I was here when Noblecoin launched [username GBattaglia, account currently in escrow], and have actually used it for services like gift cards. I'm saddened to see how things have panned out for the coin.
I understand Rofo has become disenchanted with how things have gone and how the crypto scene has evolved/devolved over the past year.
What puzzles me is the "original vision" and how it was supposed to pan out with recent events. In your "State of Crypto" you touched on the point of ASICs,
but Scrypt ASICs was one thing that threw a wrench in the gears of NobleCoin [and all other Scrypt coins]. I'm not sure if I'm recalling correctly, so feel free to correct me if I'm wrong.
1. Noblecoin was doing well, although often had people who were suspicious of its premine and other attributes.
2. A massive pump occurs [as with most crypto currencies during this time].
3. A massive decline in price now occurs.
4. Network begins to decline in hashrate.
5. Threats of a 51% attack arise, price falls even further.
6. ASICs offering the ability to easily obtain the hashrate of what once required massive GPU farms [300Mh/s per miner now] begin surfacing.
7. Issues with difficulty arise, hashrate is even lower, transactions become unreliable in regards to time needed for confirmations.
8. Rofo is in talks with devs for PoS, and for many, many, months [in regards to the crypto-scene], NobleCoin is in limbo.
I don't see how NobleCoin could have stayed alive with Scrypt. Even Litecoin and DogeCoin had to take measures with the changing environment.
PeerCoin is probably a good example of a functional PoS coin that has remained around for a while without becoming a shell of its former self.
I understand Rofo has become disenchanted with how things have gone and how the crypto scene has evolved/devolved over the past year.
What puzzles me is the "original vision" and how it was supposed to pan out with recent events. In your "State of Crypto" you touched on the point of ASICs,
but Scrypt ASICs was one thing that threw a wrench in the gears of NobleCoin [and all other Scrypt coins]. I'm not sure if I'm recalling correctly, so feel free to correct me if I'm wrong.
1. Noblecoin was doing well, although often had people who were suspicious of its premine and other attributes.
2. A massive pump occurs [as with most crypto currencies during this time].
3. A massive decline in price now occurs.
4. Network begins to decline in hashrate.
5. Threats of a 51% attack arise, price falls even further.
6. ASICs offering the ability to easily obtain the hashrate of what once required massive GPU farms [300Mh/s per miner now] begin surfacing.
7. Issues with difficulty arise, hashrate is even lower, transactions become unreliable in regards to time needed for confirmations.
8. Rofo is in talks with devs for PoS, and for many, many, months [in regards to the crypto-scene], NobleCoin is in limbo.
I don't see how NobleCoin could have stayed alive with Scrypt. Even Litecoin and DogeCoin had to take measures with the changing environment.
PeerCoin is probably a good example of a functional PoS coin that has remained around for a while without becoming a shell of its former self.
This ^^
In my mind Noble has never been about the tech, noble has been the idea. There is no reason why we couldn't take a merged mining route in the future or something like that.
I could be wrong but I don't think this has anything to do with PoS as we were doing that last summer (June maybe) and rofo was fine with it then. I think this is rofo leaving noble and making an excuse to not feel so bad about it.
there is a lot more going on than you know But what you have said about Rofo, is completely wrong, he will never leave noble, that is a fact, I know this, I have spoken to him myself at great length but it is far from my place to interject other than to say, those of you that know what rofo did and how he handled everything in the early days he has not changed, he will continue to run the website and the marketplace and when all is said and done with this change over you will see that ... but time has to be given in this case. I cannot say anymore, but I have a lot riding on this too, I have invested from my pension almost every week since day 1 of Noble either in hash or as I have on many occasion fiat injection... if you know Rofo go talk to him, he is as approachable as he was from day 1 ... jaded a little maybe, but has always got time for the committed holders of noble ... mark my words, I will publicly give away my noble if Rofo walks ... quote me and mark my words on this day !!
As someone else who has been here since the start and invested a lot, I truly hope you are right. As I have said before I think Noble is a million times stronger with Rofo behind it. I think PoS or otherwise, Noble needs to stand for the initial ideas and dreams of being a 100% transparent coin.
I'm gonna stick around for a bit and help out where I can.
For now James it's safe for me to say to you, don't speculate the how whys and when, just know he's no going anywhere in the long run. <-- in the long run... And I could not agree more about the strength of noble ... to me the coin does not hold it's value from market place, usability, projected value .... it's the fact of how much I have grown to trust rofo over this last year, I started out as a bit of a noob at the start... Rofo has spent countless hours explaining stuff to me and I am sure I have asked some pressing question, just wanting to learn ... never once has he been anything less than happy to spend that time with me, as I am sure he has done for others. I told him just the other day "to many people you are the value of noble" and that has to be a given to a lot of us I am sure, it's him who made this such a great HONEST coin in the first place... that is my point of view and I do not speak for everyone I know that, But that is my stance on Noble .... Now if something were to go wrong with the coin right now ... I would want to distance myself from the changes I has nothing to do with <<--
