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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 154. (Read 661499 times)

full member
Activity: 232
Merit: 100
Waiting for my PM. And interesting to see that the final stakeholder list reception wasn't nearly as drama-filled as I had thought. Cheesy

I hope you get invited as well. You are a respected member of the NXT community.
full member
Activity: 350
Merit: 100
Waiting for my PM. And interesting to see that the final stakeholder list reception wasn't nearly as drama-filled as I had thought. Cheesy
full member
Activity: 232
Merit: 100
do we have an update when the auction will be ?  i plan to submit my bids..... what do you reckon is a fair bid?

If you see the Alpha running; a fair bid should be like 3 Btc to start with =)
newbie
Activity: 34
Merit: 0
do we have an update when the auction will be ?  i plan to submit my bids..... what do you reckon is a fair bid?
full member
Activity: 232
Merit: 100
From what I know there will be 4 billion (4e9) coins total.

thx.

any dav can confirm?

P.S: 1000000/4000000000 = 0,025% not bad!

I'm not a dev. But that is what has been told us for a long time. So I would confirm it.
hero member
Activity: 1666
Merit: 565
From what I know there will be 4 billion (4e9) coins total.

thx.

any dav can confirm?

P.S: 1000000/4000000000 = 0,025% not bad!
hero member
Activity: 980
Merit: 1001
% that entire foraging discussion %

Let's take a step back and think about what the actual process is.

People are collecting transactions and build blocks to extend the blockchain. This is to secure the network. Most people do it so they can collect the fees.

Now what single word describes this aptly ?


Imho there are 3 possible aspects to go for:

  • building of the blockchain: bookkeeping, accounting, reporting, block building, ledger keeping, recording, ...
  • collecting fees: fee collecting, encash, levy, ...
  • supporting/securing the network: validating, ...

I'm sure people can think of better words I just wanted to outline what should imho be kept in mind.




full member
Activity: 142
Merit: 100
So is the coin generation called 'foraging' then? Is this final? I'm not sure I like it... it's not a word suited to a highly technological platform. 'Foraging' brings images to mind of people rummaging in bushes or shrubs to find berries or something...

To me, a word like 'minting' sounds much better.

Quote
"A node can mint NEM at a rate according to the unique PoI algorithm."

I just think it sounds better. Has a ring to it. Thoughts?

+1

I cannot stand the term "foraging". I'm glad to see someone else has an issue with this.

"Minting" does sound a lot better, but that word refers more to the creation aspect. Qubic's Network PoW is like our PoI, and they use "Minted" to describe how Qubic's are created and "Providers" are the nodes.

Here are the two posts on this subject:
https://bitcointalksearch.org/topic/m.5850252
https://bitcointalksearch.org/topic/m.5852350

At that time "Guarding" is what I came up with, but later chanc3r mentioned the word "Validating", which I like better.
"Validating" and "Providers" are good descriptions, but let's work on this and come up with the perfect name.

Please, anything but "foraging".


Yeah, the more I think about it 'foraging' sounds worse and worse... you wouldn't 'fish' or 'hunt' for coins would you?

Why would using 'forging' be a bad thing anyway? Every single PoW coin uses the word 'mining' despite differences in their individual algorithms. If 'foraging' was an attempt to be different than NXT then it's failed; it looks like exactly the same word at a glance.

I find nothing wrong with the just plain - good old fashion "forging".

Is  there anyone else that would like to replace the term "foraging"?
 

I would not use "forging". Some people feel it familiar because its has been used before but I don't think it is a good word to describe the process. What and how do you forge exactly ? Emunie uses hatching; Maidsafe uses farming; Not sure peercoin uses what but saying "forging" is good old fashion is a bit premature imho as it has no relevance with the process it is supposed to describe.   

Okay, here is amateur linguistic analysis: forge have two main meanings: the first is to counterfeit which has a negative connotation; the second is to form by heating and beating and hammering into shape. Now if you want to describe the process to a completely new comer and you say "I have been forging NEM all days". It sounds more like you are counterfeiting something. If the second meaning gets through, it also draws a complete picture like you are forging a blade or at least it indicates a transformation of the material during the "forging" process. You "foraging" and" harvesting" does suggest you picking up something already being there not a process of transformation even though now  harvesting feels a bit more evolved to me. So "foraging" and" harvesting" are more accurate relatively to "forging" when describing the process of getting NEM as block reward from transaction fee.
 
harvesting
full member
Activity: 126
Merit: 100
How is it ?
I ipo this coin have been in the past 4 months.
But ,now.................
another IPO

just check you are not NEM stakeholder. So how's thing going ? went to a wrong place ?

ipo,stakeholder list...  lol
ipo,stakeholder list...  lol
...

what the codes,who saw what?

few weeks? 4,8,12 or 52 weeks...

Jesus know.
code need time!they learn form nxt,but do something creatbale.
how to keep fair is very important ,so we need a clear and fair list
member
Activity: 71
Merit: 10
How is it ?
I ipo this coin have been in the past 4 months.
But ,now.................
another IPO

just check you are not NEM stakeholder. So how's thing going ? went to a wrong place ?


Yes.I'm in the list.
legendary
Activity: 924
Merit: 1000
i actually had an idea last night... can we get a multipool mining now? i mean launch the multipool now and let it build up the btc until the coin actually launches? the mining power it could draw due to the massive interest in nem would be huge! and plus if btc takes a massive run up again you will see the dificulty of most coins go through the roof again... why not build up some funds up.. if nem wants to drop a bit after launch let it.. then after the drop start buying up with the mined funds..? what you think?

Sorry to disappoint you, but ShareCoin has already implemented the idea. It has a working multipool even though the coins have not been distributed yet.

https://bitcointalk.org/index.php?topic=588361.new#new

If it's any consolation, you can still apply for a free stake.

Yeah, they were pretty proud to beat NEM to the punch. Good for them. As long our multi-pool functions as planned its a big win regardless if we go first.

Best of luck to yours. Smiley
full member
Activity: 126
Merit: 100
newbie
Activity: 20
Merit: 0
So is the coin generation called 'foraging' then? Is this final? I'm not sure I like it... it's not a word suited to a highly technological platform. 'Foraging' brings images to mind of people rummaging in bushes or shrubs to find berries or something...

To me, a word like 'minting' sounds much better.

Quote
"A node can mint NEM at a rate according to the unique PoI algorithm."

I just think it sounds better. Has a ring to it. Thoughts?

+1

I cannot stand the term "foraging". I'm glad to see someone else has an issue with this.

"Minting" does sound a lot better, but that word refers more to the creation aspect. Qubic's Network PoW is like our PoI, and they use "Minted" to describe how Qubic's are created and "Providers" are the nodes.

Here are the two posts on this subject:
https://bitcointalksearch.org/topic/m.5850252
https://bitcointalksearch.org/topic/m.5852350

At that time "Guarding" is what I came up with, but later chanc3r mentioned the word "Validating", which I like better.
"Validating" and "Providers" are good descriptions, but let's work on this and come up with the perfect name.

Please, anything but "foraging".


Yeah, the more I think about it 'foraging' sounds worse and worse... you wouldn't 'fish' or 'hunt' for coins would you?

Why would using 'forging' be a bad thing anyway? Every single PoW coin uses the word 'mining' despite differences in their individual algorithms. If 'foraging' was an attempt to be different than NXT then it's failed; it looks like exactly the same word at a glance.

I find nothing wrong with the just plain - good old fashion "forging".

Is  there anyone else that would like to replace the term "foraging"?
 

I would not use "forging". Some people feel it familiar because its has been used before but I don't think it is a good word to describe the process. What and how do you forge exactly ? Emunie uses hatching; Maidsafe uses farming; Not sure peercoin uses what but saying "forging" is good old fashion is a bit premature imho as it has no relevance with the process it is supposed to describe.  

Okay, here is amateur linguistic analysis: forge have two main meanings: the first is to counterfeit which has a negative connotation; the second is to form by heating and beating and hammering into shape. Now if you want to describe the process to a completely new comer and you say "I have been forging NEM all days". It sounds more like you are counterfeiting something. If the second meaning gets through, it also draws a complete picture like you are forging a blade or at least it indicates a transformation of the material during the "forging" process. You "foraging" and" harvesting" does suggest you picking up something already being there not a process of transformation even though now  harvesting feels a bit more evolved to me. So "foraging" and" harvesting" are more accurate relatively to "forging" when describing the process of getting NEM as block reward from transaction fee.
  

You are right "forging" is not the exact word for NEM's process, it's just that personally most anything would sound better than "foraging".
"Reaping" it does sound scary. The word needs to describe NEM's process. I don't know what the word is, but I think it should be more modern/technical.
"Harvesting" is an improvment over "foraging".
newbie
Activity: 7
Merit: 0
How is it ?
I ipo this coin have been in the past 4 months.
But ,now.................
another IPO

just check you are not NEM stakeholder. So how's thing going ? went to a wrong place ?

ipo,stakeholder list...  lol
ipo,stakeholder list...  lol
...

what the codes,who saw what?

few weeks? 4,8,12 or 52 weeks...

Jesus know.
full member
Activity: 238
Merit: 100
too many bad news now,btc was cut down by china.
hope nem can give us something  different
sr. member
Activity: 602
Merit: 268
Internet of Value
How is it ?
I ipo this coin have been in the past 4 months.
But ,now.................
another IPO

just check you are not NEM stakeholder. So how's thing going ? went to a wrong place ?
member
Activity: 71
Merit: 10
How is it ?
I ipo this coin have been in the past 4 months.
But ,now.................
another IPO
sr. member
Activity: 602
Merit: 268
Internet of Value
So is the coin generation called 'foraging' then? Is this final? I'm not sure I like it... it's not a word suited to a highly technological platform. 'Foraging' brings images to mind of people rummaging in bushes or shrubs to find berries or something...

To me, a word like 'minting' sounds much better.

Quote
"A node can mint NEM at a rate according to the unique PoI algorithm."

I just think it sounds better. Has a ring to it. Thoughts?

+1

I cannot stand the term "foraging". I'm glad to see someone else has an issue with this.

"Minting" does sound a lot better, but that word refers more to the creation aspect. Qubic's Network PoW is like our PoI, and they use "Minted" to describe how Qubic's are created and "Providers" are the nodes.

Here are the two posts on this subject:
https://bitcointalksearch.org/topic/m.5850252
https://bitcointalksearch.org/topic/m.5852350

At that time "Guarding" is what I came up with, but later chanc3r mentioned the word "Validating", which I like better.
"Validating" and "Providers" are good descriptions, but let's work on this and come up with the perfect name.

Please, anything but "foraging".


Yeah, the more I think about it 'foraging' sounds worse and worse... you wouldn't 'fish' or 'hunt' for coins would you?

Why would using 'forging' be a bad thing anyway? Every single PoW coin uses the word 'mining' despite differences in their individual algorithms. If 'foraging' was an attempt to be different than NXT then it's failed; it looks like exactly the same word at a glance.

I find nothing wrong with the just plain - good old fashion "forging".

Is  there anyone else that would like to replace the term "foraging"?
 

I would not use "forging". Some people feel it familiar because its has been used before but I don't think it is a good word to describe the process. What and how do you forge exactly ? Emunie uses hatching; Maidsafe uses farming; Not sure peercoin uses what but saying "forging" is good old fashion is a bit premature imho as it has no relevance with the process it is supposed to describe.  

Okay, here is amateur linguistic analysis: forge have two main meanings: the first is to counterfeit which has a negative connotation; the second is to form by heating and beating and hammering into shape. Now if you want to describe the process to a completely new comer and you say "I have been forging NEM all days". It sounds more like you are counterfeiting something. If the second meaning gets through, it also draws a complete picture like you are forging a blade or at least it indicates a transformation of the material during the "forging" process. You "foraging" and" harvesting" does suggest you picking up something already being there not a process of transformation even though now  harvesting feels a bit more evolved to me. So "foraging" and" harvesting" are more accurate relatively to "forging" when describing the process of getting NEM as block reward from transaction fee.
  
sr. member
Activity: 419
Merit: 250
I think we may be able to improve on forging and foraging. And I don't know about reaping. Sounds kinda scary lol.

Harvesting.
Harvester.

Has that grass roots feel, without the hansel and gretel visual. Better than minting too. Minting just too... idk. Trying too hard or something.

Got a feeling Nembers might not like it, but wont say nothing for awhile cause UP said it lol. What do you guys think? Ive just always liked the word harvest in general. So im a bad example.
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