if the premined and/or scamcoin were bought by someone, that's means does he will lose it?
With the current suggest patch.. no, no one will lose except premine.
It is perfect idea
Great 
Topic: [AC] AsiaCoin | Pure PoS | 100% Interest - page 185. (Read 264588 times)
With the current suggest patch.. no, no one will lose except premine.
It is perfect idea
Great
@micryon
any donation-address? I'd like to send some satoshi to support you and the community.
any donation-address? I'd like to send some satoshi to support you and the community.
Is this a trustworthy site? I'm thinking I'll probably buy some back into AC. It's looking like everyone is really coming together to get this going which is giving me some hope to be honest.
Dear Community
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).
I will agree with a reduction but not a drastic one. The reason AC captured high attention was due to the first year 100% stake interest and 2% 2nd year onwards. I personally feel that we can reduce the first year stake to 70% stake and subsequent years to 3-5% to beat inflation.Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number
).redo your calculation please, there were a total of 141million asiacoins, plus the 30 million premined coins
That will be ~87%
Dear Community
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).
I will agree with a reduction but not a drastic one. The reason AC captured high attention was due to the first year 100% stake interest and 2% 2nd year onwards. I personally feel that we can reduce the first year stake to 70% stake and subsequent years to 3-5% to beat inflation.Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number
).+1
Dear Community
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).
I will agree with a reduction but not a drastic one. The reason AC captured high attention was due to the first year 100% stake interest and 2% 2nd year onwards. I personally feel that we can reduce the first year stake to 70% stake and subsequent years to 3-5% to beat inflation.Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number
).redo your calculation please, there were a total of 141million asiacoins, plus the 30 million premined coins
Dear Community
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number
).I don't know if it is possible to keep 100% interest, if possible, it should.
As change this spec is possible to kill the coin during relaunch. We should minimize the modify.
I believe many of the investor are attracted by the interest including me.
If change it to a low amount then it is nothing so much different to other POS coins.
If it is not possible to keep 100%, then try to minimize the deduction.
However, I will support whatever the new team do.
Once again, thanks for the great job.
Dear Community
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).
I will agree with a reduction but not a drastic one. The reason AC captured high attention was due to the first year 100% stake interest and 2% 2nd year onwards. I personally feel that we can reduce the first year stake to 70% stake and subsequent years to 3-5% to beat inflation. Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number
).Dear Community
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number
).Just done some calculations (really should enjoy my vacation) and in order for the total coins to be 320mill from 190mill is 68% interest. However 68% interest is a crazy amt and a reasonable amt is 1-5% interest as many successful coins/currencies dont offer inflation rates more than 5% at the max. 5% would send the total amt of coins to 200mill at the end of the year a very reasonable amt making it very promising. And as to my duties as a Exchange caller i will be doing do later this day once many thins are worked out and im free.
guys are fixing a scamcoin 
Given the kind of volumes that AC was trading at, it will be worthwhile as the amount of people scammed should be one of the highest.
asiacoin was supposed to be high interest in the first year as a way of continued coin generation without mining. the amount of coins were always known, no need to change anything. the price of the revived coin will most likely be lower and therefore high interest will hopefully find a balance of old value and new value. i think getting exchanges back immediately will be bad for the value. let people get their coins to the new wallet and stake for awhile before getting back on exchanges. just my opinion.
guys are fixing a scamcoin
Dear Community
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number
).I think stake something like 15% on year would be good. And that stake time 2 week is too long how about 12hours or so.
Dear Community
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number
).
btw that is a really kick ass logo.. way better than before..
Is this a trustworthy site? I'm thinking I'll probably buy some back into AC. It's looking like everyone is really coming together to get this going which is giving me some hope to be honest.
All exchanges are protecting themselves from potential fruad of premine dumping, until the patch can be released.
Cryptsy has already agreed on reopening wallet once a patch is created. we don't know about mintpal yet.. someone will have to talk with them..
NEW SUBREDDIT! PM ME FOR MODERATING PRIVILEDGES! LETS KEEP THIS AS TRANSPARANT AS POSSIBLE, FOLKS!
http://www.reddit.com/r/officialac/
http://www.reddit.com/r/officialac/
Nice im subscribed
eh I Moved on to California Coin under 1.5% premine and no scam there
California Coin is a winner in the works with no scam from the beginning.
California Coin is a winner in the works with no scam from the beginning.
They will never reach the volume of business you have AsiaCoin by how hard they try!
The best thing about AC is its huge community...
And this in an alt-coin can be life threatening in a few months ...
I suggest that the interest rate does not exceed 10%
I suggest that the interest rate does not exceed 10%
Perhaps a separate debate on this, and perhaps hold a vote or something.
I don't care as it's a trivial code change.. and yeah since we're hard forking it's the time to do it.. if the community wants to change anything..
The core focus of the development though is really on the security of ensuring the premine stays put and cannot be used in *any* way that can harm the network in the future.
It seems excellent idea somerte this point to the consideration of the community
I just want to buy some AC coins some days before
,But i am late and lucky. now the dev is done is very nice,
If the coin is ok, i will buy a little not too much, it is Not credible
,But i am late and lucky. now the dev is done is very nice,
If the coin is ok, i will buy a little not too much, it is Not credible
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