Quote from: doremi on June 23, 2014, 04:29:18 AM

Quote from: cdg1941 on June 23, 2014, 04:14:08 AM

Quote from: doremi on June 23, 2014, 04:10:06 AM

Quote from: Rofo on June 23, 2014, 01:10:28 AM

Quote from: Hippie Tech on June 23, 2014, 12:53:31 AM

WTF ! PoS !?

"The (not so) Noble Bank of Rofo."

Hmm.. massive premine.. easymined the crap out of something... eliminated PoW ..

Where have we seen this before ?

AND.. WTF do I have to do to find a legit coin !?? Huh

6 months of mining at the same block reward. Premine addresses transparent. I'll be giving the majority away in giveaways after PoS and for future development as I have for 6 months - I don't want this cursed premine. PoW is going because we're getting 51% and forced on low profitability for months.

For how long do we need to provide full transparency, personal details, a 6 month record, and remind everyone of the opportunity to make hundreds of thousands of dollars scamming this scene which we didn't take before you're happy.

Edit: Regarding PoW versus PoS, I have spent months being open about the realities, pros & cons of both regarding distribution, security, longterm issues & how they are used to take advantage of the scene. I don't make outright misleading comments like PoS coins are immune to 51% or PoS multipools ensure indefinite price rises. I've been against PoS but am coming around and will have to put more energy into ironing out and cleaning up PoS criticism when it comes. But the damage PoW is doing to this scene and us demands action, so we have to take it. If you can find someone more open and realistic about the 'issues' of all these altcoins besides intelligent BTC purists and 'old guard' developers who deserve more respect than they receive please point them out. They exist, but I'm personally getting tired of being labelled with these scam coins.

Also, we're going to be PoS/PoW so you can still mine. This lets us cover both angles: saving/distribution, miners/investment, while combating a cheap influx of coins & ensuring the best of both worlds in security. Keep in mind we're putting security of the blockchain first. Presstab is well-versed in the issues and coding required to combat vulnerabilitie and the %'s/#'s to encourage security while protecting price as best we can.

would you mind be more elaborate about PoS/PoW? i mean i have no question about PoS..however,i wish to know about PoW part..will it be a short term or long term PoW?

we have been POW for over 6 months, moving over to POS as a result of near constant attack and dumping

so..you mean after switch to PoS/PoW..the PoW will still remaining in long term right? are you a board member that could confirm about this?
to be honest..i'm a noble supporter since it launch without mining ,all my stakes i bought it from exchange and i suffer enought of miners dumping and cutting my investment..if noble are still stuborn in the long term PoW..sorry..i will stop my support to this coin...this is just my personal decision..if someone gonna fud about this..go ahead..i don`t care really.

A PoW component is still ideal for the fork short-medium term but we are discussing full PoS longer-term. Supply added by PoW will be reduced and replaced with PoS supply. You're entitled to your personal decisions but this isn't just about price or inflation. There is something just as important that we can't afford to ignore: the technical & security implications of no incentive to stake and/or no incentive to mine.