Ninjastic
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Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
kikeda
on 10/02/2014, 07:56:41 UTC
Quote from: patmast3r on February 10, 2014, 07:23:45 AM
Quote from: Jaguar0625 on February 10, 2014, 12:21:09 AM
Quote from: patmast3r on February 09, 2014, 07:35:12 PM
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.

Quote from: patmast3r on February 09, 2014, 07:35:12 PM
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.

Quote from: patmast3r on February 09, 2014, 07:35:12 PM
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.

Quote from: patmast3r on February 09, 2014, 07:35:12 PM
Is transparent forging going to be there ?

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


Thank you for answering my questions and considering my comments. I totally missunderstood POI. I somehow missed the fact that transactions will give nodes a higher weight - All for it now Smiley. Actually I think this could really stirr up some attention.
One question that came to me regarding POI - Will my "links" be reset when I shutdown my node ? I think that'd be a shame.


Regarding the name for partial NEMs. Why not just stick with mNEM ? I think it's fun to say (reminds me of om-nom-nom).
Naka would give props to Satoshi and I get that but it's just totally different. 1 NEM and 1 Naka O_o...kind of irritating. Just my 2 cents.

mNEM sounds generic Smiley Im really excited about this project, hope I could out help out maybe do some social media campaigns to help spread the word.