XEM could be the next ALT to make major price movements. Lots of people on different slacks are speculating on it. Lets see how it goes in the next couple of weeks. 

https://forum.nem.io/t/stories-from-the-dev-front-memoir/2641/57

without knowing not much about Catapult, guessing that it will be tested in the test-net and all the nembers can participate ? 

(There is lot of expectations in the air ... so the product must be weeeellll tested )

I am not here to invest, but I am sure XEM price will rise due to its superior technology.

The fiat pegging planned by COMSA is a great example. Fiat pegging requires a central authority since you must trust somebody is holding the fiat reserves backing the tokens issued. There's no way around this. COMSA will use a Mijin private block chain for this which allows them the flexibly and performance required. They will then link this private chain to the public NEM block chain for transparency and auditing purposes. This system will create a "semi-immutable" blockchain that allows them to make modifications when necessary but also makes it hard to commit fraud because of the "checkpoints" linked to the immutable NEM block chain. Using the same architecture for both public and private chains will make developing this system much much easier than other options.

They will do the same thing for cross chain transactions with other blockchains like BTC and ETC.

I feel very relieved that the Catapult update isn't ready right yet. Meaning that I've got still much more time to buy moar XEM

Thanks, your explanation helped me a lot to understand it better. So as you posted it is not NEM-exclusive. The approach can be implemented with any other blockchain in principle. Why is there then so much hope in Catapult if it could be used with other projects as well?

I've gotten another question what doesn't really depend on the first one. I run a little web service where registration is needed. Currently you need username password combination. Pretty old school. I consider to implement a simplier login via NEM address but I have no idea how it could work without providing a private key. Any suggestions? I am not a developer but my friend is very capable, so he could implement the idea.

Friends! Support your XEM ...

https://bt.irlbtc.com/view/1948108.msg21058883#msg21058883

Done 🙂 Hope more people support this

I don't think you need to do that if you are using nano wallet and the node you choose is already sync up