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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 468. (Read 661525 times)

sr. member
Activity: 602
Merit: 268
Internet of Value
Now late night question. I want to run an ad about NEM to bring more people to us.
Options? Let's talk bitcoin? Coindesk, bitcoin magazine? Or even forbre, business insider ?

as xtester says,
Quote
the answer should be based on what kind of people you are looking for

and that should certainly include people from outside the established crypto community. In any case you will need an intriguing slogan to hook their attention - one that makes people want to know more rather than tell them everything upfront.

A possibility could be:

Liberate your purchasing power with the New Economy Movement

Or

Do you want to liberate your purchasing power?

Or

Help liberate the purchasing power of the free world - Join the New Economy Movement today

Yes it should depend on target audience. I am still tweaking the front page because I want perfection in wordings and represent exactly what NEM aspires to be. Suggestions welcome.
newbie
Activity: 30
Merit: 0
Yes slogans are good, lets do some brainstorming, also slogan could be mandatory for new accounts with 0 posts like mine is Cheesy
member
Activity: 64
Merit: 10
Now late night question. I want to run an ad about NEM to bring more people to us.
Options? Let's talk bitcoin? Coindesk, bitcoin magazine? Or even forbre, business insider ?

as xtester says,
Quote
the answer should be based on what kind of people you are looking for

and that should certainly include people from outside the established crypto community. In any case you will need an intriguing slogan to hook their attention - one that makes people want to know more rather than tell them everything upfront.

A possibility could be:

Liberate your purchasing power with the New Economy Movement

Or

Do you want to liberate your purchasing power?

Or

Help liberate the purchasing power of the free world - Join the New Economy Movement today
sr. member
Activity: 602
Merit: 268
Internet of Value
I want to have nemcoin.info and nemcoin.com up before the media campaign but that is not absolutely necessary.  

Why do we even need 2 ?
Wouldn't it be better to have one which would also enable people to focus on making that one awesome instead of creating 2 potentially not as awesome ?

One up is fine. My thought is that nemcoin.com could have more commercial potential, meanwhile nemcoin.info would focus on development updates. I actually have phase 3 media campaign  Grin; but it is secret ingredient for now.
hero member
Activity: 980
Merit: 1001
I want to have nemcoin.info and nemcoin.com up before the media campaign but that is not absolutely necessary.  

Why do we even need 2 ?
Wouldn't it be better to have one which would also enable people to focus on making that one awesome instead of creating 2 potentially not as awesome ?
sr. member
Activity: 602
Merit: 268
Internet of Value
Update: Hey I updated the stakeholder list to page 85, now we are close to 1500 stakeholders and should pass that mark pretty soon.

I also added some explanations there to make my stakeholder's list work transparent. Your post in the registration thread is the proof that you belong to the list or not. Since page 81+ I have to check the sending addresses so it takes a bit more time. The next update would be tomorrow.

There are also more explanations to the development stake sheet; Now I only put a name on a dev stake when I am absolutely sure that a dev stake would go that way. So many dev stakes would only be allocated very close to the genesis block.    

At the current rate it'll take roughly a month (29 days) till there will be 4000 stakeholders. Would you say that's a sensible timeframe for the release of the genesis block? Smiley

Registration pace could slow down a bit due to higher fee until the media campaign kicks off. The thing about media campaign is that I think we truly have something interesting to tell; not just because we want some crypto sites to pump us up. Additionally I want to reach out to many other people outside the core crypto fan bases. 4000 stakeholders is maximum and I think I would like to see at least 2000 stakeholders. So the final number could be somewhere between.

Now on the development front, things are going very well Smiley I like this type of parallel development; we develop the tech and develop the community and user base at the same time and that could save a lot of valuable time in this competitive crypto market. There are some news in the pipeline, so stay tuned.

There will be a time frame announcement in the near future but not now. Nemcoin.info and nemcoin.com are still available. Some are already asking to manage them but I am still thinking a litter bit because I want them justices. I am quite sure NEM is going to be huge but if I give someone these sites now, they are gone forever. So we need
someone to do these sites justice or we can wait for a while.

 

Sounds awesome, keep up the good work!

When does this media campaign kick off? Is there anywhere I can read about it?

I am preparing the campaign. The first phase would be basic ads. The second phase would include feature articles in more popular newspapers, magazines etc. The campaign should kick off when Jaguar is done preparing timeline and more detail plan so that we could have some substances.

Right now, we already have reddit page and twitter presence. It would be nice if someone can prepare Youtube channels etc.
I want to have nemcoin.info and nemcoin.com up before the media campaign but that is not absolutely necessary.  
legendary
Activity: 866
Merit: 1002

Do I understand this correctly that the blockchain would only be stored on the "server version" of the client and not by every client ? I'm not sure that's a good idea. I don't know how people would feel about that and also doesn't that make the whole thing less secure especially in the beginning where fewer servers are running ? Say 10 servers are runnin initially. What if i whip up 20 VMs on my computer and make them servers....could I then not controll the network ? Not to mention that if the client doesn't hold the blockchain mim attackes could to a crapload of damage especially if coordinated well.

What's the point of having outdated snapshots in the client ? So the update from the DBs won't take as long ?

Nope, you don't need whole chain for security purposes.

Also 'normal' clients would also be part of the network.
They just wouldn't store whole history, only those snapshots + blockchain history since last snapshot till present.
Most people don't need whole history anyway (i.e. compare to btc, where download of whole the blockchain takes days if not weeks...)

When you would receive initial snapshot, there would be additional step of verification,
that the snapshot you've received is actually CORRECT one (there are number of ways this could be done),
to make sure the peers from which you've received it are not EVIL ones.
full member
Activity: 224
Merit: 100
NEM Enthusiast
Now late night question. I want to run an ad about NEM to bring more people to us.
Options? Let's talk bitcoin? Coindesk, bitcoin magazine? Or even forbre, business insider ?

A reddit add may be quite beneficial. The reddit community as a whole is very familiar with the crypto-currency concepts, with the recent DOGE tipping craze and the huge communities devoted to individual cryptos there. Just something to consider!
full member
Activity: 224
Merit: 100
NEM Enthusiast
Update: Hey I updated the stakeholder list to page 85, now we are close to 1500 stakeholders and should pass that mark pretty soon.

I also added some explanations there to make my stakeholder's list work transparent. Your post in the registration thread is the proof that you belong to the list or not. Since page 81+ I have to check the sending addresses so it takes a bit more time. The next update would be tomorrow.

There are also more explanations to the development stake sheet; Now I only put a name on a dev stake when I am absolutely sure that a dev stake would go that way. So many dev stakes would only be allocated very close to the genesis block.    

At the current rate it'll take roughly a month (29 days) till there will be 4000 stakeholders. Would you say that's a sensible timeframe for the release of the genesis block? Smiley

Registration pace could slow down a bit due to higher fee until the media campaign kicks off. The thing about media campaign is that I think we truly have something interesting to tell; not just because we want some crypto sites to pump us up. Additionally I want to reach out to many other people outside the core crypto fan bases. 4000 stakeholders is maximum and I think I would like to see at least 2000 stakeholders. So the final number could be somewhere between.

Now on the development front, things are going very well Smiley I like this type of parallel development; we develop the tech and develop the community and user base at the same time and that could save a lot of valuable time in this competitive crypto market. There are some news in the pipeline, so stay tuned.

There will be a time frame announcement in the near future but not now. Nemcoin.info and nemcoin.com are still available. Some are already asking to manage them but I am still thinking a litter bit because I want them justices. I am quite sure NEM is going to be huge but if I give someone these sites now, they are gone forever. So we need
someone to do these sites justice or we can wait for a while.

 

Sounds awesome, keep up the good work!

When does this media campaign kick off? Is there anywhere I can read about it?
newbie
Activity: 3
Merit: 0
hero member
Activity: 980
Merit: 1001
[[Development Update]]
Hi all,

For now, I'll be using this thread to share development status. If there is a lot of interest in the development discussion, I might create a new thread.

There are currently two developers working on this project - Thies1965 and myself. If anyone is interested in contributing, please PM me. We're always happy to get more help Smiley, and we do have a few development shares to give out for people who help out.

NXT is the inspiration of this project, but the current plan is not to use the NXT code without making significant changes. For one, I would like to rewrite / refactor much of the NXT code to make the code compliant with development best practices (including unit tests). My background is in enterprise software, so I'm confident that we can improve off of NXT and make it better.

Right now, we have a simple git repo: https://github.com/NxtEM/nem. It's empty at the moment aside from two versions of NXT: the "official" 0.4.7e released by Jean-Luc and the decompiled 0.5.10 version. Both are browsable and we don't have any plans on taking them down until NEM is near completion.

Depending on who wants to join the development team, I'll be keeping the language choice open until the weekend. The current preference is Java (like NXT), but I would be open to changing it depending on the interest.

The first chunk of work will be around building all the classes that comprise the blockchain.
- I'm planning to change the signing algorithm from NXT's non-standard curve25519 based implementation to ed25519 (https://github.com/geir54/ed25519-java/blob/master/ed25519.java).
- I will also change the account numbers to be more bitcoin-like

Let me know what you think.


@Jaguar and Theis. Some thoughts from a friend.

There are things that I don’t like about NXT or that I think could be done differently.

1. Storing whole blockchain in memory.
    imo, “app” should be split into 3 parts:
    1.  server, storing blockchain and all related info in DB - this one would be used for all the SERIOUS stuff (so exchages, faucets, and any other apps like that would run this)
    2.  lightweight IN-BROWSER client - I think CfB has similar idea - that one, would have ZERO knowledge itself it, but I think it’d be possible to do whole singing in-browser.
    3.  ‘normal’ client - for users, that want to participate in the network, but don’t want to deal with DB setup. This one would keep blockchain in memory, BUT it would rely on “snapshots”
               a. snapshot would be created every X days (I was thinking about X=10)
               b. they would contain information about state (of accounts), but would drop all the history
               c. snapshots (for new clients) could be propagated in torrent-like fashion.

2.  TPS rate. I’ve seen somewhere info, that Nxt could handle 100_000 TPS. I have some doubts about it. (current hardcoded limit for tx in block is 255, that would imply ~400 BLOCKS per sec).
     I think software, should be thought upfront to handle large amount of transactions per second. (so for sure, somewhere “in future” there should be switch to binary protocol, also it might be beneficial  to use UDP to propagate information).  what do you think about GHOST?
     Also I got interesting idea, but I’m not sure how it would work in practice...

3.   Lack of Wallet. People simply got used to this. I don’t think generating Secret Key by doing SHA on a string (like Nxt is doing currently) is a good idea.

4.   Curve. You’ve already written, you’d like to switch to Ed, so I guess you think the same.

A.   Server as a servlet - I think this is good choice for initial implementation (before adding binary protocol, also servlet, would still be needed if one would like to have IN-BROWSER client). But I’d change one simple (and quite obvious) thing: instead of embedding type of query in json, It should be in URL itself.

Interesting thoughts.

But I have two questions...

Do I understand this correctly that the blockchain would only be stored on the "server version" of the client and not by every client ? I'm not sure that's a good idea. I don't know how people would feel about that and also doesn't that make the whole thing less secure especially in the beginning where fewer servers are running ? Say 10 servers are runnin initially. What if i whip up 20 VMs on my computer and make them servers....could I then not controll the network ? Not to mention that if the client doesn't hold the blockchain mim attackes could to a crapload of damage especially if coordinated well.

What's the point of having outdated snapshots in the client ? So the update from the DBs won't take as long ?

I do like the "return of the wallets". Brainwallets have me so paranoid that I check my balance everyday.
sr. member
Activity: 602
Merit: 268
Internet of Value
[[Development Update]]
Hi all,

For now, I'll be using this thread to share development status. If there is a lot of interest in the development discussion, I might create a new thread.

There are currently two developers working on this project - Thies1965 and myself. If anyone is interested in contributing, please PM me. We're always happy to get more help Smiley, and we do have a few development shares to give out for people who help out.

NXT is the inspiration of this project, but the current plan is not to use the NXT code without making significant changes. For one, I would like to rewrite / refactor much of the NXT code to make the code compliant with development best practices (including unit tests). My background is in enterprise software, so I'm confident that we can improve off of NXT and make it better.

Right now, we have a simple git repo: https://github.com/NxtEM/nem. It's empty at the moment aside from two versions of NXT: the "official" 0.4.7e released by Jean-Luc and the decompiled 0.5.10 version. Both are browsable and we don't have any plans on taking them down until NEM is near completion.

Depending on who wants to join the development team, I'll be keeping the language choice open until the weekend. The current preference is Java (like NXT), but I would be open to changing it depending on the interest.

The first chunk of work will be around building all the classes that comprise the blockchain.
- I'm planning to change the signing algorithm from NXT's non-standard curve25519 based implementation to ed25519 (https://github.com/geir54/ed25519-java/blob/master/ed25519.java).
- I will also change the account numbers to be more bitcoin-like

Let me know what you think.


@Jaguar and Theis. Some thoughts from a friend.

-----------
There are things that I don’t like about NXT or that I think could be done differently.

1. Storing whole blockchain in memory.
    imo, “app” should be split into 3 parts:
    1.  server, storing blockchain and all related info in DB - this one would be used for all the SERIOUS stuff (so exchages, faucets, and any other apps like that would run this)
    2.  lightweight IN-BROWSER client - I think CfB has similar idea - that one, would have ZERO knowledge itself it, but I think it’d be possible to do whole singing in-browser.
    3.  ‘normal’ client - for users, that want to participate in the network, but don’t want to deal with DB setup. This one would keep blockchain in memory, BUT it would rely on “snapshots”
               a. snapshot would be created every X days (I was thinking about X=10)
               b. they would contain information about state (of accounts), but would drop all the history
               c. snapshots (for new clients) could be propagated in torrent-like fashion.

2.  TPS rate. I’ve seen somewhere info, that Nxt could handle 100_000 TPS. I have some doubts about it. (current hardcoded limit for tx in block is 255, that would imply ~400 BLOCKS per sec).
     I think software, should be thought upfront to handle large amount of transactions per second. (so for sure, somewhere “in future” there should be switch to binary protocol, also it might be beneficial  to use UDP to propagate information).  what do you think about GHOST?
     Also I got interesting idea, but I’m not sure how it would work in practice...

3.   Lack of Wallet. People simply got used to this. I don’t think generating Secret Key by doing SHA on a string (like Nxt is doing currently) is a good idea.

4.   Curve. You’ve already written, you’d like to switch to Ed, so I guess you think the same.

A.   Server as a servlet - I think this is good choice for initial implementation (before adding binary protocol, also servlet, would still be needed if one would like to have IN-BROWSER client). But I’d change one simple (and quite obvious) thing: instead of embedding type of query in json, It should be in URL itself.
-----------
newbie
Activity: 14
Merit: 0
Yes, this is one of the biggest problems. It disrupts the whole idea of equality, fairness and stuff Cheesy But it can be changed Smiley I don't know how at the moment.
Maybe the fee should be divided equally to everyone?
That would attract more users.

I agree, but the problem is that if I have a million NEM, I could open up 1,000,000 NEM wallet and put 1 NEM in each and receive 99,999,999 more share of the fee than everyone else. I don't see how we could get around that a side from rigid account control or minimum balance, but even then, people would find way around that.

I think the most frustrating part of NXT for small account was to see the next block could be forged in 325 days 12h 22min. I didn't look at the NXT code yet, so I don't know if this is possible, but if we could introduce fraction, we could pay divide the fee amongst all NEM user based on the ratio of money the have.

So, i we divide 1/4,000,000,000 we get 0.00000000025. This mean that for each NEM of fee, every user would receive 0.00000000025 NEM for each NEM they own. If we decide that the smallest unit is 0.00000001 NEM, we would then have to wait until 40 NEM in fee has been collected before distributing 0.00000001 NEM to everyone for every  NEM that they own.

Anyway, just an idea  Grin

Cheers

sr. member
Activity: 280
Merit: 250
Hey!

Im tried to make some logos with my ipad, so these are quite opposite compared to the ones in last pages. Hope you enjoy! Of course these are just raw-sketches so if needed i will try my best to upgrade those.
It would be cool to get some feedback.

Hopefully with this effort i could take a part of NEM- stakes?


Version 1.



Version 2.





haha if you are old enough to remember the nWo, or new world order from the WCW days, I like the WCW reference you have in some of them images.

hero member
Activity: 980
Merit: 1001
Now late night question. I want to run an ad about NEM to bring more people to us.
Options? Let's talk bitcoin? Coindesk, bitcoin magazine? Or even forbre, business insider ?

cryptocoinsnews.com is rapidly growing and even has it's own investment club. I think that would be worth checking out !
sr. member
Activity: 602
Merit: 268
Internet of Value
Update: to counter spammers who take up spaces of legitimate NEM stakeholders. I made a new moderated registration thread here https://bitcointalksearch.org/topic/ann-nem-4-billion-coins-equal-shares-for-all-registration-thread-part-2-440185.

Please update our reddit and twitter page accordingly. This discussion thread will not be moderated and we welcome legitimate questions and concerns.

Stay tuned for our first ad and a flock of newcomers. I also added Paypal option in the new registration thread. I will personally handle these fiat transactions myself until someone else is willing to help.

jr. member
Activity: 52
Merit: 50

Since any person with a large account balance could split it up into multiple smaller accounts to act as if they were many poorer users, this is very difficult to implement.



I am an absolute noob so excuse me if I am wrong but ...
Wouldn't one have to run several machines to have several accounts, or can you run e.g. 50 accounts on one computer?



you can run as many as you wish, on 1 computer.
sr. member
Activity: 258
Merit: 250
DRAMA: Dumb Retards Asking More Attention

Since any person with a large account balance could split it up into multiple smaller accounts to act as if they were many poorer users, this is very difficult to implement.



I am an absolute noob so excuse me if I am wrong but ...
Wouldn't one have to run several machines to have several accounts, or can you run e.g. 50 accounts on one computer?

hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Now late night question. I want to run an ad about NEM to bring more people to us.
Options? Let's talk bitcoin? Coindesk, bitcoin magazine? Or even forbre, business insider ?

I think the answer should be based on what kind of people you are looking for and which of the options you mentioned has most readers.

Edit: Do you need to choose only one option? Maybe one option like Coindesk or bitcoin magazine would do the trick for the people who are already in the crypto community while an option like forbes or business insider would carry the message to the people who are new to this kind of things. I think both would be important.
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