NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[Eadeqa]

Are the 4000 stakes being reduced inline with the number of socks taken out? Or do the devs/marketing/bounties etc. just keep more of the stakes (2433.5/4000)?

Just me being ignored then 

The latter. And you can believe that everyone involved hates the fuck out of that.

wait a minute, your saying that the developers will be holding 60% of total NEM?

The solution is to reduce  the number of  coins.  Give 25% to developers, hold  5% for people who might claim later, and 1 million each  for all legit users.

[1715002940]

1715002940

[1715002940]

1715002940

[patmast3r]

Are the 4000 stakes being reduced inline with the number of socks taken out? Or do the devs/marketing/bounties etc. just keep more of the stakes (2433.5/4000)?

Just me being ignored then 

The latter. And you can believe that everyone involved hates the fuck out of that.

wait a minute, your saying that the developers will be holding 60% of total NEM?

They will be holding whatever is left after extended redemption. Emphasis is on holding. They don't own it and in fact it's all going to be in funds that have a specific purpose. A huge chunk will be in a community led fund and of course it will also be used to ditribute NEM further through bounties and what not.
I don't like it either but it's not like there was much of a choice.

And plz don't say we should have burned it.

[bitcoingirly]

Are the 4000 stakes being reduced inline with the number of socks taken out? Or do the devs/marketing/bounties etc. just keep more of the stakes (2433.5/4000)?

Just me being ignored then 

The latter. And you can believe that everyone involved hates the fuck out of that.

wait a minute, your saying that the developers will be holding 60% of total NEM?

Hahaha Ripple 2

[SBOSS]

Thanks for the numbers It's true many people left, will be interesting to see how many people will ultimately remember their NEM

May be like this man,who bought pizza for 2000 btc's

It was 10 000 BTC.

O.m.f.f.f.f.f.f.f.f.f.g...)))

1 NEM $100 

[crimi]

Socks kicked in this round: 386
Remaining stakeholders (including both AE and BTT): 1397
Remaining stakes: 1566.5 (remember, with AE)

Does this mean there are more stakes remaining than nem has actual stackholders?
Does this mean devs hold more than 51% of all nem to begin with?  

Some of us are here to see a better distribution than Nxt has...
The only fair solution is to burn at least 70% of the remaining stakes and dont say you create even more silvercoins(ponzi).

Pay at least some serious amount to people for code reviewing like CfB.

[speculanem]

DIDN'T I TELL YA ALL?! HERE'S A PROOF: https://bitcointalk.org/index.php?topic=654845.msg9406838#msg9406838

I own 0 (zero) NEM stake

Yeah right!

but I also see that the route you picked is wrong.

Der is only one way! NXT way! Listen to the prophet!

Nicely played, NEM Sovereigns!

[gimre]

There's whole long thread: https://forum.nemcoin.com/general-discussion/proposed-usage-for-unclaimed-socks/

[crimi]

There's whole long thread: https://forum.nemcoin.com/general-discussion/proposed-usage-for-unclaimed-socks/

That sums it up... 

[jason miner]

Thanks for the numbers It's true many people left, will be interesting to see how many people will ultimately remember their NEM

May be like this man,who bought pizza for 2000 btc's

It was 10 000 BTC.

correct
https://bitcointalk.org/index.php?topic=137.0

[jason miner]

https://chain.nem.ninja/stakes updated list ?

[gimre]

https://chain.nem.ninja/stakes updated list ?

minus "https://forum.nemcoin.com/nem-news-alerts/the-age-of-extinction-the-final-blow-to-sockmasters/"

[punapeter]

Wasn't everyone allowed to have two stakes? I bought one for me and my brother, and now my account was kicked. I am very very confused.

I will pursue this legally if there won't be a change regarding my stake.

Kind regards,

NC6J7H-53Q635-G25ON4-OITJXU-3FFH65-HCPZIA-LNTW

[punapeter]

Wasn't everyone allowed to have two stakes? I bought one for me and my brother, and now my account was kicked. I am very very confused.

I will pursue this legally if there won't be a change regarding my stake.

Kind regards,

NC6J7H-53Q635-G25ON4-OITJXU-3FFH65-HCPZIA-LNTW

contact patmaster with a genuine request to have your stake reinstated.. legal threats are completely and utterly pointless.. who are you going to prosecute? lol

I will contact him and hope for the best. I am sorry for the threat but I'm rather mad about this as I've been watching this thread daily for about a year now and now I get this.

[BloodyRookie]

@punapeter: contact patmast3r, there is always the chance that something went wrong.

[mladen00]

stick to the first plan 25% to dev,mobile app, nodes and 75% to stakeholders

[xtester]

There has been a lot of discussion these last pages. We are sorry for any inconvenience created to real NEM members. We will do our best to continue to answer your questions and help make sure real NEMsters don't lose their stakes. Thanks you for your understanding.

[Multi]

There has been a lot of discussion these last pages. We are sorry for any inconvenience created to real NEM members. We will do our best to continue to answer your questions and help make sure real NEMsters don't lose their stakes. Thanks you for your understanding.

I styl not understand, because I do not have NEM on my address.

[Come-from-Beyond]

There has been a lot of discussion these last pages. We are sorry for any inconvenience created to real NEM members. We will do our best to continue to answer your questions and help make sure real NEMsters don't lose their stakes. Thanks you for your understanding.

Did I read it correctly:

We will not reveal the analysis details that led to eradication of almost 400 stakes.
We will not use a cryptographically provable way of sockpuppet mitigation.
We do not care about this PR disaster.

[xtester]

Did I read it correctly:

No, I'm afraid that's incorrect.

[Come-from-Beyond]

No, I'm afraid that's incorrect.

Very good, I'll wait for the analysis publication then.