ok so basically coins gets age every blocks and do not require your wallet to be open to get this age BUT you need to have your wallet open and unlocked (and synced of course) to be able to stake your coins
staking is the process of consuming the coin age (has to be more then 2 weks for asiacoin) and turning your block of coins into 2 smaller blocks which will have interests over it.
let s say i have 100 asiacoin and leave them into closed wallet for a month. i open my wallet and sync it, wait for them to stake. if they stake today (30 day coin age) this 100 coin block will split into two 53.5 coin blocks (on average, luck is involved as you compete with others on the network to get stakes)
the more coin you have the faster they stake.
So you can go on hollidays and sit on your AC they will still stake when you come back and sync your wallet
easy, efficient, .....ladies and gentleman : POS
Topic: [ANN][AC]AsiaCoin - Relaunch - page 206. (Read 401004 times)
Can someone explain how PoS works exactly?
does the wallet need to be up 24/7?
do the coins notice their age after the amount of confirmations they have received?
how does it work?
does the wallet need to be up 24/7?
do the coins notice their age after the amount of confirmations they have received?
how does it work?
hi everyone i just discovered this coin. looks great i am now mining it. also i'd love my 500 ac.thanks
Welcome to the AsiaCoin community!
Next giveaway is at the end of PoW somewhere around wednesday.
№48 - http://coinmarketcap.com/
48 AsiaCoin $ 324,195 $ 0.002734 118,590,000 AC $ 63,016
we have great opportunities to be in the top 15
....^48 AsiaCoin $ 324,195 $ 0.002734 118,590,000 AC $ 63,016
we have great opportunities to be in the top 15
UP |
45 AsiaCoin $ 352,687 $ 0.002878 122,530,000 AC $ 57,134
Edit:
....^
UP |
43 AsiaCoin $ 359,669 $ 0.002934 122,600,000 AC $ 56,834
Update:
41. AsiaCoin $ 399,078 $ 0.003244 123,030,000 AC $ 66,492
hi everyone i just discovered this coin. looks great i am now mining it. also i'd love my 500 ac.thanks
№48 - http://coinmarketcap.com/
48 AsiaCoin $ 324,195 $ 0.002734 118,590,000 AC $ 63,016
we have great opportunities to be in the top 15
....^48 AsiaCoin $ 324,195 $ 0.002734 118,590,000 AC $ 63,016
we have great opportunities to be in the top 15
UP |
45 AsiaCoin $ 352,687 $ 0.002878 122,530,000 AC $ 57,134
Edit:
....^
UP |
43 AsiaCoin $ 359,669 $ 0.002934 122,600,000 AC $ 56,834
Hi everyone,
I just finished writing up another really solid Asiacoin post on the coming multipool (at least I've been working on it long enough that I hope it is).
re: my last post - the asiacoin devs did eventually get back to me. I offered my marketing/PR services and to join the dev team. Their response was they would get back to me after POW ends. I will keep you updated if anything changes.
Please share if you enjoy...
https://medium.com/crypto-articles/134775819dd7
Cheers,
CB
I just finished writing up another really solid Asiacoin post on the coming multipool (at least I've been working on it long enough that I hope it is).
re: my last post - the asiacoin devs did eventually get back to me. I offered my marketing/PR services and to join the dev team. Their response was they would get back to me after POW ends. I will keep you updated if anything changes.
Please share if you enjoy...
https://medium.com/crypto-articles/134775819dd7
Cheers,
CB
+1000 Brilliant write up there!
A lot of work has gone into that. Thank you crypto bull!!
Hi everyone,
I just finished writing up another really solid Asiacoin post on the coming multipool (at least I've been working on it long enough that I hope it is).
re: my last post - the asiacoin devs did eventually get back to me. I offered my marketing/PR services and to join the dev team. Their response was they would get back to me after POW ends. I will keep you updated if anything changes.
Please share if you enjoy...
https://medium.com/crypto-articles/134775819dd7
Cheers,
CB
I just finished writing up another really solid Asiacoin post on the coming multipool (at least I've been working on it long enough that I hope it is).
re: my last post - the asiacoin devs did eventually get back to me. I offered my marketing/PR services and to join the dev team. Their response was they would get back to me after POW ends. I will keep you updated if anything changes.
Please share if you enjoy...
https://medium.com/crypto-articles/134775819dd7
Cheers,
CB
We should have a like button here
Anyhow, nice post!Too bad I will be travelling for over 24h wednesday. Will be eager to see what happened once I arrive on my destination
it's time to buy
Hi everyone,
I just finished writing up another really solid Asiacoin post on the coming multipool (at least I've been working on it long enough that I hope it is).
re: my last post - the asiacoin devs did eventually get back to me. I offered my marketing/PR services and to join the dev team. Their response was they would get back to me after POW ends. I will keep you updated if anything changes.
Please share if you enjoy...
https://medium.com/crypto-articles/134775819dd7
Cheers,
CB
I just finished writing up another really solid Asiacoin post on the coming multipool (at least I've been working on it long enough that I hope it is).
re: my last post - the asiacoin devs did eventually get back to me. I offered my marketing/PR services and to join the dev team. Their response was they would get back to me after POW ends. I will keep you updated if anything changes.
Please share if you enjoy...
https://medium.com/crypto-articles/134775819dd7
Cheers,
CB
Has the multi been tested yet?
Its so quiet here, everyone wants to buy at cheap prices But come on, spread the word about this coin so more people can get in while its cheap !
But come on, spread the word about this coin so more people can get in while its cheap ! 
hi there; i'm just waiting in the dark to make my first buy into ac
Wednesday is when POW ends and multipool starts up.
Here's hoping it's a good day.
It will be... Buying more as we speak
Wednesday is when POW ends and multipool starts up.
Here's hoping it's a good day.
Wednesday is when POW ends and multipool starts up.
I am sure that the team behind this coin will delighted us with some good news on Wednesday
That almost sounds like you already know something....
Well price looks to be holding around 600, too bad as i had a few more orders around 500
Anyway, i guess it will keep on that level till the end of POW and then who knows
Anyway, i guess it will keep on that level till the end of POW and then who knows
I am sure that the team behind this coin will delighted us with some good news on Wednesday
The coin is doing just fine, just cuz the coin isnt flooded with fud and shit about black/white coin does not mean anything is wrong.
Actually i think its good, the dev's are working hard, the community is stable and supports the coin, we will enter POS phase very soon. Things are going good, i dont think this coin needs to go on war with other coins, let it develop and run smooth.
Actually i think its good, the dev's are working hard, the community is stable and supports the coin, we will enter POS phase very soon. Things are going good, i dont think this coin needs to go on war with other coins, let it develop and run smooth.
+1 multi-pools are still dumping.....enjoy the lack of drama.
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