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

[CORNEL]

from nem twitter

CATAPULT

We’ve been moving toward our next release and tonight we are a bit closer! Our devs are pretty amazing. Thank you @NCOSIGIMCITYNRE and team. Check out the latest

https://t.co/4cIUBBknTC

Indeed that is good news they are moving forward consistently into good direction I also hope this project will become giant in future. This is the safe point to make entry in this project.

[lemonandfriesonetwo]

https://forum.nem.io/t/foundation-faq-core-dev-perspective/20363

NEM core developer perspective here on the foundation.

I find this un-fucking-believable.

They were supplied with a Catapult roadmap six months ago and have done nothing with it and Jaguar suspects most didn't comprehend it. I really hope these elections get rid of the dead wood and install people who realise there's a world beyond their meetings because that's a flat out piss take.

Are you going to apply to be part of the foundation?

[gentlemand]

Are you going to apply to be part of the foundation?

I made plenty of offers to help in the deep past. All were ignored.

Throw this in with how crappily these elections are being run - far too rushed, not PoI voting, 500 XEM fee, and plenty of evidence of new signups being paid - and the foundation's looking distinctly tinpot.

Pretty much everything people have been moaning about forever has just been confirmed.

[lemonandfriesonetwo]

Are you going to apply to be part of the foundation?

I made plenty of offers to help in the deep past. All were ignored.

Throw this in with how crappily these elections are being run - far too rushed, not PoI voting, 500 XEM fee, and plenty of evidence of new signups being paid - and the foundation's looking distinctly tinpot.

Pretty much everything people have been moaning about forever has just been confirmed.

To be fair, the whole system is still experimental but I can see where you are coming from. I once tried to help some coins but was either used or just plain ignored.
It's probably better not to deal with it to save yourself the stress.

[boomboom]

Are you going to apply to be part of the foundation?

I made plenty of offers to help in the deep past. All were ignored.

Throw this in with how crappily these elections are being run - far too rushed, not PoI voting, 500 XEM fee, and plenty of evidence of new signups being paid - and the foundation's looking distinctly tinpot.

Pretty much everything people have been moaning about forever has just been confirmed.

You should run for a Council spot, NEM needs independent opinions at the top.

[erwan]

Guys, is catapult already available for NEM’s public blockchain or is it going to be released by end of this year?

[nzminer]

Are you going to apply to be part of the foundation?

I made plenty of offers to help in the deep past. All were ignored.

Throw this in with how crappily these elections are being run - far too rushed, not PoI voting, 500 XEM fee, and plenty of evidence of new signups being paid - and the foundation's looking distinctly tinpot.

Pretty much everything people have been moaning about forever has just been confirmed.

Why would POI voting be fairer when those with a low balance would have little say?

[boomboom]

Why would POI voting be fairer when those with a low balance would have little say?

Because self-interest is always trying, and PoI is directly proportional to self-interest, that's why private enterprise is usually better than bureaucracy in getting things done efficiently, with some notable exceptions like public goods.

[YMaverik]

https://forum.nem.io/t/foundation-faq-core-dev-perspective/20363

NEM is dead

[satb]

https://i.imgur.com/h2TAKhq.jpg

A distant memory, or hope for the future?

[KimNg]

NEM is dead

No, but I will agree that this forum is somewhat lifeless.

In time we will have our own obit page.
https://bitcoinobituaries.com/
https://bitcoincasinokings.com/52-times-bitcoin-died-2010-2018-infographic/
https://github.com/jragosa/EthereumObituaries
https://digiconomist.net/ethereumobituaries

Here is a great application.
https://www.coindesk.com/malaysian-government-universities-team-to-put-degrees-on-a-blockchain/

[jkoil]

Why would POI voting be fairer when those with a low balance would have little say?

Because self-interest is always trying, and PoI is directly proportional to self-interest, that's why private enterprise is usually better than bureaucracy in getting things done efficiently, with some notable exceptions like public goods.

Are you saying that those people who have more PoI, have also more to lose in the voting, and that is the reason why they will try to make wise votes?

That may be true, but there is also the risk that if the PoI's are too concentrated, then the votes may represent too narrow or too short-term visions.
 

[gentlemand]

Are you saying that those people who have more PoI, have also more to lose in the voting, and that is the reason why they will try to make wise votes?

That may be true, but there is also the risk that if the PoI's are too concentrated, then the votes may represent too narrow or too short-term visions.
 

By the looks of things no more than a couple of hundred people have registered to vote because the whole process is so fucked up. There's a good chance many of them will be identified as sockpuppets. PoI would've been a better move until less stupid conventional voting could've been put in place.

[boomboom]

Why would POI voting be fairer when those with a low balance would have little say?

Because self-interest is always trying, and PoI is directly proportional to self-interest, that's why private enterprise is usually better than bureaucracy in getting things done efficiently, with some notable exceptions like public goods.

Are you saying that those people who have more PoI, have also more to lose in the voting, and that is the reason why they will try to make wise votes?

That may be true, but there is also the risk that if the PoI's are too concentrated, then the votes may represent too narrow or too short-term visions.
 

Yes, PoI  is directly proportional to self interest in making NEM successful, skin in the game. It doesn't mean good decision making is directly proportion with PoI, but it does remove a lot of stupid elements that often make public sector decision making so frustratingly idiotic when decision makers deploy other people's money and assets.. Until humanity reaches a new plane of enlightenment the safest assumption is the vast majority of people act in their own self interest, therefore the best system of governance is one that aligns the interests of investors with those making decisions.

Council members will act to further their own interests, if they are there because a lot of XEM voted for them they will act to make that XEM more valuable, so they keep their position. If Council members can get elected without much XEM holder support then we will have problems when their personal interests are in conflict with the value of XEM, so we could expect the same inefficiencies as the government sector, big salaries, lots of overseas travel, people more worried with personal power and influence than making NEM price rise, which is the ultimate result of good decisions,  increased adoption increasing market price.

[MMysterious]

Ouch! I am too behind on crypto news since the market slump. So Lon Wong is already out as head of NEM? He is the founder so is he still officially part of the team or not? His project is still using the NEM network. Any story behind?

[LordAltcoin]

Regardless....

Ive seen so much "Drama" like this in Crypto and everytime, it works out to be the best time to buy, often the "drama" is blown out of porpotion and actually used to drive down prices.  

Mark my words....    If you are in XEM HODL, ignore the Drama.  If you are looking to Buy, fill your boots ! IF nothnig else, chart looks perfect!

Started at the bottom!

Current XEM Chart on Bittrex with clear Buy zone > https://i.imgur.com/bc9ewX9.jpg

[Blondoar]

apparently they've secured a partnership that will allow 1000 businesses to accept Xem as a currency. Nem really is the next bitcoin imo

[KimNg]

Regardless....

Ive seen so much "Drama" like this in Crypto and everytime, it works out to be the best time to buy, often the "drama" is blown out of porpotion and actually used to drive down prices.  

Mark my words....    If you are in XEM HODL, ignore the Drama.  If you are looking to Buy, fill your boots ! IF nothnig else, chart looks perfect!

Started at the bottom!

Current XEM Chart on Bittrex with clear Buy zone >

"In the midst of chaos, there is also opportunity." -Sun Tzu

[nzminer]

Regardless....

Ive seen so much "Drama" like this in Crypto and everytime, it works out to be the best time to buy, often the "drama" is blown out of porpotion and actually used to drive down prices.  

Mark my words....    If you are in XEM HODL, ignore the Drama.  If you are looking to Buy, fill your boots ! IF nothnig else, chart looks perfect!

Started at the bottom!

Current XEM Chart on Bittrex with clear Buy zone >

"In the midst of chaos, there is also opportunity." -Sun Tzu

Look how stable the price has been since august!

[nzminer]

Ouch! I am too behind on crypto news since the market slump. So Lon Wong is already out as head of NEM? He is the founder so is he still officially part of the team or not? His project is still using the NEM network. Any story behind?

Lon is still very much involved with NEM and is working on his own project to extend the NEM ecosystem called ProximaX.