NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1570.

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: bitdraw on November 03, 2014, 05:19:49 AM

why not give the rest away to new users? wouldnt it be in the interest of NEM to reach as many people as possible?

No, as continuously giving away coins mean that existing owners (especially those who paid for it on Nxt AE) continue to lose money. We had one IPO -- not a hundred where you continue to give away coins forever. The new users should buy it . There should be reasons that they should be tempted to buy it.

Aruracoin gave the whole country of Iceland "free" coins. It didn't gain "users" -- instead it killed aruracoin as those who got it for free immediately dumped them for BTC. Aurora is dead now.

bitdraw

hero member

Activity: 504

Merit: 500

Quote from: Eadeqa on November 03, 2014, 03:09:26 AM

Quote from: ?? on ??

Quote from: CryptoCurrencyInc.com on November 02, 2014, 07:26:23 PM

Is it 8 Billion Nem coins divided to all the Nemstake holders?

no, 4b

Don't post BS. The plan was that 75% of the 4 billion would be divided to stakeholders who claim the coins. That's 3 billion -- not 4 billion. Given at least 25% of those who registered in January are unlikely to show up, that means only 50% of coins will be distributed to stakeholders. The other half will be in total control of developers.

why not give the rest away to new users? wouldnt it be in the interest of NEM to reach as many people as possible?

Istanbul34

full member

Activity: 232

Merit: 100

I'm a BTT stakeholder.

I registered my received Token by PM.

What is the next step? I can create a real NEM account, but where do I need to send it to? It's confusing with the AE stakeholder and the BTT stakeholder.

And how much time do I have to do this?

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: makoto1337 on November 03, 2014, 05:13:55 AM

Quote from: Mickeyb on November 03, 2014, 04:53:31 AM

Quote from: Eadeqa on November 03, 2014, 03:01:49 AM

Quote from: ?? on ??

Eadeqa your supposed to be a "respected" member of the nxt community.. stop talking shit about nem as if nem has done something to personally harm you. i know you want to "fit in with the gang" and all but this is just lowering you to a bottom feeding troll destroying what ever respect you had.

This isn't a new point. Nxt didn't have development fund, so unclaimed coins went to development development. Nem already allocated 25% for the development, and now they are planning to add unclaimed coins to that stash, growing the development fund to 50%. I mentioned this months ago, and back then Jaguar acknowledge this could become a problem. Nothing has been done to fix it, except doing exactly what I warned will happen. Nem has the biggest percentage of coins controlled by the developers, only behind Ripple.

50% of coins would be controlled by the developers.

If this is true than 50% is way too much! The develompent funds should not exceed 25%. If it does, this will haunt us like NXT initial distribution forever! These unclaimed stakes need to be burned or distributed to the current users! Heck, 2000 initial users is still amazing, even if we don't get to the number of 3000. NXT had only 71!!

Dev team will not control the unclaimed stakes or socks from socks. No one ever said we would. Don't listen to trolls for your information

What to do with the unclaimed stakes and stakes from socks has been discussed and is being discussed on our forums at forum.nemcoin.com

For the unclaimed stakes, the idea of putting them into a venture capital fund to feed NEM ecosystem seems to have a lot of support. This fund would be a legal entity that is incorporated in some country and will be managed by professional fund managers who have their identities public. This would be completely outside of the control of the NEM dev team. All NEMsters would benefit by having the fund pay dividends to stake holders.

For the socks, nothing has really been discussed yet as we don't have all the final numbers public.

OK great!!

makoto1337

legendary

Activity: 1596

Merit: 1000

I am not Dorian Nakamoto.

Quote from: Mickeyb on November 03, 2014, 04:53:31 AM

Quote from: Eadeqa on November 03, 2014, 03:01:49 AM

Quote from: ?? on ??

Eadeqa your supposed to be a "respected" member of the nxt community.. stop talking shit about nem as if nem has done something to personally harm you. i know you want to "fit in with the gang" and all but this is just lowering you to a bottom feeding troll destroying what ever respect you had.

This isn't a new point. Nxt didn't have development fund, so unclaimed coins went to development development. Nem already allocated 25% for the development, and now they are planning to add unclaimed coins to that stash, growing the development fund to 50%. I mentioned this months ago, and back then Jaguar acknowledge this could become a problem. Nothing has been done to fix it, except doing exactly what I warned will happen. Nem has the biggest percentage of coins controlled by the developers, only behind Ripple.

50% of coins would be controlled by the developers.

If this is true than 50% is way too much! The develompent funds should not exceed 25%. If it does, this will haunt us like NXT initial distribution forever! These unclaimed stakes need to be burned or distributed to the current users! Heck, 2000 initial users is still amazing, even if we don't get to the number of 3000. NXT had only 71!!

Dev team will not control the unclaimed stakes or socks from socks. No one ever said we would. Don't listen to trolls for your information

What to do with the unclaimed stakes and stakes from socks has been discussed and is being discussed on our forums at forum.nemcoin.com

For the unclaimed stakes, the idea of putting them into a venture capital fund to feed the NEM ecosystem seems to have a lot of support. This fund would be a legal entity that is incorporated in some country and will be managed by professional fund managers who have their identities public. This would be completely outside of the control of the NEM dev team. All NEMsters would benefit by having the fund pay dividends to stake holders.

For the socks, nothing has really been discussed yet as we don't have all the final numbers public. There are some proposals to redistribute to those who run nodes, at least for part of the stakes. There will probably be 3-4 different uses for the stakes for the benefit of all NEM stakeholders. These stakes won't be controlled by the dev team.

As a side note, I think there is a good chance to go with 8 billion NEM Wink

mladen00

legendary

Activity: 2124

Merit: 1013

K-ing®

Quote from: Mickeyb on November 03, 2014, 04:53:31 AM

Quote from: Eadeqa on November 03, 2014, 03:01:49 AM

Quote from: ?? on ??

Eadeqa your supposed to be a "respected" member of the nxt community.. stop talking shit about nem as if nem has done something to personally harm you. i know you want to "fit in with the gang" and all but this is just lowering you to a bottom feeding troll destroying what ever respect you had.

This isn't a new point. Nxt didn't have development fund, so unclaimed coins went to development development. Nem already allocated 25% for the development, and now they are planning to add unclaimed coins to that stash, growing the development fund to 50%. I mentioned this months ago, and back then Jaguar acknowledge this could become a problem. Nothing has been done to fix it, except doing exactly what I warned will happen. Nem has the biggest percentage of coins controlled by the developers, only behind Ripple.

50% of coins would be controlled by the developers.

If this is true than 50% is way too much! The develompent funds should not exceed 25%. If it does, this will haunt us like NXT initial distribution forever! These unclaimed stakes need to be burned or distributed to the current users! Heck, 2000 initial users is still amazing, even if we don't get to the number of 3000. NXT had only 71!!

Nxt had max 71 stakeholders (71 account)

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: patmast3r on November 03, 2014, 03:15:53 AM

Quote from: nembit86 on November 03, 2014, 03:09:48 AM

Quote from: Eadeqa on November 03, 2014, 03:01:49 AM

Quote from: ?? on ??

Eadeqa your supposed to be a "respected" member of the nxt community.. stop talking shit about nem as if nem has done something to personally harm you. i know you want to "fit in with the gang" and all but this is just lowering you to a bottom feeding troll destroying what ever respect you had.

This isn't a new point. Nxt didn't have development fund, so unclaimed coins went to development development. Nem already allocated 25% for the development, and now they are planning to add unclaimed coins to that stash, growing the development fund to 50%. I mentioned this months ago, and back then Jaguar acknowledge this could become a problem. Nothing has been done to fix it, except doing exactly what I warned will happen. Nem has the biggest percentage of coins controlled by the developers, only behind Ripple.

50% of coins would be controlled by the developers.

Im sure there is something we can do to SHOW that the unclaimed stakes are NOT controlled by the Devs..........have you any ideas?

Nothing has been decided yet. And it is not the plan to make them developer controlled as there is no plan as of yet. We will come up with one and then will be the time to complain.

Just a sidenote: All the complaints have lead the core team to actually consider burning and/or raising stakes for existing stakeholders.
My guess is we won't do 1 thing with unclaimed stakes. We will probably do a couple of things.

+1

This is exactly what we need!! To the DEVs: Please be careful, this decision can make or break NEM. So far we have a great reputation, let's not blew it at the end and put ourselves a tag like NXT has with its initial distribution allegations that will haunt us forever!

Edit: Just to show how important is initial distribution of NXT, I quit NXT for NEM because I don't believe NXT will ever solve this huge problem!!!

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: Eadeqa on November 03, 2014, 03:01:49 AM

Quote from: ?? on ??

Eadeqa your supposed to be a "respected" member of the nxt community.. stop talking shit about nem as if nem has done something to personally harm you. i know you want to "fit in with the gang" and all but this is just lowering you to a bottom feeding troll destroying what ever respect you had.

This isn't a new point. Nxt didn't have development fund, so unclaimed coins went to development development. Nem already allocated 25% for the development, and now they are planning to add unclaimed coins to that stash, growing the development fund to 50%. I mentioned this months ago, and back then Jaguar acknowledge this could become a problem. Nothing has been done to fix it, except doing exactly what I warned will happen. Nem has the biggest percentage of coins controlled by the developers, only behind Ripple.

50% of coins would be controlled by the developers.

If this is true than 50% is way too much! The develompent funds should not exceed 25%. If it does, this will haunt us like NXT initial distribution forever! These unclaimed stakes need to be burned or distributed to the current users! Heck, 2000 initial users is still amazing, even if we don't get to the number of 3000. NXT had only 71!!

rockethead

legendary

Activity: 1059

Merit: 1016

Quote from: Eadeqa on November 03, 2014, 03:01:49 AM

Quote from: ?? on ??

Eadeqa your supposed to be a "respected" member of the nxt community.. stop talking shit about nem as if nem has done something to personally harm you. i know you want to "fit in with the gang" and all but this is just lowering you to a bottom feeding troll destroying what ever respect you had.

This isn't a new point. Nxt didn't have development fund, so unclaimed coins went to development development. Nem already allocated 25% for the development, and now they are planning to add unclaimed coins to that stash, growing the development fund to 50%. I mentioned this months ago, and back then Jaguar acknowledge this could become a problem. Nothing has been done to fix it, except doing exactly what I warned will happen. Nem has the biggest percentage of coins controlled by the developers, only behind Ripple.

50% of coins would be controlled by the developers.

I don't give a damn if it is a new point or an old point. Why are you assuming that the unclaimed coins will go into the devs hands? Where is it said? It is called fud if there is no basis to your claims.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: asdlolciterquit on November 03, 2014, 04:11:24 AM

Quote from: ?? on ??

Quote from: asdlolciterquit on November 02, 2014, 12:06:59 PM

Quote from: ?? on ??

Quote from: asdlolciterquit on November 02, 2014, 10:40:06 AM

Quote from: xtester on October 21, 2014, 03:14:49 PM

Step three:

I have a doubt: the address in green in the picture is different from the address in the left cornet of the client! which one is the real address? which one should i have to use??

Is there any way to make sure that the address in green that i've copied is correct?

the address is the corner is testnet and the one you created is live net.. Livenet addresses start. With "N" where as test net start with "T". Once you have created and saved your data you can go to "verify account data" entrenched details and check that it is correct. You send off the address that gets created with the private and public key

thx a lot!
Now I have successfully registered my stake!

But i really don't understand how i can send my NEMStake to NXT-97MX-EWKV-CGKX-DA5WH....

Do i have to use an nxt client?? pls, help me!

I think you can use secureAe if that's what you are using. Go to account > portfolio/my assets > transfer asset(next to nemstake) and include a message containing you live net address and for recipient enter the nxt address you need to send it to. Don't encrypt.

Or use nxtclient.

for secureAe do you mean this?--> http://www.secureae.com/

I've never used it Sad

Maybe it's better if i use nxtclient...i think is more simple, isn't it?

I haven't used SAE either but it seems some people have problems with it in regards to messages.
I'd strongly suggest to use the nxt client. It's simple and reliable.

asdlolciterquit

hero member

Activity: 1666

Merit: 565

Quote from: ?? on ??

Quote from: asdlolciterquit on November 02, 2014, 12:06:59 PM

Quote from: ?? on ??

Quote from: asdlolciterquit on November 02, 2014, 10:40:06 AM

Quote from: xtester on October 21, 2014, 03:14:49 PM

Step three:

I have a doubt: the address in green in the picture is different from the address in the left cornet of the client! which one is the real address? which one should i have to use??

Is there any way to make sure that the address in green that i've copied is correct?

the address is the corner is testnet and the one you created is live net.. Livenet addresses start. With "N" where as test net start with "T". Once you have created and saved your data you can go to "verify account data" entrenched details and check that it is correct. You send off the address that gets created with the private and public key

thx a lot!
Now I have successfully registered my stake!

But i really don't understand how i can send my NEMStake to NXT-97MX-EWKV-CGKX-DA5WH....

Do i have to use an nxt client?? pls, help me!

I think you can use secureAe if that's what you are using. Go to account > portfolio/my assets > transfer asset(next to nemstake) and include a message containing you live net address and for recipient enter the nxt address you need to send it to. Don't encrypt.

Or use nxtclient.

for secureAe do you mean this?--> http://www.secureae.com/

I've never used it Sad

Maybe it's better if i use nxtclient...i think is more simple, isn't it?

misterycoins

sr. member

Activity: 249

Merit: 250

Quote from: Loosoogooso on November 03, 2014, 02:32:32 AM

A big thank you to Pat.

A big thank you to all who made NEM possible.

It's a great achievement. Few can program and deliver a product at this level.

Pat, the various freaks who will come out of nowhere to attack is part of the game. I hope you hold onto this fact when you're being inundated by the tossers in the following weeks post launch.

Instead of dwelling on these matters, I know you will turn to the works you have achieved and recall all of us out here who appreciate and support.

+1000 great work team dev ,thank you all

nembit86

hero member

Activity: 588

Merit: 500

NEM ....best currency distribution ever ...!!!!!!!

Quote from: patmast3r on November 03, 2014, 03:16:24 AM

Quote from: nembit86 on November 03, 2014, 03:13:12 AM

Quote from: Eadeqa on November 03, 2014, 03:09:26 AM

Quote from: ?? on ??

Quote from: CryptoCurrencyInc.com on November 02, 2014, 07:26:23 PM

Is it 8 Billion Nem coins divided to all the Nemstake holders?

no, 4b

Don't post BS. The plan was that 75% of the 4 billion would be divided to stakeholders who claim the coins. That's 3 billion -- not 4 billion. Given at least 25% of those who registered in January are unlikely to show up, that means only 50% of coins will be distributed to stakeholders. The other half will be in total control of developers.

They are talking about the overall number of coins..."which will be 8 billion Cool

wouldn't bet on that.

Yir a killjoy Pat......so you are Kiss

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: nembit86 on November 03, 2014, 03:13:12 AM

Quote from: Eadeqa on November 03, 2014, 03:09:26 AM

Quote from: ?? on ??

Quote from: CryptoCurrencyInc.com on November 02, 2014, 07:26:23 PM

Is it 8 Billion Nem coins divided to all the Nemstake holders?

no, 4b

Don't post BS. The plan was that 75% of the 4 billion would be divided to stakeholders who claim the coins. That's 3 billion -- not 4 billion. Given at least 25% of those who registered in January are unlikely to show up, that means only 50% of coins will be distributed to stakeholders. The other half will be in total control of developers.

They are talking about the overall number of coins..."which will be 8 billion Cool

wouldn't bet on that.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: nembit86 on November 03, 2014, 03:09:48 AM

Quote from: Eadeqa on November 03, 2014, 03:01:49 AM

Quote from: ?? on ??

Eadeqa your supposed to be a "respected" member of the nxt community.. stop talking shit about nem as if nem has done something to personally harm you. i know you want to "fit in with the gang" and all but this is just lowering you to a bottom feeding troll destroying what ever respect you had.

This isn't a new point. Nxt didn't have development fund, so unclaimed coins went to development development. Nem already allocated 25% for the development, and now they are planning to add unclaimed coins to that stash, growing the development fund to 50%. I mentioned this months ago, and back then Jaguar acknowledge this could become a problem. Nothing has been done to fix it, except doing exactly what I warned will happen. Nem has the biggest percentage of coins controlled by the developers, only behind Ripple.

50% of coins would be controlled by the developers.

Im sure there is something we can do to SHOW that the unclaimed stakes are NOT controlled by the Devs..........have you any ideas?

Nothing has been decided yet. And it is not the plan to make them developer controlled as there is no plan as of yet. We will come up with one and then will be the time to complain.

Just a sidenote: All the complaints have lead the core team to actually consider burning and/or raising stakes for existing stakeholders.
My guess is we won't do 1 thing with unclaimed stakes. We will probably do a couple of things.

nembit86

hero member

Activity: 588

Merit: 500

NEM ....best currency distribution ever ...!!!!!!!

Quote from: Eadeqa on November 03, 2014, 03:09:26 AM

Quote from: ?? on ??

Quote from: CryptoCurrencyInc.com on November 02, 2014, 07:26:23 PM

Is it 8 Billion Nem coins divided to all the Nemstake holders?

no, 4b

Don't post BS. The plan was that 75% of the 4 billion would be divided to stakeholders who claim the coins. That's 3 billion -- not 4 billion. Given at least 25% of those who registered in January are unlikely to show up, that means only 50% of coins will be distributed to stakeholders. The other half will be in total control of developers.

They are talking about the overall number of coins..."which will be 8 billion Cool

nembit86

hero member

Activity: 588

Merit: 500

NEM ....best currency distribution ever ...!!!!!!!

Quote from: Eadeqa on November 03, 2014, 03:01:49 AM

Quote from: ?? on ??

Eadeqa your supposed to be a "respected" member of the nxt community.. stop talking shit about nem as if nem has done something to personally harm you. i know you want to "fit in with the gang" and all but this is just lowering you to a bottom feeding troll destroying what ever respect you had.

This isn't a new point. Nxt didn't have development fund, so unclaimed coins went to development development. Nem already allocated 25% for the development, and now they are planning to add unclaimed coins to that stash, growing the development fund to 50%. I mentioned this months ago, and back then Jaguar acknowledge this could become a problem. Nothing has been done to fix it, except doing exactly what I warned will happen. Nem has the biggest percentage of coins controlled by the developers, only behind Ripple.

50% of coins would be controlled by the developers.

Im sure there is something we can do to SHOW that the unclaimed stakes are NOT controlled by the Devs..........have you any ideas?

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: ?? on ??

Quote from: CryptoCurrencyInc.com on November 02, 2014, 07:26:23 PM

Is it 8 Billion Nem coins divided to all the Nemstake holders?

no, 4b

Don't post BS. The plan was that 75% of the 4 billion would be divided to stakeholders who claim the coins. That's 3 billion -- not 4 billion. Given at least 25% of those who registered in January are unlikely to show up, that means only 50% of coins will be distributed to stakeholders. The other half will be in total control of developers.

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: ?? on ??

Eadeqa your supposed to be a "respected" member of the nxt community.. stop talking shit about nem as if nem has done something to personally harm you. i know you want to "fit in with the gang" and all but this is just lowering you to a bottom feeding troll destroying what ever respect you had.

This isn't a new point. Nxt didn't have development fund, so unclaimed coins went to development development. Nem already allocated 25% for the development, and now they are planning to add unclaimed coins to that stash, growing the development fund to 50%. I mentioned this months ago, and back then Jaguar acknowledge this could become a problem. Nothing has been done to fix it, except doing exactly what I warned will happen. Nem has the biggest percentage of coins controlled by the developers, only behind Ripple.

50% of coins would be controlled by the developers.

sdersdf3

sr. member

Activity: 280

Merit: 250

Quote from: KingCole on November 03, 2014, 02:03:13 AM

Quote from: solix on November 03, 2014, 01:56:58 AM

Quote from: patmast3r on November 01, 2014, 08:55:45 AM

PHASE 2 FOR BTT HAS STARTED
We'll update OPs here and on forum.nemcoin.com soon but i didn't want to let you guys wait.

register address and token here -> chain.nem.ninja/stakes
chain.nem.ninja/stakes/registered shows all registered with address AND token + all received NEMStake assets from the NXT AE. Everyone please check if your are there after you've registered or sent your asset

Remember to read up on how to create a REAL address https://forum.nemcoin.com/index.php?topic=2488.0 and in other threads on that forum.

You know... a lot of people here take the time to rake all of you folks that burn your time over the coals, but not enough people stop to say "thanks". Thanks Pat, nice work. You did a good job dealing with a lot of coordination.

Well said, thanks Pat

KC

I haven't seen any coin dev team this professionalism, diligent and detail-oriented and focused on the long term. It makes NEM an oasis in a sea of short-sighted altcrap.

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1570. (Read 2985369 times)