Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 252. (Read 661498 times)

Development update:

The development contract announcement will be delayed. My plan is to have the announcement when we have a clear road map of NEM development going forward and preferably within 1-2 weeks of the alpha launch. Unfortunately, at this point we don't have an ETA for the alpha launch yet and consequently, the formal announcement is delayed. My guesstimate of the Alpha is still on later part of April but there are quite a few things that needs to be worked on before we can make a solid ETA.

We currently have two repo, one for NEM infrastructure codes and one for NEM client codes and quite a few other concurrent projects going on. Progress is made on daily basis and team-quality wise I think we are as strong as Ethereum group except that NEM team and development are still in a stealthy mode.

NEM client would be called NEM community client (NCC) and here is NCC specification written by Thies1965. Feel free to comment on it.

https://docs.google.com/document/d/10ZVrzuS_krjRF5rMvt5oKl3IS3VOhF_qnn2faZb7KZQ/edit

These are some mock-up design of NCC

https://drive.google.com/folderview?id=0B9jSTPeGZxgtTjVncFlmMmJ6LW8&usp=sharing

I hope you like what NCC will look like in the future. Let me know if you are a developer and interested in working on expanding NEM ecosystem. I have some ideas about the future direction of NEM that I could share and I am very excited about it. Thanks.    

But think about it pat, the average user doesn't care about source code. Just look at the post two spots before this one. Don't you think there are some pros in Nem taking its time in releasing its source code?

Especially if we're honest about not releasing it soon. I feel most people would understand and appreciate the reason. Though it can attract trolls. But I just think the reputation of people behind Nem speaks for itself.

We already have at the very least over 1,500 stake holders, which is different than if we didn't have any and were trying to attract people.

People on the outside will focus on the community and the activity much more than a released a source code. They're not going to go, "This coin looks legit, there's a lot of action going on around it, but I won't join in because they haven't released the source code."

My point basically is that they're not going to care, and seeing 21+ new shitcoins released every week destroying cryptos really worries me. The greed, they saw what happened with Aurora and then and now we have countless country and city coins. Everything just gets copied and diluted.

Bitcoin had the advantage of years without competition. I would love if Nem has some time to establish itself.

This coin has a great potential, and as a stakeholder, I am following the developments very closely and will soon start helping out the best I can. Please drop the idea of cancelling stakeholders who have posted only once.

There has been a discussion about this and I'm not sure it's over yet. However I don't think keeping things closed source after the launch is a good idea. It has caused NXT a shitstorm and a bad perception. Look at all the clones that are trying to clone NXT. Has even 1 got a blockchian out ? It's just not that easy to clone a 2nd gen crypto

When the hell is this coin gonna be released?

What are we going to do about cloners who would try to "release" clones even before beta tests are over?

I suggest keep the code obfuscated, at least enough time for Nem to establish itself.  Something like 6 months. Perhaps release the full source code in January 2015

when can we get our shares?

any idea when that is due?

Re: Proposal from a macroeconomist for an optimal crypto-currency
Today at 12:10:22 PM
 #37
Quote from: zeronominal

"There seem to be two proposals, neither of which seem like particularly good ideas:

1) Proposal for hybrid POS/PON: Non-linear proof of stake rewards. Rewards are effectively per account up to a threshold. Seems ripe for exploitation by botnets.
2) Proposal for POI: Seems to be the Google Page Rank algorithm (i.e. Principal Components) with transactions replacing links between webpages, and the sum of coin ages replacing the content quality measure (i.e. the prior distribution over nodes). Seems equally vulnerable to exploitation by botnets. (Suppose there are N legitimate nodes, all trading, N botnet nodes, not trading, and 1 master node for the botnet. The botnet nodes have arbitrarily old coins so receive substantial weight, despite their lack of any trading except with the master. All of this weight then flows to the 1 master node for the botnet, who must then get the highest "PageRank" in the network.) In any case, rewarding old coins is the opposite of what you want to do. The existence of old coins implies that the currency isn't actually being used! By rewarding old coins you're effectively taxing transactions, which imposes a large efficiency cost."

Hmm, could our dev take a look at this subject?

"The period from 15 to 29 April is the most tense and dangerous time of 2014 year. This time, the impact retrograde Mars and two eclipses of the moon, which will follow on 15 April at 10:42 a.m. Kyiv time and will last 4 hours, and solar - its beginning April 29 at 9:14, it will last three hours.
<...>
The "corridor of eclipses" factor fatality increases: our actions and deeds will have a crucial influence on the subsequent 18 years of life. All events that happen in the "corridor eclipses", cannot be changed. This time manifestations of Destiny when everyone gets what it deserves."

I think this factor (Eclipse) should be taken into account when running the alpha version. Or accentuate all the advantages of the NEM in this period, or leave for 10-15 days running the alpha version.

I was one of those people who only posted once.  I know someone who acquired a NEM stake (initially had no clue she had some) and as far as I know she only has the one NEM stake and is more inactive than me.

Inactive being a weird word - both of us lurk and keep well informed about the coin, we just don't login or post much (there's really no point of either).

In my group of friends and acquittance of work, I know several people who missed the registration period but intend to purchase NEM at launch (these same people wanted nothing to do with NxT or Mastercoin).  There's definitely a lot of enthusiasm about NEM - one of the few IPOs out there that was fair, well distributed (3000 being better than 30 or 3 people as per most coins) and it wasn't a big ponzi scheme (I'm reminded of how Mastercoin was ecstatic about the huge amounts it raised but failed to realize that made it look shady to subsequent investors).

I saw the list and there is a group which is accounts which has just posted once for the stake and has not been used. Those stakes can be recycled for newer members.

This coin has a great potential, and as a stakeholder, I am following the developments very closely and will soon start helping out the best I can. Please drop the idea of cancelling stakeholders who have posted only once.

I saw the list and there is a group which is accounts which has just posted once for the stake and has not been used. Those stakes can be recycled for newer members.

Ah now i get what you want

any idea when that is due?