Summery of recent information about NobleCoin:
This summery is based on #NobleCoin IRC channel.
Come and join the discussions!
http://webchat.freenode.net (#NobleCoin) , It is very active
- Recently noble team has grown bigger, All team members (new and old) are listed in here:
https://www.noblemovement.com/ambassadors/- Major fork is ahead, new ideas and new technical specifications will take place soon.
All future fork plans are updated (daily) in here:
https://docs.google.com/document/d/1yK5EyTipx9fwiJGfCTojHkD-vMp-p0NpDGG6UsXSEjU/edit#[..]
<presstab> alright I think I am going to test out the daemon running PoS between two nodes today
<presstab> private fork
<presstab> see how it goes
<davidlatapie> presstab: do you plan to implement HBN's multiwallet? For accounting purposes, it would be great
<davidlatapie> I am starting an long explanation about PoS. It is collaborative, come and join!
[...]
<davidlatapie> Please everyone who is wondering what is PoS, how it will work for NOBL, what should I do, is PoS a bad idea... please come to
https://docs.google.com/document/d/1yK5EyTipx9fwiJGfCTojHkD-vMp-p0NpDGG6UsXSEjU/edit# and either edit or ask question with comment (Insert/Comment)
[..]
<presstab> the document is being written
<presstab> there is no reason to think it is final
<presstab> it will be made professional[..]
-Some explanations about the POS rate:
[..]
<em> Rofo: what is this about 175 percent interest?
<@Rofo> at this point it will likely be much lower than that, id also advise reading up on the doc on the thread and the real #s that would be added new supply daily
<@Rofo> however because noone seems to be understanding real %s/security and actual #s we will be reducing it rather than try to educate on the thread
[..]
<@davidlatapie> Rofo: if you reduced the interest too much, you will lose a lot of interested people for the high-pos crowd (read = newcomers). Everything below 100% (or even 125, since the 100% region is already quite well populated will probably be a fail, IMHO.
<myeagleflies> Rofo: I second what David said. after reading a bit on high PoS and thinking about it seems to me 170% is reasonable.
<james6546> +1
<presstab> discussions with tranz and rofo and encouragin lower inflation
<presstab> like i said all of the numbers are still theoretical
<presstab> we need to make sure to put noble on the long term path to success
[..]
<em> If we assume everyone getting 175 percent interest sells what they gain in interest, that's going to require a huge amount of buying in order to keep the price from going down.
<em> We need long run path to success.
<presstab> i totally agree
<presstab> i thnk nobl has potential to be in the top 10 coins 5 years from now
<@davidlatapie> em: presstab already has several antiinflation systems in the code (dynamic inflation and max subsidy). So far, I think the biggest issue is human-related: the numbers scares people, irrespective of the builtin securities
<em> It needs a very well written explanation and an "Answers to Anticipated Questions"
<em> When I first see 175 percent interest, i am shocked.
<em> My first reaction is that there will be more Noble coins than protons in the universe.
<presstab> high interest, but the inflation is designed to be controlled by the maximum stake subsidy parameter
<presstab> but we will probably dial both of those back
[..]
- Some teasers
[..]
<Rofo> i might be able to be much more open next week
<Rofo> there has been something in the works that ive had to keep quiet about but perhaps not for much longer, though no promises
[..]
<cryptobum_> hows work coming along??? the google doc lookin good!!
<Pikuchato> I follow the google doc as well , you guys are serious
<Pikuchato> I'll be happy to know as well, hows work coming along???
<Rofo_> hoping presstab can answer that this week, its looking good so far, also getting some great input and QC from tranz
<Rofo_> i have a very important meeting on tuesday related to cryptocurrency and indirectly noble
<Rofo_> im hoping i have some (literally) mindblowing news i can release this week or next
<Pikuchato> awesome
thank you
[..]
- David is playing around and causing a panic buy
[..]
<@davidlatapie>
https://bitcointalk.org/index.php?topic=678849.0<Rofo_> ahhh nice
<Rofo_> gl
<Rofo_> is he testing some of the noble fork stuff in there?
<Rofo_> test of the PoW>PoS?
<Rofo_> up 431% lol
<Rofo_> good old takeovers
<myeagleflies> davidlatapie: interesting
<myeagleflies> it looks like hostile takeover
<myeagleflies> corporate world in alt coins
<Rofo_> kind of, just a fork though with original still maintained and you guys will request HYP on bittrex seperate yeah?
[..]
<@davidlatapie> Rofo_: HYP is a fork launch, unrelated to NOBL state of affair. But we plan to test some later (not only for NOBL but also for HBN, CAP, TEK, PHS, GRW...). But some NOBL features are being tested here I think (like presstab's code for inflation control). Don't quote me on this, though, ask presstab
<Rofo_> no dramas
<@davidlatapie> myeagleflies: not a hostile takeover. Not even a takeover, since TRK will continu to exist
<@davidlatapie> Rofo_: yeah, we will request on Bittrex, allcoins and others.
<cryptobum_> well u made trk go up 500%!!!!
[..]
<Pikuchato> davidlatapie why not a noble fork instead?
<Pikuchato> we could all participate
<cryptobum> that wld v been fun
<cryptobum> with some insane rate of interest lol
<cryptobum> 1000%+
<@davidlatapie> Pikuchato: well, presstab wanted to play with a promising-but-dead coin. The fork launch will probably be bad for TRK, you don't want this for NOBL
<@davidlatapie> The 750% will not be as high as you think because we have implemented some inflation control
[..]
<@davidlatapie> CrazyLoaf: HYP will also act as a sandbox for NOBL. What work with HYP may go to NOBL
- Awesome community!
<KultusNagrand> hello all, hope everything is going smoothly, just thought I'd pop in and say Hi see if there was anything I could do <-- social media whore / marketer - radio host ( don't worry I am pushing already but is there anything specific you want me to focus on at this time ?)
<NorrisK> cool how much different skilled people noble attracted recently
<KultusNagrand> oh I have been here since day 1
I was mining the first second the block was avail to public pools
<NorrisK> cool
[..]
- Things are moving...
<Boreiv> can you give us a rough update on the progress?
<Boreiv> just so we are informed
<presstab> yep I am going to do a hard fork that will be private
<presstab> going to setup a couple dedicated servers for it
<presstab> and anyone thats wants to participate in the testing is welcome
<presstab> i did a fork like this yesterday, helped me work out some of the kinks
<Boreiv> ok so still testing phase
<Boreiv> don't want to confuse anyone into thinking it's hardfork done in secret
