Thanks for the work, MaxMinersNet, added to the OP.

To any others who can set up pools, please help that for XMG, in particular NOMP & P2Pool.

Profit is the issue, and even big issue lies in that all of people want to see the profits; the question is where we create the money or the money is from. It's taking years for coming the bitcoin (as Satoshi expected or he does't expecting the bitcoin era that quick), while nowadays we can get a pump to fill out everyone's pocket. Let's just see ... 

I have a program to retrieve some numbers, but will be able to that at some time. If one wants, running api and a simple program will do it: https://github.com/magi-project/magi-api-cpp. Either way, we know the mined coins per day from the money supply changes. PoW mining is about 34% at this moment: https://chainz.cryptoid.info/xmg/#!extraction

Addition to eagleflies' post, I'd add in order to avoid misunderstanding, that the number of coins in the example is for stake per transaction; one can stake as many coins as he wishes in his wallet but he must split coins over different transactions. As to magi, if one has concerns, maybe it's better to check it out, running magi client in the mainnet or testnet (for easly mining coins in testnet & staking test); test it under conditions we have specific concerns.

Fully understood the PoS has been talked very much in NOBL community and people here want to see a running PoS ASAP. I'd like to provide any help I can do for, to cooperate with eagleflies for the general PoS, or if you want to take the PoS-II course. It would be easy & quick to just fork magi source code for the test purpose if one wishes. Feel free dropping me a PM if there're any things I can do for.

Wolf, curious when could you release the miner to the community? 

This is a nice design.

hey, this is illegal 

Mod, take a look at the above post. 

My record shows four of 127 and one of 254; I checked one address that shows following date when rewards were credited, can you confirm the transaction around 11-25 or so?
01-06
12-12
12-04
11-25
11-19

I assume the following discussion is based on the community will go with PoS-II.

@eagleflies, I replied to your PM. Also I am posting the same things I am thinking in order to proceed (correct me if these subjects were already covered)

#1 The first thing to decide might be working with which coin source; it could be more compatible by adding PoS into NOBL original code (but will take time); and in contrast it would be easy and quick by work withing magi's code and change it for NOBL.

#2 PoS-II design, like maximum allowed stake days (depending on amount of coins) etc (these mentioned in the magi post); this part somehow needs to figure carefully

(guess you guys already discussed, sorry if I missed the point) is NOBL going to be a pure PoS or PoW/PoS hybrid? will PoS be plugged in by a hard fork?

In a quick way, we can adapt magi code to NOBL and put it on the testnet to test the compatibility and stability. In any case, #2 will need a bit figure with math (determine coin age parameters); if no one else can do it, I can get it done but I'll need some time to work on it.

We're doing the MagiPay test; frankly it's not easy to get to an easy-to-use phase, but we're working on it.

Digithusiast, do you think we should get the option of easily integrating with WooCommerce; in that way, people can easily set up magipay by using wordpress.

I can't resist to buy a bag too.

Welcome back mate; I have dead thoughts on this, suggestions will be appreciated.


An easy way is to find exchanges who offer the UKP option and bring XMG to there.

NOBL community, this is Joe from XMG. I must be frank that I'm actually a fan of NOBL. I am glad people like PoS-II; the following post has most of the details regarding the PoS-II: https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269 feel free to let me know if you want to know more or any suggestions.

Specifically I want to talk about the interest; two options:

#1: low interest, APR never greater than 5%. As someone already pointed out, high interest rate may work in a short term but not good in the long run. Decentralization could be the issue for high-interest PoS, because some people tend to stock coin to gain more rewards, and this fact will make those people who can't gain enough coins to stake tend to sell their coins (there is saying PoS coin's price gets dilution), you know what will happen then. While this is not an obvious consequence, but might end up with that in the long run.

#2: dynamic interest depending on the time (I suggest depending on the network weight too); maybe something like the PoW mining using reward reduction scheme, example: APR0 at 1st month, APR0 * r (r < 1) for 2nd month, APR0 * r^2 for 3rd month, and so on until getting to the final level (e.g., < 5%).

I give my vote to option #1. NOBL doesn't need to attract more people, cause it's already notable. It's right that high interest will attract newcomers at the beginning, but we likely see a day they are going with a dumping left behind even big hurt to the coin. Staking should not be the main reason for one holding coins, if they do, they will dump sooner or later. Also, I'd like to put the fairness of coin distribution at the first place.

Nice buy, the price is really low, I felt crypto is like in the winter.

Glad to know it's working well.

No need of two wallets (you can't run two either); simply send over 500 XMG six times (assuming total 3000 XMG) to one or different addresses.

Should be more than that, how did you stake? I recommend staking with 6 x 500 XMG.

Thanks mate.

I am looking at this part; does this mean any other thoughts, redo algo? Thx.