NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[randombit]

I think it's a good idea to distribute the silver/gold funds to the original stake holders we've waited long enough for them. we could use it to start up supernodes. I definately would start one. We were here from the beginning testing and trying out the kinks on the early versions. We're not goin nowhere
I along with other true believers want to see XEM (our NEM) succeed. So Let start a conversation about silver/gold funds be distributed to the original stake holders at least to those who can still pvovide their tokens. Thanks DEVS for the great work. Keep strong nembers

I really don't see why original stakeholders should be pandered to in any way whatsoever. They've either blown it or reaped the rewards already. It would make NEM look like a closed shop to benefit a small inner circle. It would be like Satoshi handing out his stash to the handful of cpu miners while everyone else looks on in disgust.

 If there is a gesture to be made with those funds then it should be an inclusive one.

Its a hard one, the funds were put aside for all the original stakeholders.
Thats what the silver coins were intended  for.

As others mention, its a waste of funds to share it around all those accounts, when many are dead.
Perhaps a more fair way would be to lower the amount of XEM needed to run a supernode to the original amount of 1 stake of XEM and then put that fund into the pool of funds for supernode rewards?

I am not running a supernode.
But I am against the heavy lowering the amount of XEM needed to run a supernode, it will cause the dumping (3 million minus newly adjusted) XEM and lowering the price of XEM.
Even if the amount of XEM needed to run a supernode shoule be lowered, it should be done little by little slowly/gradually reflecting tho rising of XEM price.

P.S.) At any rate, i believe the amount of XEM needed to run a supernode will be lowered gradually according to the rising of XEM price.
 Because supernode program is not an everlasting program, if it stops abruptly at a certain time, it will cause a big dumping XEM.
So, the best way is gradual lowering the amount of XEM needed to run a supernode.

I agree yshin, whats important is to make sure that enough supernodes are still active even with higher XEM prices, its possible that some current supernode supporter will leave if they could make a million with one click. So, making sure that the System will stay strong and maybe stronger  when time pass is to lower barriers, and wasnt that the original tought of NEM? A Fair distributed System for all partipicants, and not another one for very few persons.

@nzminer your suggestion is rewarding existing supernodes more than other user/  ,  i dont see any barrier how to distribute silvercoins,  1 method could be sending a persmission asset to all original Stakeholders adresses, if the stakholder sends back the permission asset he or she will recieve a silvercoin asset, this could be also an automatic progress,  dont see any barriers for that.  OR just splitt the community Fund and send another amound of NEM instead of silvercoin, could be voted.  

Right now the community Fund holds a total percentage of 31% of NEM which means approx. 3Billion XEM! Splitted in following..

NIS NODE REWARDS 9%
SILVERCOIN DISTRIBUTION 9%
COMMUNITY FUND 13%

That means a total of approx 900million of XEM had been safed as Silvercoin Asset Distribution, and that was a consens from Beginning! And should be distributed to all Stakeholders! How and when had to be discussed instead to try changing the rules.

EDIT: Unclaimed approx. 200m XEM/silvercoins could be used for supernode programm or splitted to claimed accounts.

[lordoliver]

I think it's a good idea to distribute the silver/gold funds to the original stake holders we've waited long enough for them. we could use it to start up supernodes. I definately would start one. We were here from the beginning testing and trying out the kinks on the early versions. We're not goin nowhere
I along with other true believers want to see XEM (our NEM) succeed. So Let start a conversation about silver/gold funds be distributed to the original stake holders at least to those who can still pvovide their tokens. Thanks DEVS for the great work. Keep strong nembers

I really don't see why original stakeholders should be pandered to in any way whatsoever. They've either blown it or reaped the rewards already. It would make NEM look like a closed shop to benefit a small inner circle. It would be like Satoshi handing out his stash to the handful of cpu miners while everyone else looks on in disgust.

 If there is a gesture to be made with those funds then it should be an inclusive one.

Its a hard one, the funds were put aside for all the original stakeholders.
Thats what the silver coins were intended  for.

As others mention, its a waste of funds to share it around all those accounts, when many are dead.
Perhaps a more fair way would be to lower the amount of XEM needed to run a supernode to the original amount of 1 stake of XEM and then put that fund into the pool of funds for supernode rewards?

I am not running a supernode.
But I am against the heavy lowering the amount of XEM needed to run a supernode, it will cause the dumping (3 million minus newly adjusted) XEM and lowering the price of XEM.
Even if the amount of XEM needed to run a supernode shoule be lowered, it should be done little by little slowly/gradually reflecting tho rising of XEM price.

P.S.) At any rate, i believe the amount of XEM needed to run a supernode will be lowered gradually according to the rising of XEM price.
 Because supernode program is not an everlasting program, if it stops abruptly at a certain time, it will cause a big dumping XEM.
So, the best way is gradual lowering the amount of XEM needed to run a supernode.

I agree yshin, whats important is to make sure that enough supernodes are still active even with higher XEM prices, its possible that some current supernode supporter will leave if they could make a million with one click. So, making sure that the System will stay strong and maybe stronger  when time pass is to lower barriers, and wasnt that the original tought of NEM? A Fair distributed System for all partipicants, and not another one for very few persons.

@nzminer your suggestion is rewarding existing supernodes more than other user/  ,  i dont see any barrier how to distribute silvercoins,  1 method could be sending a persmission asset to all original Stakeholders adresses, if the stakholder sends back the permission asset he or she will recieve a silvercoin asset, this could be also an automatic progress,  dont see any barriers for that.  OR just splitt the community Fund and send another amound of NEM instead of silvercoin, could be voted.  

Right now the community Fund holds a total percentage of 31% of NEM which means approx. 3Billion XEM! Splitted in following..

NIS NODE REWARDS 9%
SILVERCOIN DISTRIBUTION 9%
COMMUNITY FUND 13%

That means a total of approx 900million of XEM had been safed as Silvercoin Asset Distribution, and that was a consens from Beginning! And should be distributed to all Stakeholders! How and when had to be discussed instead to try changing the rules.

EDIT: Unclaimed approx. 200m XEM/silvercoins could be used for supernode programm or splitted to claimed accounts.

The coins could be delivered to the current stakeholders instead. And everyone gets silver coins for each 2250000 xem (one original stake).
But I don't know if its fair because it was promised to original stakeholders only...

[Alohaboy?!]

I think it's a good idea to distribute the silver/gold funds to the original stake holders we've waited long enough for them. we could use it to start up supernodes. I definately would start one. We were here from the beginning testing and trying out the kinks on the early versions. We're not goin nowhere
I along with other true believers want to see XEM (our NEM) succeed. So Let start a conversation about silver/gold funds be distributed to the original stake holders at least to those who can still pvovide their tokens. Thanks DEVS for the great work. Keep strong nembers

I really don't see why original stakeholders should be pandered to in any way whatsoever. They've either blown it or reaped the rewards already. It would make NEM look like a closed shop to benefit a small inner circle. It would be like Satoshi handing out his stash to the handful of cpu miners while everyone else looks on in disgust.

 If there is a gesture to be made with those funds then it should be an inclusive one.

Its a hard one, the funds were put aside for all the original stakeholders.
Thats what the silver coins were intended  for.

As others mention, its a waste of funds to share it around all those accounts, when many are dead.
Perhaps a more fair way would be to lower the amount of XEM needed to run a supernode to the original amount of 1 stake of XEM and then put that fund into the pool of funds for supernode rewards?

I am not running a supernode.
But I am against the heavy lowering the amount of XEM needed to run a supernode, it will cause the dumping (3 million minus newly adjusted) XEM and lowering the price of XEM.
Even if the amount of XEM needed to run a supernode shoule be lowered, it should be done little by little slowly/gradually reflecting tho rising of XEM price.

P.S.) At any rate, i believe the amount of XEM needed to run a supernode will be lowered gradually according to the rising of XEM price.
 Because supernode program is not an everlasting program, if it stops abruptly at a certain time, it will cause a big dumping XEM.
So, the best way is gradual lowering the amount of XEM needed to run a supernode.

I agree yshin, whats important is to make sure that enough supernodes are still active even with higher XEM prices, its possible that some current supernode supporter will leave if they could make a million with one click. So, making sure that the System will stay strong and maybe stronger  when time pass is to lower barriers, and wasnt that the original tought of NEM? A Fair distributed System for all partipicants, and not another one for very few persons.

@nzminer your suggestion is rewarding existing supernodes more than other user/  ,  i dont see any barrier how to distribute silvercoins,  1 method could be sending a persmission asset to all original Stakeholders adresses, if the stakholder sends back the permission asset he or she will recieve a silvercoin asset, this could be also an automatic progress,  dont see any barriers for that.  OR just splitt the community Fund and send another amound of NEM instead of silvercoin, could be voted.  

Right now the community Fund holds a total percentage of 31% of NEM which means approx. 3Billion XEM! Splitted in following..

NIS NODE REWARDS 9%
SILVERCOIN DISTRIBUTION 9%
COMMUNITY FUND 13%

That means a total of approx 900million of XEM had been safed as Silvercoin Asset Distribution, and that was a consens from Beginning! And should be distributed to all Stakeholders! How and when had to be discussed instead to try changing the rules.

EDIT: Unclaimed approx. 200m XEM/silvercoins could be used for supernode programm or splitted to claimed accounts.

The coins could be delivered to the current stakeholders instead. And everyone gets silver coins for each 2250000 xem (one original stake).
But I don't know if its fair because it was promised to original stakeholders only...

that would make it possible to buy xem just to earn a silver coin and they could dump right after

[Spider]

that would make it possible to buy xem just to earn a silver coin and they could dump right after

Would you risk investing 20k$ just to get a coin worth ~100$? 

[randombit]

Iam sorry, ive calculated with the total amount of XEM that was wrong,  the Substainability Fund is filled "only" with approx. 30% of the total XEM amount. Silvercoin Fund is less than ive calculated. Its 211,885,227.63 XEM how the statistic shows.

Anyway, we should find a solution how to handle this neverending silvercoin Theme.  

[DIMKAZDS]

This topic became boring

I am a original stakeholder too, and i am against that silvercoin fund distributed between all/original stakeholders/non original stakeholders/anybody else.

send that coins to genesis acc and let's finally forget about them.

[randombit]

This topic became boring

I am a original stakeholder too, and i am against that silvercoin fund distributed between all/original stakeholders/non original stakeholders/anybody else.

send that coins to genesis acc and let's finally forget about them.

Don`t forget NEM is a serious project now, you cant change any terms without to exclude any legal aspect. By now, nem has still a prolem with original stakeholders which missed the distribution process. Changing one of the terms could harm NEM.

[pabloangello]

This topic became boring

I am a original stakeholder too, and i am against that silvercoin fund distributed between all/original stakeholders/non original stakeholders/anybody else.

send that coins to genesis acc and let's finally forget about them.

Don`t forget NEM is a serious project now, you cant change any terms without to exclude any legal aspect. By now, nem has still a prolem with original stakeholders which missed the distribution process. Changing one of the terms could harm NEM.

You both are right. Missed stakes should be treated as missed coins/money. If coins will be 'burned' then all XEMs will automatically gain value because there will be less XEMs on the market, so every XEM holder is on plus then. In case of 'distribution between stakeholders', people will have free opportunity to dump it on the market and gain 'free money'.
In first case all XEMs will gain on value, in second case only some of XEM holders will gain...

[nzminer]

... I think it's a good idea to distribute the silver/gold funds to the original stake holders we've waited long enough for them ....

I really don't see why original stakeholders should be pandered to in any way whatsoever. They've either blown it or reaped the rewards already. It would make NEM look like a closed shop to benefit a small inner circle. ...

Because when everyone else was laughing at NEM, we stood by.

Everyone had a chance to become an original stake holder, some even got in for free.

Besides those funds were voted on by the community at the time and everyone agreed to hold on to them in a community fund. We all threw BTC at NEM with the intention of having the original funds shared amongst the original investors, this is not a charity.

Now what each individual original stake holder decides to do with their share, is completely up to them.

Also, just because they are not vocal in the closed community that is BTCtalk does not mean those original stakeholders do not exist. Many of them just left it as a forgotten investment and are waiting news from the members who acted as their representatives on NEM ICO.

Yep. Well said, LemonAndFriesOne. I am one of the original stakeholders and I am still here. Waiting patiently. Watching NEM grows and following the news regularly. Since day 1. Do you realize how long ago that was? I'm here for long-term investments. Please, do not disregard the stakeholders that truly believe in NEM and have supported all these years.

Same here, I was here from day one, I bought my stake on the NXT asset exchange when they were listed. Boy it seems just like yesterday! lol

[instacalm]

... I think it's a good idea to distribute the silver/gold funds to the original stake holders we've waited long enough for them ....

I really don't see why original stakeholders should be pandered to in any way whatsoever. They've either blown it or reaped the rewards already. It would make NEM look like a closed shop to benefit a small inner circle. ...

Because when everyone else was laughing at NEM, we stood by.

Everyone had a chance to become an original stake holder, some even got in for free.

Besides those funds were voted on by the community at the time and everyone agreed to hold on to them in a community fund. We all threw BTC at NEM with the intention of having the original funds shared amongst the original investors, this is not a charity.

Now what each individual original stake holder decides to do with their share, is completely up to them.

Also, just because they are not vocal in the closed community that is BTCtalk does not mean those original stakeholders do not exist. Many of them just left it as a forgotten investment and are waiting news from the members who acted as their representatives on NEM ICO.

Yep. Well said, LemonAndFriesOne. I am one of the original stakeholders and I am still here. Waiting patiently. Watching NEM grows and following the news regularly. Since day 1. Do you realize how long ago that was? I'm here for long-term investments. Please, do not disregard the stakeholders that truly believe in NEM and have supported all these years.

Same here, I was here from day one, I bought my stake on the NXT asset exchange when they were listed. Boy it seems just like yesterday! lol

I posted "interested" in a thread made by utopianfuture when the very idea of NEM was born -- that's how I got my stack. I agree, it seems like it just happened. NEM has gone very far since its birth and it seems to be doing well. A big thanks to the developers who maintain and nurture the core of the movement!

[nzminer]

I posted "interested" in a thread made by utopianfuture when the very idea of NEM was born -- that's how I got my stack. I agree, it seems like it just happened. NEM has gone very far since its birth and it seems to be doing well. A big thanks to the developers who maintain and nurture the core of the movement!

lol, you even got a better deal than me!
For anyone to say that XEM was not distributed fairly has been seriously mislead!

This topic became boring

I am a original stakeholder too, and i am against that silvercoin fund distributed between all/original stakeholders/non original stakeholders/anybody else.

send that coins to genesis acc and let's finally forget about them.

Don`t forget NEM is a serious project now, you cant change any terms without to exclude any legal aspect. By now, nem has still a prolem with original stakeholders which missed the distribution process. Changing one of the terms could harm NEM.

You both are right. Missed stakes should be treated as missed coins/money. If coins will be 'burned' then all XEMs will automatically gain value because there will be less XEMs on the market, so every XEM holder is on plus then. In case of 'distribution between stakeholders', people will have free opportunity to dump it on the market and gain 'free money'.
In first case all XEMs will gain on value, in second case only some of XEM holders will gain...

Im not against "burning" all the XEM from the missed stakes either.
Question is what to do with the silver coin fund? I think a community vote should make it fair decision.

[rockethead]

What to do with the silver portion is another topic of discussion, but burning away will not make any significant difference to the value of XEM in the long term for sure.

If we look at an optimistic long term value of 15c, that 200m is only a drop in the ocean. Won't make any difference that will make it go down by even 20%. If it does, blame it on market volatility.

And by the time it reaches 15c many of you will be quite rich, especially those who believe in this project and have been patiently collecting. They deserve it anyway. Likewise, for those who are working hard to put value in the project.

[n3lz0n]

we BULLieve

[howi53]

What to do with the silver portion is another topic of discussion, but burning away will not make any significant difference to the value of XEM in the long term for sure.

If we look at an optimistic long term value of 15c, that 200m is only a drop in the ocean. Won't make any difference that will make it go down by even 20%. If it does, blame it on market volatility.

And by the time it reaches 15c many of you will be quite rich, especially those who believe in this project and have been patiently collecting. They deserve it anyway. Likewise, for those who are working hard to put value in the project.

As far as I know, silver coins were planned for early adopters. It's ok buy why not giving the coins an additional marketing function and sell it outside the NEM-circle to achieve more publicity for NEM.
(my idea: 1ounce .999 silver, 24k goldplated, for stakeholders, limited and unplated silver version for public sales???)
other marketing silver coin ideas welcome

[nzminer]

What to do with the silver portion is another topic of discussion, but burning away will not make any significant difference to the value of XEM in the long term for sure.

If we look at an optimistic long term value of 15c, that 200m is only a drop in the ocean. Won't make any difference that will make it go down by even 20%. If it does, blame it on market volatility.

And by the time it reaches 15c many of you will be quite rich, especially those who believe in this project and have been patiently collecting. They deserve it anyway. Likewise, for those who are working hard to put value in the project.

As far as I know, silver coins were planned for early adopters. It's ok buy why not giving the coins an additional marketing function and sell it outside the NEM-circle to achieve more publicity for NEM.
(my idea: 1ounce .999 silver, 24k goldplated, for stakeholders, limited and unplated silver version for public sales???)
other marketing silver coin ideas welcome

Perhaps make them redeemable to all the original stakeholders first, and once the deadline finishes, make the unclaimed ones available to others new to XEM?

Would need to give a decent redemption period to avoid controversy.

[targetmlrd]

Market manager actively lowers the price XEM, this is done intentionally, as I understand MM has not yet received sufficient quantitative XEM him at reasonable price, so we can see the price drop from 700 to below 600

[Sh1n]

.........

As far as I know, silver coins were planned for early adopters. It's ok buy why not giving the coins an additional marketing function and sell it outside the NEM-circle to achieve more publicity for NEM.
(my idea: 1ounce .999 silver, 24k goldplated, for stakeholders, limited and unplated silver version for public sales???)
other marketing silver coin ideas welcome

Perhaps make them redeemable to all the original stakeholders first, and once the deadline finishes, make the unclaimed ones available to others new to XEM?

Would need to give a decent redemption period to avoid controversy.

I agree with nzminer and howl53. A decent redemption process and period targeting a wider audience would seem to be a good way to go.
But that's my opinion. I don't really care that much about the original stakeholders being at the top of the priority list for the silver coins.

[rockethead]

Market manager actively lowers the price XEM, this is done intentionally, as I understand MM has not yet received sufficient quantitative XEM him at reasonable price, so we can see the price drop from 700 to below 600

XEM quantity was intentionally fixed at 9B, high enough as a damper against market manipulation. Having said that, we cannot stop some giant whale from dominating.

But because the distribution of xem can be quite well spread, there may be more whales in the market that work independently. Hopefully this neutralises any manipulation.

In the end, the best remedy is in the action itself, i.e. developing the best blockchain in the  crypto space.

NEM is still one of a couple of blockchain tech platforms in the top 10 market cap, and perhaps the only one that works and works well.

[yoohoo309]

... I think it's a good idea to distribute the silver/gold funds to the original stake holders we've waited long enough for them ....

I really don't see why original stakeholders should be pandered to in any way whatsoever. They've either blown it or reaped the rewards already. It would make NEM look like a closed shop to benefit a small inner circle. ...

Because when everyone else was laughing at NEM, we stood by.

Everyone had a chance to become an original stake holder, some even got in for free.

Besides those funds were voted on by the community at the time and everyone agreed to hold on to them in a community fund. We all threw BTC at NEM with the intention of having the original funds shared amongst the original investors, this is not a charity.

Now what each individual original stake holder decides to do with their share, is completely up to them.

Also, just because they are not vocal in the closed community that is BTCtalk does not mean those original stakeholders do not exist. Many of them just left it as a forgotten investment and are waiting news from the members who acted as their representatives on NEM ICO.

Yep. Well said, LemonAndFriesOne. I am one of the original stakeholders and I am still here. Waiting patiently. Watching NEM grows and following the news regularly. Since day 1. Do you realize how long ago that was? I'm here for long-term investments. Please, do not disregard the stakeholders that truly believe in NEM and have supported all these years.

Same here, I was here from day one, I bought my stake on the NXT asset exchange when they were listed. Boy it seems just like yesterday! lol

I posted "interested" in a thread made by utopianfuture when the very idea of NEM was born -- that's how I got my stack. I agree, it seems like it just happened. NEM has gone very far since its birth and it seems to be doing well. A big thanks to the developers who maintain and nurture the core of the movement!

an inquisitive nature of a man urge him to explore him new to new even from his birth.

[4emily]

What does 'deprecated' mean, as used in the following wording taken from https://www.nem.io/install.html:

NCC/NIS Installer (Deprecated)

The original NCC/NIS Installer. We suggest using Nanowallet, or NCC/NIS Standalone instead.

And why are the Nanowallet and NCC/NIS Standalone considered to better alternatives to the original NCC/NIS Installer?

Thanks in advance for any replies