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1061  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 28, 2014, 05:39:06 PM
For me the most important issue is the not yet implemented/well tested multisig feature. There will be development funds and they should not be managed by singular persons. Everybody should understand that this is for public benefit.

It's good that we have beta builds, that are available for public testing.
having developer funds in multi-sig from day 1 is a very respectable thing to do.  it can really instill confidence in NEM

Could someone ELI5 multi-sig? And why it's vital for NEM to have it on launch?

You wanted eli5...here it is.

Imagine you have a huge pile of cookies in a jar that is locked. It's a special lock and you need 3 keys to open the jar. The cookies belong to you, your brother and your sister. To make sure noone is eating everyone elses cookies the jar can only be unlocked when all 3 keys are turned. So noone get's any cookies unless everyone aggrees to take some out of the jar.

jar = wallet
cookies = fuckloads of NEMs
people = NEMs community (obv. there won't  be 2000 keys)

the point is to not have a single person in controll of a huge amount of funds. Since we're going to have many NEMs sitting in funds we need multi-sig to make sure noone goes rouge.

Im assuming on this scale that the unlocking of the jar will require a certain percentage of keys?

I'm unsure of how flexible exactly we'll be at launch but yes it's possble to set it up to not require every single key.
1062  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 28, 2014, 05:30:07 PM
For me the most important issue is the not yet implemented/well tested multisig feature. There will be development funds and they should not be managed by singular persons. Everybody should understand that this is for public benefit.

It's good that we have beta builds, that are available for public testing.
having developer funds in multi-sig from day 1 is a very respectable thing to do.  it can really instill confidence in NEM

Could someone ELI5 multi-sig? And why it's vital for NEM to have it on launch?

You wanted eli5...here it is.

Imagine you have a huge pile of cookies in a jar that is locked. It's a special lock and you need 3 keys to open the jar. The cookies belong to you, your brother and your sister. To make sure noone is eating everyone elses cookies the jar can only be unlocked when all 3 keys are turned. So noone get's any cookies unless everyone aggrees to take some out of the jar.

jar = wallet
cookies = fuckloads of NEMs
people = NEMs community (obv. there won't  be 2000 keys)

the point is to not have a single person in controll of a huge amount of funds. Since we're going to have many NEMs sitting in funds we need multi-sig to make sure noone goes rouge.
1063  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 28, 2014, 12:41:32 PM
Just curious - who was the lead dev responsible for establishing relationships with all of the participating exchanges? xtester? patmast3r?  kodtycoon? Well done.

IIRC:
kodtycoon initially contacted poloniex (or poloniex even contacted him - not sure) about trading NEMStake (the asset) on poloniex. After it was decided not todo that i took over and handled poloniex since then.
The rest is all xtester and there is quite a bit of stuff that is yet to be revealed that was also managed by xtester.

Xtester really has done an oustanding job !
1064  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 28, 2014, 10:08:01 AM
Well for me it doesn't really matter because I never had my stake on the AE and I don't want to sell it.

But I can understand when people are upset about this. People already have a lot of experience with deadlines being pushed back again and again, and by having their stake on the AE it minimizes their risk because they have the ability to get out if things start looking bad.

Extending the deadline might not bring the effect you are hoping for because people want to keep trading until the last minute.

The only effect we're really hoping for is a perfect launch with 4 exchanges and a perfectly working network.
If people want to trade until deadline - 1 sec it's their business.
1065  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 28, 2014, 09:25:18 AM
it looks that we have a new EXOCOIN with endless delays

they wrote "We will - for now - not give a new deadline. We have to know when exactly we launch first. We realize that this will probably make people on the AE trade even longer - nothing we can do about that. "


argh, i don't understand why.

I still hold some NEM stakes on AE and i am not going to redeem  them before the last day of redemption period ,because of these delays.

And how is it an advantage to have it on the AE ?
You realize that these delayes are partially decided because people keep them until the last minute possible ?
1066  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 28, 2014, 08:07:23 AM
https://forum.nemcoin.com/nem-news-alerts/redemption-being-extended-again/
1067  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 28, 2014, 07:49:17 AM
Hi makoto,

may i decide to get gold instead of silver bonus or do i have to trade the silvertokens on AE to change it to gold after launch?

Sorry, but that would be too complicated (we have to handle about 2000 stakeholders here, so doing lots of special cases makes it too easy to make errors).

Not to mention that then obviously everyone would want gold and that would be quite expensive.
1068  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 27, 2014, 11:44:52 AM
Please don't quote the trolls. Makes my ignorelist useless  Undecided

r u intimating that I'm troll Huh

Embarrassing

Funny, becaus when I had no profile and just reading bitcointalk, i remember that i noticed ur post here in nem.
You sounded so initiate, though u just started! 

he must be a child genius ,i thought, how can I join here ever ,when I'm not a genius like patmast3r

Later I joined .and read a lot: utopianfuture's, dzarmush, zero.. ans others and of course patmast3r's mailings. Learned much, i can say.

When utopianfuture left, then leash was loose.
Aye, Jawohl, Pat, u know what i mean.
There was nothing to hold that barking dog...  aufhalten nicht Cheesy

aye, nothin but a barking dog ...........
It s high time 2 u  confess that, u 2 Pat. U 2.




I can't say that understand most of your post but I'll try to answer it anyway.
I have no idea if you're a troll but you do come accross as one. Maybe the obvious language barrier makes it seem even worse. Also the fact that all your accounts (or what I suspect are also yours) seem to post the same bs so...there's that.

UP never cencorsed me or put a leash on me. It's just the longer the pre-launch phase goes on the more I get frustrated with people and the easier it is for me to say something I shouldn't have. I'm very aware that I have a bit of a temper but that always has been the case and UP never talked with me about that. Think I've gotten better at that recently Smiley 

No idea what I'm supposed to confess.
1069  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 27, 2014, 07:16:43 AM
Maybe there should be a paragraph on the website explaining what NEM actually is? Preferably in layman's terms so non-tech savvy people will know what it is.  

E.g. "NEM is a cryptographic, decentralised payment system and economic ecosystem. Blah  blah no central bank blah blah rewarding users with transaction fees blah blah."

Also might be wise to mention the client is free? Just buzz words


I agree with you Clam. Bringing things down to layman will be key to NEMs continued succes.

Speaking of which, I recall there being talk of having our client compatible with feature phones/non-smart phones - so that our features can reach the masses. Anything new on this?

Yup. It's very easy to fall for the same traps as others - by assuming people understand even basics that everyone else (like us) considers common knowledge.

You get this in any field regardless of specialty - and you get "specialists" who frequently assume people understand even basics the majority are unaware of.

Clear, step-by step guides are an absolute must, not just in the wallet setup, but also on higher levels such as running nodes on various OS's.

No worries. I think it's safe to say that we've learned the hard way that even the most basic stuff can't go without saying. We will work on detailed explanations of every feature and some guides on how to do certain things. Right now there's just so much else todo that those things are not a priority.
1070  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 25, 2014, 12:13:16 PM
Is there a place I can sign up for if I wanted to do the Finnish translation for NEM?

I should graduate in about a year with a master's degree in law here in Finland, so I think I can handle Finnish pretty well.

Signup on forum.nemcoin.com (currently having some problems) and look for the translation thread.
I'd post a link but since I can't access the forum...
1071  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 25, 2014, 12:03:02 PM
The NEM Forum is down.

Yes. First it was really slow and now it's totally inaccessible. I smell ddos.
1072  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 25, 2014, 09:07:03 AM
I can not open at the same time my UI game and the NCC webbrowser.
True ?
Do you have a plan to extend NEM to the Unity3D gamedevs community ?

I haven't done anything with Unity3D so it's hard for me to give any advice here.
What exactly is the problem when you try to open both ?
1073  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 25, 2014, 08:53:59 AM
Can I have two (or more) NCC on the same computer ?
What is the file tree ?
I would like to integrate NEM into Unity3D
(only the basic features)  Roll Eyes




Only via VMs. If you just start it multiple times the port will already be taken. It's not of great value for the network if multiple instances are running on the same IP though. It'd better to have multiple instances spread over multiple machines Smiley
Ok thanx
Is NEM full open source ?
I can swith the port via a simple script

RE :
A full standalone implementation (jar plugin --> assets store)
would be great !!
I can't deal with this Jetty thing into Unity3D

Currently only NCC i.e. the client part is open-source. NIS i.e. the server part will follow though. No word on when yet.
1074  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 25, 2014, 08:39:31 AM
Can I have two (or more) NCC on the same computer ?
What is the file tree ?
I would like to integrate NEM into Unity3D
(only the basic features)  Roll Eyes




Only via VMs. If you just start it multiple times the port will already be taken. It's not of great value for the network if multiple instances are running on the same IP though. It'd better to have multiple instances spread over multiple machines Smiley
1075  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 24, 2014, 02:04:15 PM
Please don't quote the trolls. Makes my ignorelist useless  Undecided
1076  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 24, 2014, 10:21:53 AM
Need help!

Canīt sync since 2 days. On pc1 wallet stucks at block 48242 and on pc2 i canīt even login because NIS is not available.

Latest release should help with that I think but you'll need to start from scratch.
1077  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 24, 2014, 07:40:14 AM
I hope the people on the AE are clear about this and are aware of the launch. Of course this whole thing should never have happened. A clear cut off date should have been stuck to....too much indecision.

At the minimum they should have been penalised. If they can not be bothered to register on time they deserve a lesser stake.

They are somehow penalized if their addresses are not in genesis block:
less POI for many days
no free silver coin
slight possibility their NEM are stolen before they get them
they lose everything if don't redeem in time

There is no point in punishing people in my opinion

How are they supposed to be stolen ? If anything their btt / NXT accounts are compromised but their NEMs will not be stolen.
1078  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 23, 2014, 12:51:05 PM
Can you not just write to the btt account that registered it then? Do ya still have a list of tokens mapped to users?

Not in this case I don't.

ok thats weird.. :/ do you think its a fraudulently claimed stake?

I don't know what exactly is up that's why I'm searching.
1079  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 23, 2014, 12:47:17 PM
Can you not just write to the btt account that registered it then? Do ya still have a list of tokens mapped to users?

Not in this case I don't.
1080  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends on 29 November[Updates&Discussion] on: November 23, 2014, 12:13:36 PM
Why don't you write those people a Nxt message? I guess the chance is higher that they will recognize such a message.

WHO REGISTERED THE ADDRESS NBRIVG-FLOE3O-AXF3V5-OSHJHY-6NWRRM-PBP7O7-FJXK ? - PM ME NAOW!

Because I don't have a NXT address.
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