Wow nice to see some action and just to repeat it, think it is very important, that as much as possible keep their wallets online after the switch. IMPORTANT PLEASE READ!
Tentative date of switch to PoS: 2015-02-26
(....)
3. Staking
Staking earns you interest and secures the network. It does not consume much CPU power (unless you start PoW mining which will be possible during first couple of weeks after transition).
My request is: please seriously consider keeping your Noblecoin's wallet online after the switch in order to protect the network and to earn some interest.
4. Make sure time in your computer is correct
This is important if you want to stake. Computers with clock which is off most likely will not be able to earn any interest.
(....)
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Yup. But this is only a very small part of the plan. I understand that it takes time... But need to have clear goals (ideas plus time limit) so you know where you're going. I look forward to the master plan.
By the end of the week will publish a plan Very good, btw. i am missing koop4u, is he still active? And also i tried Alcurex and must say i like the exchange, it is a nice little place for trading NODEs, and should be very secure (actual not a real target for hackers, manual btc withdrawals, registred in Finnland (EU) ) and last but not least it is actually the only exchange where you can get NODEs. @TheRealSilk: hey the original post should be updated, regards
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What occurs on Bter.com? I wanted to withdraw the NODE. I had a warrant for sale, I cancelled it and KNOT disappeared. I start worrying.
Only CNY, USD and NXT are available for now. But also NXT is still disabled, but you can see the amount.
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THANKS L&M! My third transaction! 18222773460494025570 2015-02-16 11:50:44 6900437005517068026 388507031247855324 350 NODE 5 Confirmations 9823533959866268350 2014-11-13 18:34:13 1596636997542545302 388507031247855324 1 NODE 5 Confirmations 16698067330314923656 2014-08-04 16:03:18 15007997926042764084 388507031247855324 598894 NODE 1 Confirmations You're welcome. I believe the true power comes from the community itself. The communities of crypto need to come together in an altruistic yet community driven profitable endeavor. By letting other people do most of the work, we are essentially allowing for centralization to happen all over again. This is how centralized banks and corporations come about. People don't want to bother to help each other out and the result is having one or a group of people stepping up and taking control of the whole organization. There is a quote somewhere out there by a philosopher that essentially says that even the most honest person left alone with all the power will eventually succumb to greed. It is human nature. If communities work together, essentially power becomes divided amongst the community and even the most honest person cannot succumb to their nature of greed. Back before history became written, humans relied on the strength of the community to survive. In today's modern world, we rely on the strength of the few we have handed the power over to. BTC communities have decided to leave the power with the most strong miners/exchanges and we have already seen how this can affect us all in a negative way. True, so true.
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New test PoS wallet - version 2015-02-14If you participate in tests please stop test wallet. Download and run new version. Windows -> http://104.236.195.137/noblecoin-qt-20150214.zip md5sum: f0c0ff96400fa0cf79e131dd34792025 Linux -> https://github.com/eagleflies/noblecoin/Test block explorer -> https://chainz.cryptoid.info/nobles/Documentation -> https://github.com/eagleflies/noblecoin/wikiChanges: - provides ability to run checkpoint server Explanation: - many PoS currencies run such a server. its main purpose is to increase security by making it (much?) harder for attacker to create new fork and doublespend. possible problems: under certain (and rare) conditions such a server may cause problems to the network. also if someone is able to hack into such a server he can also cause problems. also rogue dev controlling such a server can cause problems Test plan: - test checkpoint server is operating. - if you run previous version of test wallet you will probably find errors in debug.log: "ERROR: CSyncCheckpoint::CheckSignature() : verify signature failed" - with new version of test wallet you should find in debug.log messages: "ProcessSyncCheckpoint: sync-checkpoint at b18a221d0aa13e6356846d39b64eed15ef0e48fd38b9451b61ad221de309192e" - Could you please confirm that after upgrade to this version you see the latter messages?Future tests: - if this wallet works fine current plan is to test one more change to the code. then if everything works fine proceed with the switch to PoS wallet. Plan for mainnet: - I am still learning about checkpoint server. On one side it is really useful and strenghtens the network. On the other side it can lead to issues (under rare conditions). Most probaby checkpoint server will not be enabled just after switch to PoS wallet. We will discuss and test it later. However it is important to add this code now as it allows us to avoid hardfork later if such server is needed. Tentative date of switch to PoS: 2015-02-26 Yes there are a lot of "sync-checkpoint at xxxxxx" looks good.
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well - everyone certainly has abandoned it now - good idea - bad implementation.
I still have some hope, and am glad supply is slowed whilst demand and development have been slow. As they pick back up hopefully this will reflect on the network. Same implementation as BTC, if anybody feels it's really wrong then working on patches or proposals and submitting them to Bitcoin / Litecoin / Bitmark would be the thing to do. Thanks! I think it's really not a disadvantage, because otherwise there would be a lot of Bitmark without demand, so yes i think it was and is a good idea.
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No actually not, but will try it and let you know what happened. greetings
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Looks good, all seems to work fine (mining, staking etc..).
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Thats 3.5 months ago. By now you either have something of worth, or you dont. At the moment, how can it be anything other than the latter? My first post was before the 45 page and growing whitepaper and the beginning of the business plan (which is of no worth until it is). In the beginning I didn't ask for anything besides individual help to help crowd fund myself working on conceptualizing the idea for deliverance in 2015. You are coming across as someone who needed funds for other reasons (personal dept, maybe?), and you kidded yourself you could produce something that would justify taking funds from people. I can understand the personal debt suspicion due to the high-profile 'scams' that have been accused of being used to pay of tens of thousands to $100,000+ of debt. That is not the case here. I have had a low personal debt of about $7,000 for half a decade. None of that has been paid off during this period besides a mandatory $20/$80 fortnight which has been going on for a year. That is something I can easily prove if I get a legal letter. You dont seem to care about that reputation anymore. Theres a reason for that, and its got nothing to do with crypto/NOXT. Show me/us i am wrong. I care about my reputation very much so. This entire episode has affected it entirely negatively and it's got everything to do with crypto/NOXT. I'm not happy in the slightest this is where it's currently at and some of things I have been sent. Rofo thanks for your post, i am confident here and if you need support let us know.
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I have problems with my post here in Poland,alreadyi am waiting 3 weeks on pendrive with wallet from Australia
Can you tell me what to do ,when i receive private key by post,do i have to scan,or what to do,can you provide some more explanation
Keyword "importprivkey" First unlock your wallet if locked (here for 120 seconds)= "walletpassphrase yourpassphrase 120" https://en.bitcoin.it/wiki/How_to_import_private_keys
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The problem with the 98% in devs hand is simply TRUST. Thatīs the reason we donīt like Ripple and Bitshares. If you are real and have the beautiful mind you propose everything is ok, but how should we trust you.
You wrote the problem with Ripple, etc. there are huge accounts htat can dump anytime. In this case thatīs the same, itīs you.
Maybe you can find a solution to proof to everyone your good intention. But I donīt see a way how to do this. I hope you do.
So in reality how does this work?
You sell 2%, get the money and use it for development. Then you take some % for bounties.
And how are the 40-50% distributed over time? You sell it in different IPOīs? Or you give them as interest to the stakeholders?
If a: different IPOīs: For what price? The original price, the actual price, some price between? Thatīs all kind if heavy manipulation. cause you bring the price down with every IPO. I am in for longterm, so that wouldnīt be a problem for me, but there will be speculators, and they will buy IPOīs and sell before IPOīs. So they will have plenty of opportunitys to grab the money from new people coming in.
So it looks kind of flawed to me, even cause I believe in your good intentions and your knowledge.
? The main question... is it already answered !?
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So no pos yet then?
Soon. You know? For some reason you have to test development work, especially when its handling peoples money... And i think the pos dev team has been more than clear in this time schedule Btw tests are still going on, joined finally, overseen the new "noblepos" folder in the app directory, where to put the edited noblecoin.conf file . Resources and infos (some posts before ) for joining the tests: https://bitcointalk.org/index.php?topic=402667.msg10404213#msg10404213
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Ok it is an experiment but 10000% yearly stake, lol surely not a ponzi . How would you make software miner? Don't understand your question, as i see it (just had a look) the coin had a pow-phase (sha256), no "new" miner needed and the rest is most possible the usual pos code, the same no new software needed (changed properties but nothing really new). PoW phase was stage 1 in coin production/distribution. PoS is stage 2. Everyone looks at 10k in the same way they were looking into blackcoin at start when they came with short PoW phase. Logic for coin distribution is different here and being early adopter doesnt mean much cause breakeven point in PoW mining phase was 150k sat. and if you check rich list majority of big wallets are not dumping. Anyway, I can ask you to explain what FED doing with US$? Money availability produces consumption which then turns economy and any coin with small supply means only that it wont be used as money should. Anyway, there are many ways to look at 10k, many questions appears and I'm sure I don't have answers for many of them, but if you are smart, do invest some, at least small amount, not more than you are ready to lose and if you don't want belive what you want noone here dont need to explain you anything. You don't have to explain it to me, i'm not asking for explanations, i answered just a question which was addressed to me, my opinion is readable in my former post and thats it, but thank you .
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Ok it is an experiment but 10000% yearly stake, lol surely not a ponzi . How would you make software miner? Don't understand your question, as i see it (just had a look) the coin had a pow-phase (sha256), no "new" miner needed and the rest is most possible the usual pos code, the same no new software needed (changed properties but nothing really new).
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Ok it is an experiment but 10000% yearly stake, lol surely not a ponzi .
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Rofo can you give us an update of your plans with NOBL , is your intention still to hand over NOBL to 'the community' or will you be staying as the leading force in NOBL which i am pretty sure most would prefer. I know you wanna focus n NOXT but NOBL and NOXT come as a pair i would say.
Think we have to wait a little bit and for NOBL, think it is not a bad idea to outsource the further technical development of NOBL to the community, so Rofo has more time focussing on concepts and realization of NOXT and the community will get the coin they want (theoretically). Nice turnaround happening on this coin's price lately, is something happening with supply due to the proposed coin swap or is there some other thread for NOBL that covers news that is driving it?
think its the news that rofo is still in with marketplace and payment processor and the fact we are going PoS II in some days Yeah , if your only invested in NOXT and dont give a shit if NOBL goes down the Shitter im sure it is a good idea!! No im not only invested in NOXT and btw. showing some support of the coming transistion to POS, could help to spread some optimism
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So what is happening here exactly? Did DEVs move the funds?
No, the funds are almost untouched. Yep, this is rather strange. Maybe something happened with the dev(s)? Otherwise, what was point in all of these? I agree, it is very strange. They did far too much work for it to have just been a scam all along. As someone previously suggested, most likely they just got in over their heads so while it started off with good intentions, they will not complete the project and eventually take the funds. Hanlon's Razor comes to mind here: Never attribute to malice that which can be adequately explained by stupidity. And the progress, is there any or the DEVs are completely silent? The last message from devs was in the beginning of this January, some more days later the website was offline. Since last year (novembre or so) there was no progress more as far as i know. Yes it is silent.
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Thank you Joe for helping us with this migration and adjusting PoS II parameters for us! This looks great. Could you provide your Noblecoin's address please? We should start thinking about some bounty. Bounty for JoeI would like to propose we gather bounty for Joe. AFAIK he does not hold huge stake of Noblecoin and is helping just because he likes this coin. It would be nice if we could show our appreciation this way. Very good idea to support the people who handle the stuff btw.. , i also donated a bit with my lill stack, thx. regards
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Plan for PoS migration:
1. Test PoS II on testnet - this was accomplished by james6546 and myself.
2. Adjust PoS II parameters for Noblecoin. Switch from variable interest rate towards flat rate of 8%. - This was delivered by Joe. 3. Prepare and commence tests on mainnet. - this is current phase. 4. If any issues are spotted look into and fix them. Then test again. 5. If no issues or all fixed agree on switchover date and communicate it to all external parties: exchanges, mining pools etc. 6. Perform the switch on specified date.
For current phase I would like to ask for as many volunteers as possible. I am going to provide more details, create some test scenarios which will be published tomorrow (Monday).
Tentative date when tests will begin - Tuesday or Wednesday this week. I am aiming to provide earlier notice, preferably 24h notice.
Great, will try to participate in testing.
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Come on guys.. Download test client. Put any password u want. This will give u an account number. And after that just send me a pm with your account number and i'll send you 600k testnode so we make sure things work smooth. TestNetTime, let's make some traffic to optimize the forging algorithm.
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