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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2984060 times)
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From Above
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June 18, 2014, 08:21:40 PM
 #281

and like there platform

ur english is incorrect,  it must be 'their' platform

~CfA~

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Tompa
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June 18, 2014, 08:27:48 PM
 #282


Really looks great! I can hardly wait to finally have it installed and start discovering everything! Good job devs! Kudos!
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June 18, 2014, 08:35:39 PM
 #283

Quote from: Come-from-Above

is this ur alpha client? cant wait to test it Smiley

that reed solomon adress looks really long.  why choose such long adresses?

These are not Reed Solomon addresses.

You can read the details of address generation here:
https://bitcointalk.org/index.php?topic=426303.msg7131353#msg7131353

NemusExMāchinā
Catapult docs: https://docs.symbol.dev
github: https://github.com/symbol
From Above
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June 18, 2014, 08:36:08 PM
 #284

Quote from: Come-from-Above

is this ur alpha client? cant wait to test it Smiley

that reed solomon adress looks really long.  why choose such long adresses?

These are not Reed Solomon addresses.

You can read the details of address generation here:
https://bitcointalk.org/index.php?topic=426303.msg7131353#msg7131353

thank u !

mrvegad
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June 18, 2014, 08:41:21 PM
 #285

Just to be clear, if the unclaimed coins are destroyed then not all of the 4,000,000,000 NEM will be distributed?
   
jenea4pda
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June 18, 2014, 08:41:24 PM
 #286


This is FANTASTIC!!!AMAZING!!!BEAUTIFUL!!!

www.iotatoken.com                      https://twitter.com/iotatoken
Iota is a brand new and novel micro-transaction cryptotoken optimized for the Internet-of-Things (IoT). Unlike the complex and heavy blockchains of Bitcoin and the like, which were designed with other uses in mind, Iota is created to be as lightweight as possible, hence the name "Iota" with emphasis on the ‘IoT’ part.
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June 18, 2014, 08:42:15 PM
 #287

Who is this account?

http://nxtreporting.com/?ac=13254208495541261949

He owns 521 NEMStakes, that doesn't seem fair right? is this UtopianFuture?
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June 18, 2014, 08:46:55 PM
 #288

Who is this account?

http://nxtreporting.com/?ac=13254208495541261949

He owns 521 NEMStakes, that doesn't seem fair right? is this UtopianFuture?

mate this is pat holding unreleased stakes...

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github: https://github.com/symbol
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June 18, 2014, 08:51:42 PM
 #289

Thank you all very much!
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June 18, 2014, 08:56:35 PM
 #290

Who is this account?

http://nxtreporting.com/?ac=13254208495541261949

He owns 521 NEMStakes, that doesn't seem fair right? is this UtopianFuture?

It's where the stakes are being distributed from by one of the main devs





Lol, loving the messages.

"nothing else matters"   - now i want to listen to some metallica.
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June 18, 2014, 09:24:41 PM
 #291

Great, waiting happily for the 25th  Grin

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June 18, 2014, 09:32:30 PM
 #292


This looks awesome!

Oh boys and girls, please fasten your seatbelts and make you ready for the ROCKETLAUNCH of NEM! Smiley
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June 18, 2014, 09:36:40 PM
 #293

The client looks great!!

My 2 NEMs on what to do with the unclaimed stakes:

Use the entire wad for a marketing fund to market the hell out of NEM. Seriously, even hire a professional marketing firm. That is the best bet to get NEM mainstream.
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June 18, 2014, 09:38:22 PM
 #294

yep, pretty sure 5 % share went to developers involved who basically put in 1 bitcoin and recieved 50 million coins,

Everyone was free to deposit 1 BTC. Rules were the same for everyone. (even though there is no evidence BXNext put 1 BTC).

Quote
who then decided to arubtly  close off the auction
whereas only 2 % is going to developers, and the rest has been distributed

The IPO was open for 2 fucking month -- a lot longer than Nem IPO.



No need for cursing. Keep it civil please.

The NXT IPO was closed early and without notice (that is a fact). That shut out a lot of potential investors who were waiting until the last minute to invest. They, understandably, wanted to get as much information as possible before investing. Let's not dwell on this because it is in the past, but it did happen.

NEM - nem.io
Jaguar0625
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June 18, 2014, 09:48:15 PM
 #295



My points are pretty clear,. (...) Nxt was launched just 2 months after IPO and 25% of people never came back to claim their coins. Given much longer delay, this number could be even higher, but lets assume it's 25%



Why do you think 10% plus all the BTC isn't enough for future development? Nxt started with 21 BTC and unclaimed nxt equaled to 10 million ( which is only 1% of total nxt) .


What's wrong with you?


Nothing is wrong with me. Out of 100, 73 came back to claim their stake, so 25%+ never showed up. The second statement is correct too as those 25% had contributed BTC that were worth 1% of Nxt which was about 10 million Nxt. That doesn't change the fact that 25% of people never showed up to claim the coins. Since in Nem every stake is equal, if 25% don't show up that would be 750 million nem



So, if I remember correctly, BCNext and JeanLuc each sent 1 BTC to the NXT IPO and CfB send 0.1 BTC. That equates to 10% of NXT (and this is only including three of the developers). In addition, the 25% of unclaimed NXT stakes were given to the core NXT team as a community fund. In all, that's 35% controlled by the core NXT team, and I think that coin has been successful.

Please let me know if I got anything wrong.

NEM - nem.io
Jaguar0625
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June 18, 2014, 09:50:53 PM
 #296

Distribute the unclaimed stakes among all stakeholders imo.
 This will increase the value of every stake including the devs. Its the only fair way to do it and will (should) make everyone happy.

obvious and easy solution fits everybody

Not really. It just makes the rich richer.

NEM - nem.io
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June 18, 2014, 09:55:06 PM
 #297

The NXT IPO was closed early and without notice (that is a fact). That shut out a lot of potential investors who were waiting until the last minute to invest. They, understandably, wanted to get as much information as possible before investing. Let's not dwell on this because it is in the past, but it did happen.

Lesson: don't wait till last minute to invest.  IPO was closed on Nov 18 (after 2 months -- but yes it was sudden announcement) and Nxt was officially launched on Nov 24

Nomi, Shan, Adnan, Noshi, Nxt, Adn Khn
NXT-GZYP-FMRT-FQ9K-3YQGS
https://github.com/Lafihh/encryptiontest
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June 18, 2014, 09:55:27 PM
 #298

Hi I have a stake in NEM but have not "claimed" it nor have I traded it on the NXT AE.

How do you do all of this....

Can an easy on point thread be made for this?

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
Eadeqa
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June 18, 2014, 10:01:18 PM
 #299


So, if I remember correctly, BCNext and JeanLuc each sent 1 BTC to the NXT IPO and CfB send 0.1 BTC. That equates to 10% of NXT (and this is only including three of the developers). In addition, the 25% of unclaimed NXT stakes were given to the core NXT team as a community fund. In all, that's 35% controlled by the core NXT team, and I think that coin has been successful.

Please let me know if I got anything wrong.

There is no evidence that BCNext sent anything one way or the other. I don't really know how much JeanLuc sent, but JeanLuc was a total clueless about Nxt (you can read his early posts in original IPO).  He was not the developer or involved in any way with the project. He was just an ordinary investor at that time.


Nomi, Shan, Adnan, Noshi, Nxt, Adn Khn
NXT-GZYP-FMRT-FQ9K-3YQGS
https://github.com/Lafihh/encryptiontest
Eadeqa
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June 18, 2014, 10:02:23 PM
 #300

Can an easy on point thread be made for this?

Nem is not yet launched so there is no claim right now. You will know it when that happens

Nomi, Shan, Adnan, Noshi, Nxt, Adn Khn
NXT-GZYP-FMRT-FQ9K-3YQGS
https://github.com/Lafihh/encryptiontest
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