Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS - page 196. (Read 1053098 times)

One thing I will say for noble marketplace, it needs some UK/Euro amazon cards as we can't use the US ones here in UK and vice versa making marketplace not worthwhile for Europeans unless we want to send gift cards to Americans. If Noble wants to be a global brand it needs global incentives

i hope so...

if Noble becomes a direct avenue for gold,silver, and platinum... that can't hurt.

just think.... being able to trade without having to convert into any other currency. 

Support from me too!
I noticed that platinum coins were for sale on marketplace. Does that mean that you have licence and gold soon??

Supporting the idea as well.

Interesting idea - supported.

Actually it's past time that people realize the current 'marketplace' hypes that some altcoins try to use have already been legitimately implemented by Noblecoin since its inception.

This will be a good way to offer crypto currency a marketplace at very affordable rates, with significant benefits and solid, long standing structure that is already built and proven.

Given the current rate I'll be good for at least three days.

Marketplace

Currently doing final brainstorming on how to leverage the Marketplace to further demand in NOBL and increase price (offering services in exchange for NOBL). We're thinking of accepting other coins on the marketplace for a fee and allowing them to fund their own promotions. Any loss in our 15% competitiveness (if other coins offer them for a timeframe of a month or two) is made up by us charging NOBL for the listings/promotions and building stronger relationships/contacts between coins.

For example, say *coin wanted to be accepted on the marketplace and promote their coin @ a 20% discount for two months. They can fund permanent listing on our marketplace and then as an extra fund their own promotion for 2 months. Profits from these arrangements will be used to market buy NOBL and take them off market as well as fund extra development. It's also a direct way of improving relationships and exposure for our marketplace, NOBL & other coins.

Looking for feedback and suggestions, preferably constructive. Coins are paying huge amounts to be listed on brand eCommerce sites so they can have real-world use and/or trying their best to build their own marketplaces. Why not get involved and sell our current offerings for NOBL and become a brand eCommerce site ourself? If we leverage the deals/services right we can work with lots of coins to look more appealing than fiat and improve NOBL demand/price at the same time.

I think it can be a good idea. Perhaps a final tick asking if they are OK with sharing their PoA for an extra bonus (minus the IP perhaps) so it is voluntary. Let me know if you need more coins.

Just updated the PoA campaign to my latest software build!  
Cleaned the interface up some.

A question for the community:
Would you like to see a results page for the PoA Campaign that shows everyone who submitted actions?
I'm thinking this may ad a little more trust?
If so what information should be shown?
Username, Noble address, actions performed, Ip addresses?

Checking facebook, here's an interesting fact:
Campaign was launched 10 days ago:
Over the last 7 days:
We've had 89 new page likes, making for a 13.3% gain in followers on facebook!

An interesting read from The Old Lady of Threadneedle Street.....


http://www.bankofengland.co.uk/publications/Pages/quarterlybulletin/2014/qb14q3prereleasedigitalcurrenciesbitcoin.aspx

The Marketplace update deserved an article so here ya go :

http://www.cryptoarticles.com/crypto-news/noblecoin-marketplace-adds-psn-xbox-steam-blizzard-and-many-more-gift-cards-at-15-discount

I think as a community we care pretty well at this point with holding longer-term and securing the chain. There will also be plenty of incentives for stakeholders from a non-protocol perspective. 

Also used the delay to stash some more

And yes PoS is not a panacea, it removes the issue of Multipools jumping and dumping (the jumping being probably the most annoying, dumping reflects that you can't secure a network for free), but PoS moves the onus of security to all Noble stakeholders, for them to stake as much and as often as possible to secure the network.

From recent experience, it's very easy for a PoS chain to err and fail if there are few servers staking (as in 24/7) vs just wallets on PC or Macs (often offline, or with limited connectivity). So people need to stake, this means not just a high enough interest but also an incentive to stake all the time, maybe through limits in stake age (not the maximum age of the transaction, but the maximum age taken into account for the interest).

Ideally a wallet staking 24/7 should get higher rewards than a wallet coming online once a month, and that's not always the case depending on the staking parameters. In practice, big wallets coming online just from time to time can fork the blockchain if there are not enough other stakers online, especially if they have poor connectivity (like a home PC on a wifi with a sluggish ADSL... or worse).

Making a PoS blockchain safe is simple and cheaper than PoW, but it still requires for the stakeholders to care.

Constructive feedbacks are always appreciated. Please consider joining in on IRC freenode #noblecoin

No worries, as always my response is usually a culmination of the days PMs so I did not mean that as an attack against you. The PoS delay was primarily my fault for trying something that perhaps was not necessary. A hard fork was a greater challenge that under intense scrutiny longer-term (years) faired better than a delay in a wallet swap and helped us on a protocol-education level. I'm most probably wrong on that part at least as we've got plenty of other means of proving ourselves and moving forward once this is over and done. I was also fussy on the devs to work with due to trust issues (and wanted to reward the highest talent possible the largest share), the options were all amazing but they are just swamped with work and real life and not to blame for the delay in the slightest. The market didn't like it so much, unfortunately myself and many core supporters have all the patience in the world comparative to outsiders who are used to jumping around.

Thanks for your reply Rofo.

I'm confident that once it's deployed it will be right.

Sorry if that sounded like harsh criticism, if anything this turmoil period helped me triple my investment in NOBL so I guess i shouldn't complain.

Indeed what happens outside of the technical side is what will make the coin successful in the long run. NOBL is not a shitcoin clearly, but it may be perceived as one by some due to the lack of clarity/indecisiveness on the programming side.

PoS it is; merge-mining may only just delay the inevitable for PoW... Follow-through is certainly more important for NOBL than technology.

I'm eager to see this page turned!

I've become generally an uncomfortable blend of 'too honest' & semi-professional in a way that doesn't work for some. People either love me or hate me, but it's just because I'm attached to altcoins, have lost a lot building certain things up (while copping a fair bit of private hate) and I hope noone takes anything I say as a personal serious attack. We'll leave the professionalism to the salespeople and mainstream pundits who know so much that isn't so.

Crypto is really stepping out of the cradle, and looks like rofo is leading the charge

People have to stop thinking about all this in terms of magic internet money and actually think of it in terms of new technology with actual potential. That's what's keeping crypto down in the end. People are just not serious enough or appreciate the kind of work needed for this kind of thing to be mainstream.

I am glad to see rofo understands and has the drive and vision to step above the crypto pump and dump atmosphere and treat it professionally.

Think professional. That's the only way to really succeed.

By slow compared to other coins I'm assuming you mean the wallet swaps rather than a hard fork we wanted to attempt (a first at the time and I believe still so), or the PoS switch already built in to the code when they're released after 7-14 days of 'fair distribution'?

And you're right PoS was not on the table and we had no experience for it. I was ready for a BTC core update, merge-mining and reduced supply because I believed they were a better option during the BC PoS hype rise and PoW was what I knew. I like PoS, but personally I think the misinformation and market manipulation of the PoS wave is the worst thing to happen to altcoins in 2014 (death of PoW, misinformation on 51% immunity & protocol security, complete supply restriction & control for P&D crews, guarantee price rises thanks to multipool, 'get-rich-quick' marketing junk).

We needed a new developer with experience and knowledge of PoS before committing to PoS and that was the reason for the delays/discussions. We're committing to funding & improving the PoS protocol as best we can once the switch happens, but there are just as many challenges to overcome as there would be staying PoW. Funnily enough months later PoW and merge-mining security potential is being 'discovered'.

Perhaps we should have been more clear on the coins future like Auroracoin & Maxcoin (perhaps we didn't discuss/share enough here? https://bitcointalksearch.org/user/rofo-198862) and we could have made Mintpal v2, but from day 1 we focused more on use-case, education and charity rather than constantly forking to new specifications that generally resulted in protocol-level bugs or market control > pump&dump. Moolah has not responded to my emails or tweets since they came out in Jan.

But hey, for 8 months we've been wrong and we really need to 'make things right'.

Edit: It's hilarious that the scene has turned into a 'must hard fork every month or 2' to stay innovative rather than let things run its natural course like BTC/LTC and discuss/test/plan/educate & build over a more realistic long-term timeframe. Notice all these teams that work real fast? 9/10 work real fast for a month or two until they're done selling then disappear. Altcoins have really beaten me down to be honest, so you're probably going to see me be more assertive and get things done now rather than try to take things slow, help, discuss & educate.

So, 8 months for a hard-fork gets you excited? Psychology can be funny, I'd encourage you to check this- http://danariely.com/2010/12/15/locksmiths/

I'm a supporter of NOBLE from day 1 but this situation with the move to POS looks incredibly bad.

The Noble team probably wants to make it right and think it through thoroughly, and release a fully stable and perfect version. It looks serious (and I'm sure it will be), but damn it looks slow compared to other coins, and not so reassuring re the team's programming skills.

This is probably the low programming efficiency and the ongoing lack of clarity on the coin future that lead to V2 not including NOBL... think about it.

I hope when this is sorted out Noble will continue to grow in popularity and appeal, but certainly the past few months were not good at all in that regard.