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Author Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS  (Read 1011564 times)
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eagleflies
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February 08, 2015, 12:10:58 AM
Last edit: February 08, 2015, 12:36:33 AM by eagleflies
 #9641

You can send coins with Noble on NOBLPOS?

Not sure if this is what you ask but:
- if you owned e.g. 1 mil NOBLE at the time of switch (in this case just before the test blockchain was started) you can access same amount on PoS wallet. you just need to follow the docs -> last paragraph of https://github.com/eagleflies/noblecoin/wiki. any further purchases or sells are not going to affect your balance on test blockchain
- you can also ask someone to send you some funds on test network. just provide your address

Happy testing! Wink
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February 08, 2015, 05:18:44 AM
 #9642

- I will consider speeding PoW blocks generation up in the future since it took 10 hours to distribute coins on new blockchain. This does not seem right.

hm, not sure of this you meant 10 hours is too long? I'd assume this is regarding the premine which can be done before releasing the formal code; though it takes time (only at the beginning I'd say), the block chain will be more secure.


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jcksteve
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February 08, 2015, 05:26:54 AM
 #9643

go..gooo,time for billionnn coin  Grin

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February 08, 2015, 09:11:01 AM
Last edit: February 08, 2015, 10:07:30 AM by eagleflies
 #9644

- I will consider speeding PoW blocks generation up in the future since it took 10 hours to distribute coins on new blockchain. This does not seem right.

hm, not sure of this you meant 10 hours is too long? I'd assume this is regarding the premine which can be done before releasing the formal code; though it takes time (only at the beginning I'd say), the block chain will be more secure.

Yes, this is an option. Another one could be to make PoW blocks being mined more often at the very beginning and then slower after some time.
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February 08, 2015, 09:41:14 AM
 #9645

Please do not send money directly using 'send..' command from non-PoS wallet into test PoS wallet. This is not going to work.

The good news is money is not lost in such a case. Created FAQ explaining how to regain access to it. https://github.com/eagleflies/noblecoin/wiki/FAQ
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February 08, 2015, 10:02:32 AM
Last edit: February 08, 2015, 12:47:41 PM by eagleflies
 #9646

Tests of new PoS wallet are in progress - Noblecoin is still PoW coin though

Update 2015-02-08: about 48h of tests have passed
- we are at block 1514
- no major issues so far
- 83% of last 1000 were created using PoS. this is slightly higher than ideal 80% but nothing to be concerned about. so both PoW and PoS are working fine.
- good news is PoS difficulty went up distinctly from 0.0017 10h ago to 0.0866 now. This means our test network is becoming stronger.
- documentation is becoming better as various people hit edge cases and this is being documented. I'm still looking for more feedback on docs so if something is not right, not clear or can be improved please let me know.
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February 08, 2015, 10:19:50 AM
 #9647

Congrats on successfull switch to PoS!

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February 08, 2015, 10:27:30 AM
 #9648

 HI, I have involved more people to support NOBL,  go on with the job, even if you make donations NOBL, I will turn to the friends  Wink

9YPfr71aNLVq5p4DEor3jhGsh45RNUqMky

Thanks!

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February 08, 2015, 12:48:28 PM
 #9649

Congrats on successfull switch to PoS!

No, we are just testing the new PoS wallet. But Noblecoin is still using PoW.
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February 08, 2015, 05:34:29 PM
 #9650

HI, I have involved more people to support NOBL,  go on with the job, even if you make donations NOBL, I will turn to the friends  Wink

9YPfr71aNLVq5p4DEor3jhGsh45RNUqMky

Thanks!

Just sent you play money on our test PoS network. Please take a look at docs https://github.com/eagleflies/noblecoin/wiki and check how PoS works etc. Thanks!
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February 08, 2015, 06:15:52 PM
 #9651

Tests of new PoS wallet are in progress - Noblecoin is still PoW coin though

Update 2015-02-08: about 48h of tests have passed
- we are at block 1514
- no major issues so far
- 83% of last 1000 were created using PoS. this is slightly higher than ideal 80% but nothing to be concerned about. so both PoW and PoS are working fine.
- good news is PoS difficulty went up distinctly from 0.0017 10h ago to 0.0866 now. This means our test network is becoming stronger.
- documentation is becoming better as various people hit edge cases and this is being documented. I'm still looking for more feedback on docs so if something is not right, not clear or can be improved please let me know.

Is this the reason for the huge buy support Smiley

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February 08, 2015, 07:10:09 PM
 #9652

Tests of new PoS wallet are in progress - Noblecoin is still PoW coin though

Update 2015-02-08: about 48h of tests have passed
- we are at block 1514
- no major issues so far
- 83% of last 1000 were created using PoS. this is slightly higher than ideal 80% but nothing to be concerned about. so both PoW and PoS are working fine.
- good news is PoS difficulty went up distinctly from 0.0017 10h ago to 0.0866 now. This means our test network is becoming stronger.
- documentation is becoming better as various people hit edge cases and this is being documented. I'm still looking for more feedback on docs so if something is not right, not clear or can be improved please let me know.

Is this the reason for the huge buy support Smiley


Yeah, I think so. People are starting to notice Noble.
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February 08, 2015, 09:06:35 PM
 #9653

It seems to be propped up by some people who think that the coin supply is going to be cut off soon,  but I can't find anything in here to support that idea. 

Am I missing something?

Tests of new PoS wallet are in progress - Noblecoin is still PoW coin though

Update 2015-02-08: about 48h of tests have passed
- we are at block 1514
- no major issues so far
- 83% of last 1000 were created using PoS. this is slightly higher than ideal 80% but nothing to be concerned about. so both PoW and PoS are working fine.
- good news is PoS difficulty went up distinctly from 0.0017 10h ago to 0.0866 now. This means our test network is becoming stronger.
- documentation is becoming better as various people hit edge cases and this is being documented. I'm still looking for more feedback on docs so if something is not right, not clear or can be improved please let me know.

Is this the reason for the huge buy support Smiley


Yeah, I think so. People are starting to notice Noble.

great news, eagleflies Smiley

and a great volume on the exchanges!
vegasguy
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February 08, 2015, 09:24:01 PM
 #9654

I know this question has been asked a million times, but do you have an eta on POS? I only ask now, because it sounds like we are getting close.

Vegas

I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed Smiley https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
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February 09, 2015, 02:04:43 AM
 #9655

- I will consider speeding PoW blocks generation up in the future since it took 10 hours to distribute coins on new blockchain. This does not seem right.

hm, not sure of this you meant 10 hours is too long? I'd assume this is regarding the premine which can be done before releasing the formal code; though it takes time (only at the beginning I'd say), the block chain will be more secure.

Yes, this is an option. Another one could be to make PoW blocks being mined more often at the very beginning and then slower after some time.

This will be a perfect solution to me.

Here is a mac os wallet I just compiled if anyone using mac wants to do the test.
http://coinmagi.org/files/Noblecoin/Noblecoin-Qt.dmg


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  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
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February 09, 2015, 07:30:45 AM
 #9656

Since things are looking fine on the tech side, I guess it's time to worry about the non-tech side:

  • make sure all exchange operators can be reached, and get an advance notice
  • make a list of all other services that should be notified
  • finalize a date & block height for the switch
  • communicate that date & block height to all

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February 09, 2015, 07:59:01 AM
 #9657

Will funds on the old Noblecoin network be fine, even if they're held on an exchange, once the transfer to POS 2.0 is complete?

They will be. Exchanges are also an user, just big one. Then need to perform wallet's upgrade as other users.
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February 09, 2015, 12:01:19 PM
 #9658

I know this question has been asked a million times, but do you have an eta on POS? I only ask now, because it sounds like we are getting close.

Vegas

This month unless we hit some major issue. But going smoothly so far.
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February 09, 2015, 12:25:10 PM
Last edit: February 09, 2015, 12:39:22 PM by eagleflies
 #9659

Update on PoS wallet testing 2015-02-09

- about 75 hours passed on test blockchain
- we are at block 2754 now
- everything works fine so far
- PoS difficulty reached 1 right at the time of writing this!! so on our test network we reached about 1/11th of difficulty of Hyperstake which is an established PoS currency
- PoW diff stays at 0.0018 which is low. You can join with even slow computers and be able to mine a block from time to time
- I have been running tests with 3 wallets each holding 10 mil coins for 30+ hours so far. Was trying to check if 2 mil transaction size is indeed best to start with. So far the results confirm that. The wallet which started with 2+2+2+2+2 has earned more than second wallet which started with 10 x 1 mil and more than third wallet which started with 3+3+3+1
- supply side - after 75 hours on test blockchain just 616728 coins were added as effect of PoS + PoW. this is tiny in comparison with more than 21 mil which were added on real PoW blockchain. the ratio is at 1/34 as of now. I think this is awesome.

The plan for test blockchain is to keep it running past block 7000 as at height of 7000 PoW mining should switch off. I want to see how this affects the network. If everything goes as planned we will know code is stable.

We have couple more days to go so it still makes sense to join test efforts. Wink After you join feel free to provide your address on test network and we can send you some funds there.

Windows wallet: http://104.236.195.137/noblecoin-qt.zip
Source code: https://github.com/eagleflies/noblecoin/
Mac wallet: http://coinmagi.org/files/Noblecoin/Noblecoin-Qt.dmg

Test block explorer: https://chainz.cryptoid.info/nobles/#

Documentation: https://github.com/eagleflies/noblecoin/wiki
FAQ: https://github.com/eagleflies/noblecoin/wiki/FAQ

Plan for real blockchain is to switch this month. This is still tentative date as things may be delayed if we hit any issues. But I will try to make an effort to do it in February.
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February 09, 2015, 12:31:17 PM
 #9660

Since things are looking fine on the tech side, I guess it's time to worry about the non-tech side:

  • make sure all exchange operators can be reached, and get an advance notice
  • make a list of all other services that should be notified
  • finalize a date & block height for the switch
  • communicate that date & block height to all

Yep, I will start reaching out to exchanges this week.
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