NEM is a very controversial coin. I think she has the potential but it has too many flaws which push me away from her.
Topic: NEM - copycat scam? (Read 3902 times)
I think NEM had many progressive intiatives, but it nevertheless lacks security, hence hacks and other problems
I think you misunderstood something.
I think NEM had many progressive intiatives, but it nevertheless lacks security, hence hacks and other problems
NEM IS GETTING CLOSE.
Then all these questions will.be answered.once and for all.
NEM will be in the top 3.
Just watch!!!
Then all these questions will.be answered.once and for all.
NEM will be in the top 3.
Just watch!!!
Its not a copy cat scam, its just a copy cat.....openly so.
Not anymore, devs decided to write new code from scratch, using best of NXT plus NEMs own improvements.
I beleive in the dev. He is a responsible man according to his action.
+1
Its not a copy cat scam, its just a copy cat.....openly so.
Not anymore, devs decided to write new code from scratch, using best of NXT plus NEMs own improvements.
I beleive in the dev. He is a responsible man according to his action.
All coins are a copycat of bitcoin, and they are very open about being a copycat. Now lets get down to the real meat and potatoes... is NXT a scam?
+1
if i had made a "2nd gen" coin and give them to the people living in my building it would have been more fairly distributed; so i'd say yes.
I think everyone here saw that u are really "2Kool4Skewl" (awesome nick btw). I assume ur happy making big money with ur 200$ investment ? such genius.
i wish nem succeed finding every sockpuppets accounts, i took myself a share hoping it will be better distributed. And if it fails, i'll be donating those coins as i've done with my nxt.
FAPFAPFAP
Nobody is seriously going to copy Nxt until the broken parts are fixed.
What's broken? The account key is too short! The block hash key is too short! The block hash is not safe from quantum computing! The secret pass phrase is too easy to crack! The genesis account has already been cracked! There is no explicit linking between transactions.
It is unfortunately fundamentally broken.
Anyway, I look forward to clones that fix the problems.
What's broken? The account key is too short! The block hash key is too short! The block hash is not safe from quantum computing! The secret pass phrase is too easy to crack! The genesis account has already been cracked! There is no explicit linking between transactions.
It is unfortunately fundamentally broken.
Anyway, I look forward to clones that fix the problems.
Nobody is going to copy NxT because there are purposely laid traps in the open source code. So a mere copy and paste would lead to a highly exploitable coin. It would take a real developer to copy NxT, not some cheap copy and paster, like 99% of alt coins.
Also, the genesis account was meant to be cracked. It was already emptied long before it was cracked. It was purposely made difficult enough so that it would be safe during distribution, but easy enough to crack later on. It actually was a very interesting qoute, the first line of 1984. Very meaningful when considered in context. It reads, "It was a bright cold day in April, and the clocks were striking thirteen."
Also, this passphrase was a very well known text. Very easy to crack, but a well designed pass phrase is impossible to crack even if every computer on Earth was programmed to hack it. Seriously.
NEM is not fairly distributed. Its distribution is highly concentrated, much more so than Nxt.
Lol how do you work that out , can you provide proof of your FUD , No cos you talk rubbish / i am interested in NEM & NXT & LTC & BTC It is shit talk by the likes of you that put people of investing more with you. 
Do you think people would invest in someone who talks lies? No so do your job properly and look after my INVESTMENT with nxt 
Nobody is seriously going to copy Nxt until the broken parts are fixed.
What's broken? The account key is too short! The block hash key is too short! The block hash is not safe from quantum computing! The secret pass phrase is too easy to crack! The genesis account has already been cracked! There is no explicit linking between transactions.
It is unfortunately fundamentally broken.
Anyway, I look forward to clones that fix the problems.
What's broken? The account key is too short! The block hash key is too short! The block hash is not safe from quantum computing! The secret pass phrase is too easy to crack! The genesis account has already been cracked! There is no explicit linking between transactions.
It is unfortunately fundamentally broken.
Anyway, I look forward to clones that fix the problems.
Seeing as NxT copy every feature that eMu bring to the development table, so if we go with your logic - then the NxT you are defending is actually also a copy cat coin?
Just making sure that i'm not the only one that feels NxT hasn't got even one single unique feature that eMunie hasn't had in beta for a few months already.
Just making sure that i'm not the only one that feels NxT hasn't got even one single unique feature that eMunie hasn't had in beta for a few months already.
lol.. you kill me.
NEM = good technology + huge community + many features + good leader. It's not a scam. It'll be good and stable coin.
I really hope that NEM would be huge successful
I don't care if NEM was copied from NXT or not.
If it was, please at least fix the stupid and less security 20-digits wallet address.
Then I will consider to invest some.
If it was, please at least fix the stupid and less security 20-digits wallet address.
Then I will consider to invest some.
Not only is the wallet address just 8 bytes, but the block hash is only 8 bytes!!
In short, its damn easy to counterfeit an entire block!
nxt‘s account is as safe as BTC's,
the unsafe part is due to the brain-wallet passphrase,
if u select a weak password, it's easy to be cracked.
the unsafe part is due to the brain-wallet passphrase,
if u select a weak password, it's easy to be cracked.
I don't care if NEM was copied from NXT or not.
If it was, please at least fix the stupid and less security 20-digits wallet address.
Then I will consider to invest some.
If it was, please at least fix the stupid and less security 20-digits wallet address.
Then I will consider to invest some.
I'm sure there are plenty of fakes and shills on the list. However I am confident that it's a little more than 70 people or so.
Hit us up with some evidence. I'm curious.
Hit us up with some evidence. I'm curious.
There are more than ~70 involved in Nxt now. I know that some major shareholders sold their Nxt very early for 1 btc per 1,000,000 Nxt. Now there are over 24k accounts. The only reason there were only ~70 original investors is because few people were interested.
Once people saw the return people got from investing in Nxt, they started clones of Nxt hoping for a similar return. Some of these clones were highly fraudulent and the majority were just scams. NEM's distribution is flawed because of sockpuppet accounts. It's my opinion that you would do better off with Nxt than with Nem, but that's a decision individuals should make for themselves. I'm just letting you know what I know.
There are some charts regarding Nxt's current distribution posted in the main Nxt thread. I'm not sure what page they are on but if you search you will find them. Nxt is now more distributed than even Btc.
Nevertheless you appear to be keeping your options open by not objecting to your name being reinstated on the NEM stakeholders list
For some reason, despite keeping your own options open, you are advising people that they should make a choice between NXT and NEM.
Personally I support both and see no inconsistency in doing so.
I dont think its a scam. people have rights to express views but to constantly slag each coin off gets boring. so live and let live. NEM has good intentions and the big acc holders of NXT dont give a shit.
lucozade makes you feel good
lucozade makes you feel good
NEM is not fairly distributed. Its distribution is highly concentrated, much more so than Nxt.
why do you feel the need to spread bad things about NEM in every thread it's mentioned? just stop
It is just the truth. I think all the Nem "investors" would be better off if they simply used Nxt. I see no innovation or advantages to Nem.
What are the innovation or advantages to NXT? The fact that it was rushed to market to beat emunie?
click on my sig and then click on "updates" the READ the development notes for NEM and tell me what you think then. Than get back to me.
your sig is not clickable
once again, nem has no innovations, no code. Just promises.
NEM is not fairly distributed. Its distribution is highly concentrated, much more so than Nxt.
why do you feel the need to spread bad things about NEM in every thread it's mentioned? just stop
It is just the truth. I think all the Nem "investors" would be better off if they simply used Nxt. I see no innovation or advantages to Nem.
Bitcoin has less than a 1% market share of the financial market (realistically still 0%). For as big as it is, it isn't even a force yet. For new people that want to invest in cryptocurrencies, which will basically be everybody if cryptocurrencies actually get a real market share, Bitcoin is the first place they look, but the concept of miners might leave a bad taste in their mouth compared to the NXT approach of forging and being environmentally friendly. But then they hear that NXT was started by 70 some odd people (maybe if there weren't double accounts) or they hear about NEM, which is in most ways fairly similar, but has thousands of original investors from countries all over the world, and has PoS/PoI instead of just PoS where the rich get richer.
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