"Which brings us to the main issue: During, most, if not all, encounters available, in which the Noble Rounds damage buff would shine, it not capable of doing so since the damage buff does not stack with the buff provided by Empowering Rifts / Well of Radiance".
If it did stack with Empowering Rifts and Well of Radiance, this would unbalance the weapon seeing how Blessing of the Sky offers a 33% buff to both you and your ally (depending on who you target) I'm positive this is something that Bungie thought of and made it so Well and Empowering Rifts don't stack with Blessing of the Sky.
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It works with Tractor Cannon I believe.
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We'd have another situation like we did with tractor buffing EVERY good/god weapon in y1. up to 700% damage with tractor+trench barrel(void EP)+Empowering rift+Melting point. the game is in a state where we do not need that to happen again (as we are nuking bosses more than likely faster than intended and making everything trivial when you can TC+well+empower and use a void grenade launcher and kill everything in the game in seconds kinda take some of the fun out of things) I'd like to see the gun as an option to buff things (maybe a larger damage buff or Damage resistance) but where it stands it doesn't have too much of a place.