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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 27. (Read 661498 times)

full member
Activity: 148
Merit: 100
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.
full member
Activity: 224
Merit: 100
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.


Jupiiiii  Grin
hero member
Activity: 697
Merit: 500
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.


woohoo!!!



Yeaah baaabyyy! Great news devs, the dont just talk, they deliver Cool
hero member
Activity: 756
Merit: 506
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.


 Grin
sr. member
Activity: 602
Merit: 268
Internet of Value
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.
newbie
Activity: 40
Merit: 0
How much is a NEM stake right now? Converted to BTC

Roughly 1 NEM stake = 1.8 BTC as of right now, but it's fluctuating every hour of course.  

Since the NXT AE launch it hit a high of 5 BTC and a low of 1.3 BTC roughly if my calculations are correct.
full member
Activity: 224
Merit: 100
NEM Enthusiast
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
How much is a NEM stake right now? Converted to BTC

I'm not sure about the price this minute but it's been hovering above and below 3 BTC recently.
full member
Activity: 224
Merit: 100
NEM Enthusiast
Any new Nemsters with questions, make sure you check out the F.A.Q. thread I wrote. A lot of commonly-requested information is in there!
hero member
Activity: 687
Merit: 500
I read this about another coin. "The transactions in a block are hashed in a Merkle root tree unlike Nxt which just hashed the concatenation.  The Merkle root is resistive to quantum cryptography attacks and allows for SPV based clients to be implemented."

In the future if a quantum computer is possible, will NEM have any resistance to a quantum cryptography attack?

Nope.
sr. member
Activity: 420
Merit: 250
Bayern
How much is a NEM stake right now? Converted to BTC
full member
Activity: 224
Merit: 100
NEM Enthusiast
on the stakeholder list i see some names have tx id and some have other numbers beside them?

I first thought these were the tx of the btc and nxt fees for getting on the shareholder list

However i now notice some of the early numbers have tx id and not the later numbers?  this is strange because the first few pages were free so should not have a tx id next to them, and the later ones should have a tx next to them but don't?

You're right about the TX ID differences. If people sent BTC for a stake, the TX IDs are strings of letters and numbers. If people sent NXT for a stake, the TX IDs were strings of numbers only, which are shorted automatically by Google Docs to standard form.

People could obtain stakes by making logos/videos and writing articles without paying a fee, so these people naturally wouldn't have a transaction ID associated with their name because they didn't send anything.
full member
Activity: 224
Merit: 100
NEM Enthusiast
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.

This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding.

Can someone who's more well informed verify that this is in fact the case.  Thanks in advance and dev's keep up the great work!

Well, two stakes per NXT account, but that's easily avoidable. Just makes it more difficult for the whales to cash out their NEM.

Well that's a big difference. At least there's some effort to try avoid this type of hoarding, but I understand that it would basically be impossible to avoid this type of action on an AE, it's simply human nature.  

Anyone know how many of the 1000 tokens have been issued? Also does anyone know how long the NXT AE runs for?  

I'll be interested to see how the public auction works out on the Bitcoin blockchain.


As of today, 388 people have requested a token (source).

For your second question, Check out this thread.

Quote
8. NEMstake tokens will expire and has no more conversion power after the completion of V1 blockchain (about 2 months after the official launch). All NEMstake tokens will be destroyed by sending them back to Nxt genesis block.

So the tokens will be valid until September/October time.


Awesome thanks for your help!

Any idea when the public auction will happen or it's still yet to be determined at this point?

No problem.

The auctioning off of 156 stakes made available from the removal of sockpuppets will happen during the alpha to avoid scam accusations. More information in this post.

Considering the alpha has no ETA just yet, the date for the public auction is undetermined.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
on the stakeholder list i see some names have tx id and some have other numbers beside them?

I first thought these were the tx of the btc and nxt fees for getting on the shareholder list

However i now notice some of the early numbers have tx id and not the later numbers?  this is strange because the first few pages were free so should not have a tx id next to them, and the later ones should have a tx next to them but don't?
newbie
Activity: 40
Merit: 0
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.

This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding.

Can someone who's more well informed verify that this is in fact the case.  Thanks in advance and dev's keep up the great work!

Well, two stakes per NXT account, but that's easily avoidable. Just makes it more difficult for the whales to cash out their NEM.

Well that's a big difference. At least there's some effort to try avoid this type of hoarding, but I understand that it would basically be impossible to avoid this type of action on an AE, it's simply human nature.  

Anyone know how many of the 1000 tokens have been issued? Also does anyone know how long the NXT AE runs for?  

I'll be interested to see how the public auction works out on the Bitcoin blockchain.


As of today, 388 people have requested a token (source).

For your second question, Check out this thread.

Quote
8. NEMstake tokens will expire and has no more conversion power after the completion of V1 blockchain (about 2 months after the official launch). All NEMstake tokens will be destroyed by sending them back to Nxt genesis block.

So the tokens will be valid until September/October time.


Awesome thanks for your help!

Any idea when the public auction will happen or it's still yet to be determined at this point?
full member
Activity: 224
Merit: 100
NEM Enthusiast
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.

This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding.

Can someone who's more well informed verify that this is in fact the case.  Thanks in advance and dev's keep up the great work!

Well, two stakes per NXT account, but that's easily avoidable. Just makes it more difficult for the whales to cash out their NEM.

Two stakes was pretty pointless rule introduced, as not only it's easy to create more Nxt account, but there is no way you can ever stop any whale from buying large amount of nem, even after it's officially released.

It's more about sending an anti-sockpuppet message than being a practical preventative measure. 
full member
Activity: 224
Merit: 100
NEM Enthusiast
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.

This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding.

Can someone who's more well informed verify that this is in fact the case.  Thanks in advance and dev's keep up the great work!

Well, two stakes per NXT account, but that's easily avoidable. Just makes it more difficult for the whales to cash out their NEM.

Well that's a big difference. At least there's some effort to try avoid this type of hoarding, but I understand that it would basically be impossible to avoid this type of action on an AE, it's simply human nature.  

Anyone know how many of the 1000 tokens have been issued? Also does anyone know how long the NXT AE runs for?  

I'll be interested to see how the public auction works out on the Bitcoin blockchain.


As of today, 388 people have requested a token (source).

For your second question, Check out this thread.

Quote
8. NEMstake tokens will expire and has no more conversion power after the completion of V1 blockchain (about 2 months after the official launch). All NEMstake tokens will be destroyed by sending them back to Nxt genesis block.

So the tokens will be valid until September/October time.
newbie
Activity: 40
Merit: 0
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.

This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding.

Can someone who's more well informed verify that this is in fact the case.  Thanks in advance and dev's keep up the great work!

Well, two stakes per NXT account, but that's easily avoidable. Just makes it more difficult for the whales to cash out their NEM.

Well that's a big difference. At least there's some effort to try avoid this type of hoarding, but I understand that it would basically be impossible to avoid this type of action on an AE, it's simply human nature.   

Anyone know how many of the 1000 tokens have been issued? Also does anyone know how long the NXT AE runs for?   

I'll be interested to see how the public auction works out on the Bitcoin blockchain.
hero member
Activity: 644
Merit: 500
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.

This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding.

Can someone who's more well informed verify that this is in fact the case.  Thanks in advance and dev's keep up the great work!

Well, two stakes per NXT account, but that's easily avoidable. Just makes it more difficult for the whales to cash out their NEM.

Two stakes was pretty pointless rule introduced, as not only it's easy to create more Nxt account, but there is no way you can ever stop any whale from buying large amount of nem, even after it's officially released.
full member
Activity: 224
Merit: 100
NEM Enthusiast
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.

This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding.

Can someone who's more well informed verify that this is in fact the case.  Thanks in advance and dev's keep up the great work!

Well, two stakes per NXT account, but that's easily avoidable. Just makes it more difficult for the whales to cash out their NEM.
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