Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1966. (Read 2984910 times)
there's something happening on trello...
Ok
Just thrpwing some words out there which could replace 'foraging'
-yielding
-reaping
-Harvesting ( as we all know)
-garnering
Or NEM could make up its own term as appose to using a dictionary term
for instance
'NEMering'
Just thrpwing some words out there which could replace 'foraging'
-yielding
-reaping
-Harvesting ( as we all know)
-garnering
Or NEM could make up its own term as appose to using a dictionary term
for instance
'NEMering'
I like Nemering, might just call it 'Nemming'.
Some unique word would be my preference.
Nemering would be a unique term, but it also is a city in Germany
http://www.strassenverkehrsamt.de/lokal/nemering-94571
We will make it the capital of the New Economy Movement and make our own flag
Once we become rich enough we will get our own army and air force too.
Bitcoin miners are firstly looking for reward blocks, and then secondly backing up the network. The word "miner" is good because it shows that they are randomly trying to get gold (bitcoin).
But in our system people that run a node can't have their primary goal be to earn fees. NXT has run into this problem. From a economic perspective, forging in NXT is a losing game. Most people that are not original founders of NXT will not earn enough fees from NXT to pay for electricity. Why? Because there are no block rewards, but instead only transaction fees.
The main motivation behind forging/mining in NEM should be to protect our stakes. As stakeholders, if we don't run nodes, then the network will fall apart. I think a word for forging/mining in POI system should emphasis, not the rewards from fees, but the fact that a person running a node is vested in protecting the network from attack.
Something like "gating" or "guarding" is literally more what is happening.
I like a word more like "backing" though. As "backers" a person is "backing up" the network, but also getting NEM "back" as a reward. Additionally, "backers" would be the "backbone" of the network.
Can anybody else think of a word that focuses on maintaining the network but also infers getting a reward?
Yeah, true, I don't think 10 stakes is that much of an issue .. still, they are only allowed to cash out two of them right?
That limit doesn't matter because they can split their stake over several accounts. So we could remove that limit, doesn't change anything anyway...
-1 ?
I am remembering that someone of the devs was suggesting some limit and a way to restrict the amount of stakes. The links below contain some possibilities ?
This was in the queue before the "harvesting"
Are there any plans to prevent possible sockpuppets to receive more than eg. 5 stakes?
https://nxtforum.org/alternate-cryptocurrencies/nemstake-discussion/msg50732/#msg50732
Or is it now an ineffective way, coz there may be persons, who have "legally" more stakes than defined? (They may have bought them from auctions and AE)
Edit: https://nxtforum.org/alternate-cryptocurrencies/nemstake-discussion/msg50783/#msg50783
https://nxtforum.org/alternate-cryptocurrencies/nemstake-discussion/msg50732/#msg50732
Or is it now an ineffective way, coz there may be persons, who have "legally" more stakes than defined? (They may have bought them from auctions and AE)
Edit: https://nxtforum.org/alternate-cryptocurrencies/nemstake-discussion/msg50783/#msg50783
Yeah, true, I don't think 10 stakes is that much of an issue .. still, they are only allowed to cash out two of them right?
That limit doesn't matter because they can split their stake over several accounts. So we could remove that limit, doesn't change anything anyway...
NEMstake Distribution Statistics: Top 20 Accounts 21/06/14
Code:
NXT account# NEMstakes
13254208495541261949 (508 issuing account, patmast3r)
17608602816185410240 11.2
8028525856051036832 10.2
12405492669314277647 10.1
5325356548538816495 10.0
1122574420547470719 9.9
41855536211966686 9.5
3926514745862325951 9.0
11443325618684916666 6.2
15221399620409774121 5.2
15399860524892043771 5.0
11556030554344548032 4.8
8694684292489930350 4.4
808367022974862437 4.1
15823105675099633759 4.0
8189784314684138350 4.0
29996814460165 3.4
7840590664141527502 3.4
1167914123707330885 3.0
16324215072635086341 3.0
1895431871779964393 2.8
I looked at those accounts on the NXT block explorer. A lot of that is from NXT whales that have millions and millions of NXT. Those accounts can't sell their NXT without crashing the market so it is in their best interest to diversify. NEM is actually the best thing that has come along for them. It is also in NEM's best interest to have some NXT whales investing in it. It helps stabilize price support and shows that other people that have been very successful in crypto are looking at NEM as the next big thing. There has been a lot of NXT/NEM hate that is really unnecessary. A lot of the NEM developers started NEM after working on NXT and there is some crossover. Even the lead developer of NXT is excited about NEM.
Anyway, right now I don't see it as a problem that one person owns 5-10. If one NXT whale wants to buy 100 shares, then that whale could possible hurt NEM later on, but with thousands of stakes, one person holding 10 won't really move the market.
I am a little jealous myself actually. I would love to own 10 stakes. hahahaha.
Yeah, true, I don't think 10 stakes is that much of an issue .. still, they are only allowed to cash out two of them right?
OK, ive been out of the loop for a while since UF resigned.
I hold a NEMstake and want to know when i need to claim it and to whos NXT account i claim my token with.
I take it we get our 1 million NEM deposited once it hits beta around August?
Since people are criticizing distribution, can i link my BCT username to the stakeholders database?
I hold a NEMstake and want to know when i need to claim it and to whos NXT account i claim my token with.
I take it we get our 1 million NEM deposited once it hits beta around August?
Since people are criticizing distribution, can i link my BCT username to the stakeholders database?
Back to digital world from the real world (in which my son Sebastian has been accidently killed)
It's just to relativize the problems and concerns of Nemsters
It's just to relativize the problems and concerns of Nemsters
Omg, my sincere condolences howi!
Back to digital world from the real world (in which my son Sebastian has been accidently killed)
It's just to relativize the problems and concerns of Nemsters
It's just to relativize the problems and concerns of Nemsters
Even if I don't know you personally I'm sorry for your loss.
My condolences.
Back to digital world from the real world (in which my son Sebastian has been accidently killed)
It's just to relativize the problems and concerns of Nemsters
take my condolences... It's just to relativize the problems and concerns of Nemsters
put my invoice 
Props to Rockethead who made it!
Great Job, Rockethead, this is really amazing!
You Our Star, I think.
Well done and best wishes!
Ok
Just thrpwing some words out there which could replace 'foraging'
-yielding
-reaping
-Harvesting ( as we all know)
-garnering
Or NEM could make up its own term as appose to using a dictionary term
for instance
'NEMering'
Just thrpwing some words out there which could replace 'foraging'
-yielding
-reaping
-Harvesting ( as we all know)
-garnering
Or NEM could make up its own term as appose to using a dictionary term
for instance
'NEMering'
I like Nemering, might just call it 'Nemming'.
Some unique word would be my preference.
Nemering would be a unique term, but it also is a city in Germany
http://www.strassenverkehrsamt.de/lokal/nemering-94571
We will make it the capital of the New Economy Movement and make our own flag
Once we become rich enough we will get our own army and air force too.
Back to digital world from the real world (in which my son Sebastian has been accidently killed)
It's just to relativize the problems and concerns of Nemsters
my condolences to you and your family It's just to relativize the problems and concerns of Nemsters
that really sucks
Back to digital world from the real world (in which my son Sebastian has been accidently killed)
It's just to relativize the problems and concerns of Nemsters
It's just to relativize the problems and concerns of Nemsters
Right, NEM started out as a clone, but now is totally new code.
At this point, I still consider any publicity to be good publicity.
But soon, yes, we need to make the points very clear about just what NEM is and isn't.
At this point, I still consider any publicity to be good publicity.
But soon, yes, we need to make the points very clear about just what NEM is and isn't.
https://soundcloud.com/legendface66/beyond-bitcoin-5-delegates-forgers
Important player in NXT talks about NEM at 1 hour and 13 minutes.
Important player in NXT talks about NEM at 1 hour and 13 minutes.
I wish they would not refer to NEM as a "NXT clone" or "fork of NXT" because it isn't. At least they did clarify it afterwards but it's still in the description on Soundcloud. Good stuff though.
It appears most people get their information about NEM from the first returns on Google, which would be the initial registration thread which states NxT is a Fork / Clone, although this information is outdated but it still interests people who have heard of NxT's success in being the #3 crypto.
https://soundcloud.com/legendface66/beyond-bitcoin-5-delegates-forgers
Important player in NXT talks about NEM at 1 hour and 13 minutes.
Important player in NXT talks about NEM at 1 hour and 13 minutes.
I wish they would not refer to NEM as a "NXT clone" or "fork of NXT" because it isn't. At least they did clarify it afterwards but it's still in the description on Soundcloud. Good stuff though.
https://soundcloud.com/legendface66/beyond-bitcoin-5-delegates-forgers
Important player in NXT talks about NEM at 1 hour and 13 minutes.
Important player in NXT talks about NEM at 1 hour and 13 minutes.
NEMstake Distribution Statistics: Top 20 Accounts 21/06/14
Code:
NXT account# NEMstakes
13254208495541261949 (508 issuing account, patmast3r)
17608602816185410240 11.2
8028525856051036832 10.2
12405492669314277647 10.1
5325356548538816495 10.0
1122574420547470719 9.9
41855536211966686 9.5
3926514745862325951 9.0
11443325618684916666 6.2
15221399620409774121 5.2
15399860524892043771 5.0
11556030554344548032 4.8
8694684292489930350 4.4
808367022974862437 4.1
15823105675099633759 4.0
8189784314684138350 4.0
29996814460165 3.4
7840590664141527502 3.4
1167914123707330885 3.0
16324215072635086341 3.0
1895431871779964393 2.8
13254208495541261949 (508 issuing account, patmast3r)
17608602816185410240 11.2
8028525856051036832 10.2
12405492669314277647 10.1
5325356548538816495 10.0
1122574420547470719 9.9
41855536211966686 9.5
3926514745862325951 9.0
11443325618684916666 6.2
15221399620409774121 5.2
15399860524892043771 5.0
11556030554344548032 4.8
8694684292489930350 4.4
808367022974862437 4.1
15823105675099633759 4.0
8189784314684138350 4.0
29996814460165 3.4
7840590664141527502 3.4
1167914123707330885 3.0
16324215072635086341 3.0
1895431871779964393 2.8
I looked at those accounts on the NXT block explorer. A lot of that is from NXT whales that have millions and millions of NXT. Those accounts can't sell their NXT without crashing the market so it is in their best interest to diversify. NEM is actually the best thing that has come along for them. It is also in NEM's best interest to have some NXT whales investing in it. It helps stabilize price support and shows that other people that have been very successful in crypto are looking at NEM as the next big thing. There has been a lot of NXT/NEM hate that is really unnecessary. A lot of the NEM developers started NEM after working on NXT and there is some crossover. Even the lead developer of NXT is excited about NEM.
Anyway, right now I don't see it as a problem that one person owns 5-10. If one NXT whale wants to buy 100 shares, then that whale could possible hurt NEM later on, but with thousands of stakes, one person holding 10 won't really move the market.
I am a little jealous myself actually. I would love to own 10 stakes. hahahaha.
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