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Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
ProximaX (XPX) is the original NEM 2.0 (XYM)
Lon Wong saved the code from the greedy and scammy "NEM Foundation".
NEVER FORGET THAT.
Lon Wong saved the code from the greedy and scammy "NEM Foundation".
NEVER FORGET THAT.
When XPX on Binance? Or any other exchange where you could actually buy some?
Its NEVER, nobody would ever touch that shit with a ten feet pole.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
Are you Eadeqa-version-2 ?
https://bitcointalk.org/index.php?topic=654845.msg49238396#msg49238396Let's see after one year, when Ozie the millionaire comes back here and gives BigFives :
"Hellooooo nemsters, how many millionaires online now? Look at my Lambo in these pictures! Look look: text on the doors: "Dont toz. Ozies Lambo"
Sorry, I have had no time to chat to u, coz my Caribbean house has been under remounting. Yes, 500 000 USD for two swimming pools with golden bath rooms
yeayea!!! I thank you NEM from all of my heart, which is now platinum, BTFW. Yea, I had to take the pacemaker coz it was soooo exciting October'21, when Bitcoin jumped to 140 000 USD and XEM to 10 000 sat. But no one can say that Ozie has a cheap pacemaker. No, no one! My pacemaker is the best and pure PLATIIINUUUMM ! hahahahaha !
Hellyea... what i meant to say: EQUALLY BIG THANKS to NEM. NEM gave us the fortunes of lifetime!"
Don't blow all your sats on drugs man, not good for your mental health. XEM = 10k sat, that's some completely delusional shit. It is an obsolete product that never got real traction in the first place.
See my critics only go to all these parasites attached to NEM, however they call themselves in each iteration. Core devs delivered two solid products and I am thankful for that. Everything that has grown around it is completely garbage.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
XEM is going to its well deserved death and XYM is not being taken serious by anyone. I guess that was to be expected with these retards from the NEM Group in charge. Literally everything they touch evolves into a huge mess with delay after delay.
But good thing they have a CTO that is a mining expert. That is really what a PoS coin needs. Nobody else could release the roadmap that is a puzzle in pieces quite like her. All the buzzwords are on there so great success. Who needs unique feature when you can just copy everyone else.
And great decision to not release any timeline with the roadmap. So now they can fuck up infinitely without missing any deadlines. At least that lesson has been learnt finally.
But good thing they have a CTO that is a mining expert. That is really what a PoS coin needs. Nobody else could release the roadmap that is a puzzle in pieces quite like her. All the buzzwords are on there so great success. Who needs unique feature when you can just copy everyone else.
And great decision to not release any timeline with the roadmap. So now they can fuck up infinitely without missing any deadlines. At least that lesson has been learnt finally.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
All in to XEM NEM! This is the sleeping giant!
In next 14 hours, Symbol will get some upgrades on Binance. After 14 April we might have a trading for Symbol on Binance. I hope they will not delay the wallet release for users and at the same time will allow trading with Symbol.Let's count a few hours down till 23 UTC today.
Guess you have to count a lot more hours now
But maybe you can participate in the EARLY infrastructure node program by the NEM group which more than a month after start of the XYM blockchain is still not functional after finding some security issues. This comedy is basically writing itself.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
Did you even read what I have written? NEM Group told everyone that they are working closely with exchanges to ensure they have everything ready before the snapshot. If they have on influence in the Exchange listing they should just said nothing.
Did they sign any MOU for airdrop allocation and listing?Do you check two lists on NEM website? One list for exchanges that support airdrop allocations. One for exchanges that support airdrop allocations and listings.
Binance is not in the list of listing support but they finish to distribute airdrop. They show they are preparing wallet for Deposit and withdrawal. Do you think they don't have a Symbol wallet when they already allocated airdrop?
It is a lie from them to delay allowance for deposit and withdrawal but they did not break anything if eventually they don't list Symbol on Binance.
You are a funny dude. All the balances you are seeing on your exchange account are just database entries and not actual wallet balances. Binance does not need an operational Symbol Wallet to allocate the Airdrop to your account. They just look at the trading data and XEM balances of each account and then add a database entry for your XYM balance.
So they are not sitting on their hands but are now actually implementing the Symbol Wallet into their System now which will take some more days. Only the NEM Group is telling lies here when they said they are working with exchanges upfront for the wallet integration.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
They get f**** because they store their NEM on exchanges and rely on exchange allocations or allowances to deposit, withdrawal.
If they opt in in their accounts, they can move their claimed Symbol to any lively exchanges. Many exchanges to trade Symbol.
What you argued can be used to talk about DeFi too. Are DeFi tokens better than NEM or Symbol?
.... BUT the NEM Group stated that they are working closely with exchanges in the BETA phase of Symbol to enable them to smoothly integrate the wallet. Sounded like everything will be available directly after Snapshot because the NEM Group was working really closely with the exchanges....
All exchanges received all opted in tokens in the genesis block the same as all holders who opted in in the wallet.
Exchanges have been able to run a node since shortly after launch, the same as the other ~1500 nodes being run globally
If there are external factors at play…they are not Symbol chain related. The same statement is true for any third party blaming internal/external forces for a lack of distribution/listing/withdrawal/deposit for their customers.
Did you even read what I have written? NEM Group told everyone that they are working closely with exchanges to ensure they have everything ready before the snapshot. If they have on influence in the Exchange listing they should just said nothing.
Same for this last minute tweet that the snapshot needs additional time after the snapshot date to not get rolled back. This was said in a way and on the last seconds before snapshot to maximize confusion and of course they did not care to clarify this after the snapshot was long done.
I give it to them, they are quite clever scammers. But how could anyone expecting an ecosystem to grow around NEM with these scammers at the helm? Only attracts other scammers which is clearly visible when looking at NEM partnerships/projects.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
"very slow and a complete ghost town with no projects using it " ??
How it is then possible that there have been many projects which announced that they were using NEM blockchain?
How the slowness is measured? Compared to what?
Its easy because all these are bullshit projects that only produce hot air. Try to find one project that is using NIS1 Mainnet for their product.
Guess what, there are none. You can also have a look at the block explorer, most blocks are empty and those who have transactions are mostly transfers to and from exchanges and the occasional spam from Pontifier.
Slowness compared to Symbol and many other "modern" blockchains. Why would anyone choose NIS1 for his project when there are other much faster blockchains that also have much more features and are cheaper to use. The static fees alone make NIS1 not really usable for any serious business. NIS1 has to fork with any mayor price change or TX will either be too expensive or way to cheap.
Someone from the Team should answer this as they know the projects better...
but the usage of NEM tech does not require that it is used in the NEM Mainnet. Therefore we cannot see all of their usage.
How about this one?
https://nemflash.io/luxtag-partners-dagang-net-offer-blockchain-based-eservices/
May I ask personal questions ?
You seem to know "a lot" of NEM tho you have written maybe less than 10 posts in the NEM thread, and most of them in years 2014 and 2015.
And what has happened since this:
https://bitcointalk.org/index.php?topic=654845.msg39470366#msg39470366 ?
the 'NEM enthusiast' ozie has now turned into FUDder?
Why? OR is it a faker to get cheap coins?
NIS1 is closed source so your only option here is to use the mainnet. There are no private chains based on NIS1.
LUXtag was not able to develop a usable product on NIS1. They have been eagerly waiting for Symbol and maybe they are now able to produce more than hot air. We will see. But they wont use NIS1 as it lacks crucial features.
The enthusiastic days are long gone. WAY to much shit has happened with NEM since 2014. And now NIS1 is marketed as a part of the ecosystem instead of cutting old ties...
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
"very slow and a complete ghost town with no projects using it " ??
How it is then possible that there have been many projects which announced that they were using NEM blockchain?
How the slowness is measured? Compared to what?
Its easy because all these are bullshit projects that only produce hot air. Try to find one project that is using NIS1 Mainnet for their product.
Guess what, there are none. You can also have a look at the block explorer, most blocks are empty and those who have transactions are mostly transfers to and from exchanges and the occasional spam from Pontifier.
Slowness compared to Symbol and many other "modern" blockchains. Why would anyone choose NIS1 for his project when there are other much faster blockchains that also have much more features and are cheaper to use. The static fees alone make NIS1 not really usable for any serious business. NIS1 has to fork with any mayor price change or TX will either be too expensive or way to cheap.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
They get f**** because they store their NEM on exchanges and rely on exchange allocations or allowances to deposit, withdrawal.
If they opt in in their accounts, they can move their claimed Symbol to any lively exchanges. Many exchanges to trade Symbol.
What you argued can be used to talk about DeFi too. Are DeFi tokens better than NEM or Symbol?
I do agree that this is partially the fault of these people. BUT the NEM Group stated that they are working closely with exchanges in the BETA phase of Symbol to enable them to smoothly integrate the wallet. Sounded like everything will be available directly after Snapshot because the NEM Group was working really closely the the exchanges. This turned out to be completely bullshit as always when the NEM Group/Foundation or whatever they are called in this iteration promises stuff.
The whole snapshot thing barely worked and there where a lot of misinformation floating around mainly because of unclear or lacking communication from the NEM Group.
As for NEM literally every other Blockchain is better than this steaming pile of shit. Old tech, very slow and a complete ghost town with no projects using it whatsoever. Symbol has much better tech but marketing wise they are failing as hard as before.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
Enjoy their newest Scam called Symbol. Harvesting is now even more in favor of big accounts and supernodes. And while most are getting fucked by the exchanges some more privileged are enjoying a HUGE premine from he ridiculous inflation curve. Every block mined raises your importance over accounts that are not harvesting. Being late to that party means that you will be always at a disadvantage.
These retards are telling that its the same inflation curve than BTC "just" with annual halving. Tokenomics where done by the husband of Alex Tinsman so that explains it all.
These retards are telling that its the same inflation curve than BTC "just" with annual halving. Tokenomics where done by the husband of Alex Tinsman so that explains it all.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
As for the exchanges not sure how much influence the NEM group has in the distribution process. I mean Poloniex has never even managed to implement the new fee model for XEM withdrawals wasting 100+ XEM for each transaction.
WHAT are you talking about?
You say poloniex has 100xem fee to withdraw?
If so, this is a scam and they are scamming people of their money.
It costs about 1.25 xem to send a transaction on NEM network
maybe max 1.5 if a message is included in the transaction.
They are paying most of the fee out of their own pocket. It does not cost you that much but they are paying the network way too much to accept the transfer. They have been doing this for years, no idea how it makes sense for them.
This for example is a recent withdrawal from Poloniex:
Hash 1db14ff628832fe0b449a4c34ee0519287d87d000cbeed935ec8d5df1f3652b3
Block 3120330
Timestamp 2021-03-22 14:26:06
Type transfer
Sender NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D
Recipient ND72SWJGHA7L7ECKIGWE5GLPSN5PYR6S3GZZOQBC
Amount 334,000
Fee 122.72027 !!!!
Message 298a3236-eaa1-47ac-813a-3ce5a9af999f
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
So far everything "wrong" with the snapshot was down to individual mistakes. Everything really worked out as planned and the XYM chain is going strong.
New harvesting rewards are really great, now it is worthwile running a node and harvesting on it. Already reflects in the amount of Symbol nodes in the network with is nearly at 1000 right now. Pretty sure XEM newer came close to these figures in its history.
As for the exchanges not sure how much influence the NEM group has in the distribution process. I mean Poloniex has never even managed to implement the new fee model for XEM withdrawals wasting 100+ XEM for each transaction.
New harvesting rewards are really great, now it is worthwile running a node and harvesting on it. Already reflects in the amount of Symbol nodes in the network with is nearly at 1000 right now. Pretty sure XEM newer came close to these figures in its history.
As for the exchanges not sure how much influence the NEM group has in the distribution process. I mean Poloniex has never even managed to implement the new fee model for XEM withdrawals wasting 100+ XEM for each transaction.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
Vechain about to pass us. Binance coin not far behind it.
Why are you comparing tokens with coins? There is an option on CMC to only show the Top 100 Coins. Nem is #12 followed by ETC.
But who cares anyways. The race is not over tomorrow and in two month CMC will look completely different.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
As much as i love nem, theyve been talking about catapult for a very long time now. Why are they moving so slow when more complex projects are developing rapidly?
There's only three core developers.
Also almost every other project moves fast and breaks things. NEM delivers stuff that works from the off.
That's an attitude that isn't welcome in cryptoland in general.
Why are there only three core devs ? Seems a bit few for such a large project ?
I thought catapult was going to be released yesterday ? Did it get postponed ? Seems like a very big deal for NEM
Yes three devs for the core engine plus multiple devs for things like SDK, Documentation etc.
When talking about catapult you have to difference about the private Mijn chain and the public NEM chain. Catapult is already released for the private chain and being tested by companies. It is open source and everybody can have a first look at the impressive new Catapult architecture.
The public NEM chain will utilize all of the Catapult technology already published. But for a public chain there are additional modules needed like harvesting, node trust system, governance etc. These modules are in development right now. Once finished the public Catapult will arise. Most of the work is already done!
Keep in mind that once the public chain also has the Catapult update the two chains can interoperate with another. You will be able to make atomic swaps between the public and private chain. AFAIK NO other coin is so close to releasing this long anticipated feature. This is the final puzzle piece for NEM, and many companies eagerly wait for it to launch their products on top of NEM.
Overall the development phase for catapult might be about three Years. That is very reasonable considering all the features where NEM will be the first to offer them to the crypto world. We talk about the core of NEM not some webapp utilizing it. Any error here has massive impact on the complete NEM ecosystem. So better to handle this with the very carefully and don't rush anything
Thank you for the detailed reply. I have to read up about catapult didnt catch up for to long still have some NEM from a long time ago. Development phase is about three years? this is your estimation or the core team? How long are they at it already? I understand that quality takes time especially when you make large changes at the core. I like projects that are focusing on quality and take the effort to do it right even if that means that some people will lose faith in the progress.
"AFAIK NO other coin is so close to releasing this long anticipated feature. This is the final puzzle piece for NEM, and many companies eagerly wait for it to launch their products on top of NEM" What do you mean by this? atomic swaps between different chains?
The three years are my estimate. If i remember correctly first nems about catapult development startet to surface about two and a half years ago. Main reason back then was to swap to C++ to gain performance. I guess many of the catapult features that are in it today came from feedback and feature requests of Mijn customers. So catapult itself grew with time and represents now what businesses expect and need from blockchain tech.
Some things have to be tried first before you really know what you need to achieve your goal. Catapult is the second iteration of an already working product and brings to blockchain the things people need. Not some wild speculation in a whitepaper.
Regarding atomic swaps you can read the following blog post which explains it very nicely:
https://forum.nem.io/t/using-a-secret-lock-transaction-for-an-atomic-cross-chain-swap-nem-catapult-101/17243
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
⭐ Merited by tyz (1)
As much as i love nem, theyve been talking about catapult for a very long time now. Why are they moving so slow when more complex projects are developing rapidly?
There's only three core developers.
Also almost every other project moves fast and breaks things. NEM delivers stuff that works from the off.
That's an attitude that isn't welcome in cryptoland in general.
Why are there only three core devs ? Seems a bit few for such a large project ?
I thought catapult was going to be released yesterday ? Did it get postponed ? Seems like a very big deal for NEM
Yes three devs for the core engine plus multiple devs for things like SDK, Documentation etc.
When talking about catapult you have to difference about the private Mijn chain and the public NEM chain. Catapult is already released for the private chain and being tested by companies. It is open source and everybody can have a first look at the impressive new Catapult architecture.
The public NEM chain will utilize all of the Catapult technology already published. But for a public chain there are additional modules needed like harvesting, node trust system, governance etc. These modules are in development right now. Once finished the public Catapult will arise. Most of the work is already done!
Keep in mind that once the public chain also has the Catapult update the two chains can interoperate with another. You will be able to make atomic swaps between the public and private chain. AFAIK NO other coin is so close to releasing this long anticipated feature. This is the final puzzle piece for NEM, and many companies eagerly wait for it to launch their products on top of NEM.
Overall the development phase for catapult might be about three Years. That is very reasonable considering all the features where NEM will be the first to offer them to the crypto world. We talk about the core of NEM not some webapp utilizing it. Any error here has massive impact on the complete NEM ecosystem. So better to handle this with the very carefully and don't rush anything
Re: 👨💻[ANN][US Legal]⚡️Cache – Making blockchain usable for all developers & startups⚡️
⭐ Merited by gentlemand (2)
Lastly we are a business and startup. Startups move fast, and are very aggressive.
You forgot the second half of the sentence. "We move fast, and break things". That is how startups advertise nowadays.
Maybe not the best approach when dealing with blockchain technology and other people's money raised through an ICO.
Your planned changes to the harvesting mechanism for example would tamper with a crucial component to secure the network.
Why would you think that you can do this better than NEM devs who already have years of experience in this field
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
So with this recent bull market nem has not really done much of anything, good or bad. It gains and loses a few cents here and there, but otherwise stays pretty stable. Meanwhile almost 200 BILLION has flowed into the crypto scene and it seems like every other coin has ridden the wave up EXCEPT nem. From #5 to the very real possibility of being #16 in the next day or two is a pretty big fall. It sucks that we weren't able to capitalize on this huge swing upward. When the inevitable downward turn for the overall market comes we're gonna be in even worse position than we were before.
200 Billion has definitly NOT flown into the crypto space.
Just look at this Review that shows some issues that large enterprises would have with the adoption of Ripple. NEM already resolved some of the issues and with Catapult Update NEM will be way ahead of Ripple!
https://static1.squarespace.com/static/55f73743e4b051cfcc0b02cf/t/5664a9e2e4b058c26c21ea94/1449437666296/Ripple_Paper_Public.pdf
So NEM will be the only DLT platform with built in cryptocurrency and comparable featureset to R3 Corda and Hyperledger.
https://static1.squarespace.com/static/55f73743e4b051cfcc0b02cf/t/5664a9e2e4b058c26c21ea94/1449437666296/Ripple_Paper_Public.pdf
So NEM will be the only DLT platform with built in cryptocurrency and comparable featureset to R3 Corda and Hyperledger.