[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 351.

ashapasa

sr. member

Activity: 420

Merit: 250

Quote from: patmast3r on February 24, 2014, 09:23:38 AM

Quote from: ashapasa on February 24, 2014, 09:14:27 AM

Another question?

If a person has 20 stakes, do we intend ti refund them completely ( not fair) or bring it down to an accetable level ( what ever that is)?

Yes afaik we intend to refund them completely anything else would be pretty much stealing. The deal was:

Quote

However accumulating many NEM stakes goes against NEM's principles of fairness and equality, therefore the development team reserves the right to refund you the money if an effort to unfairly accumulate NEM stakes is discovered.

Would it not be more compassionate to let them keep one stake at least. If person A has 10 stakes and if person B has 11 , is it right for person A to keep 10 and person B to have none.

ashapasa

sr. member

Activity: 420

Merit: 250

Quote from: SZZT on February 24, 2014, 09:16:11 AM

Quote from: ashapasa on February 24, 2014, 09:14:27 AM

Another question?

If a person has 20 stakes, do we intend ti refund them completely ( not fair) or bring it down to an accetable level ( what ever that is)?

How many do you have?

I have two ( bought one for my brother) check it if you must

. How many do u have Grin

. Why is this pricking u so much.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: ashapasa on February 24, 2014, 09:14:27 AM

Another question?

If a person has 20 stakes, do we intend ti refund them completely ( not fair) or bring it down to an accetable level ( what ever that is)?

Yes afaik we intend to refund them completely anything else would be pretty much stealing. The deal was:

Quote

However accumulating many NEM stakes goes against NEM's principles of fairness and equality, therefore the development team reserves the right to refund you the money if an effort to unfairly accumulate NEM stakes is discovered.

ashapasa

sr. member

Activity: 420

Merit: 250

Quote from: SZZT on February 24, 2014, 09:13:34 AM

Quote from: ashapasa on February 24, 2014, 09:07:04 AM

" the big elephant in the room"

There is no elephant, the announcement was clear.
Everyone will have the option, many will try, some will succeed, others will fail.

Start reading the thread from the beginning, and all the threads that are a set with this.
On every page, there is someone who thinks he did not get enough.

"One free stake is not enough for me, if others have more than one" is what you read most.
"Kick the troll out" is the second shout.

You all came to ask for free coins, in a "No Envy" movement, but it did not take long for envy to creep in, did it?

-EDIT ->
Multi buy ins with more than two stakes should be labeled donations. Conning is not accepted, no matter how someone calls it.

Sorry if I offended u in any way? u seem to be angry, its not my intention. Its not envy, I want NEM to be a success. I dont care about your particular stake , more people will increase the likelihood of NEM being more successful. A million coin is more than enough for me if it actually becomes successful.

SZZT

sr. member

Activity: 273

Merit: 250

Quote from: ashapasa on February 24, 2014, 09:14:27 AM

Another question?

If a person has 20 stakes, do we intend ti refund them completely ( not fair) or bring it down to an accetable level ( what ever that is)?

How many do you have?

ashapasa

sr. member

Activity: 420

Merit: 250

Another question?

If a person has 20 stakes, do we intend ti refund them completely ( not fair) or bring it down to an accetable level ( what ever that is)?

SZZT

sr. member

Activity: 273

Merit: 250

Quote from: ashapasa on February 24, 2014, 09:07:04 AM

" the big elephant in the room"

There is no elephant, the announcement was clear.
Everyone will have the option, many will try, some will succeed, others will fail.

Start reading the thread from the beginning, and all the threads that are a set with this.
On every page, there is someone who thinks he did not get enough.

"One free stake is not enough for me, if others have more than one" is what you read most.
"Kick the troll out" is the second shout.

You all came to ask for free coins, in a "No Envy" movement, but it did not take long for envy to creep in, did it?

-EDIT ->
Multi buy ins with more than two stakes should be labeled donations. Conning is not accepted, no matter how someone calls it.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: ashapasa on February 24, 2014, 09:07:04 AM

Quote from: patmast3r on February 24, 2014, 08:37:42 AM

Quote from: ashapasa on February 24, 2014, 08:25:24 AM

Quote from: patmast3r on February 24, 2014, 08:14:00 AM

Quote from: ashapasa on February 24, 2014, 08:07:55 AM

I think a final stakeholders list is set to be released soon.

That's right. It'll be final but only until we start with the public auditing which will again alter the list by refunding big multi-accers and whoever wants out now that NEM becomes something more than was anticipated at the beginning.

What do u mean by public auditing whats the difference ?

We'll try to weed out big multi-accounters. It was said in the beginning that everyone is welcome to buy multiple stakes with multiples accounts so everyone can bring in friends and so on. However we don't want peole to buy 20 or more stakes for themselves which seems to have happend.

Hate to bring this up? but its " the big elephant in the room" how do we decide its ok to have 10 accounts but not 20 ? This question will be asked many times, once multi-stakeholders are being refunded.

Personally I feel even 10 stake is too much, those ten stakes could have gone to 10 more people who could be more valuable to the movement. Whats the point of owning ten stakes, they are actually only hurting themselves in the process by limiting the number of active participants who might actually raise the overall value of his one stake.

How many unique members do we actually have? If we assume each person on average bought two stakes ( its a real possibility) then we only have 1500 actual member , if the average is 4 accts per head then its only 750 real people.

I am not sure whats fair? Maybe 2 stakes( one for loved one) as initially stated would be the right thing to do for everyone. Remember more stakeholders equals more NEM evangelists.

There are people who told friends and family and had to buy stakes for them. I do beleive that someone could get 10 people to buy stakes that's not unrealistic.
However if someone has 20 (or more) stakes, bought with accounts that have all been created within half an hour that never showed any further activity payed for with transactions that all happend around the same time as well then he did not get anyone into NEM he simply created sockpuppets. It's not so much about the number it's about are those actual people or only sockpuppets.

ashapasa

sr. member

Activity: 420

Merit: 250

Quote from: patmast3r on February 24, 2014, 08:37:42 AM

Quote from: ashapasa on February 24, 2014, 08:25:24 AM

Quote from: patmast3r on February 24, 2014, 08:14:00 AM

Quote from: ashapasa on February 24, 2014, 08:07:55 AM

I think a final stakeholders list is set to be released soon.

That's right. It'll be final but only until we start with the public auditing which will again alter the list by refunding big multi-accers and whoever wants out now that NEM becomes something more than was anticipated at the beginning.

What do u mean by public auditing whats the difference ?

We'll try to weed out big multi-accounters. It was said in the beginning that everyone is welcome to buy multiple stakes with multiples accounts so everyone can bring in friends and so on. However we don't want peole to buy 20 or more stakes for themselves which seems to have happend.

Hate to bring this up? but its " the big elephant in the room" how do we decide its ok to have 10 accounts but not 20 ? This question will be asked many times, once multi-stakeholders are being refunded.

Personally I feel even 10 stake is too much, those ten stakes could have gone to 10 more people who could be more valuable to the movement. Whats the point of owning ten stakes, they are actually only hurting themselves in the process by limiting the number of active participants who might actually raise the overall value of his one stake.

How many unique members do we actually have? If we assume each person on average bought two stakes ( its a real possibility) then we only have 1500 actual member , if the average is 4 accts per head then its only 750 real people.

I am not sure whats fair? Maybe 2 stakes( one for loved one) as initially stated would be the right thing to do for everyone. Remember more stakeholders equals more NEM evangelists.

SZZT

sr. member

Activity: 273

Merit: 250

THERE IS an ignore button, next to every username.

If you feel like someones' posts annoy you, CLICK THE IGNORE BUTTON! Puff! Magic happens and the trolls disappear.

If you feel that someone who disagrees with you, should be kicked by an open forum devoted to developing technologies and protocols that enable users to freely voice their opinions, even if they are different than yours,
THEN IT IS YOU WHO NEEDS TO GTFO NOW.

Use the ignore button against the trolls.
Stop asking for people to get kicked, especially if you just discovered this corner of the interwebs.

If any of the posters here feel annoyed, they should just be quiet and go on with their lives.
If you are asking to shut someone up because you have a different opinion THIS PLACE IS NOT FOR PEOPLE LIKE YOU.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: ashapasa on February 24, 2014, 08:25:24 AM

Quote from: patmast3r on February 24, 2014, 08:14:00 AM

Quote from: ashapasa on February 24, 2014, 08:07:55 AM

I think a final stakeholders list is set to be released soon.

That's right. It'll be final but only until we start with the public auditing which will again alter the list by refunding big multi-accers and whoever wants out now that NEM becomes something more than was anticipated at the beginning.

What do u mean by public auditing whats the difference ?

We'll try to weed out big multi-accounters. It was said in the beginning that everyone is welcome to buy multiple stakes with multiples accounts so everyone can bring in friends and so on. However we don't want peole to buy 20 or more stakes for themselves which seems to have happend.

Jaguar0625

sr. member

Activity: 299

Merit: 250

Quote from: sepehr on February 24, 2014, 03:08:08 AM

Quote from: ashapasa on February 24, 2014, 02:55:39 AM

Quote from: sepehr on February 24, 2014, 02:40:50 AM

Guys ignore 2Kool!

Pleas consider my Idea about Crypto Company or Company account in Crypto world:

We can arrange for a company account!
We can have two type of accounts, Personal accounts and company accounts like any Bank.
Personal accounts can act just like normal currency accounts. One person have the total control over the account while he/she have it's credentials.
But Company accounts can include several personal accounts. each personal account is a member of board of company and can participate in decisions.
Company board members can decide how the payments from company account should be made.
They will vote for a logical order that showing how payments from company account should be made.

For example:

Payments from Company Account(CA) can be confirmed if "Personal Account A"(PS-A) confirm it.
Payments from CA can be confirmed if "PS-A and PS-B" confirm it.
Payments from CA can be confirmed if "PS-A or (PS-B and PS-C)" confirm it.

So in this case the system can:

1-Form a company in virtual world.
2-The company board can take decisions according to the voting system we implemented separately for a "logical order".
3-payments from company can be made according to combination of Personal entities defined in "logical order"
4-Members of board at anytime can change the "logical order" of company so they can change the CEO of company as they wish.
5-The company after forming can announce Assets in Asset exchange feature. so everyone can be a stake holder of an asset of company. And receive dividends.

It's just a new Idea aroused in my mind!

I think every one that implement this idea in his currency will have the future!

Sorry, I don't completely understand. You want to open a NEM Bank? with a board of directors consisting of account holders who will create assets and divide the profit? What assets do u have in mind? Who keeps the deposits, who has access and how can they be trusted?

No No! ashapasa!

I just want to have company account with NEM just like personal account that we have now in NEX or any other crypto currency.

I remember that you told that you are ready to help on creating localbitcoin like company in your own country.

So be it!

You, me and several other people join together and form a company identity.
We can open a company account in NEM and choose a CEO and CEO have the right to send money from company account.

If he is not good we can change it!

We form a company in crypto world and I call it Crypto company.

It'll be brilliant if we can implement it!!!

Just reposting my response in PM:

I was brainstorming on how to support "collective" accounts, which is somewhat aligned with your idea.

The scenario I had in mind was user A announces a bounty, N users contribute to the bounty.

Bounty is completed by user B. Bounty is paid to user B when user A and some percentage of the bounty contributors sign off on it.

This is similar to bullets 1 and 3.

I'm not sure if this will make it in the first version of NEM since we have a lot of other development to do

.

Jaguar0625

sr. member

Activity: 299

Merit: 250

Quote from: BitOnyx on February 24, 2014, 04:22:12 AM

Quote from: utopianfuture on January 21, 2014, 04:01:57 PM

+ Unlike Bitcoin and other mining coins, all NEM would be distributed at the genesis block. NEM stakeholders are its own network nodes which verify the transactions and protect the network following a hybrid of Proof of Stake/ Proof of Importance forging mechanism. This type of distribution eliminates the need to have a mining industry which is an external force that imposes a huge cost to Bitcoin and other POW networks. The computational arm-race is avoided by using the hybrid of Proof of Stake/ Proof of Importance forging mechanism.

+ A novel method Proof of Importance forging that rewards the nodes that re most important to the network, not the nodes with the biggest number of NEM.

+ Support for colored coin implementation and the asset exchange is designed in the beginning with advanced features such as automatic settlement, assets listed with an expiration date. NEM focuses on the usability of the asset exchange to make them the premier platform for fundraising, asset listing, token issuing etc.

+ Secure messages for contract storage.

I am big fan of decentralization, and I am not sure if this kind of coin would represent level of decentralization other meta-currency's represent. Actually this "arm-race" as you describe it kinda make sure we wont have any dominant power that could put any kind of influence on people money. Here old user would have large advantage over new users. Of course additional cost created while mining is a problem but shouldn't we upgrade it, make compute power more useful insted of removing it...

That is the key question around POS vs POW. Personally, I think there are only a few thousand BTC miners that have invested enough in hardware to mine competitively. So, I don't think NEM will be drastically more concentrated than BTC. But, NEM's success will depend on people actually using it as a currency and not hoarding it. We'll have to wait and see how good a job the community does with that.

ashapasa

sr. member

Activity: 420

Merit: 250

Quote from: patmast3r on February 24, 2014, 08:14:00 AM

Quote from: ashapasa on February 24, 2014, 08:07:55 AM

I think a final stakeholders list is set to be released soon.

That's right. It'll be final but only until we start with the public auditing which will again alter the list by refunding big multi-accers and whoever wants out now that NEM becomes something more than was anticipated at the beginning.

What do u mean by public auditing whats the difference ?

caspar

full member

Activity: 224

Merit: 100

I suggest, our website（http://www.ournem.com/） can make into many languages ? Grin

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: ashapasa on February 24, 2014, 08:07:55 AM

I think a final stakeholders list is set to be released soon.

That's right. It'll be final but only until we start with the public auditing which will again alter the list by refunding big multi-accers and whoever wants out now that NEM becomes something more than was anticipated at the beginning.

ashapasa

sr. member

Activity: 420

Merit: 250

I think a final stakeholders list is set to be released soon.

Dreibhahn

newbie

Activity: 41

Merit: 0

We don't need guys like him. He is just trolling and want to sabotage NEM. I hope he leaves our community to troll in some NXT-threads. Grin

In my opinion 2Kool4Skewl is a poor guy without friends. He loves to be the enemy of everybody in btt.
Grin

sarahg

newbie

Activity: 14

Merit: 0

Catching up with the NEM thread. What is with that 2Kool4Skewl character? Is he a major malfunction or what?
How sad for him. I hope he just stays away, we don't him here.

Lasmiranda

newbie

Activity: 41

Merit: 0

Already changed my signature Grin

Hey guys, help promoting NEM!

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 351. (Read 661525 times)