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Question for discussion:

Should exchanges be allowed to harvest?

You can't stop anyone from harvesting. Each account makes it's own decision

From what i know from some poloniex mods, their contract prohibits harvesting

If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting

It's their call no one can stop them. Although I must say I wouldn't do that...

If they really do, I hope they're doing it on some separate node, not on the node they use for getting information.

So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees.

People hate banks for the profits they make off us but I guess it's ok for exchanges.

Well, this is a problem.
Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok?
it is possible attack the network with a significant amount of PoI?

It's always a bad idea to leave your crypto's at exchanges for more time than you need to. People should know this. See my signature and you know what I mean.

Unfortunately this is a necessary evil. Is have no another marketplace better than Exchanges.
I lost that amount in Bter.

No it's not a necessary evil. Why would it be necessary for anyone to leave any coin on an exchange ?
If you want to sell something deposit the amount you want to sell on an exchange. Keep the rest in your wallet.

It's really baffling that people still keep coins on exchanges. How many compromised exchanges does it take for people to learn ? I guess always 1 more.

you should ask the question why people let her coins on exchanges!!

Because it is easier, and because people do not want install additional software, and also because an exchange can be accessed from everywhere.

That's why NEM would be a step forward to the others with a secure, easy constructed and accessible online wallet

Dissagree.
They leave it there because they wanna trade and speculate. You honestly mean to tell me that people are using exchanges as online wallets ? C'mon. I gues we'll see a huge waves of withdrawals when the app comes out then ?

with all respect. you are totally wrong. Many guys are using exchanges as online wallets. What are cryptocurrencies at the Moment? Let's be honest, speculation objects! For this reason mostly part of People Keep their funds there in order to react quickly.
accept you are at work and cannot Access a Computer, and the Price is crashing... you would can react immediately! For this reason an online wallet is fundamental.

And how is reacting to the price crashing not trading / speculating ?
For me that's the same thing.

Not to mention that mostly the price crashes due to people having all their coins on exchanges and doing a lot of speculation. Prices don't just crash because they feel like it.

Anyway...I guess we can all agree to dissagree

LOL, only nem Team does disagree as to all that is proposed Cheesy

loyer

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