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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2180731 times)
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TaunSew
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June 24, 2014, 01:09:28 PM
 #861

1 day before alpha, and NEM is already #11 in marketcap! Smiley

#10 or 11 on coinmarketcap.  Almost past Blackcoin. 

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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kodtycoon
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June 24, 2014, 01:21:40 PM
 #862

@ARG

1/1000 I think would make it a pain come distribution! That would be 10,000 potential holders of mininemstake! I was thinking 10 full stakes divisable by 100 so I could just issue 1000 mini nem stakes each representing 10k nem and sold at market price of main market or on a price ladder with ~40% in a sell order at market price and the rest climbing in small increments!

You also couldn't expect someone to sell their own stakes and plus who has enough to do such a thing so it would have to backed by auction stakes or something!



I don't think anyone will care about not being in genesis block!

@devs

Is this something you would be willing to back?

"Pioneering a revolutionary novel consensus mechanism called proof of importance."
Kora
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June 24, 2014, 01:28:01 PM
 #863

I don't buy from anonymous developers who name themselves after a coin.  So Kora is out for me.

As well many coins have copied NEM's distribution model and failed to drum up interest.  NEM isn't some Communist or freebie coin.  NEM is an initiation to a new economic movement.

No need to buy Kora! Are you spreading FUD? You have given me little choice but to post in the NEM thread to counter your 'error'.

NEM followers can get the facts on Kora here - https://bitcointalk.org/index.php?topic=620518.0

Kora stakes are 100% free!

Kora will be 100% funded using developer stakes, plus some personal funding out of my own pocket!

Kora is IPO free! We will receive ZERO funds from our stakeholders!

Kora distribution webapp has been planned & designed over the last month, and opens in a few hours!

We used NEM as a guide - NEM had some good points, and some bad points - we have improved on NEM distribution method IMO.


- distribution is free
- sockpuppets are banned, no confusion!
- account activity test
- email verification
- a few extras steps yet to be revealed

NEM supporters will like Kora!


kodtycoon
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June 24, 2014, 01:34:37 PM
 #864

Hi Kora,

 I'm interested to hear what the bad points are and if you are correct we could try to mend the issues if possible!

Kod

"Pioneering a revolutionary novel consensus mechanism called proof of importance."
Kora
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June 24, 2014, 01:35:36 PM
 #865


Wow. 5% goes to webapp registration dev. UP should have 5% if only he did not disappear  Grin

UP was not a dev and wrote zero lines of code. He did however do many good things,and some bad ones too!

5% to the Kora webapp registration dev is fair. That's the equivalent stake to a full bitcoin sender from NXT IPO. First to join something new & untested takes the biggest risk, so they deserve a larger stake. The webapp dev has contributed a lot more than just code.

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June 24, 2014, 01:36:34 PM
 #866

I don't buy from anonymous developers who name themselves after a coin.  So Kora is out for me.

As well many coins have copied NEM's distribution model and failed to drum up interest.  NEM isn't some Communist or freebie coin.  NEM is an initiation to a new economic movement.


No need to buy Kora! Are you spreading FUD? You have given me little choice but to post in the NEM thread to counter your 'error'.

NEM followers can get the facts on Kora here - https://bitcointalk.org/index.php?topic=620518.0

Kora stakes are 100% free!

Kora will be 100% funded using developer stakes, plus some personal funding out of my own pocket!

Kora is IPO free! We will receive ZERO funds from our stakeholders!

Kora distribution webapp has been planned & designed over the last month, and opens in a few hours!

We used NEM as a guide - NEM had some good points, and some bad points - we have improved on NEM distribution method IMO.


- distribution is free
- sockpuppets are banned, no confusion!
- account activity test
- email verification
- a few extras steps yet to be revealed

NEM supporters will like Kora!


No FUD.  I'll participate when I can get my papers.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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June 24, 2014, 01:39:53 PM
 #867


Wow. 5% goes to webapp registration dev. UP should have 5% if only he did not disappear  Grin

UP was not a dev and wrote zero lines of code. He did however do many good things,and some bad ones too!

5% to the Kora webapp registration dev is fair. That's the equivalent stake to a full bitcoin sender from NXT IPO. First to join something new & untested takes the biggest risk, so they deserve a larger stake. The webapp dev has contributed a lot more than just code.

Well he did the whole distribution. Doesn't need to write fancy codes to do distribution well. Need to be smart and know what it is about though.

A freedom fighter. Stop all your bull shit !
Kora
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June 24, 2014, 01:44:21 PM
 #868

Hi Kora,

 I'm interested to hear what the bad points are and if you are correct we could try to mend the issues if possible!

Kod

I think NEM should focus on the future, it is very bright, and I am a big supporter of NEM Smiley

NEM creation & distribution were 'organic', and many aspects of distribution were designed 'on the run' so there was some confusion over policy & rules at the start, and much effort to track down sockpuppets. It all ended up OK, and as the first to attempt such a distribution, it was an admirable effort.

In retrospect I think asking for any stakeholder payment was a mistake, and I personally think UP is probably relieved to not have the problem of being responsible for an "illegal share issue" now that he has retired.

NEM has more good points than bad points.

boestin
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June 24, 2014, 01:44:59 PM
 #869

Stakes are very good priced at the moment  Roll Eyes
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June 24, 2014, 01:50:18 PM
 #870

Hi Kora,

 I'm interested to hear what the bad points are and if you are correct we could try to mend the issues if possible!

Kod

I think NEM should focus on the future, it is very bright, and I am a big supporter of NEM Smiley

NEM creation & distribution were 'organic', and many aspects of distribution were designed 'on the run' so there was some confusion over policy & rules at the start, and much effort to track down sockpuppets. It all ended up OK, and as the first to attempt such a distribution, it was an admirable effort.

In retrospect I think asking for any stakeholder payment was a mistake, and I personally think UP is probably relieved to not have the problem of being responsible for an "illegal share issue" now that he has retired.

NEM has more good points than bad points.

No illegal shares. NEM is a voluntary association, not an IPO. People can get their donation to the movement back at any time (unless they cashed out on the NXT AE).

NeverEnoughMakoto XEM: NDMAKOTODH4OXMQCAGZWWPVLRUVOCLXXKOSKFUJA/
makoto1337
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June 24, 2014, 01:53:22 PM
 #871

Guys, the alpha is almost here.

And...

I just want to say one thing:

TDMAKOTEWZNTXYDSCYKAVGRHFSE6K33BSUATKQBT

NeverEnoughMakoto XEM: NDMAKOTODH4OXMQCAGZWWPVLRUVOCLXXKOSKFUJA/
ARGpentem
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June 24, 2014, 01:55:56 PM
 #872

Hi Kora,

 I'm interested to hear what the bad points are and if you are correct we could try to mend the issues if possible!

Kod

I think NEM should focus on the future, it is very bright, and I am a big supporter of NEM Smiley

NEM creation & distribution were 'organic', and many aspects of distribution were designed 'on the run' so there was some confusion over policy & rules at the start, and much effort to track down sockpuppets. It all ended up OK, and as the first to attempt such a distribution, it was an admirable effort.

In retrospect I think asking for any stakeholder payment was a mistake, and I personally think UP is probably relieved to not have the problem of being responsible for an "illegal share issue" now that he has retired.

NEM has more good points than bad points.

No illegal shares. NEM is a voluntary association, not an IPO. People can get their donation to the movement back at any time (unless they cashed out on the NXT AE).

It is more like donation/ fee to join "association" than IPO. I read these in the fundraising page " the fund raising terms are subject to changes upon the discretion of the development team"; "No contractual promise is made to anyone". It is not going to be held as an IPO in any court given these terms because the basis of an IPO is a legal contract to sell something definite.   

A freedom fighter. Stop all your bull shit !
ARGpentem
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June 24, 2014, 01:58:28 PM
 #873

Guys, the alpha is almost here.

And...

I just want to say one thing:

TDMAKOTEWZNTXYDSCYKAVGRHFSE6K33BSUATKQBT

Nice. Can I have one like TD-ARG etc. ?

A freedom fighter. Stop all your bull shit !
makoto1337
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June 24, 2014, 02:04:32 PM
 #874

Guys, the alpha is almost here.

And...

I just want to say one thing:

TDMAKOTEWZNTXYDSCYKAVGRHFSE6K33BSUATKQBT

Nice. Can I have one like TD-ARG etc. ?

Should be possible to mine that username.

I should start a service to mine usernames Cheesy

NeverEnoughMakoto XEM: NDMAKOTODH4OXMQCAGZWWPVLRUVOCLXXKOSKFUJA/
Deutsche-Hantelbank
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June 24, 2014, 02:05:51 PM
 #875

Guys, the alpha is almost here.

And...

I just want to say one thing:

TDMAKOTEWZNTXYDSCYKAVGRHFSE6K33BSUATKQBT

Nice. Can I have one like TD-ARG etc. ?

yes there was a vanity address generator a few pages back but it was down due to a bug. Does anyone know if its going to be back up soon?

edit:
found it but still not working

http://owon.github.io/nemaddress/

ARGpentem
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June 24, 2014, 02:06:27 PM
 #876

Guys, the alpha is almost here.

And...

I just want to say one thing:

TDMAKOTEWZNTXYDSCYKAVGRHFSE6K33BSUATKQBT

Nice. Can I have one like TD-ARG etc. ?

Should be possible to mine that username.

I should start a service to mine usernames Cheesy

Please do  Grin but better to make a tool that everyone can use. Because if you mine one address for me, you also have the private key of that address.

A freedom fighter. Stop all your bull shit !
kodtycoon
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June 24, 2014, 02:07:53 PM
 #877

Guys, the alpha is almost here.

And...

I just want to say one thing:

TDMAKOTEWZNTXYDSCYKAVGRHFSE6K33BSUATKQBT

Nice. Can I have one like TD-ARG etc. ?

Should be possible to mine that username.

I should start a service to mine usernames Cheesy

could you mine one that contains something similar to kodtycoon? Smiley

"Pioneering a revolutionary novel consensus mechanism called proof of importance."
TaunSew
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June 24, 2014, 02:08:42 PM
 #878

Securities are a serious thing.  Ethereum has been having legal problems as it's based in Ontario (IIRC) and they have very strict laws when it comes to securities, crowd funding, et al.

The law is such is that coin developers have to remain anonymous, unless it's Ripple style premine. No legal issues in selling magical coins but the law comes down hard when it resembles securities and funding.


There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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June 24, 2014, 02:13:57 PM
 #879

I don't think anyone will care about not being in genesis block!

There's implication of this... accounts inside nemesis block are fully vested...

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June 24, 2014, 02:18:02 PM
 #880

Are buyers of nemstake (bignem) included in the nemesis block ? I read about two weeks delays for those.

Yes, there is a 2 week delay after genesis, so that we can handle the logistics of distributing NEMstake.


Correction: most likely buyers of nemstakes on nxt ae WILL be included in nemesis (that's still being discussed)

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