I have not been silent. I've been in discussions in private (one that summarizes the majority posted below) with a number of new leaders delivering community demands. Letting the new wave of leadership representing major shifts in NOBL direction be the vocal ones. Also, my stance on NOBL direction and crypto. in general is more than public (including every element posted below).
Many elements required of NOBL running have been on the table for being taken over in some form or another for months. However primary focus has been on hard forks or price. I'd advise you also find people willing to take on the elements that cost time and money rather than those that only bring financial gain. I do not work for you. Nor do I want to cheer lead and/or deal with toxicity rather than things that are productive.
NOBL will continue to have all the services prioritized that I have listed previously.
Attached so it's public. Please do not continue to use my 'good name' (or in all honesty seeming lack thereof now from this point in this 'scene') for particular projects/ideas unless it is deserving so.
Never considered myself boss. Wasn't paying myself a wage and constantly pushed for community engagement/support without me pointing fingers. Like a proper global/decentralized currency requires since it's not a business. A boss implies I'd make the rules and decisions, which is not the case as shown recently. Who is going to be owning the central checkpointing server, or is one not going to be running? He would be the closest thing to the boss.
Won't be overly vocal or pushing the PoS switch until the players currently pushing and pumping it now to profit/exit have exited and the pump is over. Not digging myself a hole again on that front nor want to look 'partnered' with them.
I don't overly support insecure PoS or cutting/controlling supply/adjusting parameters or focusing on untested protocol tweaks over service/community/crypto message to garner interest. Defeated the entire purpose and the message/meaning behind NOBL from day 1.
As you say though it's what the community chose, so I am happy now for them to deal with their choice and the consequences. It has freed me up since it was not my decision.
My plans and developments will always be available to the NOBL community, but not as a plan for NobleCoin itself, as it was supposed to be a decentralized digital currency from the get go. And I hope remains so after the PoS hype dies down in a few months and whatever the community decides to fork to then. Which unfortunately will most probably be more restrictions on supply.
So nothing I say or do should effect NOBL as if it were a business with management, since the dynamics have been anything but.
Feel free to make this post public, but I felt it kinder to leave that kind of information sharing decision to yourself.
Regards,
Jason
Now we are almost there and please do not tell me 'Nah, I do not care anymore' or 'PoS is evil I am going to oppose it'. You know what I mean?
Of course I care. I'm not posting it's evil or I'm going to oppose it, I'm just not posting support that is misleading.
- could you provide short notice at the beginning of thread saying tests are being carried out of new PoS wallet and maybe couple of links to docs, wallet etc?
I will post share a copy of the front ANN and someone may update it to their choosing.
- after the transition could you checkout the code into your repository or provide links to my repository and update the main thread?
Happy to link to new community PoS Github that someone voted controls.
- maybe you could also say something on twitter about tests being carried out? I do not want to press you about big marketing campaign but few words would be nice.
Happy to do so. However a new NobleCoin Twitter account to be created may also be best, as the @NobleCoin has grown to personal/NOXT and crypto contacts as well as just promoting NobleCoin. That is up to you.
Regarding our flavor of PoS:
- I was looking at Magi Coin's PoS and it is better than standard PoS in sense that it encourages bigger holders to split their coins into several/many transactions
- Read Magi Coin's thread and people are quite happy
- We have been running tests of our wallet for 4 days now no issues so far. The thing which surprised me was that we reached PoS diff of 1 which is about 10% of Hyperstake. And we did that with test network and about 10 participients. This makes me thinking Noble main network will be secure after the switch.
- No checkpoint server - keeping the network decentralized
- I do believe PoS is better choice for us right now. Noblecoin's PoW was successfully attacked number of times.
This is why I am remaining quiet on PoS. I have already made it clear from an informative and educational standpoint. I have been straightforward on
both PoW and PoS pros/cons for a year. I do not appreciate people who act otherwise.
- I'm glad to hear Magi Coin's PoS (as well as BC PoS 2.0) is better than PPC/standard PoS invented and developed by Sunny King.
- PoS has been successfully attacked just as often.
- Checkpoint servers are considered necessary by most of the leaders in PoS field.
- Decentralization is a catchphrase, we all know it doesn't exist in alts or BTC.
- Congratulations on 4 days of success, personally I'd prefer 2 years but I'm the patient/cautious type. That would be my vote.
- There will be zero support from me acting as though a small cap. PoS coin with no checkpointing server guarantees any sense of security over our PoW days, because I am the one who would have to deal with the backlash (and probably will continue to do so even after this post).
Possible threats:
- There is some risks of attacks in PoS world too. I do not deny it. But it is mostly small networks of coins which are forgotten.
You just don't hear about them from exchanges, or larger networks are under full control from stakeholders large enough to ensure security regardless. An issue just as large is exploits from all these new '2.0, 2.1, 56.7, X, Version+' PoS tweaks. You understand PPC still uses/promotes centralized checkpointing out of some fear of attacks, and they are at.. $8,000,000?
Current pump in prices:
- Week ago price was at 5 SAT. Now it is at 10 SAT. The average yearly price is probably around 20 SAT. Looking at these number I do not see any pump. It is just price reacting back to median value.
No comment. My stance on the short-term pump was clear. We're back to 7 with the fake support/vol. gone. I'm not accusing you of being involved (not that it bothers me any longer) but please don't insult either of our intelligence.
Other
My focus will continue to be on the business and services, but I will also become more vocal on educational/the realities of crypto. There will always be support from that angle, just not the type that some might consider convenient at times.
