Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Thread - Beta is almost here[Updates & Discussion]
by
solix
on 20/10/2014, 02:18:33 UTC
[Poll]
How many NEM coins should be?
Please vote twice, and decide NEM's future for yourself.


1)   https://forum.nemcoin.com/index.php?topic=2531.0
2)   https://forum.nemcoin.com/index.php?topic=2540.0



Hold the horses, as I suggested earlier, do we actually have a sponsor from the dev team willing to agree this is feasible with the time remaining? Granted I see it as a constant change and a regression test with JUnit, but that is my uninformed assessment.

Secondly, I know TaunSew and others maintain some of the documentation. We okay signing them up for something on short notice like this? I think we'd want a few of them to say "yeah sure we'll do it". I don't know if I have seen that yet either.

Lastly, can we just formalize the position with the regulators on the NEM team that the mechanics stay the same just scaled in proportion? A formal statement on that would be good to avoid a suckerpunch to the the AE prices. If it is changed before it hits an exchange there shouldn't be too much backlash as everyone will still get what they paid for in proportion. I think that statement would need to encompass alt nemo too right? Like cold wallet is 2000 instead of 1000? Not sure what else would be affected.

Given markets are never 100% efficient or subject to emotional influence, is there any chance we actually induce market cap reduction? I think the fact that the NXT AE assets are fixed and not doubling it should spare any sort of shock sell off. I suppose some of that could be tolerated with the understanding it increase long term success, still... but this one would most easily be resolved by the vote of people deciding if they are willing to risk what they put in. I don't see why this would happen, but anything is possible.