NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1175.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: lcharles123 on April 17, 2015, 01:44:02 PM

Quote from: mrvegad on April 04, 2015, 05:33:03 PM

Quote from: gimre on April 04, 2015, 04:52:48 PM

Quote from: mrvegad on April 04, 2015, 04:01:56 PM

Quote from: g3rszpi on April 04, 2015, 03:58:50 PM

Quote from: Eadeqa on April 04, 2015, 03:57:38 PM

Quote from: mrvegad on April 04, 2015, 03:20:03 PM

Question for discussion:

Should exchanges be allowed to harvest?

You can't stop anyone from harvesting. Each account makes it's own decision

From what i know from some poloniex mods, their contract prohibits harvesting

If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting

It's their call no one can stop them. Although I must say I wouldn't do that...

If they really do, I hope they're doing it on some separate node, not on the node they use for getting information.

So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees.

People hate banks for the profits they make off us but I guess it's ok for exchanges.

Well, this is a problem.
Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok?
it is possible attack the network with a significant amount of PoI?

Of course it's possible to attack the network if you have a higher POI score then the rest of the harvesters combined.
I mean I'm not a dev but I don't see why this would be different for POI than for POS, PoW or any other system.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: lcharles123 on April 17, 2015, 02:37:27 PM

Quote from: punkrock on April 17, 2015, 02:03:02 PM

Quote from: lcharles123 on April 17, 2015, 01:44:02 PM

Quote from: mrvegad on April 04, 2015, 05:33:03 PM

Quote from: gimre on April 04, 2015, 04:52:48 PM

Quote from: mrvegad on April 04, 2015, 04:01:56 PM

Quote from: g3rszpi on April 04, 2015, 03:58:50 PM

Quote from: Eadeqa on April 04, 2015, 03:57:38 PM

Quote from: mrvegad on April 04, 2015, 03:20:03 PM

Question for discussion:

Should exchanges be allowed to harvest?

You can't stop anyone from harvesting. Each account makes it's own decision

From what i know from some poloniex mods, their contract prohibits harvesting

If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting

It's their call no one can stop them. Although I must say I wouldn't do that...

If they really do, I hope they're doing it on some separate node, not on the node they use for getting information.

So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees.

People hate banks for the profits they make off us but I guess it's ok for exchanges.

Well, this is a problem.
Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok?
it is possible attack the network with a significant amount of PoI?

It's always a bad idea to leave your crypto's at exchanges for more time than you need to. People should know this. See my signature and you know what I mean.

Unfortunately this is a necessary evil. Is have no another marketplace better than Exchanges.
I lost that amount in Bter.

No it's not a necessary evil. Why would it be necessary for anyone to leave any coin on an exchange ?
If you want to sell something deposit the amount you want to sell on an exchange. Keep the rest in your wallet.

It's really baffling that people still keep coins on exchanges. How many compromised exchanges does it take for people to learn ? I guess always 1 more.

klintay

legendary

Activity: 1775

Merit: 1032

Value will be measured in sats

Is the NIS down? since the update I can't connect Sad

yshin365new

sr. member

Activity: 289

Merit: 250

NEM is... Never Ending Money.

DenisZabar

sr. member

Activity: 614

Merit: 254

Quote from: jabo38 on April 17, 2015, 08:10:25 PM

Quote from: DenisZabar on April 17, 2015, 08:06:43 PM

trying to start delegated harvesting but gettingthis error :

ERROR 700

The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

I have 300000 XEM in my wallet.

You get vested at 10% a day so tomorrow at this time you will have 30,000 vested and can harvest on that. The day after you'll have 57,000 vested and so on.

Thanks, for now i have 0 wasted. I will wait.

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Quote from: DenisZabar on April 17, 2015, 08:06:43 PM

trying to start delegated harvesting but gettingthis error :

ERROR 700

The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

I have 300000 XEM in my wallet.

Also, please try to make sure you have the latest update.

Quote from: BloodyRookie on April 15, 2015, 01:28:45 PM

New version 0.6.28 available in our forum:

https://forum.ournem.com/technical-discussion/nem-beta-0-6-28/

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Quote from: DenisZabar on April 17, 2015, 08:06:43 PM

trying to start delegated harvesting but gettingthis error :

ERROR 700

The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

I have 300000 XEM in my wallet.

You get vested at 10% a day so tomorrow at this time you will have 30,000 vested and can harvest on that. The day after you'll have 57,000 vested and so on.

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Quote from: klintay on April 17, 2015, 09:49:58 AM

we need to be listed on this:

"Genesis Trading, a wholly owned subsidiary of Digital Currency Group (DCG), allows investors to buy and sell large blocks of digital currencies, including bitcoin, litecoin and ripple, and follows strict AML/KYC procedures, according to O'Connor."

http://cointelegraph.com/news/113988/first-licensed-digital-currency-broker-dealer-genesis-trading-launches-in-the-us

This is pretty exiting news.

Before if a billionaire in Europe wanted to play around with Bitcoin and pick up a million dollars worth he has to buy them on Local Bitcoins or buy through some unregistered exchange in a shifty country.

Now that guy can pick up the coin through a fairly recognized and safe channel that speaks his language.

T - 10 and counting.

DenisZabar

sr. member

Activity: 614

Merit: 254

trying to start delegated harvesting but gettingthis error :

ERROR 700

The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

I have 300000 XEM in my wallet.

yshin365new

sr. member

Activity: 289

Merit: 250

Quote from: lcharles123 on April 17, 2015, 01:44:02 PM

Quote from: mrvegad on April 04, 2015, 05:33:03 PM

Quote from: gimre on April 04, 2015, 04:52:48 PM

Quote from: mrvegad on April 04, 2015, 04:01:56 PM

Quote from: g3rszpi on April 04, 2015, 03:58:50 PM

Quote from: Eadeqa on April 04, 2015, 03:57:38 PM

Quote from: mrvegad on April 04, 2015, 03:20:03 PM

Question for discussion:

Should exchanges be allowed to harvest?

You can't stop anyone from harvesting. Each account makes it's own decision

From what i know from some poloniex mods, their contract prohibits harvesting

If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting

It's their call no one can stop them. Although I must say I wouldn't do that...

If they really do, I hope they're doing it on some separate node, not on the node they use for getting information.

So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees.

People hate banks for the profits they make off us but I guess it's ok for exchanges.

Well, this is a problem.
Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok?
it is possible attack the network with a significant amount of PoI?

POI is not in percent but in permyriad.
Their POI is not 10.12 percent but 10.12 permyriad.
And 10.12 permyriad = 0.1012 percent.

greentea

legendary

Activity: 1418

Merit: 1002

Some questions on the reddit thread of someone wants to answer?
http://www.reddit.com/r/OurNEM/comments/32yevb/max_number_of_harvesters_on_server_please_try/

Max number of harvesters on server, please try again later
What is the max number of harvesters allowed on NEM servers?
Also, this is a distributed blockchain platform, so I was surprised to see this message. Is NEM running on a few centrally controlled servers until post BETA where the development team will release the client software package to run on client and node PCs? Or will NEM core always be partly run on local servers?

lcharles123

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