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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 288. (Read 661499 times)

newbie
Activity: 8
Merit: 0
I was just mulling through some ideas in my head about NEM. Nothing really vastly important, just things to consider:
  • Openness and transparency are both key factors in developing and maintaining trust with current users and new users alike. Therefore a page on the NEM website listing all the developers and their roles, along with their contact details and perhaps (although not vital, for privacy reasons) a picture too.
  • Now, a lot of you are aware of the recent alt-coin boom, along with the strange KLONE project which plans to clone NEM as soon as NEM's source is released. For this reason, I think it may be wise to withhold releasing the source code for a month or two after release. If this is going to be the case then it is of high importance that (a) it's made completely obvious why the source is being withheld, and (b) when it will be released (perhaps with a big countdown on the website?). If both of these points are followed, then no on can accuse NEM of shady practice.
  • In order to explain NEM to newbies, a host of media must be availble to them: Simplistic videos (<3 minutes, animation, easy to follow etc.), infographics favourably comparing NEM to BTC, professionally made video/text tutorials for installing and using the NEM client etc.

Can't talk for anyone else but I wouldn't want my contact details and sure as frack my picture on the site. If anyone wants to contact the devs theres this thread, the official forum which will hopefully flurish once the launch is over and this thread can be closed and there's the trello board. Alist of all the core devs could be nice though.

I'm only a little worried about clones. Mainly because to my knowledge there is still no NXT clone that has managed to put up a blockchain. Also NEM has some very new and complex features (just like NXT does) that will take time to get to know. E.g POI and the Eigentrust++ algo used for peer-trust isn't something you implement in a day or two. I think people will hesitate to simply clone something they don't  know or understand. I'm not saying these things are so complex only our devs can ever understand them I'm saying they are relatively new in the crypto scene and will therefore be watched first. Also I'm impressed with how professional the people that are working on this project are. I think this is something not every crypto has and it will set us a side from every half ass clone project.

I think a host of media will be available plus a big community willing to answer all possible questions Wink

By contact details, I meant things like Bitcointalk link, dedicated email, other forums links etc. not your home address or personal email or anything like that! Smiley
hero member
Activity: 980
Merit: 1001
I feel like I'm spamming quite a bit, so this is my last post!

I understand the size of the stake we'll each get is governed by the following formula:

Code:
Amount of NEM per stakeholder = (4e9-[development stakes]) / No. of stakeholders

What is the amount of NEM devoted to the development stakes?

If all goes well there will be a detailed announcement regarding this and other stuff this weekend.
newbie
Activity: 8
Merit: 0
I feel like I'm spamming quite a bit, so this is my last post!

I understand the size of the stake we'll each get is governed by the following formula:

Code:
Amount of NEM per stakeholder = (4e9-[development stakes]) / No. of stakeholders

What is the amount of NEM devoted to the development stakes?
newbie
Activity: 8
Merit: 0
NEM, the first cryptocurrency sent using a smartwatch.

A future headline? I just read that Google has come out with Android Wear, a Android operating system for smartwatches. Smartphones, smartwatches and smart wearables are the future. The wallet can be unlocked with its internal password safe or with facial recognition (PCA, Eigenface, neural net) or with a NFC ring. The camera will read the NEM address from a QR code and the amount can be entered through its touchscreen keyboard (10-key, minuum.com etc... ).

Is it difficult to get a basic NEM wallet running on a smartwatch?
 


LOL who owns a smartwatch?!

Lol. Quite. The Samsung Gear looks like absolute trash. I guess we'd better wait till Apple release one, no doubt they'll set the standard. (cue the Apple hate haha..)
newbie
Activity: 8
Merit: 0
Any updates?

Check the first page of the thread, major updates are posted there. There's also the promotion board (linked on the first post), which is a hive of activity on the development side of things.
newbie
Activity: 8
Merit: 0
I was just mulling through some ideas in my head about NEM. Nothing really vastly important, just things to consider:
  • Openness and transparency are both key factors in developing and maintaining trust with current users and new users alike. Therefore a page on the NEM website listing all the developers and their roles, along with their contact details and perhaps (although not vital, for privacy reasons) a picture too.
  • Now, a lot of you are aware of the recent alt-coin boom, along with the strange KLONE project which plans to clone NEM as soon as NEM's source is released. For this reason, I think it may be wise to withhold releasing the source code for a month or two after release. If this is going to be the case then it is of high importance that (a) it's made completely obvious why the source is being withheld, and (b) when it will be released (perhaps with a big countdown on the website?). If both of these points are followed, then no on can accuse NEM of shady practice.
  • In order to explain NEM to newbies, a host of media must be availble to them: Simplistic videos (<3 minutes, animation, easy to follow etc.), infographics favourably comparing NEM to BTC, professionally made video/text tutorials for installing and using the NEM client etc.
newbie
Activity: 13
Merit: 0
member
Activity: 63
Merit: 10
All the altcoins are kind of turning me off to cryptos. I mean, last week there were 22 coins launched in six days, and so far 15 for this week. (Look at the calendar for last week http://www.altcoincalendar.info/calendar) Nothing new, all design to make the developers some quick cash. The only innovations are the names, and a story or gimmick behind the coin.

For example, off the top my head, I'll come up with a name for a coin, and a story behind it.

DiabetesCoin. DiabetesCoin is meant to help the millions of people in the world who suffer from diabetes. This coin will make it easier for them to purchase medicine, etc, etc, etc.

Or like this coin named HooliganPound, (https://bitcointalksearch.org/topic/pre-ann-hop-hooliganpound-first-shitcoin-to-get-beat-up-coin2-512033) designed to make the crypto world better by kicking out all the other shit coins.

I mean. That's why I think it might be a little better if we don't release the source code for Nem until it secures features and services. (For example, maybe a subcription website that only accepts Nem.) If only there was some way for people to trust that the people behind Nem are not up to no good. But that's just my little opinion. This post is mainly complaining about all these new alt coins.

One more point. I mined an alt coin and sent it to cryptsy the other day. And I was absolutely shocked when by chance I looked at my balance page two minutes later and the coin had already posted. It felt like an extremely convenient moment. So even though this was a shit coin, it felt a hundred times more convenient than Bitcoin, which takes an eternity to post.

So even though this shit coin just felt better than Bitcoin, Bitcoin is solidly at the top, and won't go anywhere anytime soon, because it's established with so much services behind it. So do consider holding back on releasing the source code for Nem, before making a good effort in establishing it. Else the clones might make it just another coin.
Some rule etched on a stone tablet dated 0000 states "Thou shalt not keep thy code secret "
hero member
Activity: 697
Merit: 500
I was thinking how we could exploit better that NEM community.  I came up with idea similar than ongoing logo competition, but instead logos people can contribute to community via making different kind of marketing tasks. Ads, banners, t-shirt design etc. And only the best ideas will be granted somehow.

I'm pretty sure that people will come with great ideas and in any case, whether these materials will ever used, it will rise awareness about NEM.
newbie
Activity: 16
Merit: 0
NEM will succeed because its trying to create a currency that has use upon its launch and a good community of people backing it. However I feel we as a community still need to be more active in helping NEM create a ecosystem for it to flourish.

I urge all stakeholders to be more active and join NEM promotion board in trello and think of ways to help NEM become useful as a currency, to think of ways to promote awareness of NEM and participate in NEM initiatives.

Please dont expect the value of NEM to rise without any effort on our part, just think how good it will feel if you played a part in creating NEM when  it turns into a huge success.
my view as a humble stakeholder.  Smiley
+1  Cheesy
I support

That's true ! i agree
full member
Activity: 142
Merit: 100
NEM will succeed because its trying to create a currency that has use upon its launch and a good community of people backing it. However I feel we as a community still need to be more active in helping NEM create a ecosystem for it to flourish.

I urge all stakeholders to be more active and join NEM promotion board in trello and think of ways to help NEM become useful as a currency, to think of ways to promote awareness of NEM and participate in NEM initiatives.

Please dont expect the value of NEM to rise without any effort on our part, just think how good it will feel if you played a part in creating NEM when  it turns into a huge success.
my view as a humble stakeholder.  Smiley
+1  Cheesy
I support
sr. member
Activity: 420
Merit: 250
NEM will succeed because its trying to create a currency that has use upon its launch and a good community of people backing it. However I feel we as a community still need to be more active in helping NEM create a ecosystem for it to flourish.

I urge all stakeholders to be more active and join NEM promotion board in trello and think of ways to help NEM become useful as a currency, to think of ways to promote awareness of NEM and participate in NEM initiatives.

Please dont expect the value of NEM to rise without any effort on our part, just think how good it will feel if you played a part in creating NEM when  it turns into a huge success.
my view as a humble stakeholder.  Smiley
full member
Activity: 210
Merit: 100
All the altcoins are kind of turning me off to cryptos. I mean, last week there were 22 coins launched in six days, and so far 15 for this week. (Look at the calendar for last week http://www.altcoincalendar.info/calendar) Nothing new, all design to make the developers some quick cash. The only innovations are the names, and a story or gimmick behind the coin.

For example, off the top my head, I'll come up with a name for a coin, and a story behind it.

DiabetesCoin. DiabetesCoin is meant to help the millions of people in the world who suffer from diabetes. This coin will make it easier for them to purchase medicine, etc, etc, etc.

Or like this coin named HooliganPound, (https://bitcointalksearch.org/topic/pre-ann-hop-hooliganpound-first-shitcoin-to-get-beat-up-coin2-512033) designed to make the crypto world better by kicking out all the other shit coins.

I mean. That's why I think it might be a little better if we don't release the source code for Nem until it secures features and services. (For example, maybe a subcription website that only accepts Nem.) If only there was some way for people to trust that the people behind Nem are not up to no good. But that's just my little opinion. This post is mainly complaining about all these new alt coins.

One more point. I mined an alt coin and sent it to cryptsy the other day. And I was absolutely shocked when by chance I looked at my balance page two minutes later and the coin had already posted. It felt like an extremely convenient moment. So even though this was a shit coin, it felt a hundred times more convenient than Bitcoin, which takes an eternity to post.

So even though this shit coin just felt better than Bitcoin, Bitcoin is solidly at the top, and won't go anywhere anytime soon, because it's established with so much services behind it. So do consider holding back on releasing the source code for Nem, before making a good effort in establishing it. Else the clones might make it just another coin.

All those coins are trash, I wont buy any. NEM is unique with the most of individuals support, great Devs and many new functions. It should be a very successful coin.

Nems uniqueness is not going to help it when it comes to people who have never heard of any other coin besides Bitcoin.

People who haven't heard of any coins except Bitcoin are probably not going to be a problem. if NEM is the second thing they hear about and it's better than BTC (hard to deny that imho) then they'll like NEM Smiley

The problem is that by the time they hear about Nem it might not be unique anymore, due to all the Nem clones using Nems source code. Bitcoin had years to establish itself before people started creating alt coins, and I think it would be good not to release the source code and build trust another way, before get rich quick developers start using its source and continuing this mess that crypto is becoming.
full member
Activity: 210
Merit: 100
The new "mode" on crypto coins
Create a crap coin, connect it with some city or country (SpainCoin, Auroracoin), premine some coins for your target and launch it!

One last example: https://bitcointalk.org/index.php?topic=518669.0;topicseen

imo, this is though to create the illusion of distribution and a potential market to use it. That's what I am confident in NEM.

 


Good example right there. Someone creates a coin with the source that's used by hundreds of other coins. This coin works just like those hundreds of other coins, and could have an infinite amount of names to choose from. The developer decides to name it HongKongcoin, and now it has an insane hash rate because even though it has nothing to do with Hong Kong the country, the developer named it KongKongcoin.
hero member
Activity: 980
Merit: 1001
All the altcoins are kind of turning me off to cryptos. I mean, last week there were 22 coins launched in six days, and so far 15 for this week. (Look at the calendar for last week http://www.altcoincalendar.info/calendar) Nothing new, all design to make the developers some quick cash. The only innovations are the names, and a story or gimmick behind the coin.

For example, off the top my head, I'll come up with a name for a coin, and a story behind it.

DiabetesCoin. DiabetesCoin is meant to help the millions of people in the world who suffer from diabetes. This coin will make it easier for them to purchase medicine, etc, etc, etc.

Or like this coin named HooliganPound, (https://bitcointalksearch.org/topic/pre-ann-hop-hooliganpound-first-shitcoin-to-get-beat-up-coin2-512033) designed to make the crypto world better by kicking out all the other shit coins.

I mean. That's why I think it might be a little better if we don't release the source code for Nem until it secures features and services. (For example, maybe a subcription website that only accepts Nem.) If only there was some way for people to trust that the people behind Nem are not up to no good. But that's just my little opinion. This post is mainly complaining about all these new alt coins.

One more point. I mined an alt coin and sent it to cryptsy the other day. And I was absolutely shocked when by chance I looked at my balance page two minutes later and the coin had already posted. It felt like an extremely convenient moment. So even though this was a shit coin, it felt a hundred times more convenient than Bitcoin, which takes an eternity to post.

So even though this shit coin just felt better than Bitcoin, Bitcoin is solidly at the top, and won't go anywhere anytime soon, because it's established with so much services behind it. So do consider holding back on releasing the source code for Nem, before making a good effort in establishing it. Else the clones might make it just another coin.

All those coins are trash, I wont buy any. NEM is unique with the most of individuals support, great Devs and many new functions. It should be a very successful coin.

Nems uniqueness is not going to help it when it comes to people who have never heard of any other coin besides Bitcoin.

People who haven't heard of any coins except Bitcoin are probably not going to be a problem. if NEM is the second thing they hear about and it's better than BTC (hard to deny that imho) then they'll like NEM Smiley
full member
Activity: 210
Merit: 100
All the altcoins are kind of turning me off to cryptos. I mean, last week there were 22 coins launched in six days, and so far 15 for this week. (Look at the calendar for last week http://www.altcoincalendar.info/calendar) Nothing new, all design to make the developers some quick cash. The only innovations are the names, and a story or gimmick behind the coin.

For example, off the top my head, I'll come up with a name for a coin, and a story behind it.

DiabetesCoin. DiabetesCoin is meant to help the millions of people in the world who suffer from diabetes. This coin will make it easier for them to purchase medicine, etc, etc, etc.

Or like this coin named HooliganPound, (https://bitcointalksearch.org/topic/pre-ann-hop-hooliganpound-first-shitcoin-to-get-beat-up-coin2-512033) designed to make the crypto world better by kicking out all the other shit coins.

I mean. That's why I think it might be a little better if we don't release the source code for Nem until it secures features and services. (For example, maybe a subcription website that only accepts Nem.) If only there was some way for people to trust that the people behind Nem are not up to no good. But that's just my little opinion. This post is mainly complaining about all these new alt coins.

One more point. I mined an alt coin and sent it to cryptsy the other day. And I was absolutely shocked when by chance I looked at my balance page two minutes later and the coin had already posted. It felt like an extremely convenient moment. So even though this was a shit coin, it felt a hundred times more convenient than Bitcoin, which takes an eternity to post.

So even though this shit coin just felt better than Bitcoin, Bitcoin is solidly at the top, and won't go anywhere anytime soon, because it's established with so much services behind it. So do consider holding back on releasing the source code for Nem, before making a good effort in establishing it. Else the clones might make it just another coin.

All those coins are trash, I wont buy any. NEM is unique with the most of individuals support, great Devs and many new functions. It should be a very successful coin.

Nems uniqueness is not going to help it when it comes to people who have never heard of any other coin besides Bitcoin.
member
Activity: 94
Merit: 10
The new "mode" on crypto coins
Create a crap coin, connect it with some city or country (SpainCoin, Auroracoin), premine some coins for your target and launch it!

One last example: https://bitcointalk.org/index.php?topic=518669.0;topicseen

imo, this is though to create the illusion of distribution and a potential market to use it. That's what I am confident in NEM.

 
newbie
Activity: 29
Merit: 0
All the altcoins are kind of turning me off to cryptos. I mean, last week there were 22 coins launched in six days, and so far 15 for this week. (Look at the calendar for last week http://www.altcoincalendar.info/calendar) Nothing new, all design to make the developers some quick cash. The only innovations are the names, and a story or gimmick behind the coin.

For example, off the top my head, I'll come up with a name for a coin, and a story behind it.

DiabetesCoin. DiabetesCoin is meant to help the millions of people in the world who suffer from diabetes. This coin will make it easier for them to purchase medicine, etc, etc, etc.

Or like this coin named HooliganPound, (https://bitcointalksearch.org/topic/pre-ann-hop-hooliganpound-first-shitcoin-to-get-beat-up-coin2-512033) designed to make the crypto world better by kicking out all the other shit coins.

I mean. That's why I think it might be a little better if we don't release the source code for Nem until it secures features and services. (For example, maybe a subcription website that only accepts Nem.) If only there was some way for people to trust that the people behind Nem are not up to no good. But that's just my little opinion. This post is mainly complaining about all these new alt coins.

One more point. I mined an alt coin and sent it to cryptsy the other day. And I was absolutely shocked when by chance I looked at my balance page two minutes later and the coin had already posted. It felt like an extremely convenient moment. So even though this was a shit coin, it felt a hundred times more convenient than Bitcoin, which takes an eternity to post.

So even though this shit coin just felt better than Bitcoin, Bitcoin is solidly at the top, and won't go anywhere anytime soon, because it's established with so much services behind it. So do consider holding back on releasing the source code for Nem, before making a good effort in establishing it. Else the clones might make it just another coin.

All those coins are trash, I wont buy any. NEM is unique with the most of individuals support, great Devs and many new functions. It should be a very successful coin.
full member
Activity: 210
Merit: 100
All the altcoins are kind of turning me off to cryptos. I mean, last week there were 22 coins launched in six days, and so far 15 for this week. (Look at the calendar for last week http://www.altcoincalendar.info/calendar) Nothing new, all design to make the developers some quick cash. The only innovations are the names, and a story or gimmick behind the coin.

For example, off the top my head, I'll come up with a name for a coin, and a story behind it.

DiabetesCoin. DiabetesCoin is meant to help the millions of people in the world who suffer from diabetes. This coin will make it easier for them to purchase medicine, etc, etc, etc.

Or like this coin named HooliganPound, (https://bitcointalksearch.org/topic/pre-ann-hop-hooliganpound-first-shitcoin-to-get-beat-up-coin2-512033) designed to make the crypto world better by kicking out all the other shit coins.

I mean. That's why I think it might be a little better if we don't release the source code for Nem until it secures features and services. (For example, maybe a subcription website that only accepts Nem.) If only there was some way for people to trust that the people behind Nem are not up to no good. But that's just my little opinion. This post is mainly complaining about all these new alt coins.

One more point. I mined an alt coin and sent it to cryptsy the other day. And I was absolutely shocked when by chance I looked at my balance page two minutes later and the coin had already posted. It felt like an extremely convenient moment. So even though this was a shit coin, it felt a hundred times more convenient than Bitcoin, which takes an eternity to post.

So even though this shit coin just felt better than Bitcoin, Bitcoin is solidly at the top, and won't go anywhere anytime soon, because it's established with so much services behind it. So do consider holding back on releasing the source code for Nem, before making a good effort in establishing it. Else the clones might make it just another coin.
hero member
Activity: 980
Merit: 1001
As I said in the past, the fund raising period  was more like a "call for participation" or if you take an investor's POV, the fee sent in is more like a reservation fee. As it is written in the disclaimer "No contractual promise is made to anyone" and it is indeed the case until the Development Contract Announcement.

Can you clarify what you mean by this? Are you saying we may have to pay an additional amount for our stake, and we don't really own anything at this point?

Nope - That's not what he is saying at all. What he's saying (UP plz correct me if I'm wrong) is that NEM is supposed to be a movement. An ideal stakehodler is someone that doesn't just sit on his NEM. Stakeholders are supposed to do as much as they can to help NEM. Talk to merchants, promote, develop etc. etc.
If you tried to play that movement you'll be refunded at get nothing.

Allthough it's true that you don't own any NEMs right now. Noone does because they don't exist yet Wink
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