NEM fee fork coming up in ~2 weeks

in cryptocurrency •  7 years ago  (edited)

I am pretty high on NEM - I think by the end of 2017 NEM is going to have catapulted far ahead of the low twenty cent USD range it is currently trading at.

In this case I wanted to put my money where my mouth is so I bought in to NEM at several dips in price over the last few weeks and now hold about 2000 XEM - not a large investment, but I don't have a large amount of money to invest either. I have been keeping an eager eye out for news on the upcoming Catapult upgrade (a complete overhaul and rerelease of the NEM code, migrated to C++ instead of the Java it currently uses, and with quite a few feature upgrades as well - read more about Catapult here). I still haven't been able to find anything except for rumors about when Catapult will spring on us but I did find another bit of good news for NEM investors today:

Upcoming NEM fee fork


There will be a fee fork which should occur around 8/20 and will lower most transaction fees by a factor of twenty and institutes some new low flat fees for certain transaction types.

Read more about it here:
https://nemflash.io/nem-beta-0-6-93-release-fee-fork/

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Buy on RUMOR not on NEWS. Thanks for the info!

I didn't know it used Java - wow - that's scary.

Yeah there are lots of reasons to be excited about Catapult but leaving Java behind is definitely a big one

Thanks for sharing, @carlgnash! Coins that have zero/very low transaction fees are obviously going to attract people who trade frequently.

No prob - thanks @prince-maanisaad. Following you now :)

Good to know fees are getting down

  ·  7 years ago (edited)

Coucou @carignash,
Mon mari a 4500 NEM, il a bien augmenté mais c'est vrai que les frais sont très grands !

Oui je pense que c'est bonne nouevelle. Merci pour commentaire. Je parle un TRES petit peu :)

Oups, sorry !

pas de probleme

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Thanks for this info!