Another question. My name used to be on this list showing me as registered, after I put in the token that we got from patmast3r https://chain.nem.ninja/stakes/registered
I book marked it, but now I don't see my name. What have I missed?
Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1559. (Read 2985369 times)
November 05, 2014, 02:37:40 AM
November 05, 2014, 02:33:20 AM
I haven't been on in over a week due to so much work. I have the Beta, how can I get some NEM? When will step 3 happen? https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FXWmcoba.png&t=544&c=6xeuNoKbvSzH0w
November 05, 2014, 01:54:26 AM
I am pretty sure I am the 100th person asking this, but I have been off for 3+ months, so
my stake was on the NXT exchange. what should I do?
my stake was on the NXT exchange. what should I do?
Check this out: https://medium.com/@xtester/updated-phase-2-redemption-guide-401e63b43344
Deadline for redemption is Nov. 22.
November 05, 2014, 01:46:58 AM
I am pretty sure I am the 100th person asking this, but I have been off for 3+ months, so
my stake was on the NXT exchange. what should I do?
my stake was on the NXT exchange. what should I do?
November 04, 2014, 11:13:10 PM
I finally figured it out! 
I have successfuly registered my stake!
I have successfuly registered my stake!Me too. It's pretty awesome to see my name on that list
November 04, 2014, 09:26:37 PM
I finally figured it out! I have successfuly registered my stake!
I have successfuly registered my stake! November 04, 2014, 09:06:25 PM
Hello there
Question : I have 1 BTT Token and AE Nem Stake
I need to create one real nem address for both? Or i have to create one address for each of them?
I think one for both is fine Question : I have 1 BTT Token and AE Nem Stake
I need to create one real nem address for both? Or i have to create one address for each of them?
Oki doki
November 04, 2014, 08:44:31 PM
Who has the 32.4 stakes 4sale at 50k? I wonder does he know about the redemption process?
Sssshhhhhh......dont tell him......you dont want trolls to think we are being informative do you...? Lol....
just a joke. more people will be good for the community.
They have until November 22. Like two weeks of trading left on the AE.
November 04, 2014, 08:27:56 PM
Hello there
Question : I have 1 BTT Token and AE Nem Stake
I need to create one real nem address for both? Or i have to create one address for each of them?
Question : I have 1 BTT Token and AE Nem Stake
I need to create one real nem address for both? Or i have to create one address for each of them?
November 04, 2014, 08:26:15 PM
Who has the 32.4 stakes 4sale at 50k? I wonder does he know about the redemption process?
Sssshhhhhh......dont tell him......you dont want trolls to think we are being informative do you...? Lol....
just a joke. more people will be good for the community.
November 04, 2014, 07:23:21 PM
Monkey test result 1;
I just received NEM from Martismartis. I guess my NEM needs some confirmations to Harvest.
How much?
Quote
Oops!
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of NEMs within the account. Harvesting starts with at least 1000 NEM.
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of NEMs within the account. Harvesting starts with at least 1000 NEM.
I just received NEM from Martismartis. I guess my NEM needs some confirmations to Harvest.
How much?
Depends on the amount of NEM you got. After 24 hours 10% of your NEM have vested. The vested amount must be bigger than 10K NEM to start harvesting.
how long does it take for the rest to be vested?
infinite time
More precise: http://www.wolframalpha.com/input/?i=plot+y%28x%29%3D1+-+%289%2F10%29^x%2C+0%3Cx%3C60
0=not vested at all, 1=fully vested
hhmmm interesting.. is that a way to prevent anyone from gaining 51% of importance or something?
so say, to keep it simple, me and you both had 49% and 51% of the coins respectively.. at block one would that mean we have 49% and 51% importance score? or would it be less due to the fact that some coins cannot be vested? im just trying to think why such a thing would be implemented and all i can think is that it is to make it impossible to gain enough importance to attack the network.. or atleast make it leagues more difficult..
the way i see it working (in very simple terms), would be say i want 51% of the forging power in nxt.. (a) i would have to acquire 51% of the coins that are being used to forge.. but if that formula was used so that i never get the full forging power for all my coins (b) i would actually need > 51% in order to command 51%. so i would need to buy (a lot?) more coins in (b) then i would in (a) to perform the exact same attack raising the difficulty of the attack and lowering the odds of success perhaps by an order of magnitude depending on the number of total/extra coins needed..?
am i close to what this is for or how/why its been used?
Building importance costs money + time
As well as interactions with others. November 04, 2014, 06:03:31 PM
hhmmm interesting.. is that a way to prevent anyone from gaining 51% of importance or something?
so say, to keep it simple, me and you both had 49% and 51% of the coins respectively.. at block one would that mean we have 49% and 51% importance score? or would it be less due to the fact that some coins cannot be vested? im just trying to think why such a thing would be implemented and all i can think is that it is to make it impossible to gain enough importance to attack the network.. or atleast make it leagues more difficult..
the way i see it working (in very simple terms), would be say i want 51% of the forging power in nxt.. (a) i would have to acquire 51% of the coins that are being used to forge.. but if that formula was used so that i never get the full forging power for all my coins (b) i would actually need > 51% in order to command 51%. so i would need to buy (a lot?) more coins in (b) then i would in (a) to perform the exact same attack raising the difficulty of the attack and lowering the odds of success perhaps by an order of magnitude depending on the number of total/extra coins needed..?
am i close to what this is for or how/why its been used?
so say, to keep it simple, me and you both had 49% and 51% of the coins respectively.. at block one would that mean we have 49% and 51% importance score? or would it be less due to the fact that some coins cannot be vested? im just trying to think why such a thing would be implemented and all i can think is that it is to make it impossible to gain enough importance to attack the network.. or atleast make it leagues more difficult..
the way i see it working (in very simple terms), would be say i want 51% of the forging power in nxt.. (a) i would have to acquire 51% of the coins that are being used to forge.. but if that formula was used so that i never get the full forging power for all my coins (b) i would actually need > 51% in order to command 51%. so i would need to buy (a lot?) more coins in (b) then i would in (a) to perform the exact same attack raising the difficulty of the attack and lowering the odds of success perhaps by an order of magnitude depending on the number of total/extra coins needed..?
am i close to what this is for or how/why its been used?
Nope, you are not close
It has something to do with the way POI works.
When doing a transaction, we don't want the importance to be immediately transferred to the receiving account.
So we need to work in tandem with a divestment curve?
November 04, 2014, 05:23:07 PM
Hi there, I was doing some testing sending NEMstake from NXT ae to a real NEM address and at one time I think I sent .1 stake but I think the message was encrypted what will happend?
November 04, 2014, 04:51:30 PM
hhmmm interesting.. is that a way to prevent anyone from gaining 51% of importance or something?
so say, to keep it simple, me and you both had 49% and 51% of the coins respectively.. at block one would that mean we have 49% and 51% importance score? or would it be less due to the fact that some coins cannot be vested? im just trying to think why such a thing would be implemented and all i can think is that it is to make it impossible to gain enough importance to attack the network.. or atleast make it leagues more difficult..
the way i see it working (in very simple terms), would be say i want 51% of the forging power in nxt.. (a) i would have to acquire 51% of the coins that are being used to forge.. but if that formula was used so that i never get the full forging power for all my coins (b) i would actually need > 51% in order to command 51%. so i would need to buy (a lot?) more coins in (b) then i would in (a) to perform the exact same attack raising the difficulty of the attack and lowering the odds of success perhaps by an order of magnitude depending on the number of total/extra coins needed..?
am i close to what this is for or how/why its been used?
so say, to keep it simple, me and you both had 49% and 51% of the coins respectively.. at block one would that mean we have 49% and 51% importance score? or would it be less due to the fact that some coins cannot be vested? im just trying to think why such a thing would be implemented and all i can think is that it is to make it impossible to gain enough importance to attack the network.. or atleast make it leagues more difficult..
the way i see it working (in very simple terms), would be say i want 51% of the forging power in nxt.. (a) i would have to acquire 51% of the coins that are being used to forge.. but if that formula was used so that i never get the full forging power for all my coins (b) i would actually need > 51% in order to command 51%. so i would need to buy (a lot?) more coins in (b) then i would in (a) to perform the exact same attack raising the difficulty of the attack and lowering the odds of success perhaps by an order of magnitude depending on the number of total/extra coins needed..?
am i close to what this is for or how/why its been used?
Nope, you are not close
It has something to do with the way POI works.
When doing a transaction, we don't want the importance to be immediately transferred to the receiving account.
November 04, 2014, 04:16:53 PM
can someone put up a better guide for phase 2 of the redemption for btt tokens
I think this should be a lot clearer: https://forum.nemcoin.com/index.php?topic=2631.0
November 04, 2014, 04:10:51 PM
can someone put up a better guide for phase 2 of the redemption for btt tokens
November 04, 2014, 03:39:56 PM
Monkey test result 1;
I just received NEM from Martismartis. I guess my NEM needs some confirmations to Harvest.
How much?
Quote
Oops!
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of NEMs within the account. Harvesting starts with at least 1000 NEM.
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of NEMs within the account. Harvesting starts with at least 1000 NEM.
I just received NEM from Martismartis. I guess my NEM needs some confirmations to Harvest.
How much?
Depends on the amount of NEM you got. After 24 hours 10% of your NEM have vested. The vested amount must be bigger than 10K NEM to start harvesting.
how long does it take for the rest to be vested?
infinite time
More precise: http://www.wolframalpha.com/input/?i=plot+y%28x%29%3D1+-+%289%2F10%29^x%2C+0%3Cx%3C60
0=not vested at all, 1=fully vested, x=days
November 04, 2014, 03:28:42 PM
any news on when we get our NEM's? I'm starving....
November 04, 2014, 02:51:42 PM
So how can be stake registered right now? I havent registered yet but I have NEM adress.
Can I just put there my token and real NEM adress? Or is there some special process for late comers?
Can I just put there my token and real NEM adress? Or is there some special process for late comers?
What is the deadline for the second stage of redemption? I'm really busy right now and don't want to miss out ...
No idea. It is not written anywhere. All I see here is a date of November 22, maybe the day after on November 23 is when coins are sent out to launch wallets?
Info can be found both here: https://forum.nemcoin.com/index.php?topic=2631.msg8425#msg8425 and here: https://medium.com/@xtester/updated-phase-2-redemption-guide-401e63b43344
And you're right, 22 November is the deadline.
Thanks guys good to know I have a couple of weeks. I think it is a little rushed if even a crypto fanatic like me feels under pressure to claim the stakes and hopefully no one misses out
Should be extended in my opinion.afaik users who miss the deadline will be able to claim late but will be subject to a partial loss of coins. if users claim after 22nd of nov they will get 750k nem, after 23rd dec -> 500k, 23 jan -> 250k nem, 23rd feb - > 0 nem.
It would be nice to know time and time zone, if the deadline date 22 of November.
good point..
Just added the timezone.
November 04, 2014, 02:31:51 PM
Monkey test result 1;
I just received NEM from Martismartis. I guess my NEM needs some confirmations to Harvest.
How much?
Quote
Oops!
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of NEMs within the account. Harvesting starts with at least 1000 NEM.
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of NEMs within the account. Harvesting starts with at least 1000 NEM.
I just received NEM from Martismartis. I guess my NEM needs some confirmations to Harvest.
How much?
Depends on the amount of NEM you got. After 24 hours 10% of your NEM have vested. The vested amount must be bigger than 10K NEM to start harvesting.
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