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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1028. (Read 2985436 times)

legendary
Activity: 2142
Merit: 1010
Newbie
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.
legendary
Activity: 1059
Merit: 1016
You mean like on a "traditional" AE ?
I suppose you could do a crowdsale but afaik - at least initially - there are no orders on mosaics so you'd have to announce the price then people would send you that amount with your desired message attached and you would then send them whatever it is your selling (represented by an asset). I guess these things are not what mosaics is designed for at it's core. It would prob be trivial to stick a "crowdsale script" onto the API that does the trading automatically though.
That's how I understand it at least but afaik there hasn't been any release of detailed information so take it with a grain of salt.

IIRC NEM had AE since the release... Not sure though...

It is not the most important thing just yet. We are taking emphasis on real world application priorities first. Personally speaking NXT has demonstrated this is doable but it does not show feasibility. In fact it appears to bring a bad name to the initiative than good.

What can't existing exchanges do that AE can do other than anonymity?
legendary
Activity: 1059
Merit: 1016
Is it possible to do a crowdsale on NEM? I need ability to attach a message to a bid order.

Crowdsale=selling an asset/token for X-value. So, don't understand what you mean by a bid order.
legendary
Activity: 2142
Merit: 1010
Newbie
You mean like on a "traditional" AE ?
I suppose you could do a crowdsale but afaik - at least initially - there are no orders on mosaics so you'd have to announce the price then people would send you that amount with your desired message attached and you would then send them whatever it is your selling (represented by an asset). I guess these things are not what mosaics is designed for at it's core. It would prob be trivial to stick a "crowdsale script" onto the API that does the trading automatically though.
That's how I understand it at least but afaik there hasn't been any release of detailed information so take it with a grain of salt.

IIRC NEM had AE since the release... Not sure though...
hero member
Activity: 980
Merit: 1001
Is it possible to do a crowdsale on NEM? I need ability to attach a message to a bid order.

You mean like on a "traditional" AE ?
I suppose you could do a crowdsale but afaik - at least initially - there are no orders on mosaics so you'd have to announce the price then people would send you that amount with your desired message attached and you would then send them whatever it is your selling (represented by an asset). I guess these things are not what mosaics is designed for at it's core. It would prob be trivial to stick a "crowdsale script" onto the API that does the trading automatically though.
That's how I understand it at least but afaik there hasn't been any release of detailed information so take it with a grain of salt.
legendary
Activity: 2142
Merit: 1010
Newbie
Is it possible to do a crowdsale on NEM? I need ability to attach a message to a bid order.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Bloody Rookie found one more small error in Mosaics today with spaces in names.  But other than that it is looking good. 
hero member
Activity: 588
Merit: 500
NEM ....best currency distribution ever ...!!!!!!!
Roughly 70 people have already activated their accounts on the new forum. Go activate yours now !


this is good.......!!!!!  Yup ,please activate peoples !!!!!!
hero member
Activity: 588
Merit: 500
NEM ....best currency distribution ever ...!!!!!!!
http://blockexplore.in/search/richlist/

Fact is NEM is only growing by some 10 addresses a week and addresses are not people and this upswing was probably due to the faucet.    No time to deal with exact numbers but the approximation is a doubling of addresses will take up to 3.5 years at the current rate.

You paid Xtester 20 million XEM
You paid kodtycoon 10 million XEM
You paid a lot of "marketers" a lot of XEM.  


Where are the results?  Where is the adoption?  Where is the marketing?  The advertising?


Many of the people who were paid the most for marketing did the least of what ever marketing there was.  Translations are essential marketing, some people spent hour(s) on them and yet many translators were paid less than 1 stake and some weren't even paid at all.   Huh    

 Yet we had someone like Xtester who was paid 20 million XEM and many can testify he was a terrible moderator (he let CfA spam all day and was inactive for weeks at a time) and no forum moderator in the world, even a competent one, even deserves more than a single stake..


How you guys handled this reward for marketing, which was cronyism, implies that NEM is being ran by dangerous management.  

A) How can an investor knowingly invest into NEM if they knew these facts?  If you give the developers money, will they just give it away to friends and relatives?  Dangerous I'ld say.

B)  Because of cronyism - nobody new to NEM has incentive to contribute.  Why bust your butt so some figurehead marketer, who does nothing, gets 10x more than you?   New economy is oddly starting to look like old economy of cronyism and corruption..


Tut tut JBC, Tuan, Ivan and Sirkos, Tuansew......appears you suffer from 'impatience' like so many others. I do wish you could use even 10 % of your undoubted energies/ abilities to benefit rather than hinder.

P.s. Thanks for the rich list link........it clearly shows that all the big accounts are Funds set up for the benefit of NEM.
hero member
Activity: 980
Merit: 1001
Roughly 70 people have already activated their accounts on the new forum. Go activate yours now !
legendary
Activity: 2142
Merit: 1010
Newbie
Thank you, guys.
hero member
Activity: 980
Merit: 1001
Has anyone reviewed PoI yet? My first feeling was that PoI would likely not work as intended but I had no time to analyze its complex construction. Maybe there is a paper that explains PoI in a reader-friendly manner.

Welcome back from the beyond.

An econ prof here in Japan is reviewing PoI now. However, for  Nakamoto consensus mechanisms to work, you need:

1) a probability distribution that everyone shares
2) that distribution cannot be arbitrarily controllable

If you have those two properties, you are safe, and PoI satisfies both.

There's also this http://nem.io/NEM_techRef.pdf with a section dedicated to POI.
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
Has anyone reviewed PoI yet? My first feeling was that PoI would likely not work as intended but I had no time to analyze its complex construction. Maybe there is a paper that explains PoI in a reader-friendly manner.

Welcome back from the beyond.

An econ prof here in Japan is reviewing PoI now. However, for Nakamoto consensus mechanisms to work, you need:

1) a probability distribution that everyone shares
2) that distribution cannot be arbitrarily controllable

If you have those two properties, you are safe, and PoI satisfies both.
legendary
Activity: 2142
Merit: 1010
Newbie
Has anyone reviewed PoI yet? My first feeling was that PoI would likely not work as intended but I had no time to analyze its complex construction. Maybe there is a paper that explains PoI in a reader-friendly manner.
full member
Activity: 177
Merit: 100
Nordway
if xem doesn't occupy share in market that this coin is doomed to death. share in market has to be in a constant gain of users and in a constant gain of services. where it is possible to pay by means of xem. meanwhile we see only work in field of innovations. there is a wish to ask a question to devs: involvement of users, creation of services, and occupation of certain share in market, it when you will have everything according to plan? we can build a century rocket but if there are no passengers on it that it and won't depart never.

increasing share in market and to occupy niche- this main thing.
full member
Activity: 177
Merit: 100
Nordway
can refuse market value? to ask exchanges to clean xem and to look for other approach of pricing through exchange offices who exchange cryptocurrencies. xem is necessary to nobody. same it is obvious. and when the coin is necessary to nobody that price will fall at exchanges to lowest price. if to refuse exchanges that we will get rid of speculators who press price down. exchange offices who changes xem for money only have to be but not exchanges. you know why? so we will see real demand but not speculative. if of course we see as people having tons coins don't know where and on what to spend them. any service it wasn't connected. even pathetic cellular communication can't be paid by means of xem anywhere. nothing can be paid by means of xem.
sr. member
Activity: 313
Merit: 252
We are going through tough time, however we still do continue supporting NEM and Makoto. It doesn't matter how NEM is currently doing in the market in comparison to other coins. It should be clear for everyone at this moment that NEM didn't start yet. Today we just have the base foundation where tons of features will be added each now and then. The fact that Makoto is now working full time for NEM should make us more confident than ever about the progress of releasing critical NEM features such as mosaics.

The majority of alt coins that have high daily trading volume are mainly offering mixing functionalities that would enable dark markets and dark money. We are happy to see NEM moving slowly "but steady" away from such dark functionalities. Other alt coins that are doing pretty well today are not even alt coins but platforms that takes block chain technology to the next step in the same manner NEM is but in different direction. These are mainly Ethereum and MaidSafe. You can't compare Ethereum to Maidsafe nor to NEM. These are all block chaining innovations in totally different direction and with totally different approach.

NEM success will come to the ease of use of the to be released future features in addition to the mobile apps. I personally do believe that NEM more than any other block chaining technology can easily enable average users with very limited if not no knowledge at all about cryptos.

Makoto if you are reading this please know that we trust in your abilities to make this happen in the very near future.


legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Thanks!  

Your sites look really good too.

NEM is starting to get a better style.
member
Activity: 97
Merit: 10
It looks really good, well done ! Smiley
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
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 some of you might have already noticed emails coming in for the new forum.  The new forum will be much easier to maintain and update and uses a conversation styled theme.  It takes a little bit getting use to but I think most people will find it much better.  This style of theme is called Discourse and is gaining in popularity among forums. There are now social logins, reply to a post via email, drag and drop attachments, better search, as well as many other improvements.  

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 please navigate to your Profile -> Preferences -> Send Password Reset Email.  You will be sent another email that will allow you to reset your password.  After that you will have full control of your account again and can customize your profile page, or start to post.  

Also, PMs from the old forum and attachments made to posts didn't get merged, so if there is any data that is important to you in those categories, it must be manually backed up.
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