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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1308. (Read 2985503 times)

full member
Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
I got the answer from NEM's Newsletter archives previously.

Did you guys had a look? I don't remember how much 0.1 NEMStake would be, else I could help you guys. Smiley

Better get it sorted through NEM's Newsletters. Don't believe anybody else.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Quote

How many coins will each stakeholder get?

NEM will have a maximum of 8,999,999,999 coins, all distributed with the genesis block. Each NEM coin will be divisible to 6 figures (i.e. the smallest amount of NEM is 0.000001 NEM). The total supply will be distributed as follows:

71% - distributed to stakeholders on the final stakeholder list.
10% - reserved for the core development team to fund development of the NCC and NIS up to the release of V.1 of the blockchain.
10% - reserved for the core development team to fund development of the NCC and NIS after the release of V.1 of the blockchain.
5% - reserved for the extended development team; those who are working on promoting NEM and the NEM ecosystem.
4% - auctioned off at a later date.


Can anyone answer this question correctly? I have been looking for 30 mins.

I've been wondering this too. It's proven quite hard to keep up with the developments.
sr. member
Activity: 378
Merit: 250
Quote

How many coins will each stakeholder get?

NEM will have a maximum of 8,999,999,999 coins, all distributed with the genesis block. Each NEM coin will be divisible to 6 figures (i.e. the smallest amount of NEM is 0.000001 NEM). The total supply will be distributed as follows:

71% - distributed to stakeholders on the final stakeholder list.
10% - reserved for the core development team to fund development of the NCC and NIS up to the release of V.1 of the blockchain.
10% - reserved for the core development team to fund development of the NCC and NIS after the release of V.1 of the blockchain.
5% - reserved for the extended development team; those who are working on promoting NEM and the NEM ecosystem.
4% - auctioned off at a later date.


Can anyone answer this question correctly? I have been looking for 30 mins.
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
NEM launch countdown timer: 31 March 2015 - at 19:00 UTC.


Going to be Wednesday, 1 April 2015, 04:00 AM (GMT+9) here in Korea where I currently reside. Same for Japan. So... makoto, are you going to stay up late or get up early in the morning to enjoy your launch? Grin

& April 1st for New Zealand and Australia too

Launch is 4 AM on 4/1 in Japan. I am not sure if I should wake up early or what, tbh. I want to set up a lot of nodes to help us to have a healthy network, so I plan to get those ready before I go to sleep, then I will just wake up and start things up.
legendary
Activity: 1568
Merit: 1002
150 satoshis each NEM.

someone is looking to buy in! Wink

im guessing >400 sat first trade rising to >600 sat with in a day or two..

I think it depends on first week marketing. If no marketing is done at all we can expect around 500 Satoshi

oh... have no doubt.. marketing will be done.. Wink
hero member
Activity: 504
Merit: 500
150 satoshis each NEM.

someone is looking to buy in! Wink

im guessing >400 sat first trade rising to >600 sat with in a day or two..

I think it depends on first week marketing. If no marketing is done at all we can expect around 500 Satoshi
hero member
Activity: 504
Merit: 500
NEM launch countdown timer: 31 March 2015 - at 19:00 UTC.


glad to see ...keep up the good work!
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
can it repeat the destiny of CommunityCoin?
Not likely. Much more popular project, much more effort already invested

NEM definitely deserves top 10 status.

I think people are low balling on the price.

Even all th Dolphins of NEM put together dont even equal a whale of another coin.

Everyone thinks there will be dumping, but I actually think most people will hold.

Nobody wants to be the guy that dumped their NEMstake that in a few years from now is worth a million dollars.

That fact is in all of our minds.

The only people that really dump are sock puppets and dirty devs, neither of which apply to NEM.
hero member
Activity: 644
Merit: 500
can it repeat the destiny of CommunityCoin?
Not likely. Much more popular project, much more effort already invested
full member
Activity: 153
Merit: 107
Glad to know exact NEM start datetime. It looks much better than others.
It is just speculation thought. NEM can take place between Qora and NXT easily. NEM is the project with the same functionality, but it has a better initial distribution and brand new source codebase.
Due to community had recieved free stakes, can it repeat the destiny of CommunityCoin?
legendary
Activity: 1568
Merit: 1002
This may have been answered already, but how many XEM will each stakeholder start with? At one point it was 1M, but that was when the coin supply was though to be 4B...

total XEM has increased to 8,999,999,999 and there will be 2,250,000 XEM in each stake. Smiley
full member
Activity: 163
Merit: 100
This may have been answered already, but how many XEM will each stakeholder start with? At one point it was 1M, but that was when the coin supply was though to be 4B...
hero member
Activity: 588
Merit: 500
I cannot open the 7890 port. Does it mean I wont be able to harvest?

AFAIK you can still harvest even without port 7890 open.
hero member
Activity: 1134
Merit: 502
I cannot open the 7890 port. Does it mean I wont be able to harvest?
legendary
Activity: 1568
Merit: 1002
I have a question, i have here on a sheet of paper my adress, and keys (also private key).

My question is: The adress wich begin with an "N", does it contain 0 (zero) or the letter "O".

And what are the O or 0 ´s in the private and public keys. Please explain, thank you!


maruosch

should have been asking this a long time ago.

you should be able to tell the difference between the 0 and o in the private key the same way you can tell the difference reading this post. in the address it should be the same, only the "o" is capital like O.. compared to 0.. you can still see the difference so you shouldnt have a problem telling the difference.. 0 is a zero, o is letter o.. O is just capital o... Cheesy

pro tip: when writing down a private key, underline all the numbers when writing it down. that way you will never get confused between o and 0..

The private key is hex encoded: there is ONLY a 0(zero) possible (No O or o letter in the private key)  see http://en.wikipedia.org/wiki/Hexadecimal
The address is base32 encoded: there is ONLY an O (Letter O) possible (No zero in the Address) see http://en.wikipedia.org/wiki/Base32

ah.. good to know.. i didnt realise this.. thanks for correcting me!! Smiley
newbie
Activity: 26
Merit: 0
I have a question, i have here on a sheet of paper my adress, and keys (also private key).

My question is: The adress wich begin with an "N", does it contain 0 (zero) or the letter "O".

And what are the O or 0 ´s in the private and public keys. Please explain, thank you!


maruosch

should have been asking this a long time ago.

you should be able to tell the difference between the 0 and o in the private key the same way you can tell the difference reading this post. in the address it should be the same, only the "o" is capital like O.. compared to 0.. you can still see the difference so you shouldnt have a problem telling the difference.. 0 is a zero, o is letter o.. O is just capital o... Cheesy

pro tip: when writing down a private key, underline all the numbers when writing it down. that way you will never get confused between o and 0..

The private key is hex encoded: there is ONLY a 0(zero) possible (No O or o letter in the private key)  see http://en.wikipedia.org/wiki/Hexadecimal
The address is base32 encoded: there is ONLY an O (Letter O) possible (No zero in the Address) see http://en.wikipedia.org/wiki/Base32
legendary
Activity: 1568
Merit: 1002
150 satoshis each NEM.

someone is looking to buy in! Wink

im guessing >400 sat first trade rising to >600 sat with in a day or two..
member
Activity: 334
Merit: 10
Global Trans-Fee Mining Exchange
150 satoshis each NEM.
legendary
Activity: 1568
Merit: 1002
Thank you, so it is possible, that my adress do not contain any zeros "0", but only consists of several letter "O"?

yes it is very possible.. my account does not have any zeros in the address.
sr. member
Activity: 279
Merit: 250
How many satoshis do you think nem will be trading at tomorrow? I'm guessing 1 xem = 500 satoshis right from the start then a slow increase the days following.
Somewhere between 300 and 500 my sensible guess but hoping for better. Difficult to predict the initial demand vs initial dumpers battle, could be way more volatile than that but I'm hodling onto mine for some time to come so it will be a spectator sport for me.
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