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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 469. (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 ?
sr. member
Activity: 602
Merit: 268
Internet of Value
I am working hard on a media campaign for NEM through Twitter.

You can read/follow for updates here: http://www.twitter.com/nemcoin

Best,

A.

Thanks for managing NEM twitter. Don't worry about these dev stakes since they are still there for grab. And since you did the logo promotion you already got a regular stake (check the list).

Here is my Flickr site will all the memes and branding resources http://www.flickr.com/photos/115246188@N06/; i just put all of them together so everyone can have some fun
member
Activity: 117
Merit: 10
Mining is called forging with NXT.
It is advertised that transparent forging is one of the key factors and differentiators of NXT.

I tried to understand the algorithm behind that forging mechanism. I did not find anything (except looking into the decompiled code).

IMHO: NXT concept of forging does not follow the approach of 'fairness'; it generates GODS and GIANTS. The more NXT you have the more NXT you will receive. This approach does not support the concept behind NEM.

A much more flexible and less chunk building algorithm has to be developed/defined.

Any suggestions / ideas?


I could't agree more!
It should be as fair as possible so definately not solely based on account balance, since this eliminates 'middle class' users.

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.

One possibility I can think of though is to maybe factor in the ratio of fees spent by an account in the last x days to account balance. This would allow you to favor those using the balance of their accounts, rather than just stockpiling it. One could attempt to game that system by sending money to themselves, but doing so would add cost to them, and cause others to gain more in transaction fees, and with proper weighting of how much the ratio matters, might not allow them to gain more than they spent on fees for trying to affect their ratio. However there is a major flaw with that idea. Since the next account to forge a block can be predicted, one could spend a lot in fees when they know they will forge the next block. In order to avoid someone doing that the fee would have to be scattered around more, to avoid all of it going to one predictable person, like if 50% of the fee went to the forger of the block the transaction is in, and 25% of the fee to each of the next two block forgers.


In mvag's post, version 5 of the logo is great.
In Jenska's post, does version 6 remind anyone else of the internet explorer logo?
sr. member
Activity: 602
Merit: 268
Internet of Value
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.

Who is nemcoin ? are you a new user or a sockpuppet ?  Grin
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.

 
legendary
Activity: 1176
Merit: 1134
It is not clear when, if ever, the method to create genesis block will be revealed
April will be the earliest
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
newbie
Activity: 69
Merit: 0
I'm already on the stake holder list, but hereby some work for logo and proof of promotion:
http://s30.postimg.org/x11agprml/Afbeelding_11.png

proof of promotion:
http://s30.postimg.org/x11agprml/Afbeelding_11.png

More coming later on.
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.    
sr. member
Activity: 258
Merit: 250
DRAMA: Dumb Retards Asking More Attention
Mining is called forging with NXT.
It is advertised that transparent forging is one of the key factors and differentiators of NXT.

I tried to understand the algorithm behind that forging mechanism. I did not find anything (except looking into the decompiled code).

IMHO: NXT concept of forging does not follow the approach of 'fairness'; it generates GODS and GIANTS. The more NXT you have the more NXT you will receive. This approach does not support the concept behind NEM.

A much more flexible and less chunk building algorithm has to be developed/defined.

Any suggestions / ideas?


I could't agree more!
It should be as fair as possible so definately not solely based on account balance, since this eliminates 'middle class' users.
jr. member
Activity: 54
Merit: 2


--------------------------------------------------
Edited my post to take out the rough ideas, and here is my finished design. 
member
Activity: 98
Merit: 10
mvag, I really like your friend's designs! Smiley
member
Activity: 98
Merit: 10
I would like to throw in another aspect which might be important for broader acceptance.
We try to spread NEM to a much broader base of user types.

We have all senior users in respect to crypto currencies on focus but also we would like to draw in NEWBIEs to crypto.

In long discussions, I have with friends and also with private equity consultants, the most NEWBIEs fear (beside loosing money, sure..) is to tackle with technical issues they are not capable to understand (or willing) nor to solve. So NEM has to provide an understandable and easy way for those NEWBIEs. Cryptic long numbers do not help them to understand whether they have a BITCOIN; NXT or whatever wallet address.

IMHO, the public address for NEM has to reflect some clear indicators that we do have a NEM account here.

I agree. ricot's proposal for NXT may include a "NXT" prefix for the encoded addresses. We could do something similar as a standard suggestion for how folks could display their addresses. (Maybe in practice, folks will see it as redundant and just omit it. But we should start things off clear for everyone and leave that choice up to them.)

- I will also change the account numbers to be more bitcoin-like

Will you be using the proposed Reed-Solomon encoding ricot and NxtChg are working on for Nxt?

I'm thinking a different format would be better, so that NEM addresses can't (in general) be interpreted as NXT addresses by clients and vice-versa. There are simpler encoding schemes (linear codes) which can also do character typo detection and correction (but, unlike Reed-Solomon, not for character omission), and which don't require field algebra. They can be easily implemented from scratch without using 3rd party libraries.

I can expand on this if there's interest.

I wasn't planning on using Reed-Solomon encoding, but I'd be interested in hearing you expand on your suggestion.

I brought our conversation over to nxtcrypto: https://forums.nxtcrypto.org/viewtopic.php?f=58&t=694&p=3245
sr. member
Activity: 1188
Merit: 251
A few NEM logo sketches, on behalf of my friend who does not have an account here.







I don't like Version 2 and 7. The rest is really great. Props to your friend Smiley

I like #6. Man these are really good!

hero member
Activity: 980
Merit: 1001
A few NEM logo sketches, on behalf of my friend who does not have an account here.







I don't like Version 2 and 7. The rest is really great. Props to your friend Smiley
newbie
Activity: 15
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.
newbie
Activity: 22
Merit: 0
Mining is called forging with NXT.
It is advertised that transparent forging is one of the key factors and differentiators of NXT.

I tried to understand the algorithm behind that forging mechanism. I did not find anything (except looking into the decompiled code).

IMHO: NXT concept of forging does not follow the approach of 'fairness'; it generates GODS and GIANTS. The more NXT you have the more NXT you will receive. This approach does not support the concept behind NEM.

A much more flexible and less chunk building algorithm has to be developed/defined.

Any suggestions / ideas?
newbie
Activity: 22
Merit: 0
I would favor for version 1.

Because it is definitively different to those technical Coin looks...
member
Activity: 69
Merit: 10
version 5 looks pro and sophisticated...i would play with different color combinations
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