Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 95. (Read 2985503 times)

Here's a stopthecoverup performance:
I have been part of NEM for a long time. This is an emergency so I am speaking out. Everything here is documented in emails and text logs, which others can leak if they see fit.

Lon Wong was the NEM Foundacion president for 2017-2018. He suddenly “stepped down” in April 2018. In reality Lon was forced out because he was caught putting NEM resources and employees to his own company, ProximaX. In other words, stealing. And abusing the trust placed in him to act in the best interests of NEM. In fact, ProximaX is a fork and can be seen as a competitor to NEM and would likely step in to take NEM’s place if NEM did poorly. This was all covered up.

Kristof Vanderek took over as interim president until the end of 2018, when NEM community planned to elect a new president and council members.

Now the election is happening. This is the first time using this election rules and they were discovered to have major flaws in allowing fake voters. In the middle of 2018 the staff saw that hundreds of people (in one certain country) who were not involved in NEM had been signed up to vote. Kristof needs to release this information. Which country was that?

Lon’s lifetime friend Stephen Chia is the regional head of NEM Southeast Asia. Stephen is on the NEM Foundacion council. Stephen owns a large stake in ProximaX in his public accounts, and may own a lot more privately. Stephen stands to profit if ProximaX over take NEM’s business.

Stephen is now running for president of NEM, and Lon has promoted his campaign.

Kristof asked the council to change the voting rules to a more fair system. Stephen (and Nelson Valero) are thought to have blocked it and will not answer questions if they did. Kristof said the council worked on this since June and have kept hitting road blocks. Time was running out so the council compromised with a system that required a 50 USD fee as a spam prevention to stop people from signing up if they were not willing to put their own money into the success of the election.

Nelson was caught paying his own funds to other peoples voting accounts, against the purpose of the fee. Many other voting accounts were funded from a ProximaX account. It is estimated that there only 300 voting accounts and about 80 of them were paid for by ProximaX and its interests. These are NOT people who were involved in the NEM community, forums, development, or investing. Here is evidence. https://coggle.it/diagram/W-s6LTnK8iR79jfC/t/ndbrufe7r5oanede43vctmuvrhti6xz7tqfvntmu/be8d7b37ddc4e1bb7a8c3a4c9d6549ad1c0a389e9a9c2cdcea240ebb426a1302 26

Nelson has been asked directly by the community if he is taking money or working for ProximaX and has not yet answered direct questions. Is he acting as their employee? (Almost certainly yes.)

In the last 24 hours the council took a vote to switch the elections to POI voting, which is how all previous voting have been done. All other council voted yes but Stephen and Nelson blocked it.

The council wants to review and possibly remove some election voting accounts which cheated the spam prevention. Stephen and Nelson seem to trying to block this.

The reasonable conclusion is that Stephen and possibly Nelson are profiting from ProximaX, and seeking to cheat the election by blocking POI or other fair voting and paying non-community members to register. With their 80+ accounts they can win president, vice president, and stack the entire council with ProximaX people, against the community and NEM employees. They can massively divert NEM funds into ProximaX, or just crash NEM and ProximaX would rise in importance as NEM falls.

The other council members and the community must stop covering up this.

COUNCIL come in the open about why Lon was forced to step down.

COUNCIL, look at the NEM rules, laws, and constitution for malfeasance or conflict of interest. There are rules about acting against the interest of NEM.

ProximaX has been shown to have improperly taken NEM resources. (Lon was running ProximaX when he stole.) If Nelson and/or Steven was taking money or being an employee from a company that is known to have stolen from NEM, that is council member malfeasance and conflict of interest. Stephen clearly has a conflict of interest as a ProximaX stake holder AND as a candidate. One or both of their conflicted council votes must be removed or recused and a new fair POI council vote should happen.

Community members, if you agree, please let the council members know. Core developers, we need you to contact the council to tell them they are obligated to remove malfeasance.

I invite any one to dispute any thing here and see if the emails and document leaks come out to prove it.

STEPHEN MUST RECUSE FROM COUNCIL VOTE!

What is your definition for 'troll' ?

If you check ormin's posts, there is mostly more content than in your posts

Newbie trolls are usually just writing: "moon hhahahhaha",   "hello im new here. whatsup".

ormin started his career here with course statistics, what may mean that he is just one investor oriented member.
ofc he may be a clever "troll" who gives only such data which is suitable for his intentions - but that is what we all are doing here

from
 
Inside_NEM
NEM Foundation
6h
NEM Foundation Council Elections Announcement
On November 21, 2018, the Council held a follow-up meeting to the Extraordinary General Meeting in regard to issues with the upcoming elections for the 2019–2020 seats. Nearly all votes to approve these decisions were unanimous.

1. Accounts With a Closely Shared Source May Not Vote

Each individual member must have funded their own single voting account. Membership accounts that were funded from a source that previously funded other membership accounts will not be able to vote in the upcoming election.

The test is whether each membership account can be connected to another account within two generations of funding transactions. If so, only the first chronologically paid membership account will have voting rights, provided that such account applied for membership. All other accounts receiving funding from or giving funds to that account may not vote. If membership accounts are separated by three or more generations of transactions, they will have voting rights. These rules may be subject to some case-by-case examination.

Although we can’t show every possible scenario, please see the diagrams at the end of this page to help clarify.

2. Accounts Funded From Binance Require Verification

There are two large groups of accounts funded from Binance that are cause for concern. Instead of a blanket removal, we are allowing each person who funded his or her own membership account through his or her own individual Binance account to have voting rights if they verify the Binance transaction that funded their account.

Every membership account funded from Binance must provide a screenshot of the transaction history from their individual Binance account showing the transaction used to fund their membership account. The screenshot must also show the email address associated with that Binance account.

The deadline for providing this verification is November 27, 11:59 UTC.

We will send an email to all accounts that require this verification. If a Binance-funded membership account does not provide this verification by the deadline, that membership account will not be allowed to vote.

3. New Election Date Is Dec 14, 2018

Unfortunately, it’s not possible to implement these changes without pushing back the election date. Elections will be delayed by one week, and will otherwise still take place according to previous plans.

The new dates for voting will be December 10th — 14th, 2018.

4. Apostille Formatting Issues

Community members have noted that a few candidates submitted documents that contained formatting mistakes. On examination, these accidental rule infractions are not severe enough to warrant disqualification. The Foundation understands the concerns around this and affirms the importance of following rules, but in this case zero tolerance for mistakes would not serve the interest of a good election.

5. Multiple Votes Per Open Seat Allowed

At the request of many community members, voters will now be allowed to vote for as many candidates as they want within each category. For example, there are six council member seats available. Previously, each voter could only vote for one council candidate. This has changed so that each voter can now vote for one, two, six, ten, or any other number of council candidates.

6. Additional Note From the Council

NEM has always prided itself on its community. Uncertainty around this election has caused stress and conflict, testing the strength of this community. The Council takes its responsibility seriously and we apologize for these problems. Our highest priority is to ensure the process is carried out with fairness and due care. We are grateful for everyone who contributes to the success of NEM.

Date Registered:    September 09, 2016, 11:46:07 AM

Using one of his troll accounts that hardly has any activity.

 

Thor Network, the leading atomic-swap-powered DEX, announced a strategic partnership with NEM, one of the leading blockchain platforms, on November 22, 2018 to accelerate cross-chain technology developments and promote blockchain industry awareness.

https://medium.com/thor-network-blog/thor-network-dex-partners-with-nem-blockchain-1ec5b2a39698

Haha. But i'am not a troll. Real troll is from now on ignored by me (only for playing like a discarded plate, if i will se that the plate is new and not repeating i could unignore, but to be honest - who cares).

Beside that.The price of XEM is painful for me. Its hard to watch, but i must throw away my emotions and be practical. This dumptrend will be ended in this weekend maybe few days after that (with flash crash before move up). And that is not only hope. Mathemathics not lie. XEM will have huge pump. If temporary, okay - nothing new in case of market. I wish You all, even for those ignored, but ecpecially for NEM supporters Good Luck! Price is only poor and highly manipulated valuation of this project.

Some wallets are being released, but the flagship wallet must not be left in the cold. Once reviewed, if our wallet is unable to suck, it might be able to bring their alternative and 'brand' as an 'official' NEM wallet. Raccoons and Meters are both very great.

lol
Petro ended up going with DASH!

There are many great projects building on NEM still in the works

Agree.  The Crypto winter is likely to extend throughout 2019 early 2020, any shorter are dead cat bounces. The next real bull run isn't likely to start until end of 2020 and the next ATH / bubble towards the end of 2021.  You'll need an exit position.

Inactive troll account sitting on the sidelines, lot of us have seen these tactics before.

Nothing new. Yawn.  

Looks like top 10 on CMC is within reach at these volumes.

I have only one account, very rare used, but i know that my word have no power to convince anyone, especially suspicious one. My posts are not FUD. I have simply other point of view. I know that lowering price of XEM may hurt, but for so hard believer even few cents should be only temporary setback of project valuation, and good opportunity to accumulate. If NEM Foundation will be honest in their work, there is no reson to have fear. Failures from the past, should be however reworked and rethinked. That's not FUD too. Everyone makes mistakes, but only fools tend to repeat their bad moves.

And for now XEMUSD tries to defy this market massacre (like XRP or STR). 8 cents was tested and if it will be defended there are some chances for bounce. But Bitcoin must stop his downmove. Under 4000 in case of BTC, XEM is poised to go lower (whatever, temporary or not). Cheers.

Pointless trying to talk to FUD, the word 'techie' says it all.  

i'm really not sure that techies re invested in BTC and other cryptos. Rather, i thinkt that they are not invested  in BTC and other cryptos, maybe a very poor part of their investment.

Why not use your real account instead of these newbie accounts?

FUD much, techies lost a bunch of $$$ in their traditional markets and obviously techies are invested in BTC and other cryptos thus they are trying to recoup their losses for trusting greedy actors in the traditional stock market.

Been here a few years, it's all cycles.

Is there a bigger picture?. Yep, for sure. In this bigger picture nothing was delivered. Literally nothing. Usage of this phantastic blockchain and technology behind it is marginal so far. NEM Foundation has years of hard work now, before some visible changes will occur. I wish good work in the shades. Especially in 2019 and 2020. Winter is coming (in cryptosphere of course). And the game of throne will last many years too. Who will be the winner? Time will tell. I hope in NEM (in contrary to everything that price chart now says).

No point, unfortunately. 

can you tell us more about this bigger picture? i really like nem, but sadly i can't see right now good project based on its blockchain. For example, petro, was a delusion..

Pointless talking to those who look at these coins as just another stock market.

They don't see the bigger picture.

Well, if volume grows and price dumps then it means that there are more sellers than buyers. Of course there are buyers which know what is behind NEM and wait for the breakthrough that will come. But there are also bots which buy and sell what drives the volume, too.