Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS - page 92. (Read 1053097 times)

it seems we got delisted
https://bittrex.com/Market/Index?MarketName=BTC-NOBL

so much for noblecoin on bittrex

Sent.

The behavior I described should happen only for wallets with long periods of inactivity.

A reminder Slack is up for those interested, just send me a message.

So nowadys "innovative" or "advanced" is not good anymore and people just want plain old and simple? Sometimes I don't understand this forum.

Indeed, for PoW, miners and pools handle the security, and you pay for it in the form of inflation, selling pressure and risk (if the pools go offline, multipools jumping in/out, etc.).
For PoS, stakers handle the security and are paid for it by interest.

However security is a 24/7 concern, and staking 24/7 is thus the only way to secure the network.

Staking once in a while can actually be very detrimental to security:

• when the stakers comes online with a heavy stake weight, they will find many blocks in a short time, which won't have time to propagate, and thus can result in orphans/forks (dozens to hundreds of blocks forks do happen that way)
• when the stakers are offline, they are not there to secure the network, which is thus more vulnerable

This is a feature which provides an incentive for people to open their wallets more frequently. From security point of view this really makes sense. In POS realm security is provided by coin owners themselves. There is no miners who secure coin.

People are different hence you may not like it. But in my view coin with more people keeping their wallets open is 'better' than another coin which does not have so strong community.

Its not a mess, its a deliberate feature to protect the coin from attacks / double spends by big holders as it is not possible to stake half of the coins at once. You just need to be more active in opening the wallet.

Thank you for the clarification Rofo, at least it was better than a pure swap done by an exchange.

I also think a step back to the drawing board would provide members of this community a much needed chance to reengage and determine an approach with NOBL in this dramatically different alt-crypto realm from what it was a year ago. Once again, best of luck with it all.

This is the way PoS II works. Please check https://bitcointalksearch.org/topic/ann-xmg-magi-cpu-mining-mpow-mpos-magipay-735170 and read section "8 POS II". Pay special attention to chart no. 2. You can see that coin age increases until it reaches its highest point then it starts decreasing. This is an incentive to open wallet frequently. If someone opens wallet e.g. twice per year it is unlikely he/she will earn any interest. At this point one has to send all his money to new address in his wallet and coin age will start increasing again.

Not sure why you keep talking about this. Coins were created and distributed to same addresses as on old blockchain. Surplus was burnt. In fact this premine is better documented then premine which you did at the very beginning.

  is PoS working? i have coins in wallet since 3/4/15, they've not moved, but the wallet says "not staking because you don't have mature coins"

using v2.0.1.0/win7, wallet unlocked for staking

Somewhat yes. After one year and with the progress with my plan for NOBL not being overly well received I did take a step back. I also lost the capacity and time to continue to drive NOBL as much as I was.


Unfortunately this is not the case. It was a bootstrap/swap with extra coins created, not a fork.

I have created a Slack group for NOBL/NOXT if members are interested: https://noxt.slack.com.

I would be happy if we took a step back and went back to the drawing board, to see how we can move forward.

Great summary! I have to admit i also stopped following most coins on a daily basis.

I think nobl Will get a good boost out of noxt when rofo manages to get stuff rolling. Untill then, i think mist People domt know where to take nobl, even id they would take the lead.

So, it's been a while since I've popped in here, but it looks like there has been quite a number of significant changes hasn't there?

I tend not to follow particular coins anymore (mostly because I don't particularly care for alt-crypto anymore), but I've always had a special spot for NOBL. With that said, these are my observations:


Rofo has divested from NOBL from both a work capacity, and from a direct-development capacity. However, despite him being "separated" from this path, he's still setting up the framework around NOXT to be functional with NOBL (the "dysfunctionality" that exists between himself and the other NOXT stakeholders are a whole other issue).

Because of that there is no clear development path for NOBL, nor clear sense of community focus from this once strong community. Eaglefiles worked as the technical (and I think is still functioning in that capacity), but no one has decided to step up to fill in the business leader void (mostly because a lot of people are confused on whether Rofo will step back in; from my vantage point, it seems clear to me that he'll provide service but not direction). In order for NOBL to have a continued presence, someone or a group of people will have to fill that void.

As it stands now, there is no "roadmap" (the buzz word in the land of crypto), or better yet, a plan of action. Roadmaps are finicky, but plans of action allow people to dedicate responsibility for development. There have been quite a few strong people that have come along for this ride; it may make sense to find a foray to build upon.

Fortunately, it looks like the fork (to me it seems this was a pure fork) worked successfully, something that is worth being praised about as a testament to the legitimacy of this coin. There have been so many other coins that have failed a fork from PoW to PoS (or instead relying on "wallet swaps"), that many assume that a successful fork has never happened. This is one of the few coins that can actually say, "look, we made it work."

If this coin is to continue on, it's going to need to be community-driven. It's just a matter of finding those who are willing and able to take the lead. The ambassador approach was a really strong idea; and maybe that idea can be revisited in this new crypto-environment.

And finally, to be frank, it's not the fault of NOBL in and of itself that led to it's current state. It's more due to the fact that this coin was created at the beginning of the BTC bear market of 2014. I'm confident that if this coin wasn't made in the midst of a terribly bearish market, things would be completely different. However, now that the BTC peg is much more stable, things can be different if this community decides to take up a position to follow.

Oh well, that's my two cents on NOBL, best of luck to you all!

I'm afraid that in its current state, nobl will be on the chopping block every other week, even when we manage to get the volume up again this time..

Yeah, I was speaking in regards to legitimately buying enough to raise volume. But you're right.

Well, I used coin control and resent the coins to myself and now I have a lot of weight and I have hit some stakes again.

much less than $260 , to trade 1.1 BTCs of vol with yourself would prob cost around $10-$15.