Arguments are biased, and shallow. They don't realise that blockchain like NEM, has a database too. So why are we using database as part of the solution and call it a blockchain? Blockchain is designed with the ultimate objective of making data irreversible, immutable, and highly available in a distributed or decentralised environment. It makes use of a peer to peer network, a database, and cryptography to achieve this objective.

The end result is a system that is very much cheaper to run while providing a tamper evident solution that has its place in both the private and public domain.

Having said that, it does not stop a company like Oracle and MS to work on something that is "out of the box" solution to build the same. But first, they will have to find a good business case to do so.

True, unless the DB is s blockchain

Just a heads up whoever is running http://nodeexplorer.com/ that it is showing 0 active nodes for whatever reason.


I also get ERROR 306 NIS: UNEXPECTED ERROR when logging into my wallet, although it seems to be working OK.

hey guys! thanks for open port 7777

nem light wallet nodes:

http://88.86.222.147:7777/ - russia
http://85.214.147.217:7777/ - germany
http://nijuichi.nem.ninja:7777/ - france
http://23.95.44.142:7777/ - usa
http://go.nem.ninja:7777/ - france
http://51.254.216.134:7777/ - france
http://77.58.253.73:7777/ - switzerland
http://jusan.nem.ninja:7777/ - france

thanks workin neat

Although i have to always choose the same node to be able to open my newly created brainwallet, is it normal ?

IMPORTANT NOTICE

As mentioned, lightwallet does all the signing inside the browser, however you should only use lightwallet on node YOU OWN, or node YOU TRUST. The reason is one could create EVIL lightwallet, that would steal your keys, or serve totally FAKE lightwallet

We WILL provide a way to start lightwallet locally and connect to a selected node (similar like in ncc)

(If you trust us, you're free to check it on yakuza and alices nodes, those are nodes we control - san, go, hachi, jusan, nijuichi, alice2-alice7  .nem.ninja)

Hoping to hear some good news soon

If you can read Japanese, Google translate is horrible ...
http://www.okwave.co.jp/news/press_log/2016/0104.html
http://itpro.nikkeibp.co.jp/atcl/news/15/010304207/?

Another Mijin partnership with okwave.jp, huge web portal.

Seems okwave is testing the blockchain for login authentication.

If someone who reads japanese can sum up those press releases would be nice.

No Problem

I first thought "hmm how to get the new generated private Key from the lightwallet" ...
But the Key is the Brainwallet Password - good to know

@DenisZabar: it means you own 3969.956865 xem (the xem you own is equivalent to the nem.xem mosaic)