Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS - page 236. (Read 1053172 times)

I have been looking into it and will read the thread more today. The question was asked though what would prevent someone from just having 100s of wallets open?

You've made a case for 'queue mining'.........researched it yet?

I still laugh at it, but still..

I understand here and I originally believed we would be left relatively alone once profitability was not there. I followed the classical thinking that is still prevalent in that if a 51% is not profitable or in the attackers best interest money-wise we would be left alone. However we were at 64th profitability for days (and they loved it/laughed at it). A 51% also occurred when we were at 999 confirmations on Mintpal and 1.5GH (16 hours of a private chain to 51% us). I don't remember the exact maths but there were far, far better targets than us for that attack and such a timeframe is quite risky/likely unprofitable. It's become increasingly clear that this recent round was not profit-driven, rather target-driven., and the pockets of some of these other groups & multipools are very deep.

I had hoped through hard work and staying the course/proving our case we would be a lot higher in market cap and hashrate security at this point. That's why I stayed the course, because I thought we could get there organically after 6 months of infrastructure/trust/work. I was wrong. If you don't take this scene for a ride, it will take you for a ride. We need to protect our blockchain, our security and our value. PoS allows that moreso than PoW and I'm obviously not happy that doesn't make some people happy (not directed just at you Hueristic). I know the criticism of forking, distribution, & the issues facing PoS, I've been quite vocal in what it can mean for a long time. However if we don't do this we're delisted from the majority of exchanges and the current state of our thread would look like a walk in the park in comparison.

There are however a lot of positives that come with a PoS switch, and I hope we include those points & discussions with some of those who positively support PoS also.

Also regarding the PoS, PoW/PoS mixup I apologise. We wanted to go PoS, then understood an initial PoW/PoS fork would run smoother with less chance of abuse. That would make a pure PoS fork in the future easier. Then there is the fact PoS is unproven in comparison, and a PoW/PoS allows for redundancy should a worst-case scenario for all PoS coins eventuate. I've been open about the current situation as it were at that point in time rather than remain silent and then give all the info. out at once, because we are still discussing and testing it. There are no final decisions being made and that's why this thread and feedback is still relevant and important.

slightly disturbing.....?


i ended up spitting coffee all over my monitor.

No argument here, I remember this well.


Algo's that are not ASIC cost far more to rent. But yes a determined flush attacker will prevail if there pockets are deep enough even against BTC, but that doesn't mean we should not make it as costly as possible for them to do so.



I also remember this quite well and if we had changed at that time who knows what would have been the outcome? What I can tell you is they stayed on us because we were one of the few that didn't change. I also remember we (the community) stood behind you the entire time and took our lumps together.


I disagree, they would have stayed on doge or LTC. They really cared not who they dumped on they just wanted a quick profit to dump and buy BC. We were a profitable coin at that time so we got slammed. That should have been the time that we as a community had this discussion. but there is no going back and this coin will continue as long as you and this community stays strong.


Correct and I applaud you for that. but most of the users that do not frequent this thread don't have a clue about that. So I recommend this because Of them. I have faith in your fairness and leadership.

I request that you start another thread with what you feel are our choices and why so we may all debate them. Of course It is your coin so I will defer to your best judgment even if I do not agree with it (which right now I only disagree with staying scrypt).

We can make another unmoderated thread for this if you choose. I have deleted a few posts in this thread since inception. 1) & 2) the scam pool & exchange spam, 2) the pool that quoted itself over and over and over again in huge red text.

Everything else remains, including that slightly disturbing swimwear picture inferring I'm gay.

We also took into account the last months of and dozens of PMs that were anti-ASIC, anti-miner and demanding action as well as IRC logs. You just need to soak in the entire thread again to see that those in defence of ASICs and sellers (mostly myself) were far outweighed by those against. mIRC it was majority positive as well as this thread.


Our market cap is $150,000. Our hashrate is 1-2GHs. You don't need ASICs to do this. You need to rent rigs for 1BTC and you could do it daily at approximately a .1BTC loss. That's why the algo is irrelevant. I still don't believe the primary actors were ASICs, as I KNOW a large factor was the PoS multipools. There are hundreds of setups that don't involve a single scrypt ASIC that could do this to us. The GPU/smalltime miners are indirectly responsible in some ways, they've given their power to malicious actors (new wave of multipools) over the classical profit-driven actors (mine & dump for BTC).

Go back to the older BC thread when their slogans were 'once you go black, you don't go back' & 'we are borg, assimilate all shitcoins' and see some of their original targets (NOBL). That was when we started getting forced on 64th profitability for days, when our difficulty started spiking over & over again to try and get us stuck in the 60-80 range (resolved in 15mins by single-target) & when the PoS multipools started becoming 75% of the amount mined.

If we change algo., they just dump another algo. besides scrypt on us..

hey Presstab ive contacted the dev. he should contact Rofo soon.

it's me john___ on irc

No worries, as NorrisK posted before I got back easy to misinterpret over the net.


Correct, Often being abrupt and direct even in person can be misconstrued. And I do come across that way in person as well.



Thank you James, this may be a first.

As to my questions, I'm sure Rofo will address them.

At least the price it´s very stable, seem like holders are waiting to see where the POS goes.

Totally agree on this one

I'm actually with Hueristic on this.

We were told that there would be a consultation on what path the coin was to take, and that it would be in the thread. Then we were told it was going to PoS.

Not being negative, just sayin

Biggest problem from not communicating face to face: Misinterpretation of eachother.

Like I said there hasn't really been any decision making, so posting a thread about it would essentially be blank. Here is my work https://github.com/presstab/NobleCoin . It seemed like you were being a bit hostile, but maybe I was interpreting your posts wrong, I apologize if so.

I have every post in this thread. I am not being hostile. I am pointing out facts as I see them and I have not time to spend 24/7 in a chatroom. that is the reason BBS was designed in the first place. How about you start a thread and post your logfiles and I will catch up that way if you do not wish to post the decision making in this thread. As I have noticed you are deflecting from my point. and have not answered any of my questions either. I've been through critical thinking courses as well so know the methods to distract from valid points and/or criticism. That last sentence was not comprised of an  "aggressive hostile attitude" is is a statement of fact.

You can ask any question you need an answer to and we can try to get you an answer, there is no need to come in with an aggressive hostile attitude, we are all here to make the coin better. Also feel free to jump on IRC to ask questions, #noblecoin.  Or you can go through the last ten pages of the thread and read about the decisions that are being considered.

I have not criticized you I have criticized the lack of information being supplied on the decision making process. I am not questioning your skills as I am not aware of what they are. I think the issue is the wording being used.

You and Rofo need to start using Qualifiers in your posts. I was criticized when I was Senior Hardware engineer in the past because of my lack of communicating my decision process but was completely assured my technical skills were beyond reproach. And they were correct. We need to learn that making decisions without the added logic behind those decisions looks to outsiders as dictates even though we put untold hours into the research before making those decisions.

A general statement is never aimed at one person even if that person is named "The one".

Hotcoin is also anti-botnet......how it does that i don't know. Why don't you download Hotcoin and see for yourself and any flaws that you discover.

Yes great....already decided.....no debate.....yipppppppeeeee - NOT