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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 20. (Read 661525 times)

hero member
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only 50 pages... Roll Eyes..

Thank you I will try to follow up...

They mean the first post. You know, like usually...
full member
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only 50 pages... Roll Eyes..

Thank you I will try to follow up...
full member
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Merit: 100
Hi all,

Just yesterday I have discovered NEM and bought a small stake from NXT AE. Assuming that I do not want to sell my stake if I understand correctly I have to send my NEM to the issuer? If so by when? How I will obtain my NEM coins then? Can you please advise or send a couple of important links to get me up to speed?

Thanks in advance!
Easy read this  Smiley
https://bitcointalksearch.org/topic/nem-nemstake-tokens-are-listed-on-nxt-asset-exchange-616467  Smiley
full member
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full member
Activity: 135
Merit: 100
Hi all,

Just yesterday I have discovered NEM and bought a small stake from NXT AE. Assuming that I do not want to sell my stake if I understand correctly I have to send my NEM to the issuer? If so by when? How I will obtain my NEM coins then? Can you please advise or send a couple of important links to get me up to speed?

Thanks in advance!
full member
Activity: 180
Merit: 100

2) long term/high impact marketing(this is what ethereum is doing):


Besides that, one of the most important things we could do for NEM in the long term is find one or more persons which should be "the faces" of NEM at conferences, interviews, and do what Vitalik Butering does for Etherium, capturing the imagination of technical people and intelligentsia by kindling intelligent discussions and intellectual experiments regarding how NEM works, what we can and could do with it, what problems of previous coins we solve, etc. This is the highest point we need to target, which if we do correctly, will overflow and bring news about NEM into all other sub-layers of society.



I guess it has to come from the core team. One needs to be technically savvy too as often this person will need to defend the design as a good crypto worthy of use AND cause.

Speaking of Ethereum, can any well educated crypto minds elaborate perhaps on some of the key differences/similarities to NEM? As far as my research has led me, I'm quite comfortable saying NEM will be the best Bitcoin 2.0ish platform when it launches next to NXT and perhaps Ripple (though a different beast from a political standpoint). If I read correctly, Ether is going to be PoW still?, obviously a difference there, but what about what it does and doesn't do with Bitcoin 2.0 that NEM does? Never hurts to evaluate the competition and beat them to punch Smiley. It is the other major blip on my radar next to NEM. Certainly the community is very well established as others point out, and as DOGE showed us, that can be everything.
newbie
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You may be right, but i would guess that the key creation process will stay nearly the the same in alpha,beta and final version. I plan a package that will enable everybody to create this vouchers and as i am not a pro dev it will take some of my time. The key creation process will hopefully not change that much so it can be prepared now which will give me some more time for the graphics later on and i will be able to test my first results on the beta.

Actually we're considering one change, but I'll ansewer you on PM anyway

@ gimre thanks a lot, i don't want to hurry, pls. take your time
@ kodtycoon  everything fine, tnx !  Smiley

1. curve is secp256k1
2. public key is "compressed" (there's byte 02 or 03 byte used instead of encoding full Y, Y can be retrieved from X and that 02/03 byte)

encoding public key (PK):
1. d1 = sha3(PK)
2. d2 = ripe160(d1)
3. d3 = concat(version, d2),  version byte for alpha is 0x98
4. chk = 4 first bytes of sha3(d3)
5. d4 = concat(d3, chk)
6. Base32encode(d4)


Perfect, that will help, thanks! Will the base32 use special alphabet? private key will be 32byte int? and is there already a wallet import format defined for the private key, will it be base32 or base58 encoded?

A Wallet allows for adding an existing NEM account. The account has to be identified by the private key, which has to be provided as the hex representation.
The walet API is provided by NCC and is REST-based.


Hi gimre,
Hi Thies1965,
Hi everybody,

thanks a lot for your help regarding the NEM address creation for my NEM voucher project! I have implemented the code in javascript and it seems that i am able to create valid  addresses. If you have a second of your time (i know you are VERY busy atm), may you please quickly confirm whether the private key matches to the NEM address below and that the address is valid (alpha version 0x98)?

Code:
Private Key Hex:1CDAB90F0DD5C0B4DE95228D10E2B3B5FDC22B536C7C7D0051746FA8343581E5
Pub Key compressed Hex:0345FC70AEA6B5B32D31822F5AB22070145D528C8450F609880DAA96085F1C0F65
Pub Key compressed Bytes:3,69,252,112,174,166,181,179,45,49,130,47,90,178,32,112,20,93,82,140,132,80,246,9,136,13,170,150,8,95,28,15,101
Public Key SHA3:DF51456AB698EC0B5D140D1788EA85B101EFCDCD1238C235E032A1587CD8171F
Public Key Hash160(SHA3):DD7FB26EFC1947660CBFC2AF2C8B480CBEB4651E
Version Hex:98
HashandVersion:98DD7FB26EFC1947660CBFC2AF2C8B480CBEB4651E
Checksum -->first 4Bytes of SHA3(HashandVersion):A41BC5CA
NEM Address unencoded Hex:98DD7FB26EFC1947660CBFC2AF2C8B480CBEB4651EA41BC5CA
NEM Address unencoded Bytes:152,221,127,178,110,252,25,71,102,12,191,194,175,44,139,72,12,190,180,101,30,164,27,197,202
NEM Address Base32 encoded:TDOX7MTO7QMUOZQMX7BK6LELJAGL5NDFD2SBXROK
hero member
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Nxt NEM
I disagree Xtester.  A lot of copywright coins did what you described (Mastercoin and others) all for naught.  

personality worshipping often backfires.  I'm reminded how they brought Kevin Spacey to represent Call of Duty

  There's little point to it.  Practically no one reads articles or videos for crypto currencies.  People these days have a 5 second attention span. Think of all that money Doge wasted on the Olympics and Nascar and nothing to show for it.



Do you mean that Doge had nothing to show?
Then I agree in that sense that there is no use to market unless there is something which keeps the "decoyed" people in the "shop (or something)" Smiley
full member
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If we have a stake, and bought a portion of a stake on the AE exchange, can we still bid in the auction?
sr. member
Activity: 274
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2) long term/high impact marketing(this is what ethereum is doing):


Besides that, one of the most important things we could do for NEM in the long term is find one or more persons which should be "the faces" of NEM at conferences, interviews, and do what Vitalik Butering does for Etherium, capturing the imagination of technical people and intelligentsia by kindling intelligent discussions and intellectual experiments regarding how NEM works, what we can and could do with it, what problems of previous coins we solve, etc. This is the highest point we need to target, which if we do correctly, will overflow and bring news about NEM into all other sub-layers of society.



I guess it has to come from the core team. One needs to be technically savvy too as often this person will need to defend the design as a good crypto worthy of use AND cause.

That´s really important. Look at Dark / XC / Monero / Veri and so on. Every group blames the other not to be anonymous.
hero member
Activity: 756
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I disagree Xtester.  A lot of copywright coins did what you described (Mastercoin and others) all for naught. 

personality worshipping often backfires.  I'm reminded how they brought Kevin Spacey to represent Call of Duty

  There's little point to it.  Practically no one reads articles or videos for crypto currencies.  People these days have a 5 second attention span. Think of all that money Doge wasted on the Olympics and Nascar and nothing to show for it.

legendary
Activity: 1059
Merit: 1016

2) long term/high impact marketing(this is what ethereum is doing):


Besides that, one of the most important things we could do for NEM in the long term is find one or more persons which should be "the faces" of NEM at conferences, interviews, and do what Vitalik Butering does for Etherium, capturing the imagination of technical people and intelligentsia by kindling intelligent discussions and intellectual experiments regarding how NEM works, what we can and could do with it, what problems of previous coins we solve, etc. This is the highest point we need to target, which if we do correctly, will overflow and bring news about NEM into all other sub-layers of society.



I guess it has to come from the core team. One needs to be technically savvy too as often this person will need to defend the design as a good crypto worthy of use AND cause.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Unfortunately, ethereum seems to be doing the best job currently, mainly because of all the media attention.

Correction: ethereum seems to be doing the best job currently, mainly because they know how to attract the media attention.

Remember what I have said before:

I think we should proceed with marketing in two ways: 1) using guerila-style, immediately rewarding marketing which includes all you have said before and some of what I have said in my marketing proposal and here:


In addition to what I suggested in the marketing proposal brought before, I think there are 2 things which will bring an immediate and huge amount of attention and cash flow into NEM: 1) Launch and get a place into top 10 -15 on coinmarketcap and 2) do everything necessary to bring NEM on one of the premiere and most popular exchanges.1



References
1 I think although counter-intuitive, this may be one of the most effective ways to bring volume into our currency, go into the spotlight and market ourselves at the beginning. Mintpal looks better than most exchanges and sucks less. But more importantly it is the premier exchange for altcoins, has good customer service, has not been compromised or hacked until now, people have traded already thousands of btc/day on it and have btc at disposal there. Blackcoin reached its peak on and probably because of mintpal, same with darkcoin. If we would get on mintpal the result would certainly worth it. It would probably be the easiest way to make btc flow into NEM. From experience I can tell the reputation of the exchange on which the coin is listed is an important predictor of limits in coins volume, meaning people will no way trade 100btc in one trade on bittrex or poloniex but would comfortably do so on mintpal. This is why coins like balckcoin and darkcoin have made it their mission to reach mintapl. The fact is that when almost any coin is created, it generally gets first listed on bittrex and poloniex. After a couple of days, if the coin is interesting enough and it attracts more than 100btc daily volume, the coin is secretly evaluated by mintpal to be added there. Some are added only when they reach 500btc/day volume, some are added only through voting and even paying for voting. Some are never added because it's probably too hard.(NXT is a good example.) The was a time when cryptsy was the premier altcoin exchange, but that time has passed and cryptsy seem to be heading the wrong way.

When a coin grows in price and volume, we generally tend to attribute all the credit to interesting things like innovation, marketing and other stuff, missing the point that the market is a bit more complex and often counter-intuitive in many ways, and the majority of price increase and volume may in fact come from manipulation which is strictly coordinated to accompany innovation and good news(see bitcoin and dogecoin manipulation examples). In the same way, I think we tend to overemphasis the short term effect of innovation, marketing and other stuff over getting listed on a very popular and relatively trustworthy exchange. But looking at the facts and experience, the latter in close coordination with the former may be responsible for the most part. It may even be so due to initiation of some complex chain of events that is utterly invisible at this point. Think 80/20 principle but instead of 20 put 1 or 2 factors.





2) long term/high impact marketing(this is what ethereum is doing):


Besides that, one of the most important things we could do for NEM in the long term is find one or more persons which should be "the faces" of NEM at conferences, interviews, and do what Vitalik Butering does for Etherium, capturing the imagination of technical people and intelligentsia by kindling intelligent discussions and intellectual experiments regarding how NEM works, what we can and could do with it, what problems of previous coins we solve, etc. This is the highest point we need to target, which if we do correctly, will overflow and bring news about NEM into all other sub-layers of society.


legendary
Activity: 1059
Merit: 1016

This is another great post!  I agree with everything you are saying.  What you have laid out is a very good road map.  Clearly brainstormed well.  

As far as targeting a tech savy group.  I think we should airdrop NEM on MIT like bitcoin did.  It is a very localized market.  It is the exact demographic that would like it and think it is cool.  If it works out, I say we hit Harvard and Boston University with airdrops.  That would mean we have blanketed three corners of Boston.  

Taking over the world starts one neighbourhood at a time.  When two countries fight, they don't throw bombs randomly over a country.  That is exactly what all other altcoins and bitcoin are doing.  They are dispersing themselves all over the world, a little bit here and a little bit there.  When a general is in charge with strategic knowledge, he pics one beach, one town, one front to attack.  Then when he has it, he goes after another target.  One at a time until the whole country falls, and then the next country.  

Crypto currency is an entirely new concept, and new way of thinking about money.  It is very different than other technologies.  Think back to the introductions of phones or electricity.  Phones weren't just put all over the world one at a time, they were introduced small market by small market.  The same with electricity.  The same with plumbing.  The same with internet.  And so on.  Crypto is just as revolutionary as these and is just as new and strange.  Before people had electricity, they didn't think they needed it.  The same with phones.  The same with internet.  And so the same is with cryto.  The world does not want to just embrace this idea.  It doesn't think it needs it. Actually, they sit around and laugh at us and make jokes. But we can show them.  We can do it one market at a time.    After the first market falls, the second is easier, and the third easier after that.  After a while later markets will beg to be introduced.  

You did not just read the Tzun Tzu art of war did you? ;-)


Hahaha, Years and years ago.  Required reading for all strategist in the military.  

Agree. We could hold a worldwide nomination for the first NEM city (or at smaller scale - NEM square) similar to what Google did with fiber cable.

http://www.muniwireless.com/2010/02/20/nominate-your-city-for-google-fiber-project/

Isle of Man maybe a good option because it is progressive in so far as cryptos are concerned. Flights of Crypto Biz will go there soon with their latest release of a conducive digital currency regulation.

http://www.gov.im/media/1197368/questions_and_answers_re_iom_position_on__digital_currencies_final.pdf
legendary
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mining is so 2012-2013
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forget the moon, NEM is going into deep space!
[/quote]

forget the deep space, NEM is going to another dimension!
hero member
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vote everydeay! NEM TO THE MOON!
[/quote]

forget the moon, NEM is going into deep space!
[/quote]

How about we just launch for now.
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