Quote from: fairglu on January 16, 2015, 08:36:07 AM

At this point, all the options are on the table, I suppose all that is needed is a final "go ahead" word to get out of the dilly-dally

I think the Magi-clone Pos 2.0 is likely the fastest/best that can be achieved at this point.

Can the community (or Rofo as ultimate arbiter) give the word for "go ahead" or "no go"?

There will be a necessary adjustments & testing phase, so even with a "go" word right now, it will just be the beginning, and it may take a couple of weeks for technical stuff, testing & polishing, and then once finalized, there will be extra time to warn all exchanges & pools, ensure they all have the new code and agree on the switch, etc.

An exchange-based switch will introduce further delays, first for negotiations, then to give everyone time to exchange (once the old chain is dead and not mined anymore, it will be stuck, and people won't be able to send funds). A premine distribution script will cut that down to just agreeing on the switch-over height, but will put a very strict deadline on the switch.

Join in #noblecoin IRC for discussions.

There is already a 'go' for a general pos from the time rofo got palm detroit to work on it. I see no reason to deviate. Exchange negotiations and such are done much more quickly compared to the buidling of pos wallet it self.

Let's not get side tracked here from the original goal.

All of these arrangements have their potential flaws and weaknesses, but no amount of effort can produce such a perfectly secure form of security. We must pick the better of all the options and stick to helping it work. POS is more secure then POW relatively speaking. Let's build a general POS wallet, and make sure it happens soon.

Also bear in mind Apex was a dead coin to start with, with little or no stake. It's 51% of the stake that is needed, not 51% of the entire supply. A lot of difference.