Core Devs Questions for Active Proposals
https://forum.nem.io/t/core-devs-questions-for-active-proposals/21955
Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 80. (Read 2984910 times)
February 11, 2019, 05:53:49 PM
February 11, 2019, 10:14:18 AM
February 11, 2019, 08:25:09 AM
NEM Catapult: A New Server Release (Cow) 
also have a typical roadmap for catapult public release
great job for NEM CORE TEAM
https://medium.com/@nemtechdev/nem-catapult-a-new-server-release-cow-95ec47cb82cc?source=linkShare-30ee0d7b373d-1549855027&_branch_match_id=623436530645730318
also have a typical roadmap for catapult public release
great job for NEM CORE TEAM
https://medium.com/@nemtechdev/nem-catapult-a-new-server-release-cow-95ec47cb82cc?source=linkShare-30ee0d7b373d-1549855027&_branch_match_id=623436530645730318
When is moon?
February 11, 2019, 06:22:31 AM
[help] I have anxiety,how to send token mosaic at nem wallet.I have a number of tokens to send but there is no token in the mosaic attach.
February 11, 2019, 04:24:59 AM
NEM Catapult: A New Server Release (Cow)
also have a typical roadmap for catapult public release
great job for NEM CORE TEAM
https://medium.com/@nemtechdev/nem-catapult-a-new-server-release-cow-95ec47cb82cc?source=linkShare-30ee0d7b373d-1549855027&_branch_match_id=623436530645730318
also have a typical roadmap for catapult public release
great job for NEM CORE TEAM
https://medium.com/@nemtechdev/nem-catapult-a-new-server-release-cow-95ec47cb82cc?source=linkShare-30ee0d7b373d-1549855027&_branch_match_id=623436530645730318
February 09, 2019, 10:59:03 AM
Would be great to see a full list of foundation salaries, help decide if this proposal is worth it.
There is no exact and full list of former foundation salaries. The future salaries however can be derived from the costs presented in the recent funding proposal for 2019.
The video lists the costs for employees and their roles starting at 27:49. I work in the technology field and the planned salaries are average for full time employees.
What you are saying is that NEM foundation paid ghosts high salaries that now they cannot be accounted for.
That's not a well thought out excuse.
Singapore has strict financial laws, there has to be a record where employees were hired and how much they were paid.
NEM had a registered office in Singapore with "employees" working there. Unless that was a lie also.
February 09, 2019, 08:02:50 AM
Would be great to see a full list of foundation salaries, help decide if this proposal is worth it.
There is no exact and full list of former foundation salaries. The future salaries however can be derived from the costs presented in the recent funding proposal for 2019.
The video lists the costs for employees and their roles starting at 27:49. I work in the technology field and the planned salaries are average for full time employees.
February 09, 2019, 06:36:35 AM
Phere is ongoing Pool Vote for:
Give John Fenley 210,000,000 XEM instead of funding the NEM foundation and he will sell a small amount to fund research into finding people who are owed stakes. He will then arrange to meet up with them and present them with a giant novelty check for 2,250,000 XEM. Video of the presentation will be made public, and the XEM will be transferred when the stakeholder is ready for it. Unused funds will be returned in 48 months.
Can anyone explain this?
Regards
Give John Fenley 210,000,000 XEM instead of funding the NEM foundation and he will sell a small amount to fund research into finding people who are owed stakes. He will then arrange to meet up with them and present them with a giant novelty check for 2,250,000 XEM. Video of the presentation will be made public, and the XEM will be transferred when the stakeholder is ready for it. Unused funds will be returned in 48 months.
Can anyone explain this?
Regards
February 09, 2019, 12:58:42 AM
Would be great to see a full list of foundation salaries, help decide if this proposal is worth it.
February 08, 2019, 09:10:48 PM
I would like to bring up a good point a person on NEM official forum posed:
The new foundation basically wants to give themselves 2.5M USD and the devs, who actually do 99% of the work, only 275k USD. Smells really fishy and scammy.
And who is NEMSecretariatOffice? Who handed her the job and from my understanding she is asking for a 500k USD annual salary. When was the community informed about her hiring? How did it happen?
Vote "NO" on the new proposal by the "foundation".
Reward the developers and those who hodl through the gains and losses.
Fund a small marketing team who answers to the community and developers.
Don't allow the "foundation" to enrich itself again at our expense.
Quote
NEMSecretariatOffice wrote:
In the development for Catapult, there will need to be localised trainings (likely most will be digital) that can be understood in all levels (enterprise, government, individuals, startups etc), guides and manuals along with partnerships with other parties with the distribution and scale. This all supports to the development of Catapult.
A lot of the work will come also after Catapult is launched, like the commercialization, localisation to various languages, projects to manage etc. We are taking a revenue-driven approach through some sort of consulting, advisory (managed by the Chief Revneue Officer) for NEM Foundation to continue to provide support for version updates and further applications to be build on Catapult.
In the development for Catapult, there will need to be localised trainings (likely most will be digital) that can be understood in all levels (enterprise, government, individuals, startups etc), guides and manuals along with partnerships with other parties with the distribution and scale. This all supports to the development of Catapult.
A lot of the work will come also after Catapult is launched, like the commercialization, localisation to various languages, projects to manage etc. We are taking a revenue-driven approach through some sort of consulting, advisory (managed by the Chief Revneue Officer) for NEM Foundation to continue to provide support for version updates and further applications to be build on Catapult.
Quote
spizzerb replied:
thx for trying to answer my question but i have to ask again:
given that one of the goals of this propposal is to advance the development of catapult, how does it actually achieve this? from looking at the numbers I don't see a clear focus on tech development itself
the propsoal calls for 8M of which 2.5M (31%) falls under the CTO. of that, there appear to be only 4 FTEs (together at 275k) working on nemtech development (excluding docs and websites). what happened to the positions listed on nem.io jobs?
Out of 8M in funding you only plan to spend 275k on actual devs which support catapult/nemtech development. Can you pls comment how this fits the strategy "catapult first"? Jobs from nem.io which are online at the moment are not considered in your proposal at all. Why?
Thank you
thx for trying to answer my question but i have to ask again:
given that one of the goals of this propposal is to advance the development of catapult, how does it actually achieve this? from looking at the numbers I don't see a clear focus on tech development itself
the propsoal calls for 8M of which 2.5M (31%) falls under the CTO. of that, there appear to be only 4 FTEs (together at 275k) working on nemtech development (excluding docs and websites). what happened to the positions listed on nem.io jobs?
Out of 8M in funding you only plan to spend 275k on actual devs which support catapult/nemtech development. Can you pls comment how this fits the strategy "catapult first"? Jobs from nem.io which are online at the moment are not considered in your proposal at all. Why?
Thank you
The new foundation basically wants to give themselves 2.5M USD and the devs, who actually do 99% of the work, only 275k USD. Smells really fishy and scammy.
And who is NEMSecretariatOffice? Who handed her the job and from my understanding she is asking for a 500k USD annual salary. When was the community informed about her hiring? How did it happen?
Vote "NO" on the new proposal by the "foundation".
Reward the developers and those who hodl through the gains and losses.
Fund a small marketing team who answers to the community and developers.
Don't allow the "foundation" to enrich itself again at our expense.
February 08, 2019, 08:14:22 PM
Catapult version 0.3.0.1 released in Github. Milestone "COW" reached. After adding 40k lines of code, 19k lines of deletion and a total of 1.3k files changed. Next? "Dragon" milestone!
https://github.com/nemtech/catapult-server/compare/v0.2.0.2..v0.3.0.1
https://github.com/nemtech/catapult-server/compare/v0.2.0.2..v0.3.0.1
February 08, 2019, 11:41:47 AM
33 BTC for a supernode? Is there too much money?
Even when I have available 33 BTCs, I will not use them for investing into one NEM supernode.The cost is too expensive and it's very risky to invest a huge money into only one supernode, and one altcoin.
I will use 33 BTCs to invest into different coins, not only NEM.
It was a smart choice, 33 BTC for me could be for 33 altcoins and if 70% of the funds were profitable and the remaining 30% I lost, I was still profitable 40%. That is the name of business.
February 08, 2019, 09:38:11 AM
Even when I have available 33 BTCs, I will not use them for investing into one NEM supernode.
The cost is too expensive and it's very risky to invest a huge money into only one supernode, and one altcoin.
I will use 33 BTCs to invest into different coins, not only NEM.
The cost is too expensive and it's very risky to invest a huge money into only one supernode, and one altcoin.
I will use 33 BTCs to invest into different coins, not only NEM.
Yes of course. Only a nutter would do that. It's more for early adopters. There are enough of them so there's been no move to reduce the required amount of coins. That may change if numbers fall away.
February 08, 2019, 09:23:33 AM
33 BTC for a supernode? Is there too much money?
Even when I have available 33 BTCs, I will not use them for investing into one NEM supernode.The cost is too expensive and it's very risky to invest a huge money into only one supernode, and one altcoin.
I will use 33 BTCs to invest into different coins, not only NEM.
February 07, 2019, 01:00:41 PM
What kind of returns could I expect, say I had 10k investments and started harvesting, how many xems could I get?
Depends on your reputation. Among other things, the more transactions you made the higher is your importance. I have several accounts for several use cases and all are harvesting. One of them has around 12k XEM (so similiar as the amount you're asking for). It usually finds 3-5 blocks a weeks, many are empty but some contain fees. Back in November I even found a block with 320 XEM in fees.
However, you need to consider that your amount is not completely used for harvesting from the beginning. The reason is vesting mechanism. Your balance will gradually be counted as your harvesting balance.
February 07, 2019, 08:19:19 AM
What kind of returns could I expect, say I had 10k investments and started harvesting, how many xems could I get?
You'd earn ~400 XEM a day plus harvesting fees if you invest 33 BTC (at today's price) in a supernode.
It depends on the price of XEM and BTC, in January 2018 the price was approx 380 BTC (~$3M), but that was at the ATH. Think of it as an investment, you receive around 3.65% ROI. At the low prices currently it is an excellent long term investment.
See this thread for some idea:
https://forum.nem.io/t/supernode-payout-only-2/10312
February 07, 2019, 07:39:12 AM
What kind of returns could I expect, say I had 10k investments and started harvesting, how many xems could I get?
You'd earn ~400 XEM a day plus harvesting fees if you invest 33 BTC (at today's price) in a supernode.
February 07, 2019, 07:32:57 AM
What kind of returns could I expect, say I had 10k investments and started harvesting, how many xems could I get?
You'd earn ~400 XEM a day plus harvesting fees if you invest 33 BTC (at today's price) in a supernode.
February 07, 2019, 06:16:43 AM
What kind of returns could I expect, say I had 10k investments and started harvesting, how many xems could I get?
A piddling amount to zero. Treat it as a free bonus, not the sole reason to buy. Disappointment lies that way.
February 07, 2019, 01:03:53 AM
What kind of returns could I expect, say I had 10k investments and started harvesting, how many xems could I get?
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