NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[nzminer]

Wow the news keeps getting better and better!
This is going to give us some serious credibility!  

People will be very sorry for dumping theirs right now...

NEM seems to be ready to jump high.  

I get the gut feeling it is going to very soon.
 

I truly believe it will change the world. and will bring bitcoin in as a partner cryto

LOL i was just chatting with you on the Polo trollbox

[rockethead]

Full report here:

https://goo.gl/vk8qJq

[nzminer]

Full report here:

https://goo.gl/vk8qJq

Thanks for the link, but its giving me a 406 error

[EbonHawk]

Full report here:

https://goo.gl/vk8qJq

Thanks for the link, but its giving me a 406 error

Fix: http://nemflash.com/fintech-blockchain-impact-japans-services-sector/

 

[Caladonian]

Full report here:

https://goo.gl/vk8qJq

Thanks for the link, but its giving me a 406 error

Fix: http://nemflash.com/fintech-blockchain-impact-japans-services-sector/

 

showing big moves again glad to bought it for 610sat let see and wait ill be holding it until it went back to 700sat, good luck guys.

[Bitboy12345]

Nem looking good people. Good luck folks... I'm not selling anything until it hits 0.01 usd. What an awesome coin though. nice work devs.

[nzminer]

Nem looking good people. Good luck folks... I'm not selling anything until it hits 0.01 usd. What an awesome coin though. nice work devs.

I think you mean $0.1 USD, we already had been there back in July!

We will go further than 0.01 next time

[tolikkk]

Nem lowers in the future Commission with a hard fork ? Nem will work for microtransactions?

[bitcoinuserz]

Why is the price keep falling 

[hardshot]

Why is the price keep falling 

did you watch the current chart?

[suky321]

https://drive.google.com/file/d/0B_jImF0AZXu-aC1qSjYxdE9hVnM/view  (full document)

Extract below from Bloomberg, Bank of America, Merrill Lynch Global Research:

A wide variety of large-scale, sophisticated systems could be built on the Mijin platform, including point program services, account settlement, online gaming, mileage programs, insurance, and transactions at financial and government institutions. Mijin processing capacity among geographically separated nodes at end-2015 was 25 transactions a second and the aim is to achieve 100 transactions a second by end-2016. That jumps to more than several thousand a second when used with private blockchains, on a par with
credit card company systems.

Three core developers behind the New Economy Movement (NEM) virtual currency have joined forces with Tech Bureau to work on developing Mijin as a private blockchain
solution. NEM is a next-generation blockchain project that natively supports multisignature accounts, NameSpace (used to manage multiple assets), and Mosaic functionality, all of which are blockchain-based technologies utilizing APIs for easy handling.

Mijin is a private blockchain technology developed at Tech Bureau by the core developers behind the open source public blockchain technology underpinning NEM, which is a next-generation blockchain project initially conceived in 2014.

Other derivative private blockchains are also attracting attention, including MultiChain from Bitcoin and Eris and HydraChain from Ethereum. Each solution differs by integration with third-party applications, processing speed, and other factors, but the verification and testing phase in each case is moving forward. We look for adoption in distribution, rights, contract, and oversight applications.


Table 6: Relationship between primary public blockchains and private blockchains

Public Block Chain        Description                                                                          Private Block Chain

Bitcoin                          The largest transaction platform in the public blockchain                MultiChain

Ethereum                      Proceeding in the area of smart-contract                                     Eris

Ethereum                      Proceeding in the area of smart-contract                                     HydraChain

NEM                             Industry standard API holder and integrating external application     Mijin

Source: Bloomberg, BofA Merrill Lynch Global Research

[Alohaboy?!]

Why is the price keep falling 

15% up right now.

https://drive.google.com/file/d/0B_jImF0AZXu-aC1qSjYxdE9hVnM/view  (full document)

Extract below from Bloomberg, Bank of America, Merrill Lynch Global Research:

A wide variety of large-scale, sophisticated systems could be built on the Mijin platform, including point program services, account settlement, online gaming, mileage programs, insurance, and transactions at financial and government institutions. Mijin processing capacity among geographically separated nodes at end-2015 was 25 transactions a second and the aim is to achieve 100 transactions a second by end-2016. That jumps to more than several thousand a second when used with private blockchains, on a par with
credit card company systems.

Three core developers behind the New Economy Movement (NEM) virtual currency have joined forces with Tech Bureau to work on developing Mijin as a private blockchain
solution. NEM is a next-generation blockchain project that natively supports multisignature accounts, NameSpace (used to manage multiple assets), and Mosaic functionality, all of which are blockchain-based technologies utilizing APIs for easy handling.

Mijin is a private blockchain technology developed at Tech Bureau by the core developers behind the open source public blockchain technology underpinning NEM, which is a next-generation blockchain project initially conceived in 2014.

Other derivative private blockchains are also attracting attention, including MultiChain from Bitcoin and Eris and HydraChain from Ethereum. Each solution differs by integration with third-party applications, processing speed, and other factors, but the verification and testing phase in each case is moving forward. We look for adoption in distribution, rights, contract, and oversight applications.


Table 6: Relationship between primary public blockchains and private blockchains

Public Block Chain         Description                                                                          Private Block Chain

Bitcoin                          The largest transaction platform in the public blockchain                MultiChain

Ethereum                      Proceeding in the area of smart-contract                                     Eris

Ethereum                      Proceeding in the area of smart-contract                                     HydraChain

NEM                             Industry standard API holder and integrating external application     Mijin

Source: Bloomberg, BofA Merrill Lynch Global Research

thx for posting. nice article

[zachamo]

That report is from July, though I've been reading a fair bit about banks testing out different blockchain solutions since. It's a long road to official adoption, but I've long believed that NEM is particularly well positioned for this due to the brilliant approach taken with Mijin and Nem, and the possibility of integrating private block chains (Mijin) using a public one (NEM). This provides a solid foundation on which countless innovative solutions can be created. Supernodes, solid API support, and upcoming light wallet all help the cause.

There are so many short term investors in cryptocurrencies - they've just lost patience with NEM and never really had an understanding of the long term potential. Slow and steady wins the race; NEM is a long term investment, and this is just some natural ebb-and-flow after such a huge surge over these past few months. It'll come back - I have no doubt.

[LemonAndFriesOne]

Maybe this is of interest to some of you:

The upcoming bubble crash of China's housing market. Banks did the same thing as the USA, but China is on a larger scale. Ex: Man on a $50,000 a year salary is approved for a $1 million dollar housing loan.

Also, the banking bubble that the USA is experiencing right now. Credit was unlocked again a few years ago, I cannot find the chart but it is showing a trend just like the dot com bubble and housing bubble, except this time it is the banking debt bubble (student loans, easy credit, etc). If this trend is consistent, it should pop in the next 3-6 years unless something is done drastically to avoid default. If this happens, fiat will be devalued immensely and people will flock to more stable monetary means (precious metals bonds/cryptocurrencies) as it can already be seen by many of these bonds on the bonds markets are exchanging owners.

Hold on tight to your cryptos, it might save you in the future.

My analyses might be correct or incorrect, you be the judge and form your own opinion.

edit: I believe Japan is one of the few countries taking these trends seriously, hence the push to switch to cryptocurrencies.

[zachamo]

Is this old news? I've seen NEMOfficial regurgitate some older stuff, but this looks fresh: https://twitter.com/NEMofficial/status/787966030614110209

Looks like some huge progress on catapult and transnational volume!

[andron8383]

Is this old news? I've seen NEMOfficial regurgitate some older stuff, but this looks fresh: https://twitter.com/NEMofficial/status/787966030614110209

Looks like some huge progress on catapult and transnational volume!

YHea old news are better than no news in case someone missed it

[BigSirko]

Malaysian traffic is still increasing and reaching new all-time highs.

[nrg1zer]

Malaysian traffic is still increasing and reaching new all-time highs.

What kind of traffic you mean`?

[KloNEM]

Malaysian traffic is still increasing and reaching new all-time highs.

Do you have any charts / stats for it ?

[BigSirko]

Malaysian traffic is still increasing and reaching new all-time highs.

Do you have any charts / stats for it ?

http://www.alexa.com/siteinfo/nem.io

Its' rank in Malaysia has been increasing everyday and it is nearly top 3000.  You can look up the various top 20 alternates and their websites are usually rank 10,000+ in various countries.  It already looks like NEM may go viral in Malaysia.