Hi,
I just bought a Trezor hard Wallet. Any new news about nem been included in trezor wallet? that will be nice
Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 325. (Read 2985265 times)
October 19, 2017, 02:32:09 PM
October 19, 2017, 12:09:31 PM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
Its was free for the first 20 pages or so for people who posted "I am interested" in the Announce thread. After that there was a small fee, which increased every 20 pages. So in the end after sockpuppets were removed they got around 3000 stakeholders who each received a Nem stake (2250000 Nem).
It wasn't POS and all was released on the genesis block
Wow, so it was basically all given away when the genesis block was created. That is very interesting model compared to the usual POW launch. Was there any issues regarding getting on exchanges by using this distribution model?
Not interesting at all, it happens all the time and there's alway coin giveaways. It just happens that NEM turned into a real project, one of the few.
And why would there be issues listing it on exchanges? That doesn't make sense at all, there was issues with duplicate accounts and sock puppets but NEM foundation was very proficient at getting rid of most spammers/sock puppets.
I qualified for the free stake at the beginning but I ended up donating the NXT for the NEM to the foundation since I saw it as only acting in a fair way in accordance to the spirit of crypto space.
My "interesting" comment wasn't a criticism. I was just curious on the details of how NEM was launched and how POS coins can be launched fairly.
I didn't think you criticized NEM, I was just pointing out that the initial distribution wasn't all that interesting.
Even NEM didn't have a fair launch, UtopianFuture unfairly created and still controls many of the sockpuppets accounts he made to enrich himself/ his team. It was a sort of "premine" with the disguise of actual users which turned out to be sockpuppets from him.
Ironically he was the one heading the sockpuppet removal from the NEM distribution.
He supposedly retired but everyone that was involved from day one knows that he just stopped logging into his UtopianFuture account, made some announcement to pacify the community and is still around involved with NEM. We don't know who he might be, the only people that might know are the team involved in the creation of NEM and even then only 1 or 2 people might know who he is.
In the end, it doesn't matter because NEM is turning out to be something bigger than UtopianFuture anticipated. It was thanks to the efforts of other devs and community members stepping in and not letting the project die. Otherwise it would have been another coin that got pumped and dumped/died into obscurity.
you are assuming a lot.....every one of the initial holders were gone through with a fine tooth comb including Utopian Future, in fact especially Utopian Future. So there is no truth to the fact that he has a stash...or ever had a stash. He works on other projects now. I have checked almost every comment ever on on NEM on Telegram and here and absolutely nothing regarding any involvement by him. The devs went to all sorts of lengths to ensure complete fairness over months and months.
yes ... I am remembering that it was mainly the dev team, which wanted that there must be certainty that Utopianfuture had really left the house. And so happened; quite soon UP gave all his tasks to other Nembers.
Maybe it was suspected that it would have been a marketing and imago risk, if people outside of the community would have noticed that UP is still in the NEM project.
Imago issues are quite sensitive
... and some people are specialized to paint it black
October 19, 2017, 11:46:56 AM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
Its was free for the first 20 pages or so for people who posted "I am interested" in the Announce thread. After that there was a small fee, which increased every 20 pages. So in the end after sockpuppets were removed they got around 3000 stakeholders who each received a Nem stake (2250000 Nem).
It wasn't POS and all was released on the genesis block
Wow, so it was basically all given away when the genesis block was created. That is very interesting model compared to the usual POW launch. Was there any issues regarding getting on exchanges by using this distribution model?
Not interesting at all, it happens all the time and there's alway coin giveaways. It just happens that NEM turned into a real project, one of the few.
And why would there be issues listing it on exchanges? That doesn't make sense at all, there was issues with duplicate accounts and sock puppets but NEM foundation was very proficient at getting rid of most spammers/sock puppets.
I qualified for the free stake at the beginning but I ended up donating the NXT for the NEM to the foundation since I saw it as only acting in a fair way in accordance to the spirit of crypto space.
My "interesting" comment wasn't a criticism. I was just curious on the details of how NEM was launched and how POS coins can be launched fairly.
I didn't think you criticized NEM, I was just pointing out that the initial distribution wasn't all that interesting.
Even NEM didn't have a fair launch, UtopianFuture unfairly created and still controls many of the sockpuppets accounts he made to enrich himself/ his team. It was a sort of "premine" with the disguise of actual users which turned out to be sockpuppets from him.
Ironically he was the one heading the sockpuppet removal from the NEM distribution.
He supposedly retired but everyone that was involved from day one knows that he just stopped logging into his UtopianFuture account, made some announcement to pacify the community and is still around involved with NEM. We don't know who he might be, the only people that might know are the team involved in the creation of NEM and even then only 1 or 2 people might know who he is.
In the end, it doesn't matter because NEM is turning out to be something bigger than UtopianFuture anticipated. It was thanks to the efforts of other devs and community members stepping in and not letting the project die. Otherwise it would have been another coin that got pumped and dumped/died into obscurity.
you are assuming a lot.....every one of the initial holders were gone through with a fine tooth comb including Utopian Future, in fact especially Utopian Future. So there is no truth to the fact that he has a stash...or ever had a stash. He works on other projects now. I have checked almost every comment ever on on NEM on Telegram and here and absolutely nothing regarding any involvement by him. The devs went to all sorts of lengths to ensure complete fairness over months and months.
October 19, 2017, 09:59:40 AM
It's time to vote for a new exciting project proposal: https://forum.nem.io/t/community-fund-proposal-copyrightbank-a-blockchain-powered-copyright-registration-and-verification-for-digital-works/8567
October 19, 2017, 03:08:08 AM
Seems like xem will be listed on a Korean exchange soon.
https://www.kex.com/index.html
https://www.kex.com/index.html
October 19, 2017, 01:56:19 AM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
NEM doesn't use POS nor POW.NEM has it's one unique consensus algorithm called POI = Proof of Importance.
unlike to most POS coins there is no inflation.
all coins were created in the genesis block and you can only be rewarded with transaction fees.
POI means the more "important" (uptime of your node, number of transactions, ...) you are for the network the more you get.
October 19, 2017, 01:48:42 AM
Hi Guys,
I am new to NEM. Can summarize what is going it with it and are there any enterprises using it. And any learning materials around it ? I will have a loot at the official site.
I am new to NEM. Can summarize what is going it with it and are there any enterprises using it. And any learning materials around it ? I will have a loot at the official site.
Aside from looking at the OP and the website, I would recommend watching the videos at the Nem youtube channel. Everything you would want to know about NEM are in these and they are also up to date.
https://www.youtube.com/channel/UCnsSiqyb0PuQkqT4v8Xjugw
joining telegram is also a good idea for a constant information flow
October 18, 2017, 05:59:26 PM
Hi Guys,
I am new to NEM. Can summarize what is going it with it and are there any enterprises using it. And any learning materials around it ? I will have a loot at the official site.
I am new to NEM. Can summarize what is going it with it and are there any enterprises using it. And any learning materials around it ? I will have a loot at the official site.
Aside from looking at the OP and the website, I would recommend watching the videos at the Nem youtube channel. Everything you would want to know about NEM are in these and they are also up to date.
https://www.youtube.com/channel/UCnsSiqyb0PuQkqT4v8Xjugw
October 18, 2017, 04:56:49 PM
Hi Guys,
I am new to NEM. Can summarize what is going it with it and are there any enterprises using it. And any learning materials around it ? I will have a loot at the official site.
I am new to NEM. Can summarize what is going it with it and are there any enterprises using it. And any learning materials around it ? I will have a loot at the official site.
October 18, 2017, 03:47:15 PM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
There was an airdrop
nem somehow created the airdrop idea year ago
October 18, 2017, 03:45:15 PM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
There was an airdrop
October 18, 2017, 02:12:27 PM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
Its was free for the first 20 pages or so for people who posted "I am interested" in the Announce thread. After that there was a small fee, which increased every 20 pages. So in the end after sockpuppets were removed they got around 3000 stakeholders who each received a Nem stake (2250000 Nem).
It wasn't POS and all was released on the genesis block
Wow, so it was basically all given away when the genesis block was created. That is very interesting model compared to the usual POW launch. Was there any issues regarding getting on exchanges by using this distribution model?
Not interesting at all, it happens all the time and there's alway coin giveaways. It just happens that NEM turned into a real project, one of the few.
And why would there be issues listing it on exchanges? That doesn't make sense at all, there was issues with duplicate accounts and sock puppets but NEM foundation was very proficient at getting rid of most spammers/sock puppets.
I qualified for the free stake at the beginning but I ended up donating the NXT for the NEM to the foundation since I saw it as only acting in a fair way in accordance to the spirit of crypto space.
My "interesting" comment wasn't a criticism. I was just curious on the details of how NEM was launched and how POS coins can be launched fairly.
I didn't think you criticized NEM, I was just pointing out that the initial distribution wasn't all that interesting.
Even NEM didn't have a fair launch, UtopianFuture unfairly created and still controls many of the sockpuppets accounts he made to enrich himself/ his team. It was a sort of "premine" with the disguise of actual users which turned out to be sockpuppets from him.
Ironically he was the one heading the sockpuppet removal from the NEM distribution.
He supposedly retired but everyone that was involved from day one knows that he just stopped logging into his UtopianFuture account, made some announcement to pacify the community and is still around involved with NEM. We don't know who he might be, the only people that might know are the team involved in the creation of NEM and even then only 1 or 2 people might know who he is.
In the end, it doesn't matter because NEM is turning out to be something bigger than UtopianFuture anticipated. It was thanks to the efforts of other devs and community members stepping in and not letting the project die. Otherwise it would have been another coin that got pumped and dumped/died into obscurity.
October 18, 2017, 01:01:32 PM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
Its was free for the first 20 pages or so for people who posted "I am interested" in the Announce thread. After that there was a small fee, which increased every 20 pages. So in the end after sockpuppets were removed they got around 3000 stakeholders who each received a Nem stake (2250000 Nem).
It wasn't POS and all was released on the genesis block
Wow, so it was basically all given away when the genesis block was created. That is very interesting model compared to the usual POW launch. Was there any issues regarding getting on exchanges by using this distribution model?
Not interesting at all, it happens all the time and there's alway coin giveaways. It just happens that NEM turned into a real project, one of the few.
And why would there be issues listing it on exchanges? That doesn't make sense at all, there was issues with duplicate accounts and sock puppets but NEM foundation was very proficient at getting rid of most spammers/sock puppets.
I qualified for the free stake at the beginning but I ended up donating the NXT for the NEM to the foundation since I saw it as only acting in a fair way in accordance to the spirit of crypto space.
My "interesting" comment wasn't a criticism. I was just curious on the details of how NEM was launched and how POS coins can be launched fairly.
October 18, 2017, 12:14:05 PM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
Its was free for the first 20 pages or so for people who posted "I am interested" in the Announce thread. After that there was a small fee, which increased every 20 pages. So in the end after sockpuppets were removed they got around 3000 stakeholders who each received a Nem stake (2250000 Nem).
It wasn't POS and all was released on the genesis block
Wow, so it was basically all given away when the genesis block was created. That is very interesting model compared to the usual POW launch. Was there any issues regarding getting on exchanges by using this distribution model?
Not interesting at all, it happens all the time and there's alway coin giveaways. It just happens that NEM turned into a real project, one of the few.
And why would there be issues listing it on exchanges? That doesn't make sense at all, there was issues with duplicate accounts and sock puppets but NEM foundation was very proficient at getting rid of most spammers/sock puppets.
I qualified for the free stake at the beginning but I ended up donating the NXT for the NEM to the foundation since I saw it as only acting in a fair way in accordance to the spirit of crypto space.
October 18, 2017, 12:10:42 PM
Wow, so it was basically all given away when the genesis block was created. That is very interesting model compared to the usual POW launch. Was there any issues regarding getting on exchanges by using this distribution model?
They arranged to launch on Poloniex, dunno about Bitttrex, and the very first sale was for about 10,000 satoshis a minute or two after the genesis block was open for business so that's a no.
It then worked its way down to 30 satoshis eventually.
October 18, 2017, 12:06:52 PM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
Its was free for the first 20 pages or so for people who posted "I am interested" in the Announce thread. After that there was a small fee, which increased every 20 pages. So in the end after sockpuppets were removed they got around 3000 stakeholders who each received a Nem stake (2250000 Nem).
It wasn't POS and all was released on the genesis block
Wow, so it was basically all given away when the genesis block was created. That is very interesting model compared to the usual POW launch. Was there any issues regarding getting on exchanges by using this distribution model?
October 18, 2017, 11:50:06 AM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
Its was free for the first 20 pages or so for people who posted "I am interested" in the Announce thread. After that there was a small fee, which increased every 20 pages. So in the end after sockpuppets were removed they got around 3000 stakeholders who each received a Nem stake (2250000 Nem).
It wasn't POS and all was released on the genesis block
October 18, 2017, 11:47:13 AM
Dont you just love all the detective work that all our dedicated NEMbers do to find all this news before it is released?
I love it!
We know XEM will be added to an exchange before its even official!
I love it!
We know XEM will be added to an exchange before its even official!
shouldn't there be an official announcement soon?
I still think they just stole the stylesheet from the koreans.
He makes a good point, let's not jump to conclusions. We all have seen what happens when social media tries to play detective.
October 18, 2017, 11:39:28 AM
Did NEM start with a pure POS when it launched? If so, how did it achieve fair distribution?
October 18, 2017, 11:16:43 AM
Dont you just love all the detective work that all our dedicated NEMbers do to find all this news before it is released?
I love it!
We know XEM will be added to an exchange before its even official!
I love it!
We know XEM will be added to an exchange before its even official!
shouldn't there be an official announcement soon?
I still think they just stole the stylesheet from the koreans.
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