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

[lostisland]

why the coin is so expensive?

Your answer can be found on the first page.

- Fair distribution (call for participation) for 3000 stakeholders
- Proof of intent (distinct form proof of work and proof of stake)
- Large, skilled, development team.  Gimre and Jagaur were contributors to NxT.  The other developers had roles in other successful coins.

https://nxtforum.org/alternate-cryptocurrencies/should-i-hold-nem/

+1，Don't forget, there is a very good organizer：UtopianFuture

Don't forget the community behind NEM

[xtester]

Out of curiosity: which was the 1st?

Also, does anyone have any idea when UP is going to do the next batch of AE tokens?

Don't know what you mean with 1st.

For the second question check this thread:

https://bitcointalk.org/index.php?topic=616467.1080

Ok cool, UP gave an update.

I meant to ask: what was the 1st official bounty, since the Emunie one is the 2nd?

maybe this one? http://www.coindesk.com/how-roger-ver-hacked-what-he-did-stop-it/

Yes, here you have the full details.

http://www.reddit.com/r/Bitcoin/comments/26d79c/roger_ver_hacking_incident_full_details_376_btc/?utm_source=twitterfeed&utm_medium=twitter

[xtester]

Aye, thanks for the link.

NEM, in the meanwhile, has reached the Inner Sanctum of 2.0 development:

https://bitsharestalk.org/index.php?topic=4888.0

Yey!

I see the guy quoted just a small part of my post.

Post the entire quote to them and then they will understand more about NEM and maybe even be interested in buying some.  

[gwinevere]

why the coin is so expensive?

Your answer can be found on the first page.

- Fair distribution (call for participation) with 3000 stakeholders
- Proof of intent (distinct form proof of work and proof of stake)
- Large, skilled, development team.  Gimre and Jagaur were contributors to NxT.  The other developers had roles in other successful coins.

Is Proof of intent the same as Proof of Importance?

[TaunSew]

why the coin is so expensive?

Your answer can be found on the first page.

- Fair distribution (call for participation) with 3000 stakeholders
- Proof of intent (distinct form proof of work and proof of stake)
- Large, skilled, development team.  Gimre and Jagaur were contributors to NxT.  The other developers had roles in other successful coins.

Is Proof of intent the same as Proof of Importance?

Yep.  Sometimes it's also called proof of interest.  I think the importance is the more official lingo.

[gwinevere]

why the coin is so expensive?

Your answer can be found on the first page.

- Fair distribution (call for participation) with 3000 stakeholders
- Proof of intent (distinct form proof of work and proof of stake)
- Large, skilled, development team.  Gimre and Jagaur were contributors to NxT.  The other developers had roles in other successful coins.

Is Proof of intent the same as Proof of Importance?

Yep.  Sometimes it's also called proof of interest.  I think the importance is the more official lingo.

Thanks. I thought I may have missed some new information.

[patmast3r]

Seems utopianfuture already accepts donations in NEM.

This is from his signature:
NEM donation: TD53NLTDK7EMSutopiaK4RSYQ523VBS3C62UMJC5

Is this the NEM address format?

Getting closer.  

are they all going to have "utopia" in the middle? lol

That would be cool, but I don't think so.

Those are just alpha testing addresses. Gimre searched to find priv keys for addresses that would somewhat resemble our names.
Mine would be TDPATEMA4HXS7D44AQNT6VH3AHKDSNVC3MYROLEZ

PS I wish the end was RULEZ but ROLEZ is close enough 

[patmast3r]

I find it remarkable that NEM, compared to other coins, has essentially been free of FUD so far.

You obviously missed a couple of posts

[patmast3r]

why the coin is so expensive?

Your answer can be found on the first page.

- Fair distribution (call for participation) with 3000 stakeholders
- Proof of intent (distinct form proof of work and proof of stake)
- Large, skilled, development team.  Gimre and Jagaur were contributors to NxT.  The other developers had roles in other successful coins.

Is Proof of intent the same as Proof of Importance?

Yep.  Sometimes it's also called proof of interest.  I think the importance is the more official lingo.

Thanks. I thought I may have missed some new information.

I think it's always called proof of importance. Both interest and intent - Never heard of them 

[Eadeqa]

There were a couple assets bigger than NEM but they were entirely within the NxT system, e.g, NxT holders buying the new assets (NxT to assets).  NEM, although hosted on the same asset exchange, brought in new people who were paying premium prices for NxT in order to buy NEM (BTC to NxT to NEM).

Sianote was a third party IPO. The issuer made like close to 2 million Nxt in two or three days, and developer ended the IPO

[xtester]

Seems utopianfuture already accepts donations in NEM.

This is from his signature:
NEM donation: TD53NLTDK7EMSutopiaK4RSYQ523VBS3C62UMJC5

Is this the NEM address format?

Getting closer.  

are they all going to have "utopia" in the middle? lol

That would be cool, but I don't think so.

Those are just alpha testing addresses. Gimre searched to find priv keys for addresses that would somewhat resemble our names.
Mine would be TDPATEMA4HXS7D44AQNT6VH3AHKDSNVC3MYROLEZ

PS I wish the end was RULEZ but ROLEZ is close enough 

That's great!

Like I said, I have only one question, when can I get mine? 

[McDoxy]

Keep on voting for NEM guys!!!


https://hitbtc.com/vote

Huh?
How are they supposed to add NEM if it isn't even released yet?

[sevenyears26]

Keep on voting for NEM guys!!!


https://hitbtc.com/vote

Huh?
How are they supposed to add NEM if it isn't even released yet?

Even if they didn't add us... It's all about the buzz my friend. Nem at the top of that list draws attention form supporters of all those coins as well as the hit btc crew. There is no bad publicity.

[jelin1984]

All the good exchange
Like

Mintpal
Bter
Btc38

Will be at automatic
Nem coin when they will see how good coin is it

So for now must nem coin begin and then will come the exchanges

[play4ce]

a few more threadpages and we got vertcoin

[jluhxd]

All the good exchange
Like

Mintpal
Bter
Btc38

Will be at automatic
Nem coin when they will see how good coin is it

So for now must nem coin begin and then will come the exchanges

Like


Huobi    https://www.huobi.com/
Okcoin   https://www.okcoin.com/

 

[xiaoyi]

nemto the moon

[EFFV]

Some people on the asset exchange have upwards of 12 stakes.  I saw multiple accounts with over 10 just scanning through. Some big holders are beginning to form.

[tlincoln]

I read this about another coin. "The transactions in a block are hashed in a Merkle root tree unlike Nxt which just hashed the concatenation.  The Merkle root is resistive to quantum cryptography attacks and allows for SPV based clients to be implemented."

In the future if a quantum computer is possible, will NEM have any resistance to a quantum cryptography attack?

Experimental Evidence Confirms That D-Wave Systems Quantum Computers Are Truly Quantum
http://www.businessinsider.com/d-wave-systems-2014-6

[mrvegad]

I read this about another coin. "The transactions in a block are hashed in a Merkle root tree unlike Nxt which just hashed the concatenation.  The Merkle root is resistive to quantum cryptography attacks and allows for SPV based clients to be implemented."

In the future if a quantum computer is possible, will NEM have any resistance to a quantum cryptography attack?

Experimental Evidence Confirms That D-Wave Systems Quantum Computers Are Truly Quantum
http://www.businessinsider.com/d-wave-systems-2014-6

Here is a story from Wired on that as well:

http://www.wired.com/2014/05/quantum-computing/