Topic: [AC] AsiaCoin | Pure PoS | 100% Interest - page 186. (Read 264528 times)
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
California Coin is a winner in the works with no scam from the beginning.
Well.. so you think...
Always doubt a newbie account posting on BCT... the code is complex, there are many ways to scam.
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.
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/
sold all my AC around 1800 satoshi.i feel lucky.
u guys are doing a meaningful job.i'll buy some new AC when it comes out.
u guys are doing a meaningful job.i'll buy some new AC when it comes out.
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.
The interest rate must remain as close to 100% as possible for the first year. People need to stop suggesting anything lower. The point of reviving the coin is to be as close to the original specs as possible.
But dont u think a 50% interest is too much :/ 190,000x1.5 = close to 280,000. A 1% interest coin would sustain itself better with less money being generated.
The issue of interest rate is very sensitive because it is linked to the sustainability of the price of the currency in the medium and long term!
A higher interest rate further decline in long-term price!
And this in an alt-coin can be life threatening in a few months ...
I suggest that the interest rate does not exceed 10%
+1
The interest rate must remain as close to 100% as possible for the first year. People need to stop suggesting anything lower. The point of reviving the coin is to be as close to the original specs as possible.
But dont u think a 50% interest is too much :/ 190,000x1.5 = close to 280,000. A 1% interest coin would sustain itself better with less money being generated.
The issue of interest rate is very sensitive because it is linked to the sustainability of the price of the currency in the medium and long term!
A higher interest rate further decline in long-term price!
And this in an alt-coin can be life threatening in a few months ...
I suggest that the interest rate does not exceed 10%
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..
I will talk with them lol. Just get the fixes and whatnot going, y'all already have a lot to do
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..
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.
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