Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 958. (Read 2985369 times)

Sakura Internet is up quite a bit since announcing it will offer Mijin Cloudchains.

New auto-invite for Slack is currently up.  http://blockexplore.in/search/join-slack/

Thanks to Rev for making this happen. :-)

Crypto currency is an ideal created by some people in the hope of defeating the banking system. It remains an ideal and a fight against it. The underlying technology behind the ideals of a crypto currency has far reaching effect that can benefit many types of applications, including the banking system.

In a world where everyone is free to do anything, I do not see anything wrong if someone is using it to "feed the bankers".  If we don't, someone else would. It doesn't matter how one wants to argue about it. If someone in NEM wants to champion that part of the course, he is free to do that. At least Makoto contributed to the emergence of NEM. If he chooses to use it to enrich banks, that is his prerogative and we all should wish him well. We cannot impose on anyone's will.

It took thousands of years to create the fiat system to what it is today. To get rid of it even within one generation is a challenge. We are never going to see that happen in the foreseeable future. The very fact that blockchain is going to be used by financial institutions is already a giant step towards the ideal situation of it being totally decentralised.

Bitcoin use to have so many nodes at one time.  But that was back when people were CPU mining I guess.  Now people just connect an ASIC to a mining pool.  Like 10 pools control most of the network in Bitcoin now.  It is very centralized. 

But NEM is returning to the spirit of the old days of CPU mining.  People can now use there CPU again to make blocks.  Anybody can run a light node on their computer in the background that hardly uses any of their processor and electricity.  When we have a lot of users, we might someday have a lot of nodes too as it will be so easy.  A double click to install a wallet and people are running a full node too and making a little extra on fees from forming blocks. 

Crypto is a currency, currencies don't have any intrinsic value so their price IS volatile - FIAT is only not so because of banker manipulation and ignorance of the masses who use it. Fact.

Crypto and FIAT are very much alike, but Crypto is by far the lesser evil due to it's decentralized nature, but this decentralization is only temporary; dependent upon it's algorithm.

Bitcoin becomes more and more centralized because as it's mining requires bigger hardware, investors and companies to do it, they'll be the one to have exclusive control over the blockchain and the authentication of transactions. Essentially, bitcoins FUTURE IS CENTRALIZATION on the POW model. It's already begun. The difference is, it's more subversive and unnoticeable -- this makes it dangerous as an unaccountable few will be able to exploit their position. Just as the current FIAT fraud is. So i don't get where this naive "Crypto goes against banks" bullshit is coming from, because in the case of Bitcoin/POW - it's destined to be the Exact same in the future.

real MONEY is gold, silver, precious metals. Money /= Currency.

I got into NEM because it at least is going to make efforts to integrate into the existing infastructure and improve it (Ideally, by removing banks monopoly and secrecy over the creation of currency). It's algorithm is complex enough to not just reward big hodlers (IE: POS) and there's no unnecessary energy requirements to "harvest". It's frankly a more realistic and transparent platform for the real world. NEM has convenience over FIAT due to lack of fee's and ease of transaction, and none of the exploitations banks have with FIAT. This is why nem intrigues me.

Crypto has the capability to revolutionize the financial world, or bring it to it's knee's. Pick your poison.

Again, your Facts are Lies.  Not one of the devs ever gamed the distribution.  This kind of slander is blatent trolling.  Your next "I'm just a persecuted BTT legend talking the truth post" that is filled with slander about NEM members will be deleted.  I suggest for now on if you don't have something nice to say, or a link to back up the bad thing you are saying with proof, you not say it.  

Also your second fact is a lie, NEM has not been privatized.  NEM is the same open and decentralized platform.  What has been privatized is a fork of NEM that was optimized to run on high speed machines with 15 second block times and 100-1000 tx/s being tested currently.  That privatized ledger is Mijin.  NEM is NEM.  NEM has not now or ever been privatized.  What the two have in common, which is great is the same APIs, so anybody building on a private Mijin chain, can also access the NEM chain.  They basically get two for the price of one.  Sometimes they will want to only trade with trusted partners and have full control of their chain, or sometimes they will want to trade on an open decentralized chain with anybody.  And now those businesses can mix and match as they please.  

As for the "whole point of crypto", that is your subjective opinion of what crypto is.  I seem to remember Satoshi's white paper being titled "A Peer-to-Peer Electronic Cash System" which actually is a great description of NEM.  

Furthermore, NEM is not even just "crypto", it is a blockchain.  Maybe you hate the word "blockchain" but the fact is NEM is being built to handle far more transactions types than just "crypto currencies" which is actually a very limited use case and is so 2013.  

Its so funny that we find a way for thousands of businesses to interact with the NEM chain and you are implying it is a scam coin pump.  Its really saddening.  There are so many scam coins filled on these threads that have constantly lied and said they were closing deals with banks just to pump their marketcap.  If we were doing that we would have said for weeks "there was a BIG announcement" and stirred up a frenzy, but up until this announcement we were getting trolled for not doing anything, yet we just assured people calming we were working while they cried "I don't see anything".  Now we are getting called pumpers because we did something, and I assure you, our point is not to pump XEM but to build a real chain with real users and real businesses building on it.  To me that is "the whole point of a blockchain".    

i'm sorry what are these "unfounded accusations and slander" ? i'll happily 100% back them up anything i've posted?

i'm sorry what would "slightly experienced investor" be seeing right through?

just sad to see so many drinking the same koolaide around these parts.

i speak up because i like to see a p2p currency progress, and anything that interferes with that needs to be spoken out about.

a shame alot of work and potential in NEM is being wasted imo, because of flaws in distribution (in particular gaming by a dev) FACT, privatisation by another Dev is collusion with bank; going against the whole point of crypto FACT.

plenty quest for fiat types want this whole bank deal because its an excuse to pump, i see most other negatives on NEM here mainly about NEM price v USD/btc which i'm personally indifferent too.

but most here hinge NEM success on this fiat/btc price., and you see ranting and raving based on that, and via a few who got caught out trying to game distribution.

create something of value not price.

NEMs distribution almost guarantees a low price,. and ironically people here are telling me learn economics 101  

an ideal currency would be stable in price, but just most in crypto want this earlier adopter $$$$$$. again i say whats the point in being an alternative to the greedy bankers if we ourselves become the greedy bankers?

I don't see any criticism, i see unfounded accusations and slander. Nothing but fud of which is sadly, the norm here.

I do my best to take into account any criticism, and be as unbiased as possible, but this is truely all i'm seeing from you. All you seem to be doing is ruining your own reputation and any slightly experienced investor will see right through it.

i didn't say Makoto was making money off the community at all, i said "makotos own personal corporate business plans off the back of the NEM community"

and how is that not 100% true?

i wouldn't suggest anyone ignore anyone in this community, debate yes, disagree yes. but its good to listen and take on board the good the bad and the ugly.

i just call things how they are, and that often makes enemies, rather that, with the coins i back then be a mindless fanboi.

i'm one of the very rare few here that aren't in crypto for the fiat, sometimes my comments ruffle the feathers of those who are here for the fiat and don't want anyone to make any negative comments that they perceive might damage their 'investment'.

We welcome criticism.  It helps us to grow.

What you are doing is slander and is a lie.  You accused Makoto of making money off of the community.  You did so without any evidence to which there is none because it is completely false.  This thread is self-moderated, but we rarely ever reserve that right.  You.... are getting close.

To everyone that doesn't have Kelsey on ignore, I would suggest doing so.

and your lame attempts to write any criticism off as a troll is getting old  

All gains are gone

Hello Gentleman

Well its still early days, but it will happen eventually.

Things are going to get rather exciting on the crypto scene.

Im just really glad i took an interest to NEM, because initially it did not appeal to me at all.

The rising price of BTC that has almost doubled during the past month had negative impact on all other crypto currencies. For instance Ether has dropped around 50% during the past couple of months. The main reason of such rate changes is the fact that BTC reached and stabilized at $460 from $230.

With that in mind, XEM being traded today at almost the same average price of the past 6 months at around 40 sats is and should be considered great rate improvement for XEM. Today's 40 sats is almost equivalent to 80 sats two months ago.

Though this is great as it shows XEM strength precisely compared to other currencies, still a lot of XEM holders found such situation alerting for selling and going short. Can't blame them for that cause it is too good to be true.

Just keep in mind that x2 is really nothing in the crypto world. We should be looking forward for multiplication factors that is close to the ones that occurred to BTC/USD rates during the very first BTC trading years. YES! we are talking x5 to x50.

Great. Perfect. Exactly what I had hoped for. Thanks.

Then, for the next version, I suggest a changelog.txt or history.txt which simply contains this one line: https://forum.nem.io/c/release
Easier to find then.


I want to. Just making sure I know everything about it before I upgrade. Don't want to loose coins.

Yes, I checked them.

I suggest you add some text about "upgrading on Linux" to either http://blog.nem.io/ubuntu-installation-guide-standalone/ or http://blog.nem.io/how-to-remove-old-nem-software-versions/

Do I simply delete, or overwrite?

Thanks a lot!

You need to look in the sky at night,if you want to see it

http://www.dailymoonposition.com/

+ 8999999999

A note to congratulate makoto on his hard work that has led to the successful application of the NEM block chain.
Kudos!