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

[XbladeX]

...
The whole point of the supernodes is to be the backbone of the system. You wouldn't want people who were chopping and changing all the time as they'd add nothing but instability.

And what is more important those coins are laying onlie outside exchages while most POS coins live on exchange.
Those POS coins stack hard on bttrex or polo. When such exchange is hacked it can cause big problem for any POS coin community.
You remember what drama was with NXT,VRC when hackers got those coins high chunk of it.
In NEM such supernodes are great we have 300x3 ~900M coins guarding network this is probably about 15% of all coins available is constantly online.

[gentlemand]

I never bothered to add it up. That's a cool statistic.

[XbladeX]

I never bothered to add it up. That's a cool statistic.

When exchange is compromised then you start worrying about it like NXT community was with Bter fiasco.
Hacker took 10% and then suddenly many wanted rollback or block coins, and  people have concerns about easy attack on network.
They wanted rollback and shit like that but bter owner payed hacker some money and problem was solved.

Till real problems this is fun statistic later such coin is really hard to promote.
Just because this is not happening often it doesn't mean its kind of serious problem.

[raphma]

If i were one of those early investors, i would make a node. there's no argue on that. my point is all about the new comers(like me).
@gentlemand seems to be only one understanding. 30btc in ANY coin is a risky investment.

@gadao
Even with the "2x week" still doesnt make sense.... all you said apply to xem too. when you invest in XEM there's no guarantee it will go up.

Hey, there is not a lot of discussion needed here.
If you think the amount is too much, and you're entitled to have that opinion, than don't run a supernode. It's that simple.

wtf? where should i discuss that then? is this thread only to "xem to moon" related discussion?? fuc* off dude.

[XbladeX]

....
wtf? where should i discuss that then? is this thread only to "xem to moon" related discussion?? fuc* off dude.

Who said that investing in NEM super node is deal of life ?
At end markets always are seeking balance but you must agree that 300x3m supernode at 30BTC is quite impressive amount.
For people who are not afraid put 30BTC at  any coin super node is quite good addition to overall investment.
For some people having supernode is more prestige than some sort of investment.
And what is quite good those nodes are free from hack because of delegated harvesting and such calm sleep you won't have in most of
"nodes" around. I won't tell anyone that getting 3m of xem is his deal of life because price can just go down and week later it can go up.
Gold is less risky but then you can get fake gold bars like once USA wanted cheat China.

PS: Maybe when i go on retainment i will be able to live from having supernode - you know that is my dream,
but noone knows a future.

[BigSirko]

http://prtimes.jp/main/html/rd/p/000000035.000012906.html
Zaica exploring the concept of NEM mosaic to issue virtual currency, electronic trading cards, voting cards

[BigSirko]

https://hitbtc.com/exchange/XEM-to-BTC

Great news, let's hope volume will follow...

HitBTC also thinking of add XEM/EUR, first EUR outlet for XEM.

[boomboom]

the point is: i like xem, i would like to support xem... but still, i dont think it worth.
i can only make a critique if it is positive?

It's a ludicrous idea to put 30 BTC into something to get a trickle in return but I'll guess the price rise hadn't been anticipated when it was set up.

It's really only viable for people who already have an early stack and are in it for the long run which is exactly the right demographic needed.

The whole point of the supernodes is to be the backbone of the system. You wouldn't want people who were chopping and changing all the time as they'd add nothing but instability.

running a supernode is a good option for guys who don't make income from day-trading. if you don't trade you need an income stream to live on, and supernodes could easily pay the rent one day, but I agree, it's for rusted on NEMsters who accumulated a stack in the early day (or sock masters from jan-feb 2014)

[fob123]

i know a guy who lives in a 3rd world country that runs 6 supernodes.
He quit his job 2 months ago and is now living off the rewards generated by the 6 nodes.

[boomboom]

i know a guy who lives in a 3rd world country that runs 6 supernodes.
He quit his job 2 months ago and is now living off the rewards generated by the 6 nodes.

interesting, so are 6 supernodes with 3M each better than 1 supernode with 18M?

[fob123]

i know a guy who lives in a 3rd world country that runs 6 supernodes.
He quit his job 2 months ago and is now living off the rewards generated by the 6 nodes.

interesting, so are 6 supernodes with 3M each better than 1 supernode with 18M?

the balance doesn't mean anything, as long as u have 3m thats all it counts.
each node gets a reward, so yes you need to split them up.

[fragout]

Still no supernode in Africa - http://nemnodes.org/

[fragout]

NEM Beta 0.6.79
Nebulous, Earthshaking, Minty
As some of you might have already noticed we have a new release.

Planned fee changes are postponed to one of subsequent releases.

Reduced memory footprint by reorganizing how node experiences are exchanged.
Fixed bug in scheduler which could make scheduled tasks stall.
Issue discovered by @Quantum_Mechanics (and possibly someone else earlier), details will be disclosed at a later date.
Upgrade is mandatory.

[boomboom]

i know a guy who lives in a 3rd world country that runs 6 supernodes.
He quit his job 2 months ago and is now living off the rewards generated by the 6 nodes.

interesting, so are 6 supernodes with 3M each better than 1 supernode with 18M?

the balance doesn't mean anything, as long as u have 3m thats all it counts.
each node gets a reward, so yes you need to split them up.

ok, I didn't realise that. So supernodes aren't like NXT forging where a bigger balance earns proportionately more fees, that's interesting.

[munchkin]

Anyone have a clue of how to update the node if I'm using https://github.com/rb2nem/nem-docker ?

Thanks!

[XbladeX]

....
ok, I didn't realise that. So supernodes aren't like NXT forging where a bigger balance earns proportionately more fees, that's interesting.

Supernode is external founding program reserved founds are from 1st block.
Founds for that program are reserved for 2 years that is about 1 000 m NEM.
Probably plan is that supernode will get founds from money from services like domain reservation token creaction etc later
and suff like that. Ofcourse you will get more xem in return while usual harveting (forging,stacking) if you have more NEM
on acc but you allso will get more xem if you use more your wallet.

[garp]

Hey, there is not a lot of discussion needed here.
If you think the amount is too much, and you're entitled to have that opinion, than don't run a supernode. It's that simple.

wtf? where should i discuss that then? is this thread only to "xem to moon" related discussion?? fuc* off dude.

Thank you very much. I think you misunderstood my point.
I was trying to say everybody is entitled to his or her opinion, can have specific arguments and can come to different conclusions.

[willowfoot]

NEM Beta 0.6.79
Nebulous, Earthshaking, Minty
As some of you might have already noticed we have a new release.

Planned fee changes are postponed to one of subsequent releases.

Reduced memory footprint by reorganizing how node experiences are exchanged.
Fixed bug in scheduler which could make scheduled tasks stall.
Issue discovered by @Quantum_Mechanics (and possibly someone else earlier), details will be disclosed at a later date.
Upgrade is mandatory.

NEM Beta 0.6.79
Here's the link:
https://forum.nem.io/t/nem-beta-0-6-79/2776

Supernodes need to be updated by Sept. 4!
https://forum.nem.io/t/nem-supernode-rewards-program/1735/643

[TechSharesteam]

When the price could back to 0.00002

[raphma]

Hey, there is not a lot of discussion needed here.
If you think the amount is too much, and you're entitled to have that opinion, than don't run a supernode. It's that simple.

wtf? where should i discuss that then? is this thread only to "xem to moon" related discussion?? fuc* off dude.

Thank you very much. I think you misunderstood my point.
I was trying to say everybody is entitled to his or her opinion, can have specific arguments and can come to different conclusions.

and with that i can agree, that's why i've explained my reasons and i dont have any problem with nodes owners. if i were one of the early investors i would definitely make one.