Thanks for this update and clarification. It's awesome to see the light at the end of the tunnel on the Coincheck hack. NEM should definitely be higher. I wish I had more cash to buy it cheap. Your clarification is my basic understanding of catapult, and the various stages in which it will be released. Hacker Wallet addresses:Main one being drained: NBEAUKXJLBJXXTPXN2OPIX3LZQWWZA56IQO2P5S3 One that's been static: NDABPHWFPH7KL5FADCW66V4GYLVXHKYQIPWL4G2B edit/ The obvious implication that most assume is that at the of the end of dumping, we would see a price increase. Seasoned traders agree, and are planning for it. The price point the hacker is dumping at is ~3300 sats. These same traders are buying in that range. - But I am sure many will dump somewhere along the line as price increases. However the effect short term traders have, should be like a drip in comparison to the hackers flood. And thank you to whoever all has donated!  /edit 2nd edit/ I feel like it's important to correct and clarify some things I shared in the past. Most importantly the issue of catapult release. Mostly due to language barriers, I made a mistake in my assumptions. I've since been corrected by some within NEM foundation. Lon Wong said catapult source will be released this quarter. However, he was meaning the mijin source - which DOES run on catapult code. Mijin is a private chain. It's primary use is for businesses to use an in-house chain that can communicate with the main NEM public chain. Additionally, I was told that Lon may have meant by the end of the 4th month, which would be April. I guess we will find out soon enough! This is still great news! It will make it much easier for businesses to use mijin and likely the main NEM chain as well. It should draw the attention of large enterprise seeking to improve their current in-house operations. Mijin chain can reduce operational costs for many businesses by a significant degree. - No need to take backups, no need for extensive hardware, no need for elaborate security software, amongst so many things! Even things we might not consider right away - like a business no longer having a need for file-cabinets, thus saving on floor space, time spent finding paperwork, loss of documents, etc. With all that said. Catapult implementation on the public chain is unlikely to occur before the 3rd quarter, which begins July 1st. However, don't bank on this exact date, as it will most likely require more time. At the same time, I wouldn't wait until then to plan an investment in NEM. Even with the current state of NEM, we have great advantages over other smart-asset blockchains, including Ethereum. Many smart asset chains aren't even a functional product yet, and most don't expect to be this year. /2nd edit |
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Thanks for the link to the article. I bookmarked it because the stats are very interesting when it comes to figuring out how to better reach out for mainstream adoption. Today’s Bitcoin Buyers Are Still Early Adopters: Survey Says 8% of the American Population Now Own Cryptocurrency A new survey of Americans has discovered that the cryptocurrency community still has a long way to go to in order to simplify the technology or to reach out and educate more people in the United States, especially among women and older folks. https://news.bitcoin.com/survey-says-8-of-the-american-population-now-own-cryptocurrency/Demographics that DNotes is reaching out to. DNotesEDU, Crypto moms, DCEBrief all helping bridge the gap for mainstream adoption. |
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I've used Crypto-Bridge recently, and that's part of the general BitShares based decentralized trading network. It is clunky and difficult to use. So yeah, not ready for the prime time. It's definitely good for DMD to be on these decentralized exchanges now. Just know that they are currently a turnoff to many people who just want to be able to conduct their cryptobusiness in a simple and streamlined fashion.
I have tried using Crypto Bridge too. As my own experience, this exchange is hard to use (as you said), and transaction fees are too higher (much more higher than other exchanges). Nevertheless, decentralized exchanges might be new hot trend this year or several coming years. Decentralizing is key point in crypto ecosystem, hence exchanges should and will not be exceptions. It might be better if Diamond project will have its own decentralised exchange. i see DEX (decentral exchanges) to fill the niche for people who for some reason dont want or cant go through an verify user process which will become more and more required on classic exchanges and such users will even accept the a bit more difficult way to operate such DEX and DEX can be used as a free escrow service for outside of exchange trades so be listed at at least one such DEX platform have added value the big crowd that did already verify with exchanges will stick with the exchanges we have now Agreed. We definitely want DMD to have a presence on the top decentralized exchanges. As you say, there are people who either prefer or feel forced to use them, and we wouldn't want to deprive them of a good DMD market. I will use them when I have to. Recently I wanted to buy a position in SMART Cash, and Crypto-Bridge was the only viable option, so I went with it. It was a royal pain, but I got the coins I wanted. And the team that develops a *user-friendly* DEX will be sitting pretty. So, go for it! |
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Just wanted to update everyone here on the hackers funds. He has nearly drained the bulk of XEM. About ~20 mill remaining in the wallet he's draining now. + An additional 16mill that hasn't been moved. Maybe the 16mil is his retirement fund?  So he's almost out! That is a significant drop from the 130mil he had yesterday! It sure seems like we would see some price movement upward once he's done flooding the market! Especially with NEM being exposed to so many new people, on Binance. I have been surprised how many traders hadn't even heard of NEM! Thanks for the update. That is good to know. I agree with what others have said about how coins whose goal is anonymity are going to be weeded out. They just won't work with KYC laws. The smart coins are recognizing this, coming to terms with it, and even embracing it, and that's a good thing. DMD Diamond recently made a statement to that effect. And DNotes, which is about to launch its version 2.0, is also fully embracing regulatory compliance. Being a holder of NEM, I'm very glad to see NEM taking that route too. |
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Guys how is the testing going? Everything running smoothly and by expectations? Can't wait to see the whitepaper and more detailed plans for Dnotes 2.0 and of course also how the market will react But for significantly higher volume in trading I think that is still essential to get listed on more (better) exchanges. It is a shame that Poloniex delisted DNOTES some time ago. I personally would love to see DNotes on BitTrex. BitTrex is kind of becoming the top exchange--at least in the US. Polo was having some weird issues a while back (nothing to do with delisting DNotes) and that kind of turned me off to using them as much as I had before. |
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Nowadays, centralised exchanges are a norm, they are fast and some of them attract significant number of traders, however, there are many disadvantages to this model. They are not permissionless, they are prone to failure i.e. hacking and ever tighter legislation can in some cases create unnecessary barriers. Centralised exchanges are going to play an important role for foreseeable future and be main on and off ramps to FIAT. However, blockchain community as a whole is eventually going to move to a decentralised model of exchanging value. DMD Diamond will continue to develop technology, promote and work with projects that can offer such possibilities. Even though, this type of technology has still some way to go before it is ready for prime time, when it arrives it will change the crypto landscape in a significant way. DMD is currently working on integration with https://crypto-bridge.org/ and we hope to be featured there in the near future. I don't agree too much with the statement i put in bold, have you watched bitshare/openledger decentralized exchange ? I'm using it by some months and i don't think that is a non mature product.... Cheers I've used Crypto-Bridge recently, and that's part of the general BitShares based decentralized trading network. It is clunky and difficult to use. So yeah, not ready for the prime time. It's definitely good for DMD to be on these decentralized exchanges now. Just know that they are currently a turnoff to many people who just want to be able to conduct their cryptobusiness in a simple and streamlined fashion. |
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These events like coincheck hack remind me of Spartan mothers leaving their new born babies outside overnight, it weeds out the weak, leaving the strong to become badass motherfucking warriors. XEM survived the cold night, and now becomes badass warrior. If a crypto Can't benefit from being the source of the biggest theft in history, it deserves to die!
Point taken, but what an awful analogy! NEM is an inanimate object. It has its value but it's not alive. Leaving newborn babies exposed to the elements is plain cruel. Just makes me cringe as a parent. |
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So, abandoned coin?
Or just abandoned thread?
Where are the Fimk developers?
I'm working on taxes, and it would be nice to know if I should write this venture off as a loss or not...
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I'm not surprised, and the logic behind the EO makes sense. Again, I appreciate that the Trump Administration is generally very open minded about cryptocurrencies. When it does ban something, it's a very specific token and the reasons are also specific. |
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I would like to apply to be a merit source. I am an established member of this forum since 2013. I'd like to have the ability to "discover" lesser known members, particularly newbies, who post quality content but whose work is not necessarily seen by people who can give them merit because they aren't promoting themselves. Below are ten posts I'd consider to be undervalued in terms of merit. #1 I was wondering if/when spendable merit got replenished. I have spent some of mine but haven't noticed any more added. Is there a good thread that explains the whole merit system? I tried to search for it, but didn't turn up anything--this thread was the closest.
There are a lot of merit threads, but this one is where theymos introduced merits, and I suppose is the main starting point merit thread. Regarding replenishing of spendable merits, the basic answer is that you only get more spendable merits by receiving merits from other members (at a rate of half a smerit for every merit received from another member) - unless you happen to have been designated as a merit source. So far, theymos has only designated 80 merit sources, and you can see that here. Theymos did state a plan to increase members who are designated as merit sources, such as 100s of merit source designees in the future, yet it remains unclear what kind of specific merit source target number he has in mind or the exact timeline for such, but I would think likely under 1,000 merit source designees in the coming year or so based on what he has already stated on the topic, but that is largely inferential speculation on my part. #2 The hacker is still moving XEM from account to account, and eventually into exchanges - primarily onto Bittrex. He probably has stolen identities and whatever else necessary to create the accounts. Pretty good sign that he hasn't been busted.
Last I checked there was 70mil XEM remaining in his last wallet, with ~30mil still in exchanges.
Hopefully he dumps it all sooner, rather than later. I think we are all ready for thought of him still having XEM to be over with.
I think it's best if we all look at the bright side of this, whether or not the hacker gets away.
1. He crashed price, giving us excellent buy opportunities.
2. Drew much attention to exchange security, resulting in actions to strengthen it.
3. One could claim he played a robin-hood role of sorts, redistributing tax (fees) to us lowly plebes.
4. Proved NEM blockchain tech. - A. It can't or won't be manipulated by a big boss or a government. B. It can be traced, even when laundered, and even by average joes like myself. C. NEM chain can securely handle large volumes of transactions even without Catapult implemented yet!
#3 #4 We are on target for the prototype release of DNotes 2.0 on March 18th. CRISP and Invoicing system included. The actual launch date is TBD, but first week of April is the target. CRISP we have changed to a 0.5% interest payment on a 30 day cycle, which will be 6% annual compounded monthly. It is important to note that the reward is being calculated on a 30 day cycle, the cycle will begin 30 days after launch. The reward is only paid on balances that were in the same address for the duration of the 30 days. If you deposit to an address between CRISP payouts, you will not receive payout until the following full cycle. Also, this is being paid by address, not by wallet. Your wallet can have any number of addresses, and as far as the blockchain is concerned, these are treated separately. Deferred staking will be a follow up release, shortly after the launch of DNotes 2.0. TBD, but among our top priorities. Github has been updated, except for a few recent changes: You can view the various branches to see our changes in various phases. https://github.com/DNotesCoin/DNotes2.0/branchesThe swap process: All DNotes on the DNotesVault will be automatically swapped for users. The DNotesVault will be down an estimated 2 days to complete the DNotesVault swap. All other users will be able to fill out a form or email us to perform a manual swap where they will have to send us their DNotes in exchange for DNotes 2.0. All coins can be swapped until the deadline, 2 weeks after the launch of DNotes 2.0. Including all newly mined coins during that time. Prior to the swap, we will reach out to exchanges to either briefly delist DNotes, and provide two recommended options: 1) Delist DNotes prior to the swap, requesting their users to remove their DNotes by the deadline. Then relist DNotes with the DNotes 2.0 build. 2) Take DNotes down for maintenance prior to the launch, send us their DNotes to be swapped for DNotes 2.0, notifying their users of the upcoming swap, and bring DNotes back up after the swap has taken place. The alternative is they continue to list and trade old DNotes, and later do one of the above two options. Prior to the soft deadline we will notify the mining pools of the upcoming soft deadline and request that they inform their users of the change, and stop mining DNotes at the soft deadline. After the soft deadline, there will be a fork in the old DNotes network, which we will maintain, for late comers to still be able to swap their coins. No newly mined old DNotes, mined after the soft deadline will be honored for the swap process. Each case after the soft deadline will be reviewed and handled on a case by case basis. We welcome all questions. If you see any potential issues, let us know. #5 Dear DMD Diamond Community, DMD Diamond Foundation’s second bi-annual meeting took place in March in Austria. Over the course of 4 days the core team has had several very productive sessions where it analyzed what had been achieved since the last meeting, discussed questions submitted by the community and explored new pathways for DMD in areas such as marketing, software development and additional services. In the 6 months’ period DMD Diamond Foundation has achieved 95% of set targets so this can be regarded as a success. Encouraged by that result we have set new aims and goals that we plan to accomplish within the next period. Some technical development however will become our long term goal, nonetheless, we expect to see meaningful progress each time we evaluate the situation. Using this opportunity we would like to announce that DMD Diamond has completed a design and brand guideline book which outlines general rules of usage of the logo together with its logotype, color scheme, display typeface and others that in tandem build the visual identity of DMD Diamond. This is an important step in the development as it allows us to harmonize the messaging and sets the tone that is consistent with our core values. The guide can be viewed and downloaded from: https://bit.diamonds/DMD_branding_guide.pdfAll communication channels that use visuals will be successively updated to incorporate these changes. As a result the main website https://bit.diamonds will undergo a major upgrade both in terms of content and its design. We will also improve on technical support section and accessibility to reach the community and developers. The transition is planned to be completed within the next 90 days. Based on the available data and first hand experience DMD team recognizes that the Asian markets are going to play a crucial role in the future success of cryptocurrencies, not only because of favorable legislation in certain jurisdictions that encourage participation and development but also tech-savviness and forward thinking of that region’s population which can see the benefits of blockchain technology. In the coming months, DMD Diamond will focus on gaining a foothold in the growing Asian market. Within a few months we will see new region specific languages being introduced to the website to make information regarding Diamond more accessible. What’s more, new social channels directed at these markets will be established to directly communicate and educate people about DMD. We will also seek to extend the support team to specifically address these areas of development. We will continue to work on being added to a prominent Korean exchange Upbit which would have a major positive impact on the trading volume of DMD. Exchange listings are not always in our hands as they happen at sole discretion of the operators but we feel that eventually we will find our way to the markets from that region. Nowadays, centralised exchanges are a norm, they are fast and some of them attract significant number of traders, however, there are many disadvantages to this model. They are not permissionless, they are prone to failure i.e. hacking and ever tighter legislation can in some cases create unnecessary barriers. Centralised exchanges are going to play an important role for foreseeable future and be main on and off ramps to FIAT. However, blockchain community as a whole is eventually going to move to a decentralised model of exchanging value. DMD Diamond will continue to develop technology, promote and work with projects that can offer such possibilities. Even though, this type of technology has still some way to go before it is ready for prime time, when it arrives it will change the crypto landscape in a significant way. DMD is currently working on integration with https://crypto-bridge.org/ and we hope to be featured there in the near future. Another positive development is that DMD Diamond can now be purchased directly with both Debit and Credit Cards via Indacoin. Even though customers would have to pay a premium in the range of 15-35% for the service, due to operating costs caused by things like credit card chargebacks, it eliminates an entrance barrier to DMD. We will work with Indacoin on implementing a direct purchase option to our website and if the system proves to be popular and effective in the long run we would consider even tighter integration. You can explore the option of buying DMD by following this link: https://indacoin.com/en_GB/change/buy-diamond-with-cardusdIn terms of core software development DMD Diamond team has analysed in detail several different options, their negative and positive aspects as well as long term viability and impact on the value of DMD. The clear winner is SegWit technology that will allow for seamless integration with the Lightning network. Following this path will ensure DMD Diamond is a part of interconnected heterogeneous blockchain future and benefits from services that will be developed on top of it. The latest buzz word in crypto is the 0 proof protocol that completely anonymises transactions. In theory this sounds like a very attractive ability to have, however, we don’t live in the digital world only and such technology is incompatible with the real world where it’s the legislators who dictate whether a cryptocurrency will be able to access the real economy and financial markets. There is a serious case for concern for coins that adapt such deep anonymity feature and we can expect a crackdown on coins that go this route. DMD Diamond Foundation would not risk compromising DMD’s long term viability for the sake of short term gains. Infact, once Diamond gets access to the Lightning network similar anonymity will be achieved thanks to the way such network operates, as a giant coin mixer, without above mentioned legal implications and with a bonus of being able to be used wherever bitcoin is used. Be no mistaken, 0 proof protocol has its use case such as hiding sensitive information in smart contracts and it will be very useful to lots of companies, but deep anonymity of coin transactions is a completely different matter that could render coins useless as a viable form of payment. Be weary of claims to the contrary as even at the next G20 summit countries will discuss how to prevent money laundering in crypto that such technology easily permits. This anti anonymity sentiment has already started to affect crypto, for instance coins such as Monero, Zcash and Dash that use anonymity features are being removed from the infamous Japanese Coincheck exchange as a precondition to obtain the licence to operate legally; this might well become a worldwide trend. Decision to go with SegWit technology is a general direction of future core development. It’s an extremely complex task and there are no off the shelf solutions; it will have to be developed as industry first. There is no Proof of Stake-Masternode-SegWit enabled coin but we are determined to deliver just that within the next 12 months. Current DMD wallet is a very advanced software with ability to implement most of the latest technologies such as smart contracts. However, any implementation of such features must be backed by a real demand for it. Introducing new technologies for the sake of adding them to create hype is counterproductive and not in line with Diamond’s values. Eventually, smart contracts will appear in DMD Diamond but this will be in response to the need that we are going to create. Another aspect we will focus on is an access to iOS devices. There is a huge potential for growth once the coin can be used in Apple products. We will try to achieve this via Coinomi mobile wallet which we are part of. We cannot put a definite time frame for this but we believe it's a very realistic prospect. As we take on this ambitious development DMD Diamond Foundation is seeking to expand its core and support teams and we would like to officially announce that a new core member Steve Müller (metamorphin) who has been a long term friend and supporter of DMD Diamond project is joining our team. He has an extensive knowledge and experience in marketing with plenty of new practical ideas and solutions of how to make DMD a stronger and more prosperous coin. He has been the decisive force in delivering success to many other crypto projects and we are excited to work together and learn from him the best strategies and practices. Due to the challenges facing crypto and evolving complexity of the blockchain technology we see it critical to engage with talented people (developers, researchers, professionals) who can deliver value to the project. On the marketing side we have been in contact with a few different professional PR companies that we think would deliver a recognition in and out of cryptocurrency sphere. However, our community is full of wonderful people who promote DMD in a really professional way. Please take a look at the promo video created by a community member @drdmd. The love for Diamond shines through the quality of this work. Thank you! https://www.youtube.com/watch?v=AXk_8lLFInc&feature=youtu.be (male voice) https://www.youtube.com/watch?v=CAU9iCN8jtQ&feature=youtu.be (female voice) Please let us know on Slack which version you like the most so we make it an official promo video of DMD Diamond. DMD Diamond Foundation will also start a lottery for Tweeter where it will be possible to win 100 USD worth of DMD for retweeting official DMD tweets. With each round three people will be selected for awards. Out of these, one person will be randomly picked and rewarded while the other two individuals whose retweets had the best outreach would be guaranteed prizes. If people enjoy it and we see some good results this could become periodical. As most of the community is aware Diamond Cloudmining is being slowly phased out and during the meeting the team had discussed an alternative that could replace constant buy pressure that service generated. It is still largely in a research stage, as all aspects from technical to legal need to be evaluated. However, we are positive we are on the right path to create a passive income service related to DMD that at the end could be open to investors. At that stage a Smart Contract solution will have full legitimacy to be implemented. The team has also discussed implications of DMD’s coin roll-out plan that entered a new phase. After many years DMD rewards which were extremely generous and worked wonders at the early stages in order to stimulate network effect are finally going to be decreasing. This is a good news for DMD holders as according to supply and demand principle the scarcer the coin the higher its value is going to be. As DMD’s coin roll-out follows a gradual decay we won’t see any abrupt halvings and for the next 3 years DMD will stay still a very attractive with healthy big yearly returns. In the meantime we are planning to introduce multiple economically linked project that are going to generate demand and affect DMD positively in a big way. The passive income project we mentioned above will be the first one that we have planned. DMD Diamond team has set realistic and achievable goals that we will be able to evaluate at the next meeting in September. The Foundation meeting was a great experience that helped to build team spirit, it infused everyone with enthusiasm and gave us a real boost to keep going and improving our work. Growing a cryptocurrency project is a marathon and not a sprint competition and as the saying goes constant dropping wears away a stone. With our long term vision and devotion there is nothing that can shake our resolve to deliver the best for DMD Diamond investors. Yours truly, DMD Diamond team Original release: https://www.linkedin.com/pulse/summary-second-dmd-diamond-foundations-meeting-aleksander-mesor/?published=t#6 In order to earn merits, you should have several things:
1. English skills for reading and writing.
2. Knowledge about crypto (its ecosystem, its market, its hot trend, etc.), which you can get by reading
3. Experience, which you can get by spending more time in crypto world and in the forum.
4. Skills for using the forum.
And something more. Mixing all those stuffs, you should try composing high quality, constructive posts to contribute to the forum and help other users.
#7 Welcome to Bitcointalk riskrocks007, I tend to agree with HappyMod: "So, here is my opinion regarding merit. Does it show something? It could. But, does it mean new accounts don't have a solid opinion or saying about something? Definitely not."I wouldn't worry about it - no one that has been around for a while will be judging you on it. You may write something absolutely brilliant and not receive merit points from anyone, but that doesn't mean people didn't really like what you had to say. If you contribute without motive, you will never be disappointed. "My advice would be to post around on topics you find interesting and have something interesting to comment to." (HappyMod) - Agree! There are also off-topic boards where you can write about anything. This is self-serving on my part, but if you are interested: - Check out DNotesEDU.com and let us know if there is anything that is difficult to follow in our beginner level material - https://dnotesedu.com/digital-currency/ - DNotes 2.0 wallet is Alpha-testing if you would like to give it a try - feedback from beginners is invaluable!! - https://github.com/DNotesCoin/DNotes2.0/releases/tag/v2.0.0.0-pre - Let us know how you made out (very friendly forum) - https://bitcointalk.org/index.php?topic=1924858.0#8 Open:Post Reviews:sMerit Post-ReviewMerit System Upgrade for Full members, Sr. members and Hero members only. Topic & Post Review (Specific Areas) - sMerit to give [ANN] The Utmost Epic, Totally Tubular sMerit Giveaway ~ 170 sM Available Awarding Merit for the highest quality threads/posts[Merit Review] sMerit Post Review (Running)Opens only on Wednesdays, only for members who have enough activity points to rank up: sMerit for quality users [ Wednesday Challenge]Altcoins Related:New merit give away thread. For alt coin mining.Altcoin Discussion Topic Review and sMerit GiveawaySignatureless Challenge. If you think you are a good poster then join this challenge, everything you need to know is in this thread: Joe's Signatureless Challenge: Win $25 ($10 for 2nd) + 8 Merits every week!For reporting alts, merit abusers, rule breakers, etc. :Joel_Jantsen's Merit Distribution Thread (Newbies Welcome)Known Alts of any-one - A User Generated List Mk III (2018 Q1)A Bitcoin Q&A, they ask, you answer. This is actually a pretty good thread to learn something new about bitcoin, give it a visit even if you're not here for the merits:A simple bitcoin Q/A. Learn new and interesting stuff about bitcoin.A Simple Bitcoin Q&A, if you're kinda new to bitcoin, then this is the best place for you: Common Q&A about Bitcoin:Non-Technical Edition (Earn Merits)Bitcoin Forum Puzzle, fun facts and merits! who would say no? Bitcoin Forum PuzzleMerits for creating art (image, gif, video...) that helps others understand Bitcoin or other related stuff: sMerit for art !Merits for providing certain information, like a guide on how to open a Lightning Network channel: Provide information and receive merits from the most reputable source.Rank-up Service, if you're messing one merit point to rank up then you've come to the right place! read the rules in the OP before you apply: One (1) Merit point to Rank-up Service, Jr. to Hero Members Are WelcomeProbably not gonna last for long:Post Reviews:Point me to undermerited posts17 Merits to give to Quality PostersAwarding Merit for quality postsTemporarily Closed:Post Reviews:Anti-spam Merit Giveaway - For Junior Members Only - updatedMerit giveaway for Jr Members and newbiesMerit review free service (READ OP)14 merit bonus for quality users [Jr to Sr. Member]TMAN's Level up challenge.-- UPDATED... for Newbies and Jr. members only. Altcoins Related:CLOSED Merit System Upgrade in Altcoin Section: Receive Merit from meMerit point giveaway for alt coin miners Question to mod of altcoin mining.I'll try to keep this list updated. If I missed a thread please post it in the replies, I'll be adding it asap. Good luck on the merit hunt PS: Those threads are nice to get you started with a small merit boost, but you can't rely solely on them. If you really want to get merits, the best way is to get out there and participate in this forum  #9 If a bitcointalk member is doing a p quality post, aside from the possibility of earning merits from the viewers or from the readers, is there any chance, rules or thread that we can submit our post like nomination for a possible merit? Like the admins or managers can review the post if we are qualified to earn merits from them?
Thank in advance for your answers..
There are also some threads where some generous members make the effort and review posts (edit: as SFR10 suggested) that you submit and then maybe give you merit if the post deserves it. As Merits are per se a highly subjective matter, don't be disappointed if your post doesn't get in right away. Some factors have to come together in order that you get Merit. The most important being that you create genuine content, that someone who values it - and who has (s)Merit - also reads it. Here is a list: Please be reasonable if you submit something, as it really costs a lot of time for those members to do what they are doingAnother helpful tool is the Browser extension "Grammarly" it automatically checks texts you type for grammar and spelling, then it marks possible mistakes and offers solutions. Here's the link to the chrome web store https://chrome.google.com/webstore/detail/grammarly-for-chrome/kbfnbcaeplbcioakkpcpgfkobkghlhen?hl=enA post that is easy to read AND has value is more likely to get Merit #10 I would suggest looking at the weekly round up by www.coincentral.com. Great resource in general. Thank you theymos et al. for considering my application. |
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I'm wanting to find more legit places to read on crypto news blogs. Any places that you prefer, please feel free to make me a list of your favorites, thanks for the help cryptoverse I look forward to reading your responses.
I would recommend you add https://dcebrief.com/ to your list of sites to visit for cryptocurrency related news. I also second CoinDesk. I often check that one for any news when the BTC market is going wonky. Many times CoinDesk has a good explanation. |
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The hacker is still moving XEM from account to account, and eventually into exchanges - primarily onto Bittrex. He probably has stolen identities and whatever else necessary to create the accounts. Pretty good sign that he hasn't been busted.
Last I checked there was 70mil XEM remaining in his last wallet, with ~30mil still in exchanges.
Hopefully he dumps it all sooner, rather than later. I think we are all ready for thought of him still having XEM to be over with.
I think it's best if we all look at the bright side of this, whether or not the hacker gets away.
1. He crashed price, giving us excellent buy opportunities.
2. Drew much attention to exchange security, resulting in actions to strengthen it.
3. One could claim he played a robin-hood role of sorts, redistributing tax (fees) to us lowly plebes.
4. Proved NEM blockchain tech. - A. It can't or won't be manipulated by a big boss or a government. B. It can be traced, even when laundered, and even by average joes like myself. C. NEM chain can securely handle large volumes of transactions even without Catapult implemented yet!
Those are all excellent points, especially 1, 2, and 4. The "redistribution" was theft, plain and simple, and in a way he didn't just steal from Coincheck. He stole from all of us holding NEM, especially anyone who was in a position where they needed to sell for any reason (such as paying a bill) while the price is depressed due to his/her actions. But with that said, this kind of thing happens in crypto, and we pretty much have to expect it for the time being. |
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Isn't this thread about merit sources, and not about sMerit. We all understand the mechanism of sMerits.
As I understand it, merit sources receive awardable merits regardless of the merits they receive for their posting ( which gain extra sMerits ).
True, and sorry, not trying to hijack it. It was just the thread I found when I searched for information on the merit system in general. Thanks to JayJuanGee here I was able to find the original thread and learn all about it. I'll give him some merit for that |
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I'm generally happy with systems that help make this forum a better place by limiting spam posting, scamming, etc. I've been around for a while so am not in a position to have to earn my way up by collecting merits.
I am a bit concerned about the limited ways there are to get s-merits. It seems the merit sources and the folks who collect a lot of merit points would be the merit whales on this forum, and that over time, people wanting to rank up will post with those whales in mind, rather than simply focusing on quality. Also, there is a certain aspect of this that depends on your ability to promote yourself, not just write quality posts. I don't know if there is a way to kind of equalize that. I think it's great to reward high quality posts, but the ability to write those posts and promote them so that the right forum members may notice them are two different skill sets.
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I was wondering if/when spendable merit got replenished. I have spent some of mine but haven't noticed any more added. Is there a good thread that explains the whole merit system? I tried to search for it, but didn't turn up anything--this thread was the closest.
There are a lot of merit threads, but this one is where theymos introduced merits, and I suppose is the main starting point merit thread. Regarding replenishing of spendable merits, the basic answer is that you only get more spendable merits by receiving merits from other members (at a rate of half a smerit for every merit received from another member) - unless you happen to have been designated as a merit source. So far, theymos has only designated 80 merit sources, and you can see that here. Theymos did state a plan to increase members who are designated as merit sources, such as 100s of merit source designees in the future, yet it remains unclear what kind of specific merit source target number he has in mind or the exact timeline for such, but I would think likely under 1,000 merit source designees in the coming year or so based on what he has already stated on the topic, but that is largely inferential speculation on my part. OK, so what I'm hearing is that for now at least, once you spend the smerit, it's gone forever. I'm not expecting to get much in the way of merit from others mainly because the people I mostly interact with here were all here before the merit system got implemented and we're just not used to it yet. You know what they say about old dogs and new tricks... I'll enjoy giving it out, and then when it's gone I won't worry about it too much. Thanks for the link to the original merit thread. I'll take a peek there too. |
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That's an interesting dilemma, because for the people who had funds on CoinGather at the time of the seizure, the loss of funds (or at least the loss of funds access) happened as a result of the seizure itself, not from any actions on CoinGather's part. I'd be interested in knowing if submitting that form results in recovery of funds for anyone. |
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The way this message is told, it seems to me that law enforcement is closing in on someone, or even arrested someone in their investigations. That's how I read it too--that the tagging in some way led them to a strong suspect. I'm looking forward to the hacking fallout being behind us. The hacker didn't just steal from Coincheck; he stole from all of us who hold NEM. |
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I was wondering if/when spendable merit got replenished. I have spent some of mine but haven't noticed any more added. Is there a good thread that explains the whole merit system? I tried to search for it, but didn't turn up anything--this thread was the closest.
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Since the swap hasn't happened yet, you should be able to simply withdraw your DNotes straight from Cryptopia to your DNotes Vault address. If you don't yet have a DNotes Vault account, you can create one here: https://dnotesvault.com/registerOnce you have your account, you can easily get your address. Put that address as your Cryptopia transfer to address and the DNotes should get sent there. You should see them in your vault within an hour or less. Once the DNotes are in the vault, they will automatically swap, so you don't have to do anything further. Please can someone guide me, I have a sizable quantity of Dnotes in Cryptopia and as yet I don't know clearly what to do in order to get Dnotes 2.0.
I don't have offline wallets because I am yet to know how it operates: what process should I follow?
Thanks
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For the second time SpectroCoin support has told me that they cannot help me with my email issue and they are blaming my country's laws for it. My problem is that I lost access to my old email address, which means I can't withdraw coins from SpectroCoin because withdrawing requires email confirmation. They won't change my profile email address. They won't transfer my coins from my old account to my new account which I created upon their request. And for the second time they are saying it's my country's regulations' fault. Really?  I had an unverified account on Cryptopia which had the same issue. They've been way behind on support requests but my request finally made its way to their desk and guess what? Poof! They changed my profile email address and reset the email confirm system and like magic, I'm back into my account again! BitTrex did this for me as well, though much faster. And my BitTrex account was verified so that made it easier. But no! SpectroCoin can't be bothered! I'm starting to wonder if I need to call some lawyers... I have presented support with yet another recovery option. I hope they bite this time. ICO finished. Scammy dudes got their millions and now are deleting all advisors from the website and refusing to answer questions from investors. Well... as you said it's time to call lawyers, but I doubt that they will help you. Your email and personal data are the proof that you are the true owner of the account and you are fully responsible for the provided information and the safety of your credentials. There is a security procedure to be followed in such situation, and SpectroCoin 24/7 online support is there to assist you. Bankera is already operational via its MVP SpectroCoin for over 4 years in the crypto field. It is trusted by over 800,000 clients and growing fast. Like any company in this competitive field we receive scam accusations sometimes, but we would not be operating for so long if those accusations were true. Management team and advisors (including Lon Wong - head of NEM,) have links to their LinkedIn profiles, you can check their very solid backgrounds. Also, SpectroCoin services are regulated by the laws and EU directives, as a result, SpectroCoin implements EU and international standard Anti-money laundering (AML), and your funds are processed through regulated EU financial institutions. I am not accusing SpectroCoin or Bankera of being a scam. I have invested some resources into buying BNK. I am, however, making it known that SpectroCoin will not work with me on recovering my account or my funds, unlike BitTrex and Cryptopia, who have already resolved my issue when I lost access to my email address. SpectroCoin keeps telling me there is nothing they can do because of the laws of my government. It doesn't have to be this way, but at the moment, SpectroCoin is holding my funds hostage, and unfortunately, that does feed the scam reputation. Not my fault. SpectroCoin can turn this around any time. I have presented numerous options to them to prove to themselves that I own the account I keep writing them about. If I don't get a satisfactory reply this week I'm afraid I may have to involve lawyers. I hate to do this, but if they're not going to work with me on a *reasonable* request, then what else can I do? I'd like to at least be able to sell off my investment and recover the funds, or hold that investment in an account I can access. |
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