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

[greentea]

2.  Answer the 5 Ws.


https://en.wikipedia.org/wiki/Five_Ws

Ethereum did this well:

What is Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

Ethereum is how the Internet was supposed to work.

Ethereum was crowdfunded during August 2014 by fans all around the world. It is developed by ETHDEV with contributions from great minds across the globe.

Ethereum on their frontpage does the Five W's

Who: EthDEV
What: Decentralized Platform
Where: Around the world / Internet
When: August 2014
Why: To make applications run better.

Can you brainstorm a list of the 5'Ws for NEM?


3. Obfuscate or hide the buy option.  Asking for money at the front door  = scam on most people's radar.  Replace it with a button called: "Get XEM" which links to another page, where the first options are non-purchasing (like run a NODE, bounties, et cetera) and the purchase option can be displayed at the end.

4.  List all the ecosystem initiatives, projects and companies you can think of.  Even the smallest ones.

I like this ...

[yshin365new]

Etherium presale : 31,529 btc (USD 18,439,000 at time of sale)
NEM presale        :    63 btc ( about USD 50,000 at time of sale)
  Etherium presale was around 500 times of NEM presale in btc (around 370 times in USD at time of presale.

  http://ether.fund/market

Today,
Market cap of Etherium : 101,244,722 USD
Market cap of NEM       :       910,818 USD
  Etherium Market cap is around 111 times of NEM Market cap.

Then, can we say NEM is 3.33 times(370/111) efficient than Etherium, at least until now?  

[Thingamajig]

1. Remove the video.  People who worked on it will probably feel insulted but sometimes you have to put aside your ego.  Most crypto videos only get 100s or 1000s of views.  This is even true for the vast majority of Ethereum and other projects.  Having a video on the front page is probably causing more people to quit than to consider NEM.

The most viewed Bitcoin clip only has 6.5 million views after 4 years; when let’s play streamers, pranksters and people playing with dolls can get more views in a week on YouTube.   Conclusion: videos are a waste of time unless it's a product placement.

2.  Answer the 5 Ws.


https://en.wikipedia.org/wiki/Five_Ws

Ethereum did this well:

What is Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

Ethereum is how the Internet was supposed to work.

Ethereum was crowdfunded during August 2014 by fans all around the world. It is developed by ETHDEV with contributions from great minds across the globe.

Ethereum on their frontpage does the Five W's

Who: EthDEV
What: Decentralized Platform
Where: Around the world / Internet
When: August 2014
Why: To make applications run better.

Can you brainstorm a list of the 5'Ws for NEM?


3. Obfuscate or hide the buy option.  Asking for money at the front door  = scam on most people's radar.  Replace it with a button called: "Get XEM" which links to another page, where the first options are non-purchasing (like run a NODE, bounties, et cetera) and the purchase option can be displayed at the end.

4.  List all the ecosystem initiatives, projects and companies you can think of.  Even the smallest ones.

I really agree with a lot here. Really hope people pay attention to this. Subtly is key.

[tyz]

interesting calculation and comparison of NEM and Ethereum. NEM is on a good way 

Etherium presale : 31,529 btc (USD 18,439,000 at time of sale)
NEM presale        :    63 btc ( about USD 50,000 at time of sale)
  Etherium presale was around 500 times of NEM presale in btc (around 370 times in USD at time of presale.

  http://ether.fund/market

Today,
Market cap of Etherium : 101,244,722 USD
Market cap of NEM       :       910,818 USD
  Etherium Market cap is around 111 times of NEM Market cap.

Then, can we say NEM is 3.33 times(370/111) efficient than Etherium, at least until now?  

[oldisoft]

We will see how much will price of ether after few months, my prediction is that price of ether will much low than now and ether wallet is not so good at all. This is just bubble of soap...
Cheers

[jabo38]

Etherium presale : 31,529 btc (USD 18,439,000 at time of sale)
NEM presale        :    63 btc ( about USD 50,000 at time of sale)
  Etherium presale was around 500 times of NEM presale in btc (around 370 times in USD at time of presale.

  http://ether.fund/market

Today,
Market cap of Etherium : 101,244,722 USD
Market cap of NEM       :       910,818 USD
  Etherium Market cap is around 111 times of NEM Market cap.

Then, can we say NEM is 3.33 times(370/111) efficient than Etherium, at least until now?  

Those are some pretty interesting calculations.  Although with all the hype around Ethereum and all those people buying in, it was bound to not move as much. 

I personally think that both platforms have a lot of room to grow if they perform well.  "If"

[jabo38]

1. Remove the video.  People who worked on it will probably feel insulted but sometimes you have to put aside your ego.  Most crypto videos only get 100s or 1000s of views.  This is even true for the vast majority of Ethereum and other projects.  Having a video on the front page is probably causing more people to quit than to consider NEM.

The most viewed Bitcoin clip only has 6.5 million views after 4 years; when let’s play streamers, pranksters and people playing with dolls can get more views in a week on YouTube.   Conclusion: videos are a waste of time unless it's a product placement.

2.  Answer the 5 Ws.


https://en.wikipedia.org/wiki/Five_Ws

Ethereum did this well:

What is Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

Ethereum is how the Internet was supposed to work.

Ethereum was crowdfunded during August 2014 by fans all around the world. It is developed by ETHDEV with contributions from great minds across the globe.

Ethereum on their frontpage does the Five W's

Who: EthDEV
What: Decentralized Platform
Where: Around the world / Internet
When: August 2014
Why: To make applications run better.

Can you brainstorm a list of the 5'Ws for NEM?


3. Obfuscate or hide the buy option.  Asking for money at the front door  = scam on most people's radar.  Replace it with a button called: "Get XEM" which links to another page, where the first options are non-purchasing (like run a NODE, bounties, et cetera) and the purchase option can be displayed at the end.

4.  List all the ecosystem initiatives, projects and companies you can think of.  Even the smallest ones.

I really agree with a lot here. Really hope people pay attention to this. Subtly is key.

Its pretty good advice.  

I don't think the video has to be removed entirely, but it shouldn't be the lead.  Leading with a 5w's, a nicely done about section, or something like http://www.nxttechnologytree.com/ (except instead of a web of confusion it had maybe 5-10 neatly organized and arranged points.) would be better. 

I actually favor a technology tree style format where there are little sections are bullet points that can be clicked and expanded for more information.  I would have one on POI, Delegated Harvesting, M of N, Easy to build on API's, Nodes (Eigentrust and Node rewards), Mosiacs/Namespaces, and NEM's infrastructure.  Maybe get a nice symbol and bullet point for each one, then it is clicked on and an animation or pop-up explains more in a short summary with a link for even more info like a full blog or something.  Put that section right underneath the city landscape and then the video under that and leave the rest of the page alone.

Something like that as a focus of the website would help out some I think.

[mill0601]

any news?

[greentea]

Its pretty good advice.  

I don't think the video has to be removed entirely, but it shouldn't be the lead.  Leading with a 5w's, a nicely done about section, or something like http://www.nxttechnologytree.com/ (except instead of a web of confusion it had maybe 5-10 neatly organized and arranged points.) would be better. 

I actually favor a technology tree style format where there are little sections are bullet points that can be clicked and expanded for more information.  I would have one on POI, Delegated Harvesting, M of N, Easy to build on API's, Nodes (Eigentrust and Node rewards), Mosiacs/Namespaces, and NEM's infrastructure.  Maybe get a nice symbol and bullet point for each one, then it is clicked on and an animation or pop-up explains more in a short summary with a link for even more info like a full blog or something.  Put that section right underneath the city landscape and then the video under that and leave the rest of the page alone.

Something like that as a focus of the website would help out some I think.

That tech tree is pretty cool ...

We need to start branding ourselves as the "The Best Designed Blockchain"

It seems the wave of the future is not necessarily digital currency but the technology of the blockchain and its uses ...

[mirny]

Hello,
I'm totally new to this NEM stuff.
I have few questions. I'm harvesting locally with 16000+ vested XEMs.
Did I get some reward for that harvesting?
or I need to set-up a full node with those 3000000 NEMs to get reward?
Is it necessary to open port 7890 on my node?
Thank you for any advice.

[dandruff1138]

Looks like we will be dropping into the 30's sat range soon.

[Nortan12rx]

Looks like we will be dropping into the 30's sat range soon.

in 1 month the price is 30 sat.
in 2 months the price is 20 sat.
in 3 months the price is 10 - 5 sat.
in 4 months the price is 3 - 1 sat.

at such future price in 1 - 3 sat could make at once 888 trillion coins to begin with the price in 1 sat.

that raise XEM of the beginnings it has to reach at the beginning a bottom in 1 sat.

[NorrisK]

Looks like we will be dropping into the 30's sat range soon.

in 1 month the price is 30 sat.
in 2 months the price is 20 sat.
in 3 months the price is 10 - 5 sat.
in 4 months the price is 3 - 1 sat.

at such future price in 1 - 3 sat could make at once 888 trillion coins to begin with the price in 1 sat.

that raise XEM of the beginnings it has to reach at the beginning a bottom in 1 sat.

Keep dreaming At 1 sat one person could buy all NEM around, not gonna hapen... Price is only important for the weak hands and speculators who intend to sell anyway, we don't need them

[ShonkJonk]

Looks like we will be dropping into the 30's sat range soon.

Some consolation to those wrongly socked and docked.

[Nortan12rx]

Looks like we will be dropping into the 30's sat range soon.

in 1 month the price is 30 sat.
in 2 months the price is 20 sat.
in 3 months the price is 10 - 5 sat.
in 4 months the price is 3 - 1 sat.

at such future price in 1 - 3 sat could make at once 888 trillion coins to begin with the price in 1 sat.

that raise XEM of the beginnings it has to reach at the beginning a bottom in 1 sat.

Keep dreaming At 1 sat one person could buy all NEM around, not gonna hapen... Price is only important for the weak hands and speculators who intend to sell anyway, we don't need them

i will wait price 1 sat in next 5 - 6 months.
hey look at volume xem is die!

[patmast3r]

Looks like we will be dropping into the 30's sat range soon.

in 1 month the price is 30 sat.
in 2 months the price is 20 sat.
in 3 months the price is 10 - 5 sat.
in 4 months the price is 3 - 1 sat.

at such future price in 1 - 3 sat could make at once 888 trillion coins to begin with the price in 1 sat.

that raise XEM of the beginnings it has to reach at the beginning a bottom in 1 sat.

Keep dreaming At 1 sat one person could buy all NEM around, not gonna hapen... Price is only important for the weak hands and speculators who intend to sell anyway, we don't need them

i will wait price 1 sat in next 5 - 6 months.
hey look at volume xem is die!

very eloquently put. Thanks for sharing your predictions.

[Mirko]

Can someone explain why I harvest blocks and get 0 fee?

[patmast3r]

Can someone explain why I harvest blocks and get 0 fee?

If there are no tx in a block then there are no fees and therefore no reward. 0 inflation does have it's drawbacks I'm afraid.

[cryptonit]

Can someone explain why I harvest blocks and get 0 fee?

If there are no tx in a block then there are no fees and therefore no reward. 0 inflation does have it's drawbacks I'm afraid.

#idea

why not have a pot of fees in network
and then payout them like a mining pool

and now imagine that if u create a POI block u get 10% of the fee in pot

would be like that

block 1 10 fee POI block creator get 1.00 NEM (9.00 stay in pot)
block 2 10 fee POI block creator get 1.90 NEM ( 17.10 stay in pot)
block 3 60 fee POI block creator get 7.71 NEM (69.39 stay in pot)
block 4 0 fee POI block creator get 6.93 NEM (62.45 stay in pot)
block 5 0 fee POI block creator get 6.24 NEM (56.20 stay in pot)
block 6 0 fee POI block creator get 5.62 NEM (50.58 stay in pot)
block 7 30 fee POI block creator get 8.05 NEM (72.526779 stay in pot)
block 8 0 fee POI block creator get 7.25 NEM (65.27 stay in pot)
block 9 0 fee POI block creator get 6.52 NEM (58.74 stay in pot)
block 10 0 fee POI block creator get 5.87 NEM (52.87 stay in pot)

this way each POI block earns
and still not a single "new NEM" is created it stay a zero inflation coin

above is just a idea about the mechanic the amount of blocks feeded into the pot to average out the earnings of each POI block can be fine adjusted
technical i think its not impossible same as not each tx is accepted at next block and can be potetial longer stay waiting until accepted
the fees could have a similar mechanic that not all are added to a block at once and instead follow above mechanic to add towards a fee pool first
when each new found block withdraw 10% from it

[Trollollo]

Looks like we will be dropping into the 30's sat range soon.

in 1 month the price is 30 sat.
in 2 months the price is 20 sat.
in 3 months the price is 10 - 5 sat.
in 4 months the price is 3 - 1 sat.

at such future price in 1 - 3 sat could make at once 888 trillion coins to begin with the price in 1 sat.

that raise XEM of the beginnings it has to reach at the beginning a bottom in 1 sat.

Keep dreaming At 1 sat one person could buy all NEM around, not gonna hapen... Price is only important for the weak hands and speculators who intend to sell anyway, we don't need them

If price will hit 1 sat,it will go up to 40 000 sat.If someone is selling,someone is buying