Further, it is a bid. So, you already know how much and therefore how many coins you are going to get.
This statement is incorrect for some kinds of crowdsales.
Please explain. Otherwise, it is a meaningless statement.
Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1027. (Read 2985436 times)
September 06, 2015, 08:34:50 AM
This statement is incorrect for some kinds of crowdsales.
Please explain. Otherwise, it is a meaningless statement.
September 06, 2015, 08:27:44 AM
Further, it is a bid. So, you already know how much and therefore how many coins you are going to get.
This statement is incorrect for some kinds of crowdsales.
September 06, 2015, 08:22:01 AM
How does transparency work in an AE crowdsale if the issuer is a scammer?
Transparency gives a way to make sure that noone gets more Y coins than he paid in X.
That in itself is a scammer at work. Makes no difference with or without AE. Further, it is a bid. So, you already know how much and therefore how many coins you are going to get. I see no logic with the transparency coming into play on an issue that does not seem to correlate.
Edit: I am referring to the original discussion about the use of an exchange vis-a-vis an AE. My contention is AE brings more bad than good, especially to the name of the platform, e.g., Nxt has created a bad name, not because of Nxt itself, but the scammy picture brought on by the AE.
September 06, 2015, 03:55:17 AM
What can't existing exchanges do that AE can do other than anonymity?
Transparency.
Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
How does transparancy bring out scammers ? That sounds like an oxymoron.
I totally agree that the AEs we've seen so far are scammers paradise I just don't see how transparancy contributes to that.
Nobody talked about transparency bringing out Scammers. What I said was clearly this - "So what if it is transparent. In AE, you find scammers anyway, transparent or not."
So, basically, AE does not work, transparent or not. AE brings more bad than good with Scammers. In other words, transparency is irrelevant, even if it is there.
True transparency is like what Makoto said, KYC and a few other implementations. Other than that, it is only a transparency of transactions, which is what CFB is saying. My contention, big deal, and why need an AE?
That sentence indeed doesn't suggest you said transparancy brings in scammers.
However what I quoted did suggest it. To me at least. You didn't say anything clearly which is why I asked.
September 06, 2015, 03:52:00 AM
How does transparency work in an AE crowdsale if the issuer is a scammer?
Transparency gives a way to make sure that noone gets more Y coins than he paid in X.
September 06, 2015, 03:47:23 AM
Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
Transparency of a crowdsale is a must. Imagine if XEM were distributed in a non-transparent manner...
How does transparency work in an AE crowdsale if the issuer is a scammer?
September 06, 2015, 03:40:31 AM
What can't existing exchanges do that AE can do other than anonymity?
Transparency.
Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
How does transparancy bring out scammers ? That sounds like an oxymoron.
I totally agree that the AEs we've seen so far are scammers paradise I just don't see how transparancy contributes to that.
Nobody talked about transparency bringing out Scammers. What I said was clearly this - "So what if it is transparent. In AE, you find scammers anyway, transparent or not."
So, basically, AE does not work, transparent or not. AE brings more bad than good with Scammers. In other words, transparency is irrelevant, even if it is there.
True transparency is like what Makoto said, KYC and a few other implementations. Other than that, it is only a transparency of transactions, which is what CFB is saying. My contention, big deal, and why need an AE?
September 06, 2015, 12:27:42 AM
Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
Transparency of a crowdsale is a must. Imagine if XEM were distributed in a non-transparent manner...
You can only have transparency by doing proper KYC techniques. For example, to confirm identity in Japan you have to send registered mail to a person's house and they have to sign for it to confirm. Without going to that extent, you cannot claim transparency (or a fair distribution) in a crowd sale.
Of course it is not reasonable to go to that extent, so it depends on what the goals are. You mentioned doing proof-of-work mining before, but even then some people have more computers than others. I know for a fact that rockethead owns something like 10x more computers than me. However, if I used access to computational clusters at the university, I could gain hundreds of times more computational power than the average person.
September 05, 2015, 11:39:26 AM
What can't existing exchanges do that AE can do other than anonymity?
Transparency.
Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
How does transparancy bring out scammers ? That sounds like an oxymoron.
I totally agree that the AEs we've seen so far are scammers paradise I just don't see how transparancy contributes to that.
September 05, 2015, 11:34:36 AM
Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
Transparency of a crowdsale is a must. Imagine if XEM were distributed in a non-transparent manner...
September 05, 2015, 11:24:32 AM
I am not sure if anyone has sold anything for XEM yet. I would like to take this change and offer the first asset for XEM: Amazon, iTunes, AppStore Gift cards.
You can find details here in NEM forum: https://forum.nem.io/t/wts-amazon-appstore-itunes-gift-cards/1447/1
You can find details here in NEM forum: https://forum.nem.io/t/wts-amazon-appstore-itunes-gift-cards/1447/1
September 05, 2015, 10:59:16 AM
What can't existing exchanges do that AE can do other than anonymity?
Transparency.
Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
September 05, 2015, 10:53:58 AM
Crowdsale=selling an asset/token for X-value. So, don't understand what you mean by a bid order.
There are different schemes of crowdsales, some of them require ability to place bid orders.
That would be an Asset Exchange with messaging bid. We don't have one now, so can't comment, although we don't think it is difficult if we ever have one.
September 05, 2015, 03:41:29 AM
I activated your account. Just use the "forgot password" function to reset your password. Then you should be good to go.
Thanks for the help!
Everything is fine now
I'm good to go!
September 05, 2015, 03:18:22 AM
Hello.
Do I need to register a new account there to be able to do that?!
Maybe you can help. Please check my post:
https://forum.ournem.com/forum-discussion/'(nem-forum)-activate-your-new-account'/msg18164/#msg18164
I just sent you a new activation links. It's only valid 24h.
Thanks!
But it seems that the problem is still present:
Code:
Sorry, this account confirmation link is no longer valid.
Perhaps your account is already active?
I don see myself in the user list on the new forum!
Maybe we should deal with this in one place
https://forum.ournem.com/forum-discussion/'(nem-forum)-activate-your-new-account'/msg18164/#msg18164
Thanks.
I activated your account. Just use the "forgot password" function to reset your password. Then you should be good to go.
September 05, 2015, 03:02:16 AM
Hello.
Do I need to register a new account there to be able to do that?!
Maybe you can help. Please check my post:
https://forum.ournem.com/forum-discussion/'(nem-forum)-activate-your-new-account'/msg18164/#msg18164
I just sent you a new activation links. It's only valid 24h.
Thanks!
But it seems that the problem is still present:
Code:
Sorry, this account confirmation link is no longer valid.
Perhaps your account is already active?
Perhaps your account is already active?
I don see myself in the user list on the new forum!
Maybe we should deal with this in one place
https://forum.ournem.com/forum-discussion/'(nem-forum)-activate-your-new-account'/msg18164/#msg18164
Thanks.
September 05, 2015, 02:56:27 AM
Important Forum Announcement
Hi Everyone,
I have some news about the forum. Patmast3r worked really hard to get us migrated, writing a script from scratch.
The users and posts from the old forum have been migrated over to forum.nem.io, and ...
Here are somethings you need to know.
Your old password won't work.
You should have been sent an email in the last 24 hours with a link to activate your account at the new forum.
Please follow that link, and gaining access to your account ....
Hi Everyone,
I have some news about the forum. Patmast3r worked really hard to get us migrated, writing a script from scratch.
The users and posts from the old forum have been migrated over to forum.nem.io, and ...
Here are somethings you need to know.
Your old password won't work.
You should have been sent an email in the last 24 hours with a link to activate your account at the new forum.
Please follow that link, and gaining access to your account ....
Hello.
Do I need to register a new account there to be able to do that?!
Maybe you can help. Please check my post:
https://forum.ournem.com/forum-discussion/'(nem-forum)-activate-your-new-account'/msg18164/#msg18164
I just sent you a new activation links. It's only valid 24h.
September 05, 2015, 02:53:16 AM
Important Forum Announcement
Hi Everyone,
I have some news about the forum. Patmast3r worked really hard to get us migrated, writing a script from scratch.
The users and posts from the old forum have been migrated over to forum.nem.io, and ...
Here are somethings you need to know.
Your old password won't work.
You should have been sent an email in the last 24 hours with a link to activate your account at the new forum.
Please follow that link, and gaining access to your account ....
Hi Everyone,
I have some news about the forum. Patmast3r worked really hard to get us migrated, writing a script from scratch.
The users and posts from the old forum have been migrated over to forum.nem.io, and ...
Here are somethings you need to know.
Your old password won't work.
You should have been sent an email in the last 24 hours with a link to activate your account at the new forum.
Please follow that link, and gaining access to your account ....
Hello.
Do I need to register a new account there to be able to do that?!
Maybe you can help. Please check my post:
https://forum.ournem.com/forum-discussion/'(nem-forum)-activate-your-new-account'/msg18164/#msg18164
September 04, 2015, 08:23:48 PM
Is it possible to do a crowdsale on NEM? I need ability to attach a message to a bid order.
You can attach messages to mosaic transfers, so that is one way to do what you want.
At some point there will be a decentralized mosaic exchange (ME), but not for this first version.
September 04, 2015, 01:15:32 PM
What can't existing exchanges do that AE can do other than anonymity?
Transparency.
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