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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 475. (Read 661525 times)

legendary
Activity: 1106
Merit: 1000
Can the 'no envy movement' part get dropped? too hippyish, imo




agree, it's ok when we fundraise but why hinder it's development after. it comes across as charity rather than a legitimate coin.


It's just a thought but what about changing NEM as well. The only reason is we might be able to come up with a more exciting name rather than looking like a NXT clone....which of course it is but still..

What happened to "New Economy Movement"?

I thought that sounded awesome.


yeah that bit is nice.....like the idea of being part of going against the status quo and corrupt financial world.
newbie
Activity: 56
Merit: 0
Can the 'no envy movement' part get dropped? too hippyish, imo




agree, it's ok when we fundraise but why hinder it's development after. it comes across as charity rather than a legitimate coin.


It's just a thought but what about changing NEM as well. The only reason is we might be able to come up with a more exciting name rather than looking like a NXT clone....which of course it is but still..

What happened to "New Economy Movement"?

I thought that sounded awesome.
legendary
Activity: 1106
Merit: 1000
Can the 'no envy movement' part get dropped? too hippyish, imo




agree, it's ok when we fundraise but why hinder it's development after. it comes across as charity rather than a legitimate coin.


It's just a thought but what about changing NEM as well. The only reason is we might be able to come up with a more exciting name rather than looking like a NXT clone....which of course it is but still..
sr. member
Activity: 574
Merit: 250
Can the 'no envy movement' part get dropped? too hippyish, imo

member
Activity: 81
Merit: 10
interested.
"interested" is over, you have to pay some fees and the more you wait, the fees get higher.

In my opinion, when it started almost like a joke, we could try to distribute coins for free but with every 10 page people would have to prove more activities which were done to help this coin.
at first it would be enough if a user could spam discussions about new coin (user would have to prove he made 10 comments etc) and later , in order to get some coins, user would have to make harder tasks - write an article in Forbes or some magazine on  web, show pictires that he made and glued BIG posters in the street, make a video on Youtube etc.
later user must have show picture of him and paper coin on top of mountain/roof of house, etc.
later only developers who program an application for Iphone would get some coin etc

everything could be done only based on your effort, your imagination -
I looked at the original thread and now we are on page 70 https://bitcointalksearch.org/topic/m.4791891 and fees will be higher again but unfortunately it seems more like a long long long list of some "pure" soul(s??) who donate(s?) small amounts of btc from his/her exchange account(s) to another crypto soul (utopianfuture) .

I suggest we should take it more like an experiment, try to make fun of it, maybe it become a viral like DOGE.

If we focus only on financial point of view, we risk that developer utopianfuture become bored , grab the money ( Iam not saying that intends to do it!!, I am just thinking what could happen) and starts to develop other projects because we might end with a few active community members.

We should enjoy this experiment and market it everywhere to make it viral!!! Right now!  Grin  Grin
legendary
Activity: 1240
Merit: 1001
Thank God I'm an atheist
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

This is a good start. Few more ideas:

Provide a meaningful white paper with algorithms description.

Avoid collisions in addresses (a la NXT)

Allow optional message encryption so that only receiver can read it.

Hidden alias addresses for mixing/privacy/identifing customer...

Reserved aliases: only owner of address xxx can register an alias straarting with "xxx_". This allow sharing of any piece of information I desire.
drm
legendary
Activity: 1176
Merit: 1005
My take on the fake accounts "issue":

To gain a 1% share of NXT during ipo:
-Send .22btc from one account

To gain a 1% share of NEM during ipo:
- create 40 accounts
 - You have to actively use each new account for 4+ hours before you can post in the NEM thread.  This means 4x40 = 160 hours of time at computer
- send .4 btc-1 btc OR promote NEM in 40 different places

It's obviously significantly harder and more expensive for someone to gain a 1% share of NEM, compared to NXT

NEM launch is fairer than NXT launch.
- Some people gained a 4.5% share of NXT by sending 1btc at launch

- I highly doubt anyone will create the 180 accounts necessary to gain a 4.5% share of NEM

even though its a hassle to gain a bigger share, its still not what nem stands for..
keep it as fair as possible, and deny the multi-accounts their multi buyin.
And the accounts who claim they also need a stake for their son, grandma, friend, dog and cat...really?

quote from the ANN thread, "Completely Fair Distribution - Equal Shares for ALL"


sr. member
Activity: 299
Merit: 250
[[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.
full member
Activity: 238
Merit: 100
who cares about a fair launch? distribution is important

I suppose some other coin could offer buy in for .0001 BTC per user and just stipulate that each user had to have a BCT.org account with X level of activity on date of ANN in order to be able to get in at .0001 BTC.  Otherwise the price is something like .25 BTC per user.  This would TREMENDOUSLY reduce the number of sockpuppets while still allowing TONS of users to get in.

Then the new users will all be shouting "unfair", but we all know what BCNext said about a world with money not being fair.  Also my momma told me "lifes not fair" many times while growing up...  and still it would be a MUCH wider distribution than NXT was.  Hell, some competent dev could do another coin this way.  It would have a MUCH greater (than NXT) ratio of participation from its members, since all the sockpuppet, friends, grandkids, dogsitters, barbers, etc would not be getting accounts created for them.   This way, only people who have already contributed to the BCT.org community would be eligible, and they would be much more inclined to participate anyways, since they are already contributors.

But Im still here going to support NEM however I can
hero member
Activity: 490
Merit: 504
who cares about a fair launch? distribution is important
newbie
Activity: 56
Merit: 0
My take on the fake accounts "issue":

To gain a 1% share of NXT during ipo:
-Send .22btc from one account

To gain a 1% share of NEM during ipo:
- create 40 accounts
 - You have to actively use each new account for 4+ hours before you can post in the NEM thread.  This means 4x40 = 160 hours of time at computer
- send .4 btc-1 btc OR promote NEM in 40 different places

It's obviously significantly harder and more expensive for someone to gain a 1% share of NEM, compared to NXT

NEM launch is fairer than NXT launch.
- Some people gained a 4.5% share of NXT by sending 1btc at launch

- I highly doubt anyone will create the 180 accounts necessary to gain a 4.5% share of NEM
sr. member
Activity: 299
Merit: 250
I think that would be unfair. I registered on the forum after lurking for a while specifically to join the NEM.
Is it my fault that I'm not a seasoned "crypto enthusiast"?

I already missed the boat on bitcoin, dogecoin, nxt... and now you suggest this 'fair' condition that once again would leave me out?
not cool

im wondering if there should have been a cutoff as in a date to get in on genesis block distribution.  As in, only accounts that were made by a certain date could access the IPO.  Make that date be like the date of post 1 of this thread.


Ditto, I have been a lurker here since last Summer.

(My opinion) What if we made it something along the lines of accounts open before the NEM announcement and/or accounts with an activity of at least X, where X would take some effort for sockpuppet accounts (10+).
sr. member
Activity: 281
Merit: 250
Maybe it's just me , but the symbol makes me think of the $ turned on it's side

Yeah, I was thinking bout that, it is mirrored though not just on it's side. So it's like fiat-currency concurred and turned upside down Grin

                 
newbie
Activity: 52
Merit: 0
What is your take on this: should the coin/logo have the currency code in it? ie. NEM EUR USD CNY etc.
Actually the standard is not to have it. Neither printed money nor bithcoin has it. They are just B and € and so on.

I did update my proposal anyhow if there is need to see "NEM" on the coin. The NEM-code variation on the lower right corner. I may do the 3d too. Doesn't hurt to have variations.

https://bitcointalksearch.org/topic/m.4765437



Nice work ,

Maybe it's just me , but the symbol makes me think of the $ turned on it's side ,

I do like this one : https://www.dropbox.com/sh/jahdbc127www117/jsAdyCd-R4#lh:null-gvans%20nem%20graphic%20bw%20medium%20variation1.png

Vidocq.

member
Activity: 98
Merit: 10
I didn't realize the logo discussion was going on here. Hi everyone Smiley


http://imgur.com/a/u3sWI

I submitted this in lieu of nxt for a regular stakeholder place. It's amateurish, since I don't do graphic design and only have Paint installed right now. Wanted to gauge interest from folks before I spend more time on it, and/or work on a currency symbol. If someone more skilled than me wants to develop the idea further, that's cool too Smiley


EDIT: Here's a simple currency symbol: (Paint encourages me to stay simple and angular  Grin)


http://imgur.com/DgByGOi


You obviously didn't understand the criticism. If this coin is modeled on fairness how is it fair that some people can claim more stake than others?

It may not be fair (depending on what one defines as fair). But then how would one enforce fairness? That's still being experimented with, no one's found a good solution yet. BCNext's 1 BTC cap (with taint analysis) and 2 month "IPO" didn't work. KLONE has an interesting idea, but I think it's too limiting and distorts the founder composition.
sr. member
Activity: 281
Merit: 250
@gvans, I like the newest additions. Do you think the 3D look has longevity for the long term?

Thanks, it's a work in progress. As a matter of fact even any established logo is a work in progress, take for example Shell or any big company. They do update their logo every now and then in their history. http://upload.wikimedia.org/wikipedia/en/thumb/8/88/Logo-shell.jpg/220px-Logo-shell.jpg

My take on 3d is that it's there to attract newcomers and those who are not familiar with cryptos to take a closer look. 3d sure has the bling bling effect to it. But what is even more relevant now is finding one strong timeless symbol for currency to be used everywhere, 3d-designs can come and go. Naturally we may have variations of the symbol too as long as one can recognise it is the same symbol, like handwritten, stylished etc. There is no one way to draw € either but you do know it is € when you see it.
sr. member
Activity: 281
Merit: 250
What is your take on this: should the coin/logo have the currency code in it? ie. NEM EUR USD CNY etc.
Actually the standard is not to have it. Neither printed money nor bithcoin has it. They are just B and € and so on.

I did update my proposal anyhow if there is need to see "NEM" on the coin. The NEM-code variation on the lower right corner. I may do the 3d too. Doesn't hurt to have variations.

https://bitcointalksearch.org/topic/m.4765437

sr. member
Activity: 602
Merit: 268
Internet of Value
Hello I do not see a Y next to my username in the stakeholder list, why is this?

Could you link the post in which you made the registration here, then I will make a correction.
sr. member
Activity: 602
Merit: 268
Internet of Value
Hey I just updated the stakeholder list to page 61. Next update is planned on page 71. You should check to see if you are in the stakeholder list.

The list includes all account names appearing in the registration page but if your name does not have a "Y" in the condition column then you are not qualified since you did not follow the requirements of the page you made a registration. If your account has a "Y" then you are good. Until the next list update, PM me if you see your account does not have a "Y" but you are sure you satisfied the page requirement. I could check and make the necessary corrections.  When I published the next update at page 71, then the list up to page 61 will be final and not up to correction anymore.

Okaynow is added in logo/ currency symbol dev stake list. If you make a logo/ symbol for NEM, you have already reserved a regular stake.  6 dev stakes for branding resources makers are additional rewards. If we have only 6 people making branding resources then they all get the dev stake; but if we have 10 people making branding resources then only the best 6 will be rewarded with an dev stake. These 6 will be voted on by the community before the NEM allocation. Additionally, there will be an reward of 1000 NXT for the best branding package overall.

Thanks for support NEM. Jaguar will outline a few thoughts on NEM development soon.  
member
Activity: 110
Merit: 10
We bow in its aura
I think that people with multiple stakes will be more opened to initial selling for low prices, because they will feel that they are still good if they keep only one or two stakes for later. People with only one stake will be probably keeping it. So distribution shouldnt be bad.
Important think is to make it more known, we need more unique people, so more brains will be working on future success of NEM.
Everyone should make announcement on boards he is visiting.
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