Author

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1803. (Read 2985265 times)

hero member
Activity: 854
Merit: 1000
https://iota.org/
come from ass- this one is original thread for you https://bitcointalksearch.org/topic/whos-the-biggest-retard-here-poll-729053
go away with your bullshit
newbie
Activity: 48
Merit: 0
If it is needed, I can translate client, topic etc. to Turkish. I want to help.
legendary
Activity: 1279
Merit: 1018
the sooner NEM can be untied to NXT, the better..

what is happening with NXT right now is another good lesson to learn from.. well first of all the lesson is don't get hacked if you're an exchange and secondly, don't perform a rollback or hardfork for an exchange. it would just blemish the reputation of your coin, ala the great Vericoin bailout of '14.



This wasn't a fault of the coin though. It was the exchange.

This is why it's important nem gets on a number of equally popular exchanges on release. One exchange monopolizing the volumes can go belly up if they make even a simple mistake.
it is possible to set up and run our own multigateway for nxt WE so that people can trade with out worry of a central point of failure. All we need is for nem to support multisig and some to set up the servers then just 3 highly trusted people from nem to host the servers. I think after recent events it would be a very good idea to give people this option straight of the bat.

Do you not have to worry about those servers getting hacked then though and someone siphoning off trades midstream? (disclaimer - I know noting)
hero member
Activity: 497
Merit: 501
the sooner NEM can be untied to NXT, the better..

what is happening with NXT right now is another good lesson to learn from.. well first of all the lesson is don't get hacked if you're an exchange and secondly, don't perform a rollback or hardfork for an exchange. it would just blemish the reputation of your coin, ala the great Vericoin bailout of '14.



This wasn't a fault of the coin though. It was the exchange.

This is why it's important nem gets on a number of equally popular exchanges on release. One exchange monopolizing the volumes can go belly up if they make even a simple mistake.
legendary
Activity: 1059
Merit: 1016
Patmaster en XTESTER I send you a message to claim my token, can you please respond?? thanks

Your token should be in your account already for almost a week.

Thanks, when is the official launch and can I still use the token then?

Hi twistelaar,

Please check the updated OP. You should be able to redeem the token for real NEM at launch.

"9. Additional conversion condition: A maximum of 2 NEMstake tokens will be allowed to convert to NEM per one NXT account (with one unique NEM receiving account). That means if one account sends more than 2 NEMstake tokens back to the issuer account for NEM, he will receive the cap for that account of 2 million NEM. This hopefully will partly discourage an early concentration of NEM in a few accounts. "

Is this still in force. I want to buy some more ? or is necessary to split tokens to other accounts ?



Could I get a response to this pls

Yes and no. Yes, it is in force and no because if you read the condition, it does not say each person. It only says each account. In other words you can have 10 accounts with 2 NEMs each.
legendary
Activity: 1279
Merit: 1018
Patmaster en XTESTER I send you a message to claim my token, can you please respond?? thanks

Your token should be in your account already for almost a week.

Thanks, when is the official launch and can I still use the token then?

Hi twistelaar,

Please check the updated OP. You should be able to redeem the token for real NEM at launch.

"9. Additional conversion condition: A maximum of 2 NEMstake tokens will be allowed to convert to NEM per one NXT account (with one unique NEM receiving account). That means if one account sends more than 2 NEMstake tokens back to the issuer account for NEM, he will receive the cap for that account of 2 million NEM. This hopefully will partly discourage an early concentration of NEM in a few accounts. "

Is this still in force. I want to buy some more ? or is necessary to split tokens to other accounts ?



Could I get a response to this pls
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
I hope you guys are planning a much smoother wallet launch than the SYS guys - hope the past few months have been spent on solid development that delivers cleanly on all promises.

Question: what percentage of NEM have already been doled out as stakes and what percentage remains to be distributed as regular coins at the big wallet launch?

Hi sdersdf2 ,

Indeed, our dev team is working hard to make things run as smooth as possible once we launch, this is why a lot of testing is done right now.

As for your question, all NEM will be distributed at launch. NEM stakes are only a token which represents NEM until we have the real thing - so NEM stakes will also be exchanged for real NEM at launch.



By my question I meant, what % of all outstanding coins do the tokens requested/distributed thus far represent - in other words, what percent of all outstanding NEM has been requested in the form of tokens ahead of the official future coin-wallet launch?

Out of 4000 NEM stakes only 1000 are available to be requested and distributed on the Nxt AE until official launch. Out of this, 649 have already been sent out and 351 are still available. So 649 stakes = 16.225% distributed stakes.
full member
Activity: 224
Merit: 100
I hope you guys are planning a much smoother wallet launch than the SYS guys - hope the past few months have been spent on solid development that delivers cleanly on all promises.

Question: what percentage of NEM have already been doled out as stakes and what percentage remains to be distributed as regular coins at the big wallet launch?

Hi sdersdf2 ,

Indeed, our dev team is working hard to make things run as smooth as possible once we launch, this is why a lot of testing is done right now.

As for your question, all NEM will be distributed at launch. NEM stakes are only a token which represents NEM until we have the real thing - so NEM stakes will also be exchanged for real NEM at launch.



By my question I meant, what % of all outstanding coins do the tokens requested/distributed thus far represent - in other words, what percent of all outstanding NEM has been requested in the form of tokens ahead of the official future coin-wallet launch?
legendary
Activity: 3010
Merit: 8114
the sooner NEM can be untied to NXT, the better..

what is happening with NXT right now is another good lesson to learn from.. well first of all the lesson is don't get hacked if you're an exchange and secondly, don't perform a rollback or hardfork for an exchange. it would just blemish the reputation of your coin, ala the great Vericoin bailout of '14.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
I hope you guys are planning a much smoother wallet launch than the SYS guys - hope the past few months have been spent on solid development that delivers cleanly on all promises.

Question: what percentage of NEM have already been doled out as stakes and what percentage remains to be distributed as regular coins at the big wallet launch?

Hi sdersdf2 ,

Indeed, our dev team is working hard to make things run as smooth as possible once we launch, this is why a lot of testing is done right now.

As for your question, all NEM will be distributed at launch. NEM stakes are only a token which represents NEM until we have the real thing - so NEM stakes will also be exchanged for real NEM at launch.
full member
Activity: 224
Merit: 100
I don't see the point in a beta release.  A stripped down beta client traded on exchanges like Poloniex doesn't bring utility to anyone, except short term speculators who intend on dumping some weeks after launch.  Maybe this would had flied back in October 2013 but I feel standards may be higher now in the crypto community.


We already have a stripped down beta client - it's called Alpha.  We already have trading - it's called the token exchange.  If someone does not like it then they have the exit strategy of selling their tokens.   It just means a weak hand will let go and a stronger hand will take their place.     Long term stability is dependent that the community consists of holders and not dumpers looking to make a quick buck.

It's a hard balance between features and speed. We are planning to launch with at least a few features that other cryptos don't have. After "launch" I think it is safe to say that anyone who sells in the first half year is crazy, as we will still be adding many new features (we'll probably release a proposed roadmap/feature list at some point).

If everything goes well, we should see a power ecosystem by June next year. That is provided we have support from the community to make this happen.


What kind of support do you need?
full member
Activity: 224
Merit: 100
I hope you guys are planning a much smoother wallet launch than the SYS guys - hope the past few months have been spent on solid development that delivers cleanly on all promises.

Question: what percentage of NEM have already been doled out as stakes and what percentage remains to be distributed as regular coins at the big wallet launch?
legendary
Activity: 1059
Merit: 1016
I don't see the point in a beta release.  A stripped down beta client traded on exchanges like Poloniex doesn't bring utility to anyone, except short term speculators who intend on dumping some weeks after launch.  Maybe this would had flied back in October 2013 but I feel standards may be higher now in the crypto community.


We already have a stripped down beta client - it's called Alpha.  We already have trading - it's called the token exchange.  If someone does not like it then they have the exit strategy of selling their tokens.   It just means a weak hand will let go and a stronger hand will take their place.     Long term stability is dependent that the community consists of holders and not dumpers looking to make a quick buck.

It's a hard balance between features and speed. We are planning to launch with at least a few features that other cryptos don't have. After "launch" I think it is safe to say that anyone who sells in the first half year is crazy, as we will still be adding many new features (we'll probably release a proposed roadmap/feature list at some point).

If everything goes well, we should see a power ecosystem by June next year. That is provided we have support from the community to make this happen.
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
I don't see the point in a beta release.  A stripped down beta client traded on exchanges like Poloniex doesn't bring utility to anyone, except short term speculators who intend on dumping some weeks after launch.  Maybe this would had flied back in October 2013 but I feel standards may be higher now in the crypto community.


We already have a stripped down beta client - it's called Alpha.  We already have trading - it's called the token exchange.  If someone does not like it then they have the exit strategy of selling their tokens.   It just means a weak hand will let go and a stronger hand will take their place.     Long term stability is dependent that the community consists of holders and not dumpers looking to make a quick buck.

It's a hard balance between features and speed. We are planning to launch with at least a few features that other cryptos don't have. After "launch" I think it is safe to say that anyone who sells in the first half year is crazy, as we will still be adding many new features (we'll probably release a proposed roadmap/feature list at some point).
hero member
Activity: 756
Merit: 506
I don't see the point in a beta release.  A stripped down beta client traded on exchanges like Poloniex doesn't bring utility to anyone, except short term speculators who intend on dumping some weeks after launch.  Maybe this would had flied back in October 2013 but I feel standards may be higher now in the crypto community.


We already have a stripped down beta client - it's called Alpha.  We already have trading - it's called the token exchange.  If someone does not like it then they have the exit strategy of selling their tokens.   It just means a weak hand will let go and a stronger hand will take their place.     Long term stability is dependent that the community consists of holders and not dumpers looking to make a quick buck.

sr. member
Activity: 756
Merit: 250
Patmaster en XTESTER I send you a message to claim my token, can you please respond?? thanks

Your token should be in your account already for almost a week.

Thanks, when is the official launch and can I still use the token then?

Hi twistelaar,

Please check the updated OP. You should be able to redeem the token for real NEM at launch.

"9. Additional conversion condition: A maximum of 2 NEMstake tokens will be allowed to convert to NEM per one NXT account (with one unique NEM receiving account). That means if one account sends more than 2 NEMstake tokens back to the issuer account for NEM, he will receive the cap for that account of 2 million NEM. This hopefully will partly discourage an early concentration of NEM in a few accounts. "

Is this still in force. I want to buy some more ? or is necessary to split tokens to other accounts ?



I have been going on the assumption that I can have only two and that if I buy more there is the possibility that I will not be able to redeem more.
legendary
Activity: 1279
Merit: 1018
Patmaster en XTESTER I send you a message to claim my token, can you please respond?? thanks

Your token should be in your account already for almost a week.

Thanks, when is the official launch and can I still use the token then?

Hi twistelaar,

Please check the updated OP. You should be able to redeem the token for real NEM at launch.

"9. Additional conversion condition: A maximum of 2 NEMstake tokens will be allowed to convert to NEM per one NXT account (with one unique NEM receiving account). That means if one account sends more than 2 NEMstake tokens back to the issuer account for NEM, he will receive the cap for that account of 2 million NEM. This hopefully will partly discourage an early concentration of NEM in a few accounts. "

Is this still in force. I want to buy some more ? or is necessary to split tokens to other accounts ?

hero member
Activity: 497
Merit: 501

When you're dealing with currencies not backed by anything, yeah, this is quite common. As crypto's are taken more seriously (Especially with the arrival of non-PoW currencies) i think prices will rise and thus stabilize as time goes on. Even better if there's some backing from the precious metal communities.

However, even a little bit of experience tells you that provided the drop is not caused by something serious - say, faulty code or an exploit in said code - no doubt ,the coin will bounce back. Most do.


These are but minor ripples in the ocean that is crypto. The problem is people let panic and fear effect their judgement far too much - they get preoccupied with the more immediate and obvious trivialities and don't broaden their view outward.

Well I will tell you one thing, if we don;t launch in September...

What if we dont?

If we don't launch in september, i'm not going to be bothered - why? Because they've delivered on an alpha client and have shown on many occasions their dedication and seriousness to the project. Provided transparency is kept and the people are informed as to why there is a delay, i do not view this as a concern.

Without transparency, all people rely upon is conjecture and assumptions (often spearheaded by people like CFA for their own gains/agenda). This is when you start seeing panic sells/buys and other such movements, of which can threaten the project. Transparency is crucial and compared to many coins, i believe NEM is doing exceptionally well -- especially as Utopian obviously didn't quite grasp this, which was delt with accordingly and swiftly.

If you think people are not going to be disappointed if we don;t launch in september I have a bridge I would like to sell you.

I never said they wouldn't be disappointed. I'd be disappointed to - what i said was, provided there are legitimate reasons for such, it doesn't faze me at all.

I'd much rather have a rock solid platform now which helps promote confidence then something thats breaking at the seams and only further promotes doubt and fear - the very reason why so many are suspicious of crypto's in the first place.
hero member
Activity: 700
Merit: 501
1000% ROI Masternode Coin

When you're dealing with currencies not backed by anything, yeah, this is quite common. As crypto's are taken more seriously (Especially with the arrival of non-PoW currencies) i think prices will rise and thus stabilize as time goes on. Even better if there's some backing from the precious metal communities.

However, even a little bit of experience tells you that provided the drop is not caused by something serious - say, faulty code or an exploit in said code - no doubt ,the coin will bounce back. Most do.


These are but minor ripples in the ocean that is crypto. The problem is people let panic and fear effect their judgement far too much - they get preoccupied with the more immediate and obvious trivialities and don't broaden their view outward.

Well I will tell you one thing, if we don;t launch in September...

What if we dont?

If we don't launch in september, i'm not going to be bothered - why? Because they've delivered on an alpha client and have shown on many occasions their dedication and seriousness to the project. Provided transparency is kept and the people are informed as to why there is a delay, i do not view this as a concern.

Without transparency, all people rely upon is conjecture and assumptions (often spearheaded by people like CFA for their own gains/agenda). This is when you start seeing panic sells/buys and other such movements, of which can threaten the project. Transparency is crucial and compared to many coins, i believe NEM is doing exceptionally well -- especially as Utopian obviously didn't quite grasp this, which was delt with accordingly and swiftly.

If you think people are not going to be disappointed if we don;t launch in september I have a bridge I would like to sell you.
hero member
Activity: 497
Merit: 501

When you're dealing with currencies not backed by anything, yeah, this is quite common. As crypto's are taken more seriously (Especially with the arrival of non-PoW currencies) i think prices will rise and thus stabilize as time goes on. Even better if there's some backing from the precious metal communities.

However, even a little bit of experience tells you that provided the drop is not caused by something serious - say, faulty code or an exploit in said code - no doubt ,the coin will bounce back. Most do.


These are but minor ripples in the ocean that is crypto. The problem is people let panic and fear effect their judgement far too much - they get preoccupied with the more immediate and obvious trivialities and don't broaden their view outward.

Well I will tell you one thing, if we don;t launch in September...

What if we dont?

If we don't launch in september, i'm not going to be bothered - why? Because they've delivered on an alpha client and have shown on many occasions their dedication and seriousness to the project. Provided transparency is kept and the people are informed as to why there is a delay, i do not view this as a concern. Considering NEM has newsletters and other such sites, concise, and clear communication to a wider audience is obviously their aim.

Without transparency, all people rely upon is conjecture and assumptions (often spearheaded by people like CFA for their own gains/agenda). This is when you start seeing panic sells/buys and other such movements, of which can threaten the project. Transparency is crucial and compared to many coins, i believe NEM is doing exceptionally well -- especially as Utopian obviously didn't quite grasp this, which was delt with accordingly and swiftly.
Jump to: