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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1771. (Read 2985265 times)

legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I have another odd question. Is it possible for the owner of the stake portion I purchase on the AE to disappear? What if they never claim their stake, will I still receive my 0.1 stake portion even if the owner defaults?

As far as I know, that 0.1 is yours and only yours.  Once they sold it, they gave up all rights to redeem it.  Even if they don't touch their other 0.9, you will still be okay.  You will be redeeming your 0.1 directly and it won't involve the person that sold it to you. 
hero member
Activity: 910
Merit: 1000
Hopes this coin will be a good coin
sr. member
Activity: 392
Merit: 250
hero member
Activity: 742
Merit: 500
will the real NEM be distributed within this month?

Or not?

Yes during beta which will be released this month, real coins will be distributed.
perfect!
finally we get the real coins.
hero member
Activity: 700
Merit: 501
1000% ROI Masternode Coin
I have another odd question. Is it possible for the owner of the stake portion I purchase on the AE to disappear? What if they never claim their stake, will I still receive my 0.1 stake portion even if the owner defaults?
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I just gonna drop it here. free to use if anyone found it useful.




I would like to use it sometime on Facebook.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
http://www.bbc.com/news/technology-29032399

Just some light reading on the topic of anonymity... not crypto focused per se, but relevant I think as we talk about all of that stuff.

And for the record, I don't think anonymity is always about tax evasion, child predators, and drug transactions. Plenty of us pay our taxes and are law abiding citizens and still greatly care about the misuse of information about us. Tongue

I completely agree.

Originally, I wasike your friend and thought it as only for bad purposes. Now I realize it's a much needed feature to protect our rights from future tech companies. The amount of data and profile and therefore insights into the smallest details of your life have been gathered by Facebook and Google. Were you able to know just exactly the implications of this, it might be sickening. For most of us it's too late, like myself. They have my data. People don't know how bad it is because it hasn't been abused yet so much, but just like iCloud and those celebrities that thought everything was safe, we might wake up and realize it wasn't. Anonymity is one way we can start to protect ourselves again, even the normally people that aren't really doing anything wrong.
full member
Activity: 180
Merit: 100
http://www.bbc.com/news/technology-29032399

Just some light reading on the topic of anonymity... not crypto focused per se, but relevant I think as we talk about all of that stuff.

And for the record, I don't think anonymity is always about tax evasion, child predators, and drug transactions. Plenty of us pay our taxes and are law abiding citizens and still greatly care about the misuse of information about us. Tongue

Edit: I had an argument recently with a friend of mine recently where he seemed to imply anyone interested in Bitcoins was in to dark web stuff, and rejected it on moral grounds. Further, he stated that it was "mostly" used by dark web people. I see that absolutely changing. Look at bitshares X and tell me you see everyone rushing to it to use silk road. I said blockchains are like hammers, you can build a house or murder someone. I am not interested in banning hammers because some people will use them for murder. It is a tool used for good or evil, but morality shouldn't interject itself in a technology that can be use to secure the privacy and security of the citizen. Any good patriot will stand firm on their civil liberties. We can deal with social problems in other ways Smiley.

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."
sr. member
Activity: 478
Merit: 250
will the real NEM be distributed within this month?

Or not?

Yes during beta which will be released this month, real coins will be distributed.

Hopefully we can start the beta by the end of this month, but we need to test the beta as well, so launch will not be in september.


I think what people want to know is will coins be distributed at beta launch or official launch. I think I recall one of the other devs saying distribution would occur at beta and he mentioned that bitcoin was technically still in beta.

Coins will be distributed during beta yes. Not on beta launch though since - like bloodyrookie said - it should be tested a week or two.


Thanks. I can feel the momentum beginning to build a little and it's going to get crazy at launch.
hero member
Activity: 980
Merit: 1001
will the real NEM be distributed within this month?

Or not?

Yes during beta which will be released this month, real coins will be distributed.

Hopefully we can start the beta by the end of this month, but we need to test the beta as well, so launch will not be in september.


I think what people want to know is will coins be distributed at beta launch or official launch. I think I recall one of the other devs saying distribution would occur at beta and he mentioned that bitcoin was technically still in beta.

Coins will be distributed during beta yes. Not on beta launch though since - like bloodyrookie said - it should be tested a week or two.
sr. member
Activity: 478
Merit: 250
will the real NEM be distributed within this month?

Or not?

Yes during beta which will be released this month, real coins will be distributed.

Hopefully we can start the beta by the end of this month, but we need to test the beta as well, so launch will not be in september.


I think what people want to know is will coins be distributed at beta launch or official launch. I think I recall one of the other devs saying distribution would occur at beta and he mentioned that bitcoin was technically still in beta.
sr. member
Activity: 278
Merit: 250
I just gonna drop it here. free to use if anyone found it useful.




Awesome design! Love it!
hero member
Activity: 687
Merit: 500
will the real NEM be distributed within this month?

Or not?

Yes during beta which will be released this month, real coins will be distributed.

Hopefully we can start the beta by the end of this month, but we need to test the beta as well, so launch will not be in september.
full member
Activity: 140
Merit: 100
Hi fellow Nemsters, please can somebody give me a heads up on what's happening. I was one of the first investors in NEM, i never claimed a stake as i just wanted to wait for the NEM coins themselves, but i just got sent the 4th NEM newsletter and my name is not on the final NEM stakeholders list?! Should i be concerned?

Don't worry, you are on the final list, line 980 Wink
full member
Activity: 123
Merit: 100
Hi fellow Nemsters, please can somebody give me a heads up on what's happening. I was one of the first investors in NEM, i never claimed a stake as i just wanted to wait for the NEM coins themselves, but i just got sent the 4th NEM newsletter and my name is not on the final NEM stakeholders list?! Should i be concerned?
legendary
Activity: 1059
Merit: 1016
BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...


Yeah, and sadly there's only going to ever be a select minority that own the bulk of the mining power. Bitcoin is more centralized then Fiat.

What you said also reminded me of:

http://thecoinfront.com/is-bitcoin-mining-profitable-in-2014/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-mining-profitable-in-2014


A quote from the article:

Quote
Running those numbers, we discover that, based on the price of energy at ten cents per kWh (standard price here in Toronto. Your mileage may vary), given the current difficulty of Bitcoin mining, and the current price, you will never see a return on your investment.

It's been this way for years, and you have to bare in mind costs of hardware/electricity which is likely worse in many other countries. Right now mining is more about the big boys with deep pockets competing with eachother to mine. It's fallen long out of the reach of the average joe.


Yeah only big ones will keep running because they got special electricity rebates or don't even pay for it. But big crowd will slowly realize that bitcoin is outdated tech only sustained by big investors/mining industry. The process will certainly be long but unavoidable imo.

Yup. Also, this video is an indicator of the state of Bitcoin:

https://www.youtube.com/watch?v=iMIzMVABFxQ#


My biggest concern is newcomers to bitcoin jumping onto the Bitcoin bandwagon, only to get royally screwed should it decide to collapse - if it does, any new coin (Including NEM) is going to have an extremely hard time gaining trust from the damage it would've caused.

Assuming that NEM does not have those shortcomings of BTC, we need to imbue in everyone's mind that NEM is a platform solution and an ecosystem and not an altcoin per se. Nem Coins are fuel to the ecosystem.
hero member
Activity: 497
Merit: 501
BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...


Yeah, and sadly there's only going to ever be a select minority that own the bulk of the mining power. Bitcoin is more centralized then Fiat.

What you said also reminded me of:

http://thecoinfront.com/is-bitcoin-mining-profitable-in-2014/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-mining-profitable-in-2014


A quote from the article:

Quote
Running those numbers, we discover that, based on the price of energy at ten cents per kWh (standard price here in Toronto. Your mileage may vary), given the current difficulty of Bitcoin mining, and the current price, you will never see a return on your investment.

It's been this way for years, and you have to bare in mind costs of hardware/electricity which is likely worse in many other countries. Right now mining is more about the big boys with deep pockets competing with eachother to mine. It's fallen long out of the reach of the average joe.


Yeah only big ones will keep running because they got special electricity rebates or don't even pay for it. But big crowd will slowly realize that bitcoin is outdated tech only sustained by big investors/mining industry. The process will certainly be long but unavoidable imo.

Yup. Also, this video is an indicator of the state of Bitcoin:

https://www.youtube.com/watch?v=iMIzMVABFxQ#


My biggest concern is newcomers to bitcoin jumping onto the Bitcoin bandwagon, only to get royally screwed should it decide to collapse - if it does, any new coin (Including NEM) is going to have an extremely hard time gaining trust from the damage it would've caused.
newbie
Activity: 7
Merit: 0
I just gonna drop it here. free to use if anyone found it useful.

https://i.imgur.com/wGN62V3.png

Awesome. I'm interested in knowing how you made that Cheesy

@makoto1337, thanks for asking. the short answer to that is that I used Maya for modeling, texturing, and lighting, Nuke for composting, and photoshop for minor adjustment. 

I just gonna drop it here. free to use if anyone found it useful.

golden rain .nice Smiley


@smith coins, Thanks!

I just gonna drop it here. free to use if anyone found it useful.
Magical!! I am impressed!
This should be in the newsletter front cover!

@rockethead, thank you! I am glad you found it useful.
hero member
Activity: 588
Merit: 500
will the real NEM be distributed within this month?

Or not?

Yes during beta which will be released this month, real coins will be distributed.

Is everything on track for the BETA release? Also will all features be enabled for the BETA release?

I believe there has been no official announcement that beta will actually be released in September. And again, there is no obligation for the devs to do so and I do not want them to if they are not ready. Alpha is going just fine and we are testing away as we make our way to the official beta. All good things take time to come to fruition. NEM is no different, and if anything the fact that we have such an advanced wallet and blockchain in just a few months of development is a testament to the ability of this dev team. I have a degree in computer science and I could not even begin to write a single line of code for this project because of how complicated such an endeavor is. We all have to respect the hard work of the devs and know that they are working hard to create something truly revolutionary, as is evident in the progress that has been made so far.

So with that said, I hope the beta will release soon just because I am excited for the NEM saga to truly begin, but I can also wait a few more months if the dev team feels that is in the best interest of NEM and us, the stakeholders.

Also, I do not think "all" of the features will be available for beta. Having all the features implemented will mark the release of Version 1 of NEM, which will not happen until some time next year I suspect.
hero member
Activity: 546
Merit: 500
will the real NEM be distributed within this month?

Or not?

Yes during beta which will be released this month, real coins will be distributed.

Is everything on track for the BETA release? Also will all features be enabled for the BETA release?
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