Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 44. (Read 661525 times)
June 03, 2014, 01:35:34 PM
Alpha being secretly tested? Nice! If i can try it please let me know. I'd like to help.
June 03, 2014, 12:43:32 PM
"There is no such thing as zero trust."
That I was saying. There is needed trust, this online world requires it (now). But why unnecessarily increase the need of trust?
It's not "unnecessarily" as it significantly increases security for most users by allowing them to use unique and strong passwords for every site and keeping passwords more secure on the hard drive as they are encrypted. It's far more likely that people who don't use password managers are either reusing passwords on more than one site, using weak passwords, keep them insecure on a notepad or email or forgetting/losing them sometime. . All of which are more risky. It's not "totally" blind trust. Lastpass plugins are in javascript, so most of the source code can be easily checked. Encryption is done locally on the client machine. Plus it's a really company with physical address so they would be open to millions of dollars lawsuits if they were involved in any shenanigans.
June 03, 2014, 12:17:35 PM
NEM timeline:
Initial fundraising - 1/19/2014 - 2/17/2014 - first fundraising thread - second fundraising thread
Waiting list open - 2/21/2014 - 4/10/2014 - waiting list thread
Public auditing of stakeholder list - 3/2/2014 - 4/9/2014 - public auditing thread
Waiting list invitation - 4/28/2014 - 5/9/2014 - invitation letter
Final stakeholder list published - 5/10/2014 - The final list
Development contract published - 5/25/2014 - Development contract
NEMstake on asset exchange - 5/30/2014 - Asset exchange thread
Open Alpha release - TBA
NEM stake public auction - After open alpha release
Open Beta release - estimate August
Official launch - TBA
V1 blockchain completion - TBA
June 03, 2014, 12:11:04 PM
when the official blockchain of nem will be out?
June 03, 2014, 11:52:15 AM
The "randomness" is one characteristic, the other is the length. My passwords' randomness is enough due to certain things, which is used in the pw generation - which is not revealed here either
And length I certainly have enough. Bottom line: Look at top of this page (bitcointalk.org). The connection is encrypted. How does that encryption work? The encryption key is exchanged between your computer and BTT server using cryptography that relies on random number generator. Otherwise your BTT password would go through internet (bouncing around dozens of servers) in plain text and could be easily stolen, along with your nem stake.
you already rely on CSPRNG to do everything online that is supposed to be secure. Nothing online is secure without CSPRNG.
Not a single thing.
Quote
Cryptocurrencies, decentralization, lower trust level ...
pw manager, centralization, higher trust level.
(ok, ofc some centralization and trust is needed somewhere sometimes, but ...)
pw manager, centralization, higher trust level.
(ok, ofc some centralization and trust is needed somewhere sometimes, but ...)
You already trust a lot of things -- for example your operating system. How do you know it's not sending your info to NSA?'
There is no such thing as zero trust.
With Lastpass encryption is done locally on your computer. They only get encrypted blob. Key is derived from thousands of hashes (PBKDF2) so even in very unlikely scenario their server is hacked brute force attack would still be very hard, as their server doesn't have encryption key.
It's a question of convenience and security and it's much easier to stay secure if a user is using password manager (online backup, long random unique passwords for all sites, two factor authentication, auto fils and several other anti-key logger measures) .
"There is no such thing as zero trust."
That I was saying. There is needed trust, this online world requires it (now). But why unnecessarily increase the need of trust?
For the convenience? Yes, of course, but not for the most important issues, when it is decided e.g. about the security of 20% of your fortune. So much trust I do not have
Btw,
BTT account vs NEM stake
What is the scenario, when someone's NEM stake is stolen?
I've understood that already some BTT accounts were hacked, or pw lost, but that was
solved happily.
Stealing scenario 1:
- hacker (or evil organization) gets your BTT account
- NEM stake is delivered
- hacker use your BTT account to inform a wrong target for the stake
- the stake is delivered to hacker's target, not to yours
- You realize that you have been robbed and inform the NEM organization
- What is the situation? Is the NEM stake totally lost?
or can the original BTT user still prove that he would be the correct owner
of the NEM stake (eg. by sending 1 NXT from his NXT account, which may be not hacked)
June 03, 2014, 11:26:15 AM
Wow! all the tokens being bought.. about 4 left under 25k nxt only. And holding strong those levels.. despite the obvious attempts to push down to buy at lower prices.
There's only .8 left at 15.5K and then I'll jump way up.
It looks like all the weak hands got bought out
June 03, 2014, 11:19:37 AM
Wow! all the tokens being bought.. about 4 left under 25k nxt only. And holding strong those levels.. despite the obvious attempts to push down to buy at lower prices.
June 03, 2014, 11:02:39 AM
Just spotted this article about NEM http://bitcoinist.net/nem-new-economy-movement/ which contains quite a few factual errors, especially the part about the development team. Someone should tell him to read the organization tab in NEM summary. There is a nice volume from the site to our website though. NEM is getting noticed !
I contacted him.
June 03, 2014, 11:00:11 AM
it's a disappointing experience to see that against all expectations of thread members, the price of nemstakes (AE) is steadily decreasing.
I was one of the first buyers and now I have to suffer from my greed.
I was one of the first buyers and now I have to suffer from my greed.
I am crypto -nonexpert and a poor pensioner and was just looking for someone who gives me comfort. Thanks to the community for your compassion.
I would say: take a longer perspective. NEM would not fail your trust. Be active to protect your investment as well
+1 you need to think long term. it's just been a few days mate!
June 03, 2014, 09:32:54 AM
NEM is alive and well!!!
I'm happy to see that NEMstakes are one of the assets with the highest volume of transactions. This is extremely positive. I am no so concern about the price, since it is quite possible that, after all the expectations generated, there are incentives for people to sell in order to obtain some gain. After this initial wave, the price will raise again.
What I miss from the early days in this thread is to have discussions more strategy and context oriented. Do you known guys if Trello board or the NEM forum are carrying such discussions. I will be very interested to participate
I'm happy to see that NEMstakes are one of the assets with the highest volume of transactions. This is extremely positive. I am no so concern about the price, since it is quite possible that, after all the expectations generated, there are incentives for people to sell in order to obtain some gain. After this initial wave, the price will raise again.
What I miss from the early days in this thread is to have discussions more strategy and context oriented. Do you known guys if Trello board or the NEM forum are carrying such discussions. I will be very interested to participate
NEM forum is unfortunately badly neglected at the moment. We may have to redo the forum at some point. There is a separate thread for price discussion though, so perhaps we should have some self-selection so keep this thread on more in-depth topics.
Trello board is still live and intend to keep all important discussions that could be actionable there.
June 03, 2014, 09:31:07 AM
IIRC NEM is in alpha, closed alpha.
although an open alpha doesn't have an ETA yet.
although an open alpha doesn't have an ETA yet.
where do I download alpha?
Secret link
Could you guys still tell more about it? How it works, looks etc.
I'm not in it, yet, but they'll invite more people I think.
June 03, 2014, 09:26:32 AM
NEM is alive and well!!!
I'm happy to see that NEMstakes are one of the assets with the highest volume of transactions. This is extremely positive. I am no so concern about the price, since it is quite possible that, after all the expectations generated, there are incentives for people to sell in order to obtain some gain. After this initial wave, the price will raise again.
What I miss from the early days in this thread is to have discussions more strategy and context oriented. Do you known guys if Trello board or the NEM forum are carrying such discussions. I will be very interested to participate
I'm happy to see that NEMstakes are one of the assets with the highest volume of transactions. This is extremely positive. I am no so concern about the price, since it is quite possible that, after all the expectations generated, there are incentives for people to sell in order to obtain some gain. After this initial wave, the price will raise again.
What I miss from the early days in this thread is to have discussions more strategy and context oriented. Do you known guys if Trello board or the NEM forum are carrying such discussions. I will be very interested to participate
June 03, 2014, 09:26:12 AM
What is the process for converting NEM stake back into NEM once NEM launches?
How long until launch?
How long until launch?
When NEM launches you will have to send the token and a message to the asset issuer account.
How long?
June 03, 2014, 09:19:10 AM
IIRC NEM is in alpha, closed alpha.
although an open alpha doesn't have an ETA yet.
although an open alpha doesn't have an ETA yet.
where do I download alpha?
Secret link
Could you guys still tell more about it? How it works, looks etc.
June 03, 2014, 09:17:30 AM
IIRC NEM is in alpha, closed alpha.
although an open alpha doesn't have an ETA yet.
although an open alpha doesn't have an ETA yet.
where do I download alpha?
Secret link
June 03, 2014, 09:09:50 AM
IIRC NEM is in alpha, closed alpha.
although an open alpha doesn't have an ETA yet.
although an open alpha doesn't have an ETA yet.
where do I download alpha?
June 03, 2014, 08:55:38 AM
Just spotted this article about NEM http://bitcoinist.net/nem-new-economy-movement/ which contains quite a few factual errors, especially the part about the development team. Someone should tell him to read the organization tab in NEM summary. There is a nice volume from the site to our website though. NEM is getting noticed !
June 03, 2014, 08:32:39 AM
hi,man the only way to get NEM is buy from AE?
any other way to get it?
i do not wanna install NXT.soryy,
Not at the moment...any other way to get it?
i do not wanna install NXT.soryy,
You will have to wait till the launch. (or buy someones BTT account including stake)
Do you know the exact date of NEM launch?
NEM timeline:
Initial fundraising - 1/19/2014 - 2/17/2014 - first fundraising thread - second fundraising thread
Waiting list open - 2/21/2014 - 4/10/2014 - waiting list thread
Public auditing of stakeholder list - 3/2/2014 - 4/9/2014 - public auditing thread
Waiting list invitation - 4/28/2014 - 5/9/2014 - invitation letter
Final stakeholder list published - 5/10/2014 - The final list
Development contract published - 5/25/2014 - Development contract
NEMstake on asset exchange - 5/30/2014 - Asset exchange thread
Open Alpha release - TBA
NEM stake public auction - After open alpha release
Open Beta release - estimate August
Official launch - TBA
V1 blockchain completion - TBA
June 03, 2014, 08:32:22 AM
hi,man the only way to get NEM is buy from AE?
any other way to get it?
i do not wanna install NXT.soryy,
Not at the moment...any other way to get it?
i do not wanna install NXT.soryy,
You will have to wait till the launch. (or buy someones BTT account including stake)
Do you know the exact date of NEM launch?
No one knows ATM
June 03, 2014, 08:28:12 AM
hi,man the only way to get NEM is buy from AE?
any other way to get it?
i do not wanna install NXT.soryy,
Not at the moment...any other way to get it?
i do not wanna install NXT.soryy,
You will have to wait till the launch. (or buy someones BTT account including stake)
Do you know the exact date of NEM launch?
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