Re: [NEM] NEM -New Economy Movement - No Envy Movement

So is the coin generation called 'foraging' then? Is this final? I'm not sure I like it... it's not a word suited to a highly technological platform. 'Foraging' brings images to mind of people rummaging in bushes or shrubs to find berries or something...

To me, a word like 'minting' sounds much better.

Quote

"A node can mint NEM at a rate according to the unique PoI algorithm."

I just think it sounds better. Has a ring to it. Thoughts?

+1

I cannot stand the term "foraging". I'm glad to see someone else has an issue with this.

"Minting" does sound a lot better, but that word refers more to the creation aspect. Qubic's Network PoW is like our PoI, and they use "Minted" to describe how Qubic's are created and "Providers" are the nodes.

Here are the two posts on this subject:
https://bitcointalk.org/index.php?topic=426303.msg5850252#msg5850252
https://bitcointalk.org/index.php?topic=426303.msg5852350#msg5852350

At that time "Guarding" is what I came up with, but later chanc3r mentioned the word "Validating", which I like better.
"Validating" and "Providers" are good descriptions, but let's work on this and come up with the perfect name.

Please, anything but "foraging".

Yeah, the more I think about it 'foraging' sounds worse and worse... you wouldn't 'fish' or 'hunt' for coins would you?

Why would using 'forging' be a bad thing anyway? Every single PoW coin uses the word 'mining' despite differences in their individual algorithms. If 'foraging' was an attempt to be different than NXT then it's failed; it looks like exactly the same word at a glance.

I find nothing wrong with the just plain - good old fashion "forging".

Is there anyone else that would like to replace the term "foraging"?

I would not use "forging". Some people feel it familiar because its has been used before but I don't think it is a good word to describe the process. What and how do you forge exactly ? Emunie uses hatching; Maidsafe uses farming; Not sure peercoin uses what but saying "forging" is good old fashion is a bit premature imho as it has no relevance with the process it is supposed to describe.

Okay, here is amateur linguistic analysis: forge have two main meanings: the first is to counterfeit which has a negative connotation; the second is to form by heating and beating and hammering into shape. Now if you want to describe the process to a completely new comer and you say "I have been forging NEM all days". It sounds more like you are counterfeiting something. If the second meaning gets through, it also draws a complete picture like you are forging a blade or at least it indicates a transformation of the material during the "forging" process. You "foraging" and" harvesting" does suggest you picking up something already being there not a process of transformation even though now harvesting feels a bit more evolved to me. So "foraging" and" harvesting" are more accurate relatively to "forging" when describing the process of getting NEM as block reward from transaction fee.

You are right "forging" is not the exact word for NEM's process, it's just that personally most anything would sound better than "foraging".
"Reaping" it does sound scary. The word needs to describe NEM's process. I don't know what the word is, but I think it should be more modern/technical.
"Harvesting" is an improvment over "foraging".