps will be standardized by banking institutions as they see so much security and potentials.
sr. member
Activity: 280
Merit: 250
🌟 æternity🌟 blockchain🌟
Like I said before  XEM is stable to me and NEM platform is so much potential .

Yes, I agree.

I also think that we dont even fully realise the extent NEM is actually being marketed in Japan and other parts of Asia.

There are people taking the project seriously, you just dont get partnerships with Mijin and Tech Bureau, Dragonfly etc overnight.

But why are they not buying XEM? Everyone thought they will buy XEM in zaif and it did nothing for volume. Why no demand?
I know NEM is good tech and serious project, but where is asian popularity shown if not in demand?
hero member
Activity: 910
Merit: 1000
Like I said before  XEM is stable to me and NEM platform is so much potential .

Yes, I agree.

I also think that we dont even fully realise the extent NEM is actually being marketed in Japan and other parts of Asia.

There are people taking the project seriously, you just dont get partnerships with Mijin and Tech Bureau, Dragonfly etc overnight.

Dragonfly is one that operates several countrys in Asia with its remittance services.
legendary
Activity: 1918
Merit: 1001
Like I said before  XEM is stable to me and NEM platform is so much potential .

Yes, I agree.

I also think that we dont even fully realise the extent NEM is actually being marketed in Japan and other parts of Asia.

There are people taking the project seriously, you just dont get partnerships with Mijin and Tech Bureau, Dragonfly etc overnight.
sr. member
Activity: 289
Merit: 250
Compare Bitcoin and Zcash.
Maximum supply : Bitcoin 21m BTC      =       Zcash     21m ZEC
Available supply  : Bitcoin 15,948,491BTC      Zcash     596 ZEC
Price                   : Bitcoin     707.79 USD        Zcash    1,290 USD

Is this reasonable?  Wink
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
Like I said before  XEM is stable to me and NEM platform is so much potential .
sr. member
Activity: 240
Merit: 250
To all XEM hodlers;

Bitcoin is on the move. So don't get discouraged by the falling BTC price of XEM.
All altcoins are suffering from the same phenomenon.

We just need to wait for Bitcoin to settle at a price. This can take weeks/months.
Until then; be careful and have patience.
One of the distinctive features Xem market was not in his affections of Bitcoin prices. Bitcoin is now increased by 2%, Xem fell by 10%. If Bitcoin will grow by 10%, xem fall to 50% Huh If this happens, unfortunately, for many people xem will be another scamcoin for a long time.


The price will be finally back, most of other alts drop more than xem, you know it, xem keeps good range during bitcoin pump.
full member
Activity: 149
Merit: 100
NEM "performed" very well compared to other major altcoins. It has lost around -5% while Monero, Ethereum, Factom, MaidSafe etc lose much more.
The release of nano wallet was overlaid by the ZCash start, unfortunately. I expect that the price will recover as soon as the ZCash hype declines and investors are taking other coins into account again. Then they will see the big news about NEM.

All the hype around Zcash and Vcash is a joke, expect to see a major dump on both of these after their pump has happened.
Much like what happened to STEEM.

We can clearly see the pumps that Monero and DASH both had also. Just pure manipulation, nothing more.


Dont be fooled by the price per zcash, have a look at the marketcap, its not even $1mil.
legendary
Activity: 1918
Merit: 1001
NEM "performed" very well compared to other major altcoins. It has lost around -5% while Monero, Ethereum, Factom, MaidSafe etc lose much more.
The release of nano wallet was overlaid by the ZCash start, unfortunately. I expect that the price will recover as soon as the ZCash hype declines and investors are taking other coins into account again. Then they will see the big news about NEM.

All the hype around Zcash and Vcash is a joke, expect to see a major dump on both of these after their pump has happened.
Much like what happened to STEEM.

We can clearly see the pumps that Monero and DASH both had also. Just pure manipulation, nothing more.
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