[ANN][AMS] AmsterdamCoin™ | 100% PoS, Masternodes, Obfuscation, Seesaw - page 140.

NLGer

member

Activity: 130

Merit: 10

Quote from: luckytimes on July 26, 2017, 12:27:38 PM

I just invested into this coin. I think AMS as a currency for Amsterdam would be great

Any locals in the area actually accepting this currency yet? This coin has a fairly low supply and tiny marketcap. Combine that with Masternodes and I see some potential here. Looks like the Dev works hard and this community is growing. I look forward to the future of this coin. BTW.....CMC says this coin has a circulating supply of 9.6 million coins. I am hoping this is correct. Can anyone confirm this? Thanks

AMS has 60M coins total
20M are for development
10M are for the dev in about ten years
3.5M are burnt in the last swap

So you get a supply of roughly 26.5 million coins at the moment.
Please correct me if i'm wrong ;-)

luckytimes

sr. member

Activity: 336

Merit: 250

I just invested into this coin. I think AMS as a currency for Amsterdam would be great

Any locals in the area actually accepting this currency yet? This coin has a fairly low supply and tiny marketcap. Combine that with Masternodes and I see some potential here. Looks like the Dev works hard and this community is growing. I look forward to the future of this coin. BTW.....CMC says this coin has a circulating supply of 9.6 million coins. I am hoping this is correct. Can anyone confirm this? Thanks

tomsmith26

hero member

Activity: 1148

Merit: 512

It's interesting . I like this form . it looks impressive with this project .
How long can I use this platform ?

NLGer

member

Activity: 130

Merit: 10

Hi Kees, it looks promising!

There has been a lot of trading in AMS Coin on Yobit last week!

keesdewit

copper member

Activity: 1024

Merit: 513

txbit.io - cryptocurrency exchange

Almost done. Just working on a fix for masternode payments at the moment Cool

keesdewit

copper member

Activity: 1024

Merit: 513

txbit.io - cryptocurrency exchange

Quote from: dellzxd on July 25, 2017, 12:15:05 PM

yobit wallet not working... as always... many coins on maintence status.

I know and already did a dev support request on sunday.

dellzxd

sr. member

Activity: 555

Merit: 250

yobit wallet not working... as always... many coins on maintence status.

solarrobot

member

Activity: 112

Merit: 10

Quote from: zecon on July 24, 2017, 02:48:49 PM

Wallet has been stuck syncing for days now, can't get pasts "1 year and 36 weeks"...

Is it a new wallet issue or nodes? Any suggestions?

Thanks

A few pages back in this thread there is a link to some recent chain data known as a bootstrap (synced up to a few days ago). I downloaded it and it helped me sync the chain instantly.

zecon

full member

Activity: 364

Merit: 100

spattered throughout the golden ethers

Wallet has been stuck syncing for days now, can't get pasts "1 year and 36 weeks"...

Is it a new wallet issue or nodes? Any suggestions?

Thanks

SlowGrowth

sr. member

Activity: 490

Merit: 264

| Privacy Advocate | Game Theory | Free Thinker |

Quote from: metamorphin on July 22, 2017, 05:35:06 AM

Quote from: zealox on July 22, 2017, 04:01:22 AM

My wallet hasn't been syncing. It's been days.
Anyone know whats up?

Any nodes I can add to sync.

If all hope lost, wait for the next update. This will solve everything.

Greetz
Steve

I have been on the same situation for over a year now so i guess ill just wait for the new update ( no rush now ). Im glad to see Kees upgrading AMS, because i think the level of competitiveness is going for all time highs and for this project to succed you ned to be able to constantly improve and stay on the curve has they say... Has far as i understand there wont be a need to swap coins am i right? Thanks and keep up the good work

luckytimes

sr. member

Activity: 336

Merit: 250

Quote from: keesdewit on July 24, 2017, 07:44:30 AM

Quote from: luckytimes on July 24, 2017, 07:41:56 AM

So if one buys coins right now, will the ratio be lower? Is the coin supply going to remain the same?

It will stay the same

Okay. So will this be the same coin? Or will there be a new launch with new Masternodes? I am confused on this. Thanks

keesdewit

copper member

Activity: 1024

Merit: 513

txbit.io - cryptocurrency exchange

Quote from: luckytimes on July 24, 2017, 07:41:56 AM

So if one buys coins right now, will the ratio be lower? Is the coin supply going to remain the same?

It will stay the same

luckytimes

sr. member

Activity: 336

Merit: 250

So if one buys coins right now, will the ratio be lower? Is the coin supply going to remain the same?

midnight_miner

hero member

Activity: 661

Merit: 500

We only want the FACTS!

Quote from: keesdewit on July 21, 2017, 07:45:48 AM

Quote from: midnight_miner on July 19, 2017, 10:55:47 PM

Quote from: keesdewit on July 19, 2017, 10:37:24 AM

Quote from: Cryptogott on July 19, 2017, 05:16:49 AM

I think we better go with something which has master nodes.

Master node purchases may boost the coin sales huge. I would rather go as a DASH or PIVX clone instead of Bitcoin.

As the poll points out for now we will be using PIVX

With or without the see-saw rewards?

Yes it will have Seesaw. Specifications will be:

Algorithm XEVAN (PoW and Spork messages)
60 seconds block time
Difficulty retarget every block (Kimoto gravity well v3)
100.000 AMS masternode collateral
Darksend (Obfuscation)
InstantX (SwiftTX)
PoS 3.0 protocol
Seesaw reward balancing
PoW block rewards: [block# 2-151200] 7.5 AMS [block# 151201-259200] 5 AMS
PoW rewards breakdown:
- [block’s 2-432000] 20% MN (1.5 AMS) / 80% MINER (6 AMS)
- [block’s 43201-151200] 20% MN (1.5 AMS) / 70% MINER (5.25 AMS) / 10% Available to the budget system (0.75 AMS)
- [block’s 151201-259200] 45% MN (2.25 AMS) / 45% MINER (2.25 AMS) / 10% Available to the budget system ( 0.5 AMS)
PoW ends at block 259200 (Approx 180 Days)
PoW rewards: [block# 2-151200] 7.5 AMS [block# 151201-259200] 5 AMS
PoS rewards breakdown
- [blocks 259201-302399] 4.75 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 302400-345599] 4.5 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 345600-388799] 4.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 388800-431999] 4 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 432000-475199] 3.75 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 475200-518399] 3.5 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 518400-561599] 3.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 561600-604799] 3 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 604800-647999] 2.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 648000-Infinite] 2 AMS (90% distributed to staker and masternode - 10% available to budget system)

Wallet is currently in developement: https://github.com/CoinProjects/AmsterdamCoin-v4

I like the plan!

You need a budget/development system to help promote the coin and its development. I am glad you are implementing a reasonable system to support future development.
I am very busy, but I am available to help out in any way I can with the support of AMS coin.

ERossin

sr. member

Activity: 490

Merit: 262

The World’s First Blockchain Core

Quote from: keesdewit on July 21, 2017, 02:20:11 PM

Quote from: Colonel Crouton on July 21, 2017, 02:14:47 PM

Quote from: midnight_miner on July 10, 2017, 10:11:44 PM

Quote from: keesdewit on June 27, 2017, 05:57:25 AM

Quote from: ztumppi on June 26, 2017, 02:26:21 PM

Dev, you should contact coryvmcs1 or whatever his name was, he posted here. They edited the source somehow to make it work for the pool, contact them maybe?

I decided to create a new Amsterdamcoin based on the current Bitcoin code. Lean and mean without PoS or masternodes. Keeping in mind the goal of this coin as payment option. Lots of things were already done for Bitcoin and thats where we profit. I think thats the best way to go.

Please let me know if anyone has a better idea.

In the last month several PoW only coins were victims of 51% attacks and double spend attacks. These were coins with considerable value to make it worth renting the hashing power to perform the attacks. So, if the new coin does not have the difficulty of BTC or LTC, you will need to deal with a threat that is not dealt with even in the newer code base of Bitcoin.

Choose your coin algo wisely, but even CPU only algos will be GPU mine-able someday and that is when the 51% attacks will come, after you have worked hard to build up the value of the coin.

Hybrids do have advantages, with or without Masternodes.

Plan for the future and make a PoS coin. Give up the PoW religious nonsense. It works for only the biggest coins, and isn't necessary for chain security. It is great for distribution because it is "fair" but shitty for chain security.

Look how many PoW coins got hacked. Even the WBB dev said at some point that WBB would NEVER be PoS. Now they have to go to PoS and he has to eat his religious words.

Do the right thing and go with PoS from the start. The PoW religious fanatics hate the suggestion, but they are delusional and shouldn't be listened to.

After 180 days of mining there will be only PoS and Masternodes. Please read the new coin specifications (as also posted above)

Algorithm XEVAN (PoW and Spork messages)
60 seconds block time
Difficulty retarget every block (Kimoto gravity well v3)
100.000 AMS masternode collateral
Darksend (Obfuscation)
InstantX (SwiftTX)
PoS 3.0 protocol
Seesaw reward balancing
PoW block rewards: [block# 2-151200] 7.5 AMS [block# 151201-259200] 5 AMS
PoW rewards breakdown:
- [block’s 2-432000] 20% MN (1.5 AMS) / 80% MINER (6 AMS)
- [block’s 43201-151200] 20% MN (1.5 AMS) / 70% MINER (5.25 AMS) / 10% Available to the budget system (0.75 AMS)
- [block’s 151201-259200] 45% MN (2.25 AMS) / 45% MINER (2.25 AMS) / 10% Available to the budget system ( 0.5 AMS)
PoW ends at block 259200 (Approx 180 Days)
PoW rewards: [block# 2-151200] 7.5 AMS [block# 151201-259200] 5 AMS
PoS rewards breakdown
- [blocks 259201-302399] 4.75 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 302400-345599] 4.5 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 345600-388799] 4.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 388800-431999] 4 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 432000-475199] 3.75 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 475200-518399] 3.5 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 518400-561599] 3.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 561600-604799] 3 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 604800-647999] 2.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
- [blocks 648000-Infinite] 2 AMS (90% distributed to staker and masternode - 10% available to budget system)

Wallet is currently in developement: https://github.com/CoinProjects/AmsterdamCoin-v4

it's very great to see this swap but when is this swap available and what is about the swap ratio between the AMS and new coin?
I have more 10 thousands AMS coins on the novaexchange so Must I Transfer this coin to my private wallet for swap? Thanks.

metamorphin

legendary

Activity: 1106

Merit: 1004

No risk, no fun!

Quote from: luckytimes on July 23, 2017, 10:51:15 PM

Is there new Masternodes coming out for this coin? I don't understand exactly what is being developed. Haven't masternodes been out for a long time? Can someone explain? Also, is there any new developments coming? I am considering investing but I am not sure yet. Thanks

Exact 5 posts above...

AMS gets a completely new algo and design.

Greetz
Steve

luckytimes

sr. member

Activity: 336

Merit: 250

Is there new Masternodes coming out for this coin? I don't understand exactly what is being developed. Haven't masternodes been out for a long time? Can someone explain? Also, is there any new developments coming? I am considering investing but I am not sure yet. Thanks

metamorphin

legendary

Activity: 1106

Merit: 1004

No risk, no fun!

Quote from: junzotojunzo on July 23, 2017, 08:28:42 AM

github source code for this project?

EXACT 4 POSTS above...

Wallet is currently in developement: https://github.com/CoinProjects/AmsterdamCoin-v4

Greetz
Steve

junzotojunzo

member

Activity: 70

Merit: 10

github source code for this project?

metamorphin

legendary

Activity: 1106

Merit: 1004

No risk, no fun!

Quote from: zealox on July 22, 2017, 04:01:22 AM

My wallet hasn't been syncing. It's been days.
Anyone know whats up?

Any nodes I can add to sync.

If all hope lost, wait for the next update. This will solve everything.

Greetz
Steve

Topic: [ANN][AMS] AmsterdamCoin™ | 100% PoS, Masternodes, Obfuscation, Seesaw - page 140. (Read 272323 times)