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Topic: [ANN][AMS] AmsterdamCoin™ | 100% PoS, Masternodes, Obfuscation, Seesaw - page 140. (Read 272368 times)

sr. member
Activity: 555
Merit: 250
yobit wallet not working... as always... many coins on maintence status.
member
Activity: 112
Merit: 10
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.
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
sr. member
Activity: 490
Merit: 264
| Privacy Advocate | Game Theory | Free Thinker |
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
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?

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
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
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
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?
hero member
Activity: 661
Merit: 500
We only want the FACTS!
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.
sr. member
Activity: 490
Merit: 262
The World’s First Blockchain Core
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.
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
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
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
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
github source code for this project?
EXACT 4 POSTS above...

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

Greetz
Steve
member
Activity: 70
Merit: 10
github source code for this project?
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
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
newbie
Activity: 27
Merit: 0
My wallet hasn't been syncing. It's been days.
Anyone know whats up?

Any nodes I can add to sync.
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
Kees,

I am impressed and happy to see the usage of XEVAN algo. I am buying like a monster AMS now. You find the right balance between the technical high end stuff and a healthy growth of this coin with the community.

Greetz
Steve
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
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
sr. member
Activity: 354
Merit: 252
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.
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
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
hero member
Activity: 661
Merit: 500
We only want the FACTS!
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?
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