Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
Sh1n
on 17/03/2017, 07:47:54 UTC
Can somebody explain if private NEM blockchain affects the public one we use.
Are they on a completely separate network and don't share transaction fees with all the public harvesters?
When Hitachi starts using NEM, will it be a private or public blockchain they use?

Private chains do not share transactions/blocks/fees with our public network.
And Hitachi sure is using a private chain, at least for testing.
So how will that help with growing this blockchain?
Everyone is saying "Hitachi new 150 mil users, to the moon etc." but it doesn't even matter in the end. Because all the serious tech companies are going to use the private version which doesn't do anything to increase the value of XEM and share bigger rewards for nodes.

Yes please explain how this will benefit us.

My understanding is that all private blockchain networks will eventually need cross communication publicly and this is where NEM can be employed to facilitate cross private [Suspicious link removed]munication
Yeah maybe. I would still appreciate if someone from staff or development team could clarify this.
I would also appreciate a verification from a dev or any staff member of NEM