Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
Jaguar0625
on 10/02/2014, 00:21:09 UTC
Would POI not further encourage hoarding ?

If a node is more important if it has had more NEMs for a longer amount of time then everyone will try to keep their NEMs at one place right ?

The key part of the POI summary is this: "Forging power is a factor of a node’s weight and the NEM transfers that link it to other nodes". So, a node that actively engages in transactions will be more important that one that doesn't.

Also - Will Server nodes be more important then client notes simply by their nature ? I think they should be.
I'm may be missundestanding something about POI so please enlighten me Smiley

That is a good suggestion that would increase the incentives for running server nodes. We will take that under consideration.

Did I miss it or is there no Alias-System in there ?

We're not targeting that in V1. In place of it, we're allowing accounts to be given friendly names that might give newbies more confidence that they are sending money to the right place.

Is transparent forging going to be there ?

We haven't decided yet because this will depend on the forging algorithm that we choose.