box0211
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March 07, 2015, 06:16:15 AM |
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can u elaborate on whats the difference with nem and nxt?
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DecentralizeEconomics
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March 07, 2015, 08:13:35 AM |
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can u elaborate on whats the difference with nem and nxt?
NXT was started first and had a fair distribution period. Everyone had ~2 months to send some BTC to an address and the most anyone could send was 1 BTC. It was capped at 21 bitcoins, symbolic of the max bitcoin limit of 21 million. There were only 73 people who sent money. NEM was started after NXT was launched and successful. UtopianFuture (aka TaunSew) started NEM because he was jealous at NXT's success. He unsuccessfully attempted to copy NXT's ideology to promote NEM and claimed NEM was an "egalitarian" cryptocurrency. Originally (before UtopianFuture changed the OP), NEM was advertised as a free coin. No one had to pay anything to get a stake. After a while (around a couple weeks), UtopianFuture decided to start charging for stakes. The longer you waited the more expensive a stake cost. During this time as was revealed later, UtopianFuture created a ton of sockpuppet accounts on Bitcointalk so he could claim multiple free stakes. THE RULE IN NEM ACCORDING TO HIM INITIALLY WAS ONE STAKE PER PERSON! UtopianFuture was blatantly lying to people and stealing multiple stakes for himself. Other honest individuals followed the rules and only claimed ONE STAKE because they have morals and aren't lying thieves. Only after UtopianFuture claimed his multitude of stakes did he start charging others for stakes. Supposedly that money went towards development. Personally, I'm highly suspicious of this because UtopianFuture has a track record of lying. Once it came to light that UtopianFuture claimed multiple stakes for himself, supposedly there were several "sockpuppet searches" to find duplicate stakes. Of course, anyone can fool these by using tor or vpns to change their IP. Supposedly, these were done in secret so no cheaters would know how to counteract the search mechanism. Like I really believe UtopianFuture wasn't aware of what they were doing. After all this came out, UtopianFuture supposedly "resigned", but I'm sure he is still active under multiple sock accounts. So basically, UtopianFuture claimed tons of free stakes, charged everyone else for development (he got his development free) and when he was discovered "resigned" and got to sit back on his ass while everyone else did the work. Nothing like lying and tricking people to make money all while pretending to be the savior of the cryptoworld. Also, when others called him out on his actions, he tried to take away their stakes. This is why NEM is a joke and UtopianFuture is a liar and a fraud.
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"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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TaunSew
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March 07, 2015, 10:17:41 AM Last edit: March 07, 2015, 10:38:21 AM by TaunSew |
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can u elaborate on whats the difference with nem and nxt?
NXT was started first and had a fair distribution period. Everyone had ~2 months to send some BTC to an address and the most anyone could send was 1 BTC. It was capped at 21 bitcoins, symbolic of the max bitcoin limit of 21 million. There were only 73 people who sent money. NEM was started after NXT was launched and successful. UtopianFuture (aka TaunSew) started NEM because he was jealous at NXT's success. He unsuccessfully attempted to copy NXT's ideology to promote NEM and claimed NEM was an "egalitarian" cryptocurrency. Originally (before UtopianFuture changed the OP), NEM was advertised as a free coin. No one had to pay anything to get a stake. After a while (around a couple weeks), UtopianFuture decided to start charging for stakes. The longer you waited the more expensive a stake cost. During this time as was revealed later, UtopianFuture created a ton of sockpuppet accounts on Bitcointalk so he could claim multiple free stakes. THE RULE IN NEM ACCORDING TO HIM INITIALLY WAS ONE STAKE PER PERSON! UtopianFuture was blatantly lying to people and stealing multiple stakes for himself. Other honest individuals followed the rules and only claimed ONE STAKE because they have morals and aren't lying thieves. Only after UtopianFuture claimed his multitude of stakes did he start charging others for stakes. Supposedly that money went towards development. Personally, I'm highly suspicious of this because UtopianFuture has a track record of lying. Once it came to light that UtopianFuture claimed multiple stakes for himself, supposedly there were several "sockpuppet searches" to find duplicate stakes. Of course, anyone can fool these by using tor or vpns to change their IP. Supposedly, these were done in secret so no cheaters would know how to counteract the search mechanism. Like I really believe UtopianFuture wasn't aware of what they were doing. After all this came out, UtopianFuture supposedly "resigned", but I'm sure he is still active under multiple sock accounts. So basically, UtopianFuture claimed tons of free stakes, charged everyone else for development (he got his development free) and when he was discovered "resigned" and got to sit back on his ass while everyone else did the work. Nothing like lying and tricking people to make money all while pretending to be the savior of the cryptoworld. Also, when others called him out on his actions, he tried to take away their stakes. This is why NEM is a joke and UtopianFuture is a liar and a fraud. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F4.bp.blogspot.com%2F_E5hsJppYXuE%2FTPprsYkzILI%2FAAAAAAAABZY%2FAhbV-hswgXk%2Fs1600%2Fscoobs.bmp&t=665&c=X6Qy4hMhQCRb5A) He asked for the difference between NEM and NXT. Not your mouth foamed interpretation of an episode you saw on Scooby Doo. "Fair distribution" in crypto currency is usually rhetorical slang for anti-whale. NXT had 8 addresses which received 50 million each and addresses =/= people, so King Beluga Caviar could have the last laugh on us. The NXT equivalent of 50 million to total supply is 200 NEMstakes and I don't think anyone, despite your assertions that I am him, could had slip past that many times during the multiple waves of sock analyses (ran by volunteering third persons). NXT has whales and NEM does not. Besides being anti-whale is only one bulletin point for NEM. The best NEM and NXT comparison would be an analyses between the core features. If NEM was really just a clone then you wouldn't be obsessed about it and CfB wouldn't be gleaming over its' features. https://www.o.info/index.php/How_to_issue_a_cryptosecurity
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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DecentralizeEconomics
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March 07, 2015, 11:08:54 AM Last edit: March 07, 2015, 11:23:56 AM by DecentralizeEconomics |
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can u elaborate on whats the difference with nem and nxt?
NXT was started first and had a fair distribution period. Everyone had ~2 months to send some BTC to an address and the most anyone could send was 1 BTC. It was capped at 21 bitcoins, symbolic of the max bitcoin limit of 21 million. There were only 73 people who sent money. NEM was started after NXT was launched and successful. UtopianFuture (aka TaunSew) started NEM because he was jealous at NXT's success. He unsuccessfully attempted to copy NXT's ideology to promote NEM and claimed NEM was an "egalitarian" cryptocurrency. Originally (before UtopianFuture changed the OP), NEM was advertised as a free coin. No one had to pay anything to get a stake. After a while (around a couple weeks), UtopianFuture decided to start charging for stakes. The longer you waited the more expensive a stake cost. During this time as was revealed later, UtopianFuture created a ton of sockpuppet accounts on Bitcointalk so he could claim multiple free stakes. THE RULE IN NEM ACCORDING TO HIM INITIALLY WAS ONE STAKE PER PERSON! UtopianFuture was blatantly lying to people and stealing multiple stakes for himself. Other honest individuals followed the rules and only claimed ONE STAKE because they have morals and aren't lying thieves. Only after UtopianFuture claimed his multitude of stakes did he start charging others for stakes. Supposedly that money went towards development. Personally, I'm highly suspicious of this because UtopianFuture has a track record of lying. Once it came to light that UtopianFuture claimed multiple stakes for himself, supposedly there were several "sockpuppet searches" to find duplicate stakes. Of course, anyone can fool these by using tor or vpns to change their IP. Supposedly, these were done in secret so no cheaters would know how to counteract the search mechanism. Like I really believe UtopianFuture wasn't aware of what they were doing. After all this came out, UtopianFuture supposedly "resigned", but I'm sure he is still active under multiple sock accounts. So basically, UtopianFuture claimed tons of free stakes, charged everyone else for development (he got his development free) and when he was discovered "resigned" and got to sit back on his ass while everyone else did the work. Nothing like lying and tricking people to make money all while pretending to be the savior of the cryptoworld. Also, when others called him out on his actions, he tried to take away their stakes. This is why NEM is a joke and UtopianFuture is a liar and a fraud. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F4.bp.blogspot.com%2F_E5hsJppYXuE%2FTPprsYkzILI%2FAAAAAAAABZY%2FAhbV-hswgXk%2Fs1600%2Fscoobs.bmp&t=665&c=X6Qy4hMhQCRb5A) He asked for the difference between NEM and NXT. Not your mouth foamed interpretation of an episode you saw on Scooby Doo. "Fair distribution" in crypto currency is usually rhetorical slang for anti-whale. NXT had 8 addresses which received 50 million each and addresses =/= people, so King Beluga Caviar could have the last laugh on us. The NXT equivalent of 50 million to total supply is 200 NEMstakes and I don't think anyone, despite your assertions that I am him, could had slip past that many times during the multiple waves of sock analyses (ran by volunteering third persons). NXT has whales and NEM does not. Besides being anti-whale is only one bulletin point for NEM. The best NEM and NXT comparison would be an analyses between the core features. If NEM was really just a clone then you wouldn't be obsessed about it and CfB wouldn't be gleaming over its' features. https://www.o.info/index.php/How_to_issue_a_cryptosecurityAs far as NXT goes, there was very little interest in it and very few people had the foresight to see NXT as the game changer that it is. I think it is highly unlikely that anyone created sockpuppets to invest in NXT. There were only 73 people who invested. Also, the individuals who invested in NXT weren't proven liars and cheats. BCNext actually did threaten that anyone caught trying to invest over the 1 BTC limit would lose their investment. NEM is one of the biggest scams around thanks to you. It's laughable that you sit there and claim NEM is "anti-whale" when you received an ungodly amount of stakes because you deceived others. Some people actually only attempted to claim one NEM stake because they believed in being honest and actually have morals. You on the other hand took advantage of the honest and fair individuals for your own profit. The investors in NXT got their stake fair and square WITHOUT LYING AND CHEATING. Why should anyone believe the words of a liar, a cheater and a thief? It's been over a year since NEM started and still there is no genesis block. Pathetic. Hopefully, NEM will become worthless so you don't profit anymore off your scam and you aren't rewarded for your lack of character and morals. I inform others about your little scam because I don't like people being lied to and cheated. I read on your overstock link a while back that NEM was COMMUNIST!
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"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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iGotSpots
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March 12, 2015, 11:31:41 PM |
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It's actually grown on me
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nutildah
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March 13, 2015, 12:45:46 AM |
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can u elaborate on whats the difference with nem and nxt?
The big difference is NXT exists and NEM doesn't.
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box0211
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March 13, 2015, 01:08:38 AM |
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i'm curious to having that we all know Erik Voorhees isn't stupid and so is Jeff Garzik.
Why did Garzik say NXT was a scam coin on twitter? Did he have an agenda?
Any intelligent person that has been in this crypto scene for some time will notice NXT is way ahead of the curve thats if they even installed the client that is.
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TaunSew
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March 13, 2015, 01:41:19 AM |
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i'm curious to having that we all know Erik Voorhees isn't stupid and so is Jeff Garzik.
Why did Garzik say NXT was a scam coin on twitter? Did he have an agenda?
Any intelligent person that has been in this crypto scene for some time will notice NXT is way ahead of the curve thats if they even installed the client that is.
NAS coin has a better client. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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Sebastien256
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March 13, 2015, 06:48:13 AM |
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i'm curious to having that we all know Erik Voorhees isn't stupid and so is Jeff Garzik.
Why did Garzik say NXT was a scam coin on twitter? Did he have an agenda?
Any intelligent person that has been in this crypto scene for some time will notice NXT is way ahead of the curve thats if they even installed the client that is.
you dont even need to install the client to realize that... see below my username and enjoy.
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Come-from-Beyond
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March 13, 2015, 06:20:31 PM |
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Why did Garzik say NXT was a scam coin on twitter? Did he have an agenda?
Taking into account that Jeff attacks all innovative platforms (Ethereum being the last known case) I still can't say if he has an agenda. Looks like just a coincidence. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Este Nuno
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March 13, 2015, 07:56:48 PM |
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Why did Garzik say NXT was a scam coin on twitter? Did he have an agenda?
Taking into account that Jeff attacks all innovative platforms (Ethereum being the last known case) I still can't say if he has an agenda. Looks like just a coincidence. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Lots of respect lost from that twitter temper tantrum of his.
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TaunSew
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March 13, 2015, 08:40:40 PM |
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Why did Garzik say NXT was a scam coin on twitter? Did he have an agenda?
Taking into account that Jeff attacks all innovative platforms (Ethereum being the last known case) I still can't say if he has an agenda. Looks like just a coincidence. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Lots of respect lost from that twitter temper tantrum of his. What specifically was CfB referring to? The first link on Google was only about Jeff Garzik saying Ethereum was a bad investment and who would disagree? $18 million IPO + PoW = where is the ROI commensurate with the risk? Until you have a proof of concept, which Bitcoin itself is still struggling with an user adoption of 250,000 after 6 years and alts are doing far worse, there shouldn't be $million dollar IPOs. Of course Jeff Garzik also kind of lives on twitter and I don't want to scroll past 1200 messages to find the one thing CfB was specifically mentioning.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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Come-from-Beyond
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March 13, 2015, 08:44:34 PM |
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What specifically was CfB referring to? The first link on Google was only about Jeff Garzik saying Ethereum was a bad investment and who would disagree? $18 million IPO + PoW = where is the ROI commensurate with the risk? Until you have a proof of concept, which Bitcoin itself is still struggling with an user adoption of 250,000 after 6 years and alts are doing far worse, there shouldn't be $million dollar IPOs.
Of course Jeff Garzik also kind of lives on twitter and I don't want to scroll past 1200 messages to find the one thing CfB was specifically mentioning.
If I recall correctly you had somewhere a lot of Jeff's photos. And yet you don't read all his tweets. What a weird fanclub are you in? PS: Pervert! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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TaunSew
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March 13, 2015, 08:46:25 PM |
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What specifically was CfB referring to? The first link on Google was only about Jeff Garzik saying Ethereum was a bad investment and who would disagree? $18 million IPO + PoW = where is the ROI commensurate with the risk? Until you have a proof of concept, which Bitcoin itself is still struggling with an user adoption of 250,000 after 6 years and alts are doing far worse, there shouldn't be $million dollar IPOs.
Of course Jeff Garzik also kind of lives on twitter and I don't want to scroll past 1200 messages to find the one thing CfB was specifically mentioning.
If I recall correctly you had somewhere a lot of Jeff's photos. And yet you don't read all his tweets. What a weird fanclub are you in? Not sure why you're going into an ad hominem when I wasn't making an argument. Was asking you to provide that link of him going nuts on Ethereum. Otherwise if he said Ethereum sucks as an investment then he did nothing foolish.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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Este Nuno
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amarha
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March 13, 2015, 08:49:17 PM |
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Why did Garzik say NXT was a scam coin on twitter? Did he have an agenda?
He called NXT a scamcoin. Even you of all people still must realize it's not a scamcoin. You disagree with the initial distribution(even though it's much more distributed now anyway), but you still wanted to create the original NEM based off of NXT.
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Come-from-Beyond
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March 13, 2015, 08:52:55 PM |
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Not sure why you're going into an ad hominem when I wasn't making an argument. Was asking you to provide that link of him going nuts on Ethereum. Otherwise if he said Ethereum sucks as an investment then he did nothing foolish.
Ah, sorry. You asked Este Nuno, so I didn't reply. But your statement about tweeter reminded me as I saw you posting 30 photos of Jeff in a row and thought "WTF, does TaunSew faps on Jeff or what". No offense, that thought really came to my mind. PS: https://twitter.com/jgarzik/status/564496432187469824
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box0211
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March 14, 2015, 03:43:05 PM |
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i dont understand whats the point of NEM if everyone is just going to just use NXT and its AE and Marketplace. It's like eBay vs 3rd party ebay. I can't see any serious person jumping ship to another platform if everyone is on the main one especially if all the goods/services are on there already. It's different from btc to other altcoins as its not competing with "products/services" as btc is just a coin. I dont see lighthouse/openbazaar widely adopted since its not tightly integrated with core like how nxt has it.
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bank of bits
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March 15, 2015, 01:54:12 PM |
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People in the beginning got it the cheapest, but nothing different than any other altcoin or bitcoin in the beginning.
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