The private branch of NEM spills some beans...

in nem •  7 years ago 

NEM is one of my favorite cryptos. And it is a bit strange the way it is set up. It consists of one public branch, which we know as NEM and a private one called Mijin. To get access to information on NEM is easy. Mijin on the other hand is harder. Since most of the core development is related to Mijin, it was fun to stumble upon this article, which is a great read except from the broken English. It covers a vast array of topics and a few things that covers the development of Catapult which is currently in beta testing.

And there is a few things here that I didn't know. Like this for example:

The atomic swap feature for assets is implemented by default in Catapult version of NEM protocol. Therefore you can trade and exchange tokens for XEM without intermediary of a third party. In addition, even if you don’t have XEM, you can ask a third party to pay a network fee for you.

It is a lengthy piece, covering many industry topics, so it offers much for anyone really. And even more for NEMbers.

You can find the full article here:

https://www.cryptostream.jp/new-years-message-for-2018-from-takao-asayama-the-ceo-at-tech-bureau-inc/

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Atomic swap - what a great term. It sounds very innovative.

This is a very good post. Thanks for share.