lcharles123
Legendary
 Offline
Activity: 1697
Merit: 1074
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April 17, 2015, 06:44:02 PM |
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Question for discussion:
Should exchanges be allowed to harvest?
You can't stop anyone from harvesting. Each account makes it's own decision From what i know from some poloniex mods, their contract prohibits harvesting If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting It's their call no one can stop them. Although I must say I wouldn't do that... If they really do, I hope they're doing it on some separate node, not on the node they use for getting information. So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees. People hate banks for the profits they make off us but I guess it's ok for exchanges. Well, this is a problem. Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok? it is possible attack the network with a significant amount of PoI? |
You have limited power here. -"Bitcoin on Governments"
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klintay
Legendary
Offline
Activity: 1775
Merit: 1032
Value will be measured in sats
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April 17, 2015, 06:59:42 PM |
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@klintay: i guess they only list coins which have a big volume on other exchanges already.
Yeah true but it still worth a shot  |
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punkrock
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April 17, 2015, 07:03:02 PM |
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Question for discussion:
Should exchanges be allowed to harvest?
You can't stop anyone from harvesting. Each account makes it's own decision From what i know from some poloniex mods, their contract prohibits harvesting If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting It's their call no one can stop them. Although I must say I wouldn't do that... If they really do, I hope they're doing it on some separate node, not on the node they use for getting information. So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees. People hate banks for the profits they make off us but I guess it's ok for exchanges. Well, this is a problem. Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok? it is possible attack the network with a significant amount of PoI? It's always a bad idea to leave your crypto's at exchanges for more time than you need to. People should know this. See my signature and you know what I mean. |
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lcharles123
Legendary
Offline
Activity: 1697
Merit: 1074
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April 17, 2015, 07:37:27 PM |
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Question for discussion:
Should exchanges be allowed to harvest?
You can't stop anyone from harvesting. Each account makes it's own decision From what i know from some poloniex mods, their contract prohibits harvesting If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting It's their call no one can stop them. Although I must say I wouldn't do that... If they really do, I hope they're doing it on some separate node, not on the node they use for getting information. So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees. People hate banks for the profits they make off us but I guess it's ok for exchanges. Well, this is a problem. Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok? it is possible attack the network with a significant amount of PoI? It's always a bad idea to leave your crypto's at exchanges for more time than you need to. People should know this. See my signature and you know what I mean. Unfortunately this is a necessary evil. Is have no another marketplace better than Exchanges. I lost that amount in Bter. |
You have limited power here. -"Bitcoin on Governments"
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greentea
Legendary
Offline
Activity: 1418
Merit: 1002
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April 17, 2015, 10:56:25 PM |
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Some questions on the reddit thread of someone wants to answer? http://www.reddit.com/r/OurNEM/comments/32yevb/max_number_of_harvesters_on_server_please_try/Max number of harvesters on server, please try again laterWhat is the max number of harvesters allowed on NEM servers? Also, this is a distributed blockchain platform, so I was surprised to see this message. Is NEM running on a few centrally controlled servers until post BETA where the development team will release the client software package to run on client and node PCs? Or will NEM core always be partly run on local servers? |
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yshin365new
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April 17, 2015, 11:44:42 PM |
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Question for discussion:
Should exchanges be allowed to harvest?
You can't stop anyone from harvesting. Each account makes it's own decision From what i know from some poloniex mods, their contract prohibits harvesting If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting It's their call no one can stop them. Although I must say I wouldn't do that... If they really do, I hope they're doing it on some separate node, not on the node they use for getting information. So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees. People hate banks for the profits they make off us but I guess it's ok for exchanges. Well, this is a problem. Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok? it is possible attack the network with a significant amount of PoI? POI is not in percent but in permyriad. Their POI is not 10.12 percent but 10.12 permyriad. And 10.12 permyriad = 0.1012 percent. |
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DenisZabar
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April 18, 2015, 01:06:43 AM |
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trying to start delegated harvesting but gettingthis error :
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.
I have 300000 XEM in my wallet.
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jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
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April 18, 2015, 01:08:49 AM |
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This is pretty exiting news. Before if a billionaire in Europe wanted to play around with Bitcoin and pick up a million dollars worth he has to buy them on Local Bitcoins or buy through some unregistered exchange in a shifty country. Now that guy can pick up the coin through a fairly recognized and safe channel that speaks his language. T - 10 and counting. |
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jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
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April 18, 2015, 01:10:25 AM |
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trying to start delegated harvesting but gettingthis error :
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.
I have 300000 XEM in my wallet.
You get vested at 10% a day so tomorrow at this time you will have 30,000 vested and can harvest on that. The day after you'll have 57,000 vested and so on. |
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jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
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April 18, 2015, 01:11:28 AM |
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trying to start delegated harvesting but gettingthis error :
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.
I have 300000 XEM in my wallet.
Also, please try to make sure you have the latest update. |
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DenisZabar
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April 18, 2015, 01:14:03 AM |
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trying to start delegated harvesting but gettingthis error :
ERROR 700
The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.
I have 300000 XEM in my wallet.
You get vested at 10% a day so tomorrow at this time you will have 30,000 vested and can harvest on that. The day after you'll have 57,000 vested and so on. Thanks, for now i have 0 wasted. I will wait. |
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yshin365new
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April 18, 2015, 02:18:07 AM |
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NEM is... Never Ending Money.
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klintay
Legendary
Offline
Activity: 1775
Merit: 1032
Value will be measured in sats
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April 18, 2015, 06:03:51 AM |
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Is the NIS down? since the update I can't connect  |
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patmast3r
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April 18, 2015, 06:08:10 AM |
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Question for discussion:
Should exchanges be allowed to harvest?
You can't stop anyone from harvesting. Each account makes it's own decision From what i know from some poloniex mods, their contract prohibits harvesting If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting It's their call no one can stop them. Although I must say I wouldn't do that... If they really do, I hope they're doing it on some separate node, not on the node they use for getting information. So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees. People hate banks for the profits they make off us but I guess it's ok for exchanges. Well, this is a problem. Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok? it is possible attack the network with a significant amount of PoI? It's always a bad idea to leave your crypto's at exchanges for more time than you need to. People should know this. See my signature and you know what I mean. Unfortunately this is a necessary evil. Is have no another marketplace better than Exchanges. I lost that amount in Bter. No it's not a necessary evil. Why would it be necessary for anyone to leave any coin on an exchange ? If you want to sell something deposit the amount you want to sell on an exchange. Keep the rest in your wallet. It's really baffling that people still keep coins on exchanges. How many compromised exchanges does it take for people to learn ? I guess always 1 more. |
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patmast3r
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April 18, 2015, 06:10:55 AM |
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Question for discussion:
Should exchanges be allowed to harvest?
You can't stop anyone from harvesting. Each account makes it's own decision From what i know from some poloniex mods, their contract prohibits harvesting If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting It's their call no one can stop them. Although I must say I wouldn't do that... If they really do, I hope they're doing it on some separate node, not on the node they use for getting information. So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees. People hate banks for the profits they make off us but I guess it's ok for exchanges. Well, this is a problem. Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok? it is possible attack the network with a significant amount of PoI? Of course it's possible to attack the network if you have a higher POI score then the rest of the harvesters combined. I mean I'm not a dev but I don't see why this would be different for POI than for POS, PoW or any other system. |
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klintay
Legendary
Offline
Activity: 1775
Merit: 1032
Value will be measured in sats
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April 18, 2015, 06:14:56 AM |
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NIS status is unknown
dude what is up with this software...
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klintay
Legendary
Offline
Activity: 1775
Merit: 1032
Value will be measured in sats
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April 18, 2015, 06:16:55 AM
Last edit: April 18, 2015, 06:35:50 AM by klintay |
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Question for discussion:
Should exchanges be allowed to harvest?
You can't stop anyone from harvesting. Each account makes it's own decision From what i know from some poloniex mods, their contract prohibits harvesting If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting It's their call no one can stop them. Although I must say I wouldn't do that... If they really do, I hope they're doing it on some separate node, not on the node they use for getting information. So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees. People hate banks for the profits they make off us but I guess it's ok for exchanges. Well, this is a problem. Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok? it is possible attack the network with a significant amount of PoI? It's always a bad idea to leave your crypto's at exchanges for more time than you need to. People should know this. See my signature and you know what I mean. Unfortunately this is a necessary evil. Is have no another marketplace better than Exchanges. I lost that amount in Bter. No it's not a necessary evil. Why would it be necessary for anyone to leave any coin on an exchange ? If you want to sell something deposit the amount you want to sell on an exchange. Keep the rest in your wallet. It's really baffling that people still keep coins on exchanges. How many compromised exchanges does it take for people to learn ? I guess always 1 more. not baffling really when the NEM software stops working all the time. Since this latest upgrade I can't access my wallet anymore Any help please? Even though it says NIS and NIC is running it will not let me open my wallet. The NCC will not work...  |
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Tompa
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April 18, 2015, 06:45:32 AM |
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NIS status is unknown
dude what is up with this software...
Can you please come over to the official forum? It is easier to help there... It could be several things. Have you used delegated harvesting on a remote node perhaps? |
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patmast3r
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April 18, 2015, 07:03:22 AM |
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Question for discussion:
Should exchanges be allowed to harvest?
You can't stop anyone from harvesting. Each account makes it's own decision From what i know from some poloniex mods, their contract prohibits harvesting If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting It's their call no one can stop them. Although I must say I wouldn't do that... If they really do, I hope they're doing it on some separate node, not on the node they use for getting information. So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees. People hate banks for the profits they make off us but I guess it's ok for exchanges. Well, this is a problem. Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok? it is possible attack the network with a significant amount of PoI? It's always a bad idea to leave your crypto's at exchanges for more time than you need to. People should know this. See my signature and you know what I mean. Unfortunately this is a necessary evil. Is have no another marketplace better than Exchanges. I lost that amount in Bter. No it's not a necessary evil. Why would it be necessary for anyone to leave any coin on an exchange ? If you want to sell something deposit the amount you want to sell on an exchange. Keep the rest in your wallet. It's really baffling that people still keep coins on exchanges. How many compromised exchanges does it take for people to learn ? I guess always 1 more. not baffling really when the NEM software stops working all the time. Since this latest upgrade I can't access my wallet anymore Any help please? Even though it says NIS and NIC is running it will not let me open my wallet. The NCC will not work... Any chance you're connected to a remote NIS and that NIS isn't available anymore ? In that case it won't help much if your local NIS is running. Also nice that "it's not working right now for you" is translated into "stops working all the time". Like Toma said though...it'll be easier to help you on the official forum |
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klintay
Legendary
Offline
Activity: 1775
Merit: 1032
Value will be measured in sats
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April 18, 2015, 07:17:28 AM |
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NIS status is unknown
dude what is up with this software...
Can you please come over to the official forum? It is easier to help there... It could be several things. Have you used delegated harvesting on a remote node perhaps? Yep I have delegated harvesting on a remote node...problem is that my wallet wont even open now so I cannot change my settings. |
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