Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 9. (Read 2984072 times)

https://twitter.com/NEMofficial/status/1456609275610996749

Today, we're announcing the Harlock hardfork for #NEM - allowing nodes to explicitly signal their support for #NEM to be a subChain of #Symbol.

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https://twitter.com/NEMofficial/status/1456609282405797891

All node operators are encouraged to carefully review the philosophy and links laid out within this document.
https://hackmd.io/@syndicate/governance

Should they support this future direction, signaling is as easy as upgrading your node to v0.6.98.

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https://twitter.com/NEMofficial/status/1456609284033110021

In addition to the Harlock hardfork, #NEM is now officially out of BETA...and open-source! 
You can view more details in the announcement here:
https://hackmd.io/@syndicate/nem_opensource

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Today, we're announcing the Cyprus hardfork for #Symbol - allowing nodes to explicitly signal their support for the new project direction announced in July.

https://twitter.com/NEMofficial/status/1456627082843152391

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https://twitter.com/NEMofficial/status/1456627093261807618

All node operators are encouraged to carefully review the philosophy and links laid out within this document.
Should they support this new direction, signaling is as easy as upgrading your node to v1.0.3.0!

https://hackmd.io/@syndicate/gov

[moderator's note: consecutive posts merged]

I don't quite understand. Regardless of whether these coins are used for harvesting, it should mean that they exist, otherwise they cannot be used for harvesting. But why are they not shown in the statistics if they exist? Therefore, it makes more sense to me that the discrepancy between the 5.6 billion and 8.9 billion is due to the fact that these coins have not yet been claimed. But then the question arises, what happens to the coins that are not claimed? Could not find any info on this. Will they be burned, used for a development fund or for something else?

this token caught my attention a bit
I also saw that this token is not listed on Binance yet (https://coinmarketcap.com/currencies/symbol/markets/) but has been listed on other big exchanges
 
buying a little of this token before listing on Binance would be very good

Check the tokenomics here:
https://symbolplatform.com/tokenomics/

Over 1 billion is being held for harvesting, the other I believe is the Developer stack combined with late opt-ins.

Absolutely. XYM was pretty much dead quiet from July to September -- to the point that even I was beginning to have my doubts.. Yet the sleeping dragon is once again rustling. Check out the discord channel.. Big things in the works. XYM is still seriously undervalued.. Take a look at NEM's price charts, and consider that XYM is NEM's multi-year Catapult project, effectively NEM 2.0. It's launched, but not all systems are online as of right now. There is also a recent explosion of community participation paired with a looming 180 degree shift in the XYM's political / power dynamics.


This is part of the story, but there's more to it. The transition to XYM burned a billion NEM - https://symbolplatform.com/tokenomics/
"XYM has a fixed maximum supply of 8,999,999,999 tokens. On release, initial supply was 7,842,928,625 tokens, allocated to users based on XEM holding at Snapshot. Another 1,157, 071,374 XYM was created for inflationary rewards over time. The inflation rate is closely mapped to that of bitcoin, extending out over the next 100 years. Similar to mining rewards, Symbol’s rewards will be released to each block creator but based on a POS+ (Proof of Stake+) system."

I'm actively harvesting, which is giving something like 2% monthly returns on my staked XYM.. Harvesting rewards are a massive incentive now -- never were for NEM.

Yes because not everyone claimed thier XYM with thier XEM yet. Its likely that those that have not claimed will not.

Does anyone know why the amount in circulation of XYM on Coinmarketcap is significantly lower than XEM (5,58 bln vs 8,99 bln)? According to the snapshot, there should be exactly the same amount in circulation, right?
I've been wondering for some time why XYM, although significantly higher in price, is positioned somewhere on rank 200, while XEM is among the top 100.
Or is it just a wrong representation with Coinmarketcap.ccom?

It's already up 400% in a month. Do you really see that as a buying opportunity?  

Buy Symbol (XYM) before it explodes? LOTS going on -- join XymCity discourse to get caught up: https://discord.com/invite/xymcity

Surprised you guys haven't started making NEMFTs yet.

Get it? "NEM"-FT??

Do you guys have any special opportunities for initial stakeholders who sold all their coins in 2016? You know, like a government program for homeless veterans?

"We'll have more information on this Very Soon™."
https://twitter.com/0x6861746366574

https://docs.symbolplatform.com/handbook/en/vision.html

https://discord.com/invite/xymcity

I'm ready to sign the articles of Capts. gimre, Jaguar0625 and Hatchet.
https://en.wikipedia.org/wiki/Pirate_code
 

That translates to "handling of crypto assets (XYM) will start on october 5". What is that supposed to mean? Not that I care I only want to offload my XYM burden, preferably at the price three times higher than what I see. Their japanese asses over at Bitbank need a kick to start moving. My boots with double soles armored with pain-giving cleats are the weapon to be targeted at Bitbank ass.

I ask myself the same question. XYM has risen from the low of $0.11 at the end of September, even by almost 300% within three weeks, while XEM has risen only minimally.
I couldn't find any real news, except that there was a new wallet version which only contained a few bug fixes. Perhaps a whales have bought, at the low price.

forum.nem.io is several days in "read-only mode" (and now DNS record is probably missing), supernodes.nem.io is down (by DNS unreachable as well) for whole today. Does somebody know, what's strange happens with this? Despite these strange issues, the price (of XYM) is rising, which is really remarkable.

maybe because of the news that came out not long ago?
https://twitter.com/bitbank_inc/status/1443769303761784850
https://blog.bitbank.cc/20210904/
https://twitter.com/NEMofficial

or the reason for the jump(s) was in ormin's post:

So strong pessimism can be only a "trap". Ormin is a big player in NEM-platform-coins

XYM almost +100 % in a week ! 

Is there any news... anywhere?

https://github.com/symbol/desktop-wallet/releases/tag/v1.0.7

https://twitter.com/bestgoldangel/status/1439415518566522880
https://docs.google.com/forms/d/e/1FAIpQLSckLbrH1bIsecE1cDwScwF9n2Pr9Fqvpg7HMV9PgOA-FoL_Cg/viewform

Hatchet:


We’ve released a hot fix that patches a bug in Symbol’s finalization gadget. There’s a fork scheduled at block height 528,000 - about 32 hours from the time of this message.

 If you’re running a node, please upgrade as soon as possible! 

Here’s the client update with patch notes: https://github.com/symbol/catapult-client/releases/tag/v1.0.2.0

Here’s the updated bootstrap release: https://github.com/symbol/symbol-bootstrap/releases/tag/v1.0.8

Here's your guide for using bootstrap:
https://docs.symbolplatform.com/guides/network/maintaining-a-symbol-node.html

And here is our postmortem write-up: https://hackmd.io/@syndicate/postmortem-140921

If you'd like to translate the postmortem document into a language you specialize in, please head over to docs-translation!

If you're in need of assistance or help, head on over to help.

Please share this news far and wide! LFG.

https://discord.gg/xymcity