[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 26.

makoto1337

legendary

Activity: 1596

Merit: 1000

I am not Dorian Nakamoto.

Quote from: ?? on ??

Quote from: rockethead on June 07, 2014, 11:11:36 AM

Quote from: ?? on ??

Quote from: TauMuon on June 07, 2014, 09:55:53 AM

I don't know if other Nemsters have noticed, but I'm enjoying NEM's current independence from Bitcoin.

A large amount of the stake fees were paid in NXT.
The NEMstake tokens are issued on the NXT AE and thus are bought/sold with NXT.

I just hope it continues. If there is an alternative way of doing the upcoming auction without using the Bitcoin blockchain that'd be fantastic.

use NXT blockchain! :L

It is a good move to do that. Look at the predicament of Maidsafe and how they suffered with Mastercoin when they used Mastercoin to fund their crowdselling. They really got burned. NEM has take a different route. On the contrary, it appears NEM is doing NXT a favour. ;-)

And releasing that 1000 NEMstake is also a good move to pent up demand and size the market. Kudos!

isnt nxt also doing nem a huge favor by advertising it for nem with all the twitter accounts? by being top on AE? by showing off the AE to everyone at payexpo that will see nem trading at huge volume? nem benefits jsut as much! if not more!

There is no reason that NXT and NEM can't work together.

makoto1337

legendary

Activity: 1596

Merit: 1000

I am not Dorian Nakamoto.

Quote from: xtester on June 07, 2014, 04:06:13 AM

Ethereum co-founder Vitalik Buterin receives a 100k grant from Thiel Fellowship:

http://www.coindesk.com/peter-thiel-fellowship-ethereum-vitalik-buterin/

This is a very important move on the side of ethereum.

Would someone from NEM apply for one too, anyone from the core dev team under 20?

Nice of the NSA/establishment to support their own.

makoto1337

legendary

Activity: 1596

Merit: 1000

I am not Dorian Nakamoto.

Quote from: Eadeqa on June 07, 2014, 03:37:07 AM

Quote from: utopianfuture on June 06, 2014, 10:02:00 PM

NEM Beta will include some special features. Even NEM open Alpha will likely include special features that are not in other coin's launch. For example: NIS codes for secure messaging have been completed and just need GUI to be on Open Alpha. Secure messaging is not even in Nxt NOW 9 month after the coin launch. Talk about the difference between one system's alpha and the other system's so-call advanced stage.

So no one complains that I took a dig at Nxt ? Surprisingly ;-)

I will be happy too. "Secure" is not a correct word. You probably meant "encrypted messaging". Nxt messages are "secure" but not "encrypted" in the core. They chose to not implement encryption in Nxt core and let clients come up with their own encryption scheme. At least one client had implemented encrypted messaging 4 months ago. Of the new clients, OffSpring does it too. Wesley is planning to implement it too with his client.

"Secure" is confused usage of the word in above quote

I prefer: "pretty darn safe messaging."

ShonkJonk

newbie

Activity: 16

Merit: 0

Utopian moving it to the AE was a genius move. Ain't none coin other can fetch like NEM can.

rocker10

newbie

Activity: 39

Merit: 0

Quote from: xtester on June 08, 2014, 04:12:35 PM

Another piece of great news is that Gliss from coinmarketcap is still working to add NEM, I have just talked to him. It will take a bit more to configure what he has to but he said it's on the way.

Going on coinmarketcap will bring us a lot of exposure!

TauMuon

full member

Activity: 224

Merit: 100

NEM Enthusiast

Quote from: ?? on ??

@Simakki

they will probably go to an unclaimed funds account.. and people who havnt claimed will get a period of time to claim and if not claimed go towards development.. thats what happened with nxt.. and there was a lot of unclaimed coins.. there will be way more with nem just cos there are 3000 people...

Personally I think it'd be cool if unclaimed stakes went to charity.

Simakki

hero member

Activity: 697

Merit: 500

Quote from: ?? on ??

Quote from: EFFV on June 08, 2014, 04:52:18 PM

Quote from: ?? on ??

Quote from: jkoil on June 08, 2014, 09:26:35 AM

Quote from: EFFV on June 08, 2014, 08:58:47 AM

Some people on the asset exchange have upwards of 12 stakes. I saw multiple accounts with over 10 just scanning through. Some big holders are beginning to form.

I almost guessed that happening Undecided

i dont think it will effect nem that much.. if a whale wants a large amount of a currency.. they will usually acquire it one way or another.. whether its buying up cheap now or manipulation of the market after launch.. so it makes no odds really.. lets just hope these are the type of whales to put up bounties and give donations and fund conferences ect..

I agree, it is normal in the development of a currency... some of these large holders may even benefit the currency like you said. There were probably a couple stakeholders with 10+ sockpuppets never caught too, so I am guessing there are currently around 20 people with over 10 stakes each. I am guessing that out of these 20 one or two may have over 20 stakes. Then the devs may get around 40 stakes (not sure). However this still seems to be a great distribution with little manipulation.

-EFFV

and on top of it.. less than 500 stakes were distributed(i think) so its not like they can even buy that many with out forcing the price up.. it seems to me like they just picked up the coins that were going to be dumped anyway! these people will have much more interest in running nodes now aswell..

actually.. it would be cool if people could link nodes.. like prove to the network they own node x y z. split their total number of coins between node x y and z and then they lease forging power from node x and y to z.. z then gets the forging power of all the coins from all 3 nodes and then get a higher importance for account z for running 3 nodes at once! this would split up larger accounts into many smaller ones. and there would be waaay more nodes! probably twice or 3 times more nodes!

edit:

im 99% sure as an asset! which is better. better be top of the asset list than 20th on the coin list!

Up today i saw that just 388 stakes were claimed and im more and more convienced that it was right move to use AE. We get rid of weak hands for sure!

One question to the devs: what will happen to the stakes which are never claimed after the launch ? 'Cos someone maybe just forget the whole deal. And i mean regular stakes no tokens.

gsxrl3oi

sr. member

Activity: 315

Merit: 250

Quote from: utopianfuture on June 08, 2014, 03:07:50 PM

The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.

On behalf of the NEM dev. team.

Woooooooooooo, thank you guys. Grin

EFFV

sr. member

Activity: 278

Merit: 250

Quote from: Simakki on June 08, 2014, 04:26:18 PM

Quote from: xtester on June 08, 2014, 04:21:39 PM

Quote from: ?? on ??

Quote from: xtester on June 08, 2014, 04:12:35 PM

Another piece of great news is that Gliss from coinmarketcap is still working to add NEM, I have just talked to him. It will take a bit more to configure what he has to but he said it's on the way.

hes not just listing nem.. he is listing the whole nxt AE.. i think it would be best nem is top of nxtAE market cap page than way down bottom of coin market cap.. i think thats what he is doing anyway..

Not sure, but as long as it's up there it'll be fine.

More good news, nice!

So if he add the whole AE, NEM will be ranked first in shortly after. That should be a good puplicity for free and bring a lot newbies, whom may check it and maybe buy some.

Awesome! Will Nem be listed both on the AE list and currency?

EFFV

sr. member

Activity: 278

Merit: 250

Quote from: ?? on ??

Quote from: jkoil on June 08, 2014, 09:26:35 AM

Quote from: EFFV on June 08, 2014, 08:58:47 AM

Some people on the asset exchange have upwards of 12 stakes. I saw multiple accounts with over 10 just scanning through. Some big holders are beginning to form.

I almost guessed that happening Undecided

i dont think it will effect nem that much.. if a whale wants a large amount of a currency.. they will usually acquire it one way or another.. whether its buying up cheap now or manipulation of the market after launch.. so it makes no odds really.. lets just hope these are the type of whales to put up bounties and give donations and fund conferences ect..

I agree, it is normal in the development of a currency... some of these large holders may even benefit the currency like you said. There were probably a couple stakeholders with 10+ sockpuppets never caught too, so I am guessing there are currently around 20 people with over 10 stakes each. I am guessing that out of these 20 one or two may have over 20 stakes. Then the devs may get around 40 stakes (not sure). However this still seems to be a great distribution with little manipulation.

-EFFV

Simakki

hero member

Activity: 697

Merit: 500

Quote from: xtester on June 08, 2014, 04:21:39 PM

Quote from: ?? on ??

Quote from: xtester on June 08, 2014, 04:12:35 PM

Another piece of great news is that Gliss from coinmarketcap is still working to add NEM, I have just talked to him. It will take a bit more to configure what he has to but he said it's on the way.

hes not just listing nem.. he is listing the whole nxt AE.. i think it would be best nem is top of nxtAE market cap page than way down bottom of coin market cap.. i think thats what he is doing anyway..

Not sure, but as long as it's up there it'll be fine.

More good news, nice!

So if he add the whole AE, NEM will be ranked first in shortly after. That should be a good puplicity for free and bring a lot newbies, whom may check it and maybe buy some.

TauMuon

full member

Activity: 224

Merit: 100

NEM Enthusiast

How is this thread at close to 500 pages already?! Seems like only yesterday it hit 100! Cheesy

xtester

hero member

Activity: 840

Merit: 500

Risk taker & Black Swan farmer.

Quote from: ?? on ??

Quote from: xtester on June 08, 2014, 04:12:35 PM

Another piece of great news is that Gliss from coinmarketcap is still working to add NEM, I have just talked to him. It will take a bit more to configure what he has to but he said it's on the way.

hes not just listing nem.. he is listing the whole nxt AE.. i think it would be best nem is top of nxtAE market cap page than way down bottom of coin market cap.. i think thats what he is doing anyway..

Not sure, but as long as it's up there it'll be fine.

TauMuon

full member

Activity: 224

Merit: 100

NEM Enthusiast

Quote from: xtester on June 08, 2014, 04:12:35 PM

Another piece of great news is that Gliss from coinmarketcap is still working to add NEM, I have just talked to him. It will take a bit more to configure what he has to but he said it's on the way.

That's fantastic! I was under the impression NEM wouldn't be added because it hasn't launched yet...

xtester

hero member

Activity: 840

Merit: 500

Risk taker & Black Swan farmer.

Another piece of great news is that Gliss from coinmarketcap is still working to add NEM, I have just talked to him. It will take a bit more to configure what he has to but he said it's on the way.

Simakki

hero member

Activity: 697

Merit: 500

Quote from: Exergy on June 08, 2014, 04:05:39 PM

This is exciting. But there is no scope for others to get into the alpha? The list is already chosen?

Open alpha - everyone can participate.

Closed alpha - selected users (No need to sign up).

xtester

hero member

Activity: 840

Merit: 500

Risk taker & Black Swan farmer.

Quote from: utopianfuture on June 08, 2014, 03:07:50 PM

The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.

On behalf of the NEM dev. team.

Great news.

Steady and decisive, the snowball gets bigger and bigger.

Exergy

member

Activity: 63

Merit: 10

This is exciting. But there is no scope for others to get into the alpha? The list is already chosen?

TauMuon

full member

Activity: 224

Merit: 100

NEM Enthusiast

Quote from: utopianfuture on June 08, 2014, 03:07:50 PM

The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.

On behalf of the NEM dev. team.

Great news! I've posted it to the Reddit page. Grin

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: iruu on June 08, 2014, 03:38:58 PM

Is the account number (if nem is going to have them like nxt) generation algorithm already know?
It would be nice to publish a script and/or a website where the stakeholders could generate their account numbers and then register their stake to them, probably by pm.

I know there are NXT AE's stake assets, but they have a limited validity period.

Open Alpha is in testnet with monopoly money. So no claim of stakes just yet. That has to wait for a while more.

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 26. (Read 661498 times)