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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2818276 times)
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cryptonit
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April 04, 2018, 03:46:04 PM
 #36701

the best thing for the network would be to reduce the SN requirement to 1.000.000 coins and increase the hardware requirement  for the single nodes.

to have like 1000+  very strong SN



Changing the SN lockup amount is another variable to play with for sure, but if you drop the SN amount too low the reward per SN will fall as the number of SN's increases. If the SN lockup is too low the result could be the opposite of what you expect, the reward for locking up XEM could become too small, and some SN operators decide the reward isn't enough anymore, and they sell, so you end up with about the same number of SN we have now. It's a balancing act! Guys locking up 3M XEM might just sell 1M or 2M XEM at the same time so they can still run 1-2 SN's, what effect would that have?

Whatever happens, giving people a lot of warning of changes, and then certainty is critical.

changing anything in SN setup should be avoided

people did invest and build SN by knowing all the rulesets
u dont change rulesets that where the base of investment decisions

any SN owner know how long it run

focus ur energy on get NEM chain be heavy utilized in the timeframe
and it will be for sure worth run nodes in 2 years too just for tx fees

and for everyone not just whales who can afford a SN

 
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ducho74
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April 04, 2018, 08:56:01 PM
 #36702

STOP BUYING XEM!!!
NEM foundation supports Cryptopia for scam. NEM foundation disclaims responsibility, but they have a contract with Cryptopia!!!!

Cryptopia wrote me that my coins was credited to my account. But NO!
This is bad joke!!!!! This deposit was not credited to my account!!!!!!

---------
Sender: TheQueenIsDead (Cryptopia)
4/3/2018 10:07:21 PM
Hi ducho Your deposit of 1016.63227000 XEM (TxID: 7f3480092e3c130a31e3e6b74d832893bd156686006a8f4fde4f91b38521d45c) has been credited to your account.
Kind regards, Cryptopia Wallets Team
---------
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April 04, 2018, 10:15:51 PM
 #36703

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April 04, 2018, 11:58:47 PM
Merited by gentlemand (2)
 #36704


changing anything in SN setup should be avoided

people did invest and build SN by knowing all the rulesets
u dont change rulesets that where the base of investment decisions

any SN owner know how long it run


I agree changing SN rules after investors have already made life changing investment decisions is NOT a good idea, however, what I am suggesting is:

- respect the existing SN rules until they expire (approx 2 years I think)
- top up the SN funds from other sources like silvercoin fund, and maybe some marketing accounts
- use the topped up funds to extend the SN bounty, BUT, start tapering the reward, maybe change the lockup amount

Why do this? Because under the current rules I estimate the SN bounty will abruptly end in just under 2 years, and when it does that could precipitate a crisis where:
- there is a massive liquidation of SN locked up funds at the same time
- the number of nodes drops drastically and the network becomes unstable

Those two combined could be a coin killing event, so I'd like to see something planned ahead of time, but yes, I don't think changing the rules is cool, that's why I'm advocating extending the whole SN program with new funds, and then adding a gradual and graceful transition to lower SN rewards.
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April 05, 2018, 12:34:37 AM
 #36705


changing anything in SN setup should be avoided

people did invest and build SN by knowing all the rulesets
u dont change rulesets that where the base of investment decisions

any SN owner know how long it run


I agree changing SN rules after investors have already made life changing investment decisions is NOT a good idea, however, what I am suggesting is:

- respect the existing SN rules until they expire (approx 2 years I think)
- top up the SN funds from other sources like silvercoin fund, and maybe some marketing accounts
- use the topped up funds to extend the SN bounty, BUT, start tapering the reward, maybe change the lockup amount


additional funds for a soft SN reward shutdown
is no issue in fact it would add rewards i did not expect

still i think u should put more trust in how much tx activity NEM chain will have in 2 years

i think NEM is clear one of the top 5 blockchain solutions as base to build on

and so we will have shitload transactions and good rewards for normal harvesting

thats my prediction

and i think ur slow shutdown additional SN phase shoult just be considered as backup plan
if for some reason tx fee volume in 2 years is not as i expect it to be high enough as motivation to run nodes

 
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April 05, 2018, 05:48:50 AM
 #36706

When I was transferring XEM to Poloniex, I wrote the message wrong. I reported the problem to the support department

I don´t want to be a party pooper, but sometimes i ask myself, if there is someone actually there . . . (in my case they hold 25000 USD in XEM of mine, for a very long time. Did only make a withrawel, correct address and all, which never arrived, they even gave me a Transaction-ID, which is NOT on the blockchain) .

Guys, stay away from Poloniex !

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April 05, 2018, 05:58:11 AM
 #36707

NEM really made a decent move from its hacking incident two months ago. I certainly believe that NEM and its Catapult service will eventually flourish to be a vital cog in blockchain industry.

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kauppalahti
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April 05, 2018, 06:12:42 AM
 #36708

STOP BUYING XEM!!!
NEM foundation supports Cryptopia for scam. NEM foundation disclaims responsibility, but they have a contract with Cryptopia!!!!

Cryptopia wrote me that my coins was credited to my account. But NO!
This is bad joke!!!!! This deposit was not credited to my account!!!!!!

---------
Sender: TheQueenIsDead (Cryptopia)
4/3/2018 10:07:21 PM
Hi ducho Your deposit of 1016.63227000 XEM (TxID: 7f3480092e3c130a31e3e6b74d832893bd156686006a8f4fde4f91b38521d45c) has been credited to your account.
Kind regards, Cryptopia Wallets Team
---------


Foundation can not control exchanges.  I askes Cryptopia to list XEM years ago.

Most likely your problem will be solved.
pfrtlpfmpf
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April 05, 2018, 07:15:18 AM
 #36709

STOP BUYING XEM!!!
NEM foundation supports Cryptopia for scam. NEM foundation disclaims responsibility, but they have a contract with Cryptopia!!!!

Cryptopia wrote me that my coins was credited to my account. But NO!
This is bad joke!!!!! This deposit was not credited to my account!!!!!!

---------
Sender: TheQueenIsDead (Cryptopia)
4/3/2018 10:07:21 PM
Hi ducho Your deposit of 1016.63227000 XEM (TxID: 7f3480092e3c130a31e3e6b74d832893bd156686006a8f4fde4f91b38521d45c) has been credited to your account.
Kind regards, Cryptopia Wallets Team
---------


Foundation can not control exchanges.  I askes Cryptopia to list XEM years ago.

Most likely your problem will be solved.

Erm, mine too, if it´s not an inconvenience.


Crypto_Prophet
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April 05, 2018, 07:48:19 AM
 #36710

NEM (XEM) is accepted at

CRYPTOSPORTSBET.WORLD

come check us out at https://cryptosportsbet.world

https://bitcointalk.org/index.php?topic=3247944.new#new

30% first deposit bonus details here https://cryptosportsbet.world/eng/pages/bonus
Alohaboy?!
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April 05, 2018, 08:33:13 AM
 #36711

STOP BUYING XEM!!!
NEM foundation supports Cryptopia for scam. NEM foundation disclaims responsibility, but they have a contract with Cryptopia!!!!

Cryptopia wrote me that my coins was credited to my account. But NO!
This is bad joke!!!!! This deposit was not credited to my account!!!!!!

---------
Sender: TheQueenIsDead (Cryptopia)
4/3/2018 10:07:21 PM
Hi ducho Your deposit of 1016.63227000 XEM (TxID: 7f3480092e3c130a31e3e6b74d832893bd156686006a8f4fde4f91b38521d45c) has been credited to your account.
Kind regards, Cryptopia Wallets Team
---------


The foundation has nothing to do with the exchanges. You sure will be fine. Just stay in touch with the support

R
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pfrtlpfmpf
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April 05, 2018, 10:02:20 AM
 #36712

STOP BUYING XEM!!!
NEM foundation supports Cryptopia for scam. NEM foundation disclaims responsibility, but they have a contract with Cryptopia!!!!

Cryptopia wrote me that my coins was credited to my account. But NO!
This is bad joke!!!!! This deposit was not credited to my account!!!!!!

---------
Sender: TheQueenIsDead (Cryptopia)
4/3/2018 10:07:21 PM
Hi ducho Your deposit of 1016.63227000 XEM (TxID: 7f3480092e3c130a31e3e6b74d832893bd156686006a8f4fde4f91b38521d45c) has been credited to your account.
Kind regards, Cryptopia Wallets Team
---------


The foundation has nothing to do with the exchanges. You sure will be fine. Just stay in touch with the support

Support. What support ?
At Poloniex they withdrew the money from my account, then i never saw a dime of it. i really can´t describe that other than outright "theft" ! Ticket number 777745. If Polo-Guys reading this, please get your ass up !

I really don´t have 73015 XEM to throw away, just like that !




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April 05, 2018, 10:20:39 AM
 #36713

I will really write 73015 XEM here, until i get my money from Poloniex, prepare for the worst !
Desperate times, desperate measures.

Oh, and i have status: "Complete"



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April 05, 2018, 10:29:26 AM
 #36714

the best thing for the network would be to reduce the SN requirement to 1.000.000 coins and increase the hardware requirement  for the single nodes.

to have like 1000+  very strong SN



Changing the SN lockup amount is another variable to play with for sure, but if you drop the SN amount too low the reward per SN will fall as the number of SN's increases. If the SN lockup is too low the result could be the opposite of what you expect, the reward for locking up XEM could become too small, and some SN operators decide the reward isn't enough anymore, and they sell, so you end up with about the same number of SN we have now. It's a balancing act! Guys locking up 3M XEM might just sell 1M or 2M XEM at the same time so they can still run 1-2 SN's, what effect would that have?

Whatever happens, giving people a lot of warning of changes, and then certainty is critical.

Great point. I must agree that changing amount of XEM needed to run SN could possibly lead to negative effect.

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April 05, 2018, 08:08:04 PM
 #36715

ZEUS EXCHANGE POWER BY NEM

 Grin Grin Grin

https://t.me/zeusexchange
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April 05, 2018, 09:50:59 PM
 #36716

When I was transferring XEM to Poloniex, I wrote the message wrong. I reported the problem to the support department

I don´t want to be a party pooper, but sometimes i ask myself, if there is someone actually there . . . (in my case they hold 25000 USD in XEM of mine, for a very long time. Did only make a withrawel, correct address and all, which never arrived, they even gave me a Transaction-ID, which is NOT on the blockchain) .

Guys, stay away from Poloniex !



I never had problem with poloniex but that was a year ago. I stoped using them since they asked full verification. But i noticed a lots complaining after they did get too many user registerd.

HODL coin exchange https://www.coinexchange.io/?r=13c25366 fast and secure!
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The Future of Decentralized Financial Services


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April 05, 2018, 10:01:45 PM
 #36717

NEM is still here, though. I just wished I'd picked up two or three instead of one. But back then $30 was what I could afford to lose.
I regret not reserving a stake for a friend or a relative too. Actually at that time there was no point in doing that because they were planning to make a NXT clone, and nobody could expect the final result we are seeing now. Still no news on the silver coins, or they have already abandoned the idea?

DarcMatter   The Future of Decentralized Financial Services   Whitepaper
Token Sale   ANN Thread   Twitter   Telegram
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April 06, 2018, 03:10:44 AM
 #36718

NEM is still here, though. I just wished I'd picked up two or three instead of one. But back then $30 was what I could afford to lose.
I regret not reserving a stake for a friend or a relative too. Actually at that time there was no point in doing that because they were planning to make a NXT clone, and nobody could expect the final result we are seeing now. Still no news on the silver coins, or they have already abandoned the idea?
What's the silver coin idea?
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The OEL Blockchain Ecosystem for Supply Chains


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April 06, 2018, 03:15:50 AM
 #36719

When I was transferring XEM to Poloniex, I wrote the message wrong. I reported the problem to the support department

I don´t want to be a party pooper, but sometimes i ask myself, if there is someone actually there . . . (in my case they hold 25000 USD in XEM of mine, for a very long time. Did only make a withrawel, correct address and all, which never arrived, they even gave me a Transaction-ID, which is NOT on the blockchain) .

Guys, stay away from Poloniex !



I never had problem with poloniex but that was a year ago. I stoped using them since they asked full verification. But i noticed a lots complaining after they did get too many user registerd.

Many people are not happy with the poloniex exchange, they are not solving the issues immediately and people are getting weird about the exchange. Already the Polo lost its credibility in the market.

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April 06, 2018, 07:53:48 AM
 #36720

STOP BUYING XEM!!!
NEM foundation supports Cryptopia for scam. NEM foundation disclaims responsibility, but they have a contract with Cryptopia!!!!

Cryptopia wrote me that my coins was credited to my account. But NO!
This is bad joke!!!!! This deposit was not credited to my account!!!!!!

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Sender: TheQueenIsDead (Cryptopia)
4/3/2018 10:07:21 PM
Hi ducho Your deposit of 1016.63227000 XEM (TxID: 7f3480092e3c130a31e3e6b74d832893bd156686006a8f4fde4f91b38521d45c) has been credited to your account.
Kind regards, Cryptopia Wallets Team
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Foundation can not control exchanges.  I askes Cryptopia to list XEM years ago.

Most likely your problem will be solved.

Your wrong! That's just alibism. Without the exchanges, the XEM is worth for shit! NEM and other currencies needs exchanges. Founders like NEM and exchanges like Cryptopia worsening awareness of cryptocurrencies.
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