Quote from: patmast3r on March 22, 2014, 06:16:55 AM

Quote from: gemini22 on March 21, 2014, 10:44:59 PM

Quote from: Thingamajig on March 21, 2014, 10:06:15 PM

I also have to stress that i think the key isn't in just distribution or the fear of dumping, but also in making sure we have ACTIVE stakeholders who are prepared to donate a portion of their NEM to community promotions and other initiatives.

This is the big problem with NXT right now. In order for the idea to succeed in such a competitive market, it'll take community effort to make NEM stand out. This also means, imo, getting NEM to have some presence on the deep web as well as more legit retailers.

I will be donating NEM for a forging system that runs on the Raspberry Pi, waiting for some NEM and waiting for that RPi bounty to be listed.

Funfact: NEM will probably note use the term forging as it is connected to POS and NXT. If you read some of my posts I already used the word foraging (i guess people thought it's a typo)

Not sure this is final though but I like it.

PoW= Mining
PoS= Forging
PoI= Foraging
or
PoI= Guarding

NXT chose to use the word forging in the metallurgical sense, unfortunately the general public views it with a criminal connotation.
I like the idea of having a new name for POI, but from a marketing perspective foraging is not much better.

I looked-up foraging in Merriam-Webster and several other dictionaries.

Definition of Forage.
1: Food for animals especially when taken by browsing or grazing. Grasses and other plants that are eaten by animals (such as cows).
2: Search for provisions. To wander in search of forage or food, browse, graze, pasture, rustle.

Agriculture and animal husbandry? Does this sound like NEM?

Foraging has a lot of associations and many are negative:
browsing, collecting, combing, eat, explore, feed, ferret, fodder, gathering, graze, harvesting, hunt, looking for, nibble, nose around, peeking,
peering, pilfer, plunder, probing, prying, raid, ransack, ravage, rifling, root about, rummage around, rummaging, scavenge, scouring, scrounge,
searching, seeking, sifting.

"I am mining bitcoin." or "I mine bitcoin." or "We are mining bitcoin." Sounds fine.
"I am forging NXT." or "I forge NXT." or "We are forging NXT." Sounds like we are coping NXT illegally.
"I am foraging NEM." or I forage NEM." or "We are foraging NEM." Makes us sound like we are cows foraging in the pasture.
"I am guarding NEM." or I guard NEM." or "We are guarding NEM." Sounds slightly better.

Foraging implies searching and collecting.
If you are a forager for NEM you are randomly, willy-nilly searching and collecting NEM.

A guard protects and gets paid.
If you are a guard for NEM you are protecting the NEM network and can get compensated with the transaction fee.
NEM soldiers guarding the NEM network.

Also the pronunciation of foraging is too silmilar to forging, some people will find it confusing when they hear it.
The forging mechanism in NEM needs to have it's own term for PoI. Guarding is a better description, but we need to think more about this and
come up with the perfect name.

sorry patmast3r, I did notice the "typo" and thought it was a joke or typo. I like reading your posts, it's just my logomisia.