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Author Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS  (Read 992961 times)
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coaex
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April 14, 2016, 06:18:31 AM
 #11241


PoW is dead or dying,
Combined the top 3 Chinese BTC Pools and they are over 60% ,
So they can 51% BTC any blasted time they feel like it and you PoW supporters can't stop them.
Proof of Stake is the Future , either Hop on or get the hell out of the way because it is a train that can not be stopped.


Could you kindly tell us what prevents exchanges from staking your PoS coins?

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April 14, 2016, 06:24:56 AM
 #11242

Could you kindly tell us what prevents exchanges from staking your PoS coins?

Absolutely Nothing prevents any exchanges from staking a PoS coin.
You think that 8%/12 = 0.67% per month on a fluctuating amount of coins is a game stopper.
Its not.

 Cool

FYI:
Would you like to show the calculations showing how a difficulty increase every 2 weeks, makes that PoW ASIC completely worthless in 1 year.  Cheesy

FYI2:
Sorry don't mean to pick , but really PoW mining is no longer profitable by any individual in their own home, and the only way to keep that ASIC profitable is to keep mining new coins with low difficulty and the coin market has been over saturated going on 2 years now.
PoW economic requirements will always centralize a PoW coin for the Elite.
All of the PoS coins electricity requirements combined are nothing to BTC, economically PoW is unsustainable , unless the Government only allows the elite to mine it to stop the difficulty from rising.
With PoS , the people still have a chance to be part of making their own coins.

FYI3: More Exchange Comparisons
Poloniex Charges Trading Fees on PoW & PoS
Maker    Taker    
0.15%  + 0.25% =.40%
basically the trading volume of even a PoW coin is charged .40% and that is per every trade
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April 14, 2016, 08:20:02 AM
 #11243

there is for sure for user friendlyness a POS change wanted
but just a small one

rewards should decrease to zero if u didnt stake for to long
but still  correct sized coin pile (non dust) should have some kind of mnimum chance to mint a block and reset coin age

a well done POS coin need no micromanagement by users and im sure NOBLE can reach that state too

i think that code adaption shouldnt be that difficult and eagle should be able to handle it
afaik he have access to joe too who created the original POD code thats used in NOBLE so together sure not big task

 
  Diamond [DMD]     ARTIS [ATS]  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦     ▬ Streaming Money ▬ Creating Value ▬
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April 14, 2016, 09:10:43 AM
 #11244

a well done POS coin need no micromanagement by users and im sure NOBLE can reach that state too

Actually Noblecoin requires less management by me that most other coins including diamond.
Reason being Noblecoin does not split its amount in half when it stakes, so as long as I stake weekly, it requires no further attention.  Smiley
Diamond however does split in half and the minimum amount where it group stakes is far too low to be of any use to me to gain as much compound interest as possible, so I have to manually merge the blocks back into 1 block each time it stakes. For Diamond to be as user friendly as Noble, you need to add a switch to stop the blocks from splitting in half or make it the default, however due to diamond low # of staking coins , this might be a security risk , that would not be worth it for diamond.

 Cool
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April 14, 2016, 09:25:44 AM
 #11245



rewards should decrease to zero if u didnt stake for to long


Noble is not a pos coin confirmed.
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April 14, 2016, 09:55:06 AM
 #11246



rewards should decrease to zero if u didnt stake for to long


Noble is not a pos coin confirmed.


thats bullshit
there is lot ways to set up POS
and a way to reward active wallets more then inactive is a legit way to set up POS

in fact all this POS did is creating ultralow inflation

its not on me defend NOBLE POS i was not involved coding it
but from investor and user perspective as said before just a small adjustment needed to make me total happy with it

 
  Diamond [DMD]     ARTIS [ATS]  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦     ▬ Streaming Money ▬ Creating Value ▬
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April 14, 2016, 07:27:01 PM
 #11247

Spring Staking Promotion - Update - day 7

1. Staking ratio and difficulty
Staking Coins for the last 1000 Blocks: 19.2%
Difficulty is at 3.65 right now.

2. Rewards paid so far
We had first payout of 100 000 NOBLE which happens about every 11 days. Wink Congratulations!
https://chainz.cryptoid.info/nobl/block.dws?380052

100000 NOBLE: 1 time
10000 NOBLE: 6 times
1000 NOBLE: 61 times
100 NOBLE: 608 times

3. Upcoming high payouts
100 000 NOBLE at block 390 000 which will happen in about 8 days
10 000 NOBLE at block 382 000 which will happen today

4. Reward for block 400 000
I am leaning towards 500 000 or 1 000 000. Any comments or preferences?

5. Remaining balance
2 721 243 NOBLE
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April 14, 2016, 07:34:27 PM
 #11248

there is for sure for user friendlyness a POS change wanted
but just a small one

rewards should decrease to zero if u didnt stake for to long
but still  correct sized coin pile (non dust) should have some kind of mnimum chance to mint a block and reset coin age

a well done POS coin need no micromanagement by users and im sure NOBLE can reach that state too

i think that code adaption shouldnt be that difficult and eagle should be able to handle it
afaik he have access to joe too who created the original POD code thats used in NOBLE so together sure not big task

There is a bounty #9 already for such a change with no backers https://github.com/eagleflies/noblecoin/wiki/Bounties
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April 15, 2016, 09:06:08 AM
 #11249

Spring Staking Promotion - Update - day 7

1. Staking ratio and difficulty
Staking Coins for the last 1000 Blocks: 19.2%
Difficulty is at 3.65 right now.

2. Rewards paid so far
We had first payout of 100 000 NOBLE which happens about every 11 days. Wink Congratulations!
https://chainz.cryptoid.info/nobl/block.dws?380052

100000 NOBLE: 1 time
10000 NOBLE: 6 times
1000 NOBLE: 61 times
100 NOBLE: 608 times

3. Upcoming high payouts
100 000 NOBLE at block 390 000 which will happen in about 8 days
10 000 NOBLE at block 382 000 which will happen today

4. Reward for block 400 000
I am leaning towards 500 000 or 1 000 000. Any comments or preferences?

5. Remaining balance
2 721 243 NOBLE


That is great, I think I have collected at least one Smiley

I think for 400,000 we do 0.5m as that will still leave some for another big one.

I'll send the community funds over now, as this is a really good use for them.

Have we noticed an increase in staking?

Edit: I'll send the coins over once my wallet has stopped staking them so I can get them back! I'll round it up to 750,000 as I can't remember exactly how many there were.
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April 15, 2016, 02:38:56 PM
 #11250

there is for sure for user friendlyness a POS change wanted
but just a small one

rewards should decrease to zero if u didnt stake for to long
but still  correct sized coin pile (non dust) should have some kind of mnimum chance to mint a block and reset coin age

a well done POS coin need no micromanagement by users and im sure NOBLE can reach that state too

i think that code adaption shouldnt be that difficult and eagle should be able to handle it
afaik he have access to joe too who created the original POD code thats used in NOBLE so together sure not big task

There is a bounty #9 already for such a change with no backers https://github.com/eagleflies/noblecoin/wiki/Bounties


make block 200000 POS promo bonus just 200k and use 800k as bounty for that feature

this serve us longterm much better than the POS promo

 
  Diamond [DMD]     ARTIS [ATS]  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦     ▬ Streaming Money ▬ Creating Value ▬
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April 16, 2016, 02:06:51 PM
 #11251

Last week I downloaded and installed Noblecoin wallet v2.0.4.0 on a pc that stakes other wallets and have not been able to get any connections.
Does it require nodes in a conf file?
Any suggestions would be appreciated.
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April 16, 2016, 07:05:53 PM
 #11252

Last week I downloaded and installed Noblecoin wallet v2.0.4.0 on a pc that stakes other wallets and have not been able to get any connections.
Does it require nodes in a conf file?
Any suggestions would be appreciated.


I don't even have a conf file and never had any connectivity issues. However, try adding these to a conf file and see if it helps:

195.154.111.118
5.9.20.83
149.202.121.129
5.39.80.7
178.33.209.212

Good luck!

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April 16, 2016, 10:14:47 PM
 #11253

Last week I downloaded and installed Noblecoin wallet v2.0.4.0 on a pc that stakes other wallets and have not been able to get any connections.
Does it require nodes in a conf file?
Any suggestions would be appreciated.

I ve never had any problem with connections. what your describing suggests to me its being blocked by firewall or virus program maybe. Other than that try to save your wallet .dat delete everything reinstall. let us know if any or this helped. Fish
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April 17, 2016, 01:14:03 AM
 #11254

there is for sure for user friendlyness a POS change wanted
but just a small one

rewards should decrease to zero if u didnt stake for to long
but still  correct sized coin pile (non dust) should have some kind of mnimum chance to mint a block and reset coin age

a well done POS coin need no micromanagement by users and im sure NOBLE can reach that state too

i think that code adaption shouldnt be that difficult and eagle should be able to handle it
afaik he have access to joe too who created the original POD code thats used in NOBLE so together sure not big task

There is a bounty #9 already for such a change with no backers https://github.com/eagleflies/noblecoin/wiki/Bounties

Id say if we ever fork again, we also fork away from that 300m bullshit Cryptsy wallet and the mint pal one for that matter hell lets make a list.  Fish
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April 17, 2016, 09:28:11 PM
 #11255

Id say if we ever fork again, we also fork away from that 300m bullshit Cryptsy wallet and the mint pal one for that matter hell lets make a list.  Fish

i don t suggest doing that
its valid addresses and valid coin in there

everything else about the troubles who owns them and who can access them
is not business of coin devs

DMD Diamond too have 1% of total coins at cryptsy cold wallet
but we would never ever consider declare them invalid coins

the blockchain is the enviroment the tool
but not the judge to decide what are good or bad coins
just what coins are valid and what transactions are valid

and from that perspective the mintpal and cryptsy coins are valid created and valid transfered

that they now stuck in limbo with unclear state who have access to the wallet private keys
is not a issue that is business of wallet devs

 
  Diamond [DMD]     ARTIS [ATS]  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦     ▬ Streaming Money ▬ Creating Value ▬
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April 17, 2016, 10:01:54 PM
 #11256

Id say if we ever fork again, we also fork away from that 300m bullshit Cryptsy wallet and the mint pal one for that matter hell lets make a list.  Fish

i don t suggest doing that
its valid addresses and valid coin in there

everything else about the troubles who owns them and who can access them
is not business of coin devs

DMD Diamond too have 1% of total coins at cryptsy cold wallet
but we would never ever consider declare them invalid coins

the blockchain is the enviroment the tool
but not the judge to decide what are good or bad coins
just what coins are valid and what transactions are valid

and from that perspective the mintpal and cryptsy coins are valid created and valid transfered

that they now stuck in limbo with unclear state who have access to the wallet private keys
is not a issue that is business of wallet devs
I knew you guys would say that and I agree to a certain extent. It sucks that we will never have a accurate count of whats even possible to be out there as far as coins. Every time a new person comes around they see these enormous numbers of coins in circulation which is not even close to true.  Also there is a possibility of that wallet which belongs to the users of Cryptsy. not Paul or whoever has control over it comes alive and destroys the hard work and BTC we put into this project at that point its all of our problem. Just figured Id put it out there. Fish
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April 18, 2016, 06:37:31 AM
 #11257

I knew you guys would say that and I agree to a certain extent. It sucks that we will never have a accurate count of whats even possible to be out there as far as coins. Every time a new person comes around they see these enormous numbers of coins in circulation which is not even close to true.  Also there is a possibility of that wallet which belongs to the users of Cryptsy. not Paul or whoever has control over it comes alive and destroys the hard work and BTC we put into this project at that point its all of our problem. Just figured Id put it out there. Fish

It is difficult to say what will happen to Noblecoin's wallet at cryptsy. Last thing I read stated company was put into receivership and currently court controls it. It is possible court-appointed monitor will find altcoin wallets and at some point in the future coins will be returned to their owners.

Cryptsy's webpage and wiki are not reachable now, while blog still works.
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April 18, 2016, 06:44:03 AM
 #11258

there is for sure for user friendlyness a POS change wanted
but just a small one

rewards should decrease to zero if u didnt stake for to long
but still  correct sized coin pile (non dust) should have some kind of mnimum chance to mint a block and reset coin age

a well done POS coin need no micromanagement by users and im sure NOBLE can reach that state too

i think that code adaption shouldnt be that difficult and eagle should be able to handle it
afaik he have access to joe too who created the original POD code thats used in NOBLE so together sure not big task

There is a bounty #9 already for such a change with no backers https://github.com/eagleflies/noblecoin/wiki/Bounties


make block 200000 POS promo bonus just 200k and use 800k as bounty for that feature

this serve us longterm much better than the POS promo

1 mln coins was donated for the purpose of POS promotion. Hence I am going to use it for that. We can only discuss how to spend it e.g. use more for 400 000 block's reward, or spend more for long term smaller rewards.

I understand you are saying money from community funds could be used for bounty #9? According to James this fund holds about 700k NOBLE.

Would anyone else voice their opinion how big the reward for block 400 000th should be?
So far we have two proposals:
500k - 2 votes
200k - 1 vote
james6546
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April 18, 2016, 07:28:38 AM
 #11259

there is for sure for user friendlyness a POS change wanted
but just a small one

rewards should decrease to zero if u didnt stake for to long
but still  correct sized coin pile (non dust) should have some kind of mnimum chance to mint a block and reset coin age

a well done POS coin need no micromanagement by users and im sure NOBLE can reach that state too

i think that code adaption shouldnt be that difficult and eagle should be able to handle it
afaik he have access to joe too who created the original POD code thats used in NOBLE so together sure not big task

There is a bounty #9 already for such a change with no backers https://github.com/eagleflies/noblecoin/wiki/Bounties


make block 200000 POS promo bonus just 200k and use 800k as bounty for that feature

this serve us longterm much better than the POS promo

1 mln coins was donated for the purpose of POS promotion. Hence I am going to use it for that. We can only discuss how to spend it e.g. use more for 400 000 block's reward, or spend more for long term smaller rewards.

I understand you are saying money from community funds could be used for bounty #9? According to James this fund holds about 700k NOBLE.

Would anyone else voice their opinion how big the reward for block 400 000th should be?
So far we have two proposals:
500k - 2 votes
200k - 1 vote


I sent you the 750k community fund, did you get it?
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April 18, 2016, 08:28:02 AM
 #11260

I sent you the 750k community fund, did you get it?

Yep.

        "txid" : "fac96d91541f9ff0d2a2b08dfaf01e7d1f44afab2d4ff1cc67029715250295af",
        "vout" : 1,
        "scriptPubKey" : "21029a7929fecca0049c2cb837ae85722a903e36bcde84ea19672e70cfcd0b882197ac",
        "amount" : 750409.40698580,
        "confirmations" : 617

What do you think about cryptonit's suggestion to use the funds for Bounty #9? Does that make sense, or do you think it is better to use it to fund POS promotion?
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