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Author Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS  (Read 1010907 times)
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Lovethecoins
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March 02, 2015, 01:05:25 AM
 #9941

This fudding caused some cheap coins Smiley

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March 02, 2015, 03:52:02 AM
 #9942

My approval is not needed. You already had it anyway. Make the switch. I'm not a dictator.

What I was not interested in was pretending PoS is something it is not. I actually prefer it to PoW longterm when I think of potential. But my timelines are in years not months. Or my opinions or 'advice' on many things have suddenly shifted. Or that I've somehow done you all wrong as if I owe you every moment of my life. But I'm not partaking in blatant cheerleading and misleading facts with the half a dozen broken English speaking newcomers.


Rofo: Glad to see you are still around and, thank you for posting. It's not about any individual, its about the project and long term goals and values and your vision has guided the coin through hell and back. No one can take that from you, you deserve all the best.

Eaglefiles: And, I thank you for your part and for recognizing that there was some unsettled business, that was professional of you. Please carry on in the best tradition of Noble and we will support your efforts.

Let us move on now to a new era...

DNotesVault
“First, they ignore you. Then, they laugh at you. Then, they fight you. Then you win!” – Mahatma Gandhi 
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eagleflies
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March 02, 2015, 07:41:52 AM
 #9943

My approval is not needed. You already had it anyway. Make the switch. I'm not a dictator.

What I was not interested in was pretending PoS is something it is not. I actually prefer it to PoW longterm when I think of potential. But my timelines are in years not months. Or my opinions or 'advice' on many things have suddenly shifted. Or that I've somehow done you all wrong as if I owe you every moment of my life. But I'm not partaking in blatant cheerleading and misleading facts with the half a dozen broken English speaking newcomers.


Thank you. We are going forward with migration to PoS then.
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March 02, 2015, 08:45:16 AM
 #9944

My approval is not needed. You already had it anyway. Make the switch. I'm not a dictator.

What I was not interested in was pretending PoS is something it is not. I actually prefer it to PoW longterm when I think of potential. But my timelines are in years not months. Or my opinions or 'advice' on many things have suddenly shifted. Or that I've somehow done you all wrong as if I owe you every moment of my life. But I'm not partaking in blatant cheerleading and misleading facts with the half a dozen broken English speaking newcomers.


Thank you. We are going forward with migration to PoS then.

Excellent.

The PoA campaign will kick off at around 2:00pm GMT today and will be running for 5 days
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March 02, 2015, 09:19:50 AM
 #9945

just for info  :  c-cex support did not know anything about a swap they say , so i am sending them now to bittrex

Thanks for this information. This is first time I heard Noble is quoted on this exchange. Going to contact them today.

Rofo: Our website contains informations on exchanges which is not up to date. Could you please make following modifications:

1. https://www.noblemovement.com/ ->
- Remove 'Altmarket' and 'Vault of Satoshi'
- Add 'Cryptsy'

2. https://www.noblemovement.com/exchanges/ ->
- Remove 'Bleutrade', 'Coinswap', 'Coinex', 'Lazycoins', 'Cryptokk', 'Mintpal', 'Openex', 'Vault of Satoshi'
- Add 'Cryptsy', 'AllCrypt.com', 'comkort.com'
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March 02, 2015, 09:34:11 AM
Last edit: March 02, 2015, 09:47:29 AM by eagleflies
 #9946

------------------------------------------------
Information on exchanges readiness
------------------------------------------------
- Poloniex.com - had conversation with them via tickets. they are aware how to proceed with the switch. Recommended exchange for switch
- Bittrex.com - had conversation with Richie on IRC. they are aware how to proceed with the switch. Recommended exchange for switch
- Cryptsy.com - opened ticket with them and their 'Crypto Currency Manager' put it into work in progress so he read it. however he never wrote single word. Cryptsy is big and well known exchange so they will most probably proceed fine with the migration.
- comkort.com - exchanged emails with them
- allcrypt.com - exchanged emails with them

Missing bits:
- c-cex.com - going to contact them today
- www.swisscex.com - going to contact them today

My next steps:
- calculate block height of the switch and send this information to all exchanges
- contact all our Pools, faucets and block explorers with information about switch
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March 02, 2015, 09:43:04 AM
 #9947

Shutting down test network

If anyone is still running test client please shut it down.

Procedure how to clean up after tests:
1. If you participate in tests please stop test wallet.
2. Remove data directory (windows: C:\Users\username\Appdata\Roaming\NoblecoinPOS), (linux: you can delete everything except noblecoin.conf from ~/.noblecoinPOS)
3. Wait for new wallet which will be provided at the time of the switch
eagleflies
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March 02, 2015, 10:21:35 AM
 #9948

Roughly how many noblecoin are mined a day

7.2M per day.

that will be a nice reduction when POS comes Smiley

pos will theoretic create 4.4 million a day



so we get maximum inflation of about 0,5 mil per day

This is the average inflation per day. Let me explain. Let us say 50% of all coins are being kept in wallets which are online all the time. These will be generating about 0,25 mil per day.

However let us say owners of remaining 50% of coins will be starting their wallets every 10 days. If this happens they will be earning interest for the whole 10 days on the 10th day. This will cause many more coins generated on the 10th day than on each previous 9 days.



1. Simplified answer

If we simplify this example and presume all the coins (100%) will be able to stake on the 10th day then the amount of coins generated will be about 2,75mil on this exact 10th day.

In total (0,25 * 9) + 2,75 = 5 mil of coins will be generated during 10 days

This gives you 5 mil / 10 days = 0,5 mil per day



2. More complex answer

We ignored several important factors in previous paragraph. Most important is fact that there is only 40 blocks (on average) generated by PoS every hour. This gives about 960 blocks per day.

In reality wallets are going to compete with other wallets for all 960 slots which are available. Some transactions may need to wait longer to be able to stake.
eagleflies
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March 02, 2015, 11:16:43 AM
 #9949

fairglu: Could you please provide your Noblecoin's address for donations?

I would like to suggest donations to fairglu for his help:
- he provided test block explorer which helped us with testing
- he is going to generate the script which will be used to distribute coins over PoS network
- promptly answered my numerous questions Wink
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March 02, 2015, 11:48:18 AM
 #9950

It seems the trend is good.
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March 02, 2015, 12:35:45 PM
 #9951

Good to read that everything is resolved for the switch.

How much of the premine is left? Can we use this to set up some permanent staking?
eagleflies
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March 02, 2015, 12:43:57 PM
 #9952

Good to read that everything is resolved for the switch.

How much of the premine is left? Can we use this to set up some permanent staking?

I do not have information about original premine.

I am creating new premine, as we speak,  to distribute coins on the new blockchain (the same way it was done in tests). Unused coins will be burnt.

Regarding security of whole network: it will depend on whole community so everyone should try to keep their wallets open. Of course not everyone is going to be online all the time, but the more we try the better. Wink
bitcoinmar
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March 02, 2015, 12:51:16 PM
 #9953

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March 02, 2015, 12:55:17 PM
 #9954

Eagleflies - Are you leaving us after the switch or will you stay on?

│▌
  terraGreen 
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●●●     ISO website     ●●●
   Youtube Quara Medium   
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March 02, 2015, 01:05:41 PM
 #9955

Eagleflies - Are you leaving us after the switch or will you stay on?

Transition was tested twice already and things went well so we should make the real switch without much pain too. Then if everything works fine we will not need to do major changes like the change we are doing now.

So I can probably work on some updates if they are needed and if Rofo is interested in cooperation after the switch. However I have also other projects to work on and I will not be able to devote as much time as now to Noble. One has to earn a living you know Wink
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March 02, 2015, 01:50:54 PM
 #9956

http://photo.pds.org:5012/cqresearcher/document.php?id=cqresrre2014092600

gluck
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March 02, 2015, 02:08:39 PM
 #9957

Where can I see the new or test POS block chain?
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March 02, 2015, 02:29:13 PM
 #9958

Eagleflies - Are you leaving us after the switch or will you stay on?

Transition was tested twice already and things went well so we should make the real switch without much pain too. Then if everything works fine we will not need to do major changes like the change we are doing now.

So I can probably work on some updates if they are needed and if Rofo is interested in cooperation after the switch. However I have also other projects to work on and I will not be able to devote as much time as now to Noble. One has to earn a living you know Wink

Well I think I speak for everyone here in saying that we hope that you can continue to work with Rofo and this community in some way after the switch. Maybe this will push Noble into a much larger market cap and allow for you to be compensated well enough to work more on this project. We appreciate all you have done for us.

│▌
  terraGreen 
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   LinkedIn Reddit Github   
●●●     ISO website     ●●●
   Youtube Quara Medium   
▐││▌
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March 02, 2015, 03:47:57 PM
 #9959

Where can I see the new or test POS block chain?

The new one will be live on Wednesday after 5pm GMT.
The test one was switched off today.
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March 02, 2015, 03:48:39 PM
 #9960

Eagleflies - Are you leaving us after the switch or will you stay on?

Transition was tested twice already and things went well so we should make the real switch without much pain too. Then if everything works fine we will not need to do major changes like the change we are doing now.

So I can probably work on some updates if they are needed and if Rofo is interested in cooperation after the switch. However I have also other projects to work on and I will not be able to devote as much time as now to Noble. One has to earn a living you know Wink

Well I think I speak for everyone here in saying that we hope that you can continue to work with Rofo and this community in some way after the switch. Maybe this will push Noble into a much larger market cap and allow for you to be compensated well enough to work more on this project. We appreciate all you have done for us.

Thank you!
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