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Author Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread  (Read 661424 times)
hedge
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February 09, 2014, 02:00:43 PM
 #1061

Why is the User Coinonaer not in the stakeholder list?
He has made ​​several inquiries and its entries were deleted?
He has sent 500 Nxt see here: https://bitcointalk.org/index.php?topic=440185.msg4916130 # msg4916130


look

https://docs.google.com/spreadsheet/ccc?key=0AlidWok7hW0DdDZ0amZpM00wQXhrR2lJM3pCOGRhNFE#gid=6

T2-2093 and hashinfo
hedge
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February 09, 2014, 02:07:09 PM
 #1062

Have sent 0.04btc @ 1. February:
https://bitcointalk.org/index.php?topic=440185.msg4873688#msg4873688

I'm not in the stakeholder list. Whats wrong?

https://docs.google.com/spreadsheet/ccc?key=0AlidWok7hW0DdDZ0amZpM00wQXhrR2lJM3pCOGRhNFE#gid=4

T2-1665 Smiley
ashapasa
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February 09, 2014, 02:11:54 PM
Last edit: February 09, 2014, 02:23:10 PM by ashapasa
 #1063

No, but seriously in a free market sellers would quote silly prices and NEM Holders would not be willing to buy at those prices which could just lead to a deadlock.

If all 3000+ stakeholders were to reach some sort of consensus value among themselves and pledge to honor that decision by providing goods and services at agreed value we would have all increased the value of our own stake.
Its a common "prisoners dilemma" problem. But I guess you need stakeholders who can see the longterm benefit of such an agreement as opposed to just dumping the coin. Sad for a small profit.

I wish we could do NEM again, only selecting stakeholders who are committed and willing to actually pledge their time, effort and goods and services and not just be stakeholders who "invest" a pittance and hope for a miracle to happen.
patmast3r
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February 09, 2014, 02:23:42 PM
 #1064

No, but seriously in a free market sellers would quote silly prices and NEM Holders would not be willing to buy at those prices which could just lead to a deadlock.

If all 3000+ stakeholders were to reach some sort of consensus value among themselves and pledge to honor that decision by providing goods and services at agreed value we would have all increased the value of our own stake.
Its a common "prisoners dilemma" problem. But I guess you need stakeholders who can see the longterm benefit of such an agreement as opposed to just dumping the coin. Sad for a small profit.

free market is the only way to go.

If someone sells that silly prices no one will buy - his problem
If someone buys at those silly prices - his problem
If someone sees noone's buying at his silly price and he decides on a more reasonable price - PROFIT !

Anything else is just not working and I understand why. BIDs and ASKs - all we need.

yurkomik
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February 09, 2014, 02:43:52 PM
 #1065

All I want to say:


I hope that legally and by soul we will create new economy based on digital decentralised Consumer cooperatiion: http://en.wikipedia.org/wiki/Consumer_cooperative
In many countries it has status of non profit or have much lover taxation.

Consumer cooperatives are enterprises owned by consumers and managed democratically which aim at fulfilling the needs and aspirations of their members. They operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Consumers' cooperatives often take the form of retail outlets owned and operated by their consumers, such as food co-ops and other groups operating in areas such as health care, insurance, housing, utilities and personal finance (including credit unions).

We need to be better then others.
1) Fast and easy transactions on smartphones (not more then 10 sec)
2) Fixed transaction fee at fixed speed of proceding
3) Transaction expances must be not higher then those with banking processing centers, VISA and Master Card
4) Ideally automated processing original credit or debit card transactions with payment to the parties and stakeholders as commision(bonus) (maybe we need own processing center or something like opensource google wallet)
5) Algorithm to automaticly calculate emition of new money based on condition of stabilisation fund.
We can use a) premined billions secured in automated account or transaction algorithm b)internal system commision on transactions to develop stabilization fund and regulate speed of market growth.
6) To ballance even better - we need automaticly controlled deflation not higher then 96%, 48%, 24%, 12%, 6% in future years and 0% inflation suppotred by stabilisation fund
7) Later on we may need to implement rating system and be open to current legal system - create way to show real identity by paypal or banking account validation if person or company wants. If system will be really big we will show the rules - not government))

It's huge challange but it may make the difference for human future. Just think that with this system we can have great deflation at lunch to have rapid growth, then our coin become new international independent payment system, more stabile then any government or banking system.. And system mast be fair. If you're early bird you will have some passive income at begining but it will not last long as amount of transactions is growing and you're not participating.

Regards, Yurij

ashapasa
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February 09, 2014, 02:49:15 PM
 #1066

hi Pat

Longterm there is no other-way but the freemarket I agree , but initially to give NEM an initial liftoff and separate us from regular dime a dozen cryptos a consensus price could be hugely beneficial. Emunie I think is doing something vaguely similar, setting the price at $.10 and creating emunie equal to the initial funds raised in the IPO. If there is more future demand and no one is willing to sell at $.10 they will create the demanded emunie plus one more to be divided among the hatcher and initial holders.
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February 09, 2014, 02:52:31 PM
 #1067



free market is the only way to go.




That's 100% true. We may create automated stabilisation of currency price but transaction price must be free to decide as far as system has it's % on it.
TauMuon
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February 09, 2014, 03:52:49 PM
 #1068

Poll for the logo.

Imgur album of the options (and their corresponding numbers) can be found here.


Note - this poll is by no means final, or 'official', I made it purely so we can gauge what logo the community likes the idea of the most.

NEM - New Economy Movement - http://blog.nem.io/overview/ | www.reddit.com/r/nem | https://www.facebook.com/ourNEM | https://twitter.com/nemcoin
Built from the Ground up with 100% Original Code | A Second-Generation Crypto, Radically Improved over Bitcoin | Philosophy of Solidarity and Egalitarianism
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February 09, 2014, 04:01:20 PM
 #1069

Here are some suggestions on how to improve over Nxt

(1) Don't let the user choose the passphrase by default. Brain wallet should be an advanced feature and not a default option. Generate a 256-bit random seed for the user, and save that (in encrypted form) in wallet.dat file. The user will provide the password for the encryption. Don't ever save the seed unencrypted on the hard drive, ever. Don't make that an available option.  Encryption password must be a requirement (and the user must type it twice).

(2) Make the accounts deterministic, so the user will only have to back up wallet.dat once (not like Bitcoin's QT where regular backups are required).

Basically, it should work something like this:

seed = 256-bit randomly generated and saved encrypted in wallet.dat

Account-One = Hash (seed)

If the user creates more accounts,

Account-two = Hash (Account-One + seed)
Account-three =  Hash (Account-two + seed)

etc etc .

The user can create as many accounts as they want. As long as they never lose the seed, they will be fine. No regular backups required.  

(3) Do not include any code that has anything to do with signing transaction in server code. The signing  should be client's job. That way the users who don't want to download the server software can just download a lightweight client and connect to a public node and safely use it without ever transmitting the secret seed over the internet.




Thanks forweighing in here. Ive already made these suggesions except for the detrministic part.  I like it.  Im quoting you so jg will be sure to not miss i
marek3ball
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February 09, 2014, 04:32:56 PM
 #1070

NEM logo in movement Wink:

chuki
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February 09, 2014, 04:34:56 PM
 #1071

Hi

I can´t find my Name in the Stakeholderlist. Why dat

I have send 600NXT

https://bitcointalk.org/index.php?topic=440185.msg4992032#msg4992032

pls check that

Thx

Very Lucky!!!
pixmo
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February 09, 2014, 05:19:07 PM
 #1072


Thx!! Wink
patmast3r
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February 09, 2014, 05:20:56 PM
 #1073

Is this legit ?

https://bitcointalk.org/index.php?topic=453998.0

pheromone
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February 09, 2014, 05:38:53 PM
 #1074

For manning the domain, will the development team provide fund for hosting fees and yearly domain renewal?
freigeist
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February 09, 2014, 05:49:08 PM
 #1075


I thinks could be a scam!
Bitcoin address does not match to the address given in this thread

Post from that link above:
Quote
1. Pay a fee to join in
   
    Send 0.1 BTC to the address     1AVCrA2D42B2nHxhqNV88Vwwm1z9yHsAhe
    Paypal option available at 50$ (you would need to send gift), this option is not available to users who can purchase NXT or BTC easily - NXT designated address for this service 3231774856984709013 Read here for How to use Paypal option https://bitcointalk.org/index.php?topic=426303.msg4899575#msg4899575


orignal post from the 1st page of this thread:
https://bitcointalk.org/index.php?topic=440185.0

Quote
1. Pay a fee to join in
   
    Send 650 NXT to the address      14343293611098709683
    Send 0.065 BTC to the address     1Lk5Paws9T1YpoSeLeZT7ZeSQKW7UNq4TJ
    Paypal option available at 50$ (you would need to send gift), this option is not available to users who can purchase NXT or BTC easily - NXT designated address for this service 3231774856984709013 Read here for How to use Paypal option https://bitcointalk.org/index.php?topic=426303.msg4899575#msg4899575


mr smith
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February 09, 2014, 06:02:13 PM
 #1076

Has anyone any idea about how NEM can be better than NXT ?
Yes distribution will be by far (more stakeholders)
Copy cat clones are going to pop up like mushrooms.
i think we need an edge on a 100 % clone.
Can anyone think of a dev that is easy to implement ?
would programming in C be better ?
Just a few thoughts at the start of this journey !







New Economy Movement
Philosophy of Solidarity and Egalitarianism
patmast3r
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February 09, 2014, 06:12:49 PM
 #1077

Has anyone any idea about how NEM can be better than NXT ?
Yes distribution will be by far (more stakeholders)
Copy cat clones are going to pop up like mushrooms.
i think we need an edge on a 100 % clone.
Can anyone think of a dev that is easy to implement ?
would programming in C be better ?
Just a few thoughts at the start of this journey !


There are already a couple of good ideas floating around like using PON together with POS.

I don't think the language will matter. C is imho not the language for the task at hand (unless I missed something final plan isn't out yet) but it's up to the devs anyways.

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February 09, 2014, 06:27:19 PM
 #1078

I am very excited about the news which will give it this weekend, the weekend ends with us in Germany in just over 4 hours
Fatih87SK
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February 09, 2014, 06:35:54 PM
 #1079

I am very excited about the news which will give it this weekend, the weekend ends with us in Germany in just over 4 hours

What news? Did I miss something?

salsacz
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February 09, 2014, 06:38:24 PM
 #1080

Distribution of Nxt:
first 61 days, 1 Nxt = 2 Satoshi = 71 stakeholders
next week, 1 nxt = 100 Satoshi = 400 stakeholders
next weeks, 1 nxt = 400-2000 Satoshi = thousandts of stakeholders

Distribution of Nem:
First 20 pages   : free to join in
pages 21-30     : fee = 0.001 btc or  10nxt
page 81-90     :fee=0.03btc or 300nxt
b)
page 51-60          :fee=0.06btc or 600nxt  

So the distribution of Nxt and Nem is very similar, only with the biggest difference - first stage of Nxt first IPO was 61 days long and Nem had it for a few days (hours?)


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