Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 447. (Read 661525 times)

I had to analyse this a little but looks like a very nice system indeed !

+1 for a POS/PON combination, however the distribution between them is a difficult decision.
I have been thinking alot about the forging but personally I can't make up my mind about my opinion.
The more POS , the more people will want to hold on to their share which in its turn will provide stability and better market price. (ref stability NXT!)
On the other hand, we need to make it attractive for everyone in order to easily attract new people.

Obviously the PON is also a good idea to make the network stable and to make a statement about equality...

Hmm , difficult

I suggested something like this for NXT but it was ignored.  It kind of like a bonus lottery...


I would like to implement such that block forgers cannot include their own transactions for free; where if they want to send transactions in a block they forge, then they perform the following:

1) determine the lowest fee paid for a transaction in the previous block generated.  Trasactions belonging the block forger that he wants to include in the block must have at lease this fee assigned, or higher if selected.

2) use a defined algorithm (TBD) to select an account out of the previous 10 blocks that paid fees for transactions.  multiple transactions with 1 account doesnt give you multiple chances, so if you had just 1 transaction you have equal chance of being selected as someone with 1000

3) the block forger takes the number of transaction of his own that he wants to include in the block and then multiplies by the figure obtained in #1 (or a higher fee than that if he desires, but at least that amount), and includes a transaction sending that amount of NXT to the account selected in #2.  all his own transactions in this block must set the fee to value obtained in #1 (or higher if desired), as those will be returned to him if he does indeed forge that block.  So as long as the math works out between these steps, the network will validate the block he forges.

4) if your own account is selected to send the fees to then the algorithm chooses a different account.  This is to reduce the chance that exchanges with their high volume get their own free fees

This structure effictively removes fee forging and makes a cool/fun little bonus lottery that encourages people to use transactions since then they become eligible for the lottery.

Yes that should be the way because your friend represents the new account. So make a new account for him and reserve a stake. you can send NXT from the same address as well (maximum 2 stake per address).

1 NEM share would have > 1 million NEM. So there are many to share. No need to buy a lot of stakes. Thanks for supporting NEM.

The new stake complain thread is here https://bitcointalksearch.org/topic/nem-nem-stake-complaint-questions-etc-450200.

I will be manning that thread and answering questions. Any stake question should be directed there to keep this thread on update/ development related.

Thanks

UP

My name has also disappered from the stake holder list
https://docs.google.com/spreadsheet/ccc?key=0AlidWok7hW0DdDZ0amZpM00wQXhrR2lJM3pCOGRhNFE#gid=1

It has been there many days,
since 1 - 2 days after these:






What has happened?

Should we maybe have a thread dedicated to problems and complaints about stake registration ?
I feel like important and interesting discussion in this thread drown in questions regading stakes and stuff.

Just a suggestion.

So by what I understand: Make NXT account for friend > send NXT there > make another bitcointalk account > invest NXT and post on new account.

I am not trying to be a "fraudster".   I am invested in NXT already and am running 2 nodes for NXT.  I am spreading word about NEM but most of the people I know are not very cryptocurrency knowledgeable but are very interested in crypto since I've been mentioning it to them.
I like the idea of fair, that's how I run my life in real world.  I am a very balanced and fair person.
I have an account in nextcoin.org under LemonAndFries where I make most of my posts if you'd like to check.

ok here it is:

Can you post the whole message here. I will check the hash against my record.

So why do bitcointalk send me this "deleted" message?
I dont understand ^^

Greetings

sorry we stick by 1 account/ 1 share.

Vertcoin jumped because it was added to cryptsy.  imagine what NXT will do when it gets added to cryptsy.

I am not trying to make a reserve spot, I want to invest the NXT now before it goes up.  I just want to make sure it's ok with you that I am using this account to invest the NXT on behalf of someone else.

I don't think I ever delete any veteran account's contribution.

my post got deleted:

It is more like spreading awareness campaign. It doesn't matter to me if we get a lot of negative comments because we will still be in the front row  Click-though rate is at 1.87%. that's good enough for now. If you think it is fun then make a comment because there is a strong miner's attitude there. It would be just a nice conversation not a shouting war.

Maybe you should give the option to buy in with dogecoin now that reddit ads are live.

We have a no reserve rule to combat fraudsters.

@utopianfuture : So I think I read somewhere you went up to page 20 to list investors yet I am not listed.
I am on page 13:

Also, I have another person that might be interested but I won't get to discuss NEM with that person until tomorrow, I was wondering if I could reserve and invest on that person's behalf since they are not active on this forum but would still like to become an investor.