[We've just published our latest version of the paper and are curious to hear some feedback. More info here: https://bitcointalk.org/index.php?topic=4430681.msg48270875#msg48270875]

Elrond is a complete rethinking of public blockchain architecture, solving scalability through adaptive state sharding, efficiency through secure proof of stake, and will enable EVM compliance by design. Elrond attempts to bring a 1000x improvement compared to the current status quo, aiming for 10,000 TPS, low latency, and minimal fees.
 
Abstract: The advent of secure public blockchains through Bitcoin and later Ethereum, has brought forth a notable degree of interest and capital influx, providing the premise for a global wave of permissionless innovation. Despite lofty promises, creating a decentralized, secure and scalable public blockchain has proved to be a strenuous task. This paper proposes Elrond, a novel architecture which goes beyond state of the art by introducing a genuine state sharding scheme for practical scalability, eliminating energy and computational waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus. Having a strong focus on security, Elrond’s network is built to ensure resistance to known security problems like Sybil attack, Rogue-key attack, Nothing at Stake attack and others. In an ecosystem that strives for interconnectivity, our solution for smart contracts offers an EVM compliant engine to ensure interoperability by design. Preliminary simulations reflect that Elrond exceeds Visa’s average throughput and achieves an improvement of three orders of magnitude or 1000x compared to the existing viable approaches, while drastically reducing the costs of bootstrapping and storage to ensure long-term sustainability. - https://elrond.com/files/Elrond_Whitepaper_EN.pdf

We've just published our latest version of the paper and are curious to hear some feedback. More info here: https://bitcointalk.org/index.php?topic=4430681.msg48270875#msg48270875

what is




value




key





roadmap




token model




partners

       

       

team



socials

.

Here's my latest analysis of Steemit: Measuring Steemit Growth: What Every Investor, Developer And User Should Know

"1. Transactions Volume: has experienced a significant growth since 4th of July and has reached a healthy state where on most days we see on average more than 100,000 transactions per day. By contrast, Bitcoin has on average more than 200,000 per day, and Ethereum less than 50,000.

2. Registered Accounts: presently Steemit has passed 60,500 registered accounts and has grown with ~17,500 new accounts or ~40,5% during the last 14 days. That’s 1250 new accounts or ~2,9% per day. As it stands now, we could reach ~75,000 – 80,000 registered accounts by the end of August.

3. Community dynamics: the community is growing and evolving at a rapid pace. Indeed, people seem to be very adaptive and strive to understand, contribute and improve things as much as possible. There are also disagreements and some apparent conflicts of interest between some well known community members(whales), but things are moving forward.  Indeed, I have not seen in crypto a community as diverse as this one. In fact, I am quite impressed at the rapidly growing number of well-connected influencers which have jumped in. As @roelandp put it, you’ve got Playmates, Vigilantes, Pirates and many others with hundreds of thousands of followers. Try to imagine what will follow.

4. Ecosystem/exchanges/developers: The ecosystem is also booming. Indeed, if you look at steemtools.com you can see that we have already 59(!) listed tools and apps. Number of exchanges has also increased. Although Poloniex and Bittrex were there, you can see that another three have listed Steem: Livecoin, HitBTC and alcurEX.

What’s even more intriguing is how involved various community developers are. And yes, the number is growing. Indeed, this seems to be at least in part due to the direct and immediate rewards they receive after implementing a solution to one of the many community needs. As things stand, this may be one of the most interesting platforms developers should engage. The reason is simple and potent: incentives. They’ve got both healthy immediate rewards, and promising future prospects if Steemit succeeds.

5. Investors, VCs, Startup Founders: another important metric to consider is what some of the bright minds of Sillicon Valley tend to think about the platform. Why? Well, because a good word from some of these people can add a lot of value and credibility to a very early stage platform and so significantly increase its exposure. Indeed, this kind of exposure is like gold, since it not only exposes Steemit to people who would merely love it if they would hear about it, but exposes it to other investors, VC’s or startup founders which could add significant value to the platform if they would join. Among these kind of people you have Fred Wilson, top Sillicon Valley investor, who is rooting for Steemit, Fred Ehrsam, Co-founder of Coinbase, mentioning it in his essay, Albert Wenger, early stage VC, mentioning it in his essay and many other startup founders who have already joined the platform."

The data on Steemit looks quite interesting and it seems likely that this could be the first mass market solution. For more info on this please check: https://steemit.com/steem/@xtester/an-unstoppable-force-and-first-compelling-mass-market-solution.

What are your thoughts on this?

Cheers,
xtester

[NEM Update]

NEM Update

We've launched and things are slowly coming together. As you can see, we are working on multiple fronts and have finally finished our 1st NEM update after the launch.

We hope you will enjoy it and will help us move forward stronger and faster.

Progress and Utility of NEM

Thank you,
The NEM Team

[Important News - NEM is launching!]

Important News - NEM is launching!

The waiting period is finally over. The Nemesis block is now complete, Main Net testing is running as planned and everything else appears to be prepared for launch. Thus, we are very happy to announce the official launch date for NEM: 31 March 2015 - at 19:00 UTC.

Important Note: Despite best intentions the above mentioned launch date is a tentative one and we reserve the right to change it if any critical issue would arise in the meantime that could endanger the NEM network.

You can also read a complete update on NEM in Newsletter #10.

P.S. A big thank you goes to our dev team, marketing team and community helpers who have been working hard to get all this ready.

See you at launch,
The NEM Team


For More info please follow the NEM thread.

After countless hours of hard work and continuous effort we are very proud to announce the release of NEM beta client.

For more info please check the following link: https://forum.nemcoin.com/index.php?topic=2546.msg6923#msg6923

For your information: the official NEM thread has been moved in the announcements section.

Cheers.  

Here is a quality article we have just released about NEM: https://medium.com/@xtester/the-new-economy-movement-fb9bb67eb9fe

Enjoy

[NEM Open Alpha has launched and here is a preview of our first client release:]

NEM Open Alpha has launched and here is a preview of our first client release:

Please visit this thread if you want more info or want to test it out: https://bitcointalk.org/index.php?topic=654845.msg7515541#msg7515541

[NEW ECONOMY MOVEMENT]

NEW ECONOMY MOVEMENT
"A New Economy Starts With You."





Detailed Summary Of Information Regarding NEM

Quick Overview and Highlights

NEM will include the following features:

• All 4,000,000,000 NEM would be distributed with the genesis block. Nemsters who run the client and own NEM act as network nodes, verifying transactions and protecting the network following a hybrid of Proof of Stake/ Proof of Importance forging mechanism. The unique PoI algorithm will reward nodes which are most important to the network, not those with the largest amount of NEM. This encourages NEM's use as a currency and discourages hoarding. This type of distribution eliminates the myriad number of problems associated with first-generation PoW 'mining' coins; sky-rocketing energy costs, centralisation et al.
• Support for 'colored coins' and a fully featured asset exchange, designed with advanced features such as automatic settlement and expiration dates. The developers are focussing on the usability of the asset exchange to make it the premium platform for fundraising, asset listing, token issuing et al.
• Secure messages for contract storage and personal communication.

The V1 blockchain will be complete when all the above features are implemented. More advanced features such as parallel blockchains and an Eigentrust ++ reputation system will be included in future blockchain updates.


What is NEM and what do we stand for?

The two main products under development are the NIS (NEM Infrastructure Server) and NCC (NEM Community Client). These, once fully developed, will be one of the most advanced decentralized blockchains in the world. The code is written from scratch in the Java and Javascript (NCC) languages and features new innovation in blockchain server technology such as the Proof of Importance (POI) algorithm, account rules and Eigentrust ++ listing. The NCC has a distinct, beautiful design which is completely new compared with first-generation PoW coin wallets. The NCC design supports multiple new functionalities in the NIS and puts security and user friendliness first.

The NIS and NCC completion (with the above features implemented) will mark NEM the V1 blockchain (NEM will launch before this point though, probably during the beta phase of testing). However that is just the beginning of the NEM ecosystem technological road-map. We are prepared to go full speed ahead to build the NEM ecosystem as soon as the NIS and NCC go live. The NEM ecosystem team already includes dozens of people who strive to motivate NEM's developers and bring in new developers to help with building the NEM ecosystem. More importantly, we will attract new developers by offering them a coherent vision of the NEM technological roadmap that will show our commitment to build and develop the NEM decentralized system successfully in the long term. After the V1 blockchain has been released, the NEM core software will still be developed continuously with the aim to support the load of the growing NEM ecosystem as well as to update the network with new features over time.

Our decentralized network needs to be nurtured and supported by its community. Indeed, we are already thankful for having an amazing community of about 3000 Nemsters. The NEM ecosystem will draw its security from the community nodes run by it's users. It is this we would ask of all Nemsters - run a node to keep the NEM ecosystem secure.

NEM will be created with a maximum of 4 billion (4,000,000,000 or 4e9) units divisible to 6 figures after zero (smallest unit 0.000001 NEM). All coins will be distributed come launch of the genesis block (see 'NEM Distribution' below).

A preliminary draft of the NEM development contract has already been released in which the above outlines are officially written and introduced into an agreement with all NEM stakeholders. Up until the final version of the NEM development contract, these outlines could be subject to modifications and you are also allowed to request a refund if you no longer wish to be a NEM contributor. It should be noted and clearly specified that the refund is only available to those who joined NEM during the call to participation period. Refund does not apply to any stake which is sold either on NXT AE or NEM public auction.

If you are willing and eager to join the NEM ecosystem, please consider buying a NEM stake either on the NXT AE (be sure to read these guidelines before proceeding to buying a NEMstake on NXT AE.) or during the public auction that we will announce shortly. This will entitle you to be a regular stakeholder with a share of 1 million NEM upon NEM's official launch. We further invite you to contribute to NEM's promotion and the NEM ecosystem building effort to enjoy NEM development shares reserved for these activities. Most of all, we hope you we be a long term supporter of NEM, supporting us in building network security and spreading the word about our efforts to transform the world's current monetary system; the state centralized and corrupted banks.

Together we will build a new economy based on the principles of financial freedom, decentralization and Solidarity.

Thank you.

 - The NEM Development Team  


Prominent Nemsters

NEM Core Developers:

• Jaguar0625 (core developer, NIS, NCC)
• Gimre (core developer, NIS, NCC)
• Makoto (core developer, NIS, POI)
• Thies (core developer, NIS, NCC)
• BloodyRookie (core developer, NIS, POI)

NEM Organizers, Marketers, and Helpers:

• patmast3r
• Krysto
• Tranloi
• xtester
• Taumuon
• Erkki12
• EFFV
• kodtycoon
• rockethead
• Kooream
• Zoata87

The NEM Development Contract

The preliminary NEM Development Contract can be found here.

The NEM Development Contract is an informal contract which all stakeholders are asked to agree to and respect. If you do not agree, you can request a refund in the appropriate thread (linked above).


NEM Distribution

The 4,000,000,000 NEM coins are distributed as follows:



'Development Funding Up To V.1 Completion' is used for:

• Core development - 400 stakes
• Promotion/ Marketing - 100 stakes
• Ecosystem - 100 stakes

'Development Funding After V.1 Completion' is used for:

• Funding developers for large projects and updates post-release, including: private transaction mode, encrypted social messaging system, multi-signature implementation, establishing NEM using zones (street, shopping square, commune et al) and other important ecosystem projects.

A NOTE ON THE POST-RELEASE DEVELOPMENT FUND:

• It will be released gradually over time: maximum average of 10% every 2 months. This means the full amount will be paid off in close to 20 months (probably longer); a testament to the dedication of the developers to their long-term plans for NEM's future.

Some clarifications regarding fundraising:

• 'Development fund' - initial fund raising (from the call for participation) + pre-launch public auction
• 'Initial fund raising' (from the call for participation) - 66.2 btc + 419,697 nxt (minus some refunds)
• 'External expenses' - independent code audit,  bug tracker bounties, contractor salaries et al.
• 'Development bonus' = 'Development fund' subtract 'External Expenses'
• Development bonus is allocated proportionally to development shares up to V1 blockchain completion

Note: The development fund, development reserve (post-release funding), and development shares do not belong to the community. They are under the control of the NEM development team and will be used to best advance the NEM ecosystem.


NEM Timeline/Roadmap
 

• Initial fundraising - 1/19/2014 to 2/17/2014 - first fundraising thread - second fundraising thread
• Waiting list open - 2/21/2014 to 4/10/2014 - waiting list thread
• Public auditing of stakeholder list - 3/2/2014 to 4/9/2014  - public auditing thread
• Waiting list invitation - 4/28/2014 to 5/9/2014 - invitation letter
• Final stakeholder list published - 5/10/2014 - The final list
• Development contract (first draft) published - 5/25/2014  - Development contract
• NEMstake on asset exchange - 5/30/2014 - Asset exchange thread
• Open Alpha release - 6/25/2014 - NEM open alpha has launched
• NEM stake public auction                                 - After/during open alpha release - no exact date
• Open Source NEM Community Client                - NCC is Open Source now: Get Involved
• Open Beta release                                           - raw estimate: September 2014
• Official launch and distribution of real NEM         - raw estimate: October 2014
• V1 blockchain completion                                - TBA

Fundraising History and Stakeholder Statistics

History of Stake Allocation:

• The goal of the NEM call for participation was to build a large, willing community that can support the NEM's ecosystem from the start. The rule of registration is one share per account, however stakeholder's can reserve a share for their loved one from a different account.
• Taint analysis was then used during a one month period of public auditing to find accounts that were abusing the system. Taint analysis was a surprise factor; it was never mentioned during the fundraising. Close to 300 accounts were refunded.
• A waiting list was opened to fill the 300 stakes made available from the removal of sockpuppets. From this waiting list, 145 people were selected to join NEM. The remaining 155 stakes will be auctioned at a later date.

Stakeholder population statistics:

Group 1: veteran account; at least a 'junior' member; high activity; account opened before the fundraising - 1205 stakeholders   
Group 2: account opened after January 16 (start of fundraising); recent activity of ~ 15 posts; show NEM support - about 645 stakeholders   
Group 3: account with ~ 10 posts; some junk posts - about 995 stakeholders

These stakeholder statistics are displayed graphically below:



Stake Auction Details

155 NEM stakes will be put on a public auction. These are the stakes which belonged to sockpuppets.

The auction will happen using the Bitcoin blockchain and follow the multi-auction format. Instructions below:

1. On the auction day, a Bitcoin escrow address will be revealed at a designated time.
2. Each transaction to the escrow address will be considered a bid. Two transactions from the same address to the escrow address will be considered two separate bids.
3. The auction will last at least 24 hours (but less than 36 hours).
4. Bidders could monitor the bidding process in real time via blockchain.info.
5. When the auction ends, X highest bidders (X biggest transactions) will win X stakes.
6. We will refund all non-winning bids minus the transaction fee and a service fee. All winning bids will receive back the difference between the winning bid price and the lowest winning bid price minus the transaction fee and a service fee. A service fee is for the escrow service (for tallying and refunding the bids).
7. Example: there are 3 bids: 1 btc, 1.2 btc and 2 btc and all are winning bids. Since 1 btc is the lowest winning bid price then bidders of 1.2 btc and 2 btc will win a stake and get a refund of 0.2 and 1 btc respectively.
8. There is a limit of two bids for each sending address and taint analysis will be used on the escrow address to make sure no address wins more than 2 stakes.
9. The sending address of the winning bid will be the identifier of the owner of the won stake.
Therefore the winning bid sender should later provide a NEM address to receive the share via a signed messages from the sending address. Signed message could be done via popular bitcoin wallets such as multibit, bitcoin-qt or blockchain.info.
10. Bidding recommendation: bidders should consider placing only 1 bid if they want to buy 1 stake and placing the highest bid that they are willing to buy. Since the buying price for all stakes will be equal to the minimum winning bid, there is no risk of over-paying for a stake.

Note: The date for the auction is not set yet and will be announced later on in the discussion thread.


Updates

• 1/19 : the fundraising began.
• 2/17 : the fundraising first phase ended.
• update 2/17 : plans ahead https://bitcointalk.org/index.php?topic=426303.msg5206938#msg5206938
• update 2/19 : an unified stake holder list would be made on 2/22 which is three days from today. You need to file a complaint in the stake complaint thread by that day if you think you are a stakeholder but you are not on the list or on the list without Y.
• update 2/21 : waiting list https://bitcointalk.org/index.php?topic=467027.msg5159558#msg5159558
• update 2/24 : what is stakeholder list public auditing ? https://bitcointalk.org/index.php?topic=426303.msg5338775#msg5338775; unified stakeholder list published (check the link above).
• update 3/2 : the stakeholder list public auditing begins. Read the rules here  https://bitcointalk.org/index.php?topic=496112.msg5463089#msg5463089
• update 3/10: a short update on coding progress https://bitcointalk.org/index.php?topic=426303.msg5615748#msg5615748
• update 3/10: logo committee is formed.
• update 3/12: looking for a UI/ UX designer https://bitcointalk.org/index.php?topic=426303.msg5662029#msg5662029
• update 3/12: future plans explained https://bitcointalk.org/index.php?topic=426303.msg5668983#msg5668983
• update 3/29: development update https://bitcointalk.org/index.php?topic=426303.msg5973475#msg5973475
• update 4/10: waiting list is closed. NEM fundraising is now officially closed.
• update 4/18: final stakeholder list published and some allocation details. Somehow the post was deleted, I will write a more fully announcement later on. In the meantime Check this post https://bitcointalk.org/index.php?topic=426303.msg6276789#msg6276789
• update 4/29: marketing manager position open https://bitcointalk.org/index.php?topic=426303.msg6458760#msg6458760
• update 5/1: small update https://bitcointalk.org/index.php?topic=426303.msg6491667#msg6491667 ; https://bitcointalk.org/index.php?topic=426303.msg6490600#msg6490600
• update 5/10: update + final stakeholder list release https://bitcointalk.org/index.php?topic=426303.msg6664079#msg6664079
• update 5/17: NEM has more than 1000 veteran account stakeholders. Population statistics https://bitcointalk.org/index.php?topic=426303.msg6784272#msg6784272
• update 5/19: NEM public auction explanation https://bitcointalk.org/index.php?topic=426303.msg6821199#msg6821199
• update 5/19: Issuing NEM stake tokens via an asset exchange (Nxt) https://bitcointalk.org/index.php?topic=616467.0
• update 5/25: IMPORTANT Development contract published (preliminary draft)  (do read NEM summary enclosed).
  https://docs.google.com/document/d/19so-Jy3Gqw2KltZP-gaw3oFaHliN0OdtwZktOP4pCOQ/edit
• update 6/1: NEM ecosystem board is public. Developers are welcomed. https://trello.com/b/9psFZ0aQ/nem-ecosystem
• update 6/1: Survey. Important. Fill it out. https://bitcointalk.org/index.php?topic=426303.msg7083233#msg7083233
• update 6/5: Jaguar0625 explains NEM roadmap: https://bitcointalk.org/index.php?topic=426303.msg7159474#msg7159474
• update 6/8: Open Alpha is scheduled on 6/25 https://bitcointalk.org/index.php?topic=426303.msg7202161#msg7202161
• update 6/13 Utopian Future Resigns: NEM is now Community Driven https://bitcointalk.org/index.php?topic=426303.msg7279112#msg7279112
• update 6/25 Open alpha has launched: https://bitcointalk.org/index.php?topic=654845.msg7515541#msg7515541

Useful Links

• Our NEM Website
• Twitter
• Facebook
• Reddit
• 1st Bitcointalk Official NEM Discussion Thread - CLOSED
• 1st Bitcointalk Refunding/Account Changing/Complaints Thread - CLOSED

• 2nd Bitcointalk Refunding/Account Changing/Complaints Thread - ACTIVE

• 1st Pre-launch Asset Exchange Thread - A detailed description on how and where you can currently buy NEM. - CLOSED

• 2nd Pre-launch Asset Exchange Thread - A detailed description on how and where you can currently buy NEM - ACTIVE

• Live NEM Token Trading On Nxt Asset Exchange - The place where NEM tokens are currently being traded.   
• Final Initial Stakeholder List
• Development contract (preliminary draft)
• The First Development Plan - The first NEM development plan was published on 2/9/2013; There are many changes since then and a new development plan will be published soon.
• NCC Specification(Server Client) - Ongoing NCC specification.
• NCC Teaser 1(User Client)   Mock-up design
• NCC Teaser 2(User Client)   1.5 months old build (real thing will be better)
• NEM promotion Trello board - Please contact EFFV to join in.
• NEM ecosystem Trello board - Please contact EFFV to join in.
• Logo Package 1
• Logo Package 2
• NEM Forum
• NEM IRC Channel
• NEM Volunteer Survey - Want to contribute or participate? Please take a minute and fill this out.
• NEM Investor's Handout -  Stunning Visual Version
• NEM public IRC channel: #ournem (freenode)
• NEM F.A.Q. Thread - Please make sure you read this before posting any questions.

NEM development fund addresses:

• NXT: NXT-PW84-22VF-KJFX-22222
• BTC: 1PxrkQfPc9cvgPd4okAusye359jUgjcrPH

Other Important Links

• NEM Official Thread - https://bitcointalk.org/index.php?topic=650274.0
• New Stake Request Thread - https://bitcointalk.org/index.php?topic=740629.msg8368436

Note: Thanks to Taumuon for putting most of this writing in a previous post together.

Salut,

Dupa cate am vazut au fost deja mai multe bitcoin meetup-uri in Romania.

Stie cineva daca este prevazuta organizarea unui meetup in viitorul apropiat(2014) ?

In aceeasi idee m-ar interesa daca este prevazuta vreo conferinta anul acesta.

Daca nu este, ati fi interesati de o asemenea conferinta?

Edit: Am schimbat intalnire in meetup ca sa fie mai clar.

Please PM me your offers.

Thanks!

Hello guys,

I have just created a ripple wallet. Only problem is I cannot use it until I receive some ripple.

This is my address: rNp7Q6W57hjfKXmSy8PCNPuwEtSmQFTmie

Appreciate your help, thanks!

[What happened::]

What happened::
I wanted to buy 2 mil leaf from YeeYay. He said he would not send first. I agreed to send first and send in 2 rounds.
After I send the first 0.15 round he said he will send 1 mil leaf and then I send again, after that he send again.

I sent the first round and then he never sent his part.

Scammers Profile Link:
https://bitcointalk.org/index.php?action=profile;u=233186


Amount Scammed: 0.15 btc
Payment Method: directly.
Proof of Payment:

Status: 22 confirmations, broadcast through 14 nodes
Date: 2/1/2014 07:57
To: Waiting for 1 mil leaf 1Lk2K8jTZMapdMHDeLKmo8VJYL37o9HGXR
Debit: -0.15 BTC
Transaction fee: -0.0001 BTC
Net amount: -0.1501 BTC
Transaction ID: f663cbdbb9b2699e3b8ccc45ff2b45983c84598d3a2a69886c54c5877f969e7a

PM/Chat Logs:

I have posted proof here:
https://bitcointalk.org/index.php?topic=430648.460

and here:
https://bitcointalk.org/index.php?topic=430648.480

He is still denying it and lying but I have brought all the messages and transaction.

Please help me ban this scammer so no other user has to lose money.

Please help me ban this scammer so no other person needs to be left without money.

Please remove this thread.

Please post your feedback here if you have done any transaction with me.

Thanks!

Hello,

I want to buy 1000$ worth of LTC.

Whats your best offer?

Please pm me. Thanks!

.