Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1726. (Read 2985503 times)

Thanks for the info Xtester. So it seems the majority of stakeholders didn't claim tokens, meaning there will be a lot coming onto the market. Normally I would think this means a high potential for dumping, but in NEM's case I can't see why people would dump after holding off for so many months.

I'm going to play it safe - I will buy 50% now on the asset exchange and 50% later when the actual units are being traded somewhere like BTER or Polo.

Do we have to convert to NXT AE? If NEM is linked to a forum account it's still ok correct and stakes will be distributed?

For the full release right? The BETA was supposed to be in September?

Yes, this are the dates we are aiming for. I think hopefully there will be some announcements and clarifications about this during the following days.

Hi,

I think it's generally worth buying a coin before the launch, especially if it's NEM.

Trading will take place on exchanges and we will make announcement about that at the right time.

If by tokens you mean assets on the Nxt AE, there were only 685 tokens issued so far, and redemption period(conversion to real NEM) is nearing very fast.

I would really like to see a third aspect which is how long the NEM client/node has been running put in the mix too.  This could help to encourage more people with smaller amounts of NEM to also turn their client on and leave it on in the background.  Hopefully someday the network will be supported by lots and lots of regular people.

Node Coin https://bitcointalksearch.org/topic/closed-thread-590421 has gone with client time (one point per second) and spending score (one point per coin spent) and then which ever Node has the highest score is more likely to harvest.  I think this is good, but they are missing the "coins received" and traditional Proof of Stake found in NEM.  

Crypti has also added proof of merchant, which means that special merchants that register can get a discount on transaction fees.  By doing this, they can also be rated and won't be anonymous.  A trait that we actually want when buying something from another.  Basically as buyers we want to be anonymous and have our privacy protected, but at the same time we want the exact opposite for merchants.  We want merchants out in the open and their history and reputation easily known.  Basically, we want to know who we are sending our money too and what kind of person they are.  This power in reputation has been a huge part of the success of Amazon and Ebay and really should also be incorporated into crypto too.  

I would call this PoS^4

Proof of Stake - Money held in account
Proof of Spend - Money going in and out
Proof of Service - How long a node has been supporting the network
Proof of Status - Registering with the network and allowing a reputation status

I am not a NEM stakeholder but I would like to buy some. The problem is I am not sure if I should go through the trouble and expense of converting BTC to NXT in order to buy on the asset exchange.

If NEM is distributed in October and people convert their tokens to real NEM, where will the trading take place? Is there an exchange lined up?

Did the majority of stakeholders claim tokens? Just trying to determine the most cost efficient way to buy in. Thanks.

I thought distribution was from the 15-22 October

Sometime in the next 3 days as BETA starts in September after being delayed in August.

is there any set date yet for the official distribution?

Can someone pls send me some test coins

address in signature

Can someone pls send me some test coins

address in signature

Sorry what will be different in NEM relative to NXT, besides the distribution? Some unique features?

is there any set date yet for the official distribution?

is there any set date yet for the official distribution?