Author

Topic: what do you think of NRS Noirshares? (Read 671 times)

newbie
Activity: 42
Merit: 0
May 02, 2014, 11:45:24 PM
#2
I would recommend coming to our thread for better discussion than the general alt crypto forum:
https://bitcointalksearch.org/topic/nrsnoirshares-pow-ending-at-50k-dacs-mandatory-wallet-update-6232014-565623

I think we are fantastic but I might be biased  Wink
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
April 26, 2014, 06:11:22 AM
#1
found out about these the other day, bought a few, and was just wondering if anybody else had an opinion on them.

About NoirShares


NoirShares is a new venture in cryptocurrency, Decentralized Autonomous Corporations (DACs), and Decentralized Autonomous Software (DAS). NRS is more than just a cryptocoin, it is the technology that provides the foundation for corporate activities such as voting, funding, trading, communication, contracts, value transfer, and more.

There are many ways to benefit from your participation in NRS. Holding NRS gives you ownership rights in future DAC/DAS and other ventures developed by Noir Group. We are currently working on and voting for the next ventures such as the NoirEx(change) and NoirSpace network (Bank, Gaming, Content, News, Chat/Talk, Shop, Advertising, and more), with many more DAC ventures to come. It is up to you to decide which ventures and opportunities are worth your participation. Since holding NRS also makes you an owner in the corporation, you are also able to suggest new venture ideas and even develop them.

Visit http://www.noirtalk.com/ to stay up to date on future projects.

NoirShares is your ticket to future Noir Group projects. Your shares are your votes and your value. This is your chance to participate in the future of the technology of business.


Decentralized Autonomous Corporations / Software (DAC/DAS)

NoirShares (NRS) is an equity-linked coin that gives you ownership rights in future DACs and DAS developed by Noir Group.  Noir Group is truly a venture-based corporation and provides the foundation for business of endless reach. From software to mining, from entertainment to r/e-tail, Noir Group is simply our versatile corporate vessel for business, and NoirShares are your proof of ownership.

Decentralized Autonomous Corporations (DACs) and Decentralized Autonomous Software (DAS) are ventures that seek to build shareholder wealth through income generation and price appreciation by delivering valuable services to customers.  Once the ventures are fully operational they no longer need the supervision of their developers.

NRS is not limited to the DAC platform started by Dan Larimer of ProtoShares (PTS). We have already begun investigating Counterparty (XCP) and Ethereum (ETH) for possible application in NDS ventures, as well as progress in developing a fiat exchange/trading platform. As a decentralized corporation we want to make sure to get a piece of every cake.


Current Ventures in Development

NoirSpace- NoirSpace is a launch pad designed for all media and altcoin related DAS/DAC ideas. rather than the altcoin/bitshares approach of multiple pieces of software running at the same time, we believe in one good all-purpose hub. NoirSpace is pioneering altcoin multi-tasking. First up, a QT-based multi-wallet. Future DAS updates to include Chat, Shop, Gaming, CDN and News, Ads, and more! Welcome to your new home!
MinterBot - DAS that stakes for you, taking the head(ache) out of (stake)! Deposit to the minterbot and watch your balance grow!
NoirEx(change) – QT-based exchange for NoirShares, NoirBits, cryptocurrencies, fiat, and re-branded sub coins built on the NRS/NBT platform.
Noir Mining- Terahashes of dragon mining power at your command. (Active, Membership closed!)
Noir Multi-Pool- Multi-Pool Mining with the Noir Group!

Project names are not final and reference internal development projects. Public release and frontend integrations may or may not utilize the Noir name. Many Noir projects are backend plugins and systems intended for re-branded frontend utilizations.

Register on http://www.noirtalk.com/ for more information about NoirShares, Noir Group, and how to participate.


The Technology

NRS itself is built as a hybrid momentum Proof of Stake/Proof of Work - NoirShares is one of the first hybrid Momentum PoS/PoW cryptos. The momentum algorithm has memory hard qualities which reduce GPU mining advantages, changing difficulty almost instantly as hashrate changes, thereby accurately reflecting miner demand.  NoirShares also runs a self-maintaining blockchain that does not need many hard forks to keep it going. What all this basically means is that NoirShares is running the latest in coin hashing tech with the most efficiency and stability, laying the foundation for a truly effective DAC.

The Specifications

Doubles as both currency and equity for Noir Group.
80 shares per block initially
5 minute block time
Per block difficulty adjustment
5 million coins will be produced via PoW
5% block reward reduction every 3000 blocks
3% stake, minimum stake age is 7 days, full age 14 days
Transaction fees at 0.01 NRS are destroyed in an attempt at aggressively countering inflation due to mining and stake
As the chain progresses and transitions to relying more on PoS blocks, it becomes highly energy efficient in comparison to pure PoW coins.
This weaning of reliance on high powered machines encourages the average user to be able to have a functioning node that if used properly can be profitable.
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