To me the chain with the lower operational cost (all other things being equal) is better. And that chain is the one that is more efficient.
Amazing how people STILL, after 10 pages of the thread, are missing the point of the article in the OP. There is no "lower" operational costs regardless of the security model! Security costs will always rise to the level of the rewards being given, due to competition. erm.. Actually no.. How do security costs rise in a pos system when rewards are tx fees? Did security costs rise for nxt when the asset exchange came out and transactional fees doubled or quadrupled and in turn rewards doubled or quadrupled? No they didn't so your theory that securty costs rise as rewards rise is wrong..
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Don't quote the troll. Most of us here are excited about Nem, but there are some that will come here and spread FUD.
if your referring to bitcoinpokerbro that I quoted, I don't think he is a troll.
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25% allocated to devs ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) stakes going to development does not mean to devs pockets.. I'm not sure of the actual break down but I wouldn't think anyone will end up with any more than around 2-3% at most and if there is anyone who gets that amount it would probably only be the devs but they would be completely deserving of it after working on nem full time for close to a year and taking into consideration what they have produced. I don't think anyone would disagree wwith me on that.. Ps. Devs won't launch with out multisig ether so that funds can be held in multisig accounts. Very Near zero risk of theft.
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It seems weird that anyone would be against testing code...
Have you lost the focus? If the test-driven development is not used, it doesn't mean there is no testing! very different kinds of testing that (could) bare very different results. for optimal development i would assume a combination of the two would be best practice. test-driven development followed by a rigorous (closed) testing once a new version is released internally then followed by even more rigorous public testing. ie. test the crap out of everything as hard as possible. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) True. Unfortunately the optimal development is may be found only after many projects. How many cryptocoins one group must build? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Only one time is needed if you do it right. Who are those lucky .... Nobel prize winners ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Here is not suspected the success of NEM development. I guess NEM has devs, who are not doing their first project. Better chances ... You seem to say some people are going to win the Nobel prize? What are you trying to tell us? Are you saying that this is not the first crypto the devs are developing? That is something new. Maybe you want to share more with us. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) satoshi and bcnext working on nem? wow thats cool.. nem will be huge!
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It seems weird that anyone would be against testing code...
Have you lost the focus? If the test-driven development is not used, it doesn't mean there is no testing! very different kinds of testing that (could) bare very different results. for optimal development i would assume a combination of the two would be best practice. test-driven development followed by a rigorous (closed) testing once a new version is released internally then followed by even more rigorous public testing. ie. test the crap out of everything as hard as possible. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Why according to NXT pricing? nem is fairer than the NXT, more popular currency. It's worth more than the NXT ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) The code is a lot better too ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) How do you know? Did you study the latest version of the code of NXT? In the early days of NXT, the NEM developers were working on the code, even finding flaws in it. Whenever NXT has a new version go open source, it is pretty easy for them to go through the code. Also, as others have said, when Makoto says that NEM is being test-driven during the writing, it refers to the exact style of writing the code and the process in which it is built, not so much it being tested on a testnet. It is kind of a gold standard in writing code to make sure it is clean as far as I know. http://en.wikipedia.org/wiki/Test-driven_developmentdefinitely worth the read. also it does explain why more people need to test the beta. sounds like a great way to produce code. im surprised this isnt the standard way for cryptocurrency development to be done.
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The bears are running this shit tbh. It's not even a real battle.
I think you take for granted the idea that were.. 3x the trading price of summer - fall 2013 ( till bull rally ), accompanied by following a severe bearish leg in 2014 trading nearly a 100 dollars higher the the old ATH of 266. It's okay to feel that disbear...dispair though 1w can be green @ stamp a 367. HOLD damn you ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) how do you work that out? and when exactly does the one week candle close?
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Lol, I won't hold my breath for your "innovative" coin. No matter, the endless stream of clone shitcoins has already driven most of the money and interest out of alts anyway.
Supernet and NEM have a real shot at being something, and we'll see what's to come of the 420 alliance.
Your shitbox? If you're lucky your shitcoin might get micropumped and dumped onto a few idiots on some no-name exchange, IF you're lucky
Thank you for your comment. Obviously I won't take any of it to heart as it seems you don't have much knowledge of crypto currency. I am sorry that you feel that most coins are "shitcoins". I know that you must not know about crypto currency because if you had knowledge you would be out there contributing to the community. But instead you decide to come on to forums to be a little troll. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) To anyone else that do contribute to the community, I appreciate all of your suggestions. Thank you. actually hollowman338 does contribute quite a lot and he is actually right that the vast majority of the 5000+ coins out their are indeed shitcoins. only a very VERY minute amount are worthy of being called innovative imo and the fact your going with x11 does give the impression that this coin wont be much different from the plethora of other (half?)clones. now, myself and hollowman could be wrong.. could be right.. who knows.. what i do know is that 99.99999% of coins that are released do turn out to be a money grab for the devs or fail for any number of reasons or just stagnate pretty much from launch, so the odds are not stacked in your favour to "be the next light coin" i am afraid to say. but who knows.. Oh I see. I apologize if I said anything wrong. I do see your point and I understand. But this is not a scam/shit coin. This coin is currently backed by The University of Michigan. We are very well know in the state of Michigan. Anyways, I appreciate your comments. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) interesting. take a look at nem.. its probably one of the most forward thinking alts in the market. it would be worth having a look to get an idea of what a true innovative coin thats done things right looks like.. might give you some good ideas. best of luck with your coin.
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3) Code is based on test-driven development, so people that invest in NEM are getting a much better product for their money that has been developed better
I don't want to put words in your mouth but saying Nxt doesn't test their code before release would not be true. Test-driven development is a pretty standard practice. That's not what he's saying. Test-driven development doesn't merely mean testing your stuff. It means writing unit-tests before really implementing the actuall function. So you know what a function is supposed to do and write a test based on that and then test your function with it once you've implemented it. That way you can be certain your function does what you wanted it todo and of course with unit-tests in place you can recheck every time you change the code so it doesn't brake somewhere along the way. I have no idea how NXT devs operate though so I'm not argueing either way. what i think makoto also means is that nxt wasnt exactly battle tested when it was released and a huge amount of debugging had to be done post-launch to make it stable, where as nem is the opposite.
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joke thread
Yep. Pick two totally unrelated coins and do a A vs B ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) i think hes trying to give nem a bad public image by relating nem to exo in any way possible.. seeing "nem" in the title of a thread called "x" vx "exo" will make anyone who sees it think that nem is somewhat similar (or subconsciously project their thoughts of exo on to nem) , which it is of course not.. but public image can still be tarnished by this method seeing as lots will see the title but few will read the thread. its a very VERY insidious tactic that isnt glaringly obvious. for any noobs.. nem is a whole different beast.. exo is verging on a scam(ether that or the devs are not capable of launching a working blockchain and are afraid to admit it). nem has delayed launching(hence why people are trying to compare it to exo) but thats where the similarities end. nem has been delayed so that multisig can be implemented prior to launch, its got a working beta out for months and is working brilliantly. the two coins cannot be compared in any meaningful way.. its like comparing apples to f-35 fighter jets.
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Lol, I won't hold my breath for your "innovative" coin. No matter, the endless stream of clone shitcoins has already driven most of the money and interest out of alts anyway.
Supernet and NEM have a real shot at being something, and we'll see what's to come of the 420 alliance.
Your shitbox? If you're lucky your shitcoin might get micropumped and dumped onto a few idiots on some no-name exchange, IF you're lucky
Thank you for your comment. Obviously I won't take any of it to heart as it seems you don't have much knowledge of crypto currency. I am sorry that you feel that most coins are "shitcoins". I know that you must not know about crypto currency because if you had knowledge you would be out there contributing to the community. But instead you decide to come on to forums to be a little troll. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) To anyone else that do contribute to the community, I appreciate all of your suggestions. Thank you. actually hollowman338 does contribute quite a lot and he is actually right that the vast majority of the 5000+ coins out their are indeed shitcoins. only a very VERY minute amount are worthy of being called innovative imo and the fact your going with x11 does give the impression that this coin wont be much different from the plethora of other (half?)clones. now, myself and hollowman could be wrong.. could be right.. who knows.. what i do know is that 99.99999% of coins that are released do turn out to be a money grab for the devs or fail for any number of reasons or just stagnate pretty much from launch, so the odds are not stacked in your favour to "be the next light coin" i am afraid to say. but who knows..
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I just checked it and it was .11, but nis was listed as unavailable and in the starting state. I'm also getting error 305 pop ups frequently.
nis problem can show a smaller importance? Another problem is this communication of which kodtycoon is giving a wonderful example. If kod and Nem teams cant remark that, then starts the real problems. define soon? Soon could be 10 mins or 10 weeks.. It's been 5 days since that post.. It's not like posting the highest score is even important in any way shape or form.. Doesn't change anything other than give competitors an idea if they are far ahead or behind others and your not even a competitor.. I could of just as easily have said I'm not posting scores until the end.. I could even easier just nit bothered to organise it.. Like I said, once I can post the highest score As was Said in my original statement... Not a list of scores.. . I will. Your just looking for the slightest reason to troll someone.. Anyone.. And to try and make nem Look bad.. Or to get an aggressive response from someone so you can use that as ammo. I'm not going to give you that and I'm not going to discuss this with you any further seeing as your ill intentions are quite blatant. Troll somewhere else.. And quite frankly your a terrible troll.. You should go back to troll school and repeat your entire education cos you really suck at it.. Lol @Shawn I'm not replying after this ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Is there a "best list" for poi competition?
you mean competition rankings? no not at the moment.. il post a the highest score soon. JG7777 0.0014 mladen00 0.0013 schnötzel 0.0013 greese 0.0011 9 0.0011 jabo38 0.0011 tolstoy 0.0011 dadingsda 0.0011 jkoil 0.0011 solix 0.0011 Thanks kod ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It looks like the devs have shown who knows the most about PoI Is that Jaguar who is leading? Quite absolute that three best is now known. After three weeks competition they have 20% better importance than others. If the fourth would like to improve his position, it would require another three weeks. Would he beat the devs? Unlikely ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Did you mail everyone and ask or something? Cos I didn't post those stats.. And what are you talking about devs? Do you honestly think they have time or are bothered about competing? And the top 3 names are not the best known.. This reeks of fud... You have promised to send : "il post a the highest score soon." If something reeks fud, it is your post ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If that list is not correct, please give one. I have very limited download limit so can't download the blockchain until the 9th.. You expect me to download the blockchain and post stats and then not have internet till the 9th? Cop on ta yourself.. Why do you need the blockchain for list of importances? Isn't it just account/importances? kodtycoon, you promised to send ... soon! [/quote][/quote] Block explorer was down so yes I do have to. Find someone else to troll
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Is there a "best list" for poi competition?
you mean competition rankings? no not at the moment.. il post a the highest score soon. JG7777 0.0014 mladen00 0.0013 schnötzel 0.0013 greese 0.0011 9 0.0011 jabo38 0.0011 tolstoy 0.0011 dadingsda 0.0011 jkoil 0.0011 solix 0.0011 Thanks kod ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It looks like the devs have shown who knows the most about PoI Is that Jaguar who is leading? Quite absolute that three best is now known. After three weeks competition they have 20% better importance than others. If the fourth would like to improve his position, it would require another three weeks. Would he beat the devs? Unlikely ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Did you mail everyone and ask or something? Cos I didn't post those stats.. And what are you talking about devs? Do you honestly think they have time or are bothered about competing? And the top 3 names are not the best known.. This reeks of fud... You have promised to send : "il post a the highest score soon." If something reeks fud, it is your post ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If that list is not correct, please give one. [/quote]I have very limited download limit so can't download the blockchain until the 9th.. You expect me to download the blockchain and post stats and then not have internet till the 9th? Cop on ta yourself..
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Is there a "best list" for poi competition?
you mean competition rankings? no not at the moment.. il post a the highest score soon. JG7777 0.0014 mladen00 0.0013 schnötzel 0.0013 greese 0.0011 9 0.0011 jabo38 0.0011 tolstoy 0.0011 dadingsda 0.0011 jkoil 0.0011 solix 0.0011 Thanks kod ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It looks like the devs have shown who knows the most about PoI Is that Jaguar who is leading? Quite absolute that three best is now known. After three weeks competition they have 20% better importance than others. If the fourth would like to improve his position, it would require another three weeks. Would he beat the devs? Unlikely ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) [/quote] ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Did you mail everyone and ask or something? Cos I didn't post those stats.. And what are you talking about devs? Do you honestly think they have time or are bothered about competing? And the top 3 names are not the best known.. This reeks of fud...
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Hey all just checking in, my BT token still won't be available for redemption until NEM officially launches, which is currently at an unknown date but probably in December. Is this correct?
correct ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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155 socks were removed from the first round which is already calculated in the 2845 stake holders number. the second round is less than 200 (afaik) but more than 150 (i think)
So it´s still ~900 unclaimed stakes. Thats like 30% of the 2845 total stakes. If I understand it right, redemption of BTTstakes is suspended until after launch, so some will redeem later. Or are they still added to the list on chain.nem.ninja/stakes/registered ? Any plans to penalise them? They have not been active and should receive some less. The ones active and following with interest should get a bonus. all penalties have been dropped.. Prior to deadline gets you 100%.. deadline = 0.. Best way to do things imo.. The bonus idea is good but why should someone who doesn't lift a finger to comment get the same bonus as some who has been testing for months? That kind of thing opens the doors for all kinds of shit that we don't need.. Ether you get coins or you don't.. Nice and simple ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) people are getting easily long enough too so no one can complain if they lose their stake.. Whats the deadline now? Is it still till February? i have no idea lol i think it was based on 2 months from some other deadline or something.. That is why it is so confusing. I liked the earlier plan where it would take 25% off after every month. well lots complained before and not a single person has complained now so it was the right decision I think
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155 socks were removed from the first round which is already calculated in the 2845 stake holders number. the second round is less than 200 (afaik) but more than 150 (i think)
So it´s still ~900 unclaimed stakes. Thats like 30% of the 2845 total stakes. If I understand it right, redemption of BTTstakes is suspended until after launch, so some will redeem later. Or are they still added to the list on chain.nem.ninja/stakes/registered ? Any plans to penalise them? They have not been active and should receive some less. The ones active and following with interest should get a bonus. all penalties have been dropped.. Prior to deadline gets you 100%.. deadline = 0.. Best way to do things imo.. The bonus idea is good but why should someone who doesn't lift a finger to comment get the same bonus as some who has been testing for months? That kind of thing opens the doors for all kinds of shit that we don't need.. Ether you get coins or you don't.. Nice and simple ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) people are getting easily long enough too so no one can complain if they lose their stake.. Whats the deadline now? Is it still till February? i have no idea lol i think it was based on 2 months from some other deadline or something..
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