04 Aug Symbol blockchain news update – 04/08/21

Hi everyone and welcome to Wednesday’s Symbol Blog news update! It is a little rushed again today so I have probably missed things and there may be typos throughout (sorry)! My son’s nursery is closed due to (another) COVID outbreak so I am splitting my time between work, childcare and blog writing. I need a holiday! 😆

Sharing knowledge

Love this tweet from @xembook!

I believe that one of the conditions for the growth of open source projects is the “voluntary sharing of development know-how by the community”. I have been focusing on this point since 2017, and I feel that it has definitely “ignited” in the last few weeks.

There is no stopping NEM Symbol now.

@xembook (automatic translation!)

オープンソースプロジェクトが成長するための条件の一つに「コミュニティによる自発的な開発ノウハウの共有」があると考えています。私はこの点について2017年から注力していました。そしてこの数週間で確実に「着火」したと感じています。

もうNEM Symbolは止められません。

— XEMBook (@xembook) August 3, 2021

I feel the same way. The more we share, the more we collectively learn. I have really enjoyed translating @xembook‘s Python tutorials and feel like I have learnt a lot from them. I will endeavour to translate and explain technical articles to the English speaking world – please talk to us and let us know if you know what we are currently missing!

I was actually playing around today with aggregate transactions and building on this article:

Check out our latest post on creating aggregate bonded transactions using the #Symbol #Python SDK! Thank you @xembook for your excellent original article! I learnt a lot working through it! ?https://t.co/kxIqiz4RYI#programming #blockchain #aggregatebondedtransaction

— SymbolBlog (@blog_symbol) August 3, 2021

I managed to set up two XYM to mosaic transfers between Alice, Bob and Carol so that Alice had enough of the mosaic to trade with Dave for a subscription to a service which was then written to Alice’s account as metadata. It was actually really easy to do and I am beginning to see the power of aggregate transactions. Maybe I will write this up after I make a post about Symbol metadata – actually I think xembook might have one so that will be next in line for translation! 😊

Symbol development in Python guides

Oh and if you are interested in taking your first steps in developing on Symbol using Python you can find all of our guides here.

If you missed any of the Symbol Python guides you can find them all here:https://t.co/ML068gkyLl

There are eight so far and hopefully we will post more soon! Let us know how you get on in the comments on the blog ?#Symbol #Python #blockchain #crypto #coding #programming

— SymbolBlog (@blog_symbol) August 3, 2021

Thanks again to all of the original authors, I hope that my translations are OK. To anyone following the guides, we welcome your feedback. If you have your own guides that you would like to share then let us know!

Web integration of Symbol payments

I saw this tweet from @bestgoldangel which links to quite a comprehensive guide to implementing a web-based Symbol payment system in TypeScript. As usual it is in Japanese but Google Translate does a reasonable job here and you should be able to follow it.

?Introduce #cryptocurrency payments at explosive speed using #Symbol?

?Interesting and informative article, I advise????

?«Symbol を使って爆速で仮想通貨決済を導入しよう»
? $XYM #Japan #English #CryptoNews
?https://t.co/yG7S85hQoi

— AngelNEM (@bestgoldangel) August 3, 2021

I would try to translate but there is a lot of Japanese text and I’m not sure I fancy getting my head around TypeScript too! The code is available on GitHub so go check it out!

Taking suggestions

What do you want to hear about from @0x6861746366574 (Hatchet)? She has promised me a guest post on Symbol Blog (I will hold you to that! 😁). Not sure if this tweet relates to this, or if it rhetorical but it seems to me like an invitation to the community for input on ideas for an article so let her know! 😊

What should I write about? ?

— ً (@0x6861746366574) August 4, 2021

Price talk & exchanges

Since starting writing the blog I haven’t been as obsessed as I once was with checking the Symbol price (I am probably too busy!). This tweet from @TrendStream seems to show some early encouraging signs though. Personally I am pretty confident that the days of cheap XYM will not last too long.

まだ確定ではないけどようやく1ヶ月平均を越えようとしておる。狼煙シグナル整うのが10としたらここはまだ2か3くらいの兆しですけども#Symbol #XYM #狼煙 pic.twitter.com/hqwNGNgmki

— トレスト?オオカミ農園 (@TrendStream) August 4, 2021

It is also good to see the team actively helping exchanges integrate Symbol. I wonder which exchanges are coming next.

Just to clear up any misconceptions, @NCOSIGIMCITYNRE, @Jaguar0625 and I will be handling XYM and XEM’s integration on exchanges moving forward. Exchanges want to see a vibrant community, innovative dApps and a rockstar team – so we *all* have some work to do.

— ً (@0x6861746366574) August 3, 2021

As Hatchet mentions, having an active and vibrant community really matters here so get involved!

It seems that there are active discussions about this on Discord so hopefully we will see more exchange listings soon.

And finally..

Just a reminder, if you have more than 10,000 XYM then you should be harvesting! You can earn XYM for doing nothing!

?Activating delegated harvesting using the Desktop Wallet
Share your account’s importance securely with a node and get rewarded.
✅Accounts with higher importance are selected more often to perform harvesting.
in Russian as well
⛓#Symbol $XYM #blockchainhttps://t.co/KU7erZ5nVF pic.twitter.com/Dt3HbbhrF2

— AngelNEM (@bestgoldangel) August 2, 2021

Thanks!

Once again, thank you for reading and we will be back tomorrow (my birthday! 🥳) with another post!