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Are you tellin' me that I could have claimed a stake for my "baby momma"? UNBELIEVABLE! NEM SUCKS!!!1111Eleventy
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@DecentralizedExonomics How are you doing today, 2Kool4Skewl?  Btw you used the same meme face here earlier didn't you? I was honest and I only claimed ONE NEM stake
+1 Why not cut down on all that hatred, it ain't doing no good to anyone including yourself. I understand where you're coming from but your recent post history here is a little extreme. ... staying away from mostly pointless cryptocoin discussions(/fights) for a couple months was good. I'll do it again I guess. 2Kool4Skewl was banned from Bitcointalk. The lying, cheating and stealing must stop. If people associate themselves and promote a system which is based on lies, deceit and corruption, then they are no better than the perpetrators and are going against the original ideology of crypto. I "fight" for truth and fairness. I will defend the original ideology of crypto until the end. The line must be drawn somewhere and I draw the line here. OP pictured below, upset about his murdered sock puppet stakes
I believe this is a wrong guess, he has criticized other coins too. DecentralizeEconomics it's newbie account created especially to criticize everything except Nxt. @DE, we miss your BitShares communism pictures. It seems NXT is the only crypto which is free from the systematic collusion of the Corporatists, the Communists and the enemies of the original ideology of crypto.  |
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We've all been down this road before, but for the sake of any new people reading this, let's show how the Bitshares Plutocracy really controls the blockchain. How many shares would it take for delegates to be able to vote themselves in indefinitely?
If any group of owners forms a coalition of 51% of the stake, they would be able to lock in their set of delegates. To the extent that the rest of the owners are unable to unanimously agree on a different slate, that number could be lower. Sound familiar? Same as some group getting 51% of Bitcoin's hash power.
But, since behavior of a slate of delegates is transparently visible to everybody, a "bad" slate would be immediately apparent. Outraged wailing and gnashing of teeth would ensue. Should that happen, someone would surely launch a competing clone by doing a sharedrop on only keys that did not continue to support the evil slate. Now, the market and businesses in the ecosystem would have to choose
between the rogue fork and the fork with the rest of the stakeholders.
Presumably, if the behavior was sufficiently objectionable, the honest chain would win out. Those "left behind" on the bad chain would have lost their whole attacking stake to the discipline of the marketplace and would have to start over with new capital for their next attack. Those on the new fork would be compensated by having the shares left behind burned, with a corresponding increase in their percentage of the market cap. We strongly encourage attackers to do this over and over again. With DPOS, crime doesn't pay.
Compare that to POW. You could try to clone an honest fork, but all that rogue hash power remains untouched, and would follow you there. Welcome to the Hotel Hashifornia.
You can check out any time you like, but you can never leave. Of course, Stan, you are assuming 100% of the shareholders are voting which they are not. Last time I checked, you had under 20% of shareholders voting. Let us assume the following: - There are 101 delegates - The first delegate has 20% approval. - The last delegate has 10% approval. Now, "approval voting" is counter-intuitive to most people when they think of elections. With "approval voting", you can vote for as many or as few delegates as you wish. This allows strategic voters to unduly influence the outcome of the election. Let us imagine there is a group of shareholders, who for obvious reasons, want to position their own business interests into delegate positions. It is unknown to the general electorate that these specific businesses are really controlled, funded and backed by this "coalition of the wealthy". Now, let us furthermore assume that this "coalition of the wealthy" controls 5% of all shares and is participating in the delegate elections. I'm not a gambling man, but I'd wager that this so called "coalition of the wealthy" would probably control a good amount above 5% of all shares. The spread between the first delegate and the last delegate is 10%. We can furthermore assume that a brand new delegate candidate entering the elections will not solely be voted for by this "coalition of the wealthy", but instead will also receive some votes from the general electorate. Regardless of the proven identities behind these new delegate candidates, it is impossible to know who really controls the so called business of the new delegate candidate. The "coalition of the wealthy" can remove their 5% share vote from the last fifty delegates and vote them out of power. In addition, if they can gather >5% support from the general electorate, they can replace the delegate positions with delegates of their own choosing. Of course, no one really know which delegates are vested business interests of this "coalition of the wealthy". With increasing profits derived from taxation imposed on the general shareholders, these businesses can further solidify their delegate positions through unrestricted campaigning. They can also effectively smother out any of their competitors creating a monopoly because their taxation is offset by their collection of revenues from their delegate position. If a delegate holds >1.01% of all shares, they can operate effectively tax free. Stan would like for you to believe that this would be detected and stopped by the general shareholders because the delegates would start acting in bad faith. That is utter nonsense. This "coalition of the wealthy" and their delegates which they have vested interest wouldn't even conceive of destroying this newly found cash cow that they created and would do everything in their power to keep everything running smoothly to maintain their monopolistic position over the blockchain. Does this sound like Corporatism to you? |
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I've been around long enough to recognize idiots like you who have been burnt on bullshit and maintain a jaundiced eye towards any alt.
So pretty please, with a cherry on top, fuck off.
No |
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lol a post from march of LAST YEAR  how many of those sock puppets were murdered? try harder dumbass Anybody with any common sense knows how easy it was to get by those sockpuppet screenings. NEM was started by a lying cheat, UtopianFuture and everyone who decides to associate with NEM consciously does so knowing this. You're all a bunch of no good liars who only care about lining your own pockets at others expense. I'm sorry you lost a lot of fiat investing in shitcoins, but don't take it out on NEM. I haven't lost money on all these ridiculous scams. I even made money on NEM which is one of the biggest scams of all. Although, I wish my NEMstake would have gone to ZERO instead. Just exit crypto then please. BTC is due for an absolutely nightmarish rocket launch here soon (and from btc, to alts), and we don't need the likes of you taking shits everywhere with baseless garbage. Be gone, sir. Hahahaha You either haven't been around long enough to know the full story or are more concerned with lining your own pockets than telling the truth. |
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Actually, companies are generally formed as a way to pool resources so that they can accomplish something bigger than the individual members could do otherwise. Some bring ideas. Some bring talent. And some bring cash. All are necessary to the success of the company and owning shares is a way to keep track of relative contributions and to proportionally distribute the rewards of success. Yes, you can build a big company and it can become evil like any human-run institution of any type. But the core idea of a company as a way to organize pooled resources is neither good nor evil. Placing overly-generalized labels on things limits you to the minor leagues in the arena of ideas. Stan, I don't have a problem with corporations. I have a problem with corporations which attempt to control entire economic systems to monopolistic ends. Monopoly is the menace of free enterprise. Then you don't understand the BitShares Ecosystem. Every business built on BitShares is independent. Think of BitShares as a shopping mall that provides common services like utilities, internet, and parking lots for independent businesses who move in to take advantage of an environment in which they can prosper. I understand Bitshares perfectly. Because you use "approval voting", a very small minority of the wealthiest shareholders can effectively rig all the delegate elections in their favor, thus controlling the entire Bitshares ecosystem. This is Corporatism. The delegates (aka business interests) of the Bitshares plutocracy are funded by forced wealth redistribution carried out via taxation (aka inflation) without representation. This is Communism. Corporatism / Communism is not free market capitalism. |
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lol a post from march of LAST YEAR how many of those sock puppets were murdered? try harder dumbass Anybody with any common sense knows how easy it was to get by those sockpuppet screenings. NEM was started by a lying cheat, UtopianFuture and everyone who decides to associate with NEM consciously does so knowing this. You're all a bunch of no good liars who only care about lining your own pockets at others expense. I'm sorry you lost a lot of fiat investing in shitcoins, but don't take it out on NEM. I haven't lost money on all these ridiculous scams. I even made money on NEM which is one of the biggest scams of all. Although, I wish my NEMstake would have gone to ZERO instead. |
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OP pictured below, upset about his murdered sock puppet stakes
I believe this is a wrong guess, he has criticized other coins too. Which ones? Bitcoin, Litecoin, Bitshares, Ripple, Stellar, Doggy, MaidSafe, PayCon, Counterparty upset about his murdered sock puppet stakes
I was honest and I only claimed ONE NEM stake unlike the rest of you cheaters. |
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I've failed to see any actual math to back up the Nem "devs" assertions that PoI isn't susceptible to these types of attacks.
b) "within limits"? The Poloniex account had ~78% PoI the other day. What are these "limits"?
If you don't see the difference between ‱ and % I don't think we can continue this discussion... also do your math: 123469263 / 8999999999 = 137,188... ‱ So with 78‱ they are still behind their POS value. edit: oh I just looked at your post history, so it's my last post here Still doesn't stop it.  Hi there. Cool plan and awesome "attack"! Great way to generate fees of meaningless transactions that others simply harvest Being that generous you might as well just randomly send out btc/nxt/nem/... though :3 Are you sick and tired of this NEM crap? Do you want to rid the planet of all these NEMorons who only constantly lie, cheat and steal?
Did somebody hurt your feelings? Consider this a question to ask yourself m8 Oh RLY? Artificially increasing my PoI doesn't harm blockchain security??? |
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Step 1 - Create multiple accounts. Say a hundred for demonstration purposes.
Step 2 - Send your NEM around in a ring from account 1, 2, 3, etc to 100 and then back to account 1.
Step 3 - Repeat to increase your PoI and then obliterate the network. PROFIT!
That won't work, but have fun. Few issues here: a) cluster detection, b) this should bump poi a bit, but within limits c) keep in mind your vested balance is part of importance d) poi recalculation is done every 359 blocks I've failed to see any actual math to back up the Nem "devs" assertions that PoI isn't susceptible to these types of attacks. a) It is impossible for "cluster detection" to detect the infinite amount of account loop configurations. b) "within limits"? The Poloniex account had ~78% PoI the other day. What are these "limits"? c) You can leave some NEM in each account. This doesn't prevent this attack. It just makes it a little more costly. d) Recalculation doesn't matter because this is a sustained attack. |
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Isn't the long time to it get "vested" used to protect against this?
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How to Destroy NEM - Operation "Never Ever More" Are you sick and tired of this NEM crap? Do you want to rid the planet of all these NEMorons who only constantly lie, cheat and steal? This is an attack vector on PoI that will surely put those greedy liars back in their place. Step 1 - Create multiple accounts. Say a hundred for demonstration purposes. Step 2 - Send your NEM around in a ring from account 1, 2, 3, etc to 100 and then back to account 1. Step 3 - Repeat to increase your PoI and then obliterate the network. PROFIT!The following is a very simple network topology loop attack which will catastrophically destroy NEM. This type of attack has been repeatedly pointed out to the NEM "devs" and they simply ignore it because obviously they are more interested in making money than making a working crypto. Feel free to write a program that interfaces with the NEM client which automatically sends the NEM from account to account and change up the size of the account loop (number of accounts) and vary the timing of the txs. This attack is impossible to counter because there are infinite different network topology loops that can be constructed. It wouldn't surprise me if the NEM "devs", the liars that they've proven themselves to be (They chose to associate with UtopianFuture), aren't actively exploiting this to increase their harvesting. I hope this prevents some innocent people from putting their hard earned money in this ridiculous scam. |
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I didn't understand PoI fully yet. Is there a complete calculation example?
can someone tell me, how much more importance i will probably have, if i have 2 stakes with each half of the amount compared to one with the full amount?
and will the importance go down to zero, if i just HODL and not use my coins at all for paying or receiving?
poi of all users sum to 1.0 sending and receiving is good for poi combining those two facts, if you have two users having similar amount, one hoarding, other sending + recv some amounts, the former will most likely have bit lower importance. there are other factors too if you have vested balance > 10_000, it's quite unlikely that your importance will go down to zero. thanks, but still this are a little to less numbers :-) and is 2 nodes with unused coins the same as 1 node with the combined amount? shall I sit in front of my computer and send back and forth? probably I will pay more fees, than I can ever earn, right? I just want to know, what I can do, to improve importance. - better internet connection? - more nodes? - setting up dedicated node for others? Create multiple accounts and send all your NEM in random loops around from account to account and blow this baby up! |
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lol a post from march of LAST YEAR how many of those sock puppets were murdered? try harder dumbass Anybody with any common sense knows how easy it was to get by those sockpuppet screenings. NEM was started by a lying cheat, UtopianFuture and everyone who decides to associate with NEM consciously does so knowing this. You're all a bunch of no good liars who only care about lining your own pockets at others expense. |
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I think this might be the first-ever dedicated FUD thread against NEM after official launch. Progress.
#NEMhistory
#NEMorons What type of "egalitarian distribution" is THIS: https://bitcointalk.org/index.php?topic=426303.4020;wap2Selling all my (a bit less than 90 dont know the exact number but I will count it if you want to buy all) bitcointalk account all invested during nem IPO:
Altough I invested during the whole IPO period, all accounts invested different ammount of btc or nxt, I'm selling every one
account for 0.25 bitcoin / acc, no matter how much did I invest with that acc address, 0.008 or 0.075, all acc have the same price.
For those who want to buy all, im selling for 0.15 bitcoin / acc.
I know some other big nem sockpuppet stakeholders some with 1-5 and some with more than 20 acc, but im think I one of the biggest, 90 is a nice stake if you see the total is about 3k only.
The accounts were all signed up with different IP address, I used my Ukrainen VPN provider with Ukrainein IPs, so there are no 2 account where I logged with the same IP, every one have a different unique, I did this because afraid the bitcointalk admins can bann my accounts if they see many new created with the same IP, so all accounts are bann free.
There is no connection between the accounts and not in their addresses, I withdraw all the invested moneys from several exchanges to unique address, so even you can't find connection with taint analysis, maybe just find a common exchange address, but nothing more direct connection.
All acc have fake email, I dont have access to them, after you buy it you can change with the password, if you want to buy only a few acc I will give the username and password details via pm, if you want to buy all I uploading a text file.
With the 0.15 BTC price for the 90 acc, dont know how much one acc will get, but maybe calculate with 1 million nem in each.
So all with this price is 13.5 bitcoin, and you will have 90 million nem.
This will price 1 nem to 0.00000015 bitcoin or 0.00009$ (if you see 600$ / btc) this is a fair price for a new starting coin.
The last stakeholders paid 0.075 bitcoin, the higher price / acc is because now the IPO is closed, so the only way to buy nem stake before it launches is by buying accounts from who joined to the IPO, and almost nobody selling it.
For the haters: Yes I made sockpuppet accounts, but all of you reading this thread had the same opportunity to make more accounts, if you didnt than it means I took more risk than you, I invested a lot of time (1 week / constant 6-10 hours a day) and money to this IPO, and the OP post at the time the IPO started said if somebody invest that much time then he deserves it because believing in this coin.
Im living in Ukraine, so for personal reasons i need some fiat money instead of nothing now but I keep 5 or 10 btctalk nem accounts, because still thinking this coin have a future.
Write a PM to me!
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I'm glad you all like puppies because you're about to get crushed by the Doge.
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Actually, companies are generally formed as a way to pool resources so that they can accomplish something bigger than the individual members could do otherwise. Some bring ideas. Some bring talent. And some bring cash. All are necessary to the success of the company and owning shares is a way to keep track of relative contributions and to proportionally distribute the rewards of success. Yes, you can build a big company and it can become evil like any human-run institution of any type. But the core idea of a company as a way to organize pooled resources is neither good nor evil. Placing overly-generalized labels on things limits you to the minor leagues in the arena of ideas. Stan, I don't have a problem with corporations. I have a problem with corporations which attempt to control entire economic systems to monopolistic ends. Monopoly is the menace of free enterprise. |
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Why is the snake in pieces if it's supposed to be a united effort?
Because, if the snake doesn't unite against the threat it faces, it will die. |
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anyone have more info on that cubic thang ? I tried going to official site jinnlabs.com but "The requested URL /jinn-is-coming-soon-1/ was not found on this server." is all I get. Not very convincing yet  but im sure this is gonna be a nifty thing if its the cfb thats making it. Qubic isn't a currency. It is a protocol. Any currency could use Qubic as a protocol. BTC and NXT are both value tokens and both could be transferred on to the Qubic protocol.How does that work? Will your BTC/NXT be stored somewhere so you can be issued BTC/NXT tokens in Qubic? You could either "drop" them to existing BTC/NXT holders and then they'd have both or you could burn them. Lol, I wondered when you'd turn it back on TS hi daedelus is that attempt to answer above questions? if true then i dont get it. sorry de toekomst is een boek met zeven sloten eh maar nxt toekomst.. weet echt niet hoe dat kan LoL Tja, achterdochtig NL'er. Er zijn 'tuurljk geen zekerheden in dit wereld...... But: if no-one uses Qubic, or Nxt, or BTC then it's just: tough titties, kids. We wasted our time..... However, given the facts that Nxt has a shitload of outside projects running on it, a massive (and very competent) dev team, a great community and a good handful of clones/copies, Nxt is here to stay, and will only grow in the future. But what will it grow into? Thats the interesting question....... I too have a hard time seeing everyone abandoning NXT. I just don't believe that is going to happen. Imo, there is too much momentum behind it already. Regarding the scalability issue of the NXT PoS chain, I don't see an issue if blockchain shrinking is enabled as planned. If I'm missing something, maybe CfB can fill me in. NXT may evolve, but it won't go away. |
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anyone have more info on that cubic thang ? I tried going to official site jinnlabs.com but "The requested URL /jinn-is-coming-soon-1/ was not found on this server." is all I get. Not very convincing yet but im sure this is gonna be a nifty thing if its the cfb thats making it. Qubic isn't a currency. It is a protocol. Any currency could use Qubic as a protocol. BTC and NXT are both value tokens and both could be transferred on to the Qubic protocol. ok BUT what if nobody wants qubic protocol? what if nxt, nem, btc and all others dont wanna transfer to them protocol? what can qubic do on its own if nobody care about it will it be important to any1 in the world ? thx for ur answers Anyone could issue NXT tokens on the Qubic protocol. Then all NXT holders would have their original NXT coins on the NXT platform and their new NXT coins on the Qubic platform. No one would be forced to use either one, but instead, the market would decided. |
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