[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread

[utopianfuture]

Can someone put a Y in front of my registration entry at line 1085 in the "NEM Stakeholder list" ?
Kooream, utopianfuture ?

Here is the link :
https://bitcointalk.org/index.php?topic=422129.msg4787819#msg4787819

Sorry it has to wait for a while until the thread 1 audition is over.

[freigeist]

We have been considering moving away from a pure-POS forging mechanism and creating a hybrid POS/proof-of-network (PON) forging scheme that will better reward the people running NEM nodes since each node adds value and redundancy to the NEM network.

+1

Hello.

This is good as it may facilitate mass adoption because people
could just join NEM by running a client without buying coins and earn some fees
by helping the network.
I would suggest you to check the concept of timekoin at http://timekoin.org/
which uses similar concept.

The user earn coins by running a node.
The difference is that timekoin has an infinite number
of coins that can be generated and the there are no fees i think.
Every node is allowed to generate a coin in random time frame.
More time the node is online the more chances to generate coins it has.

I think this would be worth investigating how partially port this concept to NEM
that part of the fees goes to
nodes depending on the time spent securing the network.

I see NXT as pure POS coin has problems of distribution because of the sudden exponential price rise
people won't buy the coin because and because it requires big amounts of NXT to forge something as
the number of transaction i currently low.

I think that with the concept above this scenario can be avoided.

greetins

[patmast3r]

The user earn coins by running a node.
The difference is that timekoin has an infinite number
of coins that can be generated and the there are no fees i think.

Imho it'd be better to keep the systems as is regarding distribution of coins i.e. finite number and fees. An infinite number of coins will create inflation like crazy and people probably won't buy into it in the first place.
Obviously we then need the fees to reward people for forging.

POS/PON in general i think are great ideas. I think it'll be important to find the right balance between POS and PON. E.g. how long will it take me to forge a block with little or no NEM but a node that is running 24/7 ?
I think this could also eliminate the complaints from people that the rich get ritcher with the current Nxt - POS implementation.

Just to through out numbers to start a discussion - I think 40 % POS / 60 % PON could be fair. I think this would reflect that you're helping NEM more by running a node than hoarding your coins.

Thoughts ?

[freigeist]

Imho it'd be better to keep the systems as is regarding distribution of coins i.e. finite number and fees. An infinite number of coins will create inflation like crazy and people probably won't buy into it in the first place.
Obviously we then need the fees to reward people for forging.

POS/PON in general i think are great ideas. I think it'll be important to find the right balance between POS and PON. E.g. how long will it take me to forge a block with little or no NEM but a node that is running 24/7 ?
I think this could also eliminate the complaints from people that the rich get ritcher with the current Nxt - POS implementation.

Just to through out numbers to start a discussion - I think 40 % POS / 60 % PON could be fair. I think this would reflect that you're helping NEM more by running a node than hoarding your coins.

Thoughts ?

I agree with you therefore i have written that the concept should be partially adapted
as the number of coins in NEM is finite. Part of the forging fee should go to nodes that are securing the netowrk using PON.
The best POS / PON ratio yet shuld be found.

+1 to your advice 40 % POS / 60 % PON or something in that range to avoid hoarding.

[oleyla]

Respected Utopianfuture !
In NEM Stakeholder list happened two identical rooms of different accounts

1648    rascal2012         Y
&
1648    BlueFalcon13      Y

[utopianfuture]

update: our doge subreddit ad has come online for a while

Here is a few statistics

date                   impressions   clicks   click-through (%)   
2014-02-05 00:00 -0500   32   0   0   
2014-02-05 01:00 -0500   1,042   23   2.207   
2014-02-05 02:00 -0500   3,541   59   1.666   
2014-02-05 03:00 -0500   711   10   1.406   
2014-02-05 04:00 -0500   573   13   2.269   
2014-02-05 05:00 -0500   715   10   1.399   
2014-02-05 06:00 -0500   1,345   34   2.528   
TOTAL *              7,959   149   1.872%


and comments


SUCH FUN make some noises but be polite   we want more dog-er with us

I view it live now http://www.reddit.com/r/dogecoin/?ad=t3_1wq6wj

[tron666]

We have been considering moving away from a pure-POS forging mechanism and creating a hybrid POS/proof-of-network (PON) forging scheme that will better reward the people running NEM nodes since each node adds value and redundancy to the NEM network.

+1

Hello.

This is good as it may facilitate mass adoption because people
could just join NEM by running a client without buying coins and earn some fees
by helping the network.
I would suggest you to check the concept of timekoin at http://timekoin.org/
which uses similar concept.

The user earn coins by running a node.
The difference is that timekoin has an infinite number
of coins that can be generated and the there are no fees i think.
Every node is allowed to generate a coin in random time frame.
More time the node is online the more chances to generate coins it has.

I think this would be worth investigating how partially port this concept to NEM
that part of the fees goes to
nodes depending on the time spent securing the network.

I see NXT as pure POS coin has problems of distribution because of the sudden exponential price rise
people won't buy the coin because and because it requires big amounts of NXT to forge something as
the number of transaction i currently low.

I think that with the concept above this scenario can be avoided.

greetins

Could there be a small "lucky" part where a part of the transaction fee goes into a pot and once in a while the pot is given to some random wallet?

[TauMuon]

update: our doge subreddit ad has come online for a while

Here is a few statistics

date                   impressions   clicks   click-through (%)   
2014-02-05 00:00 -0500   32   0   0   
2014-02-05 01:00 -0500   1,042   23   2.207   
2014-02-05 02:00 -0500   3,541   59   1.666   
2014-02-05 03:00 -0500   711   10   1.406   
2014-02-05 04:00 -0500   573   13   2.269   
2014-02-05 05:00 -0500   715   10   1.399   
2014-02-05 06:00 -0500   1,345   34   2.528   
TOTAL *              7,959   149   1.872%


and comments


SUCH FUN make some noises but be polite   we want more dog-er with us

I view it live now http://www.reddit.com/r/dogecoin/?ad=t3_1wq6wj

I think you're unlikely to get any positive responses on the Dogecoin subreddit, if I'm brutally honest. With luck people will click on the link and find out what NEM is about for themselves rather than reading the 'criticisms' in the comments section.

[dave5555]

@utopianfuture : So I think I read somewhere you went up to page 20 to list investors yet I am not listed.
I am on page 13:

sent 400 NXT
transaction 4102152512080007945

Also, I have another person that might be interested but I won't get to discuss NEM with that person until tomorrow, I was wondering if I could reserve and invest on that person's behalf since they are not active on this forum but would still like to become an investor.

[utopianfuture]

@utopianfuture : So I think I read somewhere you went up to page 20 to list investors yet I am not listed.
I am on page 13:

sent 400 NXT
transaction 4102152512080007945

Also, I have another person that might be interested but I won't get to discuss NEM with that person until tomorrow, I was wondering if I could reserve and invest on that person's behalf since they are not active on this forum but would still like to become an investor.

We have a no reserve rule to combat fraudsters.

[Conurtrol]

Maybe you should give the option to buy in with dogecoin now that reddit ads are live.

[utopianfuture]

update: our doge subreddit ad has come online for a while

Here is a few statistics

date                   impressions   clicks   click-through (%)   
2014-02-05 00:00 -0500   32   0   0   
2014-02-05 01:00 -0500   1,042   23   2.207   
2014-02-05 02:00 -0500   3,541   59   1.666   
2014-02-05 03:00 -0500   711   10   1.406   
2014-02-05 04:00 -0500   573   13   2.269   
2014-02-05 05:00 -0500   715   10   1.399   
2014-02-05 06:00 -0500   1,345   34   2.528   
TOTAL *              7,959   149   1.872%


and comments


SUCH FUN make some noises but be polite   we want more dog-er with us

I view it live now http://www.reddit.com/r/dogecoin/?ad=t3_1wq6wj

I think you're unlikely to get any positive responses on the Dogecoin subreddit, if I'm brutally honest. With luck people will click on the link and find out what NEM is about for themselves rather than reading the 'criticisms' in the comments section.

It is more like spreading awareness campaign. It doesn't matter to me if we get a lot of negative comments because we will still be in the front row  Click-though rate is at 1.87%. that's good enough for now. If you think it is fun then make a comment because there is a strong miner's attitude there. It would be just a nice conversation not a shouting war.

[therealbigcoin]

I cant find me in the stakeholder list but paid 0.05 BTC whats wrong?

Where is your post?

my post got deleted:

I like Utopia, hope you dont use this Name for a scam (you already got min 20 btc hope your not loving to get it over the mountains ^^)

Anyway im in and that 40 $ Investment is done Wink

Proof: e6d25587911ed4f6f6e8aacbe81a2dffe7f4c417e4b8877ecd7cdab528f1e4d6

So how does this go on? Do i receive some coins soon , or do i now hold shares of your Project?

Greetings

[utopianfuture]

I cant find me in the stakeholder list but paid 0.05 BTC whats wrong?

Where is your post?

my post got deleted:

I like Utopia, hope you dont use this Name for a scam (you already got min 20 btc hope your not loving to get it over the mountains ^^)

Anyway im in and that 40 $ Investment is done Wink

Proof: e6d25587911ed4f6f6e8aacbe81a2dffe7f4c417e4b8877ecd7cdab528f1e4d6

So how does this go on? Do i receive some coins soon , or do i now hold shares of your Project?

Greetings

I don't think I ever delete any veteran account's contribution.

[dave5555]

We have a no reserve rule to combat fraudsters.

I am not trying to make a reserve spot, I want to invest the NXT now before it goes up.  I just want to make sure it's ok with you that I am using this account to invest the NXT on behalf of someone else.

[opticalcarrier]

+1
Please make addresses with some sort of error correction built in.

When I read what you guys are planing and saying I truly believe there is extremely bright future for NEM. I'm translating and hoping to join the community as a stake holder soon. I don't have money but I hope translating will suffice to enter.

Question: How come price of NXT is so stable?
I see that Vertcoin went up significantly in the past few days and what it brings to the table is not comparable at all what nxt has now.

Vertcoin jumped because it was added to cryptsy.  imagine what NXT will do when it gets added to cryptsy.

[utopianfuture]

We have a no reserve rule to combat fraudsters.

I am not trying to make a reserve spot, I want to invest the NXT now before it goes up.  I just want to make sure it's ok with you that I am using this account to invest the NXT on behalf of someone else.

sorry we stick by 1 account/ 1 share.

[therealbigcoin]

I cant find me in the stakeholder list but paid 0.05 BTC whats wrong?

Where is your post?

my post got deleted:

I like Utopia, hope you dont use this Name for a scam (you already got min 20 btc hope your not loving to get it over the mountains ^^)

Anyway im in and that 40 $ Investment is done Wink

Proof: e6d25587911ed4f6f6e8aacbe81a2dffe7f4c417e4b8877ecd7cdab528f1e4d6

So how does this go on? Do i receive some coins soon , or do i now hold shares of your Project?

Greetings

I don't think I ever delete any veteran account's contribution.

So why do bitcointalk send me this "deleted" message?
I dont understand ^^

Greetings

[utopianfuture]

I cant find me in the stakeholder list but paid 0.05 BTC whats wrong?

Where is your post?

my post got deleted:

I like Utopia, hope you dont use this Name for a scam (you already got min 20 btc hope your not loving to get it over the mountains ^^)

Anyway im in and that 40 $ Investment is done Wink

Proof: e6d25587911ed4f6f6e8aacbe81a2dffe7f4c417e4b8877ecd7cdab528f1e4d6

So how does this go on? Do i receive some coins soon , or do i now hold shares of your Project?

Greetings

I don't think I ever delete any veteran account's contribution.

So why do bitcointalk send me this "deleted" message?
I dont understand ^^

Greetings

Can you post the whole message here. I will check the hash against my record.

[therealbigcoin]

ok here it is:

Deleted Post
« Sent to: therealbigcoin on: February 04, 2014, 01:05:52 PM »
   Reply with quoteReply with quote Remove this messageDelete
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
I like Utopia, hope you dont use this Name for a scam (you already got min 20 btc hope your not loving to get it over the mountains ^^)

Anyway im in and that 40 $ Investment is done Wink

Proof: e6d25587911ed4f6f6e8aacbe81a2dffe7f4c417e4b8877ecd7cdab528f1e4d6

So how does this go on? Do i receive some coins soon , or do i now hold shares of your Project?

Greetings
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