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sorry for asking a newbie question?  but why is it important for small accounts to run their nodes. Is it not enough for big accounts to run the system, they are forging all the fees anyway. How does the POI system work anyway, Who or what determines which node is more important. Will it be possible in NEM for a person with 100 NEM to forge more then a person with 10000 NEM? It depends on a couple of factors and I think the details e.g. balance between factors aren't 1000% worked out yet. The amount of NEM you own will still be a factor. Also it will be a factor how much you actually use NEM. If you buy 100000 NEM but never make a single transaction your not going to get very far in terms of forging. It will also depend on what kind of node you are running. If you are running a client node you're not as important to the network as if you're running a server node which holds the entire blockchain. I am trying several algorithms for POI right now. I think we will settle on a harmonic mean between amount of NEM and importance to the network. Will you publish your simulations ? I think it'd help people understand POI and also give them an idea on their potential forging power. Yes, I plan to make my work open source when it is ready. Would you consider waiting a few months, maybe 6 months to a year. Considering all of the NXT clones popping up. I think what I will do is decide the algorithm and implement it on the NEM blockchain. Then write a paper outlining POI, and right before the release of NEM, I would release the paper (not just w.r.t. NEM, but also as a proposal to implement POI to improve bitcoin). This would give us great community feedback on the security of the algorithm in time to make changes before the launch, but hopefully not in time for others to copy and beat us to it. This project is open source, though, so we'll see how things go. I do want to have POI fully explained and demonstrated before the final NEM blockchain is launched. Expectantly up |
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Unfortunately I'm not a programmer and may you laugh me, but what if we would write another coin (little brother of NEM), which would only be possible to mine/forge by trading and/or holding NEM? The more you hold, the more you mine. Also if you sell or buy some NEM you're earning some of the little brother. NEM should get an unbelievable thrust through and it would people even more animate to use this Movement. More I would bet some little stakes for Social Media, especially pages which are specialized for enlightening peepz and tell them about our current monetary system . 100 000 NEM for example for https://www.facebook.com/Killuminati.for.Wakeup?fref=ts when posting about us. This may would bring a big thrust of new takers interested to Cryptocurrency because 372 000 sociocritical people would read and hear about it. Tell me what you think of it good idea. nem finally started.up up.  |
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NXT users should be rewarded for forging or running a node. How about after fractional amounts are implemented, we split the transaction rewards 50/50 between the account forging and the NXT nodes that are hallmarked. Every time a block is found, half of the transaction fees are credited evenly to the hallmarked nodes.
Let's say 1000 hallmarked nodes are on the network. A block is found that has 10 NXT transaction fee. The forging account gets 5 NXT. The other 5 NXT gets divided up and distributed to the 1000 accounts running on hallmarked nodes. Each node's hallmarked account would get 5/1000 = 0.005 NXT. The 0.005 NXT would not be broadcast as a transaction, but simply credited to the account.
This would allow smaller accounts to provide a service for NXT, running a node, and get rewarded consistently at the same time.
I do not think accounts should be penalized for not forging. NXT should reward people and not penalize them.
Good idea, expect to achieve . |
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Work together to develop nem.
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Shameless repost, we need community members to get involved for this to be great! nemcoin.info Current Versions are at: http://oddape.co/AwkwardTheme/index1.9.8.html (black theme) and http://oddape.co/AwkwardTheme/index1.9.7.html (blue theme) Google Docs: https://docs.google.com/document/d/1gbp1rivOTFZvtBG0_rJabUyyKbDuZjMBx9jiifBJO0c/edit?usp=sharing (nemcoin.info proposal) Please give me your input, I have appreciated all the suggestions so far! Do you like the black or blue theme? I prefer the blue theme as I think it is more welcoming, but the black theme would go well with ournem.com This site is built on the bootstrap framework, so it is super optimized for fullscreen and mobile sizes (I will optimize it for tablets later, but it still looks ok there for now) Also. an "updates" section will be the next thing I implement into the site. I can use more pictures, etc for the website!!! If I use your images/graphics/pictures whatever in the final design, You will receive some NEM from me shortly after launch.
A great part of this website will be the “case study” (read all about it in the google docs).
Any merchant or charity or fellow stakeholder that wants to get involved please post at this thread:
http://nemcoin.userboard.net/t45-nemcoininfo
read the google docs for more info on how you can help, thanks!I love the blue theme, it gives an energetic feeling (like NEM  )! We are the NEW economy movement, while the black color seem a bit conservative. I love the blue theme too, good job. up |
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good job. up up! |
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Work together to develop the nem, stop unnecessary controversy
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I am supposed to publish the unified stakeholder list today but I have just finished thread 1. I apologize for the delay but I do need some sleep now so will be back at work tomorrow. Be patient UP Expectantly You should get more rest |
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NEM is being more and more people know that we are witnessing a great revolution. UP |
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add me plz interested |
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INTERESTED |
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updated to 0.7.6! working well |
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GOOD! GREAT WORK. UP |
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Hello utopianfuture
I am fans of a digital currency, but also the firm nxt holder. Because the information is not timely, unfortunately, missed the nem of the congregation raised. I hope you can give me a chance.
I briefly introduce myself:
I am an engineer in information security technology, to pay the company as director of information security work in a home-known Internet.
I work in information security has been 10 years, has a wealth of experience in information security, the second generation of encryption I have a strong interest in the currency of nem also looking forward, if necessary, I can enrich my experience in information security participation nem test for nem escort.
Urge you to give me the opportunity to join nem IPO once again, thank you.
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